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FXPrimus vs Alpari 2022

ForexBrokers.com

Written by ForexBrokers.com

November 08, 2022

Is FXPrimus better than Alpari? In our analysis of 23 international regulators across 39 of the best forex brokers, FXPrimus is considered high-risk, with an overall Trust Score of 69 out of 99. Alpari is considered low-risk, with an overall Trust Score of 67 out of 99. Learn more about Trust Score.

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Overall RatingFXPrimusAlpariIG
Overall Rating3.5 Stars3.5 Stars5 Stars
Commissions & Fees4 Stars4 Stars5 Stars
Offering of Investments3.5 Stars3 Stars5 Stars
Platform & Tools4 Stars4 Stars5 Stars
Mobile Trading4 Stars4 Stars5 Stars
Research3 Stars3 Stars5 Stars
Education3.5 Stars3.5 Stars5 Stars
Trust Score696799
Winnercheck_circle
ReviewIG Review
RegulationFXPrimusAlpariIG
Trust Score696799
Year Founded200919981974
Publicly Traded (Listed)NoNoYes
BankNoNoYes
Tier-1 Licenses007
Tier-2 Licenses102
Tier-3 Licenses111
Authorised in European UnionYesNoYes
About RegulationA โ€œYesโ€ for any individual regulator indicates that the broker has at least one brand or entity that is licensed and/or authorized by that regulator within its group/organizational structure. Learn more about Trust Score.A โ€œYesโ€ for any individual regulator indicates that the broker has at least one brand or entity that is licensed and/or authorized by that regulator within its group/organizational structure. Learn more about Trust Score.A โ€œYesโ€ for any individual regulator indicates that the broker has at least one brand or entity that is licensed and/or authorized by that regulator within its group/organizational structure. Learn more about Trust Score.
Tier-1 Licenses (High Trust)FXPrimusAlpariIG
ASIC Authorised (Australia)NoNoYes
IIROC Authorised (Canada)NoNoNo
SFC Authorised (Hong Kong)NoNoNo
CBI Authorised (Ireland)NoNoNo
FSA Authorised (Japan)NoNoYes
MAS Authorised (Singapore)NoNoYes
FINMA Authorised (Switzerland)NoNoYes
FCA Authorised (U.K.)NoNoYes
CFTC Registered (USA)NoNoYes
FMA Authorised (New Zealand)NoNoYes
Tier-2 Licenses (Average Trust)FXPrimusAlpariIG
CBRC Authorised (China)NoNoNo
CySEC Authorised (Cyprus)YesNoNo
SEBI Authorised (India)NoNoNo
ISA Authorised (Israel)NoNoNo
CBR Authorised (Russia)NoNoNo
FSCA Authorised (South Africa)NoNoYes
SEC Authorised (Thailand)NoNoNo
DFSA / Central Bank Authorised (UAE)NoNoYes
Tier-3 Licenses (Low Trust)FXPrimusAlpariIG
SCB Authorised (Bahamas)NoNoNo
IFSC Authorised (Belize)NoNoNo
CIMA Authorised (Cayman Islands)NoNoNo
BMA Authorised (Bermuda)NoNoYes
FSC Authorised (British Virgin Islands)NoNoNo
FSC Authorised (Mauritius)NoYesNo
VFSC Authorised (Vanuatu)YesNoNo
InvestmentsFXPrimusAlpariIG
Forex Trading (Spot or CFDs)YesYesYes
Tradeable Symbols (Total)14010519537
Forex Pairs (Total)4246100
U.S. Stock Trading (Non CFD)NoNoYes
Int'l Stock Trading (Non CFD)NoYesYes
Social Trading / Copy TradingYesYesYes
Cryptocurrency (Physical)NoNoNo
Cryptocurrency (CFD)YesYesYes
DisclaimersNote: 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).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).
CostFXPrimusAlpariIG
Average Spread EUR/USD - StandardN/AN/A0.86 (September 2022)
All-in Cost EUR/USD - ActiveN/AN/A0.5957 (September 2022)
Active Trader or VIP DiscountsNoYesYes
Execution: Agency BrokerNoYesYes
Execution: Market MakerYesYesYes
FundingFXPrimusAlpariIG
Minimum Initial Deposit$100$20ยฃ250.00
PayPal (Deposit/Withdraw)NoNoYes
Skrill (Deposit/Withdraw)YesYesNo
Visa/Mastercard (Credit/Debit)YesYesYes
Bank Wire (Deposit/Withdraw)YesYesYes
Trading PlatformsFXPrimusAlpariIG
Proprietary PlatformNoYesYes
Desktop Platform (Windows)YesYesYes
Web PlatformYesYesYes
Social Trading / Copy TradingYesYesYes
MetaTrader 4 (MT4)YesYesYes
MetaTrader 5 (MT5)YesYesNo
cTraderYesNoNo
DupliTradeNoNoNo
ZuluTradeNoNoNo
Trading ToolsFXPrimusAlpariIG
Virtual Trading (Demo)YesYesYes
Alerts - Basic FieldsYesYesYes
Watchlists - Total Fields7714
Charting - Indicators / Studies (Total)303033
Charting - Drawing Tools (Total)151520
Charting - Trade From ChartYesYesYes
Charts can be savedYesYesYes
Mobile TradingFXPrimusAlpariIG
Android AppYesYesYes
Apple iOS AppYesYesYes
Mobile Alerts - Basic FieldsYesYesYes
Mobile WatchlistYesYesYes
Watchlist SyncingNoNoYes
Mobile Charting - Indicators / Studies303033
Mobile Charting - Draw TrendlinesYesYesYes
Mobile Charting - Multiple Time FramesYesYesYes
Mobile Charting - Drawings AutosaveYesNoYes
Forex CalendarYesYesYes
ResearchFXPrimusAlpariIG
Daily Market CommentaryYesNoYes
Forex News (Top-Tier Sources)NoYesYes
AutochartistNoYesYes
Trading Central (Recognia)NoNoNo
Social Sentiment - Currency PairsNoNoYes
Economic CalendarYesYesYes
EducationFXPrimusAlpariIG
Has Education - Forex or CFDsYesYesYes
Client WebinarsYesNoYes
Client Webinars (Archived)YesNoYes
Videos - Beginner Trading VideosNoYesYes
Videos - Advanced Trading VideosNoNoYes
Investor Dictionary (Glossary)NoYesYes
Major Forex PairsFXPrimusAlpariIG
GBP/USDYesYesYes
USD/JPYYesYesYes
EUR/USDYesYesYes
USD/CHFYesYesYes
USD/CADYesYesYes
NZD/USDYesYesYes
AUD/USDYesYesYes
ReviewIG Review
OverallFXPrimusAlpariIG
Overall Rating3.5 Stars3.5 Stars5 Stars
Commissions & Fees4 Stars4 Stars5 Stars
Offering of Investments3.5 Stars3 Stars5 Stars
Platform & Tools4 Stars4 Stars5 Stars
Mobile Trading4 Stars4 Stars5 Stars
Research3 Stars3 Stars5 Stars
Education3.5 Stars3.5 Stars5 Stars
Trust Score696799
Winnercheck_circle
ReviewIG Review
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FXPrimus vs Alpari Comparison

