Global Prime vs Daniels Trading

Global Prime or Daniels Trading – which is better for UK traders 2024? Compare Global Prime and Daniels Trading in this detailed breakdown of their platforms, features and fees.

Global Prime vs Daniels Trading Comparison Table 2024
Global Prime Daniels Trading
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3.8
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2.8
Global Prime is ranked #68 among CFD brokers. Daniels Trading is ranked #117 among UK brokers.
Global Prime is a multi-regulated trading broker offering 150+ markets. Traders can get started with a $200 minimum deposit and trade with leverage up to 1:100. The firm also has a high trust score and a good reputation with a license from the ASIC. Daniels Trading was established in 1995 by renowned commodities trader, Andy Daniels, and is a division of the StoneX Group. The broker specializes in personalised futures trading, with access to 36 derivatives exchanges and 175 foreign exchange markets, among others.
Pros
  • Full range of investments with 150+ assets including crypto
  • Low latency with execution speeds from 10ms
  • Wide range of deposit options with zero fees
  • Segregated client funds
  • 24/7 customer support
  • $0 minimum deposit
  • Trade receipts
  • ECN account
  • VPS
  • A wide range of account types supports both hands-on and hands-off trading strategies and I like that the broker offers comprehensive advice, automation and management services for both
  • Experienced investors should be pleased that leverage rates can be negotiated on an individual basis, ensuring that strategies can be optimised without taking on excessive risk
  • I'm impressed with the variety of exotic futures products at Daniels Trading, including rare soft commodities and interest rate futures
  • The broker is authorised and regulated by the Commodity Futures Trading Commission (CFTC), a respected US regulator
  • The usability and client focus of the proprietary DT Pro trading platform is also a major advantage for me
Cons
  • Clients from US and Canada are not accepted
  • Narrow range of account options
  • No MetaTrader 5 integration
  • Almost all withdrawals are subject to a fee of at least $25 per request, which is relatively high compared to other brands
  • Daniels Trading is not really designed for beginners, with reasonably high fees and a minimum deposit of $2,000
  • I would prefer to see a greater range of asset types from the firm, not just futures products
FCA Regulated
No

List of FCA Regulated Brokers

No

List of FCA Regulated Brokers

Instruments
Forex, indices, commodities, cryptocurrencies, shares, bonds Forex, indices, commodities, futures, interest rates
Demo Account
Yes Yes
Minimum Deposit
A$200 $2000
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
ASIC, VFSC, FSA National Futures Association (NFA)
Mobile Apps
iOS & Android Yes
iOS App Rating
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Android App Rating
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Margin Trading
Yes No
MetaTrader 4
Yes No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
Yes No
Autochartist
Yes No
eSignal
No Yes
Trading Central
No No
STP Account
Yes No
ECN Account
Yes No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
Yes No
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Auto Trading
Yes Yes
Copy Trading
Yes No
Copy Trading Platform
Interact with and copy the trades of experienced investors with Global Prime's exclusive copy trading service. Over 40 different setups can be copied on the popular Myfxbook Autotrade platform.
Social Trading
Yes No
Trade Signals
Yes
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • SGD
Commodities
  • Gold
  • Copper
  • Oil
  • Gold
  • Silver
  • Natural Gas
  • Soybeans
CFD
Global Prime offers CFD trading opportunities on 150+ global markets including forex, indices, commodities, cryptocurrencies and bonds. Spreads are tight with a raw ECN account available starting from zero. Start trading online leveraged CFDs on the financial markets.
Leverage
1:200
FTSE Spread
0.84 Floating
GBPUSD Spread<
0.64 Floating
Oil Spread
1.6 Floating
Stocks Spread
Variable Floating
Forex
Global Prime traders can access 48 forex pairs including majors, minors and exotics with tight spreads from 0.9 with no commission or from 0 with a $7 round turn. Forex is traded via the leading MT4 platform, micro lots are available and latency is low via a New York-based server. My tests found that you can use either of the intuitive proprietary charting platforms at Daniels Trading to analyse and speculate upon 14 currency futures products, alongside several more e-mini futures.
Assets
48 14
GBPUSD Spread
0.75 Floating
EURUSD Spread
0.16 Floating
EURGBP Spread
0.85 Floating
Cryptocurrency
Global Prime crypto CFDs cover a good range of 35 tokens with impressive commissions of 0.1% and leverage available in some jurisdictions. The tokens include Bitcoin, Ethereum and other popular choices as well as smaller tokens like Sandbox and Avalanche.
Spread
Floating
Coins
  • BTC
  • BCH
  • LTC
  • ETH
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Global Prime Daniels Trading
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