FX Primus vs Bitfinex, Who's Better?
FX Primus Rating
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Bitfinex Rating
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Losses can exceed deposits |
Your capital is at risk |
FX Primus vs Bitfinex Guide |
Read our In-Depth FX Primus vs Bitfinex Review - Updated for 2024
This review comparing FX Primus and Bitfinex has been updated to reflect any changes for 2024 by knowledgeable insiders boasting significant financial experience across CFDs, Forex, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of FX Primus vs Bitfinex 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.
Bitfinex Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare FX Primus vs Bitfinex
Each online trading platforms has certain advantages and disadvantages, so a complete FX Primus and Bitfinex review cannnot be complete without having a fair assessment.
Compare Bitfinex and FX Primus in order to understand how these platforms line up with each prior to you choose to make an account. Performing a side-by-side comparison can bring aspects in perspective so that you're informed about what you should anticipate.
So you are looking for a professional broker and are choosing between FX Primus or Bitfinex. Who should you choose?
Our FX Primus vs Bitfinex comparison contains the latest information so you can easily compare Bitfinex against FX Primus.
If you're a new entrant in the world of trading and brokers, so many nuances will be perplexing for you. Getting into the area of trading demands expert assessing skills and comprehensive understanding. You will get proficient at all of the concepts of broker since you continue trading. For starters, you need to select the right broker who'll be transparent with you constantly.
In this fast-paced world of stock markets and trading, you will need guidance to make correct decisions. A professionally lead investment plan has the potential to generate hefty returns. FX Primus and Bitfinex are two such platforms which will take you along with your investment into great heights. It's important that you compare FX Primus vs Bitfinex before you trust them with your money.
Our FX Primus vs Bitfinex comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust FX Primus and Bitfinex side by side.
Our full FX Primus vs Bitfinex Review covers all you need to know about trading using either FX Primus or Bitfinex. A good broker can multiply your initial investments and give you positive profits. If you would like to earn profits, you must trade with a broker service that aligns with your investing objectives.
There's absolutely no sure-fire way to ensure profits; therefore, you should carefully analyze your broker before you choose them. It's a common misconception that all brokers will be the same, but that is not correct. Wrong judgment, in the beginning, can put your investments in danger.
FX Primus and Bitfinex are both brokers which have forged their way successfully to the brokerage world. In this review, we've tried to collate some of the important facets of both FX Primus and Bitfinex. This review will help you to understand whether either Bitfinex or FX Primus is a good match for your own investments or not. We've attempted to breakdown all of the features and fees for your advantage.
Benefits of FX Primus and Bitfinex Compared
FX Primus has a minimum deposit of $100 while Bitfinex has a $100 minimum deposit.
Why smaller minimum deposits are good and how FX Primus and Bitfinex 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 allows you to trade around 100 financial instruments whilst Bitfinex has around 100 financial instruments available.
The more instruments you can trade on the FX Primus and Bitfinex 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 should never want to miss out on a trading opportunity due to the limitations of FX Primus or Bitfinex.
FX Primus and Bitfinex Contact Details
Being able to contact an online trading platform through many ways is important. FX Primus and Bitfinex have the following contact details and social medias that you can use.
Broker | FX Primus | Bitfinex |
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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 | Bitfinex Twitter Account | |
FX Primus Facebook Page | Bitfinex Facebook Page | |
FX Primus Instagram Account | Bitfinex Instagram Account | |
FX Primus LinkedIn Page | Bitfinex LinkedIn Page | |
YouTube | FX Primus YouTube Channel | Bitfinex YouTube Channel |
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Bitfinex and FX Primus Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
This part of comparing FX Primus and Bitfinex will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of the apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. 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 Bitfinex - Awards
Broker | FX Primus | Bitfinex |
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Awards |
FX Primus have won many industry awards over the time they have been operating as a financial broker. We detail the most recognised awards for FX Primus below.
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At the time of writing this Bitfinex review, and despite Bitfinex’s impressive offering, the company has surprisingly not garnered any awards to date. |
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FX Primus vs Bitfinex - Frequently Asked Questions
FX Primus vs Bitfinex - Headquarters And Year Of Founding
FX Primus was founded in 2009 and has its head office in Cyprus.
Bitfinex was founded in 2015 and has its head office in New Zealand.
