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.
XM Group and FXPrimus are both online brokers founded in 2009, yet they differ significantly in terms of regulatory credentials. XM Group distinguishes itself with a stronger regulatory framework, holding four Tier-1 licenses, which are recognized for high trust, and one Tier-2 license, earning it a trust score of 88 out of 99 from ForexBrokers.com. In contrast, FXPrimus is equipped with only one Tier-1 license and no Tier-2 licenses, resulting in a lower trust score of 71. Neither XM Group nor FXPrimus is publicly traded or operates as a bank.
When considering trustworthiness for online trading, XM Group’s higher trust score indicates a more secure reputation in the industry compared to FXPrimus. Both brokers being founded in the same year showcases how regulatory strategies can vary greatly, influencing clients’ confidence in their services. XM Group's numerous high-trust licenses provide reassurance to traders seeking a broker with a strong emphasis on regulatory compliance, while FXPrimus offers a more moderate level of assurance with its current licensing structure.
| Feature |
XM Group
|
FXPrimus
|
|---|---|---|
| Year Founded | 2009 | 2009 |
| Publicly Traded (Listed) | ||
| Bank | ||
| 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 | ||
| ACH or SEPA Transfers | ||
| PayPal (Deposit/Withdraw) | ||
| 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 XM Group to FXPrimus regarding their range of investments, both brokers offer forex trading as a CFD or spot contract. However, XM Group provides a much larger selection of tradeable symbols, with 1,394 compared to FXPrimus's 140. In terms of forex pairs, XM Group also leads with 55 options, while FXPrimus offers 42. An advantage that XM Group holds is the ability to purchase exchange-traded securities, such as shares from U.S. and international exchanges, a service FXPrimus does not provide. Both brokers offer copy trading and allow trading of cryptocurrency derivatives, though neither provides the option to buy actual cryptocurrencies directly.
Based on rankings and ratings, XM Group outshines FXPrimus in terms of the range of investments. XM Group has earned a rating of 4.5 stars and holds the 24th position in the Range of Investments category according to ForexBrokers.com. In contrast, FXPrimus receives a 3.5-star rating and is ranked 59th out of 63 brokers in the same category. These distinctions make XM Group a more versatile choice for those seeking a wide array of investment opportunities.
| 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 | |
| Int'l Stock Trading (Non CFD) | Yes | |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | ||
| 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 XM Group and FXPrimus, both brokers offer a variety of features that cater to traders' needs. For those new to trading or looking to refine their skills, both XM Group and FXPrimus provide free virtual demo accounts, allowing users to practice without any financial risks. While XM Group does not have a proprietary platform, FXPrimus does offer one developed in-house. Both brokers support the popular MetaTrader 4 and MetaTrader 5 platforms along with providing Windows-based desktop download and web-based trading platforms. Additionally, they both enable copy trading, a feature beneficial for those who prefer to follow and replicate the trades of experienced traders. Although neither offers DupliTrade or ZuluTrade, they both allow trades to be executed directly from stock charts and provide 15 drawing tools to enhance charting capabilities.
In terms of watch lists, both brokers offer the ability to customize with seven columns, assisting traders in keeping track of important market data. When it comes to their ratings, both XM Group and FXPrimus have been awarded four out of five stars for their trading platforms and tools. However, XM Group holds a slightly higher position, ranked 31st out of 63 brokers by ForexBrokers.com, compared to FXPrimus, which is ranked 49th. This indicates that while both brokers offer a comprehensive set of tools and platforms, XM Group may have a slight edge in the perception of trading platform quality according to industry reviewers.
| Feature |
XM Group
|
FXPrimus
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | 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 | ||
| ZuluTrade | ||
| 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 it comes to mobile trading apps, both XM Group and FXPrimus offer applications for iPhone and Android users, allowing traders to manage their portfolios on the go. Both apps provide stock and forex price alerts, and enable traders to draw trendlines and view multiple time frames on charts. Each platform offers 30 technical studies for in-depth chart analysis, and both apps allow the creation of watchlists with real-time quotes. However, FXPrimus stands out by offering auto-saved drawings on charts, a feature not mentioned for XM Group.
