Written by ForexBrokers.com
In this head to head comparison of FXPrimus vs FXGT.com, 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, founded in 2009, and FXGT.com, established in 2019, are both online brokers that are privately held and not publicly traded or operating as banks. FXPrimus holds one Tier-1 license, reflecting a high level of trust from regulators, while FXGT.com also has a Tier-1 license alongside an additional Tier-2 license, indicating broader regulatory oversight. Considering trust scores from ForexBrokers.com, FXPrimus earns a score of 71, suggesting an average risk level, whereas FXGT.com receives a score of 69, placing it in the high-risk category.
Despite both brokers holding Tier-1 licenses, which are considered highly trusted, FXPrimus’s higher trust score of 71 could make it a more appealing choice for customers prioritizing regulatory assurances. However, FXGT.com's additional Tier-2 license may indicate a more expansive regulatory framework that could appeal to those valuing a diverse licensing arrangement. As neither broker is publicly traded or a bank, potential investors should weigh these factors alongside other aspects of their financial service offerings when considering which broker might best suit their needs.
| Feature |
FXPrimus
|
FXGT.com
|
|---|---|---|
| Year Founded | 2009 | 2019 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
When it comes to comparing the commissions and fees between FXPrimus and FXGT.com, there are some notable differences. FXPrimus receives a rating of 4 stars for its commissions and fees, positioning it as a more favorable choice in this regard. While average spread data isn't available, FXPrimus ranks #42 out of 62 brokers according to ForexBrokers.com. This indicates relatively competitive pricing compared to its peers, making it an attractive option for traders who prioritize cost efficiency.
On the other hand, FXGT.com earns a slightly lower rating of 3.5 stars for its commissions and fees. Despite the absence of average spread data, its ranking at #55 out of 62 brokers underscores that it may not be as cost-effective as some other options, including FXPrimus. This could suggest higher commission costs or additional fees that might weigh on overall profitability for traders who frequently make transactions.
In summary, while both brokers provide viable trading solutions, FXPrimus stands out with its better rating and ranking, suggesting potentially lower overall fees and costs in comparison to FXGT.com. Traders who are budget-conscious may find FXPrimus more appealing, whereas FXGT.com offers a solid, if slightly more expensive, alternative.
| Feature |
FXPrimus
|
FXGT.com
|
|---|---|---|
| Minimum Deposit | $100 | $5 |
| 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 | No |
| ACH or SEPA Transfers | No | Yes |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When it comes to choosing between FXPrimus and FXGT.com for online trading, investors will find that both brokers offer forex trading as contracts for difference (CFDs) or spot contracts. FXPrimus provides 140 tradable symbols including 42 forex pairs, offering a wider variety of investment options compared to FXGT.com's 117 symbols and 53 forex pairs. However, neither broker provides the option to invest in actual U.S. or international exchange-traded securities like Apple or Vodafone shares. Both brokers do offer copy trading as well as trading in cryptocurrency derivatives, but not the direct purchase of cryptocurrencies.
Regarding their range of investment capabilities, FXPrimus is rated 3.5 stars for investment variety whereas FXGT.com has a 3-star rating. In terms of ranking among 62 brokers on ForexBrokers.com, FXPrimus stands at #59 while FXGT.com follows closely at #60. Despite their similar offerings, FXPrimus edges ahead slightly thanks to its broader range of tradable symbols, which could be a decisive factor for traders looking for variety in their investment options.
| Feature |
FXPrimus
|
FXGT.com
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 140 | 117 |
| Forex Pairs (Total) | 42 | 53 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| 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 evaluating the trading platforms and tools offered by FXPrimus and FXGT.com, both brokers provide essential features for traders at all levels. Each offers a virtual demo account, allowing users to practice with simulated trading before committing real capital. While both platforms support commonly used tools like MetaTrader 4 and MetaTrader 5, FXPrimus stands out by providing its own proprietary platform. This offers users an in-house developed alternative, a feature that FXGT.com lacks. Both brokers deliver Windows-based and web-based platforms, ensuring traders can access markets from their preferred devices. Adding to their versatility, they both offer copy trading capabilities for those looking to follow experienced traders strategically.
On the technical front, FXGT.com provides 23 drawing tools for charting, which surpasses FXPrimus's 15 options, offering users more ways to analyze markets graphically. For watch lists, FXPrimus leads with seven columns compared to FXGT.com's five, indicating a slightly more detailed observation capability. Despite these differences, both brokers allow trading directly from stock charts, adding convenience for swift trading actions. In terms of overall ratings for trading platforms and tools, both brokers receive a solid four-star rating. However, when ranked among 62 brokers by ForexBrokers.com, FXPrimus is positioned slightly higher at #49, compared to FXGT.com's #56.
| Feature |
FXPrimus
|
FXGT.com
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| 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 | 37 |
| Charting - Drawing Tools (Total) | 15 | 23 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 5 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both FXPrimus and FXGT.com offer comprehensive mobile trading apps that cater to iPhone and Android users, ensuring you can trade on the go regardless of your device. Both platforms have key features like price alerts and the ability to draw trendlines on charts, complementing the 30 technical studies available for chart analysis. Both apps also offer real-time watchlists and support various chart time frames, from daily to intraday views. Notably, FXPrimus's app stands out with a slightly higher user rating of 4 stars, compared to FXGT.com's rating of 3.5 stars.
