XTB Vs FXPrimus

XTB and FXPrimus in Detail

The XTB online trading platform gives traders from all over the world access to over 5,600 financial instruments including over 130 available instruments. There are over 581,000+ registered customers that have taken advantage of the XTB platform.

XTB are regulated by FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19).

FXPrimus is a renowned Cyprus financial trading brokerage established in 2009.

FXPrimus serves customers globally and are regulated by Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID). Depending on the country you are trading from XTB may serve you from a different business entity to comply with its financial regulators.

FXPrimus is not listed on any stock market, does not disclose its yearly report on its website. This is not terribly unusual for a broker, but you will want to check all of this out before you continue. Financial regulation is the most important thing to consider. XTB is listed as a publically traded company so are a reputable broker.

Benefits of XTB and FXPrimus Compared

Below, we will give you a summary of the benefits XTB and FXPrimus offer side by side.

XTB offers a minimum deposit of 0 while FXPrimus have a 100 minimum deposit.

Why smaller trading deposits are good and how XTB and FXPrimus compare

One primary and self-evident factor to remember is that you must only deposit an amount that fits your financial capacity with either XTB or FXPrimus. If you have limited financial resources, the broker with the most affordable deposit option will be more appealing. XTB requires a minimum deposit of 0, whereas FXPrimus mandates a minimum deposit of 100. One additional factor to consider while venturing into more precarious yet potentially lucrative financial instruments is to limit your speculation to a modest proportion of your designated trading funds. It's advisable not to be deterred by a broker's higher minimum deposit, whether it's XTB or FXPrimus, and instead focus on the comprehensive trading features offered by their platform. Frequently, a higher minimum deposit provides access to a wider range of financial assets and research tools on the trading platform.

XTB allows traders to trade up to 5,600 financial instruments while FXPrimus have around 130 on their trading platform.

The more instruments available on XTB and FXPrimus trading platforms the more potential financial instruments you can buy or sell for your portfolio. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of XTB or FXPrimus.

The XTB trading platform has 1,696 stocks listed while FXPrimus has 60 stocks listed.

XTB allows retail traders to trade the following assets Forex, CFDs, Cryptocurrency on the XTB MT4, Mirror Trader, Web Trader, Tablet & Mobile apps trading platforms.

Alternatively FXPrimus allows retail traders to trade Forex, Social Trading on the FXPrimus MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps trading platforms.

Compare XTB and FXPrimus in more detail below.

Drawbacks of XTB and FXPrimus Compared

Below we compare what drawbacks XTB and FXPrimus have side by side.

Various potential downsides can be associated with certain brokers, including XTB and FXPrimus. One primary drawback is the potential restrictions that may be imposed. Generally, the more diverse investment options available, the more favourable the situation. Another critical aspect to consider is the trading fees and commissions charged by XTB compared to FXPrimus. High trading fees and commissions can significantly impact potential profits. Additionally, essential factors to consider are the quality of trading research tools, educational resources, and the overall user-friendliness of XTB versus FXPrimus.

Broker	XTB	FXPrimus	IC Markets
Inactivity Fees	Yes	No	No
Withdrawl Fees	varies	Varies	No
Withdrawal Processing Time	Varies	2-5 business days	Varies
Min Deposit	0	100	200
Social Trading	No	Yes	Yes
Excluded Countries	US, IN, PK, BD, NG , ID, BE, AU	AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC.	US, IR, CA, NZ, JP

XTB Vs FXPrimus Available Financial Markets

The saying 'Variety is the spice of life' holds for financial markets. It is always advisable to have a diversified investment portfolio whether trading with XTB or FXPrimus. A diversified portfolio with XTB or FXPrimus can safeguard your investments from significant downturns in any particular market. For instance, when one stock rises, others may follow suit.

Conversely, when the market takes a downturn, it can be disastrous for your investments. The most effective investment portfolios cover potential risks and encompass many businesses and stocks. When creating a diverse investment portfolio with brokers like XTB or FXPrimus, it is recommended to have access to a variety of tradable assets, commodities, and securities on different trading platforms such as XTB and FXPrimus.

