FXTM vs PrimeXBT

FXTM vs PrimeXBT Comparison Table 2023
FXTM Review 2023 PrimeXBT Review 2023
4
4.1
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

FXTM is a top-rated forex and CFD broker. The company is secure and regulated by leading authorities, including the FCA and CySEC. Offering 1000+ markets and three account types, they cater to all levels of trader.

PrimeXBT is a multi-asset platform offering highly leveraged trading in forex, indices, commodities and cryptocurrencies. The company launched in 2018 and now has over 1 million users from more than 150 countries. With no minimum deposit, copy trading features and low commissions, the broker has become popular among new and experienced traders.

Bonus Offer
30% up to $100 via Exinity Ltd $100 Deposit Bonus
Promotions

Enter PrimeXBT Virtual Contests To Win Real Prizes

Comment by Reviewer
"FXTM is a good pick for forex traders seeking low fees, excellent market research and access to the familiar MetaTrader 4 platform." "PrimeXBT is great for investors looking to buy and trade derivatives on a wide range of cryptocurrencies. The brand is also a good pick for newer investors looking for copy trading."
Pros
  • Free educational materials and market insights
  • Customer support in 30+ languages
  • Negative balance protection
  • Regulated by FCA & CySEC
  • Multiple industry awards
  • 1000+ financial assets
  • Transparent pricing
  • Beginner-friendly
  • Copy trading
  • Forex VPS
  • Excellent platform and app which provide access to a mix of traditional and digital assets
  • High trust score with a secure track record and no client funds stolen
  • The long list of cryptos available provides plenty of trading opportunities
  • Demo trading competitions with cash prizes
  • Easy-to-use copy trading tool
Cons
  • No ETFs or bonds
  • Selection of stocks is not extensive
  • Mediocre spreads on commission-free accounts
  • Limited e-wallet payment options
  • Withdrawal fees
  • BTC withdrawal fee
  • No regulatory oversight
  • No MetaTrader 4 integration
  • No telephone customer support
Awards
  • Best Trading Experience 2021 - World Finance Awards
  • Best Online Leveraged Trading Services 2021 - Global Business Awards
  • Best Forex Education Partner Nigeria 2021 - World Business Outlook
  • Best Trading Experience 2020 - World Finance Awards
  • Best ECN Broker 2020 - DayTrading.com
  • Best Crypto Trading App
  • Best Platform For Margin Trading
  • Most Trusted Crypto Asset Trading Platform
  • Best Crypto And Forex Broker
Instruments
Forex, CFDs, Indices, Commodities, Stocks CFDs, Cryptos, Forex, Indices, Commodities, Futures
Demo Account
Yes Yes
Minimum Deposit
$50 $0
Trading Platforms
  • MT4
  • AutoChartist
  • Own
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
CySEC, FCA, FSCA, FSC
Margin Trading
Yes Yes
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 Yes
Market Maker
Yes No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS, Android & Windows iOS & Android
Auto Trading
FXTM Invest plus Expert Advisors (EAs) on MetaTrader Yes
Copy Trading
Yes Yes
Copy Trading Platform
FXTM Invest is a popular copy trading app connecting clients to established investors with successful portfolios. Learn from traders with proven strategies in forex, stocks and more. PrimeXBT offers an excellent Covesting module where traders can follow the strategies of other users with free and paid-for signals. Once you have found a suitable trader you simply need to hit 'follow' to get started.
Social Trading
Yes Yes
Trade Signals
Yes No
VPS Hosting
Yes No
Tournaments
No Yes
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$5 $0
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • PLN
  • CZK
  • NGN
  • USD
  • EUR
  • GBP
Stock Exchanges
Commodities
CFD Trading
FXTM's CFD list includes forex, stocks, commodities and indices. The global entity also offers crypto CFDs. Leverage depends on jurisdiction, with rates up to 1:30 from its CySEC-regulated branch and a massive 1:2000 from its global entities. Trade CFDs across four asset classes with leverage up to 1:1000. Beginners can also take advantage of the broker's useful technical analysis guides and CFD education, plus 24/7 in-platform support via live chat.
Leverage
1:30 (EU), 1:2000 (Global) 1:1000
FTSE Spread
1.3 pts Variable
GBPUSD Spread
0.3 (var) Variable
Oil Spread
9 pts (var) Variable
Stocks Spread
0.1% Var Variable
Forex Trading
FXTM offers 60+ forex pairs plus 6 indices which track a basket of popular currencies. The brand's ECN accounts offers impressive spreads from 0 with low commissions from $0.40 to $2 per lot and commission-free spreads start from 1.5 pips. Go long or short on 50 forex pairs including the EUR/USD and GBP/USD with zero commissions. There are plenty of opportunities to buy and sell currencies via margin or copy trading.
Forex App

FXTM deliver a great mobile trading experience. Fast, secure and easy-to-use, the app supports both MetaTrader 4 and 5 and delivers real time quotes, all trading execution types and full account maintenance. The charting facilities are also among the best of any mobile app. Download it today.

GBPUSD Spread
0.3 (var) Variable
EURUSD Spread
0.1 (var) Variable
EURGBP Spread
0.2 (var) Variable
Assets
50+ 45+
Currency Indices
  • USD
  • EUR
  • GBP
  • JPY
  • AUD
  • NZD
Cryptocurrency
Crypto trading not offered Trade popular cryptos with commissions as low as 0.05% and high leverage up to 1:200. Another bonus is that you can join 10,000+ traders in crypto trading contests with real prizes.
Spread
Variable 0.05% BTC, 0.05% ETH
Coins
  • BTC
  • ETH
  • LTC
  • XRP
  • BTC
  • LTC
  • ETH
  • XRP
  • EOS
  • ADA
  • DOT
  • SOL
  • UNI
  • LINK
  • DOGE
  • BNB
  • ICP
  • SAND
  • more
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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