FX Primus
Robinhood
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Overview
FX Primus was founded in 2009 and is headquartered in Cyprus, while Robinhood was established in 2013 and is based in USA. FX Primus holds licences including Cyprus Securities and Exchange Commission (CySEC), while Robinhood is regulated by Financial Conduct Authority (FCA) among others. FX Primus serves 10,000+ clients worldwide; Robinhood has 10,000,000+. The minimum deposit is $100 at FX Primus and $0 at Robinhood.
| Feature | FX Primus | Robinhood |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID) | Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) |
| Founded | 2009 | 2013 |
| Country | Cyprus | USA |
| Clients | 10,000+ | 10,000,000+ |
Fees
Fees are a critical factor when choosing between FX Primus and Robinhood, directly affecting your bottom line as a trader. Robinhood has a lower barrier to entry with a minimum deposit of $0 (vs $100 at FX Primus). FX Primus charges withdrawal fees while Robinhood does not, a notable advantage for frequent withdrawers. FX Primus charges deposit fees; Robinhood does not. Overall, Robinhood scores higher on fees in our assessment.
| Feature | FX Primus | Robinhood |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | No | Yes |
Platforms
FX Primus offers MT4, MT5, cTrader, while Robinhood supports 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. FX Primus edges ahead on platform breadth and functionality in our scoring.
| Feature | FX Primus | Robinhood |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | No |
| 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 | Web Trader, 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 Robinhood 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. Robinhood scores higher overall in education and research.
| Feature | FX Primus | Robinhood |
|---|---|---|
| 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 Robinhood supports 1 (bank transfer). FX Primus uniquely supports credit/debit card and Neteller among the two brokers. FX Primus scores higher on deposit and withdrawal flexibility.
| Feature | FX Primus | Robinhood |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | No |
| 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 Robinhood offer live chat support. FX Primus offers phone support; Robinhood does not. Email support is available at both brokers. FX Primus supports 8 languages and Robinhood supports 13, giving Robinhood broader global reach. FX Primus scores higher overall on customer support in our assessment.
| Feature | FX Primus | Robinhood |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | No |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Indonesian, Chinese, Thai, Vietnamese, Hungarian, and Malaysian | English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, Romana, Turkce |