FXPrimus vs MTrading

FXPrimus vs MTrading Comparison Table 2024
FXPrimus MTrading
4
2.8
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

FXPrimus is an award-winning CySEC-regulated brokerage offering CFD trading on 200+ instruments via the MetaTrader 4, MetaTrader 5 and cTrader platforms. The choice between a competitive commission-free account and two affordable raw spread options make this an accessible broker for anyone seeking forex, stocks, indices and commodities with high leverage.

MTrading is an offshore broker that offers a simple trading experience through the MetaTrader 4 platform. There are over 100 tradeable assets with floating spreads starting at around 1.2 pips and leverage up to 1:1000. The brokerage has over a decade of experience in the online trading industry with hundreds of thousands of registered traders globally.

Customer Reviews
5
4
Bonus Offer
Monthly Promos 200% deposit bonus with MPremium
Comment by Reviewer
"FXPrimus's platform support, fast execution, raw spread/commission-free accounts and copy trading support make it a good all-rounder for beginner and experienced forex traders." "MTrading is best for beginners to intermediate traders looking for access to popular financial markets and copy trading tools."
Pros
  • Choice of MT4, MT5 and cTrader platforms gives traders great flexibility
  • Reputable broker with years of awards makes FXPrimus a credible broker
  • High leverage available up to 1:1000, or 1:500 on the higher-tier raw spread account
  • Copy trading support through a PAMM function allows beginner or time-poor traders to earn money from experienced pros
  • Good range of account types with a $15 minimum deposit on the cent account through to an achievable $1000 minimum for the PrimusZERO account
  • Excellent range of accepted funding methods with 12 accepted currencies, e-wallet and international banking options, and fees covered by the broker
  • Straightforward trading experience with an easy-to-use terminal
  • Supports the popular MT4 platform as well as the multi-platform and supreme editions
  • High leverage available of up to 1:1000, allowing confident traders to boost their positions
  • Copy trading available with detailed ranking system
  • 200% deposit bonus and cashback scheme
  • Free demo account for prospective users
Cons
  • Relatively small range of assets, with just 45+ forex pairs
  • High $8 MT5/$10 MT4 commissions on the Primus Pro account
  • This broker does not accept traders from the US
  • Not regulated by a reputable financial body
  • Relatively wide spreads, starting at more than 1 pip on popular assets
  • Deposit and withdrawal fees on some payment methods will cut into profits
  • Limited market access with only around 100 instruments - few stocks and no crypto
Awards
  • Most Trusted Broker South East Asia & Africa 2020 - International Investor Magazine
  • Best Forex Broker South East Asia 2020 - Finance Derivative
  • Change Africa Summit Award 2019
  • FiNEXPO Best Broker 2019 & 2018
  • Best Forex Rebate Provider 2016
Instruments
CFDs, Forex, Stocks, Cryptos, Futures, Options, Commodities, Bonds Forex, CFDs, indices, commodities
Demo Account
Yes Yes
Minimum Deposit
$15 $100
Trading Platforms
  • MT4
  • MT5
  • cTrader
  • MT4
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
CYSEC, MIFID, ICF, FCA, BaFin, VFSC
Margin Trading
Yes No
STP Account
Yes No
ECN Account
Yes No
DMA Account
No No
MAM Account
Yes No
PAMM Account
Yes No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS & Android Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader Yes (APIs)
Copy Trading
Yes Yes
Copy Trading Platform
Replicate the success of other traders via the cTrader platform or the FXPrimus MAM solution. Traders retain control over their capital and can get started in a few easy steps. Investors can subscribe to signals from other traders using an intelligent rating system and full account management. Learn while following and copying the positions of more experienced traders.
Social Trading
No Yes
Trade Signals
Yes Yes
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • ZAR
  • SGD
  • PLN
Stock Exchanges
Commodities
CFD Trading
Trade CFDs on forex, stocks, metals, energies, cryptos and indices with high leverage up to 1:1000 on major currency pairs, 1:200 on metals, 1:100 on indices, 1:33 on stocks and energies, and 1:5 on cryptocurrencies. The range of 200+ instruments is not the biggest on the market, but the variety of asset classes provides flexible trading options for most traders. MTrading provides CFDs on 10 indices and 65+ stocks with a transparent pricing structure. The broker also very high leverage up to 1:1000, magnifying both returns and losses.
Leverage
1:1000 1:25
FTSE Spread
From 0.1 0.8
GBPUSD Spread
From 0.1 1.7
Oil Spread
From 0.1 9.0
Stocks Spread
Variable Variable
Forex Trading
Trade on 45+ majors, minors, crosses and exotics, with competitive pricing, ultra-fast execution and no requotes. Newer traders can access zero-commission trading. Experienced forex traders can operate with no trading restrictions and benefit from an ECN account and a VPS service. MTrading offers a good range of 65+ forex pairs with zero commission on its M.Premium account and 25 pairs with $4-per-lot commission on the M.Pro account. However floating spreads are wide and start from 1.2 pips.
GBPUSD Spread
From 0.1 1.7
EURUSD Spread
From 0.1 1.2
EURGBP Spread
From 0.1 1.7
Assets
45 60+
Cryptocurrency
Trade a small selection of CFDs on crypto tokens in USD pairs. While the selection of cryptocurrencies is very limited, the 1:5 maximum leverage is higher than many similar brokers, making this a decent option for forex traders to dip into if not for dedicated crypto traders. Crypto trading not offered
Spread
Floating
Coins
  • BTC
  • DSH
  • ETH
  • LTC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
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