Since its 2009 debut, FXPrimus has grown to be a well-known international trading broker with locations in Europe, Asia, and Dubai.
The company provides incredibly quick trade execution with no re-quotes. Customers gain from interbank spreads starting at 0.1 pip as well.
To accommodate the trader’s various needs, a range of accounts are provided, including the Cent solution, which requires a $15 opening deposit.
The three key principles that the worldwide commerce brand and its owners uphold are honesty, security, and safety. As a result, the Cyprus Securities and Exchange Commission is one of the top financial regulators that oversees brokerages as a result (CySEC). The Vanuatu Financial Services Commission also regulates Primus Markets INTL Limited (VFSC). The regulatory status of the firm and the numerous client protections are described below.
The MetaTrader 4 (MT4) platform is accessible through the web trading solution as well as for download on Windows, Apple, and Android devices. The user-friendly control panel and automated trading features of MT4 are well known.
- 23 analytical objects.
- 30 built-in indicators
- There are three execution modes.
- Two market orders
- 4 pending orders
- Interactive charts
- Strategy tester
FXPrimus also offers access to MetaTrader 5 (MT5) for more seasoned traders (MT5). The platform can be downloaded for free or used online. Mobile devices can also access the terminal.
The newest version of MetaQuotes’ software, MT5, includes a number of helpful features, including:
- 21 timeframe
- Market Depth Function
- more than 80 technical indicators
- Financial news and the economic calendar
- Automated Trading with Expert Advisors (EAS)
- Lots of charting options, including line, bar, and candle.
Through the cTrader platform, clients can also take part in copy trading. While novice investors can pick up tips from seasoned investors, signal providers can market their positions and tactics.
Additionally, the interface’s multiple charting styles and color choices are available. In actuality, six chart views offer 54 timeframes. The four accessible order types are: market, limit, stop, and stop limit. cTrader supports a number of sophisticated features, such as:
- Hot keys and keyboard shortcuts
- Up to 50 charting templates
- Community Forum
- Algorithmic investing
- One-click trading
FXPrimus offers trading on popular financial markets:
Bonds, futures, and options are also available on the broker’s trading platforms.
Variable spreads and commissions are the main sources of income for FXPrimus. With no commissions for Cent and Classic accounts, spreads begin at 1.5 pips. With a Pro account, spreads decrease to 0.3 pips and come with a $10 commission on MT4 and an $8 commission on MT5. FXPrimus 0, the company’s ECN trading service, provides zero pip spreads with a $5 charge.
It is significant to note that the broker does not charge any additional costs that are not disclosed up front. In comparison to rivals, the firm’s extended accounts also offer a very competitive trading environment.
The maximum leverage in FXPrimus is 1:1000. With the firm’s Pro Account and Securities Trading Solution, stakes are limited to 1:500. Leverage changes according to the asset as well.
On Apple or Android phones, users can download fully functional MT4, MT5, and cTrader mobile apps from FXPrimus. Nearly all of the functionality found in desktop solutions is available in applications. Additionally, they are completely connected, allowing you to view all of your trades and deposits on the corresponding mobile app, even if they were made on your desktop terminal.
Deposits and withdrawals
A number of deposit and withdrawal methods are available at FXPrimus, including bank transfers, credit cards like Visa and Mastercard, and e-wallets like Skrill and Neteller. Along with emerchantpay, other options include FasaPay, UnionPay, ecoPayz, bitcoin payments, and others.
A free demo account is available from FXPrimus. The application procedure is short and simple.
Potential investors can access the client/participant cabinet on the trading tab on the home page after registering. A demo account is a terrific way to test a strategy or get acquainted with the offerings of a broker.
Primus Cent, Primus Classic, Primus Pro, and Primus Zero are the four main account types. All accounts include live webinars, free learning resources, negative balance protection, and support available around-the-clock.
With spreads starting at 1.5 pips and a minimum initial deposit requirement of $15, the cent account is a fantastic choice for newbies.
The Pro solution, which offers spreads starting at 0.3 pip and commissions starting at $8 on MT5 and $10 on MT4, is also well-liked. The Zero Account, as its name suggests, offers commissions as low as $5 and spreads as low as 0.0 pips. Leverage for a zero account is restricted to 1:500 as opposed to the 1:1000 accessible for other trading platforms.
Customers can contact customer service by email at email@example.com or live chat seven days a week. Along with other social media platforms, the company also offers a Telegram support bot, Whatsapp, and Line accessibility.
Since the FXPrimus server is secured by HTTPS, potential hackers attempting to obtain your name, address, and bank information, among other things, are prevented from accessing your personal data. Both MT4 and MT5 provide two-factor authentication at the login step.
In the event of insolvency, the broker also distributes customer funds from the firm’s capital. Regular audits of FXPrimus also give another level of assurance.
Countries with which FXPrimus works and does not work
FXPrimus accepts traders from Thailand, Canada, the United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, the United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.
Traders from Australia, Belgium, Iran, Japan, Korea, and the United States are unable to use FXPrimus.
long-standing regulated broker FXPrimus offers more than 200 markets. Beginners have access to leverage up to 1:000 with a minimum deposit of $15. The MT5 platform and ECN solution are a good fit for seasoned traders. FXPrimus is a reputable online trading broker overall.