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FXPrimus vs Alpari 2024

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Written by ForexBrokers.com

August 29, 2023

Is FXPrimus better than Alpari? In our analysis of 23 international regulators across 62 of the best forex brokers, FXPrimus is considered Average Risk, with an overall Trust Score of 71 out of 99. Alpari is considered High Risk, with an overall Trust Score of 68 out of 99. Learn more about Trust Score.

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Compare

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Overall Rating FXPrimus Alpari
Overall Rating info 3.5/5 Stars 3.5/5 Stars
Commissions & Fees 4/5 Stars 4/5 Stars
Offering of Investments 3.5/5 Stars 3/5 Stars
Platform & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 3/5 Stars 3/5 Stars
Education 3.5/5 Stars 3.5/5 Stars
Trust Score info 71 68
Winner check_circle
Review
Broker Screenshots FXPrimus Alpari
Trading Platforms Gallery (click to expand) info
Mobile Trading Gallery (click to expand) info
Research Gallery (click to expand) info
Education Gallery (click to expand) info
Regulation FXPrimus Alpari
Trust Score info 71 68
Year Founded info 2009 1998
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No info
Tier-1 Licenses info 1 0
Tier-2 Licenses info 0 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1
Tier-1 Licenses (Highly Trusted) FXPrimus Alpari
Australia (ASIC Authorised) info No No
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info No No
United Kingdom (U.K.) (FCA Authorised) info No No
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No info
Tier-2 Licenses (Trusted) FXPrimus Alpari
Kenya (CMA Authorised) info No No
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info No No
UAE (DFSA/Central Bank Authorised) info No No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No No
Investments FXPrimus Alpari
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 140 105
Forex Pairs (Total) info 42 46
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info No Yes
Social Trading / Copy Trading info Yes Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info Yes Yes
Disclaimers Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients).
Cost FXPrimus Alpari
Average Spread EUR/USD - Standard info N/A info N/A info
All-in Cost EUR/USD - Active info N/A info N/A info
Active Trader or VIP Discounts info No Yes
Inactivity Fee info No No
Execution: Agency Broker info No Yes
Execution: Market Maker info Yes Yes
Funding FXPrimus Alpari
Minimum Deposit info $100 $20
PayPal (Deposit/Withdraw) info No No
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info No No
Trading Platforms FXPrimus Alpari
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
cTrader info Yes No
DupliTrade info No No
ZuluTrade info No No
Trading Tools FXPrimus Alpari
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 7 7
Charting - Indicators / Studies (Total) info 30 30
Charting - Drawing Tools (Total) info 15 15
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading FXPrimus Alpari
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes Yes
Watchlist Syncing info No No
Mobile Charting - Indicators / Studies info 30 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes No
Mobile Economic Calendar info Yes Yes
Research FXPrimus Alpari
Daily Market Commentary info Yes No
Forex News (Top-Tier Sources) info No Yes
Autochartist info No Yes
Trading Central (Recognia) info No No
TipRanks info No No
Social Sentiment - Currency Pairs info No No
Economic Calendar info Yes Yes
Education FXPrimus Alpari
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes No
Client Webinars (Archived) info Yes No
Videos - Beginner Trading Videos info No Yes
Videos - Advanced Trading Videos info No No
Investor Dictionary (Glossary) info No Yes
Major Forex Pairs FXPrimus Alpari
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review
Overall FXPrimus Alpari
Overall Rating info 3.5/5 Stars 3.5/5 Stars
Commissions & Fees 4/5 Stars 4/5 Stars
Offering of Investments 3.5/5 Stars 3/5 Stars
Platform & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 3/5 Stars 3/5 Stars
Education 3.5/5 Stars 3.5/5 Stars
Trust Score info 71 68
Winner check_circle
Review
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FXPrimus vs Alpari Comparison

We’ve made it easy to compare the best forex brokers, side-by-side. Our editorial team has collected thousands of data points, written hundreds of thousands of words of research, and tested over 60 brokers to help you find the best forex brokers in the industry. Our research is unbiased and independent; learn more about how we test. That same research and data powers our broker comparisons. Let's compare FXPrimus vs Alpari.

Can I trust FXPrimus?

FXPrimus is not publicly traded, does not operate a bank, and is authorised by one Tier-1 regulator (Highly Trusted), zero Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and one Tier-4 regulator (High Risk). FXPrimus is regulated by the following Tier-1 regulator: Regulated in the European Union via the MiFID passporting system

Can I trust Alpari?

