PrimeXBT vs FXOpen

PrimeXBT or FXOpen – which is better for UK traders 2025? Compare PrimeXBT and FXOpen in this detailed breakdown of their platforms, features and fees.

PrimeXBT vs FXOpen Comparison Table 2025
PrimeXBT FXOpen
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4.1
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3.7
PrimeXBT is ranked #30 among CFD brokers. FXOpen is ranked #63 among CFD brokers.
PrimeXBT is a multi-asset platform providing leveraged trading across forex, indices, commodities, and cryptocurrencies. Established in 2018, it now boasts over 1 million users from upwards of 150 countries. Offering copy trading, low commissions, and no minimum deposit, this broker is a favoured choice for those new to crypto trading. Founded in 2005, FXOpen is a well-regulated broker that has drawn over one million traders. Tailored for active trading, it offers a diverse range of over 700 markets. The platform facilitates high-frequency trading, scalping, and various algorithmic strategies through the use of expert advisors (EAs).
Pros
  • The online platform and app cater to traders, offering advanced charts, a customisable interface, and multiple order options like one-cancels-the-other (OCO).
  • Trading fees for crypto futures contracts are quite competitive, with maker fees at 0.01% and taker fees at 0.02%.
  • PrimeXBT offers ultra-fast execution speeds, averaging 7.12ms, making it an ideal choice for traders seeking optimal pricing during market volatility.
  • Round-the-clock customer support, accessible through live chat, demonstrated outstanding performance during testing. Additionally, the comprehensive help centre offers ideal self-assistance resources.
  • PrimeXBT has introduced new trading options with the addition of tokens such as 1Inch, Aave, and Injective for exchange and investment.
  • FXOpen integrated TradingView in 2022 and enhanced its TickTrader platform in 2024. This upgrade delivers Level 2 pricing, over 1,200 trading instruments, and sophisticated order options. The platform appeals to both seasoned and high-frequency traders.
  • FXOpen significantly cut FX spreads by over 40% in 2022. In 2023, they launched commission-free index trading. These changes make trading more economical for traders.
  • In 2024, FXOpen simplified its account options. Traders now benefit from ECN accounts with raw spreads starting at 0.0 pips. The platform offers rapid execution and reduced commissions for those with high trading volumes, enhancing user experience.
Cons
  • Despite enhancements, the range of approximately 100 instruments lags significantly behind competitors, such as OKX, which offers over 400 assets.
  • PrimeXBT operates widely in the crypto sector but without approval from a recognised regulator, significantly increasing the risk for retail traders.
  • The absence of integration with established platforms such as MT4 restricts traders accustomed to the globally popular forex software.
  • Though FXOpen remains a trusted broker with authorizations from the FCA and CySEC, it lost its ASIC license in 2024 due to 'serious concerns.' Consequently, it no longer accepts traders from Australia.
  • FXOpen's educational resources are quite limited, with a scarcity of courses and webinars commonly available at brokers such as IG. This deficiency may deter novice traders looking to enhance their understanding.
  • Even with an expanded asset portfolio, FXOpen provides a more limited selection of global stocks, commodities, and cryptocurrencies compared to the leading firm BlackBull. This results in fewer diverse trading opportunities for traders.
Awards
  • Best Crypto Trading App
  • Best Platform For Margin Trading
  • Most Trusted Crypto Asset Trading Platform
  • Best Crypto And Forex Broker
  • Best ECN Broker 2012 - Masterforex-V
  • Best Forex Broker in Australasia 2011 - World Finance Magazine
  • Best Islamic Forex Broker 2011 - IB Times Trading Awards
  • Best South-East Asia Forex Broker and Best ECN Forex Broker 2011 - IB Times Trading Awards
  • Best Trading Platform 2010 - Falcon Awards
FCA Regulated
No

List of FCA Regulated Brokers

Yes
Instruments
CFDs, Cryptos, Forex, Indices, Commodities, Futures CFDs, Forex, Stocks, Indices, Commodities, Crypto, ETFs
Demo Account
Yes Yes
Minimum Deposit
$0 $100
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FCA, CySEC, FC
Mobile Apps
iOS & Android iOS & Android
Trading App

