Written by ForexBrokers.com
In this head to head comparison of Plus500 vs FXPrimus, 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.
Plus500 and FXPrimus are prominent online brokers in the trading market, each offering unique features. Established in 2008, Plus500 is a well-regarded broker, publicly traded on a stock exchange, that boasts an impressive Trust Score of 99 out of 99 according to ForexBrokers.com. The broker holds an extensive set of 6 Tier-1 licenses, which indicates a high level of trust, and 3 Tier-2 licenses. In contrast, FXPrimus has been in operation since 2009 and isn't publicly traded. It holds a Trust Score of 71, which implies an average risk level. The broker has 1 Tier-1 license, showing reliability but fewer trusted credentials in comparison.
Neither Plus500 nor FXPrimus operates as a bank, which is an important consideration for traders looking at non-bank entities. The disparity in Trust Scores and licenses suggests that Plus500 is perceived as a more secure choice for traders who value regulatory trustworthiness, while FXPrimus may appeal more to those who prioritize other aspects of trading platforms.
| Feature |
Plus500
|
FXPrimus
|
|---|---|---|
| Year Founded | 2008 | 2009 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 6 | 1 |
| Tier-2 Licenses | 3 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
When comparing the commissions and fees of online brokers Plus500 and FXPrimus, both companies hold a rating of 4 out of 5 stars in this category. Plus500 ranks 25th out of 63 brokers, while FXPrimus comes in at 42nd according to ForexBrokers.com. Both brokers receive the same star rating, but their rankings highlight Plus500 as the more competitive option in terms of pricing.
Plus500’s pricing is slightly above the industry average, especially when looking at its spreads. For instance, during April 2024, Plus500 had an average spread of 1.5 pips for the widely traded EUR/USD currency pair, which is higher than the typical market rate. While Plus500 does not offer discounts to retail clients, they do provide cash rebates for those who qualify as Professional clients, similar to an active trader program.
On the other hand, FXPrimus lacks available average spread data, making it harder to compare directly with Plus500 in this area. Despite the absence of specific spread information, FXPrimus still matches Plus500 in star ratings for commissions and fees, though it ranks lower overall. Therefore, traders might find Plus500 more appealing if they can meet the qualifications for its cash rebates, despite the higher spread.
| Feature |
Plus500
|
FXPrimus
|
|---|---|---|
| Minimum Deposit | €50 | $100 |
| Average Spread EUR/USD - Standard | 1.3 | N/A |
| All-in Cost EUR/USD - Active | 1.3 | N/A |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | 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.
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When it comes to the variety of investments available, Plus500 and FXPrimus cater to different needs. Plus500 shines with an extensive selection, offering 5,500 tradeable symbols, including 65 forex pairs, allowing traders to explore a broad spectrum of opportunities. In contrast, FXPrimus provides 140 symbols with 42 forex pairs, which might be more suitable for traders focusing more narrowly on forex. Plus500 also stands out by offering access to exchange-traded securities on both U.S. and international exchanges, enabling clients to invest directly in well-known companies like Apple and Vodafone. FXPrimus, however, does not provide direct access to exchange-traded securities. Both platforms offer forex trading through CFDs and allow for trading cryptocurrency derivatives, though neither supports the purchase of actual cryptocurrencies.
For those interested in social trading features, FXPrimus offers copy trading, a feature not available with Plus500. Regarding the overall range of investments, Plus500 receives a 4.5-star rating, significantly outperforming FXPrimus with its 3.5 stars. Furthermore, Plus500 holds an impressive #20 ranking out of 63 brokers in this category on ForexBrokers.com, while FXPrimus is further down the list at #59. Traders seeking a broader range of investment options might find Plus500 more appealing, while FXPrimus may attract those looking for a platform with social trading capabilities.
| Feature |
Plus500
|
FXPrimus
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 140 |
| Forex Pairs (Total) | 65 | 42 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | No | Yes |
| 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). Non-CFD share trading at Plus500 is only available through the Plus500 Invest account. | 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.
Plus500 and FXPrimus both offer traders the opportunity to hone their skills with a free virtual demo account. When it comes to trading platforms, Plus500 has developed its own proprietary platform, accessible via the web, but lacks a Windows-based desktop download option. In contrast, FXPrimus not only offers a proprietary platform, but also supports the well-known MetaTrader 4 (MT4) and MetaTrader 5 (MT5), along with a downloadable Windows platform. FXPrimus also stands out with its copy trading feature, an option unavailable with Plus500. However, neither broker provides features such as DupliTrade or ZuluTrade.
Plus500 excels in its offering of 36 drawing tools for charting, compared to FXPrimus' 15 tools. While FXPrimus allows for direct trading from stock charts, Plus500 does not. In terms of watch lists, Plus500 provides more flexibility with 10 columns compared to FXPrimus' 7. Overall, Plus500 scores higher in Trading Platforms and Tools with a rating of 4.5 stars and ranks 14th out of 63 brokers, while FXPrimus has a rating of 4 stars, ranking 49th. This makes Plus500 a slightly more favorable option for traders looking for a comprehensive trading platform experience.
| Feature |
Plus500
|
FXPrimus
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 115 | 30 |
| Charting - Drawing Tools (Total) | 36 | 15 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 10 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
For traders on the go, the mobile apps offered by Plus500 and FXPrimus provide convenient ways to stay connected to the markets. Both brokers offer apps for iPhone and Android, along with stock or forex price alerts and the ability to draw trendlines on charts. However, the Plus500 mobile app offers more comprehensive charting tools with 115 technical studies, compared to the 30 studies available in the FXPrimus app. Plus500 also allows seamless syncing of watchlist symbols between the app and the online account, a feature not available with FXPrimus. On the flip side, FXPrimus has an edge with its auto-save feature for drawing on charts, a functionality that Plus500 lacks.
