FX Primus vs Eightcap, 2024 Update
Read our In-Depth FX Primus vs Eightcap Review - 2024 Update
This FX Primus vs Eightcap review has been revised for 2024 by seasoned professionals with considerable financial experience in Social Trading, Forex, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of FX Primus vs Eightcap 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.
Eightcap Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare FX Primus vs Eightcap
All online trading platforms will have a few pros and cons, so any comprehensive review of FX Primus and Eightcap cannnot be regarded as thorough without having an objective perspective.
Assess FX Primus and Eightcap to understand the way these platforms compare with each other prior to you decide to open an account. A side-by-side comparison will put things into perspective so that you're cognizant of what to expect.
So you are looking for a broker and are choosing between FX Primus or Eightcap. Who should you choose?
Our FX Primus vs Eightcap comparison contains the latest information so you can easily compare Eightcap against FX Primus.
If you are a new entrant in the realm of trading and brokers, so many nuances will be confusing for you. Getting into the world of trading requires expert analyzing skills and comprehensive knowledge. You will get adept at all of the concepts of brokerage as you continue trading. For starters, you need to choose the ideal broker who'll be clear with you always.
In this fast-paced universe of stock markets and trading, you will need advice to make correct decisions. A professionally lead investment program has the potential to generate hefty returns. FX Primus and Eightcap are two such platforms that will take you and your investment to great heights. It's crucial to compare FX Primus vs Eightcap until you trust them with your cash.
Our FX Primus vs Eightcap comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust FX Primus and Eightcap side by side.
Our entire FX Primus vs Eightcap Review covers everything you need to know about trading using either FX Primus or Eightcap. A good agent can multiply your initial investments and give you positive profits. If you would like to earn profits, you should trade with a brokerage service that aligns with your investment objectives.
There is no sure-fire way to guarantee profits; thus, you should carefully assess your broker before you choose them. It is a frequent misconception that all brokers are exactly the same, but that is not true. Wrong judgment, in the beginning, can put your investments in danger.
FX Primus and Eightcap are both brokers that have forged their way successfully into the brokerage world. Within this review, we've tried to collate some of the vital aspects of both FX Primus and Eightcap. This review can allow you to know whether either Eightcap or FX Primus is a good fit for your own investments or not. We have tried to breakdown all the features and charges for your advantage.
Benefits of FX Primus and Eightcap Compared
FX Primus offers a minimum deposit of $100 while Eightcap has a $100 minimum deposit.
Why smaller minimum deposits are good and how FX Primus and Eightcap 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 Eightcap has around 100 financial instruments available.
The more financial instruments you can trade on the FX Primus and Eightcap 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 Eightcap.
FX Primus and Eightcap Contact Details
Being able to contact an online trading platform through many ways is important. FX Primus and Eightcap have the following contact details and social medias that you can use.
Broker | FX Primus | Eightcap |
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Telephone Number | +357 25 030072 | +61 3 8373 4800 |
support@fxprimus.com | customerservice@eightcap.com | |
Address |  Kolonakiou 25, Office 102, Zavos Kolonakiou Center, 4103 Limassol, Cyprus | Level 6, 360 Collins St, Melbourne, Victoria 3000, AU |
FX Primus Twitter Account | Eightcap Twitter Account | |
FX Primus Facebook Page | Eightcap Facebook Page | |
FX Primus Instagram Account | Eightcap Instagram Account | |
FX Primus LinkedIn Page | Eightcap LinkedIn Page | |
YouTube | FX Primus YouTube Channel | Eightcap YouTube Channel |
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Eightcap 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 Eightcap will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of both apps as Better than the 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 only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
FX Primus vs Eightcap - Awards
Broker | FX Primus | Eightcap |
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Awards |
FX Primus have won numerous industry awards over the years they have been operating as an online broker. We detail the most recognised awards for FX Primus below.
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Eightcap have won many industry awards over the time they have been operating as a financial broker. We show the most recognised awards for Eightcap here.
