FX Primus
patersons securities limited
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
FX Primus was founded in 2009 and is headquartered in Cyprus, while patersons securities limited was established in 2015 and is based in United States. FX Primus holds licences including Cyprus Securities and Exchange Commission (CySEC), while patersons securities limited is regulated by AFS Licence 234666 among others. FX Primus serves 10,000+ clients worldwide; patersons securities limited has 10,000+. The minimum deposit is $100 at FX Primus and $250 at patersons securities limited.
| Feature | FX Primus | patersons securities limited |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID) | AFS Licence 234666 |
| Founded | 2009 | 2015 |
| Country | Cyprus | United States |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between FX Primus and patersons securities 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 patersons securities limited). FX Primus charges withdrawal fees while patersons securities limited does not, a notable advantage for frequent withdrawers. FX Primus charges deposit fees; patersons securities limited does not. Overall, FX Primus scores higher on fees in our assessment.
| Feature | FX Primus | patersons securities limited |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | No | No |
Platforms
FX Primus offers MT4, MT5, cTrader, while patersons securities limited 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 Primus | patersons securities limited |
|---|---|---|
| MT4 | Yes | Yes |
| 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 | MT4, 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 patersons securities 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. patersons securities limited scores higher overall in education and research.
| Feature | FX Primus | patersons securities limited |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| 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 patersons securities limited supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). patersons securities limited uniquely supports PayPal and Skrill among the two brokers. patersons securities limited scores higher on deposit and withdrawal flexibility.
| Feature | FX Primus | patersons securities limited |
|---|---|---|
| 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 patersons securities 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.
| Feature | FX Primus | patersons securities limited |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Indonesian, Chinese, Thai, Vietnamese, Hungarian, and Malaysian | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |