FX Primus vs Barclays, Who's Better?
FX Primus Rating
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Barclays Rating
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Losses can exceed deposits |
Your capital is at risk |
FX Primus vs Barclays Guide |
Read our In-Depth FX Primus vs Barclays Review - for 2024
This FX Primus vs Barclays review has been refreshed for 2024 from seasoned professionals with extensive financial experience in CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of FX Primus vs Barclays does not apply to all countries as follows:
FX Primus Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Barclays Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare FX Primus vs Barclays
All trading platforms has some advantages and disadvantages, so a complete FX Primus and Barclays review cannnot be regarded as thorough without adopting an objective perspective.
Compare FX Primus and Barclays to get a better understanding of the way they compare to each other before you choose to make an account. Conducting a comprehensive comparison will put things in perspective so that you remain aware of what to expect.
So you are looking for a professional broker and are choosing between FX Primus or Barclays. Who is better in 2024?
Our FX Primus vs Barclays comparison contains the latest information so you can easily compare Barclays against FX Primus.
If you are a new entrant in the realm of trading and brokers, so many nuances will be perplexing for you. Getting into the world of trading requires expert analyzing skills and comprehensive knowledge. You'll get adept at all the concepts of brokerage as you keep trading. For starters, you need to select the ideal agent who'll be clear with you constantly.
In this fast-paced universe of stock markets and trading, you'll need guidance to make proper decisions. A professionally direct investment plan has the potential to generate hefty returns. FX Primus and Barclays are two such platforms which will take you and your investment to great heights. It's crucial to compare FX Primus vs Barclays before you trust them with your money.
Our FX Primus vs Barclays comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust FX Primus and Barclays side by side.
Our entire FX Primus vs Barclays Review covers everything you will need to know about trading with either FX Primus or Barclays. A good agent can multiply your first investments and provide you favorable profits. If you would like to earn profits, you should trade with a broker service that contrasts with your investing goals.
There is no sure-fire way to ensure profits; therefore, you should carefully analyze your agent before you choose them. It is a common misconception that all brokers will be the same, but that's not correct. Wrong judgment, in the beginning, can put your investments at risk.
FX Primus and Barclays are both brokers that have found their way successfully to the brokerage world. Within this review, we have attempted to collate a number of the important aspects of both FX Primus and Barclays. This review will allow you to know whether either Barclays or FX Primus is a fantastic match for your own investments or not. We have attempted to breakdown all of the features and charges for your advantage.
Benefits of FX Primus and Barclays Compared
FX Primus offers a minimum deposit of $100 while Barclays offers a $0 minimum deposit.
Why smaller minimum deposits are good and how FX Primus and Barclays compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
FX Primus has around 100 financial instruments whilst Barclays has around 100 financial instruments available.
The more financial instruments you can trade on the FX Primus and Barclays trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you never want to miss out on a trading opportunity due to the limitations of FX Primus or Barclays.
FX Primus and Barclays Contact Details
Being able to contact a broker easily is important. FX Primus and Barclays have the following contact details and social medias that you can use.
Broker | FX Primus | Barclays |
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Telephone Number | +357 25 030072 | |
support@fxprimus.com | ||
Address |  Kolonakiou 25, Office 102, Zavos Kolonakiou Center, 4103 Limassol, Cyprus | |
FX Primus Twitter Account | Barclays Twitter Account | |
FX Primus Facebook Page | Barclays Facebook Page | |
FX Primus Instagram Account | Barclays Instagram Account | |
FX Primus LinkedIn Page | Barclays LinkedIn Page | |
YouTube | FX Primus YouTube Channel | Barclays YouTube Channel |
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Barclays and FX Primus Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
In this part of our comparison of FX Primus and Barclays we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of the apps as Better than the average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
While most brokers are good at this, there are some poor ones. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
FX Primus vs Barclays - Awards
Broker | FX Primus | Barclays |
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Awards |
FX Primus have won many industry awards over the time they have been operating as an online trading platform. We show the most recognised awards for FX Primus below.
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At the time of writing this Barclays review, and despite Barclays’s impressive offering, the company has surprisingly not garnered any awards to date. |
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FX Primus vs Barclays - Frequently Asked Questions
FX Primus vs Barclays - Headquarters And Year Of Founding
FX Primus was founded in 2009 and has its head office in Cyprus.
