FX Primus vs freetrade, Who's Better?
FX Primus Rating
Losses can exceed deposits
The value of investments can go up as well as down and you may receive back less than your original investment.
FX Primus vs freetrade Guide
Read our In-Depth FX Primus vs freetrade Review - 2023 Update
This comprehensive analysis of FX Primus and freetrade has been updated for 2023 from industry experts boasting considerable expertise across Social Trading, Forex, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of FX Primus vs freetrade 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.
freetrade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, United States of America, and Afghanistan.
Compare FX Primus vs freetrade
Every online trading platforms feature some advantages and disadvantages, so a complete review of FX Primus and freetrade cannnot be regarded as thorough without adopting an objective perspective.
Compare freetrade and FX Primus in order to understand just how they line up with one another before you create an account. A comprehensive comparison helps to put things in perspective in order that you are cognizant of what to expect.
So you are looking for a broker and are choosing between FX Primus or freetrade. Who should you choose?
Our FX Primus vs freetrade comparison contains the most recent information so you can easily compare freetrade against FX Primus.
If you are a new entrant in the world of trading and brokers, so many details will be confusing for you. Getting into the area of trading requires expert analyzing skills and thorough understanding. You'll get proficient at all the concepts of broker since you keep trading. For starters, you need to select the right broker who'll be clear with you constantly.
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 generate hefty returns. FX Primus and freetrade are two such companies which will take you along with your investment to great heights. It is crucial to compare FX Primus vs freetrade before you trust them with your cash.
Our FX Primus vs freetrade comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust FX Primus and freetrade side by side.
Our entire FX Primus vs freetrade Review covers all you need to learn about trading with either FX Primus or freetrade. A good agent can multiply your initial investments and give you positive profits. If you would like to earn profits, you must trade with a brokerage service that contrasts with your investing objectives.
There's absolutely no sure-fire way to ensure profits; therefore, you should carefully assess your broker before you choose them. It's a common misconception that all agents will be the same, but that's not correct. Wrong judgment, in the beginning, can put your investments at risk.
FX Primus and freetrade are both brokers that have found their way successfully into the brokerage world. Within this review, we've attempted to collate some of the vital aspects of both FX Primus and freetrade. This review can allow you to know whether either freetrade or FX Primus is a fantastic match for your own investments or not. We've attempted to breakdown all of the features and fees for your convenience.
Benefits of FX Primus and freetrade Compared
FX Primus offers a minimum deposit of $100 while freetrade has a $0 minimum deposit.
Why smaller minimum deposits are good and how FX Primus and freetrade 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 freetrade allows you to trade around 100 financial instruments on their platform.
The more financial instruments you can trade on the FX Primus and freetrade 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 freetrade.
FX Primus and freetrade Contact Details
Being able to contact an online trading platform through many ways is important. FX Primus and freetrade have the following contact details and social medias that you can use.
|Telephone Number||+357 25 030072||+44 203 488 2539|
|Address||┬áKolonakiou 25, Office 102, Zavos Kolonakiou Center, 4103 Limassol, Cyprus||68 Hanbury St, London, Greater London E1 5JL, GB|
|FX Primus Twitter Account||freetrade Twitter Account|
|FX Primus Facebook Page||freetrade Facebook Page|
|FX Primus Instagram Account||freetrade Instagram Account|
|FX Primus LinkedIn Page||freetrade LinkedIn Page|
|YouTube||FX Primus YouTube Channel||freetrade YouTube Channel|
|Find Out More||
freetrade 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 freetrade we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of both 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. 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 freetrade - 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 below.
freetrade have won a lot of industry awards over the time they have been operating as an online broker. We show the most recognised awards for freetrade below.
|Find Out More||
FX Primus vs freetrade - Frequently Asked Questions
FX Primus vs freetrade - Headquarters And Year Of Founding
FX Primus was founded in 2009 and has its head office in Cyprus.
freetrade was founded in 2016 and has its head office in United Kingdom.
What is the minimum deposit for freetrade or FX Primus
The minimum deposit for FX Primus is $100.
The minimum deposit for freetrade 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 freetrade are a good option.
FX Primus vs freetrade - Regulation And Licencing In More Detail
FX Primus is regulated by Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID).
freetrade is regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821).
Both FX Primus and freetrade have a powerful set of rules for ensuring fair trading on their individual platforms. For information encryption purposes, they provide industry-standard secure socket layers (SSL).
In accordance with their own privacy regulations, client information is never to be shared with any other institutions or individuals. Including credit history and other financial details.
Compare FX Primus vs freetrade Commission And Fees
FX Primus and freetrade are online broker platforms, and most online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the businesses of online trading platforms are scaled better. In other words, an internet broker isn't necessarily affected by the number 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 earn money. There are mainly 3 different types of penalties for this objective.
The first kind of fees to look out for are trading fees. Whenever you make an actual trade, like buying a stock or an ETF, you are billed trading charges. In these instances, you are paying a spread, funding rate, or even a commission. The kinds of trading fees and the rates vary from broker to broker.
Commissions could be fixed or determined by the traded volume. On the other hand, a spread refers to the difference between the buying and selling price. Financing or overnight prices are people who are billed when you maintain a leveraged position for more than daily.
Apart from trading fees, online agents also charge non-trading fees. These are dependent on the actions you undertake in your account. They are charged for operations like depositing money, not investing for long periods, or withdrawals.
Generally, neither FX Primus or freetrade charge high fees in comparison to other online brokers. For operations other brokers fee for, they either do not charge a broker fee, or they charge a smaller sum. This can be beneficial for those who often exchange, such as daily or weekly trading.
But, non-trading fees charged by FX Primus and freetrade are comparatively competitive. Consequently, you are charged more for non-trading actions in your trading accounts, like deposits and withdrawal. These are not about the purchase and sale of assets.
This FX Primus vs freetrade review for 2023 breaks down every one of the applicable non-trading fees for you in detail.
Compare Broker Fees For FX Primus And freetrade
What Languages Do FX Primus And freetrade Support?
Being able to talk easily with your trading broker is a key element when comparing trading platforms to find your perfect trading partner. Not only for support but to ensure you understand everything on their site and inside their application as it is a key part of success when trading online.
Below you will find the languages that both FX Primus and freetrade offer communication in.
How Many Clients Do FX Primus and freetrade Have?
Both FX Primus and freetrade are well established with their client base. It is really important to work with a broker that is professional and one of the most simple ways of establishing this is by knowing how many customers they already work with.
Below you will find details of how many customers FX Primus and freetrade are working with
|Clients / Users||10,000+||890,000+|
|Find Out More||
What Payment Methods Do FX Primus and freetrade Accept?
FX Primus and freetrade 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 freetrade
What Can You Trade With FX Primus and freetrade?
FX Primus offers 100 trading instruments whilst freetrade offers 115.
Below you will find a full breakdown of what both FX Primus and freetrade offer.
FX Primus Review
FX Primus vs freetrade:
Table Of Contents
- Compare FX Primus vs freetrade
- Benefits of FX Primus and freetrade Compared
- freetrade and FX Primus Mobile App Comparison
- FX Primus vs freetrade - Awards
- FX Primus vs freetrade - Frequently Asked Questions
- What is the minimum deposit for freetrade or FX Primus
- FX Primus vs freetrade - Regulation And Licencing In More Detail
- Compare Broker Fees For FX Primus And freetrade
- What Languages Do FX Primus And freetrade Support?
- How Many Clients Do FX Primus and freetrade Have?
- What Payment Methods Do FX Primus and freetrade Accept?
- What Can You Trade With FX Primus and freetrade?