FX Primus vs XTB, Who's The Best?
Read our In-Depth FX Primus vs XTB Review - Updated for 2023
This comprehensive analysis of FX Primus and XTB has been refreshed for 2023 by knowledgeable insiders with considerable expertise across CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of FX Primus vs XTB 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.
XTB Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare FX Primus vs XTB
All trading platforms has certain pros and cons, so any comprehensive analysis of FX Primus vs XTB cannnot be regarded as thorough without having a balanced approach.
Assess XTB and FX Primus to get a better understanding of just how these platforms compare to one another before you choose to make an account. Conducting a comprehensive comparison will put things into perspective so that you are aware of what you should anticipate.
So you are looking for a broker and are choosing between FX Primus or XTB. Which one is best in 2023?
This FX Primus vs XTB comparison contains the latest information so you can easily compare XTB against FX Primus.
If you are a new entrant in the realm of trading and brokerages, so many nuances will be perplexing for you. Getting into the area of trading demands expert assessing skills and thorough understanding. You'll get proficient at all of the concepts of brokerage since you continue trading. For starters, you need to select the ideal agent who will be transparent with you always.
Within this fast-paced universe of stock markets and trading, you'll need guidance to make correct decisions. A professionally direct investment plan has the potential to generate hefty returns. FX Primus and XTB are two such companies which will take you along with your investment to great heights. It's crucial to compare FX Primus vs XTB until you trust them with your cash.
Our FX Primus vs XTB comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust FX Primus and XTB side by side.
Our entire FX Primus vs XTB Review covers all you will need to learn about trading using either FX Primus or XTB. A good broker can multiply your first investments and provide you positive profits. If you would like to make profits, you should trade with a broker service that aligns with your investment objectives.
There is no sure-fire way to guarantee profits; thus, you must carefully assess your broker before you choose them. It's a frequent misconception that all agents are the same, but that is not true. Wrong judgment, in the beginning, can set your investments in danger.
FX Primus and XTB are both brokers which have paved their way successfully into the broker world. Within this review, we've tried to collate some of the vital facets of both FX Primus and XTB. This review will allow you to understand whether either XTB or FX Primus is a good fit for your own investments or not. We have attempted to breakdown all the features and fees for your convenience.
Benefits of FX Primus and XTB Compared
FX Primus has a minimum deposit of $100 while XTB has a $0 minimum deposit.
Why smaller minimum deposits are good and how FX Primus and XTB 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 XTB has around 100 financial instruments on their platform.
The more instruments you can trade on the FX Primus and XTB 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 XTB.
FX Primus and XTB Contact Details
Being able to contact a broker simply is important. FX Primus and XTB have the following contact details and social medias that you can use.
|Telephone Number||+357 25 030072||020 3695 3085|
|Address||┬áKolonakiou 25, Office 102, Zavos Kolonakiou Center, 4103 Limassol, Cyprus||Level 9, One Canada Square, Canary Wharf, E14 5AA|
|FX Primus Twitter Account||XTB Twitter Account|
|FX Primus Facebook Page||XTB Facebook Page|
|FX Primus Instagram Account||XTB Instagram Account|
|FX Primus LinkedIn Page||XTB LinkedIn Page|
|YouTube||FX Primus YouTube Channel||XTB YouTube Channel|
|Find Out More||
XTB 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 XTB we'll check whether either of their mobile apps tick all the boxes.
We rate overall 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.
While most brokers are good at this, there are some poor ones. 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 XTB - Awards
FX Primus have won many industry awards over the time they have been operating as a financial broker. We list the most notable awards for FX Primus here.
XTB have won a lot of industry awards over the years they have been running as an online broker. We list the most recognised awards for XTB below.
|Find Out More||
FX Primus vs XTB - Frequently Asked Questions
FX Primus vs XTB - Headquarters And Year Of Founding
FX Primus was founded in 2009 and has its headquaters in Cyprus.
XTB was founded in 2002 and has its headquaters in Poland.
What is the minimum deposit for XTB or FX Primus
The minimum deposit for FX Primus is $100.
The minimum deposit for XTB is $0.
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 XTB are a good choice.
FX Primus vs XTB - Regulation And Licencing In More Detail
FX Primus is regulated by Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID).
XTB is regulated by Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisi├ó╦å┼í├óÔÇ░┬Ñn Nacional del Mercado de Valores, Komisja Nadzoru Finansowego.
Both FX Primus and XTB have a powerful collection of rules for ensuring fair trading on their platforms. For data encryption purposes, they supply industry-standard secure socket layers (SSL).
As per their privacy regulations, customer data is to not be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare FX Primus vs XTB Commission And Fees
FX Primus and XTB are online broker platforms, and most online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the businesses of online trading platforms are scaled much better. In other words, an online broker isn't necessarily affected by the amount of customers they have.
However, this doesn't necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for various services to make money. There are primarily three different types of fees for this objective.
The first kind of charges to keep an eye out for are trading charges. When you make a genuine trade, like purchasing a stock or an ETF, you're billed trading charges. In such instances, you are spending a spread, funding rate, or a commission. The sorts of trading charges and the prices differ from broker to broker.
Commissions could 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 rates are those that are charged when you hold a leveraged position for longer than daily.
Apart from trading fees, online agents also bill non-trading fees. These are dependent on the activities you undertake on your account. They're billed for operations like depositing money, not investing for long periods, or withdrawals.
In general, neither FX Primus or XTB charge high fees in comparison to other online brokers. For operations other brokers charge for, they either do not charge a broker fee, or they charge a lesser 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 XTB are relatively competitive. Consequently, you're billed more for non-trading actions on your trading accounts, like deposits and withdrawal. These are not related to the purchase and sale of resources.
This FX Primus vs XTB review for 2023 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For FX Primus And XTB
What Languages Do FX Primus And XTB Support?
Being able to talk easily with your trading broker is a key part of comparing online brokers to find your perfect broker. Not only for support but to be sure you understand everything on their site and inside their application as it is a key part of success when trading forex.
Below you can find the languages that both FX Primus and XTB offer communication in.
How Many Clients Do FX Primus and XTB Have?
Both FX Primus and XTB are well established with their customer base. It is important to work with an online broker you can trust 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 XTB are working with
What Payment Methods Do FX Primus and XTB Accept?
FX Primus and XTB 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 XTB
What Can You Trade With FX Primus and XTB?
FX Primus offers 100 trading instruments and XTB offers 1,500.
Below you will find a full breakdown of what both FX Primus and XTB offer.
FX Primus Review
FX Primus vs XTB:
Table Of Contents
- Compare FX Primus vs XTB
- Benefits of FX Primus and XTB Compared
- XTB and FX Primus Mobile App Comparison
- FX Primus vs XTB - Awards
- FX Primus vs XTB - Frequently Asked Questions
- What is the minimum deposit for XTB or FX Primus
- FX Primus vs XTB - Regulation And Licencing In More Detail
- Compare Broker Fees For FX Primus And XTB
- What Languages Do FX Primus And XTB Support?
- How Many Clients Do FX Primus and XTB Have?
- What Payment Methods Do FX Primus and XTB Accept?
- What Can You Trade With FX Primus and XTB?