FXPRIMUS Review 2025
What is FXPRIMUS?

FXPRIMUS is an International Investment Firm incorporated in the Republic of Vanuatu. It is a member company of the FXPRIMUS Group and operates under the authorization and regulation of the Vanuatu Securities and Exchange Commission. The firm holds a Dealer in Securities Principal License granted by the Minister of Finance and Economic Management of Vanuatu. FXPRIMUS offers a robust online trading and investing platform. It provides its users with the opportunity to trade in a variety of markets, including Forex, Equities, Indices, and Precious Metals. The firm is known for its industry-leading spreads and diverse trading portfolio. The company’s online trading facility includes its website, trading platforms, and other resources. Traders from all around the world use FXPRIMUS’s online trading platform to benefit from the world’s largest and most liquid market. The platform allows for trading up to $6 Trillion per day. FXPRIMUS’s platform is designed to be user-friendly and accessible. Users can trade at the click of a button with just a smart device and an internet connection. The platform supports a variety of trading instruments, including Forex, Commodities, Energies, Indices & Stocks. The firm offers a range of account types, platforms, and tools for traders. Users can trade with MT4, MT5, or cTrader on web, tablet, or mobile devices. The process to start trading with FXPRIMUS is straightforward: create an account, verify it, fund it, and then start trading. Please note that FXPRIMUS does not intend to display its website, provide services, or offer its products to people in countries where doing so would violate their national regulatory framework. It is the user’s responsibility to use the online trading facility under his/her local laws and/or regulations. In conclusion, FXPRIMUS is a regulated brokerage firm that offers a comprehensive online trading and investing platform. It provides a wide range of trading instruments and is committed to providing a secure and user-friendly trading environment.
What is the Review Rating of FXPRIMUS?
- 55brokers: 55brokers rated FXPRIMUS with a score of 84. This rating was last checked at 2024-01-06 09:58:02. Forexbrokersinfo multiplies the 55brokers rating times 10 to normalize the rating to 100.
- Brokersview: Brokersview rated FXPRIMUS with a score of 69. This rating was last checked at 2024-01-06 19:55:02. Forexbrokersinfo multiplies the 55brokers rating times 10 to normalize the rating to 100.
- Trustpilot: Trustpilot rated FXPRIMUS with a score of 6. This rating was last checked at 2024-01-06 15:20:03. Forexbrokersinfo multiplies the 55brokers rating times 10 to normalize the rating to 100.
- Wikifx: Wikifx rated FXPRIMUS with a score of 15. This rating was last checked at 2024-03-11 16:32:02. Forexbrokersinfo multiplies the 55brokers rating times 10 to normalize the rating to 100.
What are the Pros of FXPRIMUS?
FXPRIMUS is a global financial trading broker that offers several advantages:. Wide Range of Trading Assets: FXPRIMUS provides access to a variety of services and over 120 trading pairs in different markets. This includes Forex, Stocks, and Commodities across both web and mobile platforms. Regulation and Security: FXPRIMUS is well-regulated by the Cyprus Securities and Exchange Commission (CySEC), the Vanuatu Financial Services Commission (VFSC), and the Financial Sector Conduct Authority (FSCA). All client funds are kept in segregated accounts with tier-1 Banks. Negative balance protection is offered and internal as well as external audits of accounts are conducted. Competitive Trading Conditions: FXPRIMUS offers competitive commission-based trading costs and high leverage. They allow you to conduct a maximum of 80 lot trades. Because FXPRIMUS provides ECN and STP execution, you can expect incredibly narrow spreads and greater transparency into the price you pay to execute your transactions. Trading Platforms: Trading platforms made available by FXPRIMUS include the MetaTrader Suite and cTrader. All three support algorithmic trading and come with integrated copy trading services. Sign Up Bonus: FXPRIMUS offers a sign-up bonus of 30% and 100% of the deposit amount. The sign-up bonus is made available to new and existing clients. Education and Analytics: FXPRIMUS takes a serious approach to the issues of analytics and education. They provide educational content for beginner traders through videos and articles. Customer Support: FXPRIMUS offers 24/5 customer support. Please note that while FXPRIMUS offers many advantages, it’s important to do your own research and consider your individual trading needs when choosing a broker.
What are the Cons of FXPRIMUS?
FXPRIMUS is a well-regulated forex broker that offers a number of competitive features. However, like any other broker, it has its own set of disadvantages. Here are some of the cons associated with FXPRIMUS:. High Minimum Deposit: One of the major drawbacks of FXPRIMUS is its high minimum deposit requirement. For the Primus Zero account, which offers high leverage and a very competitive commission-based pricing environment, the minimum deposit requirement is $1,000. This might be a significant barrier for new or casual traders who are not willing to invest such a large amount upfront. No Cryptocurrencies: FXPRIMUS does not offer cryptocurrencies for trading. This could be a disadvantage for traders who are interested in diversifying their portfolio with digital assets. Platform Instability: Although rare, there have been reports of failures in the platform’s operation that require its restart. This could potentially disrupt trading activities and lead to missed opportunities. Market Maker Execution: FXPRIMUS operates as a market maker. While this allows for lower entry criteria, it might not be ideal for some traders who prefer ECN or STP execution for greater transparency and tighter spreads. Risk Factor: Forex trading is a high-risk activity, and there is no guarantee of profits. Traders should carefully consider their investment objectives and risk tolerance before starting to trade with FXPRIMUS. It’s important to note that while these cons exist, they do not necessarily make FXPRIMUS a bad choice. The broker is fully compliant with two regulators and offers a secure trading environment. However, potential traders should be aware of these cons and consider them when making their decision.
What are the FXPRIMUS Current Promos?
