FXPRIMUS vs FXTM - Trading Brokers Comparison

FXPRIMUS vs FXTM | Compare Trading Brokers

FXPRIMUS vs FXTM Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$100MT4120+CySEC, FSCA, VFSC
$5MT4, MT5250+FCA, CySEC, FSCA, FSC

FXPRIMUS vs FXTM Comparison

The are both MetaTrader 4 (MT4) brokers. FXTM additionally provides the successor to MT4, MetaTrader 5 (MT5).

Both brokers offer ECN accounts. FXPRIMUS has a range of account types which provide extra features for higher minimum deposits.

FXTM has a Cent account which allows for trade sizes smaller than micro lots (0.01 standard lots). Thus it has a very low minimum deposit for this account as smaller trade sizes can potentially let the trader trade with a smaller account size.

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. FXTM additionally provides MT5 and has a lower minimum deposit.

Minimum deposit and account types

The minimum deposit for FXPRIMUS is $100 (the minimum deposit for an ECN account is $500). The minimum deposit for FXTM is $5 (the minimum deposit for an ECN account is $200).

  • FXPRIMUS offers a Variable account and an ECN Premium Account. The minimum deposit for the Variable account is $100. The minimum deposit for the ECN Premium Account is $500. Additionally FXPRIMUS provides a Standard Account, a Premium Account and a VIP Account. The minimum deposit for the Standard Account is $1000. The minimum deposit for the Premium Account is $2,500. The minimum deposit for the VIP Account is $10,000. FXPRIMUS offers traders education, an economic calendar and trading tools for all its clients. The Standard, Premium and VIP accounts offer extra features. The minimum trade size is 0.01 lots.
  • FXTM provides three Standard accounts. These are the Standard, Cent and Shares accounts. The minimum deposit for the Cent account is $/€/£5 or ₦1,000 and the minimum deposit for the Standard and Shares account is $/€/£100 or ₦20,000. These are instant execution accounts (they are not no dealing desk). Micro lot trading is available for all account types. Scalping is allowed only on the ECN accounts. FXTM provides a range of tools, including signals, daily market analysis, news and an economic calendar.
  • FXTM offers a number of ECN accounts. There include the FXTM ECN Account, the ECN Zero, the FXTM ECN MT5, the Strategy Account, FXTM Pro and FXTM Pro MT5. The ECN and MT5 accounts charge commissions, the others do not. The minimum deposit for the ECN Zero account is $/€/£200 or ₦20 000, the minimum deposit for the FXTM ECN MT5 account is $/€/£500 or ₦20,000, the minimum deposit for the Strategy Account is $/€/£100 and the minimum deposit for the FXTM Pro accounts is $/€/£25,000 or ₦5,000,000.

Markets

  • FXPRIMUS offers Forex, Indices, Energy, Precious Metals and Stocks, with 120+ available.
  • FXTM can offer slightly different numbers of CFD instruments for each ECN account types, which can be between 35+ and 60+. The FXTM ECN account offers 60+. All the accounts provide Forex and Precious Metals, the FXTM ECN account can offer Forex, Indices, Energy and Precious Metals.
  • For the non-ECN accounts, FXTM can offer more CFD instruments on the Standard account, with 75+ covering Forex, Indices, Energy and Precious Metals. The Cent account offers less, at 25+, covering Forex and Precious Metals. FXTM also has an account which provides 180+ Stocks CFDs. The total number of markets is 250+ across all accounts.

Spreads and leverage

  • Both brokers can offer low Forex spreads plus a commission charge. FXTM can offer Forex spreads from 1.3 without a commission charge and FXPRIMUS can offer Forex spreads from 1.6 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 per side on its ECN Premium Account.
  • FXTM charges a commission starting at $2 per lot per side, depending on the equity in the account and the volume traded. There is no commission charged for the ECN Zero, Strategy or Pro accounts or the non-ECN accounts.

Platforms

FXPRIMUS offers MT4. FXTM provides MT4 and MT5.

Why FXPRIMUS or FXTM ?

Traders can trade MT4's Expert Advisors (or execute their own trades) at either broker. At FXTM traders can trade EAs and execute their own trades on MT5. FXTM offers a Cent account and has a very low minimum deposit for this account.

Comparison summary

  • Both brokers offer CFD trading
  • Each provides MT4
  • FXTM additionally offers MT5
  • FXTM has a lower minimum deposit overall on its Cent account
  • The brokers have the same minimum deposit FXPRIMUS's Variable account vs FXTM's Standard account

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