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FXPRIMUS , FOREX EXCHANGE Broker Comparison

Do you want to know which is the better broker between FXPRIMUS and FOREX EXCHANGE ?

In the table below, you can compare the features of FXPRIMUS , FOREX EXCHANGE side by side to determine the best fit for your needs.

  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Relevant Exposures
  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Relevant Exposures
 2 / 3  forex brokers comparison in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Est. Date
Regulatory License
MT4
MT5
Crypto
Deposit/Withdrawal Methods
Trading Env.
Trading Environment Rating
Execution Speed
Trading Speed Rating
Average Execution Speed
Minimum Execution Latency
Minimum Open Latency
Minimum Close Latency
Maximum Execution Latency
Maximum Open Latency
Maximum Close Latency
Slippage
Slippage Rating
Average Slippage
Max Slippage
Maximum Positive Slippage
Maximum Negative Slippage
Trading Cost
Trading Cost Rating
  • Average Trading Cost
  • (EURUSD)
  • Average Trading Cost
  • (XAUUSD)
Swap
Swap Rating
  • Average Trading Cost
  • (EURUSD)
  • Average Trading Cost
  • (XAUUSD)
Disconnection Instances
Disconnection Rating
Avg. Disconnection Frequency (/day)
Avg. Reconnection Time
Account Info
Accounts
Account Name
Trading Instruments
Minimum Deposit
Maximum Leverage
Typical Spread
Stop-Out Level
Spread Types
Minimum Trade Size
Crypto
Lock Position
Scalping
EA Trading
FXPRIMUS
2.49
Frequent Complaint
Under guarantee
10-15 years
CYSEC,FSCA,VFSC
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--
--
--
--
--
--
--
--
--
PrimusZERO,PrimusCLASSIC,PrimusCENT,PrimusPRO
--
--
1 : 500
from 0 Pips
0.00
--
--
--
FOREX EXCHANGE
8.27
Regulated
Under guarantee
--
15-20 years
FSA
--
--
--
--
--
--
--
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FXPRIMUS BrokerRelated News

FXPRIMUS 、 FOREX EXCHANGE BrokerRelevant Exposures

Which broker is more reliable?

To evaluate a broker's reliability and trustworthiness, consider the following four factors:

1.Forex broker introduction。

2.Do fxprimus and forex-exchange have lower transaction costs?

3.Which broker is safer?

4.Which broker offers the best trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction

fxprimus
FXPRIMUS Review Summary
Founded2009
Registered Country/RegionCyprus
RegulationCYSEC
Market InstrumentsForex, Equities, Energies, Precious Metals, Indices, Cryptocurrencies, Stocks
Demo Account
LeverageUp to 1:1000
SpreadFrom 1.5 pips (PrimusCLASSIC account)
Trading PlatformsMT4, MT5, WebTrader
Minimum Deposit$15
Customer SupportContact form, live chat 24/5
Email: support@fxprimus.com
Facebook, Twitter, Instagram, LinkedIn, YouTube
Address: Govant Building, BP 1276, Port Vila, Vanuatu
Kolonakiou 57, Linopetra, 4103, Limassol Cyprus

FXPRIMUS is a CySEC-regulated retail forex and CFD broker, founded in 2009 and headquartered in Cyprus. FXPRIMUS offers trading on diverse financial instruments including Forex, Equities, Energies, Precious Metals, Indices, Cryptocurrencies, and Stocks. It provides different account types with $15 minimum deposits and flexible leverages. As to trading platforms, MT4, MT5, and WebTrader are supported.

FXPRIMUS' homepage

Pros and Cons

ProsCons
Regulated by CYSECExpired license with the FSCA
Diverse customer support channelsOffshore license with the VFSC
Demo accounts availableHigh leverage risks
A wide range of products
Diverse account types
Low minimum deposit
Flexible leverage ratios
Multiple trading platforms

Is FXPRIMUS Legit?

Yes, FXPRIMUS is regulated by CySEC. However, please note that it has an expired license with the FSCA and an offshore license with the VFSC.

Regulated CountryRegulated AuthorityCurrent StatusRegulated EntityLicense TypeLicense Number
Cyprus
The Cyprus Securities and Exchange Commission (CySEC)RegulatedPrimus Global LtdMarket Maker (MM)261/14
South Africa
The Financial Sector Conduct Authority (FSCA)ExpiredPRIMUS AFRICA (PTY) LTDFinancial Service Corporate46675
Vanuatu
The Vanuatu Financial Services Commission (VFSC)Offshore RegulatedPrimus Markets INTL LimitedRetail Forex License14595
Regulated by CySEC
Expired FSCA license
Offshore regulated by VFSC

What Can I Trade on FXPRIMUS?

