Skip to main content
pipvet.comBroker Status Register
Report a broker
Independent

This register is not a regulator. Every status links to the regulator's own notice or register entry.

341 firms on file · 202 identified entity records 73 carry a published regulator notice

COUNTERPARTY FILE · last re-checked 2026-09

Global Prime — institutional liquidity provider

This document is for informational purposes only and does not constitute legal advice.

FMGP Trading Group Pty Ltd · Level 10, 627 Chapel St, South Yarra VIC 3141, Australia

evidence score
82/100

Licence, read literally

RegulatorLicence numberJurisdictionTierSource
ASIC385620AustraliaT1open source
VFSC40256 (company number)VanuatuT3open source
Tier classification follows the same scale as the retail register: tier-2 means real supervision and client-money segregation, without an investor compensation scheme — never misread it as tier-1 protection.

Residuals a counterparty carries

2

  1. R01

    Contradictory founding years

    Global Prime states both '14+ years' and 'for 16+ years' on different pages.

    Source: Global Prime homepage

  2. R02

    Segregated funds bank contradiction

    Homepage claims funds are with tier-1 banks like HSBC, while the about-us page mentions NAB.

    Source: Global Prime about-us page

The claims ledger

Claims specific enough to be falsified — and the ones that remain the venue's own measurement.

Testable claims

  • Global Prime is a trading name of FMGP Trading Group Pty Ltd (ABN 74 146 086 017), licensed in Australia under AFSL No. 385620 — own regulation page (globalprime.com/company/regulation)
  • Gleneagle Securities Pty Limited trading as Global Prime FX is a registered Vanuatu company (Company Number 40256) regulated by the VFSC — own regulation page
  • X-Connected low latency servers within the NY4 datacentre execute trades — own homepage

Claims we cannot verify from outside

  • "execution speeds from as low as 10ms" — own homepage measurement, no disclosed test boundary
  • "0.0 spreads, $0 minimum deposit, no fees" — own marketing meta text
  • "14+ years trusted" — own marketing figure (site elsewhere says 16+ years)

Perimeter and coverage

Asset classes
FX spot, Crypto CFDs, Indices, Commodities
Venues
NY4 datacentre (New York)
Connectivity
Clients accepted
Retail and wholesale traders (Global Prime)
Explicitly refused
A firm that publishes its own negative space — who it refuses, where it is not licensed — is materially easier to diligence than one that doesn't. The refusal list is treated here as disclosure, not as a defect.