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Interactive Brokers vs FXPrimus 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of Interactive Brokers vs FXPrimus, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

Interactive Brokers
5/5 Stars Overall
  • Minimum Deposit: $0
  • Trust Score: 99
  • Tradeable Symbols (Total): 8500
FXPrimus
3.5/5 Stars Overall
  • Minimum Deposit: $100
  • Trust Score: 71
  • Tradeable Symbols (Total): 140

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.

Regulation

Interactive Brokers, founded in 1977, stands out as a highly respected player in the online brokerage industry. With a perfect Trust Score of 99 out of 99 from ForexBrokers.com, it is widely considered to be a highly trusted firm. As a publicly traded company, Interactive Brokers is known for its transparency and reliability. It holds 9 Tier-1 licenses—considered the gold standard for regulatory trust—and 2 Tier-2 licenses, further cementing its status as a dependable choice for investors seeking a reputable platform.

Established in 2009, FXPrimus offers a different landscape for investors. While not publicly traded, it holds 1 Tier-1 license and has earned a Trust Score of 71, placing it in the average risk category according to ForexBrokers.com. Although FXPrimus is licensed and operates legally, its regulatory standing is less prestigious compared to Interactive Brokers. These factors contribute to a more moderate level of trust and underscore the importance of thorough research before choosing a broker that aligns with your risk tolerance and investment goals.

Feature Interactive Brokers logoInteractive Brokers
FXPrimus logoFXPrimus
Year Founded info 1977 2009
Publicly Traded (Listed) info Yes No
Bank info No No
Tier-1 Licenses info 9 1
Tier-2 Licenses info 2 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 1

Fees

Interactive Brokers stands out for commissions and fees, earning 5/5 stars and a #2 of 63 ranking from ForexBrokers.com, while FXPrimus holds 4/5 stars and ranks #43 of 63. The gap largely comes down to pricing transparency and estimated all-in costs. FXPrimus does not publish average spread data, which makes head-to-head cost comparisons harder, whereas Interactive Brokers provides detail that helps traders estimate real trading costs.

For forex at Interactive Brokers, average EUR/USD spreads during Q3 2024 were 0.19 pips, translating to about 0.59 pips all-in after commission. IBKR charges a separate commission instead of marking up spreads: per side it starts at 0.00002 of the USD trade value with a $2 minimum per order ($4 round turn), roughly 0.40 pips in commission on a $100,000 EUR/USD trade, plus the prevailing spread. Pricing aligns with $16–$40 per million round turn ($8–$20 per side), and quotes are aggregated from 17 interbank dealers. Note: IBKR Lite and IBKR Pro support forex but are not commission-free, and the $2-per-side minimum means trades below 100,000 units become proportionally more expensive.

Active traders at Interactive Brokers can qualify for lower minimum charges as monthly volumes rise (e.g., $1.50 per order above $1B in monthly forex volume, and $1 at $5B), and large orders can be handled via RFQ to reduce market impact. By contrast, FXPrimus does not provide average spread figures, so traders should check live quotes and fee disclosures to gauge real costs. Bottom line: Interactive Brokers offers clearer, often lower all-in pricing for many forex traders, while FXPrimus’ lack of published averages complicates cost comparisons.

Feature Interactive Brokers logoInteractive Brokers
FXPrimus logoFXPrimus
Minimum Deposit info $0 $100
Average Spread EUR/USD - Standard info 0.59 info N/A info
All-in Cost EUR/USD - Active info 0.65 info N/A info
Active Trader or VIP Discounts [DELETED] info
Non-wire bank transfer info Yes No
PayPal (Deposit/Withdraw) info No No
Skrill (Deposit/Withdraw) info No Yes
Visa/Mastercard (Credit/Debit) info No Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

Interactive Brokers vs FXPrimus: both support forex trading as CFDs or spot contracts, but their product lineups differ widely. Interactive Brokers lists about 8,500 tradeable symbols and 90 forex pairs, compared with roughly 140 symbols and 42 pairs at FXPrimus. Interactive Brokers also lets you buy exchange-traded securities on U.S. and international exchanges—so you can purchase actual shares like Apple or Vodafone—while FXPrimus does not offer exchange-traded stocks. For crypto, Interactive Brokers supports both actual (delivered) cryptocurrency and crypto derivatives; FXPrimus offers crypto derivatives only. FXPrimus does provide copy trading, whereas Interactive Brokers does not.

On overall range of investments, Interactive Brokers earns 5 stars and ranks #1 out of 63 brokers at ForexBrokers.com. FXPrimus receives 3.5 stars and ranks #60. In short, Interactive Brokers is built for traders who want the widest market access, while FXPrimus may appeal to those who want copy trading with a smaller set of markets.

Feature Interactive Brokers logoInteractive Brokers
FXPrimus logoFXPrimus
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 8500 140
Forex Pairs (Total) info 90 42
U.S. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes No
Social Trading / Copy Trading info No Yes
Cryptocurrency (Physical) info Yes 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).

