FXCM vs FXPrimus 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 FXCM vs FXPrimus.
Does FXCM or FXPrimus 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, FXCM
offers better pricing overall for traders.
Is FXCM or FXPrimus 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. FXCM holds 3 global Tier-1 licenses, while FXPrimus holds 0. FXCM holds 3 global Tier-2 licenses, while FXPrimus holds 1. In our analysis of 23 international regulators across 50 brokers, FXCM earned a higher Trust Score than FXPrimus.
Which trading platform is better: FXCM or FXPrimus?
To compare the trading platforms of both FXCM and FXPrimus, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, FXCM offers a better experience. With research, FXCM offers superior market research. Finally, we found FXCM 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 FXCM and FXPrimus offer MetaTrader 4 (MT4).FXCM and FXPrimus both offer copy trading.
How many forex pairs and CFDs are available to trade?
FXCM and FXPrimus offer traders the same number of currency pairs, [Variable A]. Forex pairs aside, FXCM offers traders access to 276 CFDs while FXPrimus has 140 available CFDs, a difference of 136.
Can I trust FXCM?
FXCM's parent company is publicly-traded, does not operate a bank, and is authorised by three tier-1 regulators (high trust), three tier-2 regulators (average trust), and zero tier-3 regulators (low trust). FXCM is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC), Financial Conduct Authority (FCA), and via Friedberg Direct, with the Investment Industry Regulatory Organization of Canada (IIROC).
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).
Is FXCM good?
For traders who appreciate advanced trading tools and quality market research, FXCM is a winner, especially for algorithmic trading. Its range of tradeable markets is fairly narrow, however, and the pricing at FXCM is just average.
Is FXPrimus good?
Overall winner: FXCM
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