In terms of user ratings, both XM Group and FXPrimus receive a commendable four out of five stars for their mobile trading apps. However, in ranking terms, XM Group edges ahead with a 29th place out of 63 brokers according to ForexBrokers.com, compared to FXPrimus's 48th place. One notable advantage of XM Group's app is its watchlist sync feature, which seamlessly syncs watchlists between mobile and online platforms, a convenience FXPrimus does not offer. This difference could be a deciding factor for users who prioritize streamlined access across devices.
| Feature |
XM Group
|
FXPrimus
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing XM Group and FXPrimus for market research, both brokers provide daily market commentary and offer an economic calendar to keep traders updated on global news events. However, XM Group goes a step further by incorporating forex news from top-tier sources like Bloomberg and Reuters, enriching their research offerings. While both brokers do not include tools from Autochartist, XM Group includes Technical Analytics from Trading Central, providing additional insights for traders. Additionally, XM Group offers sentiment-based trading tools, allowing traders to view the ratio of long and short positions. Unfortunately, this feature isn't available with FXPrimus, which might make XM Group a more engaging choice for those who prioritize diverse research tools.
In terms of research quality, XM Group outshines FXPrimus with a solid five-star rating compared to the three stars for FXPrimus. This distinction is further highlighted by their respective rankings from ForexBrokers.com, where XM Group proudly holds the 8th position out of 63 brokers, demonstrating superior research capabilities. On the other hand, FXPrimus is ranked 58th, indicating room for improvement in this area. For traders seeking comprehensive market insights and tools, XM Group clearly presents a more compelling option over FXPrimus.
| Feature |
XM Group
|
FXPrimus
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | |
| Autochartist | ||
| Trading Central (Recognia) | Yes | |
| Social Sentiment - Currency Pairs | Yes | |
| TipRanks | ||
| Signal Centre (Acuity Trading) | ||
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources available to beginners, XM Group stands out as a comprehensive platform for those new to forex and CFDs trading. XM Group provides a wide range of educational materials, including more than ten pieces of content such as articles, videos, and archived webinars dedicated to the subject. Furthermore, they host online educational webinars monthly and maintain a searchable archive of past sessions, making it easy for beginners to catch up on previous learning opportunities. Beginners can also benefit from over ten educational videos specifically tailored for their needs, along with advanced videos for those looking to deepen their expertise. Due to these extensive offerings, XM Group has earned a top-tier rating of 5 stars for education and is ranked #7 out of 63 brokers by ForexBrokers.com.
FXPrimus also provides foundational educational resources for newcomers, including a minimum of ten educational pieces and monthly online webinars with archives for reviewing previous sessions. However, the broker does not match the extensive video library geared toward beginners that XM Group offers, and lacks in offering advanced educational videos. FXPrimus's educational efforts are commendable but fall slightly short compared to XM Group, as reflected in their 3-star education rating and #51 ranking out of 63 brokers on ForexBrokers.com. While both brokers offer valuable insights for beginners, the differences in their educational offerings highlight XM Group as the more comprehensive choice for those entering the trading world.
| Feature |
XM Group
|
FXPrimus
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | |
| Videos - Advanced Trading Videos | Yes | |
| Investor Dictionary (Glossary) |
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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XM Group and FXPrimus both offer the ability to buy cryptocurrency derivatives, but neither provides an option to purchase actual delivered cryptocurrencies.
XM Group and FXPrimus both support Skrill, Visa, Mastercard, and bank wire transfers for depositing or withdrawing funds, however, neither offers ACH, SEPA, or PayPal as funding options.
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) | |||
| Bank | |||
| 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 | ||
| Canada (CIRO Authorised) | |||
| Hong Kong (SFC Authorised) | |||
| Japan (SFC Authorised) | |||
| Singapore (MAS Authorised) | |||
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | |||
| USA (CFTC Authorized) | |||
| New Zealand (FMA Authorised) | |||
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | XM Group | FXPrimus | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | |||
| South Africa (FSCA Authorised) | |||
| UAE (DFSA/Central Bank Authorised) | Yes | ||
| India (SEBI Authorised) | |||
| Jordan (JSC Authorised) |
| 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 | ||
| Int'l Stock Trading (Non CFD) | Yes | ||
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | |||
| 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 | |||
| Inactivity Fee | Yes | ||
| Execution: Agency Broker | |||
| Execution: Market Maker | Yes | Yes |
| Funding | XM Group | FXPrimus | |
|---|---|---|---|
| Minimum Deposit | $5 | $100 | |
| PayPal (Deposit/Withdraw) | |||
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers |
| Trading Platforms | XM Group | FXPrimus | |
|---|---|---|---|
| Proprietary Platform | 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 | Yes | ||
| DupliTrade | |||
| ZuluTrade |
| 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 | ||
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | ||
| Mobile Economic Calendar | Yes | Yes |
| Research | XM Group | FXPrimus | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | ||
| Autochartist | |||
| Trading Central (Recognia) | Yes | ||
| TipRanks | |||
| Social Sentiment - Currency Pairs | Yes | ||
| 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 | ||
| Videos - Advanced Trading Videos | Yes | ||
| Investor Dictionary (Glossary) |
| 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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