FXOpen vs FXPRIMUS - ECN Broker Comparison

FXOpen vs FXPRIMUS | Trading Brokers Comparison
FXOpen vs FXPRIMUS Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsAbout
$1
Minimum Deposit
MT4, MT5, TickTrader
Trading Platforms
600+
Markets To Trade
FXOpen has a Cent account with a low minimum deposit of $1 and offers automated trading on MT4 and MT5 and additionally provides user friendly TickTrader
About
$15
Minimum Deposit
MT4, MT5, cTrader
Trading Platforms
1000+
Markets To Trade
FXPRIMUS offers trading, including automated trading on MT4, MT5 and cTrader and offers a Cent account
About

FXOpen vs FXPRIMUS Comparison

Both brokers offers MT4 and MT5. FXOpen additionally offers TickTrader, while FXPRIMUS additionally provides cTrader. Both brokers offer Cent accounts, with low minimum trade sizes, however the minimum deposit for FXOpen's Cent account is $1.

Quick comparison

Both provide MT4 and MT5. FXOpen additionally offers TickTrader, while FXPRIMUS provides cTrader. FXOpen has a lower minimum deposit ($1).

Minimum deposit and account types

The minimum deposit for FXOpen is $1. The minimum deposit for FXPRIMUS is $15.

  • FXOpen offers ECN, STP, Micro and Crypto account types. The minimum deposit is $1 for the Micro account, $10 for the STP and Crypto accounts and $100 for the ECN account. The ECN account charges commissions on its markets, the STP does not charge commissions. The Crypto account is an STP account which additionally offers a range of Cryptocurrencies (which have a commission charge). FXOpen supports social and copy trading via ZuluTrade and Myfxbook. The minimum trade size is 0.0001 lots on the Micro account. Market news and analysis are available via RSS and an economic calendar is provided on FXOpen's website.
  • FXPRIMUS offers its PrimusCENT, PrimusCLASSIC, PrimusPRO and PrimusZERO accounts. The PRIMUSCent and PRIMUSClassic accounts have a minimum deposit of $15. The PrimusPRO account has a minimum deposit of $500 and the PRIMUSZero account has a minimum deposit of $1000. The PrimusPRO and PrimusZERO accounts have commission charges, and the PrimusZERO account offers spreads 0, plus commission. FXPRIMUS provides traders education, an economic calendar and trading tools for all its clients. The minimum trade size is 0.0001 lots.

Markets

  • FXOpen offers Forex, Indices, Energy, Metals, Stocks and Cryptocurrencies, for a total of 600+.
  • FXPRIMUS offers Forex, Indices, Energy, Metals, Stocks and Cryptocurrencies, with 1000+ available.
FXPRIMUS vs FXOpen Summary Table
BrokerTrading PlatformsDescription
FXPRIMUS
Broker
MT4, MT5, cTrader
Trading Platforms
FXPRIMUS offers trading, including automated trading on MT4, MT5 and cTrader, and provides a Cent account
Description
FXOpen
Broker
MT4, MT5, TickTrader
Trading Platforms
FXOpen has a low minimum deposit of $1, offers a Cent account and provides MT4 and MT5, in addition to user friendly TickTrader
Description

Cryptocurrency CFDs

  • FXOpen offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, IOTA, Dashcoin, Ethereum Classic, EOS, Emercoin, Monero and NEO CFDs.
  • FXPRIMUS offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, IOTA and Satoshi CFDs.

Spreads

  • Both brokers can offer low Forex spreads plus a commission charge.

Maximum leverage for FXOpen is 500:1. Maximum leverage for FXPRIMUS is 1000:1.

Commissions

  • For Forex, FXOpen charges a commission, which depends on volume traded, from $1.5 - $5 per standard lot per side. Other instruments have differing commission charges.
  • FXPRIMUS charges a commission of $5 per lot round trip on its PrimusZERO Account and $8 (MT5) and $10 (MT4) round trip on its PrimusPRO account.

Online trading platforms

FXOpen offers MT4, MT5 and TickTrader. FXPRIMUS provides MT4, MT5 and cTrader.

Why FXOpen vs FXPRIMUS ?

Traders who want to trade on MT4 or MT5 can do so at either brokers. Traders who want to trade on user friendly TickTrader can find this platform at FXOpen. Traders who want to trade on cTrader (which also has automated trading) may do so at FXPRIMUS. Traders who want to trade on a Cent account can do so at either, but FXOpen has a lower minimum deposit.

Comparison summary

  • Both offer CFD trading
  • Each provides MT4 and MT5
  • FXOpen additionally offers TickTrader
  • FXPRIMUS additionally provides cTrader
  • Each offers a Cent account
  • FXOpen has a lower minimum deposit ($1)