Written by ForexBrokers.com
In this head to head comparison of XM Group 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.
Both XM Group and FXPrimus began their online brokerage services in 2009, but the two companies differ significantly in their regulatory standing. XM Group stands out with a commendable Trust Score of 88 from ForexBrokers.com, indicating its position in the trusted category. This broker holds an impressive collection of regulatory approvals with four Tier-1 licenses, representing the highest level of trust, and an additional Tier-2 license. These licenses affirm XM Group's commitment to providing a secure trading environment, although the firm is neither a bank nor publicly traded.
In contrast, FXPrimus holds a Trust Score of 71, placing it in the average risk category. The firm maintains one Tier-1 license, which signifies a sound but less extensive regulatory oversight compared to XM Group, and does not have any Tier-2 licenses. Like XM Group, FXPrimus is not publicly traded and does not operate as a bank. These factors highlight some key differences in the regulatory landscape and perceived trustworthiness between these two brokerage firms.
| Feature |
XM Group
|
FXPrimus
|
|---|---|---|
| Year Founded | 2009 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing XM Group and FXPrimus based on commissions and fees, both brokers offer competitive services but with certain differences that potential users should note. XM Group is known for having higher spreads on its standard account, which may not be as cost-effective for traders. Additionally, for the XM Zero account, which is a commission-based option, the average spreads are not publicly disclosed, making it a bit less transparent for potential users to evaluate. Despite these factors, XM Group achieves a commendable rating of 4 out of 5 stars for its commission and fee structure and is ranked at #33 among 62 brokers by ForexBrokers.com.
On the other hand, FXPrimus also offers a comprehensive trading experience, although specific details on average spreads are not readily available, which could make fee comparison challenging for potential traders. Nevertheless, like XM Group, FXPrimus holds a strong position with a 4-star rating for commissions and fees, showcasing their efforts in maintaining competitive pricing for their clients. However, it is ranked slightly lower than XM Group, standing at #42 out of 62 brokers according to ForexBrokers.com.
In summary, both XM Group and FXPrimus are rated equally with 4 stars for their commission and fee structures. While XM Group has a slight edge in ranking at #33 compared to FXPrimus's #42, the choice between the two may ultimately depend on a trader's preference regarding transparency of spread information and specific trading needs.
| Feature |
XM Group
|
FXPrimus
|
|---|---|---|
| Minimum Deposit | $5 | $100 |
| Average Spread EUR/USD - Standard | 1.6 | N/A |
| All-in Cost EUR/USD - Active | 0.8 | N/A |
| Active Trader or VIP Discounts | No | No |
| 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.
When it comes to variety in investment options, XM Group and FXPrimus both provide forex trading through CFDs or spot contracts, appealing to forex enthusiasts. XM Group stands out with an extensive offering of 1394 tradeable symbols compared to FXPrimus's 140, making it significantly more attractive for those seeking diverse investment opportunities. Notably, XM Group provides access to 55 forex pairs, surpassing FXPrimus's 42. Furthermore, XM Group allows investors to buy exchange-traded securities both on U.S. and international platforms, giving clients the chance to own shares like Apple and Vodafone directly, a feature FXPrimus does not offer.
Both brokers include options for copy trading and cryptocurrency derivatives, but neither offers actual cryptocurrency purchases. When rated on the range of investments, XM Group scores an impressive 4.5 out of 5 stars, ranking 23rd among 62 brokers on ForexBrokers.com. In contrast, FXPrimus earns 3.5 stars, landing it at the 59th position. For those considering a broad spectrum of trading symbols and access to diverse markets, XM Group appears to be the superior choice.
| Feature |
XM Group
|
FXPrimus
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1394 | 140 |
| Forex Pairs (Total) | 55 | 42 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | 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 online trading platforms and tools provided by XM Group and FXPrimus, both offer users the opportunity to experience simulated trading through free virtual demo accounts, allowing traders to hone their skills without financial risk. While both brokers support popular platforms like MetaTrader 4 and 5, a notable difference lies in the availability of proprietary platforms: FXPrimus offers a unique in-house platform, whereas XM Group does not. Both brokers cater to various preferences with Windows-based desktop and web-based trading platforms, and they also support copy trading, lending flexibility and accessibility to traders.
Both XM Group and FXPrimus provide traders with 15 drawing tools for charting as well as the capability to trade directly from stock charts, offering seamless and effective trading experiences. These brokers ensure customizable watch lists with seven fields, enhancing the ease of monitoring investments. Despite matching in ratings—each garnering 4 stars for trading platforms and tools—XM Group edges FXPrimus in the ForexBrokers.com rankings, coming in at number 31 out of 62 brokers, compared to FXPrimus's rank of 49. This distinction may weigh in favor of XM Group for those prioritizing broker rankings as a factor in their choice.
| Feature |
XM Group
|
FXPrimus
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | 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 XM Group and FXPrimus, both brokers offer reliable services for iPhone and Android users. Each app provides essential features like stock and forex price alerts, the ability to draw trendlines, and a variety of time frames for viewing charts. Both apps also support adding technical studies, with 30 options available in each. While XM Group and FXPrimus allow users to create watchlists with real-time quotes, XM Group stands out by enabling watchlist symbol syncing with online accounts, a feature FXPrimus lacks. On the other hand, FXPrimus offers automatic saving of chart drawings, which XM Group does not.
