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Global Prime in United Arab Emirates — review, licence and costs
Score (6 of 6 axes scored)
ranked against full-basis brokers
- Reviews25%85
- Round-turn cost20%90
- Safety20%10
- Payouts15%98.3
- Track record10%80
- Platforms10%50
Numbered by weight: axis 1 counts for most.
Who actually onboards you
- Entity that onboards United Arab Emirates residents
- Gleneagle Securities Pty Ltd
- Local standing
- Offshore only; no UAE local regulation. No specific UAE regulator alert verified at review.
- Licence as the register states it
- No SCA/CMA or DFSA licence; served via VFSC Vanuatu 40256.
- Leverage for this entity
- Offshore up to ~1:500.
- The firm behind it
- Founded 2010, Sydney; dual ASIC + Vanuatu VFSC entities.
- What we hold against it
- Good execution-transparency reputation; offshore entity for UAE = limited protection.
Leverage by entity
The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards UAE residents enters the score.
Scale from 1:10 to 1:3000, logarithmic.
Client protection
- Local entity onboards youOffshore only; no UAE local regulation. No specific UAE regulator alert verified at review.
- Regulator warning on filenone found
— means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.
Price against the UAE market median(priced from 60 of 75)
Medians run over the 60 of 75 brokers that publish a price for United Arab Emirates, never over the whole base. A spread without its commission is not a price and is not counted.
Accounts
Account types the broker names for this country: Standard, Raw/ECN, min USD 0. The figures below are the broker's own and do not differ by account in any source we captured.
Swap-free account terms
Terms read from the account page on 01.10.2026. The cap on open positions is not published.
Where Global Prime sits in the UAE base(75 brokers)
Round-turn cost, USD (60 of 75 priced)
Median 7 USD · range 2-35 · this broker 7 USD · 15 of 75 brokers do not publish it
Minimum deposit, USD (33 of 75 priced)
Median 50 USD · range 0-10000 · this broker 0 USD · 42 of 75 brokers do not publish it
Retail leverage (53 of 75 with a UAE figure)
Median 1:500 · range 1-5000 · this broker 1:500 · 22 of 75 brokers do not publish it
Withdrawal time published (75 brokers)
Payouts
Identical for every row: Deposit, h 24 · Withdrawal, h 2 · Fee, USD 0 · Min, USD 50.
Deposit and withdrawal methods (6 methods · 0 local rails)
Cards, bank wire, Skrill, Neteller, PayPal, crypto;
- Cards
- Bank wire
- Skrill
- Neteller
- PayPal
- Crypto
- Account currency
- No AED; USD, EUR, GBP, AUD, CAD, SGD.
- Fee declared
- 6 of 6 methods
- Withdrawal back to
- the funding method
Where it does not serve(18 countries)
From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.
Platforms and markets(5 platforms)
- MT4
- MT5
- TraderEvolution
- TradingView
| Class | Count | Min spread |
|---|---|---|
| MT4 | — | 0.9 |
| MT5 | — | 0.9 |
| TraderEvolution | — | 0.9 |
| TradingView | — | 0.9 |
| Forex pairs | 60 | — |
98 further account types are named by their brokers but publish none of these figures, so they are not in the comparison: Eightcap Standard, Eightcap Raw, Fusion Markets Classic account, Pepperstone Standard, Pepperstone no minimum deposit, Trade Nation Two live tiers - lower-leverage and 92 more.
Identical for every row: Leverage 500 UAE.
Reviews(1 platform · 25% of the score)
| Snapshot | Rating | Reviews |
|---|---|---|
| 02.10.2026 | 4.7 | 5, 527 |
Share of reviewers in the UAE: — The platform does not publish it.
Pros and cons(5 for and 3 against, each tied to a figure on this page)
- Min deposit 0 USD, under the United Arab Emirates median 50
- Withdrawal in 2 h, one of 65 of 75 brokers here that publish a time
- Swap-free account available
- Payouts 98 of 100, its strongest of 6 scored axes
- 4 platforms: MT4, MT5, TraderEvolution, TradingView
- No United Arab Emirates authorisation on file: the entity that onboards you is licensed elsewhere
- The published 1:500 comes from the group's offshore entity, not from the United Arab Emirates one
- Safety 10 of 100, its weakest of 6 scored axes
Alternatives in the UAE(6 of 75 scored in United Arab Emirates)
- Round turn, USD
- 6UAE
- Min deposit, USD
- 0UAE
- Leverage
- 500UAE
- Rank in this country
- #11
- Round turn, USD
- 9UAE
- Min deposit, USD
- 25 groupUAE
- Leverage
- 1000 group
- Rank in this country
- #31
- Round turn, USD
- 6UAE
- Min deposit, USD
- 10 groupUAE
- Leverage
- 3000 group
- Rank in this country
- #32
- Round turn, USD
- 9UAE
- Min deposit, USD
- 10 groupUAE
- Leverage
- 1000UAE
- Rank in this country
- #53
- Round turn, USD
- 7UAE
- Min deposit, USD
- 5 groupUAE
- Leverage
- 1000 group
- Rank in this country
- #35
- Round turn, USD
- 7UAE
- Min deposit, USD
- 10 groupUAE
- Leverage
- 200UAE
- Rank in this country
- #2
Methodology(6 axes · formula v1.0)
Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a UAE score. Full methodology
| Axis | Weight | What is measured | Global Prime |
|---|---|---|---|
| Reviews | 25% | Rating, volume and recency on one public review platform | 85 |
| Round-turn cost | 20% | Round turn on 1 lot EURUSD: spread plus commission, against the country median | 90 |
| Safety | 20% | Local authorisation, the entity that onboards you, any regulator warning | 10 |
| Payouts | 15% | Published withdrawal time, fees and the methods available in the country | 98 |
| Track record | 10% | Years since the firm was founded, from its own filings | 80 |
| Platforms | 10% | Which trading platforms the broker confirms for this country | 50 |
FAQ
- Does Global Prime accept residents of United Arab Emirates?
- No. Offshore only; no UAE local regulation. No specific UAE regulator alert verified at review. Onboarding entity: Gleneagle Securities Pty Ltd
- Is Global Prime licensed to serve clients in United Arab Emirates?
- No SCA/CMA or DFSA licence; served via VFSC Vanuatu 40256. Checked on 09.07.2026.
- How much does one round turn cost at Global Prime?
- About 7.0 USD per standard lot on EUR/USD. The median across brokers measured for United Arab Emirates is 7.0 USD.
- What leverage does Global Prime offer to retail clients in United Arab Emirates?
- Up to 1:500. leverageGeo: Offshore up to ~1:500.
- Which trading platforms does Global Prime support?
- MT4, MT5, TraderEvolution, TradingView. Instruments: 150+ markets: FX, indices, commodities, shares, crypto CFDs.
- How can I withdraw money from Global Prime in United Arab Emirates?
- Cards, bank wire, Skrill, Neteller, PayPal, crypto; no dedicated AED rail verified. Typical withdrawal time: 2.0 hours.
- What account types does Global Prime offer?
- Standard and Raw/ECN; min USD 0.
- Does Global Prime offer a swap-free (Islamic) account?
- Conditional.
Taxes for a UAE resident(1 rule)
- 0% personal income tax and 0% capital gains tax on individual trading profits (forex, stocks, crypto, derivatives) - as of the review (2026);https://globalprime.com
Not tax advice. Check with the Federal Tax Authority.