GemForex vs FXPrimus

GemForex or FXPrimus – which is better for UK traders 2024? Compare GemForex and FXPrimus in this detailed breakdown of their platforms, features and fees.

GemForex vs FXPrimus Comparison Table 2024
GemForex FXPrimus
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2.3
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4
GemForex is ranked #97 among CFD brokers. FXPrimus is ranked #64 among CFD brokers.
Review
Review
GemForex is a Japanese CFD and forex broker offering a curated selection of trading products. FXPrimus is an award-winning CySEC-regulated brokerage offering CFD trading on 200+ instruments via the MetaTrader 4, MetaTrader 5 and cTrader platforms. The choice between a competitive commission-free account and two affordable raw spread options make this an accessible broker for anyone seeking forex, stocks, indices and commodities with high leverage.
Pros
  • Choice of MT4, MT5 and cTrader platforms gives traders great flexibility
  • Reputable broker with years of awards makes FXPrimus a credible broker
  • High leverage available up to 1:1000, or 1:500 on the higher-tier raw spread account
  • Copy trading support through a PAMM function allows beginner or time-poor traders to earn money from experienced pros
  • Good range of account types with a $15 minimum deposit on the cent account through to an achievable $1000 minimum for the PrimusZERO account
  • Excellent range of accepted funding methods with 12 accepted currencies, e-wallet and international banking options, and fees covered by the broker
Cons
  • Relatively small range of assets, with just 45+ forex pairs
  • High $8 MT5/$10 MT4 commissions on the Primus Pro account
  • This broker does not accept traders from the US
Awards
  • Best Broker 2020 - Forex.com Awards
  • Best Broker 2019 - Forex.com Awards
  • Best Broker 2018 - Forex.com Awards
  • Best MT4 Broker 2017 - Forex.com Awards
  • Best Forex Trade Copy Service 2017 - Forex.com Awards
  • Best Asia FX Broker 2016 - Forex.com Awards
  • Most Trusted Broker South East Asia & Africa 2020 - International Investor Magazine
  • Best Forex Broker South East Asia 2020 - Finance Derivative
FCA Regulated
No

List of FCA Regulated Brokers

Yes
Instruments
Forex, Commodities CFDs, Forex, Stocks, Cryptos, Futures, Options, Commodities, Bonds
Demo Account
Yes Yes
Minimum Deposit
$1 $15
Payment Methods
Minimum Trade
$0 0.01 Lots
Regulator
FSC CYSEC, MIFID, ICF, FCA, BaFin, VFSC
Mobile Apps
Yes (iOS & Android) iOS & Android
iOS App Rating
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Android App Rating
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Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes Yes
cTrader
No Yes
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
Yes Yes
ECN Account
No Yes
DMA Account
No No
MAM Account
No Yes
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
Yes Yes
Auto Trading
Yes - the first ever free EA service in Japan Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes Yes
Copy Trading Platform
GemForex offers a free forex mirror trading tool that operates without the need for VPS. Replicate the success of other traders via the cTrader platform or the FXPrimus MAM solution. Traders retain control over their capital and can get started in a few easy steps.
Social Trading
No No
Trade Signals
Yes - MT4 Yes
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No Yes
Account Currencies
  • USD
  • JPY
  • USD
  • EUR
  • GBP
  • ZAR
  • SGD
  • PLN
Commodities
  • Oil
  • Gold
  • Silver
  • Platinum
  • Oil
  • Gasoline
  • Natural Gas
CFD
Trade leveraged CFDs on indices and commodities. Trade CFDs on forex, stocks, metals, energies, cryptos and indices with high leverage up to 1:1000 on major currency pairs, 1:200 on metals, 1:100 on indices, 1:33 on stocks and energies, and 1:5 on cryptocurrencies. The range of 200+ instruments is not the biggest on the market, but the variety of asset classes provides flexible trading options for most traders.
Leverage
1:1000 1:1000
FTSE Spread
Variable From 0.1
GBPUSD Spread<
Variable From 0.1
Oil Spread
Variable From 0.1
Stocks Spread
N/A Variable
Forex
GemForex offers 33 currency pairs, including majors, minors and exotics. Trade on 45+ majors, minors, crosses and exotics, with competitive pricing, ultra-fast execution and no requotes. Newer traders can access zero-commission trading. Experienced forex traders can operate with no trading restrictions and benefit from an ECN account and a VPS service.
Assets
33 45
GBPUSD Spread
Variable From 0.1
EURUSD Spread
Variable From 0.1
EURGBP Spread
Variable From 0.1
Cryptocurrency
Trade a small selection of CFDs on crypto tokens in USD pairs. While the selection of cryptocurrencies is very limited, the 1:5 maximum leverage is higher than many similar brokers, making this a decent option for forex traders to dip into if not for dedicated crypto traders.
Spread
Floating
Coins
  • BTC
  • DSH
  • ETH
  • LTC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
GemForex FXPrimus
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