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FXPrimus Review: Is this broker legit, safe and trustworthy for UAE citizens and residents?

This is a comprehensive evaluation of FXPRIMUS, a multi-asset trading platform that offers over 130 different tradable assets to choose from. Foreign exchange and social trading are the assets available on FXPRIMUS. Cyprus Securities and Exchange Commission (CySEC) and other regulatory bodies oversee this safe and transparent platform. FXPRIMUS provides access to a wide range of services as well as access to a number of different markets. A gold trading platform, as well as access to more than 120 trading pairs in numerous marketplaces, are available through this service. FXPRIMUS' web-based trading platform is easy to use and extremely trustworthy. It includes a $50,000 example account manager to allow customers to get some hands-on experience with the software. Withdrawals and deposits are processed in a timely and safe manner. The dedicated team at FXPRIMUS is committed to aiding users by offering a variety of offers and promotions to its customers. The company operates on a global scale. Get started with FXPrimus.

Finding trustworthy FXPRIMUS reviews and a broker who fits your requirements while trading in the financial markets might be difficult in times when the internet is inundated with numerous FXPRIMUS reviews. Let's take a closer look at this FXPRIMUS review and see how well the company's platform functions as a global online financial trading platform for traders that conduct business with FXPRIMUS, shall we? As part of this FXPRIMUS broker review, we will explore the advantages and disadvantages of the broker, what the firm offers, where countries the company is present in, account types given by the company, and the process of creating a trading account with the broker. Let's get started and learn more about how it functions.



Cyprus-based FXPRIMUS was established in 2009 and maintains its headquarters there. Primus Markets INTL Limited is governed by the VFSC. A worldwide online financial trading platform and broker of several assets, FXPRIMUS is regulated by Primus Global LTD and is headquartered in London. It provides its VIP clients with chances in online forex trading, commodities, energy, and indices trading, among other things. It assists its clients throughout their trading careers by providing intellectual, technical, and practical assistance to them.

FX Primus has also received a number of Global Brand Awards, including the following:

Winner of the Best Asian Forex Support category at the 2019 Global Forex Awards.

Winner of the Traders Fair Best Trading Service in South Africa for 2019.

The Best Forex Broker Europe 2019 award was presented by FXDailyInfo.

Winner of the Global Brands Best Forex Broker Asia 2019 competition.

Winner of the Global Brands Most Trusted Broker Asia 2018 award.

Winner of the Traders Awards for the Best Forex Broker in Vietnam for 2018.

In 2018, FxDailyInfo named FX Primus as the Best Customer Support Broker as well as the Best Trading Platform of the Year.

According to our evaluations, it has the following characteristics:

- Account in Demo Mode.

- API Trading is a term that refers to the trading of APIs.

- The option of social trading is accessible.

- Copy Trading is an option for you.

- StopLoss.

- Stops in the middle of a trail.

- Orders with a TakeProfit limit.

- For advanced financial chart comparison, FXPRIMUS provides advanced financial chart comparison tools.

FXPRIMUS provides top-tier financial market analysis backed by research, as well as investment advice from top-tier analysts.

FXPRIMUS is a trading platform that can be accessed from a variety of platforms, including Windows PCs, Apple MAC computers, IOS devices such as iPhones and iPods, Android smartphones, and online via a web browser, among others.

It also provides an easy-to-use platform with features that are appropriate for both beginner traders and seasoned professionals.

FXPRIMUS users have the advantage of being able to access the FXPRIMUS platform in a variety of languages.