While both apps auto-save chart drawings and allow for dynamic trading, FXGT.com edges ahead in user convenience by offering watchlist symbol syncing, meaning any changes made to your watchlist are reflected across both the app and online account. However, according to ForexBrokers.com, FXPrimus ranks higher at #47 out of 62 brokers, with FXGT.com following at #58 in the Mobile Trading Apps category. Overall, both apps provide a solid trading experience, but FXPrimus earns a slightly better reputation for mobile trading.
| Feature |
FXPrimus
|
FXGT.com
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing FXPrimus and FXGT.com, traders seeking market insights will notice some key differences and similarities. FXPrimus offers daily market commentary, which can be beneficial for those who appreciate regular updates on market conditions. On the other hand, FXGT.com lacks this feature but makes up for it with a sentiment-based trading tool that provides a ratio of long or short positions across different instruments, offering a unique perspective on market sentiment. Both brokers do not provide forex news from elite sources or research tools from companies like Autochartist, Trading Central, or Acuity Trading. Additionally, neither broker offers market research insights from TipRanks.
Both FXPrimus and FXGT.com offer economic calendars, helping traders stay informed about current and upcoming global news events. Despite these features, both brokers receive a modest research rating of three stars and are ranked towards the lower end in the Research category by ForexBrokers.com, with FXPrimus placed at 58th and FXGT.com slightly ahead at 56th out of 62 brokers. This suggests that while they offer some tools and insights, there may be room for improvement in their research offerings. Traders will need to weigh these factors when deciding which platform meets their research needs.
| Feature |
FXPrimus
|
FXGT.com
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | No | No |
| Autochartist | No | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | No | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, FXPrimus outshines FXGT.com in several ways. FXPrimus offers a comprehensive suite of over ten educational pieces, including articles, videos, and even archived webinars that focus primarily on forex and CFDs. This rich resource bank is complemented by monthly online webinars, which are invaluable for real-time learning and interaction. Moreover, these webinars are recorded and stored in a searchable archive, providing easy access to past sessions for continued learning. In contrast, FXGT.com does not reach the same standard, lacking both a minimum number of educational pieces and regular webinars, making it less appealing for beginners seeking extensive learning materials.
Although neither FXPrimus nor FXGT.com delivers beginner or advanced educational videos in abundance, FXGT.com adds some value by offering an investor dictionary with over 50 investment terms. This can be a useful tool for traders looking to grasp essential market jargon. Despite FXPrimus having more immediate educational resources, both brokers received an equal education rating of 3 stars. However, FXPrimus ranks higher in the education category at #51, compared to FXGT.com's ranking at #59 out of 62 brokers rated by ForexBrokers.com.
| Feature |
FXPrimus
|
FXGT.com
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | No | No |
| 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 FXGT.com. FXPrimus finished with an overall rank of #53, while FXGT.com finished with an overall rank of #58.
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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FXGT.com
|
|---|---|---|
| Overall Rating |
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| Trust Score | 71 | 69 |
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Both FXPrimus and FXGT.com provide options for trading cryptocurrency derivatives but do not offer the ability to purchase actual delivered cryptocurrencies.
FXPrimus and FXGT.com both support Visa or Mastercard and bank wire transfers for deposits and withdrawals, while FXPrimus additionally offers Skrill, unlike FXGT.com, which supports ACH or SEPA transfers that FXPrimus does not, and neither platform provides PayPal as a payment option.
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 | FXGT.com | |
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| Trust Score | 71 | 69 | |
| Winner | check_circle | ||
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| Broker Screenshots | FXPrimus | FXGT.com | |
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| Regulation | FXPrimus | FXGT.com | |
|---|---|---|---|
| Trust Score | 71 | 69 | |
| Year Founded | 2009 | 2019 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | FXPrimus | FXGT.com | |
|---|---|---|---|
| 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 | Yes |
| Tier-2 Licenses (Trusted) | FXPrimus | FXGT.com | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | FXPrimus | FXGT.com | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 140 | 117 | |
| Forex Pairs (Total) | 42 | 53 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| 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 | FXGT.com | |
|---|---|---|---|
| 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 | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | FXPrimus | FXGT.com | |
|---|---|---|---|
| Minimum Deposit | $100 | $5 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | Yes |
| Trading Platforms | FXPrimus | FXGT.com | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| 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 | FXGT.com | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 5 | |
| Charting - Indicators / Studies (Total) | 30 | 37 | |
| Charting - Drawing Tools (Total) | 15 | 23 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FXPrimus | FXGT.com | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | FXPrimus | FXGT.com | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | No | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | FXPrimus | FXGT.com | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | No | No | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | FXPrimus | FXGT.com | |
|---|---|---|---|
| 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 | |
| Review |
| Overall | FXPrimus | FXGT.com | |
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| Trust Score | 71 | 69 | |
| Winner | check_circle | ||
| Review |
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