Compare IC Markets vs FxPrimus
What is IC Markets? What is FxPrimus?
IC Markets is an online forex and CFD broker while FxPrimus is a forex and CFD broker based in Cyprus.
IC Markets vs FxPrimus Overall Comparison
In an overall comparison, both IC Markets and FxPrimus offer competitive pricing, advanced trading platforms, and various account options. However, IC Markets is preferred by traders who prioritize low spreads and fast execution speeds, whereas FxPrimus is known for its high level of customer support.
IC Markets vs FxPrimus Regulation Comparison
IC Markets is regulated by the Australian Securities and Investments Commission (ASIC) and the Seychelles Financial Services Authority (FSA), while FxPrimus is regulated by the Cyprus Securities and Exchange Commission (CySEC).
IC Markets vs FxPrimus Trading Assets Comparison
IC Markets offers a wide range of over 230 trading assets including forex, indices, commodities, and cryptocurrencies, while FxPrimus offers over 120 trading assets in forex, indices, metals, and commodities.
IC Markets vs FxPrimus Trading Fees Comparison
IC Markets offers low spreads starting from 0.0 pips with a commission charge of $7 per standard lot traded, while FxPrimus offers variable spreads starting from 1.5 pips with no commission charge.
IC Markets vs FxPrimus Account Types Comparison
Both IC Markets and FxPrimus offer various account types including standard, Islamic, and ECN accounts. IC Markets additionally offers a Raw spread account with lower spreads and a commission charge, while FxPrimus offers a VIP account with additional features.
IC Markets vs FxPrimus Trading Conditions Comparison
IC Markets is known for its fast execution speeds and low-latency connections, making it a preferred choice for high-frequency traders. FxPrimus offers negative balance protection and a 24/5 customer support service.
IC Markets vs FxPrimus Deposit Options Comparison
Both IC Markets and FxPrimus offer a variety of deposit and withdrawal options including bank transfers, credit/debit cards, and e-wallets. However, IC Markets offers a wider range of e-wallet options.
IC Markets vs FxPrimus Trading Platforms Comparison
Both IC Markets and FxPrimus offer the popular trading platform MetaTrader 4 (MT4) and MetaTrader 5 (MT5), while IC Markets also offers cTrader platform.
IC Markets vs FxPrimus Analytical Tools Comparison
IC Markets offers a range of analytical tools including Autochartist, Myfxbook, and Trading Central, while FxPrimus offers Trading Central.
IC Markets vs FxPrimus Educational Resources Comparison
IC Markets offers educational resources including webinars, video tutorials, and trading guides, while FxPrimus offers a range of tools and resources such as market analysis and economic calendar.
Which offers better pricing – IC Markets or FxPrimus
IC Markets offers better pricing with low spreads starting from 0.0 pips and a commission charge of $7 per standard lot traded, while FxPrimus offers variable spreads starting from 1.5 pips with no commission charge.
Which broker offers more security when trading Forex and CFDs?
Both IC Markets and FxPrimus are regulated by reputable governing bodies. IC Markets is regulated by ASIC and FSA, while FxPrimus is regulated by CySEC. Both brokers offer high levels of security to clients.
Which broker offers the superior trading platform?
Both brokers offer popular trading platforms such as MetaTrader 4 and MetaTrader 5, with IC Markets additionally offering cTrader platform. The trading platform choice ultimately depends on the individual trader’s preferences.
Do these brokers both offer MetaTrader?
Yes, both IC Markets and FxPrimus offer MetaTrader platforms.
How many Forex pairs can you expect from these brokers?
IC Markets offers a wider range of over 230 forex pairs, while FxPrimus offers over 90 forex pairs.
Is it safe to trade with IC Markets?
Yes, it is safe to trade with IC Markets as it is regulated by ASIC and FSA, and has a reputation for offering competitive pricing and fast execution speeds.
Is it safe to trade with FxPrimus?
Yes, it is safe to trade with FxPrimus as it is regulated by CySEC, and offers a high level of customer support and negative balance protection.
Is IC Markets a good broker?
IC Markets is a highly rated and reputable broker that offers competitive pricing, fast execution speeds, and a range of trading instruments and platforms. It is considered to be a good broker by many traders.
Is FxPrimus a good broker?
FxPrimus is also a highly reputable broker, offering a range of account types, educational resources, and a high level of customer support. It is considered to be a good broker by many traders.
IC Markets vs FxPrimus. Which forex broker is better? Which forex broker should you choose?
The answer to this question ultimately depends on the individual trader’s specific needs and trading preferences. Both IC Markets and FxPrimus are reputable forex brokers that offer competitive pricing, a range of trading instruments, as well as multiple account types and trading platforms.
IC Markets is preferred by traders who prioritize low spreads and fast execution speeds, and it offers a wide range of over 230 trading assets including forex, indices, commodities, and cryptocurrencies. Additionally, IC Markets is regulated by ASIC and FSA, which are reputable governing bodies.
FxPrimus is known for its high level of customer support, negative balance protection, and offering a range of over 120 trading instruments. It is regulated by CySEC, which is also a reputable governing body.
Traders should consider factors such as trading fees, regulatory compliance, trading platform availability, educational resources, and customer support when choosing between IC Markets and FxPrimus. It also may be helpful to try out demo accounts or speak with customer service representatives to determine which broker is a better fit for a trader’s specific needs.
