fx global markets
FX Primus
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Overview
fx global markets was founded in 2017 and is headquartered in United States, while FX Primus was established in 2009 and is based in Cyprus. Both brokers are regulated by Cyprus Securities and Exchange Commission (CySEC), among other authorities. fx global markets serves 10,000+ clients worldwide; FX Primus has 10,000+. The minimum deposit is $250 at fx global markets and $100 at FX Primus.
| Feature | fx global markets | FX Primus |
|---|---|---|
| Min. Deposit | $250 | $100 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC), with CIF license No. 242/14 | Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID) |
| Founded | 2017 | 2009 |
| Country | United States | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between fx global markets 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 $250 at fx global markets). Both brokers charge withdrawal fees. fx global markets charges deposit fees; FX Primus does not. Overall, FX Primus scores higher on fees in our assessment.
| Feature | fx global markets | FX Primus |
|---|---|---|
| Min. Deposit | $250 | $100 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | No | No |
Platforms
fx global markets offers MT4, 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. The two brokers are closely matched on platform offering.
| Feature | fx global markets | 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 | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | 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 fx global markets 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. fx global markets scores higher overall in education and research.
| Feature | fx global markets | 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. fx global markets accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while FX Primus supports 3 (bank transfer, credit/debit card, Neteller). fx global markets uniquely supports PayPal and Skrill among the two brokers. fx global markets scores higher on deposit and withdrawal flexibility.
| Feature | fx global markets | FX Primus |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | No |
| Neteller | Yes | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both fx global markets and FX Primus offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 8 languages. Both brokers are comparable on support quality.
| Feature | fx global markets | FX Primus |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, Spanish, Indonesian, Chinese, Thai, Vietnamese, Hungarian, and Malaysian |