FX Primus vs Plus500, for 2023

Compare FX Primus vs Plus500

Each trading platforms will have some advantages and disadvantages, and a complete analysis of FX Primus vs Plus500 cannnot be complete without adopting an objective perspective.

Assess FX Primus and Plus500 in order to understand how these platforms compare with each other before you choose to create an account. A comparative analysis will put things into perspective so that you remain informed about what to expect.

So you are looking for a reputable broker and are choosing between FX Primus or Plus500. Who is better in 2023?

This FX Primus vs Plus500 comparison contains the most recent information so you can easily compare Plus500 against FX Primus.

If you are a new entrant in the world of trading and brokers, so many nuances will be confusing for you. Getting into the area of trading demands expert assessing skills and comprehensive understanding. You'll get adept at all the concepts of brokerage since you continue trading. For starters, you have to select the ideal agent who will be clear with you constantly.

In this fast-paced world of stock markets and trading, you will need advice to make correct decisions. A professionally lead investment program has the potential to create hefty returns. FX Primus and Plus500 are just two such trading platforms which will take you along with your investment into great heights. It is crucial that you compare FX Primus vs Plus500 before you trust them with your cash.

Our FX Primus vs Plus500 comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust FX Primus and Plus500 side by side.

Our full FX Primus vs Plus500 Review covers all you will need to know about trading using either FX Primus or Plus500. A fantastic agent can multiply your initial investments and give you favorable profits. If you want to earn profits, you must trade with a brokerage service that contrasts with your investment goals.

There is no sure-fire way to guarantee profits; therefore, you should carefully analyze your broker before you choose them. It's a frequent misconception that all brokers are exactly the same, but that is not correct. Wrong judgment, initially, can put your investments in danger.

FX Primus and Plus500 are both brokers that have forged their way successfully into the broker world. In this review, we've tried to collate a number of the vital facets of both FX Primus and Plus500. This review can help you to know whether either Plus500 or FX Primus is a fantastic match for your investments or not. We have tried to breakdown all the qualities and charges for your convenience.

Benefits of FX Primus and Plus500 Compared

FX Primus has a minimum deposit of $100 while Plus500 offers a $100 minimum deposit.

Why smaller minimum deposits are good and how FX Primus and Plus500 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 Plus500 has around 100 available.

The more financial instruments you can trade on the FX Primus and Plus500 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 Plus500.

FX Primus and Plus500 Contact Details

Being able to contact your broker simply is vital. FX Primus and Plus500 have the following contact details and social medias that you can use.

Plus500 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.

This part of comparing FX Primus and Plus500 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 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 Plus500 - Awards

FX Primus vs Plus500 - Frequently Asked Questions

FX Primus vs Plus500 - Headquarters And Year Of Founding

FX Primus was founded in 2009 and has its headquaters in Cyprus.

Plus500 was founded in 2008 and has its headquaters in Israel.

What is the minimum deposit for Plus500 or FX Primus

The minimum deposit for FX Primus is $100.

The minimum deposit for Plus500 is $100.

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 Plus500 are a good choice.

FX Primus vs Plus500 - Regulation And Licencing In More Detail

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

Plus500 is regulated by Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546.

Both FX Primus and Plus500 have a strong collection of rules for ensuring honest trading on 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 information.

Compare FX Primus vs Plus500 Commission And Fees

FX Primus and Plus500 are online broker platforms, and many online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the businesses of online trading platforms are scaled better. In other words, an online broker is not necessarily affected by the number of customers they have.

However, this does not necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to make money. There are primarily three 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 buying a stock or an ETF, you are billed trading charges. In these instances, you're paying a spread, funding rate, or even a commission. The kinds of trading charges and the rates differ from broker to broker.

Commissions could be fixed or dependent on the traded volume. On the other hand, a spread denotes the gap between the buying and selling cost. Financing or overnight prices are people who are charged when you hold a leveraged position for more than a day.

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

In general, neither FX Primus or Plus500 charge high fees compared to other online brokers. For operations other brokers charge for, they do not charge a brokerage fee, or they charge a smaller sum. This can be beneficial for people who regularly exchange, for example weekly or daily trading.

But, non-trading fees billed by FX Primus and Plus500 are comparatively higher. Consequently, you are billed more for non-trading actions in your trading account, such as deposits and withdrawal. These are not related to the purchase and sale of assets.

This FX Primus vs Plus500 review for 2023 breaks down each of the relevant non-trading charges for you in detail.

Compare Broker Fees For FX Primus And Plus500

What Languages Do FX Primus And Plus500 Support?

Being able to communicate completely with your online broker is a key way of comparing trading platforms to find your perfect broker. Not only for support but to ensure you understand everything on their site and inside their application as it is a key factor to success when trading online.

Below you can find all the languages that both FX Primus and Plus500 support.

How Many Clients Do FX Primus and Plus500 Have?

Both FX Primus and Plus500 are well established with their customer base. It is important to work with an online broker that is reputable and one of the easiest ways of establishing this is by knowing how many clients are using their services.

Below you will find details of how many users FX Primus and Plus500 are active on their platform

What Payment Methods Do FX Primus and Plus500 Accept?

FX Primus and Plus500 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 Plus500

What Can You Trade With FX Primus and Plus500?

FX Primus offers 100 trading instruments while Plus500 offers 2,000.

Below you will find a full breakdown of what both FX Primus and Plus500 offer.