FXPRIMUS, a renowned name in the Forex market, is known for its attractive promotional offers. Here are some of the latest promotions that FXPRIMUS is offering to its traders:. 1. Forex Bonuses FXPRIMUS offers a variety of Forex bonuses to its traders. These bonuses can significantly enhance the trading experience by providing additional capital to trade with. It’s important to note that these bonuses come with certain terms and conditions, and traders should familiarize themselves with these before availing of the bonuses. 2. Trading on the Forex Market FXPRIMUS provides an opportunity for traders to trade on the Forex market. This includes trading in various currency pairs, which can provide traders with the opportunity to profit from fluctuations in currency values. 3. Online Trading and Investing Platform FXPRIMUS offers an online trading and investing platform. This platform allows traders to trade in various financial instruments, including Forex, equities, and indices. The platform is user-friendly and equipped with advanced trading tools to assist traders in making informed trading decisions. 4. Educational Resources FXPRIMUS provides a wealth of educational resources to its traders. These resources can help traders understand the dynamics of the Forex market and develop effective trading strategies. Please note that trading in the Forex market involves risk, and it’s important for traders to understand these risks before they start trading. As always, it’s recommended to start with a demo account before trading with real money. Please visit the official FXPRIMUS website for the most up-to-date information on their current promotions.
What are the FXPRIMUS Highlights?
FXPRIMUS is a well-known entity in the forex trading industry, offering a variety of features that make it a preferred choice for many traders. Here are some highlights:. Gala Dinners: FXPRIMUS hosts exclusive gala dinners, providing an opportunity for networking and knowledge sharing. These events often feature key members of the FXPRIMUS senior management team, such as Chris Trikomitis. , who share valuable insights about the company and the forex industry. Partner Program: FXPRIMUS offers a robust partner program. This program allows individuals and businesses to collaborate with FXPRIMUS, potentially opening up new avenues for revenue and growth. Trading Platform: FXPRIMUS provides a comprehensive trading platform that caters to the needs of both beginner and experienced traders. The platform includes various trading applications, account options, and detailed information about spread fees. Educational Resources: FXPRIMUS is committed to educating its users about forex trading. They offer step-by-step tutorials and other resources to help beginners understand the intricacies of forex trading. These highlights demonstrate FXPRIMUS’s commitment to providing a comprehensive, user-friendly forex trading experience. Whether you’re a seasoned trader or just starting out, FXPRIMUS offers a range of features designed to help you succeed in the forex market. Please note that trading in forex involves risk, and it’s important to understand these risks before starting to trade.
Is FXPRIMUS Legit and Trustworthy?
FXPRIMUS is a forex broker that has been in operation since 2009. It is regulated by the Cyprus Securities and Exchange Commission (CySEC), the Financial Sector Conduct Authority (FSCA) of South Africa, and the Vanuatu Financial Services Commission (VFSC). This regulatory oversight is a positive sign of legitimacy, as it means the broker is subject to rules and regulations designed to protect traders. However, user reviews of FXPRIMUS are mixed. Some users have reported a positive experience with the platform. , praising its user-friendly interface, attentive customer support, and range of trading options. Other users, however, have reported issues with withdrawals and lack of response from customer service. It’s important to note that while some users have had negative experiences, this does not necessarily mean that FXPRIMUS is not trustworthy. It’s possible that these issues are isolated incidents or could be due to factors outside of the broker’s control. In conclusion, while FXPRIMUS is a regulated broker with some positive user reviews, potential traders should exercise caution due to the mixed feedback. It’s always a good idea to do thorough research and consider multiple sources of information before choosing a forex broker.
Is FXPRIMUS Regulated and who are the Regulators?
FXPRIMUS is indeed a regulated broker, operating under the supervision of multiple financial regulators. Regulatory Authorities:. Cyprus Securities and Exchange Commission (CySEC): FXPRIMUS Europe (CY) Ltd. is a licensed CySEC Broker with license no. 261/14. This top-tier regulatory license from CySEC makes FXPRIMUS a highly reliable broker. Vanuatu Financial Services Commission (VFSC): Primus Markets INTL Limited is authorized by VFSC with registration no. 14595. FXPRIMUS also operates under the supervision of the VFSC. Company Overview: FXPRIMUS was established in 2009 and has since expanded globally, building its presence across Europe, Asia, and Africa. The company’s headquarters is located in Limassol, Cyprus. FXPRIMUS operates as the FXPrimus Group through three main brands. The broker provides a safe online trading environment, offering one of the best execution speeds combined with innovative technology. Trading Instruments: FXPRIMUS is an ECN (Electronic Communications Network) broker, giving clients direct access to other participants and using prices from different liquidity providers. It also operates as a market maker broker mixed with ECN execution type. The broker offers trading in Forex and CFDs. In conclusion, FXPRIMUS is a well-regulated broker that provides a secure and innovative trading environment for its clients. It operates under the supervision of multiple financial regulators, ensuring a high level of reliability and trustworthiness.
Did FXPRIMUS win any Awards?
FXPRIMUS, a well-established player in the forex trading industry, has indeed been recognized for its excellence with several awards. These accolades are a testament to the company’s commitment to providing top-notch services to its clients. FXPRIMUS’s Awards:. Best Forex Research: This award, announced in 2016. , underscores FXPRIMUS’s dedication to providing high-quality research that helps traders make informed decisions. Best Asian Forex Support: Awarded by the International Investor Magazine in 2019. , this recognition highlights FXPRIMUS’s commitment to providing exceptional support to its clients in Asia. These awards reflect the ongoing efforts by FXPRIMUS to maintain a competitive edge for its clients in the fast-paced world of forex trading. The company’s dedication to research and customer support, particularly in the Asian market, sets it apart in the industry. FXPRIMUS’s success is also reflected in its growing trader base of over 300,000. , demonstrating the trust and confidence that clients have in the company’s services. The company’s offerings, including the Primus Zero account with its high leverage and competitive commission-based pricing environment, have been well-received by high-frequency traders. In terms of regulation and security, FXPRIMUS is fully compliant with two regulators, ensuring a safe and secure trading environment for its clients. The company segregates client deposits from corporate funds, offers negative balance protection, and has a clean regulatory track record with over twelve years of experience. In conclusion, FXPRIMUS’s industry awards and growing client base underscore its commitment to providing top-notch forex trading services. The company’s dedication to research, customer support, and regulatory compliance sets it apart in the competitive world of forex trading. These factors make FXPRIMUS a strong choice for traders seeking a reliable and award-winning forex broker.
