XGLOBAL Markets vs FX Primus, Updated for 2024
XGLOBAL Markets Rating
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FX Primus Rating
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Your capital is at risk |
Losses can exceed deposits |
XGLOBAL Markets vs FX Primus Guide |
Read our In-Depth XGLOBAL Markets vs FX Primus Review - for 2024
Our comprehensive analysis of XGLOBAL Markets and FX Primus has been updated to reflect any changes for 2024 by knowledgeable insiders boasting significant expertise across Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of XGLOBAL Markets vs FX Primus does not apply to all countries as follows:
XGLOBAL Markets Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
FX Primus Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare XGLOBAL Markets vs FX Primus
All trading platforms feature some pros and cons, and a complete XGLOBAL Markets and FX Primus review should not be regarded as thorough without having an objective perspective.
Compare FX Primus and XGLOBAL Markets to understand just how these platforms compare against one another before you decide to open an account. Performing a side-by-side comparison will place factors in perspective to ensure that you remain aware of what to expect.
So you are looking for an online trading platform and are choosing between XGLOBAL Markets or FX Primus. Who should you choose?
This XGLOBAL Markets vs FX Primus comparison contains the latest information so you can easily compare FX Primus against XGLOBAL Markets.
If you're a new entrant in the world of trading and brokerages, so many nuances will be perplexing for you. Getting into the area of trading demands expert analyzing skills and comprehensive knowledge. You'll get proficient at all the concepts of broker as you keep trading. For starters, you have to select the right agent who'll be transparent with you constantly.
Within this fast-paced world of stock markets and trading, you'll need guidance to make proper decisions. A professionally direct investment program has the potential to generate hefty returns. XGLOBAL Markets and FX Primus are two such platforms that will take you along with your investment to great heights. It's crucial that you compare XGLOBAL Markets vs FX Primus until you trust them with your money.
Our XGLOBAL Markets vs FX Primus comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust XGLOBAL Markets and FX Primus side by side.
Our entire XGLOBAL Markets vs FX Primus Review covers all you will need to learn about trading with either XGLOBAL Markets or FX Primus. A good broker can multiply your initial investments and give you favorable profits. If you want to earn profits, you must trade with a broker service that contrasts with your investment objectives.
There's absolutely no sure-fire way to guarantee profits; therefore, you should carefully analyze your broker before you choose them. It is a common misconception that all brokers will be exactly the same, but that is not true. Wrong judgment, initially, can put your investments in danger.
XGLOBAL Markets and FX Primus are both brokers that have forged their way successfully to the brokerage world. In this review, we've attempted to collate some of the vital facets of both XGLOBAL Markets and FX Primus. This review will help you to know whether either FX Primus or XGLOBAL Markets is a fantastic match for your investments or not. We've tried to breakdown all of the qualities and fees for your convenience.
Benefits of XGLOBAL Markets and FX Primus Compared
XGLOBAL Markets offers a minimum deposit of $500 while FX Primus offers a $100 minimum deposit.
Why smaller minimum deposits are good and how XGLOBAL Markets and FX Primus 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.
XGLOBAL Markets allows you to trade around 261 financial instruments whilst FX Primus allows you to trade around 261 financial instruments on their platform.
The more financial instruments you can trade on the XGLOBAL Markets and FX Primus 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 seriously do not want to miss out on a trading opportunity due to the limitations of XGLOBAL Markets or FX Primus.
XGLOBAL Markets and FX Primus Contact Details
Being able to contact a broker easily is a sign of a professional broker. XGLOBAL Markets and FX Primus have the following contact details and social medias that you can use.
Broker | XGLOBAL Markets | FX Primus |
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Telephone Number | +357 25 030072 | |
support@fxprimus.com | ||
Address |  Kolonakiou 25, Office 102, Zavos Kolonakiou Center, 4103 Limassol, Cyprus | |
XGLOBAL Markets Twitter Account | FX Primus Twitter Account | |
XGLOBAL Markets Facebook Page | FX Primus Facebook Page | |
XGLOBAL Markets Instagram Account | FX Primus Instagram Account | |
XGLOBAL Markets LinkedIn Page | FX Primus LinkedIn Page | |
YouTube | XGLOBAL Markets YouTube Channel | FX Primus YouTube Channel |
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FX Primus and XGLOBAL Markets 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 XGLOBAL Markets and FX Primus 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 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?
XGLOBAL Markets vs FX Primus - Awards
Broker | XGLOBAL Markets | FX Primus |
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Awards | At the time of writing this XGLOBAL Markets review, and despite XGLOBAL Markets’s impressive offering, the company has surprisingly not garnered any awards to date. |
FX Primus have won a lot of industry awards over the years they have been operating as a financial broker. We detail the most notable awards for FX Primus below.