The user experience ratings reflect these differences, with Plus500 earning 4.5 stars for its mobile trading app, as opposed to FXPrimus’s 4-star rating. In industry rankings, Plus500 stands out at 14th place among 63 brokers for mobile trading apps, whereas FXPrimus is positioned at 48th. Both apps allow the creation of watchlists with real-time quotes, making them capable choices for traders who need quick access to market information.
| Feature |
Plus500
|
FXPrimus
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 115 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research offerings, Plus500 and FXPrimus provide daily market commentary, ensuring traders are kept up to date with insights and opinions on the financial markets. However, neither broker features news from leading sources like Bloomberg or Reuters. When it comes to research tools, Plus500 has an edge with access to Trading Central's resources like technical analytics, although both brokers lack tools from Autochartist and Acuity Trading. Plus500 also includes a sentiment-based trading tool, giving traders insights on market positions which FXPrimus does not offer. Moreover, both brokers offer an economic calendar for tracking events that impact global markets.
In terms of research ratings, Plus500 stands stronger and is rated with 4.0 stars, significantly above FXPrimus's 3-star rating. This reflects Plus500's superior offerings, particularly in the availability of Trading Central tools and sentiment analysis. According to ForexBrokers.com, Plus500 ranks 19 out of 63 brokers in the research category, highlighting its competitive advantage. In contrast, FXPrimus is placed much lower, coming in at 58, emphasizing the scope for improvement in their research services.
| Feature |
Plus500
|
FXPrimus
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | No |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources available for beginners at Plus500 and FXPrimus, both platforms provide a solid foundation of learning materials. Each offers over ten educational pieces, including articles and videos, focused on forex or CFDs. They also conduct online webinars at least once a month, which can be a great way for beginners to get live insights. Furthermore, both brokers maintain a searchable archive of these webinars, allowing traders to revisit past sessions at any time. However, Plus500 distinguishes itself by offering more targeted video content for both beginners and advanced traders, featuring ten or more in each category. In contrast, FXPrimus does not match this volume of specialized video education.
Despite neither broker offering an investor dictionary with a comprehensive list of investing terms, Plus500 achieves a higher education rating, securing 4.0 out of 5 stars, compared to FXPrimus's 3-star rating. According to ForexBrokers.com, Plus500 ranks higher at 31st out of 63 brokers, while FXPrimus comes in at 51st. For beginners seeking a more structured and varied approach to learning trading basics, Plus500 might be the better choice, offering a more expansive and varied educational experience. Meanwhile, FXPrimus provides a more fundamental level of resources, suiting those seeking essential guidance to start their trading journey.
| Feature |
Plus500
|
FXPrimus
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | No | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Plus500 is better than FXPrimus. Plus500 finished with an overall rank of #14, while FXPrimus finished with an overall rank of #53.
Plus500 is a trusted global brand that offers an easy-to-use trading platform for online traders, alongside access to a thorough selection of CFDs. Share trading is available, but only via its Plus500 Invest product offering.
| Feature |
Plus500
|
FXPrimus
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 71 |
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Both Plus500 and FXPrimus do not offer the option to buy actual cryptocurrencies, but they do provide the ability to trade cryptocurrency derivatives.
While both Plus500 and FXPrimus offer Skrill, Visa, Mastercard, and bank wire transfer options for funding and withdrawing account funds, Plus500 uniquely provides the convenience of PayPal, which is not available through FXPrimus, and neither platform supports ACH or SEPA transfers.
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 | Plus500 | FXPrimus | |
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| Trust Score | 99 | 71 | |
| Winner | check_circle | ||
| Review | Plus500 Review |
| Broker Screenshots | Plus500 | FXPrimus | |
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| Regulation | Plus500 | FXPrimus | |
|---|---|---|---|
| Trust Score | 99 | 71 | |
| Year Founded | 2008 | 2009 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 6 | 1 | |
| Tier-2 Licenses | 3 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | Plus500 | FXPrimus | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | Yes | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | Plus500 | FXPrimus | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | Yes | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Plus500 | FXPrimus | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5500 | 140 | |
| Forex Pairs (Total) | 65 | 42 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | No | Yes | |
| 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). Non-CFD share trading at Plus500 is only available through the Plus500 Invest account. | 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 | Plus500 | FXPrimus | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.3 | N/A | |
| All-in Cost EUR/USD - Active | 1.3 | N/A | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Plus500 | FXPrimus | |
|---|---|---|---|
| Minimum Deposit | €50 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | 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 | Plus500 | FXPrimus | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | Yes | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Plus500 | FXPrimus | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 10 | 7 | |
| Charting - Indicators / Studies (Total) | 115 | 30 | |
| Charting - Drawing Tools (Total) | 36 | 15 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Plus500 | FXPrimus | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 115 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Plus500 | FXPrimus | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Plus500 | FXPrimus | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | No | No |
| Major Forex Pairs | Plus500 | FXPrimus | |
|---|---|---|---|
| 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 | Plus500 Review |
| Overall | Plus500 | FXPrimus | |
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| Trust Score | 99 | 71 | |
| Winner | check_circle | ||
| Review | Plus500 Review |
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