Written by ForexBrokers.com
In this head to head comparison of Trading 212 vs FXPrimus, 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.
Trading 212, founded in 2004, and FXPrimus, established in 2009, are two online brokers that operate without being publicly traded or banking institutions. In terms of trust and regulation, Trading 212 holds a slight edge with two Tier-1 licenses, which are deemed the highest level of trust by ForexBrokers.com, while FXPrimus holds one Tier-1 license. Neither broker has Tier-2 licenses, but due to these regulatory credentials, they are recognized differently when it comes to investor security.
When it comes to trust scores, Trading 212 is considered to have an average risk with a Trust Score of 79, according to ForexBrokers.com. In comparison, FXPrimus falls within a similar category, but slightly lower, with a Trust Score of 71. Though neither broker is categorized as highly trusted, Trading 212 and FXPrimus both offer distinct advantages in their regulatory standings, catering to different trader preferences and risk tolerances.
| Feature |
Trading 212
|
FXPrimus
|
|---|---|---|
| Year Founded | 2004 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 1 |
When comparing the online brokers Trading 212 and FXPrimus in terms of commissions and fees, there are notable differences and similarities. Trading 212 offers two account types: the Invest account for shares with a minimum deposit of 1 euro, and the CFD account for trading CFDs, which requires a 10 euro deposit. The focus here is on their CFD account. Trading 212 promotes zero-commission trading; however, you will still incur costs through spreads, particularly when trading CFDs and forex. For instance, in January 2024, the average spread for the EUR/USD pair was 1.9 pips, which is higher than the industry average. This positions Trading 212 at a comparative disadvantage.
FXPrimus does not provide average spread data, making a direct comparison more challenging. Both brokers have been rated 4 out of 5 stars for their commissions and fees by ForexBrokers.com, signaling a similar level of satisfaction among users in this category. Despite the lack of concrete spread data from FXPrimus, this rating suggests that the broker's overall fee structure offers competitive value.
In terms of ranking, Trading 212 is placed at 43 out of 62 brokers in the Commissions and Fees category according to ForexBrokers.com, whereas FXPrimus is slightly ahead, ranked at 42. These rankings reflect their competitive standings in the market, with FXPrimus having a marginal edge over Trading 212 concerning commissions and fees.
| Feature |
Trading 212
|
FXPrimus
|
|---|---|---|
| Minimum Deposit | €10 | $100 |
| Average Spread EUR/USD - Standard | 1.9 | N/A |
| All-in Cost EUR/USD - Active | 1.9 | N/A |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | No | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing the range of investments offered by Trading 212 and FXPrimus, it's clear that Trading 212 offers a wider selection for traders. Trading 212 boasts an impressive 8,025 tradeable symbols, including 146 forex pairs, allowing for a diverse trading experience. In contrast, FXPrimus offers a limited 140 tradeable symbols with 42 forex pairs. Both brokers provide forex trading as CFDs or spot contracts and offer cryptocurrency derivatives, although neither supports direct cryptocurrency purchases.
Furthermore, Trading 212 includes exchange-traded securities from both U.S. and international exchanges, giving investors the opportunity to buy shares such as Apple and Vodafone—options not available with FXPrimus. Although FXPrimus provides a copy trading feature, which Trading 212 does not, the overall range of investments is notably broader with Trading 212, reflected in its 5-star rating for range of investments compared to FXPrimus's 3.5 stars. Additionally, Trading 212 is ranked significantly higher at #15 among 62 brokers in this category, while FXPrimus stands at #59, highlighting the superiority of Trading 212's investment offerings.
| Feature |
Trading 212
|
FXPrimus
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 8025 | 140 |
| Forex Pairs (Total) | 146 | 42 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | No | 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.
Trading 212 and FXPrimus provide accessible options for online trading with features catering to both beginners and experienced traders. Both brokers offer free virtual demo accounts, allowing users to practice trading with simulated funds. They also each have proprietary platforms, making their trading experience customizable. However, when comparing their platform accessibility, Trading 212 does not offer a Windows-based desktop download option, which is available through FXPrimus. Both brokers, on the other hand, provide web-based trading platforms for easy, anytime access. For those interested in copy trading or utilizing MetaTrader 4 and 5, FXPrimus offers these tools, unlike Trading 212.
Charting tools are crucial for technical analysis, and here Trading 212 surpasses FXPrimus with 20 drawing tools compared to FXPrimus's 15. Additionally, both brokers allow users to trade directly from stock charts, streamlining the trading process. In terms of organizing assets, FXPrimus has a broader watch list capability with 7 fields versus 5 fields offered by Trading 212. When rated for their trading platforms and tools, both brokers receive 4 out of 5 stars; however, Trading 212 has a better ranking at #21 compared to FXPrimus's #49 among 62 brokers according to ForexBrokers.com. Thus, Trading 212 may edge ahead for some users in overall platform satisfaction.
| Feature |
Trading 212
|
FXPrimus
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 54 | 30 |
| Charting - Drawing Tools (Total) | 20 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 5 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of Trading 212 and FXPrimus, both platforms offer applications for iPhone and Android users that support comprehensive features like stock and forex price alerts, trendline drawing, and multiple time frame views on charts. Both apps have an identical rating of four stars for mobile trading. However, Trading 212 stands out by providing watchlist symbol syncing across devices, which FXPrimus does not offer. This means that with Trading 212, changes made on the watchlist are seamlessly updated across the user's online account and mobile app.
