| Online Broker | Minimum Deposit | Trading Platforms | Markets | Regulated |
|---|---|---|---|---|
| FXPRIMUS | $15 Minimum Deposit | MT4, MT5, cTrader Trading Platforms | 1000+ Markets To Trade | FXPRIMUS has an MT4 Cent account with a low minimum deposit and offers automated trading on MT4, MT5 and cTrader About |
| FXTM | $10 Minimum Deposit | MT4, MT5 Trading Platforms | 1000+ Markets To Trade | FXTM has an MT4 Cent account with a low minimum deposit and allows automated trading on MT4 and MT5 About |
FXPRIMUS vs FXTM Comparison
Both of these brokers offers MetaTrader 4 (MT4) and its successor MetaTrader 5 (MT5). FXPRIMUS additonally offers cTrader. These platforms allow automated trading with robots (EAs on MetaTrader and cBots on cTrader). Both brokers provide a Cent account with low minimum trade sizes. FXTM has a lower minimum deposit ($15 vs $10).
FXPRIMUS is regulated by the CySEC in Cyprus, the VFSC in Vanuatu and the FSCA in South Africa.
FXTM is regulated by the FCA in the United Kingdom, the CySEC in Cyprus and the FSC in Mauritius and is licensed by the FSCA in South Africa.
Quick comparison
Both offer MT4 and MT5. FXPRIMUS offers cTrader. FXTM provides copy trading on FXTM Invest.
Minimum deposit and account types
The minimum deposit for FXPRIMUS is $15. The minimum deposit for FXTM is $10 ($50 in the EEA).
- 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.
- FXTM offers three account types: Micro, Advantage and Advantage Plus. The minimum deposit for the Micro account is $10 (for MT4 only). The minimum deposit for the Advantage and Advantage Plus account is £500. The Micro account is a Cent type account with low minimum trade sizes. The Advantage account offers spreads from 0 plus a commission charge. The Micro and the Advantage Plus accounts offer spreads from 1.5 without a commission charge. FXTM provides Market Analysis Videos and Podcasts, a Forex News Timeline, Education, Market Outlook and an Economic Calendar. Copy trading is provided via FXTM Invest. The minimum trade size is 0.0001 lots.
Markets
- FXPRIMUS offers Forex, Indices, Energy, Metals and Stocks and Cryptocurrencies, with 1000+ available.
- FXTM offers Forex, Indices, Energy, Metals and Stocks, with 1000+ available.
| Broker | Trading Platforms | Description |
|---|---|---|
| FXPRIMUS Broker | MT4, MT5, cTrader Trading Platforms | FXPRIMUS offers automated trading on MT4, MT5 and cTrader and has a Cent account Description |
| FXTM Broker | MT4, MT5 Trading Platforms | FXTM offers automated trading with EAs on MT4 and MT5 and provides a Cent account with a $50 minimum deposit and low minimum order sizes Description |
Spreads and leverage
- Both brokers can offer low Forex spreads plus a commission charge. FXTM can offer Forex spreads from 1.5 without a commission charge and FXPRIMUS can offer Forex spreads from 1.5 without a commission charge.
Maximum leverage for FXPRIMUS (CySEC regulated) is . Maximum leverage for FXTM (FCA or CySEC regulated) is .
Commissions
- 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.
- FXTM charges a commission from $0.40-$2 per lot per side, depending on the equity in the account and the volume traded. The commission is charged for the ECN account.
Online trading platforms
FXPRIMUS offers MT4, MT5 and cTrader. FXTM provides MT4 and MT5.
Why FXPRIMUS or FXTM ?
Traders who want to trade on MT4 or MT5 may do so at either broker. Traders who want to trade on cTrader can do this at FXPRIMUS. Traders who want to trade on an MT4 Cent account can do this at either broker. Traders who want to apply automated trading strategies can do so with MetaTrader Expert Advisors (EAs) at either broker and with cBots on cTrader at FXPRIMUS. Traders who want to copy trade may do so at FXTM on FXTM Invest.
Comparison summary
- Both brokers offer CFD trading
- Each provides MT4 and MT5
- FXTM additionally offers MT5
- FXPRIMUS additionally provides cTrader
- FXTM provides copy trading
