Written by ForexBrokers.com
In this head to head comparison of FOREX.com vs FXPrimus, 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.
FOREX.com, established in 1999, stands out in the world of online brokers with its strong reputation. The company is publicly traded, adding an extra layer of transparency for traders. With seven Tier-1 licenses, FOREX.com commands a Trust Score of 99 out of 99 according to ForexBrokers.com, earning it the distinction of being highly trusted. Though it isn't a bank, its extensive regulatory credentials provide a secure platform for users.
FXPrimus, on the other hand, was founded in 2009 and maintains a presence in the trading community with a Trust Score of 71, which classifies it as an average risk by ForexBrokers.com standards. Unlike FOREX.com, FXPrimus is not publicly traded and holds just one Tier-1 license. Both brokers are not banks, yet FOREX.com's advanced regulatory framework offers an edge in terms of trust and transparency compared to FXPrimus.
| Feature |
FOREX.com
|
FXPrimus
|
|---|---|---|
| Year Founded | 1999 | 2009 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 7 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
FOREX.com and FXPrimus offer different approaches when it comes to commissions and fees, tailored towards distinct trading needs. FOREX.com, lauded as one of the top market maker brokers, presents a range of account types and execution methods along with clear execution statistics. However, FOREX.com may not be the most cost-effective option, particularly for U.S. traders. Their Standard account, suited for MetaTrader users, has average spreads at 1.4 pips for EUR/USD, which is above the industry average. The RAW Spread account, on the other hand, offers lower spreads starting at 0.13 pips but incorporates a commission per trade, making it beneficial for high-volume traders. This account also offers attractive rebates for active traders, but these benefits scale with trading volume. FOREX.com is rated 4.5 stars by ForexBrokers.com, ranked 13th out of 63 brokers for commissions and fees.
FXPrimus does not provide specific average spread data, making a direct cost comparison to FOREX.com challenging. Although the specifics of FXPrimus' spread costs are not disclosed, its commission and fee structure earns it a 4-star rating. FXPrimus ranks 42nd out of 63 brokers on ForexBrokers.com in the Commissions and Fees category, indicating it is less competitive compared to FOREX.com in this aspect. While FXPrimus might suit traders who prefer straightforward fee structures without specified spreads, the lack of detailed cost metrics could be limiting for those who prefer clear pricing information.
Overall, when comparing the two brokers for commissions and fees, FOREX.com may cater better to high-volume traders through its RAW Spread account and volume-based rebates, despite potentially higher costs for U.S. traders using the Standard account. In contrast, FXPrimus might appeal to traders who prioritize simplicity over detailed cost breakdowns. Choosing between these brokers should depend not just on the cost structures but also on individual trading preferences and needs.
| Feature |
FOREX.com
|
FXPrimus
|
|---|---|---|
| Minimum Deposit | $100 | $100 |
| Average Spread EUR/USD - Standard | 1.4 | N/A |
| All-in Cost EUR/USD - Active | 0.9 | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | No | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When considering the range of investments offered by online brokers, FOREX.com and FXPrimus present distinct options for traders. FOREX.com shines with an extensive selection of 5,500 tradeable symbols, including 80 forex pairs, catering to both novice and seasoned traders. However, it doesn't offer exchange-traded securities on U.S. or international exchanges for direct purchases, focusing instead on contracts for difference (CFDs) including forex and cryptocurrency derivatives. On the other hand, FXPrimus provides access to 140 tradeable symbols and 42 forex pairs. Like FOREX.com, it also enables forex trading as both a CFD or spot contract and allows trading in cryptocurrency derivatives, but does not deal in actual cryptocurrencies or direct exchange-traded securities.
In terms of value based on range of investments, FOREX.com stands out with a 5-star rating and ranks 7th out of 63 brokers according to ForexBrokers.com. This high rating reflects its broad spectrum of tradeable options that cater to diverse trading strategies and needs. FXPrimus, with a 3.5-star rating and a ranking of 59th, offers a more limited selection in comparison. However, it distinguishes itself by offering copy trading, a feature that could be attractive to those looking to mirror the strategies of experienced traders. While both platforms have their unique strengths, FOREX.com offers a significantly broader array of tradeable assets, making it a strong choice for those seeking extensive investment options.
| Feature |
FOREX.com
|
FXPrimus
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 140 |
| Forex Pairs (Total) | 80 | 42 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | No | 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 FOREX.com and FXPrimus, both brokers provide users with diverse and comprehensive options. Each offers simulated trading through a free virtual demo account, allowing traders to practice their strategies without any financial risk. They both have proprietary platforms developed in-house, alongside support for popular platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Both brokers offer trading platforms that are accessible via Windows desktop downloads and web browsers. However, a noticeable difference is in copy trading, where FXPrimus extends this feature, but FOREX.com does not.
Charting and customization features display another contrast between the two brokers. FOREX.com provides an extensive range of charting tools, including 239 drawing tools and the capability to add up to 20 columns in watch lists, enhancing the analytical experience for traders. Conversely, FXPrimus offers only 15 drawing tools and supports 7 columns for watch lists. Despite these differences, both platforms allow direct trading from stock charts. Reflecting these characteristics, FOREX.com receives a higher rating of 5 stars compared to FXPrimus's 4 stars in the trading platforms and tools category; they are respectively ranked #7 and #49 out of 63 brokers by ForexBrokers.com.
| Feature |
FOREX.com
|
FXPrimus
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 88 | 30 |
| Charting - Drawing Tools (Total) | 239 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 20 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both FOREX.com and FXPrimus offer comprehensive mobile trading apps available for iOS and Android devices. On both platforms, traders can set up stock or forex price alerts and enjoy the flexibility of drawing trendlines on charts and viewing multiple time frames, such as daily, weekly, or intraday. The apps also auto-save any drawings made on the charts and allow users to create watchlists with real-time quotes, enhancing the user experience across the board.