The FXPRIMUS review states that the company provides a wide range of services to its traders in order to assist them in achieving their aim of becoming a professional trader as rapidly as possible. FXPRIMUS is committed to making trading as simple as possible for the general public by providing them with a plethora of tools. Customers of FXPRIMUS may take use of the following services:-

Is FXPRIMUS a regulated brokerage firm? The FXPRIMUS review found that the broker is licensed and monitored by reputable financial regulatory agencies, which we found to be true. Regulatory oversight is provided by the Cyprus Securities and Exchange Commission (CySEC) and the European Union's Markets in Financial Instruments Directive (MiFID). In order to ensure safe trading and license maintenance, brokerage businesses must adhere to a number of rules and criteria before being granted a license. These rules and criteria are determined by a financial conduct authority. Regulatory authorities keep an eye on broker activity, communicate information, and react if something goes terribly wrong. Before you trade with a broker such as FXPRIMUS, double-check that they are a reputable online brokerage. If you are seeking for brokers who are regulated by the FCA or the ASIC, please see our best forex brokers UK page or our best forex brokers Australia page.

In our FXPRIMUS evaluations, we also came to the conclusion that the broker's login and open an accounting processes were straightforward. Follow the steps outlined below:-

To open an account with one of these forex brokers, you must first register with them.

It is necessary to download the trading platform of your choice after you have received your FXPRIMUS login area information through email, submitted your identity papers for account confirmation, and made a deposit in order to continue.

You can find all of the information you need regarding the FXPRIMUS login area right here. When you connect into your FXPRIMUS account and go through the regular KYC identification procedures, you will be required to provide crucial papers to prove your identity.
Tweets by FXPRIMUS
The firm's 10,000 customers benefit from these routine audits, which allow the company to maintain a safe financial and trading environment for its customers.

The minimum lot size for trading with an FXPRIMUS broker is just 0.01 lot. The sort of account you open will determine whether or not this is the case. With FXPRIMUS, you may trade a maximum of 80 lots at a time. Because FXPRIMUS provides both ECN and STP execution, you can expect to benefit from extremely tight spreads and better transparency when it comes to the price you pay to execute your trades.

FXPRIMUS broker claims to be one of the few brokers who do not requote their clients. As a result, there is no danger of slippage (your trades being ordered at a different price to what you executed them at).

Because FXPRIMUS is regulated by the Cyprus Securities and Exchange Commission (CySEC), every new client must pass a few basic compliance checks to confirm that they understand the risks associated with trading, the trading options available to them, and the trading costs associated with their trades before they are eligible to participate in trading. When you establish an account, you will most likely be asked for the following information, so be prepared to provide it.

Please be advised that the expiration date of the Proof of Address document for different firms operating under the FXPRIMUS Brokerage Brand may vary. You must submit an image of your passport, driver's license, or other official identity document in color. Three-month utility bills or bank statements that reflect your current address and foreign currency rate are required.

To complete the account opening process, you'll need to answer a few simple compliance questions that will verify your trading experience, market research, and market maker status. Allow at least 3 minutes to complete the account creation process. It's important to remember that, while you may be able to explore the FXPRIMUS website right immediately, you won't be allowed to trade until you've passed compliance, which may take several days depending on your circumstances.

Let's take a look at some of the principles of employing FXPRIMUS leverage in more detail. The company FXPRIMUS sells CFDs, which are a type of leveraged product, in this case with a ten-fold increase in leverage.

So you have a $10,000 position, but you only put up a thousand dollars, or a tenth of the account's worth, in order to protect yourself. You've found yourself in a situation where a modest sum of money is in charge of a much greater financial problem. This is your starting point for negotiations. Consequently, how does leverage effect your profits and losses? To put it another way, it amplifies them both in and out of the picture. It is possible to increase both profits and losses when utilizing FXPRIMUS. Consider the following scenario: you wish to purchase $10,000 worth of General Electric (GE) stock using the FXPRIMUS platform's contracts for difference feature ( CFDs ). If General Electric (GE) increases in value by 10% as a consequence of favorable outcomes, your $10,000 investment becomes worth $11,000. As a result, the value of your leveraged CFD bet has grown by $1000 (10 percent), reflecting a one-hundred percent gain in value over the cash you first deposited in it. Because the price has increased by up to ten percent, our initial investment of ten thousand dollars in the deal has resulted in a profit and benefit of one thousand dollars.

