Compare FxPrimus vs Forex.com
What is FxPrimus? What is Forex.com?
FxPrimus is a forex broker that offers trading services in over 140 instruments, including forex, metals, energies, indices, and cryptocurrencies. FxPrimus claims to be one of the safest brokers in the world, with multiple layers of protection for its clients’ funds.
Forex.com is a forex broker that offers trading services in over 5500 instruments, including forex, indices, shares, commodities, and cryptocurrencies. Forex.com is a global market leader in forex trading, with over 20 years of experience and a network of regulated entities across the world.
FxPrimus vs Forex.com Regulation Comparison
FxPrimus is regulated by one Tier-1 authority, the Cyprus Securities and Exchange Commission (CySEC), and one Tier-3 authority, the Vanuatu Financial Services Commission (VFSC). FxPrimus also holds an insurance policy from Lloyd’s of London that covers up to €2.5 million per client.
Forex.com is regulated by seven Tier-1 authorities, including the U.S. Commodity Futures Trading Commission (CFTC), the U.K. Financial Conduct Authority (FCA), and the Australian Securities and Investments Commission (ASIC). Forex.com also holds client funds in segregated accounts at top-tier banks.
FxPrimus vs Forex.com Trading Assets Comparison
FxPrimus offers trading in 42 forex pairs, 10 metals, 3 energies, 9 indices, and 76 cryptocurrencies. FxPrimus also offers social trading and copy trading services through its partnership with ZuluTrade.
Forex.com offers trading in 91 forex pairs, 15 metals, 10 energies, 22 indices, 4500+ shares, and 10 cryptocurrencies. Forex.com also offers exclusive access to its proprietary Advanced Trading Platform and Web Trading Platform.
FxPrimus vs Forex.com Trading Fees Comparison
FxPrimus charges variable spreads on its Standard account, starting from 1.6 pips on EUR/USD. FxPrimus also charges commissions on its Premium account, starting from $10 per lot on EUR/USD. FxPrimus does not charge any deposit or withdrawal fees.
Forex.com charges variable spreads on its Standard account, starting from 1.0 pips on EUR/USD. Forex.com also charges commissions on its Commission account, starting from $5 per lot on EUR/USD. Forex.com does not charge any deposit fees, but may charge withdrawal fees depending on the method and amount.
FxPrimus vs Forex.com Account Types Comparison
FxPrimus offers three types of accounts: Standard, Premium, and VIP. The minimum deposit for the Standard account is $1000, for the Premium account is $2500, and for the VIP account is $10,000. The maximum leverage for all accounts is 1:1000.
Forex.com offers two types of accounts: Standard and Commission. The minimum deposit for both accounts is $100 or equivalent in other currencies. The maximum leverage for both accounts is 1:50 for U.S. clients and up to 1:500 for non-U.S. clients depending on the jurisdiction.
FxPrimus vs Forex.com Deposit Options Comparison
FxPrimus accepts various deposit and withdrawal methods, including credit/debit cards, bank wire transfers, e-wallets (such as Skrill, Neteller, ecoPayz), and cryptocurrencies (such as Bitcoin, Ethereum). The processing time for deposits is instant or up to one business day depending on the method. The processing time for withdrawals is up to two business days depending on the method.
Forex.com accepts various deposit and withdrawal methods, including credit/debit cards, bank wire transfers, e-checks (for U.S. clients only), and e-wallets (such as PayPal). The processing time for deposits is instant or up to one business day depending on the method. The processing time for withdrawals is up to two business days depending on the method.
FxPrimus vs Forex.com Trading Platforms Comparison
FxPrimus supports the MetaTrader 4 (MT4) platform for desktop, web, and mobile devices. MT4 is a popular and user-friendly platform that offers advanced charting, technical analysis, automated trading, and customization options. FxPrimus also offers the Primus WebTrader platform, which is a web-based platform that allows trading directly from the browser without any downloads.
