FXPRIMUS is a CySEC regulated broker that offers the trading of spot forex, spot metals, equities, market indices and other types of CFDs. The broker offers the MT4 platform for Windows and Mac Desktop and offers no dealing desk execution through an ECN account.
|#||Broker's Features||FXPRIMUS Availability||NORDFX Availability|
|#||Accepts US traders||❌||❌|
|#||24 hour trading||❌||✔|
|#||Trading by phone||❌||❌|
|#||1st deposit bonus||❌||❌|
|#||Forex contests competitions||❌||❌|
|#||Interest charges on the balance||❌||❌|
|#||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 FXPRIMUS vs Nordfx.
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. FXPRIMUS offers Online Financial Trading and Investment Services Such as Commodities, Metals, Oil, Gold, Indices, while Nordfx offers Currencies.
Broker Type: Many types of brokers can be found in the most dynamic market in the world. FXPRIMUS is STP, while Nordfx is ECN, No dealing desk, STP.
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. FXPRIMUS is regulated by CySEC, while Nordfx regulated by CySEC, VFSC. 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. FXPRIMUS offers USD, EUR, GBP, AUD, SGD different account currencies for each account types, while Nordfx offers account currencies.
Languages Available: Next lets have a look at each broker's different Language options. FXPRIMUS offers Arabic, Chinese, English, French, German, Italian,, while Nordfx offers Arabic, Bengali, Chinese, English, Farsi, Hindi, I Customer Support Languages.
Payment methods: Next lets have a look at each broker's payment options. FXPRIMUS offers Bank Wire Transfer, Moneybookers different payment methods for each account types, while Nordfx offers Credit/Debit Cards, Bank Transfer, Neteller, UnionPay payment methods.
Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, FXPRIMUS makes MT4, FXPRIMUS WebTrader, iPhone, iPad available to clients, while Nordfx offers MT4, MT5.
There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.
Objectively, Nordfx is more reliable based on our criteria above. Nordfx has a wider range of instruments to trade giving you the flexibility to get access and exposure to a wide range of markets. Regulations play a huge role in protecting the traders/investors interest as they compel the financial service providers such as forex brokers to act in a fair and ethical manner. Nordfx broker is regulated in more major hubs.
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.