Written by ForexBrokers.com
In this head to head comparison of FXPrimus vs Xtrade, 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 and Xtrade, both established online brokers, offer options for traders seeking regulated platforms. FXPrimus was founded in 2009, whereas Xtrade has been serving clients since 2003. Neither broker is publicly traded or operates as a bank. In terms of regulatory standing, FXPrimus holds one Tier-1 license, indicating a highly trusted status, but it lacks Tier-2 licenses. It has a Trust Score of 71 from ForexBrokers.com, categorizing it as average risk. In comparison, Xtrade not only holds one Tier-1 license but also possesses a Tier-2 license, earning it a slightly higher Trust Score of 74, positioning it closer to a trusted broker.
When evaluating these brokers, both have a foundation of regulatory trust, though Xtrade edges out FXPrimus with its additional Tier-2 license and slightly better trust rating. This might make Xtrade a somewhat more attractive option for clients who prioritize regulation and trust, while FXPrimus continues to be a choice for those who are comfortable with a moderately lower trust score and a shorter operating history.
| Feature |
FXPrimus
|
Xtrade
|
|---|---|---|
| Year Founded | 2009 | 2003 |
| 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 | 1 |
When comparing the costs of trading with online brokers FXPrimus and Xtrade, investors often focus on commissions and fees. Although the average spread data for both is not publicly available, star ratings and rankings can give us some insight. FXPrimus receives 4 stars for its competitive commissions and fees, ranking it at #42 out of 62 brokers according to ForexBrokers.com. This suggests that FXPrimus offers relatively favorable trading conditions compared to many of its competitors.
In contrast, Xtrade has a lower performance in the same category, earning a rating of 2.5 stars. With a ranking of #62 out of 62 brokers, Xtrade falls short in providing appealing commission and fee structures. This may imply higher overall trading costs for users compared to FXPrimus.
For traders evaluating which platform to choose, understanding the differences in commissions and fees between these brokers can be crucial. While FXPrimus presents a more cost-effective option, Xtrade's lower rating might prompt potential users to investigate further into the specific costs involved in trading on their platform.
| Feature |
FXPrimus
|
Xtrade
|
|---|---|---|
| Minimum Deposit | $100 | $250 |
| 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 | 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 Xtrade both offer forex trading through contracts for differences (CFDs) or spot contracts, making them appealing to forex traders. While FXPrimus provides a total of 140 tradeable symbols with 42 forex pairs, Xtrade boasts a larger selection with 482 tradeable symbols, including 56 forex pairs. Neither broker, however, grants access to exchange-traded securities on U.S. or international markets, meaning clients won't be able to purchase stocks like Apple or Vodafone directly.
In terms of cryptocurrency offerings, both FXPrimus and Xtrade allow trading of cryptocurrency derivatives, but neither offer the option to buy actual cryptocurrencies. A unique feature of FXPrimus is its copy trading service, which is not available with Xtrade. Despite the differences in offerings, both brokers received a 3.5-star rating for their range of investments and scored comparably in industry rankings, with FXPrimus at #59 and Xtrade at #49 out of 62 brokers according to ForexBrokers.com.
| Feature |
FXPrimus
|
Xtrade
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 140 | 482 |
| Forex Pairs (Total) | 42 | 56 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | No |
| 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.
FXPrimus and Xtrade both provide free virtual demo accounts, making them accessible choices for those seeking simulated trading experiences. While both brokers offer proprietary trading platforms developed in-house and feature web-based trading platforms, only FXPrimus provides a Windows-based desktop download option. Moreover, FXPrimus supports the widely acclaimed MetaTrader 4 and MetaTrader 5 platforms, offering enhanced capabilities for traders, whereas Xtrade does not support these platforms. While both brokers allow trading directly from stock charts, FXPrimus takes a step ahead by offering copy trading, a feature that Xtrade lacks.
When it comes to charting tools, FXPrimus presents traders with 15 drawing tools, in contrast to Xtrade's impressive offering of 100 drawing tools. FXPrimus provides seven columns for watchlists, while Xtrade offers a slightly higher number of nine columns. FXPrimus is rated four stars for trading platforms and tools, ranking #49 out of 62 brokers on ForexBrokers.com. Conversely, Xtrade scores 3.5 stars and ranks #58, reflecting a somewhat lower satisfaction rating among its users. Overall, FXPrimus appears to provide a more comprehensive platform offering, particularly for traders valuing desktop and third-party options like MetaTrader.
| Feature |
FXPrimus
|
Xtrade
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | N/A |
| Charting - Drawing Tools (Total) | 15 | 100 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 9 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of FXPrimus and Xtrade, both brokers offer apps compatible with iPhone and Android devices. However, FXPrimus stands out by providing several advanced features not available with Xtrade. FXPrimus offers stock and forex price alerts, empowering traders with timely notifications for better decision-making. By contrast, Xtrade does not support price alerts. Both brokers lack watchlist symbol syncing, meaning watchlists created in the mobile app do not automatically sync with the client's online account.