Barclays was founded in 2011 and has its head office in United Kingdom.
What is the minimum deposit for Barclays or FX Primus
The minimum deposit for FX Primus is $100.
The minimum deposit for Barclays is $0.
Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both FX Primus and Barclays are a good choice.
FX Primus vs Barclays - Regulation And Licencing In More Detail
FX Primus is regulated by Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID).
Barclays is regulated by Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA).
Both FX Primus and Barclays have a strong set of rules for ensuring honest trading onto their platforms. For data encryption purposes, they supply industry-standard secure socket layers (SSL).
In accordance with their own privacy regulations, customer data is to not be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare FX Primus vs Barclays Commission And Fees
FX Primus and Barclays are online brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the companies of online brokerages are scaled better. In other words, an online broker isn't necessarily affected by the number of customers they have.
But this does not mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to make money. There are mainly three different types of fees for this purpose.
The first sort of fees to look out for are trading fees. When you make an actual trade, like purchasing a stock or an ETF, you're charged trading fees. In such instances, you are paying a spread, financing rate, or a commission. The sorts of trading charges and the rates vary from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the other hand, a spread denotes the difference between the buying and selling price. Funding or overnight prices are people who are billed when you maintain a leveraged position for more than daily.
Apart from trading charges, online brokers also bill non-trading fees. These are determined by the actions you undertake in your accounts. They are charged for operations like depositing money, not trading for long periods, or withdrawals.
In general, neither FX Primus or Barclays charge high fees in comparison to other online brokers. For operations other brokers charge for, they do not charge a brokerage fee, or they charge a lesser sum. This is beneficial for those who often trade, such as weekly or daily trading.
However, non-trading fees charged by FX Primus and Barclays are comparatively lower. As a result, you are billed more for non-trading activities on your trading accounts, such as withdrawal and deposits. These aren't about the purchase and sale of assets.
This FX Primus vs Barclays review for 2024 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For FX Primus And Barclays
Broker | FX Primus | Barclays |
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Minimum Deposit | $100 | $0 |
Withdrawal Fees | Yes | No |
Inactivity Fees | No | No |
Deposit Fees | Yes | No |
CFD Fees | No | No |
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What Languages Do FX Primus And Barclays Support?
Being able to chat completely with your trading platform is a key part of comparing online brokers to find your perfect broker. Not only for support but to ensure you completely understand everything on their site and inside their app as it is a key part of success when trading online.
Here you will find the languages that both FX Primus and Barclays support.
How Many Clients Do FX Primus and Barclays Have?
Both FX Primus and Barclays are well established with their client base. It is really important to work with a broker that is reputable and one of the most simple ways of establishing this is by knowing how many clients are using their services.
Below you will find details of how many customers FX Primus and Barclays are working with
Broker | FX Primus | Barclays |
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Clients / Users | 10,000+ | 10,000+ |
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What Payment Methods Do FX Primus and Barclays Accept?
FX Primus and Barclays both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at FX Primus and Barclays
Broker | FX Primus | Barclays |
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Bank Transfers | Yes | Yes |
Credit Cards | Yes | Yes |
PayPal | No | No |
Skrill | No | No |
Payoneer | Yes | Yes |
Neteller | Yes | No |
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What Can You Trade With FX Primus and Barclays?
FX Primus offers 100 trading instruments and Barclays offers 41.
Below you will find a full breakdown of what both FX Primus and Barclays offer.
FX Primus Review
FX Primus vs Barclays:
Table Of Contents
- Compare FX Primus vs Barclays
- Benefits of FX Primus and Barclays Compared
- Barclays and FX Primus Mobile App Comparison
- FX Primus vs Barclays - Awards
- FX Primus vs Barclays - Frequently Asked Questions
- What is the minimum deposit for Barclays or FX Primus
- FX Primus vs Barclays - Regulation And Licencing In More Detail
- Compare Broker Fees For FX Primus And Barclays
- What Languages Do FX Primus And Barclays Support?
- How Many Clients Do FX Primus and Barclays Have?
- What Payment Methods Do FX Primus and Barclays Accept?
- What Can You Trade With FX Primus and Barclays?