Broker	XTB	FXPrimus	IC Markets
Instruments Available	5600	130	2250
Offers share dealing	No	No	Yes
Number of Shares	1,696	60	2,100
Offers US Stocks	Yes	Yes	Yes
Offers UK Stocks	Yes	Yes	Yes
Offers German Stocks	Yes	No	Yes
Offers Japanese Stocks	Yes	No	Yes
Offers Indices Trading	Yes	Yes	Yes
Number of Commodities	21	0	20
Offers Metals Commodities	Yes	Yes	Yes
Offers Energy Commodities	Yes	Yes	Yes
Offers Agricultural Commodities	Yes	No	Yes
Offers Forex Trading	Yes	Yes	Yes
Number of Forex Pairs	57	45	61
Offers Major Forex Pairs	Yes	Yes	Yes
Offers Minor Forex Pairs	Yes	Yes	Yes
Offers Exotic Forex Pairs	Yes	Yes	Yes
Offers CFD Trading	Yes	Yes	Yes
Offers Social Trading	No	Yes	Yes

XTB Vs FXPrimus Cryptocurrency Trading

Since the creation of Bitcoin, the world of cryptocurrencies has been booming, including on trading platforms like Both XTB and FXPrimus, and it's not difficult to see why. Cryptocurrencies have the potential to turn modest investments into millions, although this is a rare occurrence. This feat is hard to achieve compared to other financial instruments like stocks and shares. Both XTB and FXPrimus offer some form of cryptocurrency trading.

Bitcoin is the most popular cryptocurrency, but thousands of altcoins could experience a similar rise. Altcoins follow the same trajectory as Bitcoin, similar to how stocks rise and fall with the market.

Investing in cryptocurrencies with XTB or FXPrimus is considered a high-risk venture. The prices of cryptocurrencies can experience extreme highs and lows. If you choose to invest in cryptocurrencies, allocating only a fraction of your portfolio or trading budget to it is essential. Crypto trading with XTB or FXPrimus could lead to one of the most exciting trades you've ever made, depending on the market. Please remember that cryptocurrency availability on XTB, FXPrimus, and all brokers are subject to regulation.

We compare XTB vs FXPrimus Crypto options below side by side.

Broker	XTB	FXPrimus	IC Markets
Allows Cryptocurrency Trading (availability subject to regulation)	Yes	No	Yes
Cryptocurrencies Offered	ADA, BTC, BCH, DSH, EOS, ETH, IOTA, LTC, NEO, XRP, XLM, TRX, XEM, XLM, XMR		BTC, BCH, ETH, LTC, DASH, XRP, EOS, EMC, NMC, PPC

XTB Vs FXPrimus Commission and Fees

knowing your trading and commission fees with XTB vs FXPrimus is extremely important. For the majority of the XTB 5,600 financial instruments and FXPrimus 130 available financial instruments .

The price you are being presented with will factor in the fee the broker takes. For example, if a financial asset is at 79.6. You might have to pay 79 to enter. Therefore, you will start with a small loss with XTB and FXPrimus. The bigger the fee, the bigger the issue is. Most alarmingly, some financial assets charge you to hold on to the asset overnight or over the weekend. Some commodities and stocks you are using leverage on may have overnight charges. Please check your fees with XTB and FXPrimus before you invest because you must know what you are paying.

You ideally want to choose a broker like XTB or FXPrimus that does not charge too much for withdrawal fees. High trading fees and commissions will eat into your profits. The fees will be noticeable if you have a low budget and do not intend to invest so much with XTB or FXPrimus. You want the withdrawal fee to be less than one per cent of what you are withdrawing but, more ideally, $5 to $10.

Your location or residence will have an impact on your potential XTB and FXPrimus fees, of course. Make sure you do your research and check the commission and fees with both XTB and FXPrimus before you invest anything.

Some brokers will charge inactivity fees. As the name suggests, this occurs when you have been inactive on your account for a certain period. Also, with XTB or FXPrimus be aware of or 3rd party payment provider fees and currency conversion fees.

XTB does charge inactivity fees, while FXPrimus does not charge inactivity fees.

Numerous notifications are usually sent to you as a reminder of dormant XTB and FXPrimus accounts, giving you sufficient time to decide on the appropriate course of action. You can opt to continue using your XTB or FXPrimus account, or choose to close it.

Usually, the associated fees for dormant XTB or FXPrimus accounts are quite minimal, and there is no need to panic, particularly when the issue can be easily resolved. It's always advisable to keep track of your live XTB or FXPrimus trading account activity to avoid any unnecessary fees or charges.

When you deposit money to a broker like XTB or FXPrimus you might need to pay deposit fees. The lower, the better. Most preferably, you would have to pay XTB or FXPrimus nothing for this. If this is the case, it can be a big problem. Constant deposits will eat into your profit, so this will take some consideration before you sign up.

Let's see how XTB vs FXPrimus compare side by side for commissions and fees.

Broker	XTB	FXPrimus	IC Markets
Min Deposit	0	100	200
Inactivity Fees	Yes	No	No
Withdrawal Fees	varies	Varies	No
Deposit Fees	No	Varies	Varies

XTB Vs FXPrimus Trading Platforms

We live in an accessible world these days. Therefore, your trading platform has to consider this. The ability to trade with the click of a button is essential and allows you to make trading decisions on the XTB and FXPrimus platforms when convenient. Without this, you cannot take advantage of every situation that may or may not occur in the financial markets.

Some brokers offer bespoke trading platforms, so if a particular broker does not offer the trading software you are looking for, their proprietary trading platform may be better. You must test this yourself with an XTB or FXPrimus demo account.

Broker	XTB	FXPrimus	IC Markets
Offers MT4	No	Yes	Yes
Offers MT5	No	Yes	Yes
Offers cTrader	No	No	Yes

XTB Vs FXPrimus Mobile Trading

Trading on your mobile with XTB and FXPrimus can be very useful. Why is this? Well, the stock market sees market movement every second. If you are not near your desktop computer, you will probably be near and have access to your phone and XTB and FXPrimus mobile trading apps. This way, you can take advantage of all potential trading opportunities mobile trading with XTB or FXPrimus. For example, a stock might move to an all-time low when you are out. In this instance, having access to mobile trading with XTB or FXPrimus can help limit your risk and trade on the move.

If you own an iPhone, having an IOS Apple mobile trading app with XTB or FXPrimus is essential. Likewise, if you have an android phone, it's crucial to verify if XTB or FXPrimus broker provides an app compatible with Android devices. If you use Microsoft Windows tablets or phones, you must also check if XTB and FXPrimus have trading apps compatible with your device.

Broker	XTB	FXPrimus	IC Markets
Web Platform	Yes	Yes	Yes
IOS Trading App	Yes	Yes	Yes
Android Trading App	Yes	Yes	Yes
Microsoft Trading App	No	Yes	Yes

XTB Vs FXPrimus Trading Account Types Offered

XTB Vs FXPrimus Demo Account

A demo account with XTB or FXPrimus is extremely useful for people without trading experience. This way, you risk none of your money and test your trading skills in a safe environment. For people with next to no knowledge of trading, we recommend fully signing up with an XTB and FXPrimus demo account.

XTB Vs FXPrimus Micro Account

Micro accounts are trading accounts used by Forex traders that allow them to trade with smaller amounts of capital than standard trading accounts. Micro accounts require a smaller minimum deposit, usually ranging from $1 to $500, and offer smaller trade sizes than standard accounts, allowing traders to manage their risk more effectively.

If you need a micro account check if XTB or FXPrimus offer micro trading accounts in your region.

Overall, micro accounts provide a flexible and cost-effective way for Forex traders to enter the market and gain valuable trading experience while minimizing risks. However, traders need to remember that Forex trading carries significant risks, and they should always approach trading with caution and sound risk management strategies.

Both XTB and FXPrimus do offer Micro accounts.

XTB Vs FXPrimus Standard Account

A standard account is available on XTB and FXPrimus to more experienced traders. This account allows users to trade on stocks, commodities, crypto etc. To open one of these retail investor accounts, users must trade with at least $100. Standard trading accounts are what the majority of people will seek to use.

Both XTB and FXPrimus do offer clients Standard accounts.

XTB Vs FXPrimus MAM Account

A MAM (Multi-Account Manager) account is typically used by professional traders. It allows a trader to manage multiple individual trading accounts from a single master account, making it easier to execute trades and manage risk across multiple clients. MAM accounts can help streamline the trading process and improve efficiency for trader and their clients. If you need a MAM account check if MAM accounts are available with XTB or FXPrimus or alternative.

XTB does not offer clients MAM accounts, while FXPrimus does offer clients MAM accounts.

XTB Vs FXPrimus ECN Account

The primary purpose of ECN accounts is to provide traders with faster execution speeds and better pricing by connecting them directly to the market. ECN accounts allow traders to exploit the tightest spreads and access the deepest liquidity pools.

ECN accounts are used for fast and efficient trading, with lower transaction costs and greater transparency. While they may not be suitable for all traders, those with the necessary experience and expertise can benefit greatly from using an ECN account.

If you need a ECN account check they are available with XTB or FXPrimus or alternative.

XTB does not offer clients ECN accounts, while FXPrimus does offer clients ECN accounts.

XTB Vs FXPrimus Islamic Account

An Islamic account is for people who respect the Quran and want to invest in the Islamic stock market. Islamic trading accounts might seem very niche, but it is essential for those concerned as it follows certain ethics concerning the principles of Islam. They are also referred to as swap-free accounts.

If you need a Islamic account check they are available with XTB or FXPrimus or alternative.

Both XTB and FXPrimus do offer clients Islamic accounts.

XTB Vs FXPrimus STP Account

Straight Through Processing or STP is where a requested client's trade orders are sent directly to the markets. STP brokers aim to reduce all conflicts of interest. STP is a non-dealing desk trading method aimed mainly at Forex traders.

If you need a STP account check they are available with XTB or FXPrimus or alternative.

Both XTB and FXPrimus offer clients STP accounts.

XTB Vs FXPrimus Managed Account

A managed account is a type of investment account where a professional manager or investment firm is responsible for making investment decisions on behalf of the account owner. The account owner typically retains ownership of the underlying assets but delegates responsibility for managing those assets to the manager.

While some managed accounts require significant investment minimums to access the services of a professional manager, many brokers now offer variations of managed accounts that can be accessed with smaller investment amounts. It's important to note that the fees associated with managed accounts can vary widely depending on the level of service the manager provides and the investment strategy employed. Investors should carefully evaluate the costs and benefits of managed accounts before making an investment decision.

XTB does not offer clients Managed accounts, while FXPrimus does offer clients Managed accounts.

Broker	XTB	FXPrimus	IC Markets
Offers Demo Accounts	Yes	Yes	Yes
Offers Micro Accounts	Yes	Yes	No
Offers Standard Accounts	Yes	Yes	Yes
Offers MAM Accounts	No	Yes	Yes
Offers ECN Accounts	No	Yes	No
Offers Islamic Accounts	Yes	Yes	Yes
Offers STP Accounts	Yes	Yes	No
Offers Managed Accounts	No	Yes	No

XTB Vs FXPrimus Withdrawal and Funding Methods

XTB and FXPrimus have multiple deposit and withdrawal options. Funding and withdrawing from your XTB and FXPrimus accounts to your chosen payment method should be straightforward. Lets see how XTB and FXPrimus compare with each other. Be aware that depending on your payment method, there may be additional processing fees from your payment provider or bank for processing and converting your funds. Not all potential fees will come from XTB or FXPrimus.

Broker	XTB	FXPrimus	IC Markets
Payment Methods	Credit cards, MasterCard, Maestro, Visa, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, Poli, Paysafe, Payoneer,	Credit cards, VISA, MasterCard, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, Payoneer, SafeCharge, TrustPay, EmerchantPay, Bitcoin, UnionPay, FasaPay, Giropay,	Credit cards, Debit Cards, PayPal, Wire Transfer, Neteller, Neteller VIP, Skrill, UnionPay, Bpay, FasaPay, Broker to Broker, POLI, Thai Internet Banking, RapidPay, Klarna, Vietnamese Internet Banking, Online Digital Wallets, USDT (Tether),

XTB Vs FXPrimus Customer Support Compared

Customer support is essential when trading. Even professional traders will eventually need the help of XTB or FXPrimus support. Customer support is especially important for traders starting with little knowledge. If you are starting out, you will want to ensure the XTB and FXPrimus support is always available when needed. XTB and FXPrimus customer support is not just useful. broker customer support is crucial to your trading success!

XTB Vs FXPrimus Live Chat

Live chat is important for several reasons. When you encounter a problem with XTB or FXPrimus trading platforms, it is nice to know that the problem has the potential to be sorted out then and there. Also, speaking to someone live is much less frustrating than speaking to someone through several emails.

Both XTB and FXPrimus offer livechat support.

XTB Vs FXPrimus Email Support

When trading CFDs, stocks, commodities, currencies, cryptocurrencies or any other financial instruments with either XTB or FXPrimus you will find Email support is also very useful. Sometimes you might have a more complex question requiring a specific part of the XTB or FXPrimus support team to answer satisfactorily. Email support with XTB and FXPrimus will be needed.

Both XTB and FXPrimus offer email support.

XTB Vs FXPrimus Phone Support

Although most queries can be resolved with the need of a phone call, it is nice when we can explain ourselves with a live human being at either XTB or FXPrimus. We can get straight to the point, saving us time and frustration.

Both XTB and FXPrimus offer phone support.

Lets see how XTB and FXPrimus customer support compare side by side.

Broker	XTB	FXPrimus	IC Markets
Offers Live Chat	Yes	Yes	Yes
Languages	English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish	English, Spanish, Indonesian, Chinese, Thai, Vietnamese, Hungarian, and Malaysian	English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
Support Email	[email protected]	[email protected]	[email protected]
Phone	44 2036953085	357 25262084	No

XTB Vs FXPrimus Regulation and Licensing

Never trade on a market that is not sufficiently regulated. Only submit your bank card information or invest money on financially regulated websites. It would help if you made sure with certainty that your money is held with a regulated brokerage. Checking whether XTB and FXPrimus are regulated is not a hard task. The more reputable and mainstream brokers will proudly display their regulation certificates on their site, and if you cannot see that XTB or FXPrimus have these in place, please be extremely cautious before you proceed with them.

We compare XTB Vs FXPrimus financial regulation and licensing side by side below.

Broker	XTB	FXPrimus	IC Markets
FCA Regulation	No	No	No
CySEC Regulation	Yes	Yes	Yes
MiFID Regulation	No	Yes	No
ASIC Regulation	No	No	Yes
FSCA Regulation	Yes	No	No
DFSA Regulation	Yes	No	No
MAS Regulation	No	No	No

XTB Vs FXPrimus Risk Management Features

When trading with either XTB or FXPrimus you will want to understand and make full use of all the risk management features on your XTB or FXPrimus trading platforms.

We compare side by side the trading risk management features offered by XTB and FXPrimus below.

XTB Vs FXPrimus Hedging

What is hedging? Have you ever heard of the expression 'to hedge ones bets'? Hedging means not speculating solely on the outcome of one event, as holding all your assets in one place could be risky. Hedging in finance means being able to trade to protect yourself from huge risks by limiting risk using diversification. Hedging can be done, for example, by speculating on a stock to rise and against it to rise by using different amounts or different amounts of leverage.

Both XTB and FXPrimus do offer clients hedging.

XTB Vs FXPrimus Stop Loss

Stop loss orders are very useful for more volatile investments, especially when speculating on a stock or Forex currency pair. In a normal trade, you cannot lose more than what you invested, but this is not the case when you are using leverage. Under these terms, it is always good to set a stop loss to protect yourself from any vicious results.

Both XTB and FXPrimus do offer clients stop losses.

XTB Vs FXPrimus Limit Orders

Every broker should allow users to place a limit order. Limit orders are when you have the order to buy a financial instrument at a specific price. Your trade will be executed when the financial asset hits a set price. Limit orders are extremely useful as they allow you to buy stock at a better price! It would be very time-consuming to wait for a stock to fall to a price you would ultimately be satisfied by. Therefore, you can already imagine what helping limit orders can be in your trading career.

Both XTB and FXPrimus do offer clients limit orders.

XTB Vs FXPrimus Negative Balance Protection

Negative balance protection is there to protect its customers. Customers need protection as trading can be volatile, and not everybody who invests knows the full consequences of their trade.

Negative balance protection works like this: Say you invest $50, but your trade can lose $125 because you have used leverage. You will need $125 available in your account to do this trade. Negative balance protection is essential, as it would be unfortunate if you received an unexpected bill from a broker one day.

Both XTB and FXPrimus do offer clients negative balance protection.

Broker	XTB	FXPrimus	IC Markets
Offers Hedging	Yes	Yes	Yes
Negative Balance Protection	Yes	Yes	Yes
Guaranteed Stop Loss	No	No	No
Offers Limit Orders	Yes	Yes	Yes
Offers Trailing Stops	Yes	Yes	Yes

XTB Vs FXPrimus Verdict

We hope this XTB Vs FXPrimus guide has helped you decide who is best to trade with out of XTB and FXPrimus.

When choosing a broker like XTB or FXPrimus for trading, it's important to ensure your money is held in a segregated bank account. Your live trading funds with XTB or FXPrimus are kept separate from the broker's funds and can be returned to you if the broker faces financial difficulties or insolvency when signing up with brokers such as XTB or FXPrimus, it's crucial to verify that they offer this safeguard. By doing so, you can have greater peace of mind and confidence in the safety of your funds as you engage in trading activities with XTB or FXPrimus.

Also, before you sign up with online brokers like XTB or FXPrimus, make sure you know what you are doing. Simple advice, we admit, but we know from experience how many people decide to start trading and then ask questions later. Please know what you are doing with XTB or FXPrimus before investing money into something.

Beware of the risks that come with trading with XTB or FXPrimus. The financial markets can be volatile, and investments can go down and up. Educate yourself, and use all XTB and FXPrimus educational resources and financial research tools. If you are new to trading, sign up for a demo account with XTB and FXPrimus to find which suits you and your trading style.

Some of you might be thinking about what we mean when we say 'trading style'. Here are a few examples. A day trader using XTB or FXPrimus will look to open positions and close them on the same day. Day trading in this way will require a broker that specialises in this. To do this with some brokers would be a bad idea because of the commission and fees involved. Check if XTB and FXPrimus fees match your trading requirements.

Alternatively, you could be on the end of this scale and decide to wait years before you close your investments with XTB or FXPrimus if your investment strategy is more long-term.

XTB and FXPrimus Alternatives

If XTB and FXPrimus are not what you are not quite what you are looking for we list some of the best XTB and FXPrimus alternatives below.

Other XTB and FXPrimus Vs Comparisons

If you are still looking for an alternative to XTB and FXPrimus and want to see how XTB or FXPrimus compares Vs other brokers check out the XTB Vs and FXPrimus Vs list below.

XTB Vs Alternatives

Still not happy have a look at some of our alternative XTB Vs side by side comparisons below

• XTB vs IC Markets
• XTB vs Roboforex
• XTB vs eToro
• XTB vs XM
• XTB vs AvaTrade
• XTB vs Pepperstone
• XTB vs NordFX
• XTB vs Trading 212
• XTB vs FP Markets
• XTB vs easyMarkets

FXPrimus Vs Alternatives

Still not happy have a look at some of our alternative XTB Vs side by side comparisons below

• FXPrimus vs IC Markets
• FXPrimus vs Roboforex
• FXPrimus vs eToro
• FXPrimus vs XM
• FXPrimus vs XTB
• FXPrimus vs AvaTrade
• FXPrimus vs Pepperstone
• FXPrimus vs NordFX
• FXPrimus vs Trading 212
• FXPrimus vs FP Markets

XTB Vs FXPrimus Frequently Asked Questions

We answer some of the most frequently asked XTB Vs FXPrimus questions below.

Is XTB any Good?

Knowing that a broker is legit is the first thing you should check before signing up with a broker. Is XTB legit? - XTB are regulated by FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) and have been in business since 2002

Is FXPrimus any Good?

FXPrimus are regulated by Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) and have been in business since 2009.

Which is better XTB or FXPrimus?

XTB has a good rating, while FXPrimus has a good rating.

Is XTB a con?

XTB is regulated by FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) and have been in business since 2002. We recommend looking at a XTB alternative that has more financial regulation.

Is FXPrimus a con?

FXPrimus is regulated by Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) and have been in business since 2009. FXPrimus is most definitely not a con as they are regulated by major financial regulators.

What happens if XTB or FXPrimus go bust?

XTB and FXPrimus are regulated, which means that as part of their regulatory obligations XTB and FXPrimus have to offer a certain level of financial protection to their clients. XTB and FXPrimus should by law keep client funds separate from XTB and FXPrimus funds. If either XTB or FXPrimus goes bankrupt, they should not have access to your money. Customer accounts should be segregated. A financial services compensation scheme differs from country to country, so check this on the XTB and FXPrimus websites and regulators.

Are XTB or FXPrimus good for beginners?

XTB and FXPrimus offer low deposits and access to a selection of market insights and news resources. Both XTB and FXPrimus offer demo accounts. Demo trading accounts are a big plus for XTB and FXPrimus as it shows they are interested in their customers.