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FX Primus logo

FX Primus

6.8/10

ord minnett limited

7.9/10
5/10RegulationWinner10/10
4/10WinnerFees1/10
9/10PlatformsTied9/10
6/10Education & ResearchTied6/10
6/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

FX Primus was founded in 2009 and is headquartered in Cyprus, while ord minnett limited was established in 2013 and is based in Australia. FX Primus holds licences including Cyprus Securities and Exchange Commission (CySEC), while ord minnett limited is regulated by Financial Conduct Authority (FCA) among others. FX Primus serves 10,000+ clients worldwide; ord minnett limited has 10,000+. The minimum deposit is $100 at FX Primus and $250 at ord minnett limited.

ord minnett limited wins this category
FeatureFX Primusord minnett limited
Min. Deposit$100$250
RegulationCyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F292
Founded20092013
CountryCyprusAustralia
Clients10,000+10,000+

Fees

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

FX Primus wins this category
FeatureFX Primusord minnett limited
Min. Deposit$100$250
Withdrawal FeesYesNo
Inactivity FeesNoNo
Deposit FeesYesNo
CFD FeesNoNo

Platforms

FX Primus offers MT4, MT5, cTrader, while ord minnett limited supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. FX Primus supports social and copy trading features, which ord minnett limited does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureFX Primusord minnett limited
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 ord minnett limited 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. The two brokers are evenly matched on educational content.

Tied
FeatureFX Primusord minnett limited
Forex EducationNoNo
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistNoNo

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 ord minnett limited supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). ord minnett limited uniquely supports PayPal and Skrill among the two brokers. ord minnett limited scores higher on deposit and withdrawal flexibility.

ord minnett limited wins this category
FeatureFX Primusord minnett limited
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 ord minnett limited 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 Primusord minnett limited
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Spanish, Indonesian, Chinese, Thai, Vietnamese, Hungarian, and MalaysianEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic