FXOpen vs. FXPRIMUS

Compare their range of markets, trading platforms, deposit and withdrawal methods, and much more.

Pros and Cons

FXOpen

  • Pros
  • Leverage up to 1:500.
  • Trade on MetaTrader 4, 5 or TickTrader.
  • All trading strategies allowed (ECN account).
  • Account base currencies: USD, AUD, CHF, EUR, GBP, JPY, RUB, SGD, mBTC.
  • Cons
  • Withdrawal fees between 2.5% and 8.25% (depending on your deposit method), if you request a withdrawal before meeting minimum notional trading volume requirements.
  • FXOpen is only regulated in Nevis.
  • Awards
  • High-quality order execution, 2018 - VerifyMyTrade
  • Best Forex Broker Australia, 2011 - World Finance
  • Best Trading Platform, 2010 - Falcon Award
FXPRIMUS

70% of retail CFD accounts lose money

  • Pros
  • ECN trading capabilities.
  • Negative balance protection for all clients.
  • Account base currencies: EUR, USD, GBP, SGD, PLN, ZAR.
  • Cons
  • Only supports MetaTrader 4.
  • Doesn’t support CFDs on bonds or ETFs.
  • Awards
  • Most Trusted Broker in South East Asia & Africa
  • Best Training and Education Provider, 2016 - MENA
  • Most Trusted Broker, 2015 - MENA

Markets

Asset classesFXOpen ▷FXPRIMUS ▷
Forex (CFD)
Cryptos (CFD)
Stocks (CFD)
Indices (CFD)
Metals (CFD)
Energy (CFD)
Asset classes (#)FXOpen ▷FXPRIMUS ▷
Forex (CFD)5143
Cryptos (CFD)437
Stocks (CFD)100110
Indices (CFD)1012
Metals (CFD)26
Energy (CFD)37

Trading platforms

Trading platformsFXOpen ▷FXPRIMUS ▷
MetaTrader 4
MetaTrader 5NA
cTraderNA
CurrenexNA
Copy trading
Mirror trading
Other platformsTickTraderNA
Operating systemsFXOpen ▷FXPRIMUS ▷
Web trader
Android
iOS

Account funding

Deposits and withdrawalsFXOpen ▷FXPRIMUS ▷
Bank transfer
Credit card
Debit card
Bitcoin
China UnionPayNA
DixiPayNA
FasaPay
NETELLERNA
Perfect MoneyNA
QIWI WalletNA
Skrill
SorexPayNA
WebMoneyNA
Yandex.MoneyNA
Account base currenciesFXOpen ▷FXPRIMUS ▷
AUD - Australian DollarNA
CHF - Swiss FrancNA
EUR - Euro
GBP - British Pound
JPY - Japanese YenNA
PLN - Polish ZłotyNA
RUB - Russian RoubleNA
SGD - Singapore Dollar
USD - U.S. Dollar
ZAR - South African RandNA

Regulators

Company informationFXOpen ▷FXPRIMUS ▷
Company nameFXOpen NZ LimitedFxPrimus Europe (CY) Ltd
Head officeAuckland, New ZealandLimassol, Cyprus
Incorporation date20052009
RegulatorsFXOpen ▷FXPRIMUS ▷
AustraliaAFSL No. 412871NA
CySECNACySEC No. 261/14
NevisNevis No. C 42235NA
South AfricaNAFSCA No. 46675
UKFCA No. 579202NA
VanuatuNAVFSC No. 14595

FXPRIMUS

70% of retail CFD accounts lose money