FX Primus vs Virtual Brokers, for 2024
FX Primus Rating
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Virtual Brokers Rating
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Losses can exceed deposits |
Your capital is at risk |
FX Primus vs Virtual Brokers Guide |
Read our In-Depth FX Primus vs Virtual Brokers Review - Updated for 2024
Our review comparing FX Primus and Virtual Brokers has been revised to reflect any changes for 2024 from seasoned professionals with extensive financial experience across Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of FX Primus vs Virtual Brokers 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.
Virtual Brokers Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare FX Primus vs Virtual Brokers
Every trading platforms feature a few ups and downs, so a complete analysis of FX Primus vs Virtual Brokers would not be complete without embracing an objective perspective.
Compare FX Primus and Virtual Brokers in order to understand just how these platforms compare with each other before you choose to create an account. Conducting a comprehensive comparison can bring aspects in perspective in order that you are informed about what to expect.
So you are looking for a reputable broker and are choosing between FX Primus or Virtual Brokers. Who is better in 2024?
This FX Primus vs Virtual Brokers comparison contains the most recent information so you can easily compare Virtual Brokers against FX Primus.
If you are a new entrant in the world of trading and brokerages, so many nuances will be confusing for you. Getting into the world of trading demands expert analyzing skills and thorough understanding. You'll get adept at all of the concepts of brokerage as you keep trading. For starters, you need to select the right broker who'll be transparent with you constantly.
Within this fast-paced universe of stock markets and trading, you will need guidance to make proper decisions. A professionally direct investment program has the potential to generate hefty returns. FX Primus and Virtual Brokers are just two such companies that will take you and your investment to great heights. It's important that you compare FX Primus vs Virtual Brokers until you trust them with your money.
Our FX Primus vs Virtual Brokers comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust FX Primus and Virtual Brokers side by side.
Our full FX Primus vs Virtual Brokers Review covers everything you need to know about trading using either FX Primus or Virtual Brokers. A good agent can multiply your initial investments and give you favorable profits. If you want to make profits, you must trade with a brokerage service that contrasts with your investment goals.
There's absolutely no sure-fire way to guarantee profits; thus, you should carefully assess your agent before you choose them. It's a frequent misconception that all brokers are the same, but that's not true. Wrong judgment, initially, can put your investments in danger.
FX Primus and Virtual Brokers are both brokers which have paved their way successfully to the broker world. Within this review, we have attempted to collate a number of the vital aspects of both FX Primus and Virtual Brokers. This review can allow you to understand whether either Virtual Brokers or FX Primus is a fantastic fit for your investments or not. We have attempted to breakdown all the features and fees for your convenience.
Benefits of FX Primus and Virtual Brokers Compared
FX Primus has a minimum deposit of $100 while Virtual Brokers offers a $1000 minimum deposit.
Why smaller minimum deposits are good and how FX Primus and Virtual Brokers 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 Virtual Brokers allows you to trade around 100 financial instruments on their platform.
The more instruments you can trade on the FX Primus and Virtual Brokers 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 Virtual Brokers.
FX Primus and Virtual Brokers Contact Details
Being able to contact your broker simply is a sign of a professional broker. FX Primus and Virtual Brokers have the following contact details and social medias that you can use.
Broker | FX Primus | Virtual Brokers |
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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 | Virtual Brokers Twitter Account | |
FX Primus Facebook Page | Virtual Brokers Facebook Page | |
FX Primus Instagram Account | Virtual Brokers Instagram Account | |
FX Primus LinkedIn Page | Virtual Brokers LinkedIn Page | |
YouTube | FX Primus YouTube Channel | Virtual Brokers YouTube Channel |
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Virtual Brokers 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 Virtual Brokers will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of the 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. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin 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 Virtual Brokers - Awards
Broker | FX Primus | Virtual Brokers |
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Awards |
FX Primus have won several industry awards over the years they have been operating as a financial broker. We show the most notable awards for FX Primus here.
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At the time of writing this Virtual Brokers review, and despite Virtual Brokers’s impressive offering, the company has surprisingly not garnered any awards to date. |
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FX Primus vs Virtual Brokers - Frequently Asked Questions
FX Primus vs Virtual Brokers - Headquarters And Year Of Founding
FX Primus was founded in 2009 and has its headquaters in Cyprus.
