FX Primus vs Bithumb, Who's Better?
FX Primus Rating
|
Bithumb Rating
|
Losses can exceed deposits |
Your capital is at risk |
FX Primus vs Bithumb Guide |
Read our In-Depth FX Primus vs Bithumb Review - Updated for 2024
Our review comparing FX Primus and Bithumb has been revised to reflect any changes for 2024 from seasoned professionals with years of expertise in CFDs, Forex, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of FX Primus vs Bithumb 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.
Bithumb Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare FX Primus vs Bithumb
All trading platforms feature some ups and downs, and a complete FX Primus and Bithumb review cannnot be regarded as thorough without adopting a balanced approach.
Compare Bithumb and FX Primus to understand how they line up with one another prior to you decide to open an account. Performing a side-by-side comparison helps to bring aspects in perspective to ensure that you remain aware of what to expect.
So you are looking for a broker and are choosing between FX Primus or Bithumb. Which one is best in 2024?
Our FX Primus vs Bithumb comparison contains the latest information so you can easily compare Bithumb against FX Primus.
If you're a new entrant in the realm of trading and brokerages, so many nuances will be confusing for you. Getting into the area of trading requires expert analyzing skills and comprehensive understanding. You'll acquire proficient at all the concepts of broker as you continue trading. For starters, you have to select the ideal broker who will be transparent with you always.
Within this fast-paced world of stock markets and trading, you'll need advice to make proper decisions. A professionally lead investment program has the potential to generate hefty returns. FX Primus and Bithumb are two such stages which will take you along with your investment into great heights. It's crucial that you compare FX Primus vs Bithumb before you trust them with your money.
Our FX Primus vs Bithumb comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust FX Primus and Bithumb side by side.
Our full FX Primus vs Bithumb Review covers all you will need to know about trading with either FX Primus or Bithumb. A fantastic broker can multiply your initial investments and give you favorable profits. If you want to earn profits, you must trade with a broker service that contrasts with your investing objectives.
There's absolutely no sure-fire way to guarantee profits; thus, you should carefully assess your agent before you choose them. It is a frequent misconception that all agents will be the same, but that is not true. Wrong judgment, initially, can set your investments in danger.
FX Primus and Bithumb are both brokers which have forged their way successfully into the brokerage world. Within this review, we have tried to collate a number of the vital aspects of both FX Primus and Bithumb. This review will allow you to understand whether either Bithumb or FX Primus is a fantastic fit for your own investments or not. We have tried to breakdown all of the qualities and fees for your advantage.
Benefits of FX Primus and Bithumb Compared
FX Primus has a minimum deposit of $100 while Bithumb offers a $500 minimum deposit.
Why smaller minimum deposits are good and how FX Primus and Bithumb 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 while Bithumb allows you to trade around 100 on their platform.
The more instruments you can trade on the FX Primus and Bithumb 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 seriously do not want to miss out on a trading opportunity due to the limitations of FX Primus or Bithumb.
FX Primus and Bithumb Contact Details
Being able to contact your broker simply is important. FX Primus and Bithumb have the following contact details and social medias that you can use.
Broker | FX Primus | Bithumb |
---|---|---|
Telephone Number | +357 25 030072 | |
support@fxprimus.com | ||
Address |  Kolonakiou 25, Office 102, Zavos Kolonakiou Center, 4103 Limassol, Cyprus | |
FX Primus Twitter Account | Bithumb Twitter Account | |
FX Primus Facebook Page | Bithumb Facebook Page | |
FX Primus Instagram Account | Bithumb Instagram Account | |
FX Primus LinkedIn Page | Bithumb LinkedIn Page | |
YouTube | FX Primus YouTube Channel | Bithumb YouTube Channel |
Find Out More |
|
|
Bithumb 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 Bithumb will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of both apps as Better than the average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
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 Bithumb - Awards
Broker | FX Primus | Bithumb |
---|---|---|
Awards |
FX Primus have won many industry awards over the years they have been running as a financial broker. We detail the most recognised awards for FX Primus here.
|
At the time of writing this Bithumb review, and despite Bithumb’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
|
|
FX Primus vs Bithumb - Frequently Asked Questions
FX Primus vs Bithumb - Headquarters And Year Of Founding
FX Primus was founded in 2009 and has its headquaters in Cyprus.
Bithumb was founded in 2009 and has its head office in Hong Kong.