FXPrimus particularly shines in technical analysis capabilities, offering 30 technical studies for its charting tools, as well as the ability to draw trendlines. In contrast, Xtrade does not offer these charting features. FXPrimus also allows viewing multiple time frames on charts and automatically saves drawings, features which Xtrade does not support. While both platforms allow the creation of watchlists, only FXPrimus provides real-time quotes. Despite different feature sets, both apps are rated four stars for mobile trading, though FXPrimus is ranked slightly higher in the mobile trading apps category by ForexBrokers.com.
| Feature |
FXPrimus
|
Xtrade
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | No |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | N/A |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Multiple Time Frames | Yes | No |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | No |
Dive deeper: Best Forex Trading Apps.
FXPrimus and Xtrade both excel in providing daily market commentary and maintain an informative economic calendar, crucial for traders looking to stay updated on global financial events. However, in the realm of forex news, Xtrade takes the lead by offering insights from high-caliber sources like Bloomberg and Reuters, which FXPrimus does not provide. Neither broker offers advanced technical analysis tools from companies like Autochartist or Trading Central, and they also lack sentiment-based trading tools and TipRanks market research.
In terms of overall research capabilities, Xtrade slightly edges out FXPrimus with a research rating of 3.5 stars compared to FXPrimus's 3 stars. This difference is reflected in their standings on ForexBrokers.com, where Xtrade is ranked #52 out of 62 brokers, while FXPrimus trails at #58. These ratings suggest that while both brokers offer basic market support features, Xtrade provides a marginally more comprehensive selection of resources for traders looking to make informed decisions.
| Feature |
FXPrimus
|
Xtrade
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | No |
| 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 it comes to educational resources for beginners, both FXPrimus and Xtrade offer a variety of tools to help new traders get started. FXPrimus provides a comprehensive selection of educational content, including over ten articles, videos, and archived webinars focused on forex and CFDs. What sets FXPrimus apart is its commitment to ongoing education through monthly client webinars and access to a searchable archive of past sessions. However, for beginner-specific educational videos or an investor dictionary, FXPrimus doesn't quite hit the mark. Despite these shortcomings, their education offering garners a respectable three-star rating and ranks them 51st out of 62 brokers according to ForexBrokers.com.
Xtrade, on the other hand, matches FXPrimus in the provision of educational articles and videos about forex and CFDs, but it lacks monthly educational webinars and a way to revisit past webinars. Xtrade does offer an extensive investor dictionary, which includes definitions for over 50 investing terms, giving it an edge in that area. With a slightly higher education rating of 3.5 stars and a better ranking of 46th out of 62 brokers, Xtrade seems to be ahead in some areas, yet still has room for improvement, especially in interactive and beginner-focused content.
| Feature |
FXPrimus
|
Xtrade
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| 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 Xtrade. FXPrimus finished with an overall rank of #53, while Xtrade finished with an overall rank of #59.
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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Xtrade
|
|---|---|---|
| Overall Rating |
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| Trust Score | 71 | 74 |
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Both FXPrimus and Xtrade do not offer the ability to purchase actual delivered cryptocurrency, but they do provide options to trade cryptocurrency derivatives.
FXPrimus and Xtrade both do not provide ACH or SEPA transfers or PayPal for fund transactions, but they offer similar deposit and withdrawal options, including Skrill, Visa or 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 | Xtrade | |
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| Trust Score | 71 | 74 | |
| Winner | check_circle | ||
| Review | Xtrade Review |
| Broker Screenshots | FXPrimus | Xtrade | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) | |||
| Mobile Trading Gallery (click to expand) | |||
| Research Gallery (click to expand) | |||
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| Regulation | FXPrimus | Xtrade | |
|---|---|---|---|
| Trust Score | 71 | 74 | |
| Year Founded | 2009 | 2003 | |
| 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 | 1 |
| Tier-1 Licenses (Highly Trusted) | FXPrimus | Xtrade | |
|---|---|---|---|
| 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 | Xtrade | |
|---|---|---|---|
| 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 | Xtrade | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 140 | 482 | |
| Forex Pairs (Total) | 42 | 56 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | No | |
| 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 | Xtrade | |
|---|---|---|---|
| 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 | Xtrade | |
|---|---|---|---|
| Minimum Deposit | $100 | $250 | |
| 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 | Xtrade | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | Yes | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | FXPrimus | Xtrade | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | No | |
| Watchlists - Total Fields | 7 | 9 | |
| Charting - Indicators / Studies (Total) | 30 | N/A | |
| Charting - Drawing Tools (Total) | 15 | 100 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | FXPrimus | Xtrade | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | No | |
| Mobile Watchlist | Yes | No | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Multiple Time Frames | Yes | No | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | No |
| Research | FXPrimus | Xtrade | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | FXPrimus | Xtrade | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| 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 | Xtrade | |
|---|---|---|---|
| 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 | Xtrade Review |
| Overall | FXPrimus | Xtrade | |
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| Trust Score | 71 | 74 | |
| Winner | check_circle | ||
| Review | Xtrade Review |
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