How do I get in Contact with FXPRIMUS?
FXPRIMUS, a renowned online trading and investing platform, offers multiple avenues for potential traders and investors to get in touch with them. Their dedicated team is available around the clock to provide support and answer any queries related to forex trading. One of the primary methods to reach out to FXPRIMUS is through their 24/5 Live Chat support. This feature allows users to have real-time conversations with the support team, ensuring immediate response to any questions or concerns. Additionally, FXPRIMUS can be contacted via email at support@fxprimus.com. or support@fxprimus.eu. This method is particularly useful for queries that require detailed explanations or attachments. The support team strives to respond to emails as quickly as possible. Furthermore, FXPRIMUS provides a Contact Us form on their website. Users can fill in their details, including their first name, last name, email, country, contact number, and message, and the support team will get back to them promptly. FXPRIMUS is committed to supporting its users throughout their trading journey, providing them with the necessary tools and platforms for successful forex trading. Whether you’re a beginner or an experienced trader, FXPRIMUS’s support team is ready to assist you every step of the way.
Where are the Headquarters from FXPRIMUS based?
FXPRIMUS is a renowned financial services provider that specializes in enabling clients to trade multiple instruments such as forex, commodities, energies, and indices through web and mobile trading platforms. The headquarters of FXPRIMUS are located in Agios Athanasios, Kolonakiou 54, Cyprus. The company has a total of 2 office locations. Founded in 2009, FXPRIMUS has established itself as a key player in the financial services sector. Its strategic location in Cyprus positions it in a region that is a significant hub for forex trading. Please note that while this information is accurate as of the last update, it’s always a good idea to verify the latest details from the official FXPRIMUS website or other reliable sources.
What kind of Customer Support is offered by FXPRIMUS?
FXPRIMUS offers a comprehensive customer support system to assist its clients in their trading journey. Here are the key features of their customer support:. 24/5 Live Chat Support: FXPRIMUS provides round-the-clock live chat support. This ensures that clients can get immediate assistance with any issues or queries they may have, regardless of their time zone. Email Support: In addition to live chat, clients can also reach out to FXPRIMUS via email at support@fxprimus.com. This provides a convenient way for clients to get detailed responses to their queries. Dedicated Support Team: FXPRIMUS boasts a skilled team that works tirelessly to support clients through their trading journey. This team is equipped to handle a wide range of queries, from technical issues with the trading platform to questions about account management. Multiple Trading Platforms: FXPRIMUS offers several trading platforms, including MT4, MT5, cTrader, and WebTrader. Each platform comes with its own unique features, catering to the diverse needs of FXPRIMUS’s client base. In the context of forex trading, these support features are crucial. They ensure that traders can navigate the forex market efficiently, resolve any technical issues promptly, and make informed decisions based on expert advice. By offering such a robust customer support system, FXPRIMUS is able to provide a seamless trading experience for its clients.
Which Educational and Learning Materials are offered by FXPRIMUS?
FXPRIMUS, a renowned online FX and CFDs trading provider, offers a comprehensive suite of educational and learning materials for its users. These resources are designed to enhance trading knowledge and skills, making them particularly beneficial for both novice and experienced traders. Forex Trading Guides FXPRIMUS provides detailed guides on Forex trading. These guides cover a wide range of topics, from the basics of Forex trading to more advanced concepts. They are designed to help traders understand the Forex market and develop effective trading strategies. Risk Management Resources Understanding and managing risk is crucial in Forex trading. FXPRIMUS offers resources on Forex risk management, providing traders with strategies and insights to safeguard their trading journey. Trading Strategies FXPRIMUS provides resources on various trading strategies. These include strategies for trading the news in Forex, understanding currency correlations, and navigating support and resistance levels in the Forex market. Educational Videos and Webinars FXPRIMUS offers a collection of educational videos and webinars. These multimedia resources provide insights and financial reports to help traders make more informed trading decisions. Research and Analysis In addition to educational materials, FXPRIMUS also provides research tools and materials. These resources can help traders stay updated on market trends and make data-driven trading decisions. In conclusion, FXPRIMUS’s educational and learning materials are comprehensive and diverse, catering to traders of all experience levels. They are designed to equip traders with the knowledge and skills needed to navigate the Forex market confidently and effectively.
Can anyone join FXPRIMUS?
