FX Primus vs eToro, for 2023
Read our In-Depth FX Primus vs eToro Review - for 2023
This FX Primus vs eToro review has been revised to reflect any changes for 2023 by knowledgeable insiders boasting considerable expertise in Forex, Social Trading, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of FX Primus vs eToro 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.
eToro Excluded Countries
Iran, Democratic Peoples Republic of Korea, Belgium, Canada, Japan, Syrian Arab Republic, Turkey, Israel, Belarus, Albania, Republic of Moldova, North Macedonia, Serbia, Guinea, Democratic Republic of the Congo, Sudan, Zimbabwe, Ethiopia, Ghana, Tanzania, Libya, Uganda, Zambia, Botswana, Rwanda, Tunisia, Somalia, Namibia, Togo, Sierra Leone, Liberia, Gambia, Djibouti, Ivory Coast, Pakistan, Brunei Darussalam, Taiwan, Province of China, Samoa, Nepal, Singapore, US Virgin Islands, Turkmenistan, Tajikistan, Uzbekistan, Sri Lanka, Trinidad and Tobago, Haiti, Myanmar, Bhutan, Marshall Islands, Maldives, Kazakhstan, Grenada, Fiji, Barbados, Bermuda, Bahamas, Antigua and Barbuda, Anguilla, Aruba, Lebanon, El Salvador, United States of America, Paraguay, Honduras, Guatemala, Puerto Rico, Nicaragua, British Virgin Islands, and Netherlands Antilles.
Compare FX Primus vs eToro
Every platforms for online trading will have certain ups and downs, and any comprehensive analysis of FX Primus vs eToro would not be complete without adopting an objective perspective.
Assess FX Primus and eToro to get a better understanding of the way they line up against one another prior to you create an account. Performing a side-by-side comparison helps to put things into perspective in order that you are cognizant of the expectations.
So you are looking for a reputable broker and are choosing between FX Primus or eToro. Who is better in 2023?
Our FX Primus vs eToro comparison contains the latest information so you can easily compare eToro against FX Primus.
If you are a new entrant in the world of trading and brokerages, so many facts will be perplexing for you. Getting into the world of trading demands expert analyzing skills and comprehensive knowledge. You'll get adept at all of the concepts of broker as you continue trading. For starters, you need to select the ideal broker who'll be transparent with you constantly.
In this fast-paced universe of stock markets and trading, you'll need guidance to make correct decisions. A professionally lead investment program has the potential to create hefty returns. FX Primus and eToro are just two such platforms that will take you along with your investment into great heights. It is important to compare FX Primus vs eToro before you trust them with your cash.
Our FX Primus vs eToro comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust FX Primus and eToro side by side.
Our full FX Primus vs eToro Review covers all you will need to learn about trading using either FX Primus or eToro. A fantastic agent can multiply your initial investments and give you positive profits. If you would like to make profits, you should trade with a broker service that aligns with your investing goals.
There is no sure-fire method to guarantee profits; thus, you should carefully assess your broker before you choose them. It is a frequent misconception that all brokers are the same, but that's not correct. Wrong judgment, initially, can put your investments at risk.
FX Primus and eToro are both brokers which have found their way successfully to the broker world. In this review, we have attempted to collate a number of the important aspects of both FX Primus and eToro. This review will help you to know whether either eToro or FX Primus is a fantastic match for your investments or not. We've attempted to breakdown all the features and fees for your convenience.
Benefits of FX Primus and eToro Compared
FX Primus has a minimum deposit of $100 while eToro has a $50 minimum deposit.
Why smaller minimum deposits are good and how FX Primus and eToro 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 eToro allows you to trade around 100 financial instruments available.
The more financial instruments you can trade on the FX Primus and eToro 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 eToro.
FX Primus and eToro Contact Details
Being able to contact a broker through many ways is vital. FX Primus and eToro have the following contact details and social medias that you can use.
|
||
---|---|---|
Broker | FX Primus | eToro |
Telephone Number | +357 25 030072 | |
support@fxprimus.com | support@etoro.com | |
Address |  Kolonakiou 25, Office 102, Zavos Kolonakiou Center, 4103 Limassol, Cyprus | 24th floor, One Canada Square, Canary Wharf, London, E14 5AB |
FX Primus Twitter Account | eToro Twitter Account | |
FX Primus Facebook Page | eToro Facebook Page | |
FX Primus Instagram Account | eToro Instagram Account | |
FX Primus LinkedIn Page | eToro LinkedIn Page | |
YouTube | FX Primus YouTube Channel | eToro YouTube Channel |
Find Out More |
|
|
eToro 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.
