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CWG Markets vs PrimaX
Both forex brokers have built a positive reputation, and feedback from our members supports that.
That said, CWG Markets currently holds a stronger overall rating (1) than PrimaX (0).
CWG Markets has a lower minimum deposit, at 10.0.
Both platforms offer their clients demo accounts, mobile trading.
Traders should note that
both companies offer the same minimum lot size 0.01, but CWG Markets has a maximum lot size of 150.0, while PrimaX offers 1000.0.
CWG Markets offers a greater leverage limit of 1:1000, whereas PrimaX allows a maximum of only 1:200.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
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Overall Rating:
Platform:
Pricing:
Customer service:
Features:
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| Minimum deposit ($) | 10.0 | 100.0 |
| Commission | - | 5.0E-5 |
| Accepting US clients? | ||
| Swap free accounts | ||
| Segregated accounts | ||
| Interest on margin | ||
| Managed accounts | ||
| Accounts for money managers (MAM, PAMM) | ||
| One click trading | ||
| API | ||
| OCO orders | ||
| Trading over the phone | ||
| Hedging allowed | ||
| Trailing stops | ||
| Mobile trading | ||
| Scalping allowed | ||
| Bonuses | ||
| Demo Accounts | ||
| Web based trading | ||
| Contests | ||
| Decimals | 5 | 5 |
| Minimum lot size | 0.01 | 0.01 |
| Maximum lot size | 150.0 | 1000.0 |
| Spread | Variable | Variable |
| Broker type | STP, ECN | STP, Market Maker, Pro |
| Maximal leverage (1:?) | 1000 | 200 |
| Availability | STP, ECN | STP, Market Maker, Pro |
| Regulation | FCA (UK), VFSC (Vanuatu), FSCA (South Africa) | - |
| Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | MetaTrader 5 (MT5) |
| Funding/Withdrawal methods | Multiple local methods | Bitcoin, USDT |
| Account Currency | USD | USDT |
| Languages | English, Spanish, Chinese | English, Russian |
| Country | United Kingdom | Saint Lucia |
| Trading platform(s) timezone | United Arab Emirates, Mexico, Malaysia, Nigeria, Singapore, Thailand, Taiwan, United Kingdom, Vietnam | Georgia, Saint Lucia |
| Other trading instruments | Stocks, Futures, Indices, Commodities, CFDs, Forex | Futures, Indices, Commodities, Energies, CFDs, Cryptocurrency, Precious Metals, Forex, CFDs on Indices, IPO CFDs |
| spreads | ||
| EUR/USD | - | - |
| GBP/USD | - | - |
| USD/JPY | - | - |
| USD/CAD | - | - |
| XAU/USD | - | - |