FXPRIMUS is a globally recognized online trading and investment platform. It is operated by Primus Markets INTL Ltd, an International Investment Firm incorporated in the Republic of Vanuatu. The company is authorized and regulated by the Vanuatu Securities and Exchange Commission. However, it’s important to note that FXPRIMUS does not intend to display its website, provide services, or offer its products to people in countries where doing so would violate their national regulatory framework. Therefore, while anyone can theoretically join FXPRIMUS, the eligibility to join is subject to the local laws and regulations of the user’s country. When a user accesses the FXPRIMUS Online Trading Facility, such as their website and trading platforms, it is the user’s responsibility to use the facility under his/her local laws and/or regulations. This means that potential users need to ensure they are legally allowed to participate in online trading activities as per their local jurisdiction before signing up with FXPRIMUS. The process to join FXPRIMUS involves several steps. First, the user needs to create an account by completing a form on the FXPRIMUS website. After creating an account, the user is required to upload documents to verify their account. Once the account is verified, the user can log in to their account and fund it. After funding, the user can download MT4 or MT5 to their device using their FXPRIMUS account credentials and place their first trade. FXPRIMUS offers a wide range of trading instruments, including Forex, Equities, Indices, and Precious Metals. It is trusted by over 300K active traders from more than 140 countries. The platform has been recognized with over 9 prestigious awards. In conclusion, while anyone can theoretically join FXPRIMUS, the eligibility to join is subject to the local laws and regulations of the user’s country. Potential users are advised to ensure they are legally allowed to participate in online trading activities as per their local jurisdiction before signing up with FXPRIMUS.
Who should sign up with FXPRIMUS?
FXPRIMUS is a platform that caters to a wide range of traders, from beginners to experienced professionals. Here’s who should consider signing up:. Beginners: FXPRIMUS is a great starting point for those new to forex trading. The platform offers a free demo account, allowing beginners to get a feel for the broker’s products and services. This is an excellent way to test strategies and understand the dynamics of forex trading without any financial risk. Experienced Traders: Experienced forex traders can benefit from the platform’s fast execution, raw spread/commission-free accounts, and copy trading support. They can operate with no trading restrictions and benefit from an ECN account and a VPS service. Diverse Traders: Traders interested in diversifying their portfolio will find FXPRIMUS appealing. The platform allows trading on forex, stocks, metals, energies, cryptos, and indices. The 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 provides flexible trading options. Copy Traders: Those interested in copy trading can replicate the success of other traders via the cTrader platform or the FXPrimus MAM solution. This feature allows traders to retain control over their capital and get started in a few easy steps. Crypto Enthusiasts: While the selection of cryptocurrencies is limited, the 1:5 maximum leverage is higher than many similar brokers, making FXPRIMUS a decent option for forex traders to dip into if not for dedicated crypto traders. In conclusion, FXPRIMUS is a versatile platform that caters to a broad spectrum of traders. Its robust risk management, fast execution, and precise market analysis tools make it a reliable choice for anyone interested in forex trading.
Who should NOT sign up with FXPRIMUS?
While FXPRIMUS is a global financial trading broker that offers access to Forex, Stocks, and Commodities across both web and mobile platforms. , it may not be suitable for everyone. Here are some categories of individuals who might want to reconsider signing up with FXPRIMUS:. 1. Beginners and Inexperienced Traders FXPRIMUS’s trading features can be complex, especially for beginners and inexperienced traders. The platform requires a deep understanding of the market, trading strategies, and platform functionality. Therefore, those who are new to trading or lack the necessary knowledge might find it challenging to navigate and make profitable trades. 2. Risk-Averse Individuals Trading in Forex and other financial instruments involves a high level of risk. FXPRIMUS itself warns that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. In fact, a significant percentage of retail investor accounts lose money when trading CFDs with this provider. Therefore, individuals who are not willing or able to take on such risks should think twice before signing up. 3. Individuals with Limited Capital The minimum deposit amount required to register an FXPRIMUS live trading account ranges from $15 USD up to $10000 USD depending on the live account option chosen. Moreover, to claim the sign-up bonus, a trader must deposit a minimum of $500 USD. Thus, individuals with limited capital might find it difficult to start trading on FXPRIMUS. 4. Individuals Seeking High Trust Score Brokers While FXPRIMUS is regulated by two tier-2 regulators (medium trust) and one tier-3 regulator, it has a trust score of 70 out of 100. Individuals who prioritize working with high trust score brokers might want to explore other options. 5. Individuals Unsatisfied with the Company Not all clients are satisfied with FXPRIMUS, according to reviews. Therefore, individuals who value highly-rated user experiences might want to consider other platforms. In conclusion, while FXPRIMUS offers a range of trading opportunities, it’s important for potential users to thoroughly analyze the pros and cons before opening an account. It’s always recommended to do your own research and consider your individual trading needs and goals.
Does FXPRIMUS offer Discounts, Coupons, or Promo Codes?
Yes, FXPRIMUS does offer discounts, coupons, and promo codes. These offers are a great way for traders to maximize their potential earnings in the forex market. FXPRIMUS has been known to offer various promotional codes and discounts throughout the year. These offers can provide significant savings for traders, making it more affordable to engage in forex trading. It’s important to note that these offers can vary and may be subject to certain terms and conditions. Therefore, it’s always a good idea for traders to check the FXPRIMUS website or subscribe to their newsletter to stay updated on the latest offers. In conclusion, FXPRIMUS’s discounts, coupons, and promo codes can provide valuable opportunities for forex traders to save money and increase their potential profits. However, traders should always do their due diligence and understand the terms and conditions associated with these offers.
Which Account Types are offered by FXPRIMUS?
FXPRIMUS offers a variety of account types tailored to suit all levels of experience and investment. Here are the details:. PrimusCLASSIC: This account type offers base currencies in USD, EUR, GBP, SGD, and PLN. The average spread starts from 1.5 pips and there is no commission. The leverage is up to 1:1000 on MT4 and MT5 platforms. The minimum deposit is $15 USD. PrimusPRO: This is the most popular account type. It offers base currencies in USD, EUR, GBP, SGD, and PLN. The average spread starts from 0.3 pips. The commission is $8 on MT5 and $10 on MT4. The leverage is up to 1:500 on MT4 and 1:1000 on MT5. The minimum deposit is $500 USD. PrimusZERO: This account type offers base currencies in USD, EUR, and GBP. The average spread starts from 0 pips and the commission is $5. The leverage is 1:500. The minimum deposit is $1,000 USD. PrimusDEMO: This account type offers base currencies in USD, EUR, and GBP. The average spread starts from 1.5 pips and there is no commission. The leverage is 1:1000. There is no minimum deposit for this account type. All account types offer negative balance protection, 3rd party monitoring of withdrawals, video tutorials, educational materials, live webinars, and 24/5 support on Messenger, Whatsapp, Wechat, Zalo, Line, and Telegram. The maximum number of open positions for all account types is 300.
