FXPRIMUS Review
FXPRIMUS is an award-winning online broker, offering trading and execution services to retail and institutional clients worldwide. FXPRIMUS offers 120+ tradable financial instruments, across 7 asset classes, including foreign exchange (FX), cryptocurrencies, commodities, indices and global equities.
FXPRIMUS is the brand name used by:
Primus Global Ltd, regulated by CySEC, with licence no. 261/14.
Primus Markets INTL Limited, regulated by VFSC, with registration no. 14595.
Primus Africa (Pty) Ltd, regulated by FSCA, with licence no. 46675.
FXPRIMUS offers the following account types: FXPRIMUS Demo Account, FXPRIMUS Variable Account, FXPRIMUS ECN Premium Account, and FXPRIMUS VIP Account. FXPRIMUS clients can trade on the popular MT4 trading platform, available for desktop, web and mobile. The broker also provides training and educational courses through Primus Academy to existing and new clients, as well as the general public.
FXPRIMUS is known as The Safest Place to Trade, offering third-party monitoring of client withdrawals, Negative Balance Protection, and an additional client fund insurance of €2.5million for all clients. The FXPRIMUS Customer Support is available 24/5 in 10+ languages via email, phone or live chat.
Typical Spread on Majors
| EUR/USD | 1.4 |
| GBP/USD | 2.5 |
| USD/JPY | 2.0 |
- Company Info
| Headquarters | Limassol, Cyprus |
| Type of Broker | STP & ECN/STP |
| Founded | 2009 |
| Regulated By | Regulated By CySEC (Cyprus), VFSC (Vanuatu), FSCA (South Africa) |
| Offices In | Cyprus, South Africa |
| Supported Languages | English, Chinese, Spanish, Hungarian, Indonesian, Arabic, Portuguese, Malay, Russian, Vietnamese, Czech |
| ESMA Regulated? | This broker is regulated within the E.U and issubject to ESMA's new Forex and CFD trading restrictions. To find out more about these restrictions, please see this article |
- Account Details
| Account Currencies | EUR, USD, GBP, SGD, PLN, ZAR |
| Minimum Deposit | $100 |
| Traders from USA Allowed | No |
| Clients Funds Segregated | Yes |
| Interest on Margin | No |
| Islamic Accounts | Yes |
| Islamic Account Restrictions | Muslim Faith Only |
| ECN / STP Accounts Offered | Yes |
| Commission on STP or ECN | $5 / Lot round trip (ECN Pro account), $10 / Lot round trip (ECN account) |
| VIP Accounts Offered | Yes |
| VIP Account Requirements | $10,000 Minimum Deposit |
| Mini Accounts Offered | Yes |
| PAMM / MAM Solutions | Yes |
| API Solutions | Yes |
| Mobile Trading | Yes |
| Web Based Trading | Yes |
| Funding Methods | Credit/Debit Cards, Bank Wire, Skrill, Neteller, Fasapay, China UnionPay, Bitpay, Ecopayz, Giropay |
| Withdrawal Methods | Credit/Debit Cards, Bank Wire, Skrill, Neteller, Fasapay, China UnionPay, Bitpay, Ecopayz, Giropay |
- Platform Details
| Platforms Offered | MetaTrader 4, MetaTrader 4 iOS, MetaTrader 4 Android, WebTrader, Platinum API |
| NO of Pairs | 42 |
| Cryptocurrency Trading | Yes |
| Pricing Digits | 5 |
| Trade off Charts | Yes |
| One-click Execution | Yes |
| Email Alerts | Yes |
| Mobile Alerts | Yes |
| Trading Server Time | GMT + 2 |
| Demo Account Expiry | 30 Days of Inactivity |
| VPS Offered | Yes |
| Free VPS Conditions | Free if maintain equity of USD 5000 and trade 5 Lots (within 30 days of account activation). |
- Trading Details
| Dealing Desk | Yes |
| Maximum Leverage | 500:1 |
| Minimum Contract Size | 0.01 |
| Execution | Instant Execution and Market Execution |
| Hedging | Yes |
| Scalping | Yes |
| Scalping Restrictions | No |
| Option of OCO | Yes |
| Option of FIFO | No |
| Liquidity Providers | 5+ |
| Negative Balance Protection | Yes |
- Additonal Instruments
| CFD's | Yes |
| Metals | Yes |
| Oil | Yes |
| Stocks | Yes |
| Futures | Yes |
| Indices | Yes |
FXPRIMUS Reviews
To submit your own Forex Broker review please fill in the form below. Your review will be checked by a moderator and published on this page. Please ensure that you use a valid email address when posting your review and check your email after submitting the review - we will send you an email with a confirmation!