On FXPRIMUS, you can trade with Forex, Equities, Energies, Precious Metals, Indices, Cryptocurrencies, and Stocks.

Tradable InstrumentsSupported
Forex
Energies
Metals
Indices
Cryptocurrencies
Stocks
Bonds
Options
ETFs
Mutual Funds
What Can I Trade on FXPRIMUS?

Account Type

Account TypeMinimum Deposit
PrimusCLASSIC$15 USD
PrimusPRO$500 USD
PrimusZERO$1,000 USD

Leverage

The maximum leverage is up to 1:1000 for PrimusCLASSIC account. Note that high leverage can amplify both profits and losses.

Account TypeMaximum Leverage
PrimusCLASSIC1:1000
PrimusPRO1:500
PrimusZERO1:500
Leverage

Spreads and Commissions

Spreads and commissions vary on the account type, detailed info are as follows:

The PrimusCLASSICaccounthas no commission fees, both starting from 1.5 pips for the average spread.

ThePrimusPRO account offers a lower spread starting from 0.3 pips, but with a commission of $8 (on MT5).

ThePrimusZERO account has the lowest spread, starting from 0 pips, and charges a commission of $5.

Account TypeSpreadCommission
PrimusCLASSICFrom 1.5 pips
PrimusPROFrom 0.3 pips$8 (MT5)
PrimusZEROFrom 0 pips$5

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
MT4Windows, iOS, AndroidBeginners
MT5Windows, iOS, MAC, AndroidExperienced traders
WebTrader//
Trading Platform
forex-exchange
FOREX EXCHANGEReview Summary
Founded2004
Registered Country/RegionJapan
RegulationRegulated
Market InstrumentsCurrencies
Demo Account
Leverage/
Spread/
Trading PlatformMT4
Min Deposit/
Customer SupportPhone: 0120-555-729
Email: support@forex-exchange.co.jp
Physical Address: 〒 103-0025Tokyo chuo ward kaya, the nihonbashi 2-1-1 second securities pavilion

FOREX EXCHANGE Information

FOREX EXCHANGE, incorporated in Japan in 2004. Currently regulated by the FSA, it allows traders to trade currency pairs through MT4 and supports free trading fees. But it did not provide specific information about the accounts.

FOREX EXCHANGE Information

Pros and Cons

Pros Cons
Regulated by FOREX EXCHANGENo account details
Support MT4
Transaction fee, stop loss fee and account maintenance fee are 0 yen

Is FOREX EXCHANGE Legit?

Regulated Country/Region
Is FOREX EXCHANGE Legit?
Regulated AuthorityFSA
Regulated EntityFOREX EXCHANGE株式会社
License TypeRetail Forex License
License Number関東財務局長(金商)第293号
Current StatusRegulated
Is FOREX EXCHANGE Legit?

What Can I Trade on FOREX EXCHANGE?

It can mainly trade 25 currencies.

Tradable Instruments Supported
Currencies
Precious metals & Commodities
Indices
Stocks
Bonds
ETF
What Can I Trade on FOREX EXCHANGE?

Account Types

The account opening process is as follows, consisting of four steps. You may refer to:

Account Types

FOREX EXCHANGE Fees

Transaction fee, stop loss fee and account maintenance fee are 0 yen. Deposits of more than 1 billion yen will be charged.

FOREX EXCHANGE Fees

Trading Platform

FOREX EXCHANGE offers MT4 for trading on desktop, mobile and tablet.

Trading PlatformSupported Available Devices Suitable for
MT4Desktop, Mobile, TabletBeginner
MT5
Trading Platform

Deposit and Withdrawal

Withdrawals must be made from the website and can only be made in Japanese yen.

The withdrawal fee is free in principle. For withdrawals of less than 10,000 yen and withdrawals of more than 5 times per month, 540 yen will be charged per withdrawal.

The money will be remitted to your registered financial institution account within 4 working days.

Deposit and Withdrawal

Deposits can be made through regular bank transfers and fast deposits, with no minimum amount limit. Payment in Japanese yen only.

Deposit and Withdrawal

Do fxprimus and forex-exchange have lower transaction costs?

To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).

To get a comprehensive understanding of how cheap or expensive fxprimus and forex-exchange are, we first considered common fees for standard accounts. On fxprimus, the average spread for the EUR/USD currency pair is from 0 Pips pips, while on forex-exchange the spread is --.

Which broker between fxprimus, forex-exchange is safer?

To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.

fxprimus is regulated by CYSEC,FSCA,VFSC. forex-exchange is regulated by FSA.

Which broker between fxprimus, forex-exchange provides better trading platform?

When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.

fxprimus provides the PrimusZERO,PrimusCLASSIC,PrimusCENT,PrimusPRO platform with products like --; forex-exchange offers the -- platform featuring assets including --.

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