What is the minimum deposit for Bitfinex or FX Primus
The minimum deposit for FX Primus is $100.
The minimum deposit for Bitfinex is $100.
Depending on your circumstances, 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 Bitfinex are a good choice.
FX Primus vs Bitfinex - Regulation And Licencing In More Detail
FX Primus is regulated by Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID).
Bitfinex is regulated by Financial Services Provider (FSP).
Both FX Primus and Bitfinex have a strong set of rules for ensuring fair trading on their own platforms. For information encryption purposes, they supply industry-standard secure socket layers (SSL).
As per their own privacy policies, client information is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare FX Primus vs Bitfinex Commission And Fees
FX Primus and Bitfinex are online brokerage platforms, and many online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the businesses of online brokerages are scaled much better. That is, an online broker isn't necessarily affected by the number of clients they have.
However, this does not necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to earn money. There are mainly three different types of fees for this purpose.
The first kind of charges to keep an eye out for are trading charges. When you make an actual trade, like purchasing a stock or an ETF, you're charged trading charges. In such cases, you're paying a spread, financing rate, or a commission. The sorts of trading fees and the prices vary from broker to broker.
Commissions could be fixed or determined by the traded quantity. On the flip side, a spread refers to the gap between the buying and selling cost. Funding or overnight prices are people who are billed when you maintain a leveraged position for longer than daily.
Apart from trading fees, online brokers also charge non-trading fees. These are determined by the activities you undertake on your account. They're charged for surgeries like depositing cash, not investing for lengthy periods, or withdrawals.
Generally, neither FX Primus or Bitfinex charge high fees in comparison to other online brokers. For operations other agents charge for, they either do not charge a brokerage fee, or they charge a lesser amount. This is beneficial for those who regularly exchange, such as weekly or daily trading.
But, non-trading fees charged by FX Primus and Bitfinex are relatively greater. As a result, you are charged more for non-trading actions on your trading account, such as withdrawal and deposits. These aren't about the sale and purchase of assets.
This FX Primus vs Bitfinex review for 2024 breaks down each of the applicable non-trading charges for you in detail.
Compare Broker Fees For FX Primus And Bitfinex
Broker | FX Primus | Bitfinex |
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Minimum Deposit | $100 | $100 |
Withdrawal Fees | Yes | Yes |
Inactivity Fees | No | No |
Deposit Fees | Yes | No |
CFD Fees | No | No |
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What Languages Do FX Primus And Bitfinex Support?
Being able to chat easily with your trading broker is a key way of comparing online brokers to find your perfect trading partner. Not only for support but to ensure you understand everything on their site and inside their application as it is a key part of success when trading online.
Here you can find all the languages that both FX Primus and Bitfinex support.
How Many Clients Do FX Primus and Bitfinex Have?
Both FX Primus and Bitfinex are well established with their client base. It is important to work with a broker that is professional and one of the most simple ways of understanding this is by knowing how many customers are using their services.
Below you will find details of how many customers FX Primus and Bitfinex are active on their platform
Broker | FX Primus | Bitfinex |
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Clients / Users | 10,000+ | 10,000+ |
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What Payment Methods Do FX Primus and Bitfinex Accept?
FX Primus and Bitfinex 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 Bitfinex
Broker | FX Primus | Bitfinex |
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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 Bitfinex?
FX Primus offers 100 trading instruments whilst Bitfinex offers 55.
Below you will find a full breakdown of what both FX Primus and Bitfinex offer.
FX Primus Review
FX Primus vs Bitfinex:
Table Of Contents
- Compare FX Primus vs Bitfinex
- Benefits of FX Primus and Bitfinex Compared
- Bitfinex and FX Primus Mobile App Comparison
- FX Primus vs Bitfinex - Awards
- FX Primus vs Bitfinex - Frequently Asked Questions
- What is the minimum deposit for Bitfinex or FX Primus
- FX Primus vs Bitfinex - Regulation And Licencing In More Detail
- Compare Broker Fees For FX Primus And Bitfinex
- What Languages Do FX Primus And Bitfinex Support?
- How Many Clients Do FX Primus and Bitfinex Have?
- What Payment Methods Do FX Primus and Bitfinex Accept?
- What Can You Trade With FX Primus and Bitfinex?