Is Global Prime a Scam? Regulation Check 2026
We checked Global Prime's licence in the official ASIC register. Here is what the public records say.
Verdict
Global Prime is NOT a scam. It holds ASIC licence 385620, authorising it to offer trading services in New Zealand.
How to verify on the official register
| Regulator | ASIC ASIC Australian Securities and Investments Commission (ASIC) |
| Licence Number | 385620 |
| Regulated Entity | GPFM Pty Ltd |
| Founded | 2010 |
What ASIC regulation means
ASIC-regulated brokers must keep client funds in segregated accounts, provide negative balance protection, and submit to independent audits. Clients can file complaints with ASIC directly.
What ASIC regulation means for your money
- Client funds held in segregated bank accounts, separate from Global Prime's own capital
- Negative balance protection — you cannot lose more than your deposit
- Right to file complaints directly with ASIC if Global Prime fails to resolve your issue
- Global Prime submits to regular independent financial audits under ASIC oversight
Frequently Asked Questions
Is Global Prime a scam or legitimate?
Global Prime is NOT a scam. It holds ASIC licence number 385620. ASIC is one of the world's most respected financial regulators. The licence is publicly verifiable in the ASIC official register.
How do I check Global Prime's ASIC licence?
Go to the official ASIC website and use the public register search. Search for licence number 385620 or the entity name. The record will confirm Global Prime's authorisation status and the scope of its permissions.
Are my funds safe with Global Prime?
As an ASIC-regulated broker, Global Prime must keep all client funds in segregated bank accounts, completely separate from company funds. This protects your deposits even if Global Prime encounters financial difficulties.
What protection do I have as a Global Prime client in New Zealand?
In New Zealand, Global Prime operates under ASIC supervision. You are entitled to: segregated client funds, negative balance protection (you cannot lose more than you deposit), and the right to file complaints directly with ASIC.
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