Comparing forex brokers side by side is no easy task. For our 2022 annual forex broker review, we spent hundreds of hours assessing 39 forex and CFD brokerages to find the best forex broker. Let's compare FXPrimus vs Alpari.

Does FXPrimus or Alpari offer lower pricing?

Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, IG offers better pricing overall for traders.

Is FXPrimus or Alpari safer for forex and CFDs trading?

At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. Both FXPrimus and Alpari hold 0 global Tier-1 licenses. FXPrimus holds 1 global Tier-2 licenses, while Alpari holds 0. In our analysis of 23 international regulators across 50 brokers, FXPrimus earned a higher Trust Score than Alpari.

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, IG offers a better experience. With research, IG offers superior market research. Finally, we found IG to provide better mobile trading apps.

What about MetaTrader and copy trading?

For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Both FXPrimus and Alpari offer MetaTrader 4 (MT4).FXPrimus and Alpari both offer copy trading.

How many forex pairs and CFDs are available to trade?

Alpari provides traders 46 currency pairs (e.g., EUR/USD) compared to FXPrimus's 42 available pairs. Forex pairs aside, FXPrimus offers traders access to 140 CFDs while Alpari has 105 available CFDs, a difference of 35.

Can I trust FXPrimus?

FXPrimus is not publicly traded, does not operate a bank, and is authorised by zero tier-1 regulators (high trust), one tier-2 regulator (average trust), and one tier-3 regulator (low trust).

Can I trust Alpari?

Alpari is not publicly traded and does not operate a bank. Alpari is authorised by zero tier-1 regulators (high trust), zero tier-2 regulator (average trust), and one tier-3 regulator (low trust).

Is FXPrimus good?

FXPrimus offers cTrader as well as the full MetaTrader suite, but offers less than 140 symbols that you can trade from its platform. Despite carrying indemnity insurance from its Vanuatu regulated entity and holding a regulatory license in Cyprus, FXPrimus' lack of additional top-tier licenses brings its Trust Score down.

Is Alpari good?

Alpari is one of the oldest MetaTrader brokers, and an early pioneer of social copy-trading. Best known in Eastern Europe, Alpari offers a small but growing selection of CFD markets and platform tools, but lacks regulatory licenses in top-tier jurisdictions.

Overall winner: IG

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