FXOpen vs PrimeXBT Comparison: Which Is Better for Traders?
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Who is better - FXOpen or PrimeXBT?
Our pick: PrimeXBT
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - PrimeXBT looks preferable to FXOpen.
PrimeXBT scored 4.4/5 and ranks 12 in our all Forex brokers list, whereas FXOpen has 4.3/5 and ranks 30.
This is not financial advice. See the full comparison below.
Who is FXOpen suitable for?
Broker FXOpen is suitable for professional traders and scalping enthusiasts but may not be ideal for beginners due to the lack of training.
Who is PrimeXBT suitable for?
PrimeXBT is well-suited for active Forex and cryptocurrency traders: scalpers, high-leverage enthusiasts, copy traders, and those starting with a small deposit.
Comparison Table of FXOpen and PrimeXBT
| Broker | FXOpen | PrimeXBT |
|---|---|---|
| Rating | 4.3/5 | 4.4/5 |
| Foundation Year | 2004 | 2018 |
| Regulated in Countries | United Kingdom, Cyprus, Australia | South Africa, Seychelles, El Salvador, Mauritius |
| Minimum Deposit |
|
|
| Spread | from 0 points | from 0.1 points |
| Max Leverage | 1:500 | 1:2000 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| Review | FXOpen Review | PrimeXBT Review |
FXOpen Review
FXOpen is a highly regulated broker with licenses from leading international bodies, which guarantees the safety of investments and compliance with strict standards. The broker offers a wide range of trading instruments, allowing traders to diversify their portfolios. Low spreads and commissions make FXOpen an attractive choice for those looking for a cost-effective trading environment. The availability of various platforms gives traders the flexibility to choose a trading instrument.
FXOpen is ideal for experienced traders who can analyze the market independently and make informed trading decisions without significant educational support. The broker is especially attractive to those who seek variety in trading tools and prefer to use advanced trading platforms.
Pros and Cons of FXOpen
Pros
- Wide range of trading assets.
- Low spreads and commissions.
- Support for various trading platforms.
Cons
- Lack of educational materials.
FXOpen is in the top 10 of the following ratings:
PrimeXBT Review
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
- Fast registration and verification.
- Tight spreads and low fees on crypto futures.
- Unified account for Forex, CFDs, cryptocurrencies, copy trading, and tournaments.
- No inactivity fees.
- 3 free fiat withdrawals per month.
- 24/7 customer support.
Cons
- Second-tier regulation (FSA Seychelles, FSCA South Africa; no FCA/CySEC).
- Balance denominated only in USD – potential conversion costs.
- No telephone support.
PrimeXBT is in the top 10 of the following ratings:
Reliability
| Broker | FXOpen | PrimeXBT |
|---|---|---|
| Reliability | 5/5 | 4.6/5 |
| Foundation Year | 2004 | 2018 |
| Regulated in Countries | United Kingdom, Cyprus, Australia | South Africa, Seychelles, El Salvador, Mauritius |
| Regulators |
FXOpen
FxOpen is a reliable and regulated broker, licensed in many countries, ensuring the safety of funds and a high standard of services.
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
- Multi-tier regulation
- Segregation of funds and NBP
- External arbitration (Financial Commission)
Cons
- Lacks licenses from more stringent regulators (FCA, ASIC)
Account Opening
| Broker | FXOpen | PrimeXBT |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
|
|
FXOpen
FxOpen provides a simple and convenient account opening process, with an emphasis on security and compliance with regulatory requirements.
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
- Instant registration
- Automated KYC within minutes
- Deposit from $10
Account Types
| Broker | FXOpen | PrimeXBT |
|---|---|---|
| Account Types | 5/5 | 4/5 |
| Trading Accounts |
|
|
| Minimum Deposit |
|
|
| Spread | from 0 points | from 0.1 points |
| Max Leverage | 1:500 | 1:2000 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| Demo Account | ||
| Swap-free Account |
FXOpen
FxOpen offers a wide selection of trading accounts and additional services.
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
- Single balance for all markets
- Automatic VIP status based on volume
- Integrated copy trading
Cons
- Absence of cent accounts
- Fixed spreads are not supported
Commissions
| Broker | FXOpen | PrimeXBT |
|---|---|---|
| Commissions | 3/5 | 4.5/5 |
| Spread | from 0 points | from 0.1 points |
| Average Spread (EURUSD) | 1.2 | 0.9 |
| Commission per Lot | $3.5 |
FXOpen
FxOpen's commissions are average in the market, with competitive spreads, but high swap rates and inactivity fees.
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
- Spreads from 0.1 pips
- VIP discounts
- No inactivity fees
Cons
- Market-average swap rates
Deposit and Withdrawal
| Broker | FXOpen | PrimeXBT |
|---|---|---|
| Rating | 4.2/5 | 5/5 |
| Account Funding Methods |
|
|
FXOpen
FxOpen offers a variety of deposit and withdrawal methods.
