Bitfinex
FX Primus
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Overview
Bitfinex was founded in 2015 and is headquartered in New Zealand, while FX Primus was established in 2009 and is based in Cyprus. Bitfinex holds licences including Financial Services Provider (FSP), while FX Primus is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Bitfinex serves 10,000+ clients worldwide; FX Primus has 10,000+. Both brokers share the same minimum deposit of $100.
| Feature | Bitfinex | FX Primus |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Regulation | Financial Services Provider (FSP) | Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID) |
| Founded | 2015 | 2009 |
| Country | New Zealand | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Bitfinex and FX Primus, directly affecting your bottom line as a trader. Both require a minimum deposit of $100. Both brokers charge withdrawal fees. FX Primus charges deposit fees; Bitfinex does not. Overall, Bitfinex scores higher on fees in our assessment.
| Feature | Bitfinex | FX Primus |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | No |
Platforms
Bitfinex offers MT5, cTrader, while FX Primus supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. FX Primus edges ahead on platform breadth and functionality in our scoring.
| Feature | Bitfinex | FX Primus |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Android Apps,iPhone/iPad,Desktop | MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Bitfinex and FX Primus compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. Bitfinex scores higher overall in education and research.
| Feature | Bitfinex | FX Primus |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Bitfinex accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while FX Primus supports 3 (bank transfer, credit/debit card, Neteller). FX Primus uniquely supports Neteller among the two brokers. FX Primus scores higher on deposit and withdrawal flexibility.
| Feature | Bitfinex | FX Primus |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Bitfinex and FX Primus offer live chat support. Both provide phone support. Email support is available at both brokers. Bitfinex supports 2 languages and FX Primus supports 8, giving FX Primus broader global reach. Both brokers are comparable on support quality.
| Feature | Bitfinex | FX Primus |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Indonesian, Chinese, Thai, Vietnamese, Hungarian, and Malaysian |