Leverage using FXPRIMUS is effective in both ways. If General Electric (GE) declines 10% on the week's results, your $10,000 investment is now only worth $9,000, down from its original value of $10,000. It's now worth a thousand dollars less than it was before. CFDs from FXPRIMUS are most typically used for short- to medium-term trading, according to the company. FXPRIMUS, for example, provides CFD trading throughout the day. Because CFDs are not tied to the financial markets, they carry a higher level of risk than traditional market trading and market volatility.

However, because they are not related to the financial markets, they can be more flexible than typical market reports and trades, as well as market makers, in which you own the underlying asset in which you are investing. CFD trading signals allow you to trade fractional shares, global market reports, market volatility, and short sell CFDs. They are also useful for day traders. CFDs can also be used as a hedge by traders with more experience. Keep in mind that CFDs are sophisticated financial products that carry a significant risk of losing money fast due to the use of leverage. It is possible that deposits will not be sufficient to cover losses and margin requirements.

The FXPRIMUS demo account enables new traders to hone their trading skills on their platforms, allowing them to become more successful and confident traders over time. It is also suggested for experienced traders to experiment with sample retail investor accounts in order to get a feel for their safe and secure trading environment. New traders may get a feel for the MT4 trading environment by using Webtrader, which does not require any downloads and can be accessed from any device with an internet connection, including smartphones and tablets.

Account with Variable Interest Rates (VARIABLE ACCOUNT): In a live and safe trading environment, the FXPRIMUS Variable Account enables users to trade forex, commodities, energy, and indices in real time. The benefits of using a Variable Account are numerous, including access to an unending supply of free educational resources to aid you in making educated trade decisions, as well as access to a selection of special trading signals and tools that are only accessible to FXPRIMUS traders. Users with variable accounts can also make trades without paying any commissions.

ECN Account (Electronic Communications Network): This account is for investors who have a minimum investment of USD 500 in the FXPRIMUS ECN Premium Account. FXPRIMUS gives traders with unrestricted access to all of their premium services, including SMS updates and Trading Signals, in order to help them make better decisions more quickly and efficiently. The ECN Premium Account Holder is further aided in their trading strategy by having access to a weekly educational financial trading conference as well as the lowest spreads starting at 0.1.

Trading is a high-risk endeavor that demands a significant amount of knowledge and expertise. FXPRIMUS MT4 Download is a web-based trading platform that is one-of-a-kind and easy-to-use, making it a great choice for beginners. Customers have access to a range of functions on the site after making a monetary deposit into their account account balance.

The FXPRIMUS MT4 trading platform is the most trusted and reliable platform in the trading market. User satisfaction with their automated trading systems, as well as their success, are all ensured by this service. After opening an account and depositing funds into the account, users will be able to use the web-based platform. A extremely user-friendly and reliable platform, the FXPRIMUS MT4 download is a must-have. You may search for other currency pairings on the left-hand side of the platform, which is accessible from the home page. A user's preferences can be used to search for trading pairs and other commodities, as well as for forex, indices, and lists of commodities.

In the centre of the screen, there is a huge chart display with several parameters that users may customize according to their tastes. It is possible to customize the timings of candlesticks and apply other trade indicators in order to have a thorough grasp of technical analysis. In addition, users may select between day and night vision according on their need. It is possible to download the MT4 trading platform for Windows 7, 8, and 10 from the company's web site.

In order to be effective in trading, one must be proficient in charting and analyzing techniques. Because of the importance of charting and analyzing, FX PRIMUS has established a method for training its user reviews, which takes use of the company's numerous capabilities. Techniques such as charting, as well as a number of indicators and techniques, are used in technical analysis. Thus, it provides users with a powerful sense of charting and analyzing information A small terminal is also available as an alternative.

Mini Terminal is a small terminal that may be used for a variety of purposes.
It enables users to manage many transactions at the same time, establish a stop loss, and profit from their successful trades. Customers of its platform benefit from a variety of advantages as a result of this.

As a result of the increasing globalization, mobile trade has become a need for many businesses. Users may use the MT4 mobile trading platform to access their accounts and start trading even when they are not in close proximity to their computers. As a result, mobile trading is critical in providing assistance to FXPRIMUS consumers.

