Excel Markets vs PrimaX

Both forex brokers have built a positive reputation, and feedback from our members supports that. That said, Excel Markets currently holds a stronger overall rating (4.9) than PrimaX (0). Excel Markets has a lower minimum deposit, at 25.0. Both platforms offer their clients demo accounts, mobile trading, scalping. Traders should note that both companies offer the same minimum lot size 0.01, but Excel Markets has a maximum lot size of 0.0, while PrimaX offers 1000.0. Excel Markets offers a greater leverage limit of 1:400, 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.
Overall Rating: Platform: Pricing: Customer service: Features:
4.9/5 (10 reviews)
4.8/5
5/5
5/5
4.8/5
0/5 (0 reviews)
0/5
0/5
0/5
0/5
Minimum deposit ($) 25.0 100.0
Commission 0.0 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 0.0 1000.0
Spread Variable Variable
Broker type STP, ECN STP, Market Maker, Pro
Maximal leverage (1:?) 400 200
Availability STP, ECN STP, Market Maker, Pro
Regulation FMA (NZ) -
Trading Platforms MetaTrader 4 (MT4) MetaTrader 5 (MT5)
Funding/Withdrawal methods Wire Transfer, Credit Card, Debit Card, Moneybookers Bitcoin, USDT
Account Currency USD, GBP, EUR, CHF, JPY, NZD, CAD, AUD USDT
Languages English, Spanish, French, German, Portuguese, Japanese, Italian, Russian, Mandarin, Chinese, Polish English, Russian
Country New Zealand Saint Lucia
Trading platform(s) timezone Ireland, New Zealand, Russia Georgia, Saint Lucia
Other trading instruments - 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 - -

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