FXCM vs PrimeXBT Comparison

Last updated Jul 31, 2025
FXCM LogoFXCM
4.3/5
Register67-72% of retail investors lose money when trading CFDs with this broker
VS
PrimeXBT LogoPrimeXBT
4.4/5
RegisterTrading CFDs carries high risks. You may lose all invested funds

We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.

Comparison Table of FXCM and PrimeXBT

BrokerFXCMPrimeXBT
Rating
4.3/5
4.4/5
Foundation Year19992018
Regulated in CountriesUnited Kingdom, Australia, Cyprus, South Africa, Canada, Israel, Saint Vincent and the GrenadinesSouth Africa, Seychelles, El Salvador, Mauritius
Minimum Deposit
  • 50 USD
  • 10 USD
Spreadfrom 0 pointsfrom 0.1 points
Max Leverage1:10001:1000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • Trading Station
  • TradingView
  • PXTrader
  • MetaTrader 5
ReviewFXCM Review PrimeXBT Review

FXCM is suitable for traders of all levels. Beginners will find educational materials and helpful analytics, while experienced traders will appreciate various instruments and flexible platforms.

PrimeXBT is well-suited for active Forex and cryptocurrency traders: scalpers, high-leverage enthusiasts, copy traders, and those starting with a small deposit.

FXCM Review

FXCM Logo
Register67-72% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Cryptocurrency
Trading Platforms
MetaTrader 4Trading StationTradingView
compare FXCM trading accounts

FXCM represents a comprehensive solution that will benefit traders of all levels — from beginners to professionals. Beginners will appreciate the accessible educational materials and analytics, while experienced traders can use various instruments and flexible platform settings.

However, it's essential to consider drawbacks such as fees for account inactivity and the limited variety of trading accounts. These factors may be particularly significant for traders who do not plan to trade actively or are looking for more options for customization.

The broker offers a good balance between high-quality services and reasonable rates, making it an attractive choice for a broad spectrum of traders.

Pros and Cons of FXCM

Pros

  1. Diverse methods for deposit and withdrawal.
  2. Wide range of markets and products for trading.
  3. A broad spectrum of trading platforms.
  4. Extensive and quality materials for making informed decisions.
  5. Quick and efficient help in solving emerging issues.

Cons

  1. Insufficient variety of trading accounts.
  2. Inactivity fees and commissions for bank transfer withdrawals.
  3. Protracted account opening and verification process.

PrimeXBT Review

PrimeXBT Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks Cryptocurrency
Trading Platforms
PXTraderMetaTrader 5
compare PrimeXBT trading accounts

PrimeXBT is an excellent platform for active Forex and cryptocurrency traders, scalpers, high-leverage enthusiasts, and those who value rapid registration, low fees, and integrated copy trading. The platform is particularly attractive if you combine margin trading on traditional markets with crypto futures, and do not require spot ETFs, bonds, or first-tier licenses (FCA/CySEC). Moreover, extensive tournaments, bonuses, and VIP discounts make it appealing for beginner traders looking to start without large deposits.

Pros and Cons of PrimeXBT

Pros

  1. Fast registration and verification.
  2. Tight spreads and low fees on crypto futures.
  3. Unified account for Forex, CFDs, cryptocurrencies, copy trading, and tournaments.
  4. No inactivity fees.
  5. 3 free fiat withdrawals per month.
  6. 24/7 customer support.

Cons

  1. Second-tier regulation (FSA Seychelles, FSCA South Africa; no FCA/CySEC).
  2. Balance denominated only in USD – potential conversion costs.
  3. No telephone support.

Reliability

BrokerFXCMPrimeXBT
Reliability
5/5
4.6/5
Foundation Year19992018
Regulated in CountriesUnited Kingdom, Australia, Cyprus, South Africa, Canada, Israel, Saint Vincent and the GrenadinesSouth Africa, Seychelles, El Salvador, Mauritius
Regulators
-

FXCM

FXCM is a well-regulated broker with numerous licenses from various global organizations.

PrimeXBT

FSCA and FSA licenses, segregated accounts, NBP, and FinCom membership enhance protection; however, the absence of reputable regulators (FCA, ASIC) presents a moderate jurisdictional risk.