In this part of our comparison of FX Primus and eToro 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 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 eToro - Awards
|
||
---|---|---|
Broker | FX Primus | eToro |
Awards |
FX Primus have won numerous industry awards over the time they have been running as a financial broker. We show the most recognised awards for FX Primus here.
|
eToro have won numerous industry awards over the time they have been running as an online broker. We detail the most notable awards for eToro here.
|
Find Out More |
|
|
FX Primus vs eToro - Frequently Asked Questions
FX Primus vs eToro - Headquarters And Year Of Founding
FX Primus was founded in 2009 and has its head office in Cyprus.
eToro was founded in 2007 and has its head office in Cyprus, UK.
What is the minimum deposit for eToro or FX Primus
The minimum deposit for FX Primus is $100.
The minimum deposit for eToro is $50.
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 eToro are a good choice.
FX Primus vs eToro - Regulation And Licencing In More Detail
FX Primus is regulated by Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID).
eToro is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).
Both FX Primus and eToro have a powerful collection of rules for ensuring honest trading on their individual platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).
In accordance with their individual 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 eToro Commission And Fees
FX Primus and eToro 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. In other words, an online broker isn't necessarily influenced by the amount of customers they have.
However, this does not mean that online brokers do not charge any fees. They charge fees of varying rates for various services to earn money. There are primarily 3 types of fees for this objective.
The first kind of fees to look out for are trading charges. When you make an actual trade, like purchasing a stock or an ETF, you're billed trading fees. In such instances, you're spending a spread, funding speed, or a commission. The kinds of trading fees and the prices vary from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the flip side, a spread refers to the difference between the buying and selling cost. Financing or overnight rates are those who are charged when you hold a leveraged position for longer than daily.
Apart from trading charges, online brokers also bill non-trading fees. These are determined by the activities you undertake in your account. They are charged for operations like depositing cash, not trading for long periods, or withdrawals.
In general, neither FX Primus or eToro charge high fees compared to other online agents. For operations other agents fee for, they do not charge a broker fee, or they charge a lesser amount. This can be beneficial for people who often exchange, for example daily or weekly trading.
But, non-trading fees billed by FX Primus and eToro are relatively competitive. Consequently, you are billed more for non-trading activities on your trading account, like deposits and withdrawal. These are not related to the sale and purchase of resources.
This FX Primus vs eToro review for 2023 breaks down each of the applicable non-trading fees for you in detail.
Compare Broker Fees For FX Primus And eToro
What Languages Do FX Primus And eToro Support?
Being able to chat completely with your online broker is a key part of comparing online brokers to find your perfect broker. Not only for support but to ensure you completely understand everything on their website and inside their app as it is a key part of success when trading forex.
Below you will find all the languages that both FX Primus and eToro support.
How Many Clients Do FX Primus and eToro Have?
Both FX Primus and eToro are well known and trusted. It is really important to work with a broker that is professional and one of the easiest ways of understanding this is by knowing how many customers they already work with.
Below you will find details of how many users FX Primus and eToro are active on their platform
What Payment Methods Do FX Primus and eToro Accept?
FX Primus and eToro 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 eToro
What Can You Trade With FX Primus and eToro?
FX Primus offers 100 trading instruments while eToro offers 100.
Below you will find a full breakdown of what both FX Primus and eToro offer.
FX Primus Review
FX Primus vs eToro:
Table Of Contents
- Compare FX Primus vs eToro
- Benefits of FX Primus and eToro Compared
- eToro and FX Primus Mobile App Comparison
- FX Primus vs eToro - Awards
- FX Primus vs eToro - Frequently Asked Questions
- What is the minimum deposit for eToro or FX Primus
- FX Primus vs eToro - Regulation And Licencing In More Detail
- Compare Broker Fees For FX Primus And eToro
- What Languages Do FX Primus And eToro Support?
- How Many Clients Do FX Primus and eToro Have?
- What Payment Methods Do FX Primus and eToro Accept?
- What Can You Trade With FX Primus and eToro?