In terms of charting tools, Trading 212 provides an impressive 104 technical studies compared to FXPrimus's offering of 30. Both apps do allow users to create watchlists with real-time quotes and auto-save drawings on charts. According to ForexBrokers.com, Trading 212 holds a higher ranking at #17 out of 62 brokers in the Mobile Trading Apps category, while FXPrimus is ranked at #47. These insights underline Trading 212's stronger emphasis on advanced charting capabilities and cross-platform feature integration, offering a slightly richer mobile trading experience than FXPrimus.
| Feature |
Trading 212
|
FXPrimus
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 104 | 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 market research offerings between Trading 212 and FXPrimus, each has its own set of strengths and weaknesses. Trading 212 stands out by providing forex news from high-quality sources like Bloomberg and Reuters, ensuring traders have access to reliable market insights. In contrast, FXPrimus does not offer such top-tier news sources but compensates with daily market commentary, which can be essential for time-sensitive trading decisions. Both platforms include economic calendars to keep users informed about global news events, adding to their utility as comprehensive trading aids.
Neither Trading 212 nor FXPrimus offers advanced research tools from companies like Autochartist or Trading Central, nor do they provide market research from TipRanks or Acuity Trading. However, Trading 212 gives traders a sentiment-based trading tool, showing ratios of long and short positions across currency pairs, an edge FXPrimus lacks. In terms of overall research quality, Trading 212 slightly outperforms FXPrimus, rated at 3.5 stars against 3 stars, and ranks #46 compared to FXPrimus's #58 among 62 brokers on ForexBrokers.com. This information suggests Trading 212 may cater better to those who prioritize access to high-quality news and sentiment tools.
| Feature |
Trading 212
|
FXPrimus
|
|---|---|---|
| Daily Market Commentary | No | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For new investors eager to learn about forex and CFDs trading, both Trading 212 and FXPrimus offer a solid foundation of educational materials. Trading 212 provides a more extensive selection, featuring at least 10 beginner-oriented videos and 10 advanced videos to support traders at every level. Additionally, they offer a comprehensive investor dictionary with over 50 defined terms to help demystify trading jargon. While FXPrimus also offers educational resources, their offerings are slightly less extensive, particularly when it comes to beginner and advanced video tutorials.
Both platforms host online educational webinars with one available each month, along with a searchable archive of past sessions, providing flexible learning opportunities for users. Despite both brokers providing essential educational content, Trading 212 stands out with a higher rating of 3.5 stars for education compared to FXPrimus's 3 stars. Reflecting this, Trading 212 is ranked #20 in education by ForexBrokers.com, whereas FXPrimus holds the #51 spot in the same category. These differences highlight Trading 212's greater emphasis on providing comprehensive educational support to its users.
| Feature |
Trading 212
|
FXPrimus
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Trading 212 is better than FXPrimus. Trading 212 finished with an overall rank of #31, while FXPrimus finished with an overall rank of #53.
Best known for its mobile trading app, Trading 212 offers an easy-to-use trading platform suite for CFD and share trading, as well as a large variety of forex pairs. However, despite its well-designed platform and wide range of symbols, its lack of advanced trading tools and flat research offerings hamper Trading 212’s bid to be considered a top broker.
| Feature |
Trading 212
|
FXPrimus
|
|---|---|---|
| Overall Rating |
|
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| Trust Score | 79 | 71 |
| Range of Investments |
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Both Trading 212 and FXPrimus do not provide the option to buy actual cryptocurrencies, but they do offer the ability to trade cryptocurrency derivatives.
When comparing online brokers Trading 212 and FXPrimus, Trading 212 provides ACH/SEPA transfers, PayPal, Visa/Mastercard, and bank wire options for depositing or withdrawing funds, while FXPrimus offers Visa/Mastercard, Skrill, and bank wires, but lacks ACH/SEPA and PayPal options.
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 | Trading 212 | FXPrimus | |
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| Trust Score | 79 | 71 | |
| Winner | check_circle | ||
| Review | Trading 212 Review |
| Broker Screenshots | Trading 212 | FXPrimus | |
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| Regulation | Trading 212 | FXPrimus | |
|---|---|---|---|
| Trust Score | 79 | 71 | |
| Year Founded | 2004 | 2009 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 1 |
| Tier-1 Licenses (Highly Trusted) | Trading 212 | FXPrimus | |
|---|---|---|---|
| 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) | Yes | 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) | Trading 212 | FXPrimus | |
|---|---|---|---|
| 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 | Trading 212 | FXPrimus | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 8025 | 140 | |
| Forex Pairs (Total) | 146 | 42 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | No | 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 | Trading 212 | FXPrimus | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.9 | N/A | |
| All-in Cost EUR/USD - Active | 1.9 | N/A | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Trading 212 | FXPrimus | |
|---|---|---|---|
| Minimum Deposit | €10 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | Trading 212 | FXPrimus | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | Yes | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Trading 212 | FXPrimus | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 5 | 7 | |
| Charting - Indicators / Studies (Total) | 54 | 30 | |
| Charting - Drawing Tools (Total) | 20 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Trading 212 | FXPrimus | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 104 | 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 | Trading 212 | FXPrimus | |
|---|---|---|---|
| Daily Market Commentary | No | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Trading 212 | FXPrimus | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Trading 212 | FXPrimus | |
|---|---|---|---|
| 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 | Trading 212 Review |
| Overall | Trading 212 | FXPrimus | |
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| Trust Score | 79 | 71 | |
| Winner | check_circle | ||
| Review | Trading 212 Review |
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