Written by ForexBrokers.com
In this head to head comparison of FXPrimus vs Alpari, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FXPrimus, established in 2009, and Alpari, founded in 1998, are both online forex brokers that cater to traders worldwide. Neither of the two is publicly traded or operates as a bank. When it comes to the level of trust, FXPrimus holds a slight advantage with a Trust Score of 71 out of 99 according to ForexBrokers.com, indicating an average risk compared to Alpari's score of 68, which suggests a high risk. FXPrimus also holds a Tier-1 license, making it a more secure choice than Alpari, which lacks any Tier-1 licenses.
While both brokers start with decades of experience in the trading sector, FXPrimus's regulatory standing may offer prospective clients peace of mind with its recognition by top-tier authorities. In contrast, Alpari falls short in this aspect, underscoring the importance of understanding a broker's regulatory framework when making investment choices. Despite their long-established presence in the market, these regulatory differences highlight where FXPrimus and Alpari stand in the realm of trader trust and safety.
| Feature |
FXPrimus
|
Alpari
|
|---|---|---|
| Year Founded | 2009 | 1998 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 0 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing online brokers FXPrimus and Alpari, both receive a commendable rating of 4 out of 5 stars for their commissions and fees, suggesting that each offers a competitive pricing structure. However, detailed average spread data for both brokers is currently not available, which means prospective traders might want to explore further to grasp a complete understanding of cost structures.
Despite their equal star ratings for commissions and fees, Alpari edges slightly ahead of FXPrimus in rankings compiled by ForexBrokers.com. Out of 63 evaluated brokers, Alpari is positioned at #41, while FXPrimus follows closely at #42. This slight ranking difference may indicate a marginal advantage in fees or pricing transparency for Alpari over FXPrimus, though both brokers are well-regarded overall in this category.
The competition between these two brokers highlights that small distinctions can influence trader decisions, making it crucial to consider other factors like services, platform usability, and customer support, alongside just the rankings and ratings for commissions and fees.
| Feature |
FXPrimus
|
Alpari
|
|---|---|---|
| Minimum Deposit | $100 | $20 |
| Average Spread EUR/USD - Standard | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
FXPrimus and Alpari both offer forex trading through CFDs or spot contracts, providing flexibility for traders looking to delve into currency markets. While FXPrimus boasts a broader selection of 140 tradeable symbols compared to Alpari's 105, Alpari slightly edges out FXPrimus with 46 tradeable forex pairs against FXPrimus's 42. Neither broker provides the option to purchase exchange-traded securities on U.S. exchanges, while Alpari uniquely offers the ability to buy shares on certain international exchanges.
Both brokers support copy trading, allowing users to mirror the trades of experienced investors, and offer the chance to trade cryptocurrency derivatives, though they don't provide the option to purchase actual cryptocurrencies. In terms of ratings, FXPrimus slightly outperforms Alpari with a 3.5-star rating compared to Alpari's 3-star rating for their range of investments. Moreover, FXPrimus ranks #59 out of 63 brokers in the Range of Investments category on ForexBrokers.com, while Alpari ranks #63, indicating room for improvement for both brokers in this area.
| Feature |
FXPrimus
|
Alpari
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 140 | 105 |
| Forex Pairs (Total) | 42 | 46 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | 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). |
Dive deeper: Best Copy Trading Platforms.
When comparing the trading platforms and tools of FXPrimus and Alpari, both online brokers stand out by offering a wide range of features that cater to both new and experienced traders. Each broker provides a free virtual demo account, enabling traders to practice their strategies risk-free. Both also offer proprietary platforms developed in-house, in addition to supporting the popular MetaTrader 4 and MetaTrader 5 platforms. For those preferring flexibility, both brokers offer Windows-based desktop downloads as well as web-based trading platforms accessible via a browser. Both brokers include functionality such as copy trading, the ability to trade directly from charts, and they provide a variety of drawing tools, 15 in fact, to assist traders in conducting technical analysis. However, neither broker offers DupliTrade or ZuluTrade integrations at this time.
FXPrimus and Alpari have structured their trading tools with user-friendly capabilities, like seven columns for customizing watch lists. According to ForexBrokers.com, FXPrimus receives a 4-star rating for its trading platforms and tools, ranking #49 out of 63 brokers. Similarly, Alpari shares the same 4-star rating but ranks slightly lower at #55. Despite these minor differences in rankings, both brokerages offer comprehensive features that support a versatile trading experience across multiple devices, making them suitable choices depending on personal preferences and specific trading needs.
| Feature |
FXPrimus
|
Alpari
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Drawing Tools (Total) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of FXPrimus and Alpari, you'll find that both brokers cater well to users on both iPhone and Android platforms. They provide essential features like stock and forex price alerts and the ability to create real-time watchlists. Their mobile apps allow you to draw trendlines on charts and offer a selection of 30 technical studies, enhancing your charting experience across various time frames, such as daily, weekly, or intraday views. However, a difference in charting functionalities arises with the auto-saving of drawings; FXPrimus offers this feature, whereas Alpari does not. Additionally, neither broker supports watchlist symbol syncing with their online accounts, a factor to consider if seamless cross-platform access is crucial for you.