The FXOpen Trading App is a user-friendly mobile app for trading 700+ global markets. With real-time data, level 2 pricing, live charts, and financial news, it’s been refined over the years to deliver one of the highest Android app store ratings we’ve seen – a testament to its top-notch user experience.

iOS App Rating
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4.6
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5
Android App Rating
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3.8
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5
Margin Trading
Yes Yes
MetaTrader 4
No Yes
MetaTrader 5
No Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No Yes
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No Yes
ECN Account
No Yes
DMA Account
No Yes
MAM Account
No No
PAMM Account
No Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Auto Trading
Yes Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes Yes
Copy Trading Platform
PrimeXBT provides an effective trading service that allows traders to emulate the strategies of others using both free and premium signals. After identifying a suitable strategy provider, you can easily begin by selecting 'follow'. FXOpen's PAMM Copy Trading service enables investors to replicate the strategies of seasoned traders. It offers a clear, performance-focused system with flexibility, automated profit-sharing, and thorough account management.
Social Trading
Yes No
Trade Signals
No Yes
VPS Hosting
No Yes
Tournaments
Yes Yes
Demo Competitions
No Yes
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0 $10
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • USD
  • EUR
  • GBP
  • AUD
  • JPY
  • CHF
  • SGD
  • RUB
Commodities
  • Gold
  • Oil
  • Silver
  • Natural Gas
  • Copper
  • Zinc
  • Gold
  • Silver
  • Oil
  • Natural Gas
CFD
PrimeXBT provides CFDs in four asset classes with leverage reaching 1:1000. Novices can benefit from the broker’s technical analysis guides and CFD education. Additionally, 24/7 live chat support is available on the platform. FXOpen offers an impressive array of CFDs, including over 700 assets like stocks, indices, currencies, commodities, cryptocurrencies, and a wider selection of ETFs. Since 2022, the inclusion of TradingView and enhancements to the TickTrader platform have equipped traders with superior tools. FXOpen thus delivers a comprehensive trading experience.
Leverage
1:1000 1:30 (EU, UK), 1:1000 (Global)
FTSE Spread
Variable 0.7
GBPUSD Spread<
Variable 0.4
Oil Spread
Variable 0.04
Stocks Spread
Variable 0.40 (Apple)
Forex
PrimeXBT provides trading services for more than 50 major, minor, and exotic currency pairs, with the benefit of margin trading and no commission fees. Our recent assessments show the platform to be fast, dependable, and well-equipped, featuring three chart types, ten timeframes, and 91 technical indicators. This makes it ideal for those employing active trading strategies.
Assets
45+ 50+
GBPUSD Spread
Variable 0.4
EURUSD Spread
0.1 0.2
EURGBP Spread
Variable 0.5
Cryptocurrency
Traders can engage in the speculation of popular cryptocurrencies with commissions starting at just 0.05% and leverage reaching up to 1:200. Furthermore, the broker enhances its portfolio by launching crypto futures and hosting trading contests that offer tangible prizes. FXOpen provides more than 40 cryptocurrency CFDs, featuring both crypto-only pairs and those paired with traditional currencies like GBP, USD, and JPY. Traders can leverage their crypto CFD trades at a ratio of 1:2. There are three types of orders available: market, limit, and stop, and scripts are on hand for automated trading.
Spread
0.05% BTC, 0.05% ETH 9.0 (BTC)
Coins
  • BTC
  • LTC
  • ETH
  • XRP
  • EOS
  • ADA
  • DOT
  • SOL
  • UNI
  • LINK
  • DOGE
  • BNB
  • ICP
  • SAND
  • more
  • BTC
  • BCH
  • ETH
  • LTC
  • ETC
  • EOS
  • DSH
  • XRP
  • IOT
  • XMR
  • NEO
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
PrimeXBT FXOpen
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