However, when diving into features like charting capabilities, FOREX.com takes a clear lead, offering 88 technical studies compared to FXPrimus’ 30. Additionally, FOREX.com stands out with watchlist symbol syncing, ensuring that any changes made to watchlists synchronize seamlessly between the app and the online account, a feature that FXPrimus lacks. This difference in features is reflected in their ratings: FOREX.com is rated 5 stars for its mobile trading app and ranks 3rd out of 63 brokers on ForexBrokers.com, while FXPrimus holds a 4-star rating and ranks 48th.
| Feature |
FOREX.com
|
FXPrimus
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 88 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing the market research offerings of FOREX.com and FXPrimus, both brokers provide daily market commentary to keep traders informed about market trends. However, while FOREX.com delivers forex news from top-tier sources like Bloomberg, Reuters, and Dow Jones, FXPrimus does not offer news from these prominent providers. FOREX.com further enhances its research tools with resources from Trading Central, such as Technical Analytics, and provides a sentiment-based trading tool to illustrate long or short positions across currency pairs. Unfortunately, FXPrimus lacks similar tools and support from Trading Central, putting it at a disadvantage in this area.
Both brokers offer an economic calendar to track current and upcoming global news events, which is a valuable tool for traders. Nonetheless, FOREX.com outshines FXPrimus in comprehensive market research options, earning a 4.5-star rating compared to FXPrimus's 3-star rating. This distinction is reflected in their rankings by ForexBrokers.com, where FOREX.com is positioned at #9 out of 63 brokers in the Research category, while FXPrimus trails significantly at #58. For traders looking for in-depth market insights and advanced research tools, FOREX.com provides a more complete package compared to FXPrimus.
| Feature |
FOREX.com
|
FXPrimus
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational offerings of FOREX.com and FXPrimus, beginners interested in learning more about forex and CFDs will find distinct differences between the two brokers. Both platforms provide a variety of educational materials such as articles, videos, and archived webinars, meeting the minimum requirement of 10 pieces focusing on forex or CFDs. Each also hosts at least one online educational webinar per month and offers a searchable archive of recorded webinars. However, FOREX.com distinguishes itself by offering over 10 beginner-friendly educational videos specifically tailored to novice traders, whereas FXPrimus lacks this particular resource.
Further setting FOREX.com apart is its collection of more than 10 advanced educational videos targeting experienced traders, in addition to a comprehensive investor dictionary with definitions for over 50 investing terms. In contrast, FXPrimus does not provide these advanced learning opportunities or a detailed investor dictionary. Reflecting these differences, FOREX.com is rated 4.5 out of 5 stars for education, ranking 4th out of 63 brokers. Meanwhile, FXPrimus earns a 3-star rating and ranks 51st, indicating a significant gap in educational quality and accessibility for those new to trading.
| Feature |
FOREX.com
|
FXPrimus
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that FOREX.com is better than FXPrimus. FOREX.com finished with an overall rank of #5, while FXPrimus finished with an overall rank of #53.
FOREX.com is a trusted brand that delivers an excellent trading experience for forex and CFDs traders across the globe. It offers a wide range of markets and provides an impressive suite of proprietary platforms – alongside limited access to MetaTrader.
| Feature |
FOREX.com
|
FXPrimus
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 99 | 71 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
Both FOREX.com and FXPrimus do not offer the ability to buy actual delivered cryptocurrency, but they do provide options to trade cryptocurrency derivatives.
FOREX.com and FXPrimus differ in their deposit and withdrawal options, with FOREX.com supporting ACH, SEPA, PayPal, Visa, Mastercard, and bank wires, while FXPrimus offers Visa, Mastercard, bank wires, and Skrill but lacks support for ACH, SEPA, and PayPal transfers.
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | FOREX.com | FXPrimus | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 99 | 71 | |
| Winner | check_circle | ||
| Review | FOREX.com Review |
| Broker Screenshots | FOREX.com | FXPrimus | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) |
| ||
| Mobile Trading Gallery (click to expand) |
| ||
| Research Gallery (click to expand) |
| ||
| Education Gallery (click to expand) |
|
| Regulation | FOREX.com | FXPrimus | |
|---|---|---|---|
| Trust Score | 99 | 71 | |
| Year Founded | 1999 | 2009 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 7 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | FOREX.com | FXPrimus | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | Yes | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | Yes | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | FOREX.com | FXPrimus | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | FOREX.com | FXPrimus | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5500 | 140 | |
| Forex Pairs (Total) | 80 | 42 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | No | 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 | FOREX.com | FXPrimus | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.4 | N/A | |
| All-in Cost EUR/USD - Active | 0.9 | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | FOREX.com | FXPrimus | |
|---|---|---|---|
| Minimum Deposit | $100 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | FOREX.com | FXPrimus | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | Yes | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | FOREX.com | FXPrimus | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 20 | 7 | |
| Charting - Indicators / Studies (Total) | 88 | 30 | |
| Charting - Drawing Tools (Total) | 239 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FOREX.com | FXPrimus | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 88 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | FOREX.com | FXPrimus | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | FOREX.com | FXPrimus | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | FOREX.com | FXPrimus | |
|---|---|---|---|
| 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 | FOREX.com Review |
| Overall | FOREX.com | FXPrimus | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 99 | 71 | |
| Winner | check_circle | ||
| Review | FOREX.com Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill