FX Primus vs IG, for 2024

Compare FX Primus vs IG

Every online trading platforms feature some advantages and disadvantages, and any comprehensive FX Primus and IG review should not be regarded as thorough without embracing a balanced approach.

Compare FX Primus and IG to get a better understanding of how these platforms compare to each other prior to you choose to open an account. A side-by-side comparison will bring aspects 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 IG. Who should you choose?

Our FX Primus vs IG comparison contains the most recent information so you can easily compare IG against FX Primus.

If you are a new entrant in the world of trading and brokers, so many facts will be confusing for you. Getting into the world of trading requires expert assessing skills and comprehensive knowledge. You will acquire proficient at all of the concepts of broker as you continue trading. For starters, you have to choose the ideal broker who'll be transparent with you always.

Within this fast-paced universe of stock markets and trading, you'll need advice to make proper decisions. A professionally lead investment plan has the potential to create hefty returns. FX Primus and IG are just two such trading platforms that will take you along with your investment to great heights. It is important to compare FX Primus vs IG until you trust them with your cash.

Our FX Primus vs IG comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust FX Primus and IG side by side.

Our full FX Primus vs IG Review covers everything you will need to know about trading with either FX Primus or IG. A fantastic broker can multiply your first investments and provide you favorable profits. If you would like to earn profits, you must trade with a broker service that aligns with your investment objectives.

There is no sure-fire way to guarantee profits; therefore, you must carefully analyze your agent before you choose them. It's a frequent misconception that all agents will be the same, but that's not correct. Wrong judgment, initially, can set your investments in danger.

FX Primus and IG are both brokers that have found their way successfully into the broker world. In this review, we have tried to collate some of the important facets of both FX Primus and IG. This review can allow you to understand whether either IG or FX Primus is a good fit for your own investments or not. We've tried to breakdown all of the features and fees for your advantage.

Benefits of FX Primus and IG Compared

FX Primus offers a minimum deposit of $100 while IG has a $200 minimum deposit.

Why smaller minimum deposits are good and how FX Primus and IG 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 IG has around 100 financial instruments available.

The more instruments you can trade on the FX Primus and IG 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 IG.

FX Primus and IG Contact Details

Being able to contact your broker simply is vital. FX Primus and IG have the following contact details and social medias that you can use.

IG 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.

In this part of our comparison of FX Primus and IG we'll check whether either of their mobile apps tick all the boxes.

Overall, we rate the user-friendliness of the apps as better than average.

It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.

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 IG - Awards

FX Primus vs IG - Frequently Asked Questions

FX Primus vs IG - Headquarters And Year Of Founding

FX Primus was founded in 2009 and has its head office in Cyprus.

IG was founded in 1974 and has its head office in UK.

What is the minimum deposit for IG or FX Primus

The minimum deposit for FX Primus is $100.

The minimum deposit for IG is $200.

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 IG are a good option.

FX Primus vs IG - Regulation And Licencing In More Detail

FX Primus is regulated by Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID).

IG is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC).

Both FX Primus and IG have a powerful set of rules for ensuring fair trading on their own platforms. For data encryption functions, they provide industry-standard secure socket layers (SSL).

As per their own privacy regulations, client data is to not be shared with any other institutions or individuals. This includes credit history and other financial details.

Compare FX Primus vs IG Commission And Fees

FX Primus and IG are online broker platforms, and most online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the companies of online brokerages are scaled better. That is, an internet broker is not necessarily influenced by the number of clients they have.

However, this does not necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to earn money. There are primarily 3 types of penalties for this objective.

The first sort of charges to look out for are trading charges. Whenever you make an actual trade, like purchasing a stock or an ETF, you are charged trading charges. In these instances, you're spending a spread, financing speed, or a commission. The kinds of trading charges and the prices vary from broker to broker.

Commissions could be fixed or dependent on the traded volume. On the flip side, a spread denotes the gap between the buying and selling cost. Financing or overnight rates are people that are billed when you hold a leveraged position for more than a day.

Aside from trading charges, online agents also bill non-trading fees. These are determined by the actions you undertake on your account. They are billed for surgeries like depositing money, not investing for long periods, or withdrawals.

Generally, neither FX Primus or IG charge high fees compared to other online agents. For operations other agents fee for, they either do not charge a broker fee, or they charge a lesser sum. This is beneficial for people who regularly trade, for example daily or weekly trading.

However, non-trading fees charged by FX Primus and IG are relatively higher. As a result, you're charged more for non-trading activities on your trading accounts, such as withdrawal and deposits. These aren't related to the purchase and sale of assets.

This FX Primus vs IG review for 2024 breaks down every one of the applicable non-trading charges for you in detail.

Compare Broker Fees For FX Primus And IG

What Languages Do FX Primus And IG Support?

Being able to chat completely with your online broker is a key element when comparing trading platforms 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 will find the languages that both FX Primus and IG offer communication in.

How Many Clients Do FX Primus and IG Have?

Both FX Primus and IG are well established with their customer base. It is important to work with an online broker that is professional 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 users FX Primus and IG have

What Payment Methods Do FX Primus and IG Accept?

FX Primus and IG 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 IG

What Can You Trade With FX Primus and IG?

FX Primus offers 100 trading instruments and IG offers 10,000.

Below you will find a full breakdown of what both FX Primus and IG offer.