Both apps received a solid four-star rating for their mobile trading experience, though they are ranked differently by ForexBrokers.com: FXPrimus comes in at #48 out of 63 brokers, while Alpari is ranked at #56. These rankings might reflect slight differences in user preference and available features. Ultimately, both FXPrimus and Alpari deliver reliable mobile trading experiences, but FXPrimus edges out slightly with a higher rank and added capability of saving chart drawings.
| Feature |
FXPrimus
|
Alpari
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing the market research offerings of FXPrimus and Alpari, it's evident that each has its strengths and limitations. FXPrimus provides daily market commentary and access to an economic calendar to keep traders informed about global events, yet it falls short when delivering forex news from top-tier providers like Bloomberg or Reuters. On the other hand, Alpari stands out by offering forex news from renowned sources, ensuring traders have access to the latest developments. Moreover, Alpari supports its users with research tools from Autochartist, enhancing the technical analysis experience—a feature FXPrimus lacks.
Despite these differences, both brokers share common ground in certain areas. Neither FXPrimus nor Alpari provides sentiment-based trading tools, tools from Trading Central, or market research from TipRanks and Acuity Trading. Each broker also offers an economic calendar, though their overall research offerings have received modest ratings of three stars from ForexBrokers.com. In terms of rankings, FXPrimus and Alpari hold positions #58 and #57 respectively out of 63 brokers, indicating a near-parity in their research capabilities.
| Feature |
FXPrimus
|
Alpari
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | No | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When considering the educational resources available for beginners, both FXPrimus and Alpari offer a solid foundation with over ten educational pieces focused on forex and CFDs. However, their approaches to online learning differ in key areas. FXPrimus conducts at least one live educational webinar each month and provides a searchable archive of recorded sessions, making it a practical choice for those who prefer live or on-demand learning experiences. On the other hand, Alpari does not offer these live sessions or archives but makes up for it by providing over ten instructional videos tailored to beginners, an advantage for those who wish to engage with content at their own pace.
Beginners looking for video-based learning will find Alpari appealing, particularly because it includes an investor dictionary with definitions of at least 50 investing terms, which is a helpful resource for grasping financial concepts. In contrast, FXPrimus does not offer an investor dictionary. While the educational offerings of both brokers have room for growth in advanced video content and other areas, they each earn a rating of three out of five stars for education, with FXPrimus ranking 51st and Alpari slightly ahead at 48th among 63 brokers evaluated by ForexBrokers.com.
| Feature |
FXPrimus
|
Alpari
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | No | Yes |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that FXPrimus is better than Alpari. FXPrimus finished with an overall rank of #53, while Alpari finished with an overall rank of #58.
FXPRIMUS 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 its lack of additional top-tier licenses, is that FXPRIMUS only offers 140 symbols, putting it at a disadvantage compared to the best forex brokers.
| Feature |
FXPrimus
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Alpari
|
|---|---|---|
| Overall Rating |
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| Trust Score | 71 | 68 |
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Both FXPrimus and Alpari do not offer the ability to buy actual (delivered) cryptocurrency, but they do provide options for trading cryptocurrency derivatives.
Both FXPrimus and Alpari provide similar options for depositing and withdrawing funds, as they do not support ACH, SEPA, or PayPal, but they do offer transactions through Skrill, Visa, Mastercard, and bank wires.
Please note:
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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0 of 5| Overall Rating | FXPrimus | Alpari | |
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| Trust Score | 71 | 68 | |
| Winner | check_circle | ||
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| Broker Screenshots | FXPrimus | Alpari | |
|---|---|---|---|
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| Regulation | FXPrimus | Alpari | |
|---|---|---|---|
| Trust Score | 71 | 68 | |
| Year Founded | 2009 | 1998 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 1 | 0 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | FXPrimus | Alpari | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | No | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | FXPrimus | Alpari | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | FXPrimus | Alpari | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 140 | 105 | |
| Forex Pairs (Total) | 42 | 46 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | 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 | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | FXPrimus | Alpari | |
|---|---|---|---|
| Minimum Deposit | $100 | $20 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | FXPrimus | Alpari | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | Yes | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | FXPrimus | Alpari | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FXPrimus | Alpari | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | FXPrimus | Alpari | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | FXPrimus | Alpari | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | No | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | FXPrimus | Alpari | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review |
| Overall | FXPrimus | Alpari | |
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| Trust Score | 71 | 68 | |
| Winner | check_circle | ||
| Review |
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