Home page -> Comparison -> FX Primus vs ForexTime (FXTM) | Broker Comparison

Title FX Primus vs ForexTime (FXTM) | Broker Comparison

Basic Information

Year Founded

First broker:

Second broker:

2011

Headquarters Location

First broker:

Second broker:

Limassol, Cyprus

Publicly Traded (Entity or Parent)

First broker:

Second broker:

YES

Regulated?

First broker:

Second broker:

YES

Primary Regulator

First broker:

Second broker:

CySEC

Minimum Deposit

First broker:

Second broker:

$10

Fixed Spreads?

First broker:

Second broker:

NO

Trading Type

First broker:

Second broker:

ECN, STP

Commissions on Trades

First broker:

Second broker:

YES

CFD Loss Rate

First broker:

Second broker:

69% loss rate on CFDs

Maximum Leverage

First broker:

Second broker:

1:30

Currency Pairs Offered

First broker:

Second broker:

50+

General Average Rating - 3 scale

First broker:

Second broker:

2,13

Background

Value

Score

Value

Score

Year Founded

First broker:

Second broker:

2011

2,5

Headquarters location + Offices

First broker:

Second broker:

Limassol, Cyprus

2,0

Publicly traded?

First broker:

Second broker:

No

1,5

Size Measure

First broker:

Second broker:

1 million accts

2,0

Summary Score

First broker:

Second broker:

2,00

Regulatory Compliance

Value

Score

Value

Score

Regulated or unregulated?

First broker:

Second broker:

YES

3,0

Primary regulator

First broker:

Second broker:

CySEC

2,0

Multiple compliance

First broker:

Second broker:

FCA, IFSC, FSCA

2,5

Safety of Deposits

First broker:

Second broker:

Safe if EU, segegated accts

2,0

Summary Score

First broker:

Second broker:

2,38

Fees & Charges

Value

Score

Value

Score

Commissions, Fees & Charges

First broker:

Second broker:

Generally low fees/spreads

2,5

General

First broker:

Second broker:

Confusing by acct/platform

1,5

Spreads

First broker:

Second broker:

Spreads vary by acct/platform

1,5

Summary Score

First broker:

Second broker:

2,00

Investment Products

Value

Score

Value

Score

Stocks - Breadth

First broker:

Second broker:

150 CFDs

1,0

Forex - Breadth

First broker:

Second broker:

Average

2,5

Other: Comm, Crypto, Spread, CFD?

First broker:

Second broker:

Comm, Crypto, CFD, No SB

2,0

Summary Score

First broker:

Second broker:

1,83

Platform experience

Value

Score

Value

Score

MT4 or equivalant

First broker:

Second broker:

Metatrader Only

3,0

Proprietary options

First broker:

Second broker:

None

2,0

Special Advanced?

First broker:

Second broker:

Confusing array of options

2,0

Summary Score

First broker:

Second broker:

2,33

Special Features

Value

Score

Value

Score

Feature A

First broker:

Second broker:

Auto-trading platform

2,5

Feature B

First broker:

Second broker:

Social/Copy trading

2,5

Feature C

First broker:

Second broker:

No trading on mobile app

1,0

Summary Score

First broker:

Second broker:

2,00

Research Tools/Guidance

Value

Score

Value

Score

Financial Commentary

First broker:

Second broker:

Twice daily updates

2,5

Technical Anlaysis

First broker:

Second broker:

Included in commentary

2,5

Other Guidance

First broker:

Second broker:

Basic tools

2,0

Summary Score

First broker:

Second broker:

2,33

Education Support

Value

Score

Value

Score

Basic Library

First broker:

Second broker:

Good to average above

2,5

Webinars/Support

First broker:

Second broker:

ebooks, webinars, videos

2,0

General

First broker:

Second broker:

69% loss rate on CFDs

2,0

Summary Score

First broker:

Second broker:

2,17

Customer Support

Value

Score

Value

Score

Live Chat, Web, Tele, Offices

First broker:

Second broker:

YES

3,0

Responsiveness

First broker:

Second broker:

Above average

2,5

FAQs? Quality?

First broker:

Second broker:

Average

2,0

Summary Score

First broker:

Second broker:

2,50

General Pros & Cons

Value

Score

Value

Score

Pro #1

First broker:

Second broker:

Auto-trading platform

2,5

Pro #2

First broker:

Second broker:

Social/Copy trading

2,5

Pro #3

First broker:

Second broker:

Low fees but confusing

2,0

Con #1

First broker:

Second broker:

Low asset coverage

1,5

Con #2

First broker:

Second broker:

Confusing options platforms

1,0

Con #3

First broker:

Second broker:

No spread betting in UK

1,0

Summary Score

First broker:

Second broker:

1,75

General Average Rating - 3 scale

General Average Rating - 3 scale

First broker:

Second broker:

2,13

Broker links

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