Written by ForexBrokers.com
In this head to head comparison of FXPrimus vs Xtrade, 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 Xtrade, both established online brokers, offer options for traders seeking regulated platforms. FXPrimus was founded in 2009, whereas Xtrade has been serving clients since 2003. Neither broker is publicly traded or operates as a bank. In terms of regulatory standing, FXPrimus holds one Tier-1 license, indicating a highly trusted status, but it lacks Tier-2 licenses. It has a Trust Score of 71 from ForexBrokers.com, categorizing it as average risk. In comparison, Xtrade not only holds one Tier-1 license but also possesses a Tier-2 license, earning it a slightly higher Trust Score of 74, positioning it closer to a trusted broker.
When evaluating these brokers, both have a foundation of regulatory trust, though Xtrade edges out FXPrimus with its additional Tier-2 license and slightly better trust rating. This might make Xtrade a somewhat more attractive option for clients who prioritize regulation and trust, while FXPrimus continues to be a choice for those who are comfortable with a moderately lower trust score and a shorter operating history.
| Feature |
FXPrimus
|
Xtrade
|
|---|---|---|
| Year Founded | 2009 | 2003 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing FXPrimus and Xtrade in terms of commissions and fees, FXPrimus stands out with a higher rating. FXPrimus earns a solid 4-star rating in this category, placing it in the 42nd position out of 63 brokers according to ForexBrokers.com. While specific average spread data isn't available for FXPrimus, their overall favorable ranking suggests competitive costs for traders.
In contrast, Xtrade receives a 2.5-star rating for its commissions and fees, which is notably lower than FXPrimus. This places Xtrade at the bottom of the ranking list—63rd out of 63 brokers according to ForexBrokers.com. Although specific spread data is not provided, the rating reflects higher costs, which could impact a trader's profitability.
Overall, FXPrimus offers a better deal on commissions and fees compared to Xtrade, suggesting it may be the more cost-effective option for traders looking to minimize expenses. With higher ratings and rankings, FXPrimus appears to provide traders with more advantageous financial terms than Xtrade.
| Feature |
FXPrimus
|
Xtrade
|
|---|---|---|
| Minimum Deposit | $100 | $250 |
| Average Spread EUR/USD - Standard | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | 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 FXPrimus and Xtrade on their range of investment options, both brokers provide forex trading as a CFD or spot contract. FXPrimus offers 140 tradeable symbols, including 42 forex pairs, while Xtrade offers a broader selection with 482 tradeable symbols, including 56 forex pairs. Neither broker provides access to exchange-traded securities on U.S. or international exchanges, so direct investments in stocks such as Apple or Vodafone aren't available with these platforms. However, traders interested in cryptocurrency derivatives can find options with both FXPrimus and Xtrade, although neither offers the ability to buy actual cryptocurrency.
Additionally, FXPrimus stands out in offering copy trading, a feature not available at Xtrade, which may appeal to beginners or those looking to mirror successful trading strategies. Both brokers carry an equal rating of 3.5 stars for their range of investments, though Xtrade ranks slightly higher at #49 compared to FXPrimus's #59 according to ForexBrokers.com. This evaluation indicates that while both platforms offer a satisfactory range of investment options, Xtrade may provide a more extensive selection for those seeking diverse trading opportunities.
| Feature |
FXPrimus
|
Xtrade
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 140 | 482 |
| Forex Pairs (Total) | 42 | 56 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | No |
| 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 Xtrade for their trading platforms and tools, both brokers provide simulated trading through free demo accounts, allowing users to practice their strategies without financial risk. FXPrimus and Xtrade also offer proprietary trading platforms developed in-house, providing unique interfaces tailored to each broker's offerings. FXPrimus stands out with its support for MetaTrader 4 and MetaTrader 5, popular platforms among seasoned traders, while Xtrade does not. Both brokers provide web-based trading platforms, but only FXPrimus offers a Windows-based desktop download, which might appeal to users who prefer trading on dedicated software.
In terms of added functionalities, FXPrimus includes copy trading features, whereas Xtrade does not. Xtrade shines with 100 drawing tools for charting, far surpassing FXPrimus' 15 drawing tools, offering greater options for technical analysis enthusiasts. Additionally, stock chart trading is available from both brokers, allowing users to manage trades directly from chart views. FXPrimus's watch lists provide 7 columns, while Xtrade offers 9, catering to more detailed monitoring. Although FXPrimus ranks higher at 49th compared to Xtrade's 58th in ForexBrokers.com's Trading Platforms and Tools category, it earns a slightly better rating of 4 stars to Xtrade's 3.5 stars, indicating a slight edge in overall platform satisfaction.
| Feature |
FXPrimus
|
Xtrade
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | N/A |
| Charting - Drawing Tools (Total) | 15 | 100 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 9 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When it comes to mobile trading, both FXPrimus and Xtrade offer apps for iPhone and Android users. However, FXPrimus provides a richer feature set for mobile users, offering stock and forex price alerts, a functionality that Xtrade lacks. While neither platform allows you to sync watchlists between mobile and online accounts, FXPrimus excels in charting capabilities. It offers 30 technical studies and allows users to draw trendlines and view multiple time frames on charts, capabilities that Xtrade's app does not provide. Additionally, FXPrimus' app enables auto-saving of drawings on charts, and it offers the ability to create a watchlist with real-time quotes, which again is a feature not available with Xtrade.
