Written by ForexBrokers.com
In this head to head comparison of XM Group 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.
Both XM Group and FXPrimus began their online brokerage services in 2009, but the two companies differ significantly in their regulatory standing. XM Group stands out with a commendable Trust Score of 88 from ForexBrokers.com, indicating its position in the trusted category. This broker holds an impressive collection of regulatory approvals with four Tier-1 licenses, representing the highest level of trust, and an additional Tier-2 license. These licenses affirm XM Group's commitment to providing a secure trading environment, although the firm is neither a bank nor publicly traded.
In contrast, FXPrimus holds a Trust Score of 71, placing it in the average risk category. The firm maintains one Tier-1 license, which signifies a sound but less extensive regulatory oversight compared to XM Group, and does not have any Tier-2 licenses. Like XM Group, FXPrimus is not publicly traded and does not operate as a bank. These factors highlight some key differences in the regulatory landscape and perceived trustworthiness between these two brokerage firms.
| Feature |
XM Group
|
FXPrimus
|
|---|---|---|
| Year Founded | 2009 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When considering the costs associated with trading through XM Group and FXPrimus, both brokers offer distinct features. XM Group provides a standard account with relatively high spreads and does not disclose average spreads for its commission-based XM Zero account. This lack of transparency might pose challenges for traders who prioritize knowing their costs upfront. Despite this, XM Group achieves a solid 4-star rating for commissions and fees, ranking 33rd out of 63 brokers according to ForexBrokers.com.
FXPrimus shares a similar scenario, as it does not publish its average spread data, which might make cost comparisons difficult for potential clients. Nevertheless, it also earns a 4-star rating for its commissions and fees. However, FXPrimus is positioned slightly lower than XM Group, ranking 42nd among the 63 brokers evaluated by ForexBrokers.com.
Overall, while both XM Group and FXPrimus have their own strengths, their lack of detailed spread data could be a concern for traders focused on precise budgeting. However, both maintain a commendable 4-star rating, indicating that their pricing models still meet satisfactory levels for various trading needs. XM Group holds a marginal lead in ranking, which might sway cost-conscious traders in its favor.
| Feature |
XM Group
|
FXPrimus
|
|---|---|---|
| Minimum Deposit | $5 | $100 |
| Average Spread EUR/USD - Standard | 1.6 | N/A |
| All-in Cost EUR/USD - Active | 0.8 | N/A |
| Active Trader or VIP Discounts | No | No |
| 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.
When comparing the available range of investments between XM Group and FXPrimus, XM Group stands out with a much broader selection. XM Group offers 1,394 tradeable symbols, dwarfing FXPrimus's 140 options. For forex enthusiasts, XM Group provides 55 tradeable forex pairs compared to FXPrimus's 42 pairs. While both brokers support forex trading as CFDs or spot contracts, XM Group further differentiates itself by allowing investments in actual exchange-traded securities on both U.S. and international exchanges, an option not available through FXPrimus.
Both XM Group and FXPrimus offer copy trading features and cryptocurrency derivatives, though neither offers the ability to buy actual cryptocurrency. When it comes to investor ratings for their range of investments, XM Group receives a higher rating of 4.5 stars compared to 3.5 stars for FXPrimus. This difference in opportunities is also reflected in their rankings by ForexBrokers.com, where XM Group is placed at #24 out of 63 brokers, while FXPrimus ranks significantly lower at #59. This highlights XM Group's stronger position in providing diverse investment options for traders.
| Feature |
XM Group
|
FXPrimus
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1394 | 140 |
| Forex Pairs (Total) | 55 | 42 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | 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.
XM Group and FXPrimus both offer comprehensive trading platforms suitable for various types of traders. Each broker provides a free virtual demo account, allowing users to practice trading without any financial risk. Both platforms operate on popular systems like MetaTrader 4 and MetaTrader 5, complemented by options for web-based trading and Windows desktop download platforms. XM Group does not have a proprietary platform, whereas FXPrimus does, giving it a slight edge for traders looking for a unique user interface. Both platforms support copy trading, providing flexibility for those interested in mimicking successful trades. However, neither broker offers DupliTrade or ZuluTrade options. When it comes to charting tools, both brokers provide a useful array of 15 drawing tools, and traders can execute trades directly from stock charts. Additionally, both platforms feature watch lists with seven customizable fields.
Both XM Group and FXPrimus are rated 4 out of 5 stars for their trading platforms and tools, affirming their competency in providing reliable trading solutions. However, XM Group holds a higher standing with a rank of 31 out of 63 brokers in the Trading Platforms and Tools category according to ForexBrokers.com, while FXPrimus is ranked at 49. This suggests that XM Group may offer a slightly more refined experience overall, although both brokers have strengths that cater to different trader preferences. Ultimately, the choice between the two may come down to the individual needs of the trader, whether prioritizing unique platform features or the availability of established trading technologies.
| Feature |
XM Group
|
FXPrimus
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | 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 exploring mobile trading options, both XM Group and FXPrimus provide apps for iPhone and Android users, ensuring broad accessibility regardless of your preferred platform. Each app supports essential features such as price alerts for stocks or forex, as well as the ability to draw trendlines and switch between various time frames on charts. Both platforms offer 30 technical studies, facilitating detailed chart analysis for keen traders. While both XM Group and FXPrimus allow the creation of watchlists with real-time quotes, XM Group edges ahead with its ability to sync watchlist symbols with the client's online account, offering a seamless experience across devices.