Alpari is not publicly traded and does not operate a bank. Alpari is authorised by zero Tier-1 regulators (Highly Trusted), zero Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and one Tier-4 regulator (High Risk).

Is FXPrimus good?

FX Primus is primarily regulated in Cyprus, offering the MetaTrader and cTrader platforms, and also has an off-shore entity in Vanuatu for clients outside of the EU. The main downside besides it's lack of additional top-tier licenses, is that FX Primus only offers 140 symbols, putting it at a disadvantage compared to the best forex brokers.

Is Alpari good?

Alpari is one of the first brokers to offer the MetaTrader platform glopbally before it became popular. The Alpari group of companies are regulated only in a few jurisdictions, putting the broker at a disadvantage compared to the most trusted brokers.

What is the minimum deposit requirement for opening an account with FXPrimus?

To open a trading account with FXPrimus, you'll need to make an initial minimum deposit of $100.

What is the minimum deposit requirement for opening an account with Alpari?

Alpari requires a minimum deposit of $20 before you can open an account and start trading.

What funding options does each broker offer?

It's important to make sure that your forex broker accepts the funding options and deposit methods that work best for you. Both FXPrimus and Alpari offer Visa/Mastercard (Credit/Debit), Bank Wire (Deposit/Withdraw), Skrill (Deposit/Withdraw) and Neteller (Deposit/Withdraw). Neither have PayPal (Deposit/Withdraw).

Does FXPrimus or Alpari offer lower pricing?

Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spread data, and pricing structures vary. Based on our thorough, data-driven testing of each broker's commissions and fees, we found that Alpari offers better pricing overall for traders.

Methodology: When testing each broker's commissions, fees, and pricing, we analyze multiple trade scenarios and award points based on the expansiveness (or inexpensiveness) of the broker's spreads. We then run multiple scenarios for different investor types, incorporating any miscellaneous fees, to determine an "all-in" cost per trade. Learn more about how we test.

Is FXPrimus or Alpari safer for forex and CFDs trading?

At ForexBrokers.com, we track over 110 international regulatory agencies and sort them by tiers (Tier-1, Tier-2, Tier-3, Tier-4, and Tier-5) to help you choose well-regulated, highly trusted forex brokers. Learn more about our proprietary Trust Score rating system. Based on our research on the regulatory status of over 60 brokers, we've found that FXPrimus holds 1 global Tier-1 licenses, while Alpari holds 0. Both FXPrimus and Alpari hold 0 global Tier-2 licenses.

After evaluating each broker based on their number of held licenses, years in business, and a range of other data-driven variables, we've determined that FXPrimus (71) earned a higher Trust Score than Alpari (68).

Which trading platform is better: FXPrimus or Alpari?

To compare the trading platforms of both FXPrimus and Alpari, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, FXPrimus offers a better experience. With research, Alpari offers superior market research. Finally, we found FXPrimus to provide better mobile trading apps.

Here’s what trading platforms are available at FXPrimus:

  • Proprietary Platform - Yes
  • Web Platform - Yes
  • cTrader - Yes
  • DupliTrade - No
  • MT4 - Yes
  • MT5 - Yes
  • ZuluTrade - No
  • TradingView - No

Here’s what trading platforms are available at Alpari:

  • Proprietary Platform - Yes
  • Web Platform - Yes
  • cTrader - No
  • DupliTrade - No
  • MT4 - Yes
  • MT5 - Yes
  • ZuluTrade - No
  • TradingView - No

What about MetaTrader? How about copy trading?

The MetaTrader trading platform suite is wildly popular among forex and CFD traders across the globe. Both FXPrimus and Alpari offer MetaTrader 4 (MT4). Forex traders also appreciate the ability to engage in social copy trading. FXPrimus and Alpari both offer copy trading.

What can I trade with each broker?

Alpari provides traders 46 currency pairs (e.g., EUR/USD) compared to FXPrimus's 42 available pairs. If you are interested in trading a full range of securities, FXPrimus offers traders access to 140 tradeable symbols, while Alpari offers access to 105 tradeable symbols; so FXPrimus offers 35 more tradeable symbols than Alpari.

We found in our testing that FXPrimus offers a more diverse selection of investment options than Alpari, allowing you to trade Forex Trading (Spot or CFDs), Cryptocurrency (Derivative) and Social Trading / Copy Trading. Neither have U.S. Stocks (CFD), Cryptocurrency (Physical) and Spread Betting.

Overall winner: FXPrimus

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We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.


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