FX Primus vs forexite, Who's The Best?
FX Primus Rating
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forexite Rating
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Losses can exceed deposits |
Your capital is at risk |
FX Primus vs forexite Guide |
Read our In-Depth FX Primus vs forexite Review - Updated for 2024
This review comparing FX Primus and forexite has been updated for 2024 by knowledgeable insiders with significant financial experience in Forex, Social Trading, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of FX Primus vs forexite 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.
forexite Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare FX Primus vs forexite
All platforms for online trading feature certain pros and cons, so a complete analysis of FX Primus vs forexite should not be regarded as thorough without having a fair assessment.
Assess FX Primus and forexite to get a better understanding of how they stack up with each other before you choose to open an account. A comparative analysis can bring aspects in perspective to ensure that you remain aware of what you should anticipate.
So you are looking for a broker and are choosing between FX Primus or forexite. Who is better in 2024?
This FX Primus vs forexite comparison contains the most recent information so you can easily compare forexite against FX Primus.
If you're a new entrant in the world of trading and brokers, so many facts will be confusing for you. Getting into the world of trading requires expert analyzing skills and comprehensive understanding. You'll acquire proficient at all of the concepts of brokerage as you continue trading. For starters, you have to select the ideal agent who'll be transparent with you constantly.
In this fast-paced universe of stock markets and trading, you will need guidance to make correct decisions. A professionally direct investment program has the potential to create hefty returns. FX Primus and forexite are two such trading platforms which will take you along with your investment to great heights. It is important that you compare FX Primus vs forexite until you trust them with your money.
Our FX Primus vs forexite comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust FX Primus and forexite side by side.
Our entire FX Primus vs forexite Review covers all you need to know about trading using either FX Primus or forexite. A good agent can multiply your first investments and give you favorable profits. If you would like to make profits, you must trade with a brokerage service that aligns with your investing objectives.
There's absolutely no sure-fire method to guarantee profits; thus, you must carefully assess your agent before you choose them. It is a common misconception that all brokers will be the same, but that's not correct. Wrong judgment, initially, can set your investments at risk.
FX Primus and forexite are both brokers which have found their way successfully into the broker world. In this review, we have attempted to collate a number of the vital facets of both FX Primus and forexite. This review will allow you to know whether either forexite 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 advantage.
Benefits of FX Primus and forexite Compared
FX Primus offers a minimum deposit of $100 while forexite has a $250 minimum deposit.
Why smaller minimum deposits are good and how FX Primus and forexite 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 while forexite allows you to trade around 100 on their platform.
The more financial instruments you can trade on the FX Primus and forexite 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 forexite.
FX Primus and forexite Contact Details
Being able to contact your broker through many ways is a sign of a professional broker. FX Primus and forexite have the following contact details and social medias that you can use.
Broker | FX Primus | forexite |
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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 | forexite Twitter Account | |
FX Primus Facebook Page | forexite Facebook Page | |
FX Primus Instagram Account | forexite Instagram Account | |
FX Primus LinkedIn Page | forexite LinkedIn Page | |
YouTube | FX Primus YouTube Channel | forexite YouTube Channel |
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forexite 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 forexite will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of both apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
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 forexite - Awards
Broker | FX Primus | forexite |
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Awards |
FX Primus have won many industry awards over the time they have been operating as an online trading platform. We show the most notable awards for FX Primus here.
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At the time of writing this forexite review, and despite forexite’s impressive offering, the company has surprisingly not garnered any awards to date. |
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FX Primus vs forexite - Frequently Asked Questions
FX Primus vs forexite - Headquarters And Year Of Founding
FX Primus was founded in 2009 and has its headquaters in Cyprus.
forexite was founded in 2010 and has its headquaters in Switzerland.
What is the minimum deposit for forexite or FX Primus
The minimum deposit for FX Primus is $100.
The minimum deposit for forexite is $250.
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 FX Primus and forexite are a good choice.
FX Primus vs forexite - Regulation And Licencing In More Detail
FX Primus is regulated by Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID).
forexite is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F229.
Both FX Primus and forexite have a strong set of rules for ensuring honest trading on their platforms. For information encryption purposes, they supply industry-standard secure socket layers (SSL).
As per their own privacy policies, customer data is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare FX Primus vs forexite Commission And Fees
FX Primus and forexite are online brokerage platforms, and many online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the companies of online brokerages are scaled better. In other words, an online broker isn't necessarily influenced by the amount of customers they have.
But this doesn't mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to earn money. There are mainly 3 types of penalties for this objective.
The first kind of fees to look out for are trading charges. When you make a genuine trade, like purchasing a stock or an ETF, you're billed trading fees. In such instances, you're paying a spread, funding rate, or a commission. The sorts of trading charges and the rates differ from broker to broker.
Commissions could be fixed or determined by the traded quantity. On the other hand, a spread refers to the gap between the buying and selling price. Funding or overnight rates are those that are charged when you hold a leveraged position for longer than a day.
Aside from trading charges, online brokers also bill non-trading fees. These are determined by the actions you undertake in your accounts. They are charged for operations like depositing cash, not investing for lengthy periods, or withdrawals.
Generally, neither FX Primus or forexite charge high fees in comparison to other online agents. For operations other agents fee for, they do not charge a brokerage fee, or they charge a lesser sum. This is beneficial for people who regularly exchange, for example weekly or daily trading.
However, non-trading fees billed by FX Primus and forexite are relatively higher. Consequently, you're billed more for non-trading actions in your trading account, like deposits and withdrawal. These are not about the purchase and sale of resources.
This FX Primus vs forexite review for 2024 breaks down each of the applicable non-trading charges for you in detail.
Compare Broker Fees For FX Primus And forexite
Broker | FX Primus | forexite |
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Minimum Deposit | $100 | $250 |
Withdrawal Fees | Yes | Yes |
Inactivity Fees | No | Yes |
Deposit Fees | Yes | No |
CFD Fees | No | No |
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What Languages Do FX Primus And forexite Support?
Being able to communicate completely 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 online.
Here you will find all the languages that both FX Primus and forexite support.
How Many Clients Do FX Primus and forexite Have?
Both FX Primus and forexite are well established with their client base. It is important to work with an online broker that is reputable and one of the easiest 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 forexite have
Broker | FX Primus | forexite |
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Clients / Users | 10,000+ | 10,000+ |
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What Payment Methods Do FX Primus and forexite Accept?
FX Primus and forexite 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 forexite
Broker | FX Primus | forexite |
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Bank Transfers | Yes | Yes |
Credit Cards | Yes | Yes |
PayPal | No | Yes |
Skrill | No | Yes |
Payoneer | Yes | Yes |
Neteller | Yes | Yes |
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What Can You Trade With FX Primus and forexite?
FX Primus offers 100 trading instruments while forexite offers 112.
Below you will find a full breakdown of what both FX Primus and forexite offer.
FX Primus Review
FX Primus vs forexite:
Table Of Contents
- Compare FX Primus vs forexite
- Benefits of FX Primus and forexite Compared
- forexite and FX Primus Mobile App Comparison
- FX Primus vs forexite - Awards
- FX Primus vs forexite - Frequently Asked Questions
- What is the minimum deposit for forexite or FX Primus
- FX Primus vs forexite - Regulation And Licencing In More Detail
- Compare Broker Fees For FX Primus And forexite
- What Languages Do FX Primus And forexite Support?
- How Many Clients Do FX Primus and forexite Have?
- What Payment Methods Do FX Primus and forexite Accept?
- What Can You Trade With FX Primus and forexite?