How to Open a FXPRIMUS LIVE Account?
Opening a FXPRIMUS LIVE account involves a series of steps that are designed to ensure a smooth and secure process. Here’s a detailed guide:. Step 1: Visit the Official Website The first step is to navigate to the official FXPRIMUS website. This is where you’ll find all the information you need about the different account types and trading platforms available. Step 2: Open a New Account Once on the website, look for the option that says “OPEN A NEW ACCOUNT” at the top menu bar. Click on this to start the account creation process. Step 3: Fill in the Quick Sign Up Form You’ll be presented with a “Quick Sign Up” form. Fill in all the required fields with your personal information. This typically includes your name, email address, country of residence, and preferred currency. Step 4: Receive Account ID and Password After submitting the form, you’ll receive an Account ID and Password to your email address. Make sure to keep these details safe as you’ll need them to access your account. Step 5: Login to FXPrimus’s Client Portal Next, login to FXPrimus’s client portal using the Account ID and Password you received. This is where you’ll manage your account, make deposits, and start trading. Step 6: Verify Your Account Before you can start trading, you’ll need to verify your account. This usually involves uploading certain documents such as a proof of identity and proof of address. The verification process is important for ensuring the security of your account and complying with financial regulations. Step 7: Fund Your Account Once your account is verified, the next step is to fund it. You can do this by logging into your account and following the instructions for making a deposit. Step 8: Start Trading With your account funded, you’re now ready to start trading. You can download the MT4 or MT5 trading platform to your device using your FXPrimus account credentials and place your first trade. Remember, trading involves risk and it’s important to understand the markets and instruments you’re trading with. FXPRIMUS offers a range of educational materials and live webinars to help you get started. Please note that the availability of certain services may depend on your country of residence. Always ensure you’re abiding by your local laws and regulations when trading.
How to Open a FXPRIMUS DEMO account?
Opening a FXPRIMUS DEMO account is a straightforward process that allows you to practice trading in a risk-free environment. Here’s a step-by-step guide on how to do it:. Visit the FXPRIMUS Official Website: The first step is to navigate to the official website of FXPRIMUS. Click on ‘OPEN A NEW ACCOUNT’: You’ll find this option at the top menu bar. Fill in the ‘Quick Sign Up’ form: You’ll need to provide some basic information about yourself. Receive Account ID and Password: After you’ve filled out the form, FXPRIMUS will send your account ID and password to your registered email address. Login to the FXPRIMUS Client Portal: Use the account ID and password sent to your email to log in. Download the MetaTrader 4 Platform: You can find the download link on the FXPRIMUS website. Open the MT4 application on your PC: After downloading and installing the MT4 platform, open the application. Select ‘File’ on the main menu of the MT4 platform: A drop-down menu will appear. Select ‘Open an Account’: This option is available in the drop-down menu. Choose ‘New demo account’ and click next: You’ll be required to fill in your details, tick the box agreeing to subscribe to newsletters, and then select next. Select the correct trading server: Choose the PrimusGlobal-Practice server and press next. Finish the setup: You’ll be given your account credentials showing: Name, Account Type, Deposit, Server, Login, Password, Investor. Simply select ‘Finish’ and your demo account is ready to go. Remember, a demo account is a great tool to practice trading without any risk to your capital. It provides the same conditions as a live trading environment but without the risk that normally accompanies it. Most brokers, including FXPRIMUS, offer demo accounts to their traders. Happy trading! ?.
How Are You Protected as a Client at FXPRIMUS?
As a client at FXPRIMUS, you are protected through several measures:. Regulation: Primus Markets INTL Limited, the company behind FXPRIMUS, is regulated by VFSC with registration number 14595. This ensures that the company adheres to strict regulatory standards. Negative Balance Protection: FXPRIMUS offers all clients Negative Balance Protection (NBP), which means that clients may never incur any losses that exceed their account balance. Top-tier liquidity: Clients of FXPRIMUS benefit from deep liquidity, provided by international top-tier banking institutions. This ensures smooth and efficient trading operations. Audit: FXPRIMUS abides by all regulatory requirements and is independently audited, both internally and externally. This provides an additional layer of trust and transparency. Segregated accounts: Client funds are kept in segregated bank accounts to ensure that they are always protected. This means that client funds are kept separate from the company’s operational funds. Third-Party Monitoring: FXPRIMUS has partnered with Boudica Client Trust to introduce third-party monitoring of client withdrawals. This ensures that withdrawal requests are executed as quickly and efficiently as possible. Insurance: FXPRIMUS is a member of the Investor Compensation Fund (ICF), thus eligible client’s funds are protected. In addition to this, they also have professional indemnity insurance via the Howden Group. Enhanced Insurance: FXPRIMUS has bolstered the protection of its clients’ insurance measures, bringing all client funds under the protection of up to €2.5 million. Please note that protections can vary depending on the broker entity that you open an account with. It’s always a good idea to read the terms and conditions carefully before opening a forex trading account.
Which Funding methods or Deposit Options are available at FXPRIMUS?