Pros

  1. Multi-tier regulation
  2. Segregation of funds and NBP
  3. External arbitration (Financial Commission)

Cons

  1. Lacks licenses from more stringent regulators (FCA, ASIC)

Account Opening

BrokerFXCMPrimeXBT
Account Opening
4/5
5/5
Minimum Deposit
  • 50 USD
  • 10 USD

FXCM

The account opening process at FXCM is logically organized and efficient, providing clear steps for traders. The structured system and quick verification make this process convenient and straightforward.

Pros

  1. Clear and structured registration form.

Cons

  1. Verification waiting time can take up to 3 days.

PrimeXBT

Opening an account on PrimeXBT is simple: just an email and password, with no lengthy forms required. KYC is auto-verified in about 2 minutes, and deposits start at only $10. The entire process from registration to trading takes roughly 5-10 minutes.

Pros

  1. Instant registration
  2. Automated KYC within minutes
  3. Deposit from $10

Account Types

BrokerFXCMPrimeXBT
Account Types
4/5
4/5
Trading Accounts
  • Standard
  • PXTrader
Minimum Deposit
  • 50 USD
  • 10 USD
Spreadfrom 0 pointsfrom 0.1 points
Max Leverage1:10001:1000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • Trading Station
  • TradingView
  • PXTrader
  • MetaTrader 5
Demo Account
Swap-free Account

FXCM

FXCM offers two types of accounts: Mini for beginners and Standard for experienced traders. Although the choice is not vast, both accounts are well adapted for their target audiences.

Pros

  1. Mini account available - akin to a cent account.
  2. Option for copy trading through ZuluTrade.
  3. Demo and Islamic accounts available.

Cons

  1. Limited selection of account types.
  2. No account with fixed spreads.

PrimeXBT

PrimeXBT’s unified account covers FX/CFD, crypto futures, copy trading, and VIP, streamlining balance management. However, the lack of cent, and fixed-spread options slightly limits the choice.

Pros

  1. Single balance for all markets
  2. Automatic VIP status based on volume
  3. Integrated copy trading

Cons

  1. Absence of cent accounts
  2. Fixed spreads are not supported

Commissions

BrokerFXCMPrimeXBT
Commissions
3.2/5
4.5/5
Spreadfrom 0 pointsfrom 0.1 points
Average Spread (EURUSD)1.20.9
Commission per Lot

FXCM

Commissions at FXCM are average. The broker offers favorable conditions for long-term trading thanks to competitive spreads and swaps. However, there is an inactivity fee and a fee for fund withdrawal.

Pros

  1. Competitive spreads and swaps.
  2. Rebate program for active traders.

Cons

  1. Inactivity fee.
  2. Fee for withdrawals via bank transfer.

PrimeXBT

PrimeXBT’s fees are below market standards, featuring tight spreads for CFD trading and low fees for crypto futures trading. Additionally, there are no charges for deposits or account inactivity.

Pros

  1. Spreads from 0.1 pips
  2. VIP discounts
  3. No inactivity fees

Cons

  1. Market-average swap rates

Deposit and Withdrawal

BrokerFXCMPrimeXBT
Rating
4.5/5
5/5
Account Funding Methods
  • Skrill
  • Neteller
  • PayPal
  • Swift
  • Visa
  • Mastercard
  • Discover
  • UnionPay
  • Volet
  • VLoad
  • Perfect Money
  • Neteller
  • Binance Pay
  • Swift
  • Visa
  • Mastercard

FXCM

FXCM offers a wide range of methods for depositing and withdrawing funds, including cryptocurrencies.

Pros

  1. Variety of deposit methods.
  2. Fast processing of withdrawal requests.
  3. No broker commissions for depositing.

Cons

  1. Commission for withdrawals via bank transfer.

PrimeXBT

A wide range of deposit and withdrawal methods, instant funding, and 3 free fiat withdrawals per month make transactions convenient. Fees apply only after exceeding the free limit and when withdrawing via card.

Pros

  1. 0% deposit fee
  2. 3 free fiat withdrawals
  3. Fast order processing

Cons

  1. Account denominated only in USD

Markets and Products

BrokerFXCMPrimeXBT
Markets and Products
4.5/5
4.5/5
Forex4198
Precious Metals312
Energy Carriers74
Soft Commodities48
Indices1519
Stocks351210
ETF280-
Cryptocurrency2340

FXCM

FXCM provides a wide range of trading instruments, making it attractive for various categories of traders. Different markets, from Forex to stocks and cryptocurrencies, are available.