Forex.com supports the MetaTrader 4 (MT4) platform for desktop, web, and mobile devices. MT4 is a popular and user-friendly platform that offers advanced charting, technical analysis, automated trading, and customization options. Forex.com also offers its own proprietary platforms: the Advanced Trading Platform and the Web Trading Platform. The Advanced Trading Platform is a desktop-based platform that offers powerful trading tools, integrated news, and market analysis. The Web Trading Platform is a web-based platform that offers intuitive trading features, customizable layouts, and integrated trading signals.
FxPrimus vs Forex.com Analytical Tools Comparison
FxPrimus provides various analytical tools for its clients, such as daily market outlooks, economic calendars, trading signals, webinars, and educational videos. FxPrimus also offers a personal account manager and a 24/5 customer support service for its clients.
Forex.com provides various analytical tools for its clients, such as daily market insights, economic calendars, trading signals, webinars, and educational articles. Forex.com also offers a dedicated market strategist and a 24/7 customer support service for its clients.
FxPrimus vs Forex.com. Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker is a personal decision that depends on your trading style, goals, and preferences. There is no definitive answer to which broker is better, as both FxPrimus and Forex.com have their own strengths and weaknesses. However, here are some possible factors that you may want to consider:
- If you are looking for a broker with more regulation and security, you may prefer Forex.com, as it is regulated by seven Tier-1 authorities and holds client funds in segregated accounts at top-tier banks. FxPrimus is only regulated by one Tier-1 authority and one Tier-3 authority, and relies on an insurance policy from Lloyd’s of London to protect its clients’ funds.
- If you are looking for a broker with more trading assets and diversity, you may prefer Forex.com, as it offers trading in over 5500 instruments, including forex, indices, shares, commodities, and cryptocurrencies. FxPrimus offers trading in over 140 instruments, mainly focusing on forex, metals, energies, indices, and cryptocurrencies.
- If you are looking for a broker with lower trading fees and costs, you may prefer FxPrimus or Forex.com depending on the type of account you choose. FxPrimus charges variable spreads on its Standard account, starting from 1.6 pips on EUR/USD, and commissions on its Premium account, starting from $10 per lot on EUR/USD. Forex.com charges variable spreads on its Standard account, starting from 1.0 pips on EUR/USD, and commissions on its Commission account, starting from $5 per lot on EUR/USD. Both brokers do not charge any deposit or withdrawal fees.
- If you are looking for a broker with more account types and options, you may prefer FxPrimus or Forex.com depending on your trading capital and leverage needs. FxPrimus offers three types of accounts: Standard, Premium, and VIP. The minimum deposit for the Standard account is $1000, for the Premium account is $2500, and for the VIP account is $10,000. The maximum leverage for all accounts is 1:1000. Forex.com offers two types of accounts: Standard and Commission. The minimum deposit for both accounts is $100 or equivalent in other currencies. The maximum leverage for both accounts is 1:50 for U.S. clients and up to 1:500 for non-U.S. clients depending on the jurisdiction.
- If you are looking for a broker with more trading platforms and features, you may prefer Forex.com or FxPrimus depending on your preference for MetaTrader 4 or proprietary platforms. Both brokers support the MetaTrader 4 platform for desktop, web, and mobile devices. Forex.com also offers its own proprietary platforms: the Advanced Trading Platform and the Web Trading Platform. FxPrimus also offers the Primus WebTrader platform.
- If you are looking for a broker with more analytical tools and support services, you may prefer FxPrimus or Forex.com depending on your preference for market outlooks or market insights. Both brokers provide various analytical tools for their clients, such as economic calendars, trading signals, webinars, and educational resources. FxPrimus also offers a personal account manager and a 24/5 customer support service for its clients. Forex.com also offers a dedicated market strategist and a 24/7 customer support service for its clients.
Ultimately, the best way to decide which broker is better for you is to try them out yourself by opening a demo account or a live account with a small amount of money. You can then test their platforms, services, and performance before committing to a larger investment.