Dive deeper: Best Copy Trading Platforms.

Trading platforms and tools

Interactive Brokers and FXPrimus both offer free paper trading demo accounts, proprietary platforms, Windows desktop software, and web-based trading. Each lets you place trades directly from charts. Key differences: FXPrimus supports copy trading and provides MetaTrader 4 (MT4) and MetaTrader 5 (MT5), while Interactive Brokers does not support copy trading or MetaTrader.

For trading platforms and tools, Interactive Brokers is rated 5 stars and ranks #3 out of 63 brokers on ForexBrokers.com, while FXPrimus is rated 4 stars and ranks #50. Pick FXPrimus if you want MT4/MT5 or copy trading; choose Interactive Brokers if you prefer a highly rated in-house platform suite available on web and desktop, with paper trading included.

Feature Interactive Brokers logoInteractive Brokers
FXPrimus logoFXPrimus
Virtual Trading (Demo) info Yes Yes
Proprietary Desktop Trading Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info No Yes
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No Yes
DupliTrade [DELETED] info
ZuluTrade [DELETED] info
Charting - Indicators / Studies (Total) info 155 30
Charting - Drawing Tools (Total) [DELETED] info
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields [DELETED] info

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

Interactive Brokers and FXPrimus both offer mobile trading apps for iPhone and Android with price alerts and real-time quote watchlists. The big difference is watchlist syncing: Interactive Brokers syncs symbols between the app and your web account, while FXPrimus does not. In industry evaluations by ForexBrokers.com, Interactive Brokers earns 5 stars and ranks #4 out of 63 for Mobile Trading Apps, whereas FXPrimus earns 4 stars and ranks #49.

For charting, Interactive Brokers packs in 97 technical studies versus 30 at FXPrimus. Both apps let you draw trendlines and switch among intraday, daily, or weekly time frames. If saving chart drawings matters, FXPrimus auto-saves them, while Interactive Brokers does not. In short, Interactive Brokers suits traders who want deeper technical indicators and synced watchlists, while FXPrimus appeals if auto-saving drawings is a priority.

Feature Interactive Brokers logoInteractive Brokers
FXPrimus logoFXPrimus
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 97 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info No Yes
Mobile Watchlist info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

Interactive Brokers and FXPrimus both provide daily market commentary and an economic calendar to track key global events. The two diverge on depth: Interactive Brokers adds premium forex news from top-tier sources (e.g., Bloomberg, Reuters, Dow Jones), Trading Central analytics, a sentiment tool showing long/short positioning, plus research from TipRanks and tools from Acuity Trading. FXPrimus does not offer top-tier news feeds, Trading Central, or a sentiment tool, and neither broker includes Autochartist. TipRanks and Acuity integrations for FXPrimus are not specified.

These differences are reflected in third-party ratings: Interactive Brokers earns 5 stars for Research and ranks #3 out of 63 brokers on ForexBrokers.com, while FXPrimus holds 3 stars and ranks #59. If you want premium news and advanced market research tools, Interactive Brokers is the stronger choice; if you only need basic commentary and a calendar, FXPrimus covers the essentials.

Feature Interactive Brokers logoInteractive Brokers
FXPrimus logoFXPrimus
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes No
Autochartist info No No
Trading Central (Recognia) info Yes No
Client sentiment data info Yes No
TipRanks info Yes
Signal Centre (Acuity Trading) info Yes
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

For beginner traders comparing education at Interactive Brokers and FXPrimus, Interactive Brokers comes out ahead. It offers at least 10 beginner-friendly trading videos and 10 advanced videos, plus monthly client webinars. That depth and consistency are reflected in its 5-star Education rating and #3 ranking out of 63 brokers by ForexBrokers.com. FXPrimus also hosts monthly educational webinars, but it does not provide 10 or more beginner or advanced videos, earning it a 3-star Education rating and a #51 ranking.

Details about dedicated forex/CFD education libraries, searchable webinar archives, and investor dictionaries aren’t specified for either broker here. If you want structured video lessons with room to grow into advanced topics, Interactive Brokers is the stronger pick. If your needs are lighter and you mainly want periodic webinars, FXPrimus may suffice.

Feature Interactive Brokers logoInteractive Brokers
FXPrimus logoFXPrimus
Education (Forex or CFDs) info
Webinars info Yes Yes
Client Webinars (Archived) [DELETED] info
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) [DELETED] info

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that Interactive Brokers is better than FXPrimus. Interactive Brokers finished with an overall rank of #2, while FXPrimus finished with an overall rank of #53.

Interactive Brokers is a highly trusted multi-asset broker with an extensive offering of tradeable global markets. It delivers competitive fees and high-quality research and education, as well as a modern, institutional-grade trading platform suite.