Pros
- A large selection of payment systems and cryptocurrencies.
- Fast processing of withdrawal requests.
Cons
- No bank transfer option.
- High commissions for credit cards from the provider.
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
- 0% deposit fee
- 3 free fiat withdrawals
- Fast order processing
Cons
- Account denominated only in USD
Markets and Products
| Broker | FXOpen | PrimeXBT |
|---|---|---|
| Markets and Products | 4.6/5 | 4.5/5 |
| Forex | 66 | 99 |
| Precious Metals | 3 | 12 |
| Energy Carriers | 3 | 4 |
| Indices | 12 | 19 |
| Stocks | 553 | 16 |
| ETF | 56 | - |
| Cryptocurrency | 41 | 135 |
| Soft Commodities | - | 8 |
FXOpen
FxOpen offers a good selection of assets but without soft commodities.
PrimeXBT
PrimeXBT offers over 100 instruments across FX, indices, commodities, stocks, and crypto futures, catering well to active traders.
Pros
- All key asset classes
- Single account for all markets
- Crypto futures and copy trading
Cons
- No spot ETFs/bonds
- Limited selection of stocks
Trading Platforms
| Broker | FXOpen | PrimeXBT |
|---|---|---|
| Rating | 5/5 | 4/5 |
| Trading Platforms |
|
|
FXOpen
FXOpen offers a wide range of trading platforms, catering to different types of traders.
PrimeXBT
PXTrader is user-friendly, and MT5 provides automation features. While PrimeXBT offers a sufficient selection of platforms, it isn’t extensive.
Pros
- Mobile and web-based PXTrader platform
- Classic MetaTrader 5
- Built-in copy trading
Cons
- MT5 is not available in all regions
- Only two platforms offered (no cTrader or TradingView)
Analytics
| Broker | FXOpen | PrimeXBT |
|---|---|---|
| Rating | 4/5 | 4/5 |
FXOpen
FXOpen provides a solid package of analytical tools, offering traders valuable resources for making trading decisions.
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
- 50+ chart indicators
- Economic calendar
- Daily market research
Cons
- No screeners/signals
- Limited depth of analysis
Education
| Broker | FXOpen | PrimeXBT |
|---|---|---|
| Rating | 2/5 | 3/5 |
FXOpen
FXOpen invests little in trader education, offering only basic articles and a glossary of terms.
PrimeXBT
PrimeXBT offers an extensive library of articles and a comprehensive glossary spanning both basic and advanced topics, though it lacks video courses.
Pros
- 200+ articles covering various levels
- Free access without registration
Cons
- No video tutorials
- Limited interactive content
Customer Support
| Broker | FXOpen | PrimeXBT |
|---|---|---|
| Rating | 4.5/5 | 4/5 |
| Email Support |
|
|
| Hotline Phones |
| — |
| Social Media |
YouTube
Facebook
Twitter
Telegram
LinkedIn
Whatsapp
Instagram
TikTok
Reddit
DiscordFXOpen
FXOpen offers reliable support, and a variety of communication channels adds flexibility.
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
- 24/7 online chat
- Multilingual operators
Cons
- No phone or messenger support
Comparisons of FXOpen and PrimeXBT with other brokers
Conclusion
PrimeXBT stands out as the better overall pick, while FXOpen trails on aggregate criteria.
PrimeXBT scored 4.4/5 and ranks 12 in our rating; FXOpen has 4.3/5 and ranks 30.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: FXOpen or PrimeXBT?
PrimeXBT comes out ahead by overall rank (score 4.4/5, position 12) versus FXOpen (score 4.3/5, position 30).
Which broker is better for beginners: FXOpen or PrimeXBT?
PrimeXBT is often a smoother start thanks to simpler onboarding and stronger baseline metrics. Still, your tools and budget should drive the final choice.
Who has lower typical trading costs (spreads/commissions) — FXOpen or PrimeXBT?
It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.
What trading platforms are available with FXOpen and PrimeXBT?
FXOpen: MetaTrader 4, MetaTrader 5, TickTrader, TradingView. PrimeXBT: PXTrader, MetaTrader 5. See the “Platforms” section for details and selection tips.
What markets can you trade with FXOpen and PrimeXBT?
FXOpen: Forex, Precious Metals, Energy Carriers, Indices, Stocks, ETF, Cryptocurrency. PrimeXBT: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by FXOpen and PrimeXBT?
FXOpen: STP, ECN, Micro, Crypto. PrimeXBT: PXTrader. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by FXOpen and PrimeXBT?
FXOpen: WebMoney, Volet, FasaPay, Visa, Mastercard, JCB, Discover. PrimeXBT: Volet, Neteller, Skrill, Binance Pay, Swift, Visa, Mastercard. Check method-specific fees/settlement times.
Which broker is safer — FXOpen or PrimeXBT — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