Leverage on the FXPRIMUS platform: According to CySEC laws, the maximum amount of leverage available to retail clients is 1:30, while the maximum amount available to institutional traders is 1:200. Potential customers should be aware of the risks associated with leveraged trading.

VPS for FXPRIMUS Tools: A service that allows you to connect to MetaTrader 4 is what this is (MT4). Because of the ease of use provided by FXPRIMUS, customers are able to make great trading judgments as a result of the software.

Like any other broker, FXPRIMUS assesses an inactivity charge based on the spread, which is the difference between the price of an asset when it is purchased and sold. Withdrawal costs from FXPRIMUS vary based on the payment type used. FXPRIMUS does not impose a fee for accounts that are no longer active. It levies a fee for deposits that remain inactive. For example, costs associated with depositing funds from a credit card are well-known to be expensive. Brokers provide a variety of services, including online trading platforms, mobile trading apps, financial research tools, and instructional materials. A brokerage firm's ability to provide these services and make income as a business is essential.

Customers may be charged a variety of trading inactivity fees and trading company costs by their brokers, all of which you should be aware of because they may have an influence on your earnings and advantages. Unless otherwise stated, the commissions and spreads mentioned here are based on the minimum spreads given on the official website of FX Primus. The color bars depict how competitive FX Primus's spreads are in contrast to those of other prominent brokers, as well as the amount of trading experience the traders have had with them.

The following are the deposit and withdrawal methods used by the firm, as detailed in our FXPRIMUS review:

Process of Making a Deposit: In the trader's trip, one of the most important elements to consider is the method of deposit. They intend to put their money into investments in the hopes of receiving a decent return and high-quality advise on their investments. It allows a variety of various deposit methods. In the course of normal business hours, Monday through Friday from 7:00 a.m. to 21:00 GMT+2, all deposits are credited to the accounts. FXPRIMUS does not impose any deposit fees on its clients.

Because traders will be getting their cash through trading conditions and paying careful attention to the withdrawal methods of various brokers while investing money, this is the point of their journey that is most anticipated. If you want to withdraw money from FXPRIMUS, you can use a credit card that you can obtain from them for a one-time price of $15. Getting to know the FXPRIMUS deposit technique is not a tough task. For all account types, FXPRIMUS will only process withdrawals that are made back to the source of the initial deposit.

FXPRIMUS Incentives are two types of trading bonuses that are meant to reward loyal clients while also raising trading volume, as we discovered throughout our FXPRIMUS study. This bonus gives both new and current traders with regulatory protection as well as the opportunity to take advantage of a 30 percent trading incentive, which provides them with US Dollar 1500 in additional free trading money. A deposit of at least US Dollar 500 (or its equivalent in another currency and brokerage) is required in order to be eligible for this promotion.

According to our FXPRIMUS assessment, the firm does not currently provide referral bonuses to new or existing traders who make use of the company's goods and services. Brokers provide referral incentives to traders in order to recruit new clients from third parties and to expand their customer support base and stock holdings. These incentives typically come with strict margin requirements that must be completed before a trader can reap the benefits of referring a friend or family member to the company. Such bonuses are not available to traders who have registered or who are using a demo account to place their trades.

To trade effectively with FXPRIMUS, you must first become familiar with the trading tools and market updates available to you. Make full use of all educational materials that are made available to you by your school. This includes both internal and external education resources made available by FXPRIMUS to its employees. FXPRIMUS offers a diverse selection of instructional resources. Consider devoting some time to get familiar with the way the financial markets function. Take the time to become familiar with the trading platform you're using. Trade in the stock market by buying and selling, learning how to take advantage of worldwide trading hours, and most critically, learning how to decrease and manage risk in your investments while still following regulatory requirements.

The FXPRIMUS app is made available to traders by the company. FXPRIMUS offers the renowned MT4 forex trading platform, which is accessible for download. On the same device, the FXPRIMUS iOS or Android native app will be significantly quicker than the Avatrade website and will provide higher quality performance. FXPRIMUS also provides mobile applications for Android and iOS devices, making it simple to keep track of stock levels and perform transactions while on the road.

