FX Primus
OptionWeb
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Overview
FX Primus was founded in 2009 and is headquartered in Cyprus, while OptionWeb was established in 2012 and is based in Cyprus. Both brokers are regulated by Cyprus Securities and Exchange Commission (CySEC), among other authorities. FX Primus serves 10,000+ clients worldwide; OptionWeb has 10,000+. The minimum deposit is $100 at FX Primus and $200 at OptionWeb.
| Feature | FX Primus | OptionWeb |
|---|---|---|
| Min. Deposit | $100 | $200 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2009 | 2012 |
| Country | Cyprus | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between FX Primus and OptionWeb, directly affecting your bottom line as a trader. FX Primus has a lower barrier to entry with a minimum deposit of $100 (vs $200 at OptionWeb). FX Primus charges withdrawal fees while OptionWeb does not, a notable advantage for frequent withdrawers. FX Primus charges deposit fees; OptionWeb does not. Overall, OptionWeb scores higher on fees in our assessment.
| Feature | FX Primus | OptionWeb |
|---|---|---|
| Min. Deposit | $100 | $200 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | No | No |
Platforms
FX Primus offers MT4, MT5, cTrader, while OptionWeb supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. FX Primus supports social and copy trading features, which OptionWeb does not offer. FX Primus edges ahead on platform breadth and functionality in our scoring.
| Feature | FX Primus | OptionWeb |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps | Binary, 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 OptionWeb compare. FX Primus runs regular live webinars; OptionWeb does not. Both provide video tutorials. FX Primus publishes daily market commentary; OptionWeb 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 | FX Primus | OptionWeb |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| 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 OptionWeb supports 2 (bank transfer, credit/debit card). FX Primus uniquely supports Neteller among the two brokers. FX Primus scores higher on deposit and withdrawal flexibility.
| Feature | FX Primus | OptionWeb |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | Yes | No |
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 OptionWeb offer live chat support. Both provide phone support. Email support is available at both brokers. FX Primus supports 8 languages and OptionWeb supports 2, giving FX Primus broader global reach. Both brokers are comparable on support quality.
| Feature | FX Primus | OptionWeb |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Indonesian, Chinese, Thai, Vietnamese, Hungarian, and Malaysian | English, and Chinese |