Virtual Brokers was founded in 2008 and has its head office in Canada.
What is the minimum deposit for Virtual Brokers or FX Primus
The minimum deposit for FX Primus is $100.
The minimum deposit for Virtual Brokers is $1000.
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 Virtual Brokers are a good choice.
FX Primus vs Virtual Brokers - Regulation And Licencing In More Detail
FX Primus is regulated by Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID).
Virtual Brokers is regulated by The Investment Industry Regulatory Organization of Canada (IIROC), Canadian Investor Protection Fund (CIPF).
Both FX Primus and Virtual Brokers have a strong set of rules for ensuring fair trading on their individual platforms. For information encryption purposes, they provide industry-standard secure socket layers (SSL).
As per their individual privacy policies, customer information is never to be shared with any other institutions or individuals. Including credit history and other financial information.
Compare FX Primus vs Virtual Brokers Commission And Fees
FX Primus and Virtual Brokers are online brokerage platforms, and many online brokerages charge lower prices than traditional brokerages tend to charge. The reason for this is that the businesses of online trading platforms are scaled better. That is, an online broker isn't necessarily influenced by the number of customers they have.
But 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 fees for this purpose.
The first sort of fees to look out for are trading fees. When you make an actual trade, like purchasing a stock or an ETF, you're charged trading charges. In these instances, you are spending a spread, funding speed, or a commission. The sorts of trading fees and the prices vary from broker to broker.
Commissions can be fixed or determined by the traded volume. On the flip side, a spread denotes the gap between the buying and selling price. Financing or overnight prices are those that are charged when you hold a leveraged position for more than daily.
Aside from trading fees, online brokers also charge non-trading fees. These are determined by the activities you undertake in your account. They're charged for surgeries like depositing money, not investing for lengthy periods, or withdrawals.
Generally, neither FX Primus or Virtual Brokers charge high fees compared to other online brokers. For operations other agents fee for, they do not charge a broker fee, or they charge a lesser amount. This is beneficial for people who often trade, such as daily or weekly trading.
However, non-trading fees billed by FX Primus and Virtual Brokers are comparatively higher. As a result, you're charged more for non-trading actions on your trading account, such as deposits and withdrawal. These aren't related to the sale and purchase of assets.
This FX Primus vs Virtual Brokers review for 2024 breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees For FX Primus And Virtual Brokers
What Languages Do FX Primus And Virtual Brokers Support?
Being able to chat easily with your trading broker is a key element when comparing brokers to find the best broker. Not only for support but to ensure you understand everything on their website and inside their app as it is a key part of success when trading forex.
Below you will find the languages that both FX Primus and Virtual Brokers support.
How Many Clients Do FX Primus and Virtual Brokers Have?
Both FX Primus and Virtual Brokers are well established with their customer base. 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 customers FX Primus and Virtual Brokers are active on their platform
Broker | FX Primus | Virtual Brokers |
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Clients / Users | 10,000+ | 10,000+ |
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What Payment Methods Do FX Primus and Virtual Brokers Accept?
FX Primus and Virtual Brokers 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 Virtual Brokers
What Can You Trade With FX Primus and Virtual Brokers?
FX Primus offers 100 trading instruments and Virtual Brokers offers 250.
Below you will find a full breakdown of what both FX Primus and Virtual Brokers offer.
FX Primus Review
FX Primus vs Virtual Brokers:
Table Of Contents
- Compare FX Primus vs Virtual Brokers
- Benefits of FX Primus and Virtual Brokers Compared
- Virtual Brokers and FX Primus Mobile App Comparison
- FX Primus vs Virtual Brokers - Awards
- FX Primus vs Virtual Brokers - Frequently Asked Questions
- What is the minimum deposit for Virtual Brokers or FX Primus
- FX Primus vs Virtual Brokers - Regulation And Licencing In More Detail
- Compare Broker Fees For FX Primus And Virtual Brokers
- What Languages Do FX Primus And Virtual Brokers Support?
- How Many Clients Do FX Primus and Virtual Brokers Have?
- What Payment Methods Do FX Primus and Virtual Brokers Accept?
- What Can You Trade With FX Primus and Virtual Brokers?