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FXPRIMUS , Libertex Broker Comparison

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

In the table below, you can compare the features of FXPRIMUS , Libertex 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
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1 : 500
from 0 Pips
0.00
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Libertex
6.49
Regulated
Under guarantee
10-15 years
CYSEC
Paypal,P24,MASTER,Multibanco,Neteller,online transfer,Skrill,Bank transfer,Trustly,EPS,VISA,iDEAL,Blik,PayPal
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Libertex CFD,Libertex Portfolio
Forex, cryptocurrencies, stock indices, agricultural commodities, stocks, metals, oil and gas, ETFs
100 Euro
1:30
from 0.0
0.00
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FXPRIMUS 、 Libertex BrokerRelated News

FXPRIMUS 、 Libertex 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 libertex 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
libertex
LibertexReview Summary
Founded2012
Registered Country/RegionCyprus
RegulationRegualted
Market InstrumentsStock CFDS, cryptocurrencies, forex, metals, indices, commodities, ETFs, Bonds
Demo Account
LeverageUp to 1:30
SpreadFrom 0.0 pips
Trading PlatformMT4/MT5/Libertex(desktop, mobile, and online web trading terminals)
Min Deposit€30
Customer SupportLive chat
Tel:+357 22 025 100+490800 0002226 (Germany only)
Email:support@help.libertex.com
Regional RestrictionsLibertex.com provides investment services only in the European Union, European Economic Area and Switzerland

Libertex Information

Libertex is a regulated broker, offering trading on Stock CFDS, cryptocurrencies, forex, metals, indices, commodities, ETFs and Bonds with leverage up to 1:30 and spread from 0.0 pips on MT4/MT5/Libertex trading platforms available at desktop, mobile, and online web trading terminals . The minimum deposit requirement is €30.

Libertex Information

Pros and Cons

Pros Cons
With demo accountLibertex.com provides investment services only in the European Union, European Economic Area and Switzerland
Various trading products
MT4/MT5 platform

Is Libertex Legit?

Yes. Libertex is licensed by CySEC to offer services.

Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
Cyprus Securities and Exchange CommissionRegulated Indication Investments LtdMarket Maker (MM)164/12
Is Libertex Legit?

What Can I Trade on Libertex?

Tradable Instruments Supported
Stock CFDS
Cryptocurrencies
Forex
Metals
Indices
Commodities
ETFs
Bonds
What Can I Trade on Libertex?

Account Type

Here are two account types Libertex offers:

Account TypeMin Deposit
Libertex Portfolio $10-50
Libertex CFD$10-50
Demo
Account Type
Account Type

Leverage

The broker offers max leverage at 1:30. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital.

Libertex Fees

Trading Fees

The broker requires no fees for trades or inactivity.

Libertex Fees

Libertex Spreads

The broker offers spreads from 0.0 pips.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4Desktop, mobile, online web traderBeginners
MT5Desktop, mobile, online web traderExperienced trader
Libertex Desktop, mobile, online web trader

Deposit and Withdrawal

Deposit - Paypal, visa and mastercard, iDEAL, Trustly, skrill, bank wire, Multibanco, P24, Blik, EPS online transfer, Neteller;

Withdrawal - bank ware, PayPal, visa and mastercard, Skrill, Neteller ;

Deposit and withdrawal

Bank wire transfers 2-5 business days;

All other methods instant or 1-2 hours;

Withdrawal fees

The minimum withdrawal amount is €0 for bank transfers and €10 for other methods.

Do fxprimus and libertex 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 libertex 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 libertex the spread is from 0.0.

Which broker between fxprimus, libertex 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. libertex is regulated by CYSEC.

Which broker between fxprimus, libertex 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 --; libertex offers the Libertex CFD,Libertex Portfolio platform featuring assets including Forex, cryptocurrencies, stock indices, agricultural commodities, stocks, metals, oil and gas, ETFs.

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