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Find Out More |
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FX Primus vs Eightcap - Frequently Asked Questions
FX Primus vs Eightcap - Headquarters And Year Of Founding
FX Primus was founded in 2009 and has its headquaters in Cyprus.
Eightcap was founded in 2009 and has its headquaters in Australia.
What is the minimum deposit for Eightcap or FX Primus
The minimum deposit for FX Primus is $100.
The minimum deposit for Eightcap 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 Eightcap are a good choice.
FX Primus vs Eightcap - Regulation And Licencing In More Detail
FX Primus is regulated by Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID).
Eightcap is regulated by Australian Securities and Investment Commission (ASIC).
Both FX Primus and Eightcap have a powerful set of rules for ensuring honest trading on their own platforms. For information encryption purposes, they provide industry-standard secure socket layers (SSL).
In accordance with their own privacy policies, client data is never to be shared with any other institutions or individuals. Including credit history and other financial information.
Compare FX Primus vs Eightcap Commission And Fees
FX Primus and Eightcap are online brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the businesses of online brokerages are scaled much better. In other words, an online broker isn't necessarily affected by the number of clients they have.
However, this doesn't 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 three different types of penalties for this objective.
The first kind of charges to look out for are trading charges. Whenever you make an actual trade, like purchasing a stock or an ETF, you're billed trading charges. In these instances, you're paying a spread, financing rate, or a commission. The kinds of trading fees and the prices differ from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the other hand, a spread refers to the difference between the buying and selling price. Financing or overnight prices are people that are billed when you maintain a leveraged position for longer than a day.
Apart from trading fees, online agents also bill non-trading fees. These are determined by the activities you undertake in your account. They are billed for surgeries like depositing cash, not investing for lengthy periods, or withdrawals.
In general, neither FX Primus or Eightcap charge high fees compared to other online agents. For operations other agents charge for, they either do not charge a brokerage fee, or they charge a smaller sum. This is beneficial for people who regularly trade, such as weekly or daily trading.
However, non-trading fees charged by FX Primus and Eightcap are comparatively lower. As a result, you are billed more for non-trading activities on your trading accounts, like withdrawal and deposits. These aren't related to the sale and purchase of assets.
This FX Primus vs Eightcap review for 2024 breaks down each of the applicable non-trading fees for you in detail.
Compare Broker Fees For FX Primus And Eightcap
What Languages Do FX Primus And Eightcap Support?
Being able to chat easily with your online broker is a key element when comparing brokers to find your perfect trading partner. Not only for support but to be sure you understand everything on their website and inside their app as it is a key part of success when trading online.
Here you can find all the languages that both FX Primus and Eightcap offer communication in.
How Many Clients Do FX Primus and Eightcap Have?
Both FX Primus and Eightcap are well established with their customer base. It is really important to work with an online broker that is reputable and one of the easiest ways of understanding this is by knowing how many clients are using their services.
Below you will find details of how many clients FX Primus and Eightcap have
What Payment Methods Do FX Primus and Eightcap Accept?
FX Primus and Eightcap 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 Eightcap
What Can You Trade With FX Primus and Eightcap?
FX Primus offers 100 trading instruments whilst Eightcap offers 100.
Below you will find a full breakdown of what both FX Primus and Eightcap offer.
FX Primus Review
FX Primus vs Eightcap:
Table Of Contents
- Compare FX Primus vs Eightcap
- Benefits of FX Primus and Eightcap Compared
- Eightcap and FX Primus Mobile App Comparison
- FX Primus vs Eightcap - Awards
- FX Primus vs Eightcap - Frequently Asked Questions
- What is the minimum deposit for Eightcap or FX Primus
- FX Primus vs Eightcap - Regulation And Licencing In More Detail
- Compare Broker Fees For FX Primus And Eightcap
- What Languages Do FX Primus And Eightcap Support?
- How Many Clients Do FX Primus and Eightcap Have?
- What Payment Methods Do FX Primus and Eightcap Accept?
- What Can You Trade With FX Primus and Eightcap?