In terms of user ratings, both XM Group and FXPrimus earn a consistent four out of five stars for their mobile trading apps. However, in a broader ranking by ForexBrokers.com, XM Group holds a higher position at 29th place among 62 brokers, indicating a slightly better reception compared to FXPrimus, which is ranked 48th. Overall, while both apps are strong contenders in the mobile trading space, XM Group offers additional syncing features, whereas FXPrimus provides automatic drawing saving, giving traders a choice based on their specific needs.
| Feature |
XM Group
|
FXPrimus
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research resources, XM Group and FXPrimus both offer daily market commentary, ensuring their users are continually updated with the latest insights. However, XM Group surpasses its counterpart by providing forex news from reputable sources such as Bloomberg, Reuters, and Dow Jones. While neither broker includes research tools from Autochartist or market analysis from TipRanks and Acuity Trading, XM Group does offer advanced technical analytics through Trading Central. This gives XM Group users the advantage of more sophisticated tools for technical and fundamental analysis.
Further distinguishing XM Group is its sentiment-based trading tool, a feature not found with FXPrimus, which helps traders assess market dynamics more thoroughly. Both platforms provide an economic calendar to track global news events, yet XM Group’s extensive research offerings are reflected in its 5-star rating and an impressive 8th place ranking out of 62 brokers on ForexBrokers.com. FXPrimus, with its more limited set of research tools, holds a 3-star rating and is ranked 58th in the same category, indicating a less comprehensive research experience for its users.
| Feature |
XM Group
|
FXPrimus
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | 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.
When it comes to educational resources for newcomers to trading, XM Group and FXPrimus both provide a solid foundation. Both brokers offer a range of at least ten educational pieces, including articles, videos, and archived webinars, focusing on forex and CFDs. Beginners can engage in monthly online webinars that are conducted by both XM Group and FXPrimus, with the added benefit of accessing a searchable archive of past sessions for continued learning. However, XM Group sets itself apart by offering over ten beginner-focused videos to aid new traders, a feature FXPrimus does not provide.
For those seeking advanced knowledge, XM Group again shines by presenting over ten advanced trading videos, which FXPrimus lacks. Despite neither broker offering an investor dictionary with extensive investing terms, XM Group has earned a stellar 5-star education rating compared to FXPrimus's 3-star rating, ranking it 7th out of 62 brokers in the education category as assessed by ForexBrokers.com. In contrast, FXPrimus is positioned at 51st, making XM Group a strategically stronger option for traders focused on comprehensive educational resources.
| Feature |
XM Group
|
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) | No | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that XM Group is better than FXPrimus. XM Group finished with an overall rank of #17, while FXPrimus finished with an overall rank of #53.
XM Group is a MetaTrader-only broker that offers a strong selection of high-quality educational content and market research.
| Feature |
XM Group
|
FXPrimus
|
|---|---|---|
| Overall Rating |
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| Trust Score | 88 | 71 |
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Both XM Group and FXPrimus do not offer the ability to buy actual delivered cryptocurrency, but they both provide options to purchase cryptocurrency derivatives.
Both XM Group and FXPrimus do not support ACH or SEPA transfers or PayPal for deposits or withdrawals, but they do offer Skrill, Visa or MasterCard, and bank wires as available options for managing account funds.
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 | XM Group | FXPrimus | |
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| Trust Score | 88 | 71 | |
| Winner | check_circle | ||
| Review | XM Group Review |
| Broker Screenshots | XM Group | FXPrimus | |
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| Regulation | XM Group | FXPrimus | |
|---|---|---|---|
| Trust Score | 88 | 71 | |
| Year Founded | 2009 | 2009 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 4 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | XM Group | FXPrimus | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | 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) | XM Group | FXPrimus | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | XM Group | FXPrimus | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1394 | 140 | |
| Forex Pairs (Total) | 55 | 42 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | 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 | XM Group | FXPrimus | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.6 | N/A | |
| All-in Cost EUR/USD - Active | 0.8 | N/A | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | XM Group | FXPrimus | |
|---|---|---|---|
| Minimum Deposit | $5 | $100 | |
| 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 | XM Group | FXPrimus | |
|---|---|---|---|
| Proprietary Platform | No | 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 | No | Yes | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | XM Group | FXPrimus | |
|---|---|---|---|
| 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 | XM Group | 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 | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | XM Group | FXPrimus | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | XM Group | 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) | No | No |
| Major Forex Pairs | XM Group | 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 | XM Group Review |
| Overall | XM Group | FXPrimus | |
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| Trust Score | 88 | 71 | |
| Winner | check_circle | ||
| Review | XM Group Review |
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