Global Prime Rebates – $1.50 Commission Discount for ECN accounts

Global Prime Rebates and Commission Discounts

Global Prime Rebates

We offer the following Global Prime rebates and commission discounts:

Account TypeECN Account
Rebate rate$1.50 direct commission discount / 21.5% commission discount
Rebate optionDirect commission discount
Original commission rate$7 per rt lot (USD7, AUD7, EUR6.20, GBP5.4, SGD9.5, CAD9)
Commission after discount$5.5 per rt lot (USD5.5, AUD5.5, EUR4.45, GBP4.25, SGD7.5, CAD7)
Minimum DepositAUD$200 or equivalent
Min trade size0.01
Min distance pending ordersNone
Scalping allowedYes
Hedging allowedYes
Islamic AccountsNo
RegulationASIC
Open account with above rebate

If you have an existing account and would like to receive the commission discount, please email support@globalprime.com with your account number and request a transfer to IB code ‘ATG‘.

Your spreads remain exactly the same – There is no spread mark up to provide you this service.

The global prime account is especially for those who want a peace of mind trading forex, that your broker does not trade against you – Global prime is able to show you for each trade they do not trade against you via liquidity provider receipts.

Frequently Asked Questions

  • Is this commission discount/rebate service 100% legitimate?
    1. Yes, Abundance Trading Group is an introducing broker (IB) of all brokers listed on our website, and our role is to introduce new clients to them. We do this by giving back to you part of our referral fee the directly to you in the form of a commission discount.
  • Is your service free?
    1. Absolutely. You do not pay a single cent, and you are not at a disadvantage because we don’t mark up your spreads
  • Do you mark up my spreads?
    1. No! We will never do that. Honesty and Integrity is a big part of Abundance Trading Group and we will not do anything to put our clients at a disadvantage. It would also be disadvantageous for us to do that because we would earn a bad reputation for ourselves and future clients would not come to us
  • How do I sign up for the rebates or commission discount? 
    1. Click on the link above to sign up
    2. I am always available at linton@abundancetradinggroup.com or live chat via instant facebook message to assist. You will be speaking with me, Linton
  • If I sign up with you, will you have access to my trading account and trade information?
    1. No. Absolutely not. Only you have access to such information. We only receive compensation for referring you.
  • Does it matter if my trades are profitable or not?
    1. You will receive a commission discount/rebate no matter whether your trades are profitable or not. There is no disadvantage to you.

Questions about Global Prime Rebates?

See the commission rate reduction on your account

Global Prime commission discount example

 After the discount. Before the discount, commission rate is SGD 9 per rt (for SGD accounts)

Global prime commission discount example

 Account is in Singapore Dollars, hence original commission rate before discount is SGD 9 per rt lot. After discount is 7.5 SGD (see image above)

In the example above, the account denominated in Singapore Dollars (SGD). Original commission rate is SGD 9 per round turn lot (for SGD accounts), equivalent to 7 USD.

After the discount, the commission rate is reduced to SGD 7.5 per rt lot, a 17% discount. This is calculated from the top image by taking the commission charged for trading 3.35 lots, 25.13 SGD ÷ 3.35 lots = 7.5 SGD.

For USD/AUD accounts, original commission rate is 7 USD/AUD. After our discount, your commission rate will be $5.50 USD/AUD per rt lot

What to expect when opening an Global Prime account? (5 steps)

Global Prime rebates

1. Personal Details

Once you click the account opening button (in green) above, it will send you to Global Prime's webpage. Go ahead and open your account there. Fill out your personal details.

2. Account Configuration

Please select your account type (individual, joint, company), your account's currency and whether you are a US tax resident or not.

Global prime rebates

3. More about you

Please fill out your date of birth, contact number and address and national ID number.

Global Prime discount

4. Declaration

Please read and accept the product disclosure statement and the financial services terms.

Global Prime commission discount

5. Identity Verification

Please upload your proof of address and identity after clicking "Next". Once uploaded, your account will be opened within 24 hours with the discounted commissions automatically applied.

What to expect (if you have an existing account): Once you have mailed support@globalprime.com and requested them to transfer your existing account number to IB code ‘ATG‘, Global Prime will respond within 24 hours saying your account has been successfully transferred. The $1.50 discount is automatically applied to your account once your account is in our IB group

Don’t wait! The faster you sign up, the more you save!


Reviews!

Leave us a review in the comments section below if you have benefited from this rebate!


Low Spreads and regulation

Global Prime Forex is ASIC regulated and has very competitive spreads on the majors and minors (see spread comparison table below). Typical EURUSD spread is 0.1 to 0.2pips during London and New York trading hours.

Currency pairs and CFDs

Global Prime offers a total of 80+ different currency pairs, global index CFDs, commodity CFDs, cryptocurrencies CFDs. The full list of CFD offerings:

Stop level, leverage and min trade size

They have zero stop level and offer 200:1 leverage (higher leverage pending approval) with minimum 0.01 lot trade size.

Trade server location & Execution speed from VPS

Their trading servers are located at NY4 (New York) and co-location is possible from a New York based VPS from CNS (Commercial Network Services) or Beeks. Both are located within *1ms latency from Global Prime’s Trade servers.

Average execution speed from New York Beeks Gold VPS (below) is: ~78ms

VPS sponsorship

Global Prime will sponsor your Beeks Bronze VPS if you trade a minimum of 20 lots in a month. Beeks Sliver requires 30 lots and Gold requires 40 lots. Full details here.

2 thoughts on “Global Prime Rebates – $1.50 Commission Discount for ECN accounts

  1. Paul

    Hi
    How are the rebates paid, direct bank transfer to my account, credit or trading account?

    Thanks

    Paul

    Reply
    1. Linton Post author

      Hi Paul,

      The rebates are paid ‘instantly’ through a real-time commission discount. This means instead of receiving a cashback or rebate at the end of the day or month, it is immediately applied through a direction reduction in your commission rate.

      There is a section above entitled: See the commission rate reduction on your account
      You can view the effect of the commission reduction on your account.

      Cheers,
      Linton

      Reply

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