FXPRIMUS offers a range of convenient funding solutions to its clients across the globe, allowing them to fund their account with trust, safety, and confidence. Here are the details:. Bank Wire Transfer. Transfer Currencies: USD, EUR, SGD, GBP, PLN, HUF, ZAR, BRL. Minimum Withdrawal: $100. Fees: Covered by FXPRIMUS. Processing Time: 2-5 Working Days. Credit Cards. Accepted Cards: Visa, Mastercard, American Express. Accepted Currency: EUR, GBP, PLN, SGD, USD. Minimum Amount: $100. Fees: None. Approximate Time: 24 Hours. Electronic Payment. Options: Neteller, China Union Pay, Skrill, Zeebill, Fasapay, PaySec, ecoPays. Accepted Currency: EUR, GBP, PLN, SGD, USD. Minimum Amount: $100. Fees: None. Approximate Time: 24 Hours. Crypto Currency. Option: Bitpay. Accepted Currency: BTC. Minimum Amount: $100. Fees: None. Approximate Time: 24 Hours. Please note that FXPRIMUS does not accept 3rd party deposits. Payments must only be made in your name matching your FXPRIMUS trading account. If any 3rd party funding is received this will be refunded and costs applied to the 3rd party. Most funding is processed during working hours: Monday to Friday, 7:00 – 21:00 GMT+2, per calendar month. The company shall bear absolutely no responsibility regardless of the circumstances for any such payment providers failings thereof and/or any losses that took place or might take place in the future as a result of using the above services.
What is the Minimum Deposit Amount at FXPRIMUS?
FXPRIMUS, a CySEC-regulated retail forex and CFD broker, offers trading on a range of financial instruments including Forex, Metals, Energies, Equities, and Indices. The minimum deposit amount required to register an FXPRIMUS live trading account varies depending on the live account option chosen. The minimum deposit at FXPRIMUS can be as low as $10. , but it can also be as high as $10000. However, it’s important to note that FXPRIMUS has a standard minimum deposit of $100. This means that if you do not meet the minimum trading account requirements of FXPRIMUS, you will not be able to place live trades. The amount of the minimum deposit for brokers like FXPRIMUS varies widely from one trading platform to the next and can range from $0 - $10,000 with some brokers and trading platforms. When FXPRIMUS customers are required to make minimum deposits to activate their trading accounts, it helps FXPRIMUS ensure that the revenues generated from a customer’s broker account will be sufficient to cover the administrative costs and other overheads associated with FXPRIMUS servicing that customer’s live trading account. In general, higher minimum deposits are associated with premium trading services like more in-depth financial market data, more technical analysis tools, and access to VIP service trading features on FXPRIMUS. Therefore, the minimum deposit amount required will depend on the account type selected. Please note that the information contained in this response is for general information purposes only. Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved.
Which Withdrawal methods are available at FXPRIMUS?
FXPRIMUS offers a variety of withdrawal methods for its users. Here are the details:. Credit Cards: FXPRIMUS accepts Visa, Mastercard, American Express, and FXPrimus Mastercard for withdrawals. The accepted currencies are EUR, GBP, PLN, SGD, and USD. There is no minimum amount for withdrawal and no fees are charged. The approximate time for processing is 4-8 days for Visa, Mastercard, and American Express, and 24 hours for FXPrimus Mastercard. Electronic Payment: FXPRIMUS supports several electronic payment methods including Neteller, China UnionPay, Skrill, Zeebill, Fasapay, PaySec, and ecoPays. The accepted currencies are EUR, GBP, PLN, SGD, and USD. There is no minimum amount for withdrawal. No fees are charged except for China UnionPay which charges a 1.5% fee. The approximate time for processing is 24 hours for Neteller, China UnionPay, Skrill, Zeebill, and PaySec, and 2-5 days for Fasapay. Bank Wire Transfer: FXPRIMUS allows withdrawals through bank wire transfer. Any currency is accepted and the minimum amount for withdrawal is $100. No fees are charged by FXPRIMUS, but your local bank may charge a fee for wire transfers. The approximate time for processing is 2-5 days. Crypto Currency: FXPRIMUS also accepts Bitpay for withdrawals. The accepted currency is BTC and the minimum amount for withdrawal is $100. No fees are charged and the approximate time for processing is 24 hours. Please note that all FXPRIMUS withdrawal/refunds will be processed back to the source of the original deposit. Any excess money, which is a result of profits, may be withdrawn by bank wire for all clients. Some clients may also have other eWallets available for withdrawal of profits, at the discretion of the Company. It’s important to check with your bank before making your transaction to see if they charge a fee for wire transfers. If you encounter any issues or have further questions, you should contact FXPrimus support.
Which Fees are charged by FXPRIMUS?
FXPRIMUS, a global financial trading broker, is known for its diverse range of trading assets and high level of security. It offers access to Forex, Stocks, and Commodities across both web and mobile platforms. The trading platforms made available by FXPRIMUS include the MetaTrader Suite and cTrader. Fees: Trading with FXPRIMUS involves fees starting from $5 USD. Spreads: The spreads range from 0.5 pips to 1.7 pips. Commissions: The commissions can go up to $10 USD depending on the account traders select. Minimum Deposit: The minimum deposit amount required starts from $15 USD. FXPRIMUS is well-regulated by the Cyprus Securities and Exchange Commission (CySEC), the Vanuatu Financial Services Commission (VFSC), and the Financial Sector Conduct Authority (FSCA). Moreover, all client funds are kept in segregated accounts with tier-1 Banks. Negative balance protection is additionally offered and internal as well as external audits of accounts are noted. Deposit options offered by FXPRIMUS include Bank Wire, Local Transfers, Credit Cards, and e-wallet solutions. The minimum withdrawal amount is $100 USD across the board, with no deposit fees apply. FXPRIMUS does not accept third-party payments. All FXPRIMUS withdrawals are handled within 24-48 hours and FXPRIMUS prioritizes the withdrawal/refund back to the source of the original deposit. Please note that as of 2023, FXPRIMUS no longer offers its services to South African Traders.
