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Live Trading

The Live ECN account is the only choice for traders who demand absolute quality, performance and transparency.

Don't listen to us - listen to them!

What is a live trading account?

Demo trading accounts are used by traders to get acquainted with a brokerage's platform and markets, as well as test various trading methods, using virtual money and a risk-free environment. That is the primary distinction between a live trading account and a demo one. A demo account simply allows you to get a feel for global financial markets and gives you the opportunity to experiment with virtual money without risking your own funds.

Demo account trading, on the other hand, may assist you in learning market forces and developing your own trading approach and trading style. However, you don't want to trade on a demo account for too long. So, the last step is to forget about demo trading and your "supposed" success as a demo trader, and go on to the real world.

Why use a live account?

Trading live is an entirely different animal. It's like the difference between sparring with your brother and fighting Mike Tyson.

The major distinction between trading with your live account and a demo account is trading psychology. Emotions are the most important difference between social trading and systematic trading, according to nearly 90% of traders. Don't be surprised if you make a large profit on a demo account the first day. That is how it is: the trading market is a mental game.

When real markets are taken into account, the significance of trading on a demo account is considerably lower. When you start employing live accounts, everything shifts. Even if your demo trading is extremely tight, you won't be able to anticipate the emotion that comes with real money on the line.

It all comes down to establishing a solid foundation and focusing on and enhancing your trading procedures.

When you create a live account with Global Prime, you'll get immediate access to a live version of our trading platforms, MT4 and TraderEvolution. You can also use your TraderEvolution account to trade via TradingView charts!

With a Global Prime live trading account, you’ll gain access to over 1,000s markets, including:

As well as a range of other markets including shares and bonds.

Your questions, answered.

What does ECN mean? Right Arrow

Electronic Communications Networks or ‘ECNs’ are off-exchange execution venues which allow market participants to trade with a range of counterparties anonymously. They are the main trading venues for OTC markets such as Foreign Exchange and Metals.

This basically means ECNs provide the technology and venue for price makers aka ‘liquidity providers’ to distribute their liquidity. Price takers (traders) can see these prices and execute trades against them. The ECN is therefore responsible for prices/quotes and the execution of orders.

See our ECN page for a detailed overview of the Global Prime ECN offering.

What account types does Global Prime offer? Right Arrow

Global Prime keeps it simple with one account type - The ECN Account. It features the following:

  • ECN ‘Best Execution’ with execution 26+ liquidity providers
  • Execution speeds from as low as 1ms
  • Commission is $7 per lot round turn
  • No minimum deposit
  • Spreads are super tight and variable
  • Automated trade receipts for the ultimate transparency
What are the fees and charges for trading with Global Prime? Right Arrow
  • We make money from commissions, spreads, swaps and interest
  • Commissions from start at $7 per lot traded round trip (FX & metals only)
  • Swap and interest can be earned or charged if your positions are held past the close of the underlying market (17:00 NY time ET/EST)
  • There are no fees for funding or withdrawing from our end however, your bank may charge intermediary bank fees or conversion charges, it is recommended to check with your bank to ascertain this prior to funding
  • Find more information here
What is the minimum amount needed to open a trading account? Right Arrow
  • There is no minimum starting balance however, we recommend no less than 200 AUD or the equivalent in another currency
Is Global Prime an ECN broker? Right Arrow

Global Prime offers a true ECN experience. We can prove this on everyone of your trades with automated trade receipts. These show the bank who filled your trade. Find more information here.

Does Global Prime profit from your losses? Right Arrow

All client trades, and therefore market risk, is passed on to Global Primes liquidity providers. Our A-book model means that your trades are not internalised, rather they are filled by our liquidity providers. This means we do not profit from your trading losses.

How can we verify this? The transparency provided by our world's first ‘automated trade receipts’ enable clients to query vital trade information on every trade, directly from within the client portal. This feature enables you to see the full order book at the time of your trade as well as which liquidity provider filled your trade.

Are scalping, hedging, EAs and HFT allowed? Right Arrow

All strategies are welcome at Global Prime. We don’t have restrictions on trading and we don’t interfere with your trades. We do however stress the importance of risk management and will generally only ever contact a trader when their risk is too high.

Compare Our Account Features

Commission Free

Our new lowest fee model. Trade EURUSD from 0.4 pips round turn with no added commissions


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Spreads + Commission

Traditional ECN fee model with spreads from 0.0 pips and $7/lot commission.


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Spread From 0.4 Pips 0.0 Pips
Commission $0 $7 per round turn lot
Starting Deposit $200 $200
Platforms MT4, TraderEvolution, TradingView MT4, TraderEvolution, TradingView
Server Location New York New York
Execution speeds from 1ms 1ms
Micro lot trading(0.01)
100+ Markets 100+ Markets FX, Indices, Commodities, Digital Currencies, Shares, Bonds 100+ Markets FX, Indices, Commodities, Digital Currencies, Shares, Bonds
One Click Trading
Trading Styles Allowed All All
Order Distance Restriction None None
Suitable For All Traders All Traders

Benefits of World Class Trading

Tight Spreads

You'll be able to trade on competitive rates and leverage our global reach.

  • We understand what you need
  • Trade with a transparent broker

Liquidity

Deep liquidity through ECNs and dark pools. Get the ECN advantage.

  • Be a part of an elite trading community
  • Be confident in your trading decisions

Range of Markets

Get access to the world's most liquid markets. Trade 24 hours a day.

  • Keep up with your favorite assets
  • Be confident when trading

Radical Transparency

Trade Receipts - the easy way to verify your trades.

  • Make smarter decisions about trading
  • Feel like an insider when you trade

No Restrictions

We've got you covered: technical, fundamental, news, and EA friendly.

  • Learn how to trade without worry
  • Be in control of your trades

Low Latency

Fast execution speeds from as low as 1ms. Competitive pricing

  • Get the best prices in the market
  • Get what you want, when you want it

Download Our App

Make managing your trades faster, easier and more convenient.
Wherever you are.

What is TraderEvolution?

We serve traders like you
from 196 countries*

Spreads From

0.0 Pips

Execution From

1 MS

Trade Markets

24/5

Deposit & Withdrawal

$0 Fee

Multiple Instant Payments

Fund your account with over 15+ instant deposit methods. AUD, EUR, GBP, JPY, SGD or USD - save on conversions!


Trade via TradingView with Global Prime

Don't forget our TradingView advantage

Trade directly from charts using your TraderEvolution account - easy!