Compare forex brokers FP Markets VS Fxprimus

If you're choosing between FP Markets and Fxprimus forex brokers, we've compared hundreds of data points side-by-side to make finding the right broker for you easier. Is FP Markets better than Fxprimus? After assessing the two forex brokers on nearly 50 different variables, we would be able to get into an informed conclusion.

FP MARKETS VS FXPRIMUS

FP Markets
FP Markets Overview

At onlineforextrading.net we have readers-first policy. Thus, we always put our readers' safety as a priority in our business line. We will never just satisfy ourselves with Brokers' public information, however, go in-depth. Often we will also open live and demo accounts and test brokers directly! For the above mentioned, we stand on our toes checking all the ins and outs in a broker’s business history, biography and reputation. The very same standards apply in case of this FP Markets broker review.

Regulated by ASIC, FP Markets is an Australian global CFD and Forex provider established in 2005. The company’s vision was to create a one-stop destination where traders could access a full suite of trading products. The convenience of being able to trade CFDs across equities, Forex, indices, commodities, futures and Bitcoin from one account is one of the key reasons traders choose FP Markets.

FP Markets ensures that it offers a customer-centric experience for all its traders; with assistance throughout their trading journey, be it through education or consistent expert support.

FXPRIMUS
FXPRIMUS Overview

FX Primus is an award-winning international broker that offers more than just forex trading. The firm is established in the Republic of Mauritius and is regulated by the Financial Services Commission of New Zealand. FX Primus is a retail broker that offer expanded services such as white label and concierge accounts, marketing and even back office support for individuals who want to approach trading as a business.

In addition to forex, FX Primus also offers trading in contract for differences (CFD) instruments such as precious metals, energies, financial index products, and even equity securities that trade on the New York, NASDAQ and Hong Kong markets. Traders can choose between fixed and variable spreads that are competitive with those offered by other retail brokers. Premier spreads are similar to those enjoyed by institutional traders who are on Electronic Communication Networks, and they are available to FX Primus traders whose accounts reflect a certain balance and levels of trading activity.

# Broker's Features FP MARKETS Availability FXPRIMUS Availability
# Commissions
# Hedging
# PAMM
# Scalping
# Accepts US traders
# 24 hour trading
# Swaps
# Demo account
# Daily analysis
# Automated trading
# Mobile trading
# Trading by phone
# 1st deposit bonus
# Forex contests competitions
# Bonuses Promotions
# Interest charges on the balance
# Free education
# Expert advisors
# Partnership programs
# Trust management
# 24 hour support

The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will compare FP Markets vs Fxprimus.

Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. FP Markets offers Online Financial Trading and Investment Services Such as IRESS DMA Equities 10,000+, while Fxprimus offers Commodities, Metals, Oil, Gold, Indices.

Broker Type: Many types of brokers can be found in the most dynamic market in the world. FP Markets is ECN, STP, while Fxprimus is STP.

Minimum Deposit Requirement: To compare these two FX brokers, we will then take a look at how much is required as a basic minimum to open an account. You need to consider how much money you can spare to start off a Forex brokerage. FP Markets recommended minimum capital is 100, while Fxprimus has a Minimum Deposit Requirement of .

Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. FP Markets is regulated by ASIC, while Fxprimus regulated by CySEC. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.

Account currencies: Next lets consider the Account currencies each broker offers. FP Markets offers USD, AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD different account currencies for each account types, while Fxprimus offers USD, EUR, GBP, AUD, SGD account currencies.

Languages Available: Next lets have a look at each broker's different Language options. FP Markets offers English, Spanish, Italian, Portuguese, German, Fre, while Fxprimus offers English, French, Spanish, German, Russian, Italian Customer Support Languages.

Payment methods: Next lets have a look at each broker's payment options. FP Markets offers Bank Wire, Credit Card, Debit Card, Skrill, Netell different payment methods for each account types, while Fxprimus offers Bankwire, Moneybookers payment methods.

Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, FP Markets makes MT4, MT5, WebTrader and IRESS available to clients, while Fxprimus offers MetaTrader4, FXPRIMUS WebTrader, iPhone, iPad.

The Verdict: FP Markets or Fxprimus?

There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.

Objectively, FP Markets is more reliable based on our criteria above. Only FP Markets offers demo account, allowing you to test their platform to see which is suitable for you. FP Markets has a wider range of instruments to trade giving you the flexibility to get access and exposure to a wide range of markets. FP Markets offers a wider range of Account currencies. Why does base currencies matter? Because if you fund your account in the same currency as your bank account, currency conversion fees won't be charged. One of the criteria we looked at before opening an account on a forex broker is the minimum deposit amount. FP Markets broker offers lower minimum deposit requirement.

Finally, if you're really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable Personalised Broker based on your precise requirements here.