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XGLOBAL Markets vs FX Primus - Frequently Asked Questions
XGLOBAL Markets vs FX Primus - Headquarters And Year Of Founding
XGLOBAL Markets was founded in 2008 and has its head office in Cyprus.
FX Primus was founded in 2009 and has its head office in Cyprus.
What is the minimum deposit for FX Primus or XGLOBAL Markets
The minimum deposit for XGLOBAL Markets is $500.
The minimum deposit for FX Primus is $100.
Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both XGLOBAL Markets and FX Primus are a good option.
XGLOBAL Markets vs FX Primus - Regulation And Licencing In More Detail
XGLOBAL Markets is regulated by Cyprus Securities and Exchange Commission (CySEC).
FX Primus is regulated by Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID).
Both XGLOBAL Markets and FX Primus have a strong collection of rules for ensuring fair trading onto their individual platforms. For data encryption purposes, they supply industry-standard secure socket layers (SSL).
In accordance with their privacy policies, customer information is to not be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare XGLOBAL Markets vs FX Primus Commission And Fees
XGLOBAL Markets and FX Primus are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the companies of online brokerages are scaled better. In other words, an online broker isn't necessarily influenced by the number of clients they have.
But this doesn't mean that online brokers do not charge any fees. They charge prices of varying rates for various services to earn money. There are primarily three types of fees for this objective.
The first sort of charges to look out for are trading fees. When you make a genuine trade, like purchasing a stock or an ETF, you are charged trading charges. In such instances, you're paying a spread, funding rate, or even a commission. The sorts of trading charges and the rates differ from broker to broker.
Commissions can be fixed or determined by the traded volume. On the other hand, a spread denotes 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 a day.
Aside from trading fees, online agents also charge non-trading fees. These are dependent on the actions you undertake on your account. They are billed for surgeries like depositing cash, not trading for lengthy periods, or withdrawals.
In general, neither XGLOBAL Markets or FX Primus charge high fees compared to other online brokers. For operations other brokers charge for, they either do not charge a brokerage fee, or they charge a smaller sum. This is beneficial for those who often exchange, such as daily or weekly trading.
However, non-trading fees charged by XGLOBAL Markets and FX Primus are relatively competitive. As a result, you are billed more for non-trading actions on your trading accounts, like withdrawal and deposits. These aren't related to the purchase and sale of assets.
This XGLOBAL Markets vs FX Primus review for 2024 breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees For XGLOBAL Markets And FX Primus
What Languages Do XGLOBAL Markets And FX Primus Support?
Being able to talk easily with your online platform is a key way of comparing trading platforms to find the best trading partner. Not only for support but to ensure you completely understand everything on their site and inside their app as it is a key part of success when trading online.
Below you will find the languages that both XGLOBAL Markets and FX Primus offer communication in.
How Many Clients Do XGLOBAL Markets and FX Primus Have?
Both XGLOBAL Markets and FX Primus are well established with their customer base. It is really important to work with an online broker you can trust 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 customers XGLOBAL Markets and FX Primus have
Broker | XGLOBAL Markets | FX Primus |
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Clients / Users | 10,000+ | 10,000+ |
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What Payment Methods Do XGLOBAL Markets and FX Primus Accept?
XGLOBAL Markets and FX Primus 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 XGLOBAL Markets and FX Primus
What Can You Trade With XGLOBAL Markets and FX Primus?
XGLOBAL Markets offers 261 trading instruments and FX Primus offers 100.
Below you will find a full breakdown of what both XGLOBAL Markets and FX Primus offer.
XGLOBAL Markets Review
XGLOBAL Markets vs FX Primus:
Table Of Contents
- Compare XGLOBAL Markets vs FX Primus
- Benefits of XGLOBAL Markets and FX Primus Compared
- FX Primus and XGLOBAL Markets Mobile App Comparison
- XGLOBAL Markets vs FX Primus - Awards
- XGLOBAL Markets vs FX Primus - Frequently Asked Questions
- What is the minimum deposit for FX Primus or XGLOBAL Markets
- XGLOBAL Markets vs FX Primus - Regulation And Licencing In More Detail
- Compare Broker Fees For XGLOBAL Markets And FX Primus
- What Languages Do XGLOBAL Markets And FX Primus Support?
- How Many Clients Do XGLOBAL Markets and FX Primus Have?
- What Payment Methods Do XGLOBAL Markets and FX Primus Accept?
- What Can You Trade With XGLOBAL Markets and FX Primus?