FXCM
PrimeXBT
VS
Higher Rated
FXCM
Capital at risk · T&Cs apply
Comparing FXCM and PrimeXBT reveals distinct differences that cater to varying trader preferences. FXCM, established in 1999 and regulated by the FCA, appeals primarily to forex traders seeking a reliable broker with low spreads and extensive industry experience, although its product range is somewhat limited. In contrast, PrimeXBT, founded in 2018 and operating under offshore regulation, attracts more adventurous traders interested in high-leverage crypto trading and low trading fees, but necessitates a comfort level with cryptocurrency deposits. Each broker offers unique platforms and features tailored to different trading strategies and risk appetites.
FXCM
PrimeXBT
| FXCM | PrimeXBT | |
|---|---|---|
| BrokerRank Score | 3.7/5 ✓ | 3.4/5 |
| Min. Deposit | $50 | $1 ✓ |
| Spread from | 0.2 pips | 0.001 pips ✓ |
| Max Leverage | 1:400 ✓ | 1:200 |
| Regulation | FCA, ASIC ✓ | FSA |
| Platforms | MT4, Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
FXCM is the better choice overall, scoring 3.7/5 vs 3.4/5 on BrokerRank's independent rating. On fees, PrimeXBT offers lower spreads (0.001 pips).
See full side-by-side comparison belowFXCM
WinnerPrimeXBT
FXCM
PrimeXBT
FXCM
3.7/5
Choose FXCM if you want…
PrimeXBT
3.4/5
Choose PrimeXBT if you want…
FXCM scores higher overall on our independent rating system. FXCM holds a 3.7/5 rating vs PrimeXBT's 3.4/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
FXCM offers spreads from 0.2 pips, while PrimeXBT starts at 0.001 pips. Check the fees section above for a full breakdown.
FXCM requires a minimum deposit of $50. PrimeXBT requires $1.
FXCM is regulated by FCA, ASIC, while PrimeXBT holds licences from FSA.
FXCM supports MT4, Proprietary Web, Proprietary Mobile. PrimeXBT supports Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.