Written by ForexBrokers.com
In this head to head comparison of FXPrimus vs TopFX, 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 and TopFX are both online brokerage firms, each with its unique features and regulatory standing. Founded in 2009, FXPrimus holds a single Tier-1 license, reflecting a rating that falls within the average risk category with a Trust Score of 71 according to ForexBrokers.com. Meanwhile, TopFX, established in 2010, also operates with one Tier-1 license and has a slightly lower Trust Score of 67, placing it in the high-risk category. Neither company is publicly traded nor functions as a bank, indicating a similar corporate structure and operational model.
Both FXPrimus and TopFX lack Tier-2 licenses, which are a sign of trust in the industry. This absence may influence potential investors or traders looking for more secure regulatory backing. However, with their respective licenses and Trust Scores, these companies provide a general idea of their credibility and possible risk levels in the competitive landscape of online trading. For individuals assessing their options for an online trading platform, understanding these factors can be crucial in making informed decisions.
| Feature |
FXPrimus
|
TopFX
|
|---|---|---|
| Year Founded | 2009 | 2010 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
FXPrimus offers a competitive approach to commissions and fees, though specific average spread data is not mentioned. With a rating of 4 out of 5 stars for commissions and fees, FXPrimus presents a reasonable option for traders seeking cost-effective trading solutions. Ranked at #42 out of 63 brokers by ForexBrokers.com in this category, FXPrimus holds a middle-ground position in the market.
TopFX, also rated 4 out of 5 stars for commissions and fees, provides traders with two distinct account types: the ZERO account and the RAW account. The ZERO account is commission-free, offering higher average spreads of 1.03 pips on the EUR/USD pair as of July 2024. In contrast, the RAW account features a commission of 2.75 EUR per side, with low average spreads of 0.33 pips on the EUR/USD pair. This results in an all-in cost of roughly 0.88 pips, aligning with industry standards. Ranked slightly higher than FXPrimus, TopFX is positioned at #40 out of 63 brokers in the commissions and fees category according to ForexBrokers.com.
Both FXPrimus and TopFX provide traders with viable options depending on their preferred fee structures. While FXPrimus refrains from detailing average spreads, they maintain a good reputation in terms of fees, similar to TopFX. On the other hand, the flexibility of TopFX’s account offerings caters to both spread-sensitive and commission-conscious traders. Thus, your choice may rely on individual trading priorities and the specific structures offered by each broker.
| Feature |
FXPrimus
|
TopFX
|
|---|---|---|
| Minimum Deposit | $100 | Depends on payment method |
| Average Spread EUR/USD - Standard | N/A | 1.03 |
| All-in Cost EUR/USD - Active | N/A | 0.88 |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing FXPrimus and TopFX, both provide the opportunity to engage in forex trading, including the use of CFDs or spot contracts. However, TopFX offers a significantly larger selection of tradeable symbols at 655, compared to FXPrimus's 140. This includes 60 forex pairs available through TopFX, giving it a slight edge over FXPrimus, which offers 42. Both brokers, however, maintain a non-offering stance on exchange-traded securities from U.S. or international exchanges, meaning investors can't directly purchase stocks like Apple or Vodafone through them.
For those interested in copy trading, both FXPrimus and TopFX support this feature. Moreover, if you're looking into crypto derivatives, both brokers allow trading these products, though neither facilitates the purchase of actual cryptocurrencies. Considering their range of investments, both FXPrimus and TopFX receive a rating of 3.5 stars. Nonetheless, when ranked against 63 other brokers, TopFX stands at #46, outperforming FXPrimus, which sits at #59 in terms of available investment offerings.
| Feature |
FXPrimus
|
TopFX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 140 | 655 |
| Forex Pairs (Total) | 42 | 60 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| 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 FXPrimus and TopFX, both online brokers provide a wide range of trading platforms and tools suitable for various trading needs. They each offer free virtual demo accounts, allowing users to simulate trading without investing real money. However, FXPrimus distinguishes itself with a proprietary platform developed in-house, while TopFX does not offer a similar custom-built platform. Both brokers provide Windows-based desktop download trading platforms and web-based browser options. They also support copy trading capabilities and offer MetaTrader 4 (MT4), although only FXPrimus includes MetaTrader 5 (MT5) in its platform suite.
The brokers are equally matched when it comes to charting tools: each provides 15 drawing tools and allows trading directly from stock charts. Additionally, they both maintain well-organized watch lists with seven columns each. Neither FXPrimus nor TopFX supports DupliTrade or ZuluTrade. Based on ForexBrokers.com rankings, TopFX is slightly ahead at #45 compared to FXPrimus at #49 out of 63 brokers for trading platforms and tools, though both receive a commendable four-star rating out of five for their offerings.
| Feature |
FXPrimus
|
TopFX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | No |
| 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 TopFX, both brokers offer comprehensive tools for traders on the go. Each provides apps for iPhone and Android users, ensuring access to their respective platforms from practically anywhere. They both offer stock and forex price alerts, enabling traders to stay informed about market changes in real-time. However, neither of the brokers provides watchlist symbol syncing, meaning that any changes made on the mobile app won't be reflected automatically on other devices. Each app features 30 technical studies for chart analysis and allows users to draw trendlines and switch between different time frames, from daily to intraday. Additionally, both apps automatically save any drawings made on charts, safeguarding users' technical analysis efforts.
