eOption
FX Primus
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Overview
eOption was founded in 2008 and is headquartered in USA, while FX Primus was established in 2009 and is based in Cyprus. eOption holds licences including Unregulated, while FX Primus is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. eOption serves 10,000+ clients worldwide; FX Primus has 10,000+. The minimum deposit is $500 at eOption and $100 at FX Primus.
| Feature | eOption | FX Primus |
|---|---|---|
| Min. Deposit | $500 | $100 |
| Regulation | Unregulated | Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID) |
| Founded | 2008 | 2009 |
| Country | USA | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between eOption and FX Primus, directly affecting your bottom line as a trader. FX Primus has a lower barrier to entry with a minimum deposit of $100 (vs $500 at eOption). Both brokers charge withdrawal fees. eOption charges deposit fees; FX Primus does not. Overall, FX Primus scores higher on fees in our assessment.
| Feature | eOption | FX Primus |
|---|---|---|
| Min. Deposit | $500 | $100 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | No | No |
Platforms
eOption 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 eOption does not offer. The two brokers are closely matched on platform offering.
| Feature | eOption | 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 | DealBook (Desktop, Mobile, iPhone, iPad, iPod touch, Web) | 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 eOption and FX Primus compare. FX Primus runs regular live webinars; eOption does not. Both provide video tutorials. FX Primus publishes daily market commentary; eOption does not. Both integrate third-party research tools. FX Primus maintains an archive of past webinars for on-demand viewing. FX Primus scores higher overall in education and research.
| Feature | eOption | FX Primus |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. eOption 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 | eOption | 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 eOption and FX Primus offer live chat support. Both provide phone support. Email support is available at both brokers. eOption supports 2 languages and FX Primus supports 8, giving FX Primus broader global reach. Both brokers are comparable on support quality.
| Feature | eOption | 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 |