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FX Primus logo

FX Primus

6.8/10

joseph palmer and sons

6.7/10
5/10RegulationTied5/10
4/10WinnerFees1/10
9/10PlatformsTied9/10
6/10Education & ResearchWinner10/10
6/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

FX Primus was founded in 2009 and is headquartered in Cyprus, while joseph palmer and sons was established in 1872 and is based in Cyprus. FX Primus holds licences including Cyprus Securities and Exchange Commission (CySEC), while joseph palmer and sons is regulated by AFS Licence 247067 among others. FX Primus serves 10,000+ clients worldwide; joseph palmer and sons has 10,000+. The minimum deposit is $100 at FX Primus and $250 at joseph palmer and sons.

FX Primus wins this category
FeatureFX Primusjoseph palmer and sons
Min. Deposit$100$250
RegulationCyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID)AFS Licence 247067, ABN 29 548 490 818
Founded20091872
CountryCyprusCyprus
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between FX Primus and joseph palmer and sons, 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 joseph palmer and sons). FX Primus charges withdrawal fees while joseph palmer and sons does not, a notable advantage for frequent withdrawers. FX Primus charges deposit fees; joseph palmer and sons does not. Overall, FX Primus scores higher on fees in our assessment.

FX Primus wins this category
FeatureFX Primusjoseph palmer and sons
Min. Deposit$100$250
Withdrawal FeesYesNo
Inactivity FeesNoNo
Deposit FeesYesNo
CFD FeesNoNo

Platforms

FX Primus offers MT4, MT5, cTrader, while joseph palmer and sons 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.

Tied
FeatureFX Primusjoseph palmer and sons
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile appsMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how FX Primus and joseph palmer and sons 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. joseph palmer and sons scores higher overall in education and research.

joseph palmer and sons wins this category
FeatureFX Primusjoseph palmer and sons
Forex EducationNoYes
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistNoYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. FX Primus accepts 3 of the tracked payment methods (bank transfer, credit/debit card, Neteller), while joseph palmer and sons supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). joseph palmer and sons uniquely supports PayPal and Skrill among the two brokers. joseph palmer and sons scores higher on deposit and withdrawal flexibility.

joseph palmer and sons wins this category
FeatureFX Primusjoseph palmer and sons
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerYesYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both FX Primus and joseph palmer and sons 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.

Tied
FeatureFX Primusjoseph palmer and sons
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Spanish, Indonesian, Chinese, Thai, Vietnamese, Hungarian, and MalaysianEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic