Caveo
FX Primus
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Overview
Caveo was founded in 2016 and is headquartered in variable, while FX Primus was established in 2009 and is based in Cyprus. Caveo holds licences including Financial Conduct Authority (FCA), while FX Primus is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Caveo serves 10,000+ clients worldwide; FX Primus has 10,000+. The minimum deposit is $0 at Caveo and $100 at FX Primus.
| Feature | Caveo | FX Primus |
|---|---|---|
| Min. Deposit | $0 | $100 |
| Regulation | Financial Conduct Authority (FCA) | Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID) |
| Founded | 2016 | 2009 |
| Country | variable | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Caveo and FX Primus, directly affecting your bottom line as a trader. Caveo has a lower barrier to entry with a minimum deposit of $0 (vs $100 at FX Primus). FX Primus charges withdrawal fees while Caveo does not, giving Caveo an edge for frequent withdrawers. Caveo charges deposit fees; FX Primus does not. Overall, Caveo scores higher on fees in our assessment.
| Feature | Caveo | FX Primus |
|---|---|---|
| Min. Deposit | $0 | $100 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | No |
Platforms
Caveo offers MT4, MT5, cTrader, while FX Primus supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. FX Primus supports social and copy trading features, which Caveo does not offer. The two brokers are closely matched on platform offering.
| Feature | Caveo | FX Primus |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | IRESSTrader,IRESSInvestor,netIRESS,XPLAN | 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 Caveo 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. Caveo scores higher overall in education and research.
| Feature | Caveo | 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. Caveo 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 | Caveo | 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 Caveo and FX Primus offer live chat support. Both provide phone support. Email support is available at both brokers. Caveo supports 2 languages and FX Primus supports 8, giving FX Primus broader global reach. Both brokers are comparable on support quality.
| Feature | Caveo | 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 |