Written by ForexBrokers.com
In this head to head comparison of FXPrimus vs Alpari, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FXPrimus, established in 2009, and Alpari, founded in 1998, are both online forex brokers that cater to traders worldwide. Neither of the two is publicly traded or operates as a bank. When it comes to the level of trust, FXPrimus holds a slight advantage with a Trust Score of 71 out of 99 according to ForexBrokers.com, indicating an average risk compared to Alpari's score of 68, which suggests a high risk. FXPrimus also holds a Tier-1 license, making it a more secure choice than Alpari, which lacks any Tier-1 licenses.
While both brokers start with decades of experience in the trading sector, FXPrimus's regulatory standing may offer prospective clients peace of mind with its recognition by top-tier authorities. In contrast, Alpari falls short in this aspect, underscoring the importance of understanding a broker's regulatory framework when making investment choices. Despite their long-established presence in the market, these regulatory differences highlight where FXPrimus and Alpari stand in the realm of trader trust and safety.
| Feature |
FXPrimus
|
Alpari
|
|---|---|---|
| Year Founded | 2009 | 1998 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 0 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing FXPrimus and Alpari in terms of their commissions and fees, both brokers receive a respectable rating of four out of five stars in this category. Although specific average spread data is not available for either broker, both offer competitive pricing structures aimed at providing value for their clients. This balanced approach ensures traders can engage with the markets without excessive cost concerns.
Though both FXPrimus and Alpari share the same star rating, their rankings tell a slightly different story. According to ForexBrokers.com, FXPrimus holds the 42nd position out of 62 brokers when it comes to commissions and fees. This indicates a solid but not top-tier performance in maintaining trader-friendly costs. Conversely, Alpari ranks slightly higher at 41st, suggesting it might offer marginally more attractive fee structures or trading costs.
Whether you choose FXPrimus or Alpari, both brokers are recognized for providing reasonable cost options. Alpari’s slight edge in ranking suggests it may deliver a bit more value, but both options remain strong contenders in the realm of online brokerage services.
| Feature |
FXPrimus
|
Alpari
|
|---|---|---|
| Minimum Deposit | $100 | $20 |
| Average Spread EUR/USD - Standard | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
FXPrimus and Alpari both cater to forex traders, each offering currency trading as both CFDs and spot contracts. FXPrimus provides access to 140 tradeable symbols, including 42 forex pairs, while Alpari offers a slightly smaller pool with 105 symbols but slightly more forex pairs at 46. Neither broker offers the ability to buy stocks directly from U.S. exchanges, but Alpari stands out by providing access to international exchange-traded securities, allowing clients to invest in companies like Vodafone. Both brokers facilitate cryptocurrency trading through derivatives, though neither offers the option to buy actual cryptocurrencies.
Copy trading is a feature available with both FXPrimus and Alpari, supporting traders looking to follow successful strategies. However, when it comes to the breadth of investment opportunities, FXPrimus just edges out Alpari, receiving a 3.5-star rating compared to Alpari's 3-star rating. According to ForexBrokers.com, FXPrimus ranks 59th out of 62 brokers for range of investments, placing it a few spots ahead of Alpari, which ranks 62nd. This indicates that while both platforms have a wide range of offerings, FXPrimus has a slight advantage in its range of accessible investments.
| Feature |
FXPrimus
|
Alpari
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 140 | 105 |
| Forex Pairs (Total) | 42 | 46 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When comparing FXPrimus and Alpari on their trading platforms and tools, both brokers offer traders a comprehensive selection. Each provides the ability to engage in paper trading through free virtual demo accounts and has developed their own proprietary platforms. For those who prefer trading on desktops, both FXPrimus and Alpari offer Windows-based desktop download platforms. Traders can also access the market through web-based platforms, ensuring flexibility and ease of access. Additionally, both brokers support MetaTrader 4 and 5, popular choices for traders worldwide. Although neither broker currently supports DupliTrade or ZuluTrade, they do offer copy trading, allowing you to learn from and replicate experienced traders' strategies.
FXPrimus and Alpari equip traders with robust charting capabilities, including the ability to trade directly from a stock chart. They each offer 15 drawing tools and provide watch lists with 7 customizable columns (fields). Although both brokers have earned a 4-star rating in the Trading Platforms and Tools category, FXPrimus is slightly ahead in the ForexBrokers.com rank at #49 compared to Alpari's #55 out of 62 brokers. This difference suggests a marginal edge in user satisfaction or features offered by FXPrimus in this specific category. Regardless, both brokers are equipped to meet the needs of most traders with their versatile platforms and tools.
| Feature |
FXPrimus
|
Alpari
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Drawing Tools (Total) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of FXPrimus and Alpari, both brokers offer comprehensive support for iPhone and Android devices. Users can benefit from features like receiving stock or forex price alerts, drawing trendlines on charts, and accessing up to 30 technical studies within the apps. Each platform provides the convenience of viewing charts in multiple timeframes, such as daily or weekly, which is useful for traders who want a deeper look at market trends. Additionally, both brokers let users create watchlists that display real-time quotes, a vital tool for staying on top of market changes.