What can I trade with FXPRIMUS?
FXPRIMUS is a well-regulated broker that offers a wide range of trading assets. Here are the details:. Trading Platforms FXPRIMUS provides its traders with the MT4, MT5, and cTrader trading platforms. These platforms support algorithmic trading and come with integrated copy trading services. Trading Assets FXPRIMUS offers a diverse range of trading assets. These include:. Forex: Traders can trade 43 currency pairs. Precious Metals: Four types of precious metals are available for trading. Energies: This includes various energy commodities. Stocks: A wide range of stocks are available for trading. Market Indices: Traders can also trade various market indices. Trading Conditions FXPRIMUS offers competitive trading conditions. The Primus Zero account is particularly notable for its high leverage and low trading costs. The minimum deposit requirement for this account is $1,000. Regulation and Security FXPRIMUS is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Vanuatu Financial Services Commission (VFSC). It offers a secure trading environment and has a clean regulatory track record. Please note that trading involves risk and it’s important to understand these risks before starting to trade.
Which Trading Platforms are offered by FXPRIMUS?
FXPRIMUS offers a range of efficient and powerful trading platforms, providing quick access to trading accounts anywhere in the world, at any time of day. Here are the details:. MT4 (MetaTrader 4). : Launched in 2005 by Metaquotes, MT4 is recognized for its user-friendly interface, advanced charting features, technical analysis tools, and automated trading capabilities. It supports instruments in Forex, Futures, Indices, Equities, and other CFDs. It is available in over 30 languages. The platform offers 9 timeframes, line, bar, and candlestick charts. It is the most widely available range of EAs. MT5 (MetaTrader 5). : Launched in 2010 by Metaquotes, MT5 offers a deeply adaptable user interface with one of the most dynamic trading environments in existence. It allows traders to explore CFDs, stocks, and futures with easily accessible insights. It offers 21 timeframes in total, line, bar, and candlestick charts. It also supports instruments in Forex, Indices, Precious Metals, and Crypto. cTrader. : Launched in 2011 by Spotware, cTrader offers robust risk management, fast execution, and precise market analysis tools. It is suitable for both beginners and professional traders. It offers 26 timeframes, line, bar, and candlestick charts. It supports instruments in Forex, Indices, Precious Metals, Crypto, and additional securities. WebTrader. : The MT4 WebTrader allows traders to trade online with ease, from their favorite browser. Each of these platforms is designed to enhance the trading experience by integrating an array of functionalities and tools, including advanced technical analysis, EAs, robots and signals, and market as well as mobile trading applications.
Which Trading Instruments are offered by FXPRIMUS?
FXPRIMUS, a reputable online trading and investing platform, offers a wide range of trading instruments. Here’s a detailed look at what they offer:. Forex: FXPRIMUS supports trading in Forex. Traders can trade on 45+ majors, minors, crosses, and exotics with competitive pricing and ultra-fast execution. The platform offers high leverage up to 1:1000 on major currency pairs. Indices: Indices are another key offering. Traders can place bets on broad market movements through 15 indices covering diverse global markets including the US, China, UK, Spain, and Germany. Equities: Traders can speculate on stock market movements through CFDs on dozens of individual equities. The platform provides high leverage up to 1:33 on stocks. Metals: Metals trading is available with high leverage up to 1:200. Energies: Energies are also part of the trading instruments, with high leverage up to 1:33. Cryptocurrencies: FXPRIMUS offers trading a small selection of CFDs on crypto tokens in USD pairs. The platform provides high leverage up to 1:5 on cryptocurrencies. In addition to these, FXPRIMUS also offers Futures and other CFDs. The platform supports MetaTrader 4, MetaTrader 5, and cTrader platforms, giving traders great flexibility. It also provides a range of powerful calculators, market calendars, webinars, and articles to help traders plan their trading strategies. Please note that trading involves risk and it’s important to understand the risks involved before starting to trade.
Which Trading Servers are offered by FXPRIMUS?
FXPRIMUS is a well-known online trading and investment platform. It offers a range of trading platforms on the web, tablet, or mobile, ensuring that traders have quick access to their trading accounts anywhere in the world, at any time. The company is incorporated in the Republic of Vanuatu and is authorised and regulated by the Vanuatu Securities and Exchange Commission. FXPRIMUS offers over 30 currency pairs, metals, cfds, indices, and equities for personal investment and trading options. As for the trading servers, FXPRIMUS’s server is located in New York. The server location is crucial for reducing the amount of slippage that happens when executing a trade. If it takes longer for the broker to receive the trade, it could affect the profit or even cause a loss. Therefore, having the server located in New York ensures a low latency of just 14.24ms. , providing a fast and efficient trading experience. In terms of base currency, FXPRIMUS allows trading in USD, EUR, GBP, SGD & PLN. The average spread is around 1.5 Pips, and there is no commission. The leverage offered is up to 1:1000 on both MT4 and MT5. Please note that the information provided is based on the latest available data and may be subject to change.
Can I trade Crypto with FXPRIMUS? Which crypto currencies are supported by FXPRIMUS?
Yes, you can indeed trade cryptocurrencies with FXPRIMUS. FXPRIMUS, a Cyprus-regulated forex and CFD broker, has expanded its portfolio to include CFDs on a range of popular cryptocurrencies. This move is a direct response to the evolving requirements of their stakeholders to diversify their instrument range. Cryptocurrencies Supported by FXPRIMUS: Bitcoin Ethereum Ripple Litecoin Dash Iota Bitcoin Cash . These cryptocurrencies can be traded as CFDs against the USD. The leverage provided is 1:5. The minimum trade size is 0.1 lots and the maximum is 3 lots. FXPRIMUS believes that Bitcoin and other cryptocurrencies have an important role to play in the future of trading and of the forex industry as a whole. The addition of these new crypto assets enables traders to properly diversify their crypto holdings. It’s important to note that trading in cryptocurrencies involves risk, just like any other type of investment. Therefore, it’s crucial to have a solid understanding of the cryptocurrency market and to carefully consider your risk tolerance before trading.