Feature Interactive Brokers logoInteractive Brokers
FXPrimus logoFXPrimus
Overall Rating info 5/5 Stars 3.5/5 Stars
Trust Score info 99 71
Range of Investments 5/5 Stars 3.5/5 Stars
Commissions & Fees 5/5 Stars 4/5 Stars
Platforms & Tools 5/5 Stars 4/5 Stars
Research 5/5 Stars 3/5 Stars
Mobile Trading 5/5 Stars 4/5 Stars
Education 5/5 Stars 3.5/5 Stars

FAQs

Can you trade cryptocurrency with Interactive Brokers or FXPrimus?

Interactive Brokers allows investors to purchase both actual cryptocurrency and cryptocurrency derivatives, whereas FXPrimus only provides the option to trade cryptocurrency derivatives without offering the actual cryptocurrencies.

What funding options does each broker offer?

When comparing deposit and withdrawal options between Interactive Brokers and FXPrimus, Interactive Brokers supports ACH, SEPA, and bank wire transfers but does not offer PayPal, Skrill, or card options, while FXPrimus provides Skrill, Visa/Mastercard, and bank wire options but does not support ACH, SEPA, or PayPal transactions.

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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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Overall Rating Interactive Brokers FXPrimus
Overall Rating info 5/5 Stars 3.5/5 Stars
Commissions & Fees 5/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Platforms & Tools 5/5 Stars 4/5 Stars
Mobile Trading 5/5 Stars 4/5 Stars
Research 5/5 Stars 3/5 Stars
Education 5/5 Stars 3.5/5 Stars
Trust Score info 99 71
Winner check_circle
Review Interactive Brokers Review
Broker Screenshots Interactive Brokers FXPrimus
Broker Gallery (click to expand) info
IBKR mobile watchlist. IBKR Desktop platform charts. Interactive Brokers research Traders Insight daily analysis article detail Interactive Brokers IBKR Podcast video.
Regulation Interactive Brokers FXPrimus
Trust Score info 99 71
Year Founded info 1977 2009
Publicly Traded (Listed) info Yes No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-1 Licenses info 9 1
Tier-2 Licenses info 2 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 1
Tier-1 Licenses (Highly Trusted) Interactive Brokers FXPrimus
Australia (ASIC Authorised) info Yes No
Canada (CIRO Authorised) info Yes No
Hong Kong (SFC Authorised) info Yes No
Japan (SFC Authorised) info Yes No
Singapore (MAS Authorised) info Yes No
Switzerland (FINMA Authorised) info Yes
United Kingdom (U.K.) (FCA Authorised) info Yes No
USA (CFTC Authorized) info Yes No
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-2 Licenses (Trusted) Interactive Brokers FXPrimus
Kenya (CMA Authorised) info
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info No No
UAE (DFSA, FSRA, or SCA Authorised) info Yes No
India (SEBI Authorised) info Yes No
Jordan (JSC Authorised) info
Investments Interactive Brokers FXPrimus
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 8500 140
Forex Pairs (Total) info 90 42
U.S. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes No
Social Trading / Copy Trading info No Yes
Cryptocurrency (Physical) info Yes 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 Interactive Brokers FXPrimus
Average Spread EUR/USD - Standard info 0.59 info N/A info
All-in Cost EUR/USD - Active info 0.65 info N/A info
Active Trader or VIP Discounts [DELETED] info
Inactivity Fee info No No
Execution: Agency Broker info Yes No
Execution: Market Maker info No Yes
Funding Interactive Brokers FXPrimus
Minimum Deposit info $0 $100
PayPal (Deposit/Withdraw) info No No
Skrill (Deposit/Withdraw) info No Yes
Visa/Mastercard (Credit/Debit) info No Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
Non-wire bank transfer info Yes No
Trading Platforms Interactive Brokers FXPrimus
Proprietary Desktop Trading Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info No Yes
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No Yes
cTrader info No Yes
DupliTrade [DELETED] info
ZuluTrade [DELETED] info
Trading Tools Interactive Brokers FXPrimus
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields [DELETED] info
Charting - Indicators / Studies (Total) info 155 30
Charting - Drawing Tools (Total) [DELETED] info
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading Interactive Brokers FXPrimus
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 Yes No
Mobile Charting - Indicators / Studies info 97 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info No Yes
Mobile Economic Calendar info Yes Yes
Research Interactive Brokers FXPrimus
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes No
Autochartist info No No
Trading Central (Recognia) info Yes No
TipRanks info Yes
Client sentiment data info Yes No
Economic Calendar info Yes Yes
Education Interactive Brokers FXPrimus
Education (Forex or CFDs) info
Webinars info Yes Yes
Client Webinars (Archived) [DELETED] info
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) [DELETED] info
Major Forex Pairs Interactive Brokers FXPrimus
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 Interactive Brokers Review
Overall Interactive Brokers FXPrimus
Overall Rating info 5/5 Stars 3.5/5 Stars
Commissions & Fees 5/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Platforms & Tools 5/5 Stars 4/5 Stars
Mobile Trading 5/5 Stars 4/5 Stars
Research 5/5 Stars 3/5 Stars
Education 5/5 Stars 3.5/5 Stars
Trust Score info 99 71
Winner check_circle
Review Interactive Brokers Review
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