Pros

  1. Good selection of markets and instruments.

Cons

  1. Some competitors have even more CFDs.

PrimeXBT

PrimeXBT offers over 100 instruments across FX, indices, commodities, stocks, and crypto futures, catering well to active traders.

Pros

  1. All key asset classes
  2. Single account for all markets
  3. Crypto futures and copy trading

Cons

  1. No spot ETFs/bonds
  2. Limited selection of stocks

Trading Platforms

BrokerFXCMPrimeXBT
Rating
5/5
4/5
Trading Platforms
  • MetaTrader 4
  • Trading Station
  • TradingView
  • PXTrader
  • MetaTrader 5

FXCM

FXCM offers a wide choice of trading platforms with high functionality, meeting the needs of different traders.

Pros

  1. Wide choice of platforms for different trading styles.
  2. Advanced analytical tools in Trading Station.
  3. Support for algorithmic and social trading through Capitalise AI and ZuluTrade.

PrimeXBT

PXTrader is user-friendly, and MT5 provides automation features. While PrimeXBT offers a sufficient selection of platforms, it isn’t extensive.

Pros

  1. Mobile and web-based PXTrader platform
  2. Classic MetaTrader 5
  3. Built-in copy trading

Cons

  1. MT5 is not available in all regions
  2. Only two platforms offered (no cTrader or TradingView)

Analytics

BrokerFXCMPrimeXBT
Rating
5/5
4/5

FXCM

FXCM offers comprehensive analytical tools, from trading signals to expert research. These resources not only simplify trading decisions but also help to improve strategy.

Pros

  1. Wide range of analytical tools.
  2. Professional signals and market analysis.
  3. Personalized trading applications.

Cons

  1. Some tools may require a subscription or active account.
  2. Lack of analytics localization in different languages.

PrimeXBT

PrimeXBT provides a basic suite of analytics including live charts, an economic calendar, and daily market overviews. This set is adequate for most users, though advanced screeners and signals are missing.

Pros

  1. 50+ chart indicators
  2. Economic calendar
  3. Daily market research

Cons

  1. No screeners/signals
  2. Limited depth of analysis

Education

BrokerFXCMPrimeXBT
Rating
4/5
3/5

FXCM

The broker offers quality webinars and helpful guides that make the learning process informative and interactive.

Pros

  1. Webinars with experts for direct interaction.
  2. Detailed Forex guides.
  3. Materials suitable for traders of all levels.

Cons

  1. Lack of video courses.
  2. No podcasts for audio learning.

PrimeXBT

PrimeXBT offers an extensive library of articles and a comprehensive glossary spanning both basic and advanced topics, though it lacks video courses.

Pros

  1. 200+ articles covering various levels
  2. Free access without registration

Cons

  1. No video tutorials
  2. Limited interactive content

Customer Support

BrokerFXCMPrimeXBT
Rating
5/5
4/5
Email Support
  • info@fxcmmarkets.com
  • info@fxcm.co.uk
  • info@fxcm.eu
  • support@fxcm.com.au
  • info@fxcmbullion.com
  • info@fxcm.ca
  • sales@fxcm.co.il
  • info@fxcm.za.com
  • support@help.primexbt.com
Hotline Phones
  • +16462531401
Social Media

FXCM

FXCM's technical support is highly rated for its variety of communication channels and quick response. Customer reviews confirm the professionalism and efficiency of the staff.

Pros

  1. Multiple channels of communication, including WhatsApp and live chat.
  2. Available 24/5.
  3. High degree of customer satisfaction.

Cons

  1. There may be telephone charges for international calls.

PrimeXBT

PrimeXBT’s support is fast and friendly: the 24/7 chat responds within minutes, and email queries receive a reply shortly after. While multiple channels exist, there is no telephone or messenger support.

Pros

  1. 24/7 online chat
  2. Multilingual operators

Cons

  1. No phone or messenger support

Comparisons of FXCM and PrimeXBT with other brokers

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.