- Primus Markets INTL Limited is regulated by the Financial Services Commission (VFSC), which has registration number 14595.
- Clients can benefit from Negative Balance Protection (NBP), which ensures that losses do not exceed the account manager balance of the client's trading account.
- Exceptional Liquidity FXPRIMUS clients have access to a significant quantity of liquidity offered by top-tier banks and brokers across the world.
- Third-party monitoring By collaborating with Boudica Customer Trust to enable third-party monitoring of client withdrawals, FXPRIMUS establishes new standards for the security of client money, attracting third-party requests that are processed as quickly and effectively as possible as a consequence.

Customer service options, reaction times, and the usefulness of the FXPRIMUS trading platform in addressing difficulties are all examined in this FXPRIMUS review. FXPRIMUS provides support for the following languages: English, Spanish, Indonesian, Chinese, Thai, Vietnamese, Hungarian, and Malaysian. FXPRIMUS has a triple AAA support and customer satisfaction rating due to the fact that they provide a large range of languages, live chat, email, and phone service.

There are a number of different languages spoken by FXPRIMUS customer service representatives from all around the world. When dealing with challenges, having a broker who can hire people from all over the world who can communicate with you in your original language is a major benefit. It is essential that your customer service experience with FXPRIMUS is positive in order for you to be able to trade efficiently with financial market makers on the FXPRIMUS platform. FXPRIMUS should make certain that any of your questions are addressed and that any difficulties with the FXPRIMUS platform are remedied as soon as possible after you submit your request. Customers who have a query about FXPRIMUS can expect the company's customer service representatives to take their inquiry seriously and reply as fast and efficiently as possible. FXPRIMUS has an excellent client support team, which is one of the reasons we gave them a high grade for customer service.

FXPRIMUS live chat was tested for our FXPRIMUS reviews and found to be functioning. We then sent messages to FXPRIMUS live chat via their app and website and received a response in less than three minutes, which we thought to be impressive. Put the FXPRIMUS chat service to the test and see how it performs. Users of the FXPRIMUS chat service benefit from a responsive chat service that delivers exceptional customer care and assistance. It's vastly superior to having to wait for an email for days on end. FXPRIMUS is available in a number of different languages and geographical places. When a consumer has a problem, the FXPRIMUS help center responds swiftly. It also features a section dedicated to frequently asked questions for users.

We wrote FXPRIMUS multiple times over the course of our FXPRIMUS evaluation, and their response times were always prompt and courteous. The fastest response time recorded by FXPRIMUS was less than 2 minutes, while the slowest response time recorded was 3 hours. Although response times for FXPRIMUS support may vary, we experienced this experience after sending 10 emails at various times throughout the day.

The personnel and brokers were very helpful in answering our queries and resolving our issues. FXPRIMUS offers amazing email customer service.

With FXPRIMUS, you'll receive outstanding phone support. We contacted FXPRIMUS in order to do our FXPRIMUS evaluation and received a timely answer. The call was answered in less than a minute, according to the system. The FXPRIMUS phone support service was able to properly answer all of our questions and resolve our concerns over the phone. We put the multilingual capabilities of the FXPRIMUS personnel to the test by placing calls in a range of languages. FIXPRIMUS went out of its way to make certain that all of our questions were addressed.

Our FXPRIMUS review has come to the conclusion that the broker is not a fraud. In addition to being one of the most reputable forex brokers, it is also not a scam, as proven by the numerous restrictions and stringent protection of customer funds. In the world of trading platforms, FXPRIMUS is one-of-a-kind in that it offers a wide range of services to its consumers. It provides you with access to a wide range of marketplaces. It is a reputable platform that provides a choice of account kinds as well as additional security safeguards to its users.

