FX Primus
Swissquote
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Overview
FX Primus was founded in 2009 and is headquartered in Cyprus, while Swissquote was established in 1999 and is based in Switzerland. FX Primus holds licences including Cyprus Securities and Exchange Commission (CySEC), while Swissquote is regulated by Financial Conduct Authority (FCA) among others. FX Primus serves 10,000+ clients worldwide; Swissquote has 300,000+. The minimum deposit is $100 at FX Primus and $0 at Swissquote.
| Feature | FX Primus | Swissquote |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID) | Financial Conduct Authority (FCA) |
| Founded | 2009 | 1999 |
| Country | Cyprus | Switzerland |
| Clients | 10,000+ | 300,000+ |
Fees
Fees are a critical factor when choosing between FX Primus and Swissquote, directly affecting your bottom line as a trader. Swissquote has a lower barrier to entry with a minimum deposit of $0 (vs $100 at FX Primus). FX Primus charges withdrawal fees while Swissquote does not, a notable advantage for frequent withdrawers. FX Primus charges deposit fees; Swissquote does not. Overall, Swissquote scores higher on fees in our assessment.
| Feature | FX Primus | Swissquote |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | No | No |
Platforms
FX Primus offers MT4, MT5, cTrader, while Swissquote supports 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. FX Primus edges ahead on platform breadth and functionality in our scoring.
| Feature | FX Primus | Swissquote |
|---|---|---|
| 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 | MT4, MT5, ZuluTrade, 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 Swissquote compare. FX Primus runs regular live webinars; Swissquote does not. Both provide video tutorials. FX Primus publishes daily market commentary; Swissquote 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 | Swissquote |
|---|---|---|
| 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 Swissquote 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 | Swissquote |
|---|---|---|
| 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 Swissquote 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 | Swissquote |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Indonesian, Chinese, Thai, Vietnamese, Hungarian, and Malaysian | English, German, French, Italian, Spanish, Arabic, Russian, and Chinese |