What is the minimum deposit for Bithumb or FX Primus
The minimum deposit for FX Primus is $100.
The minimum deposit for Bithumb is $500.
Depending on your current situation, 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 Bithumb are a good option.
FX Primus vs Bithumb - Regulation And Licencing In More Detail
FX Primus is regulated by Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID).
Bithumb is regulated by Unregulated.
Bithumb is unregulated but FX Primus has a strong collection of rules for ensuring fair trading onto its platforms. For data encryption functions, they supply industry-standard secure socket layer (SSL).
In accordance with their privacy policy, client data is never to be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare FX Primus vs Bithumb Commission And Fees
FX Primus and Bithumb are online broker platforms, and most online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the companies of online brokerages are scaled much better. That is, an internet broker isn't necessarily affected by the number of customers they have.
But this doesn't necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for a variety of services to earn money. There are primarily 3 types of penalties for this purpose.
The first sort of fees to keep an eye out for are trading charges. When you make an actual trade, like buying a stock or an ETF, you are billed trading charges. In these instances, you are paying a spread, financing speed, or a commission. The kinds of trading charges and the rates differ from broker to broker.
Commissions could be fixed or determined by the traded volume. On the flip side, a spread refers to the difference between the buying and selling cost. Financing or overnight prices are those who are charged when you maintain a leveraged position for more than daily.
Apart from trading fees, online agents also charge non-trading fees. These are dependent on the activities you undertake on your account. They are charged for surgeries like depositing cash, not trading for lengthy periods, or withdrawals.
In general, neither FX Primus or Bithumb charge high fees compared to other online brokers. For operations other brokers fee for, they do not charge a broker fee, or they charge a smaller amount. This can be beneficial for people who regularly trade, for example daily or weekly trading.
But, non-trading fees charged by FX Primus and Bithumb are relatively greater. As a result, you're charged more for non-trading activities on your trading account, such as deposits and withdrawal. These are not about the sale and purchase of assets.
This FX Primus vs Bithumb review for 2024 breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees For FX Primus And Bithumb
Broker | FX Primus | Bithumb |
---|---|---|
Minimum Deposit | $100 | $500 |
Withdrawal Fees | Yes | No |
Inactivity Fees | No | No |
Deposit Fees | Yes | No |
CFD Fees | No | No |
Find Out More |
|
|
What Languages Do FX Primus And Bithumb Support?
Being able to communicate easily with your trading platform is a key way of comparing trading platforms to find your perfect trading partner. Not only for support but to be sure you completely understand everything on their site and inside their application as it is a key part of success when trading online.
Below you will find all the languages that both FX Primus and Bithumb support.
How Many Clients Do FX Primus and Bithumb Have?
Both FX Primus and Bithumb are well known and trusted. It is really important to work with a broker you can trust and one of the most simple ways of establishing this is by knowing how many customers are using their services.
Below you will find details of how many clients FX Primus and Bithumb are active on their platform
Broker | FX Primus | Bithumb |
---|---|---|
Clients / Users | 10,000+ | 10,000+ |
Find Out More |
|
|
What Payment Methods Do FX Primus and Bithumb Accept?
FX Primus and Bithumb 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 Bithumb
Broker | FX Primus | Bithumb |
---|---|---|
Bank Transfers | Yes | Yes |
Credit Cards | Yes | Yes |
PayPal | No | No |
Skrill | No | No |
Payoneer | Yes | Yes |
Neteller | Yes | No |
Find Out More |
|
|
What Can You Trade With FX Primus and Bithumb?
FX Primus offers 100 trading instruments while Bithumb offers 56.
Below you will find a full breakdown of what both FX Primus and Bithumb offer.
FX Primus Review
FX Primus vs Bithumb:
Table Of Contents
- Compare FX Primus vs Bithumb
- Benefits of FX Primus and Bithumb Compared
- Bithumb and FX Primus Mobile App Comparison
- FX Primus vs Bithumb - Awards
- FX Primus vs Bithumb - Frequently Asked Questions
- What is the minimum deposit for Bithumb or FX Primus
- FX Primus vs Bithumb - Regulation And Licencing In More Detail
- Compare Broker Fees For FX Primus And Bithumb
- What Languages Do FX Primus And Bithumb Support?
- How Many Clients Do FX Primus and Bithumb Have?
- What Payment Methods Do FX Primus and Bithumb Accept?
- What Can You Trade With FX Primus and Bithumb?