Despite the broader range of features offered by FXPrimus, both apps have received a 4-star rating in mobile trading. However, FXPrimus is ranked slightly higher at #48 compared to Xtrade's #53 in the Mobile Trading Apps category by ForexBrokers.com. This suggests that while both platforms offer a generally favorable user experience, FXPrimus might be the better choice for traders looking for more advanced charting tools and real-time data access on their mobile devices.
| Feature |
FXPrimus
|
Xtrade
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | No |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | N/A |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Multiple Time Frames | Yes | No |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | No |
Dive deeper: Best Forex Trading Apps.
FXPrimus and Xtrade both offer daily market commentary and an economic calendar that keeps traders informed about global news events affecting various economies. However, Xtrade has a slight edge over FXPrimus in providing forex news sourced from top-tier outlets like Bloomberg, Reuters, or Dow Jones. When it comes to research tools from recognizable companies such as Autochartist, Trading Central, TipRanks, and Acuity Trading, neither broker offers these advanced tools, which might be a consideration for those who rely heavily on technical and fundamental analysis resources.
Despite these similarities and differences, Xtrade holds a marginally higher research rating of 3.5 stars out of 5, compared to FXPrimus's 3 stars. This is mirrored in their rankings by ForexBrokers.com, where Xtrade ranks at #52, while FXPrimus stands at #58 out of 63 brokers reviewed. These rankings and ratings indicate that although both brokers provide essential market insights, Xtrade tends to offer slightly more in-depth research capabilities overall.
| Feature |
FXPrimus
|
Xtrade
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | No | 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 beginners, FXPrimus and Xtrade both offer a strong foundation with more than ten educational pieces focused on forex and CFDs. This includes various formats such as articles, videos, and archived webinars. However, a key difference emerges in their approach to ongoing educational support. FXPrimus hosts monthly webinars, providing an engaging way for beginners to learn and interact with experts. Additionally, FXPrimus offers a searchable archive of past webinars, making it easy for users to revisit and reinforce their learning. In contrast, Xtrade doesn't provide the same live webinar experience or an archived collection, which might limit learners who prefer this interactive format.
While neither FXPrimus nor Xtrade provides a comprehensive library of beginner or advanced educational videos specifically tailored for traders at different levels, Xtrade does offer another useful tool: an investor dictionary with definitions of over 50 investing terms. This can be a valuable resource for beginners looking to build their vocabulary and understanding of trading concepts. In overall educational ratings, Xtrade slightly edges out FXPrimus with a 3.5-star rating compared to FXPrimus's 3 stars. According to ForexBrokers.com, Xtrade ranks 46th among 63 brokers in the Education category, while FXPrimus is further down the list at 51st. These differences could be a deciding factor for new traders choosing a platform to start their educational journey.
| Feature |
FXPrimus
|
Xtrade
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| 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 | Yes |
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 Xtrade. FXPrimus finished with an overall rank of #53, while Xtrade finished with an overall rank of #60.
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
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Xtrade
|
|---|---|---|
| Overall Rating |
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| Trust Score | 71 | 74 |
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Both FXPrimus and Xtrade do not offer the ability to purchase actual delivered cryptocurrency, but they do provide options to trade cryptocurrency derivatives.
FXPrimus and Xtrade both do not provide ACH or SEPA transfers or PayPal for fund transactions, but they offer similar deposit and withdrawal options, including Skrill, Visa or Mastercard, and bank wires.
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 | Xtrade | |
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| Trust Score | 71 | 74 | |
| Winner | check_circle | ||
| Review | Xtrade Review |
| Broker Screenshots | FXPrimus | Xtrade | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) | |||
| Mobile Trading Gallery (click to expand) | |||
| Research Gallery (click to expand) | |||
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| Regulation | FXPrimus | Xtrade | |
|---|---|---|---|
| Trust Score | 71 | 74 | |
| Year Founded | 2009 | 2003 | |
| 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 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | FXPrimus | Xtrade | |
|---|---|---|---|
| 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 | Xtrade | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | FXPrimus | Xtrade | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 140 | 482 | |
| Forex Pairs (Total) | 42 | 56 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | No | |
| 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 | Xtrade | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | FXPrimus | Xtrade | |
|---|---|---|---|
| Minimum Deposit | $100 | $250 | |
| 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 | FXPrimus | Xtrade | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | Yes | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | FXPrimus | Xtrade | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | No | |
| Watchlists - Total Fields | 7 | 9 | |
| Charting - Indicators / Studies (Total) | 30 | N/A | |
| Charting - Drawing Tools (Total) | 15 | 100 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | FXPrimus | Xtrade | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | No | |
| Mobile Watchlist | Yes | No | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Multiple Time Frames | Yes | No | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | No |
| Research | FXPrimus | Xtrade | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | FXPrimus | Xtrade | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| 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 | Yes |
| Major Forex Pairs | FXPrimus | Xtrade | |
|---|---|---|---|
| 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 | Xtrade Review |
| Overall | FXPrimus | Xtrade | |
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| Trust Score | 71 | 74 | |
| Winner | check_circle | ||
| Review | Xtrade Review |
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