However, there are some differences to note. While FXPrimus automatically saves drawings on stock or forex charts, Alpari does not offer this feature. Despite this, both brokers allow changes made in their apps to reflect immediately, although they lack watchlist symbol syncing between the mobile app and online account. In terms of user ratings, both apps hold a respectable 4-star rating for mobile trading. Yet, FXPrimus ranks slightly higher than Alpari in the Mobile Trading Apps category by ForexBrokers.com, coming in at #47 out of 62 brokers, compared to Alpari's #56. This slight edge might influence traders who seek the reassurance of a better-ranked trading platform.
| Feature |
FXPrimus
|
Alpari
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing FXPrimus and Alpari for market research offerings, both brokers provide unique advantages that cater to different trading needs. FXPrimus stands out by providing daily market commentary and maintaining a practical economic calendar that showcases global news events. This setup offers traders timely insights into market movements, despite the lack of top-tier forex news and advanced analytical tools like those from Autochartist or Trading Central. On the other hand, Alpari compensates for its absence of daily commentary by delivering forex news from respected sources such as Bloomberg and Reuters. Additionally, Alpari enriches its research tools with Autochartist, which enhances the trading experience by offering detailed technical analysis. Both brokers, however, share similarities in their limitations, as neither offers sentiment-based tools, TipRanks market research, or resources from Acuity Trading.
In terms of overall research ratings, both FXPrimus and Alpari earn a modest three out of five stars. Within a field of 62 brokers, they closely compete, with Alpari slightly edging out FXPrimus by ranking 57th versus 58th for research according to ForexBrokers.com. This suggests that while both brokers provide essential research features like economic calendars, they may lag behind their competitors concerning comprehensive research toolkits. Whether one opts for the consistent market insights of FXPrimus or the detailed forex news and analysis of Alpari, each broker presents a viable option based on specific trader research requirements.
| Feature |
FXPrimus
|
Alpari
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | No | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational offerings for beginners between online brokers FXPrimus and Alpari, both provide a commendable selection of resources to get you started in forex and CFDs trading. Each broker offers more than 10 educational pieces, such as articles, videos, and archived webinars, focusing on the fundamentals of trading. FXPrimus distinguishes itself by hosting at least one live webinar each month, which Alpari does not offer. Furthermore, FXPrimus provides a convenient searchable archive of past recorded webinars, allowing beginners to catch up on missed live sessions at their own pace.
Alpari, however, caters more specifically to new traders by offering at least 10 beginner-focused educational videos, a step that FXPrimus has yet to take. Additionally, Alpari provides a comprehensive investor dictionary with definitions for over 50 trading terms—a useful tool for novice traders looking to build their trading vocabulary. While neither broker offers a series of videos for advanced traders, both hold a similar educational rating of 3 out of 5 stars. On the list curated by ForexBrokers.com, Alpari slightly edges out FXPrimus, being ranked 48th compared to FXPrimus's 51st place in the education category among 62 brokers.
| Feature |
FXPrimus
|
Alpari
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | No | Yes |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that FXPrimus is better than Alpari. FXPrimus finished with an overall rank of #53, while Alpari finished with an overall rank of #57.
FXPRIMUS is primarily regulated in Cyprus, offering the MetaTrader and cTrader platforms, and also has an off-shore entity in Vanuatu for clients outside of the EU. The main downside, besides its lack of additional top-tier licenses, is that FXPRIMUS only offers 140 symbols, putting it at a disadvantage compared to the best forex brokers.
| Feature |
FXPrimus
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Alpari
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|---|---|---|
| Overall Rating |
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| Trust Score | 71 | 68 |
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Both FXPrimus and Alpari do not offer the ability to buy actual (delivered) cryptocurrency, but they do provide options for trading cryptocurrency derivatives.
Both FXPrimus and Alpari provide similar options for depositing and withdrawing funds, as they do not support ACH, SEPA, or PayPal, but they do offer transactions through Skrill, Visa, Mastercard, and bank wires.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | FXPrimus | Alpari | |
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| Trust Score | 71 | 68 | |
| Winner | check_circle | ||
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| Broker Screenshots | FXPrimus | Alpari | |
|---|---|---|---|
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| Regulation | FXPrimus | Alpari | |
|---|---|---|---|
| Trust Score | 71 | 68 | |
| Year Founded | 2009 | 1998 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 1 | 0 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | FXPrimus | Alpari | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | No | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | FXPrimus | Alpari | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | FXPrimus | Alpari | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 140 | 105 | |
| Forex Pairs (Total) | 42 | 46 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | FXPrimus | Alpari | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | FXPrimus | Alpari | |
|---|---|---|---|
| Minimum Deposit | $100 | $20 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | FXPrimus | Alpari | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | Yes | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | FXPrimus | Alpari | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FXPrimus | Alpari | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | FXPrimus | Alpari | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | FXPrimus | Alpari | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | No | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | FXPrimus | Alpari | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
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| Overall | FXPrimus | Alpari | |
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| Trust Score | 71 | 68 | |
| Winner | check_circle | ||
| Review |
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