Gerchik & Co 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 - Gerchik & Co 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 Gerchik & Co.
PrimeXBT scored 4.4/5 and ranks 12 in our all Forex brokers list, whereas Gerchik & Co has 3.9/5 and ranks 53.
This is not financial advice. See the full comparison below.
Who is Gerchik & Co suitable for?
Gerchik & Co is suitable for beginner traders, thanks to qualified support and good educational courses
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 Gerchik & Co and PrimeXBT
| Broker | Gerchik & Co | PrimeXBT |
|---|---|---|
| Rating | 3.9/5 | 4.4/5 |
| Foundation Year | 2015 | 2018 |
| Regulated in Countries | Vanuatu | South Africa, Seychelles, El Salvador, Mauritius |
| Minimum Deposit |
|
|
| Spread | from 0 points | from 0.1 points |
| Max Leverage | 1:100 | 1:2000 |
| Trading Assets (CFDs) |
|
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| Trading Platforms |
|
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| Review | Gerchik & Co Review | PrimeXBT Review |
Gerchik & Co Review
Gerchik & Co. serves as a commendable platform for traders of all levels. The wide array of trading instruments and platforms makes this broker attractive to novices and seasoned traders.
The educational materials provided by the broker can be particularly beneficial for beginners and those looking to deepen their knowledge. In addition, the broker offers a variety of technical support communication options, which can be valuable for traders requiring immediate assistance.
This broker is suitable for novice and experienced traders due to its comprehensive approach and attention to detail regarding trading and education.
Pros and Cons of Gerchik & Co
Pros
- Transparent information about the broker's owners.
- A large number of trading accounts.
- Decent services that can help improve Forex trading.
- Educational courses, webinars, analytics.
- Opportunity for passive income on TIMA accounts.
- Contests on demo accounts and broker promotions.
Cons
- High commission for transactions on certain types of accounts.
- The website and personal account area may seem inconvenient (according to reviews).
- High deposit requirements for training or using services.
Gerchik & Co 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 | Gerchik & Co | PrimeXBT |
|---|---|---|
| Reliability | 3.4/5 | 4.6/5 |
| Foundation Year | 2015 | 2018 |
| Regulated in Countries | Vanuatu | South Africa, Seychelles, El Salvador, Mauritius |
| Regulators |
Gerchik & Co
The professional approach, risk management systems, trading education, and the protection of traders' interests by the international Financial Commission, lend Gerchik & Co a sufficient degree of reliability and regulation.
Pros
- Member of the FinaCom
- Quality of service confirmed by Verify My Trade
Cons
- Only a license from an offshore regulator
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 | Gerchik & Co | PrimeXBT |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
|
|
Gerchik & Co
Gerchik & Co offers its clients a simple and quick account opening process. All that's required is to fill out the registration form on the website, choose the type of account, and enter personal details.
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 | Gerchik & Co | PrimeXBT |
|---|---|---|
| Account Types | 4/5 | 4/5 |
| Trading Accounts |
|
|
| Minimum Deposit |
|
|
| Spread | from 0 points | from 0.1 points |
| Max Leverage | 1:100 | 1:2000 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
Gerchik & Co
Gerchik & Co provides an acceptable choice of trading accounts, making it attractive for traders with different levels of experience and investment goals.
Pros
- STP accounts
- Contests on demo accounts
- Availability of TIMA accounts
Cons
- No cent accounts
- No accounts 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
- 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 | Gerchik & Co | PrimeXBT |
|---|---|---|
| Commissions | 2/5 | 4.5/5 |
| Spread | from 0 points | from 0.1 points |
| Average Spread (EURUSD) | 0.9 | |
| Commission per Lot | $5 |
Gerchik & Co
Although Gerchik & Co offers competitive spreads and there are no commissions for withdrawing funds and no inactivity fees, the transaction commission may be significant for traders, especially those who conduct many transactions.
Pros
- No commission for fund withdrawal
- No inactivity fee
Cons
- High trading 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 | Gerchik & Co | PrimeXBT |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Account Funding Methods |
|
|
Gerchik & Co
Gerchik & Co provides a wide range of deposit and withdrawal methods, allowing users to choose the most convenient option. Both traditional payment systems and cryptocurrency wallets are available.
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 | Gerchik & Co | PrimeXBT |
|---|---|---|
| Markets and Products | 4.4/5 | 4.5/5 |
| Forex | 66 | 99 |
| Precious Metals | 7 | 12 |
| Energy Carriers | 3 | 4 |
| Indices | 14 | 19 |
| Stocks | 296 | 16 |
| ETF | 21 | - |
| Cryptocurrency | 11 | 135 |
| Soft Commodities | - | 8 |
Gerchik & Co
Gerchik & Co offers a decent selection of trading instruments and markets with 66 currency pairs and over 300 CFDs on various assets. However, some brokers offer a broader range of products, including more cryptocurrency pairs and commodities.
Pros
- Good choice of currency pairs
- Stocks from the US, Europe, and the UK are available
Cons
- No exchange-traded 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 | Gerchik & Co | PrimeXBT |
|---|---|---|
| Rating | 4/5 | 4/5 |
| Trading Platforms |
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Gerchik & Co
MetaTrader 4 and MetaTrader 5 are reliable and functional platforms, but having Gerchik & Co's own innovative platform or mobile application could enhance this rating.
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 | Gerchik & Co | PrimeXBT |
|---|---|---|
| Rating | 5/5 | 4/5 |
Gerchik & Co
The analytical capabilities provided by Gerchik & Co appear to be very strong and multifunctional.
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 | Gerchik & Co | PrimeXBT |
|---|---|---|
| Rating | 5/5 | 3/5 |
Gerchik & Co
The broker offers various educational materials, including courses, video lessons, a book, and even an educational mobile app.
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 | Gerchik & Co | PrimeXBT |
|---|---|---|
| Rating | 5/5 | 4/5 |
| Email Support |
|
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| Hotline Phones |
| — |
| Social Media |
Skype
YouTube
Telegram
Facebook
Instagram
Twitter
LinkedIn
TikTok
Reddit
DiscordGerchik & Co
The broker provides numerous channels for contacting support, including telephone, email, Skype, Telegram-bot, online chat on the website, and the ability to create a ticket in the personal account.
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 Gerchik & Co and PrimeXBT with other brokers
Conclusion
PrimeXBT stands out as the better overall pick, while Gerchik & Co trails on aggregate criteria.
PrimeXBT scored 4.4/5 and ranks 12 in our rating; Gerchik & Co has 3.9/5 and ranks 53.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: Gerchik & Co or PrimeXBT?
PrimeXBT comes out ahead by overall rank (score 4.4/5, position 12) versus Gerchik & Co (score 3.9/5, position 53).
Which broker is better for beginners: Gerchik & Co 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) — Gerchik & Co 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 Gerchik & Co and PrimeXBT?
Gerchik & Co: MetaTrader 5, MetaTrader 4. PrimeXBT: PXTrader, MetaTrader 5. See the “Platforms” section for details and selection tips.
What markets can you trade with Gerchik & Co and PrimeXBT?
Gerchik & Co: 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 Gerchik & Co and PrimeXBT?
Gerchik & Co: Zero, Mini, Simple, Silver, Gold, Platinum. PrimeXBT: PXTrader. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by Gerchik & Co and PrimeXBT?
Gerchik & Co: Volet, Perfect Money, Swift, SEPA, Visa, Mastercard. PrimeXBT: Volet, Neteller, Skrill, Binance Pay, Swift, Visa, Mastercard. Check method-specific fees/settlement times.
Which broker is safer — Gerchik & Co or PrimeXBT — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