Traders can create personalized watchlists with real-time quotes through both FXPrimus and TopFX mobile apps, ensuring they have access to preferred market data instantly. While both platforms are similarly efficient, FXPrimus holds a slight edge in the evaluation by ForexBrokers.com, ranking 48th out of 63 brokers compared to TopFX’s 51st position. Nonetheless, their ratings remain tied with a solid four out of five stars, indicating a strong performance overall. Whether choosing FXPrimus or TopFX, users can expect a reliable and straightforward mobile trading experience designed to meet modern trading needs.
| Feature |
FXPrimus
|
TopFX
|
|---|---|---|
| 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 | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research, FXPrimus and TopFX offer distinct features aimed at assisting traders in making informed decisions. FXPrimus provides daily market commentary, helping users stay up-to-date with market trends. However, it falls short in offering forex news from established sources like Bloomberg or Reuters, as well as lacking tools from companies such as Autochartist and Trading Central. FXPrimus does feature an economic calendar showcasing upcoming global news events. Despite these offerings, it holds a 3-star rating for research and is ranked 58th out of 63 brokers in this category by ForexBrokers.com.
TopFX, on the other hand, does not offer daily market commentary but makes up for it with access to forex news from top-tier sources and includes technical analysis tools from companies like Autochartist and Trading Central. Additionally, it provides a sentiment-based trading tool, which FXPrimus does not. Like FXPrimus, TopFX also includes an economic calendar to keep users informed of global events. With a 3-star research rating as well, TopFX is slightly less favored, coming in at 60th out of 63 brokers in ForexBrokers.com's research rankings. Overall, while both brokers offer an economic calendar, TopFX edges out with better research tools, but FXPrimus offers daily commentary for day-to-day insights.
| Feature |
FXPrimus
|
TopFX
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | No | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners interested in forex or CFDs trading, FXPrimus stands out compared to TopFX. FXPrimus enriches its users with a range of educational content, offering more than ten articles, videos, or archived webinars on these subjects. Additionally, FXPrimus provides its clients with the opportunity to attend online webinars each month and access a searchable archive of previous sessions. In contrast, TopFX does not meet these benchmarks, offering fewer than ten educational pieces and no monthly webinars or archives. This distinction can be a key consideration for new traders who prioritize comprehensive learning resources.
Despite these differences, both FXPrimus and TopFX share some common ground in their educational offerings. Neither broker provides a collection of at least ten beginner or advanced videos specifically tailored to traders, nor do they offer an investor dictionary with 50 investing terms. Both brokers receive a three-star rating for education. However, FXPrimus is slightly better positioned with a ranking of 51 out of 63 brokers, while TopFX is ranked 61st according to ForexBrokers.com. For beginners seeking extensive educational support, FXPrimus may be the preferable option between the two.
| Feature |
FXPrimus
|
TopFX
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | No | No |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | No | No |
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 TopFX. FXPrimus finished with an overall rank of #53, while TopFX finished with an overall rank of #62.
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
|
TopFX
|
|---|---|---|
| Overall Rating |
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| Trust Score | 71 | 67 |
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FXPrimus and TopFX both provide the option to trade cryptocurrency derivatives but do not offer the ability to purchase actual cryptocurrencies.
When comparing online brokers FXPrimus and TopFX, both do not support ACH or SEPA transfers for deposits or withdrawals, while TopFX allows PayPal transactions unlike FXPrimus, both brokers accept Skrill and major card payments such as Visa and Mastercard, as well as bank wire transfers for managing account funds.
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 | TopFX | |
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| Trust Score | 71 | 67 | |
| Winner | check_circle | ||
| Review | TopFX Review |
| Broker Screenshots | FXPrimus | TopFX | |
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| Regulation | FXPrimus | TopFX | |
|---|---|---|---|
| Trust Score | 71 | 67 | |
| Year Founded | 2009 | 2010 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | FXPrimus | TopFX | |
|---|---|---|---|
| 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 | Yes |
| Tier-2 Licenses (Trusted) | FXPrimus | TopFX | |
|---|---|---|---|
| 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 | TopFX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 140 | 655 | |
| Forex Pairs (Total) | 42 | 60 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| 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 | TopFX | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 1.03 | |
| All-in Cost EUR/USD - Active | N/A | 0.88 | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | FXPrimus | TopFX | |
|---|---|---|---|
| Minimum Deposit | $100 | Depends on payment method | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| 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 | TopFX | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | Yes | Yes | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | FXPrimus | TopFX | |
|---|---|---|---|
| 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 | TopFX | |
|---|---|---|---|
| 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 | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | FXPrimus | TopFX | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | FXPrimus | TopFX | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | No | No | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | No | No |
| Major Forex Pairs | FXPrimus | TopFX | |
|---|---|---|---|
| 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 | TopFX Review |
| Overall | FXPrimus | TopFX | |
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| Trust Score | 71 | 67 | |
| Winner | check_circle | ||
| Review | TopFX Review |
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