FX Primus
Libertex
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Overview
FX Primus was founded in 2009 and is headquartered in Cyprus, while Libertex was established in 2012 and is based in Cyprus. FX Primus holds licences including Cyprus Securities and Exchange Commission (CySEC), while Libertex is regulated by Cyprus Securities and Exchange Commission (CySEC) with CIF Licence number 164/12 among others. FX Primus serves 10,000+ clients worldwide; Libertex has 2,200,000+. The minimum deposit is $100 at FX Primus and $117 at Libertex.
| Feature | FX Primus | Libertex |
|---|---|---|
| Min. Deposit | $100 | $117 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID) | Cyprus Securities and Exchange Commission (CySEC) with CIF Licence number 164/12 |
| Founded | 2009 | 2012 |
| Country | Cyprus | Cyprus |
| Clients | 10,000+ | 2,200,000+ |
Fees
Fees are a critical factor when choosing between FX Primus and Libertex, directly affecting your bottom line as a trader. FX Primus has a lower barrier to entry with a minimum deposit of $100 (vs $117 at Libertex). FX Primus charges withdrawal fees while Libertex does not, a notable advantage for frequent withdrawers. FX Primus charges deposit fees; Libertex does not. Overall, Libertex scores higher on fees in our assessment.
| Feature | FX Primus | Libertex |
|---|---|---|
| Min. Deposit | $100 | $117 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | No | No |
Platforms
FX Primus offers MT4, MT5, cTrader, while Libertex supports MT4, MT5, a proprietary platform. 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 Primus | Libertex |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | No |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Duplitrade, Mobile Apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how FX Primus and Libertex compare. FX Primus runs regular live webinars; Libertex does not. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. FX Primus maintains an archive of past webinars for on-demand viewing. Libertex scores higher overall in education and research.
| Feature | FX Primus | Libertex |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | No | Yes |
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 Libertex supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). Libertex uniquely supports PayPal and Skrill among the two brokers. Libertex scores higher on deposit and withdrawal flexibility.
| Feature | FX Primus | Libertex |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| 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 Primus and Libertex offer live chat support. Both provide phone support. Email support is available at both brokers. FX Primus supports 8 languages and Libertex supports 9, giving Libertex broader global reach. Both brokers are comparable on support quality.
| Feature | FX Primus | Libertex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Indonesian, Chinese, Thai, Vietnamese, Hungarian, and Malaysian | English, German, Italian, Dutch, Polish, Spanish, French, Portuguese, Chinese |