In terms of chart drawing functionalities, FXPrimus holds an advantage as it automatically saves drawings, while XM Group requires manual input for this. Despite their differences, the user experiences remain equally commendable, with both platforms receiving a solid four-star rating for their mobile trading apps. However, XM Group is ranked higher at 29 out of 63 brokers by ForexBrokers.com, compared to FXPrimus, which holds the 48th position. This may indicate a slight preference among users for XM Group's offerings in the mobile trading sphere.
| Feature |
XM Group
|
FXPrimus
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research features, XM Group and FXPrimus both offer daily market commentary and provide traders with an economic calendar to track global news events. XM Group stands out by offering forex news from reputable sources like Bloomberg and Reuters, enhancing its information credibility. In contrast, FXPrimus does not provide forex news from these top-tier sources. Additionally, XM Group enriches its research offerings with tools from Trading Central, including technical analytics and sentiment-based tools that display market sentiment insights, which FXPrimus does not offer.
XM Group takes the lead with a perfect 5-star rating for research, securing the 8th rank among 63 brokers, as per ForexBrokers.com. Meanwhile, FXPrimus, rated with 3 stars, is positioned at 58th in the same category. Both brokers do not provide features from Autochartist, TipRanks, or Acuity Trading, pointing to opportunities for enhancement. Overall, XM Group offers a more comprehensive suite for traders seeking in-depth market insights and tools, making it a preferable choice for those prioritizing research capabilities.
| Feature |
XM Group
|
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 it comes to educational resources for beginner forex and CFD traders, XM Group and FXPrimus both provide a wealth of materials. Both brokers offer a selection of at least 10 educational pieces such as articles and videos, along with hosting monthly webinars for their clients. Additionally, each platform provides an archive of past webinars for those who wish to learn on their own time. However, XM Group stands out by offering over 10 beginner-focused videos and advanced trading tutorials, helping both novices and experienced traders deepen their knowledge at every stage of their learning journey. In contrast, FXPrimus does not extend its educational video offerings specifically for beginners or advanced traders.
Despite both brokers offering similar primary educational resources, their overall ratings differ significantly. With an impressive 5-star rating in education from ForexBrokers.com, XM Group is ranked 7th out of 63 brokers, showcasing its dedication to educating traders. Meanwhile, FXPrimus maintains a 3-star rating, standing at the 51st position in the same category. Although both platforms do not feature a detailed investor dictionary, XM Group's commitment to beginner and advanced learning places it ahead of FXPrimus when it comes to supporting educational growth for traders.
| Feature |
XM Group
|
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) | No | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that XM Group is better than FXPrimus. XM Group finished with an overall rank of #17, while FXPrimus finished with an overall rank of #53.
XM Group is a MetaTrader-only broker that offers a strong selection of high-quality educational content and market research.
| Feature |
XM Group
|
FXPrimus
|
|---|---|---|
| Overall Rating |
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| Trust Score | 88 | 71 |
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Both XM Group and FXPrimus do not offer the ability to buy actual delivered cryptocurrency, but they both provide options to purchase cryptocurrency derivatives.
Both XM Group and FXPrimus do not support ACH or SEPA transfers or PayPal for deposits or withdrawals, but they do offer Skrill, Visa or MasterCard, and bank wires as available options 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 | XM Group | FXPrimus | |
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| Trust Score | 88 | 71 | |
| Winner | check_circle | ||
| Review | XM Group Review |
| Broker Screenshots | XM Group | FXPrimus | |
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| Regulation | XM Group | FXPrimus | |
|---|---|---|---|
| Trust Score | 88 | 71 | |
| Year Founded | 2009 | 2009 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 4 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | XM Group | FXPrimus | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | 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) | XM Group | 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 | XM Group | FXPrimus | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1394 | 140 | |
| Forex Pairs (Total) | 55 | 42 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | 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 | XM Group | FXPrimus | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.6 | N/A | |
| All-in Cost EUR/USD - Active | 0.8 | N/A | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | XM Group | FXPrimus | |
|---|---|---|---|
| Minimum Deposit | $5 | $100 | |
| 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 | XM Group | FXPrimus | |
|---|---|---|---|
| Proprietary Platform | No | 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 | No | Yes | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | XM Group | FXPrimus | |
|---|---|---|---|
| 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 | XM Group | 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 | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | XM Group | 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 | XM Group | 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) | No | No |
| Major Forex Pairs | XM Group | 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 | XM Group Review |
| Overall | XM Group | FXPrimus | |
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| Trust Score | 88 | 71 | |
| Winner | check_circle | ||
| Review | XM Group Review |
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