What is the Leverage on my FXPRIMUS Trading Account?
Leverage is a crucial aspect of forex trading, and your FXPRIMUS trading account offers a leverage of up to 1:1000. However, it’s important to note that while this high leverage can amplify your profits, it can also magnify your losses. The process to choose the 1:1000 leverage for your FXPrimus MT4 trading account is not directly available at the account opening page. Here, you can only choose up to 1:500 leverage. But, you can certainly have the Leverage 1:1000 with FXPrimus. To increase the account leverage to 1:1000, you need to follow these steps. Ensure your account balance is below 1,000 USD. Contact your account manager to request for the leverage 1:1000. The condition to have the Leverage 1:1000 for your live account is that the account balance should be less than 1,000 USD. If the account balance increases more than 1,000 USD (or equivalent), then the leverage for your account will be decreased accordingly. It’s worth noting that trading with FXPRIMUS under CySEC and MiFID guidelines, the maximum leverage level is set to 1:30 for Forex instruments. A global entity of FXPRIMUS based in Vanuatu enables you to trade with high leverage up to 1:1000. Remember, leverage is a powerful tool that allows traders to reduce the capital needed to enter a higher volume Forex trade. It offers flexible leverage from 1:1 to 1:500, so that traders have greater trading capabilities and risk controls. Please be aware of the risks associated with high leverage and ensure you’re making informed trading decisions. Happy trading!.
What kind of Spreads are offered by FXPRIMUS?
FXPRIMUS, an International Investment Firm incorporated in the Republic of Vanuatu, offers a range of spreads to suit the needs of every type of trader. Spreads are a key aspect of forex trading. They represent the difference between the bid price and the ask price of a currency pair offered by a forex broker. The lower the spread, the less the cost for traders to open a position. FXPRIMUS offers flexible account types with varying spreads. For instance, with Cent and Classic accounts, traders can trade with average spreads starting from 1.5 pips without any commission. On the other hand, Pro accounts offer tight spreads starting from 0.3 pips and a minimum commission of $8. In addition to these, FXPRIMUS also provides two types of Spread Accounts for traders to choose from, depending on their preferred trading style. With spreads starting from just 0.1 pips, traders can enjoy and take advantage of extremely competitive trading conditions. However, it’s important to note that trading with FXPRIMUS will involve fees from $5 USD, spreads from 0.5 pips to 1.7 pips, and commissions of up to $10 USD depending on the account traders select. The minimum deposit amount required starts from $15 USD. In conclusion, FXPRIMUS offers a variety of spreads and account types to cater to different trading styles and strategies. This flexibility allows traders to choose the option that best suits their trading needs and objectives. As always, traders should carefully consider their individual financial circumstances and risk tolerance before deciding on a trading strategy.
Does FXPRIMUS offer MAM Accounts or PAMM Accounts?
FXPRIMUS, a well-known player in the forex market, offers both MAM (Multi-Account Manager) and PAMM (Percentage Allocation Management Module) accounts. These account types are designed to facilitate the relationship between skilled traders (Masters) and investors (Followers) in the forex market. A PAMM account allows investors to allocate funds to a money manager, who can then trade from one master account. The profits or losses from these trades are shared among the investors. FXPRIMUS offers two types of MT4 based PAMM Accounts — PAMM STP and PAMM ECN. This provides investors with the opportunity to profit from trading, without needing to carry out technical analysis or take positions themselves. On the other hand, a MAM account is designed for money managers who manage multiple client trading accounts. The base currency of the client’s MAM account must match the currency of the Money Manager’s MAM Account. For example, if the Money Manager trades in USD, the client’s account will also be in USD, regardless of which currency the client chooses when registering with FXPRIMUS. FXPRIMUS is highly transparent about trading performance and fees associated with PAMM accounts. This transparency, coupled with the variety of account types offered, makes FXPRIMUS a popular choice among both new and experienced forex traders. Please note that trading on margin products involves a high level of risk. It’s important to understand the risks involved and seek independent advice if necessary before deciding to open a MAM or PAMM account with FXPRIMUS or any other forex broker.
Does FXPRIMUS allow Expert Advisors?
Yes, FXPRIMUS does allow the use of Expert Advisors (EAs). FXPRIMUS is an online forex and CFD broker that was established in 2009. The broker is authorised and regulated by top-tier regulatory bodies such as CySEC, VFSC, and FSCA. They offer a wide range of trading instruments over popular asset classes such as forex, equities, energies, futures, precious metals, cryptocurrencies, and indices. One of the key features of FXPRIMUS is their support for automated trading strategies. They provide a free VPS service for eligible clients to keep automated trading strategies online 24/7. This is particularly beneficial for traders who use Expert Advisors (EAs) as part of their trading strategy. FXPRIMUS utilises the MetaTrader 5 (MT5) trading platform. , which is known for its user-friendly interface and dynamic trading environment. The MT5 platform supports the updated MQL5 coding language, which enables better EA and custom indicator integration. This makes it easier for traders to implement and manage their automated trading strategies. In addition to supporting EAs, FXPRIMUS also offers a variety of other features and tools to assist traders. These include support for netting, depth of market data, and a built-in economic calendar featuring up-to-date market news. They also offer a PAMM system, which allows investors to invest in portfolios of professional traders with a track record. In conclusion, FXPRIMUS not only allows the use of Expert Advisors but also provides a conducive environment for their effective use. This, combined with their strong focus on client safety and education, makes them a suitable choice for both retail and professional traders.