FX Primus
XGLOBAL Markets
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 XGLOBAL Markets was established in 2008 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; XGLOBAL Markets has 10,000+. The minimum deposit is $100 at FX Primus and $500 at XGLOBAL Markets.
| Feature | FX Primus | XGLOBAL Markets |
|---|---|---|
| Min. Deposit | $100 | $500 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2009 | 2008 |
| Country | Cyprus | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between FX Primus and XGLOBAL Markets, directly affecting your bottom line as a trader. FX Primus has a lower barrier to entry with a minimum deposit of $100 (vs $500 at XGLOBAL Markets). Both brokers charge withdrawal fees. FX Primus charges deposit fees; XGLOBAL Markets does not. Overall, FX Primus scores higher on fees in our assessment.
| Feature | FX Primus | XGLOBAL Markets |
|---|---|---|
| Min. Deposit | $100 | $500 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | No | No |
Platforms
FX Primus offers MT4, MT5, cTrader, while XGLOBAL Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. FX Primus supports social and copy trading features, which XGLOBAL Markets does not offer. The two brokers are closely matched on platform offering.
| Feature | FX Primus | XGLOBAL Markets |
|---|---|---|
| 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 | Desktop,iOS,Android |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how FX Primus and XGLOBAL Markets compare. FX Primus runs regular live webinars; XGLOBAL Markets does not. Both provide video tutorials. FX Primus publishes daily market commentary; XGLOBAL Markets 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 | XGLOBAL Markets |
|---|---|---|
| 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 XGLOBAL Markets 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 | XGLOBAL Markets |
|---|---|---|
| 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 XGLOBAL Markets offer live chat support. Both provide phone support. Email support is available at both brokers. FX Primus supports 8 languages and XGLOBAL Markets supports 2, giving FX Primus broader global reach. Both brokers are comparable on support quality.
| Feature | FX Primus | XGLOBAL Markets |
|---|---|---|
| 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 |