In addition to a demo account manager, the FXPRIMUS platform is supported by a knowledgeable team of professionals. It offers a wide range of tools and information to assist traders in their endeavors. FXPRIMUS has a highly active support crew that is available to assist users. Thus, FXPRIMUS is a superb platform for simple, secure, and diversified trading that offers a wide range of options. Although this broker offers just MetaTrader 4, we do not give it a full five stars because the spreads are somewhat higher than those offered by other well-known rivals and brokers.

Broker bonuses are one of the most efficient methods to persuade new traders to join up and open account types, and the FXPRIMUS bonus fulfills this criterion with its welcome or deposit bonus, as well as other promotional incentives. In addition, FXPRIMUS incentive gives a cashback advantage as well as a 30 percent deposit bonus to loyal clients and traders who transact with FXPRIMUS in big quantities of transactions.

Is FXPRIMUS a Reliable Forex Broker? This in-depth review for FXPRIMUS necessitated research that lasted three months. Despite the fact that FXPRIMUS is not without flaws, we discovered a slew of useful elements in their overall offering during our evaluation study. Investing with FXPRIMUS was a pleasurable and profitable experience for us. When a number of criteria are taken into consideration, FXPRIMUS is a good broker. FXPRIMUS has a long history of offering Forex and Social Trading services to its customers worldwide. FXPRIMUS employs at least 10 workers in its customer service department.

FXPRIMUS is governed by the Cyprus Securities and Exchange Commission (CySEC) and the European Union's Markets in Financial Instruments Directive (MIFID) (MiFID). Thus, FXPRIMUS is controlled by a jurisdiction that can hold a broker accountable for its faults or at the very least function as an arbitrator if a bigger issue arises between traders.

Deposits and withdrawals at FXPRIMUS can be processed in as little as 2 to 3 business days. This is really important when withdrawing money. FXPRIMUS has a global presence with offices in a number of countries. Seminars and training sessions on FXPRIMUS will be held in your region as well. FXPRIMUS has the ability to recruit specialists from all over the world that are competent in the language of your choice.

In order to use FXPRIMUS, you must make a deposit of at least $100. The bare minimum deposit for FXPRIMUS is one hundred dollars.

How Long Does It Take to Withdraw from FXPRIMUS? The amount of time it takes to withdraw money from FXPRIMUS varies, however it is normally between 2 and 5 business days.

Whether or whether FXPRIMUS offers a bonus is debatable. Two types of trading incentives are available at FXPRIMUS, both of which are designed to reward loyal clients while also raising trading volume.

Is FXPRIMUS a product that is available in Canada? No. It is one of the nations that is not accepted by FXPRIMUS.

The advent of new organizations that take clients and trades from established brokers who have been in business for decades must be easy for them to bear seeing. The seasoned broker, on the other hand, has something that rookie brokers cannot take away from them, and that is the necessary experience. The surge of new Forex brokers, on the other hand, is not a source of concern for experienced brokers who know how to operate their businesses effectively. It is the purpose of this review to look back on the origins of one broker who has been providing Forex services for a very long period of time. The FXPrimus review will provide you with an understanding of the broker's service offerings. Despite the fact that it is the most liquid market in the world, the Forex market is unforgiving, and brokers must work extremely hard to stay in business.

FXPrimus has built a solid reputation over the past few years, and even younger traders prefer this broker to freshly created brokers who are apparently cool and current in their appearance. FXPrimus has been in operation since 1999 and has a number of offices across the world, including New York, Amsterdam, Singapore, and Hong Kong, among others. Customers may also take use of the broker's STP services, which allow them to place trades on the basis of assets that are different in value from one another. In addition to allowing for competitive spreads, STP also helps to avoid conflicts of interest between brokers and their consumers. FXPrimus is a Cyprus-based company that is registered with the CySEC. Let us remind you that this broker has been there since before the advent of tight market laws, and that it has survived those turbulent times only to have its quality and loyalty reaffirmed under new legislation that must be consistent with EU directives and norms. Other licenses held by the broker only serve to increase its overall worth as well. It is vital to note that the broker welcomes clients from the United States and has a large customer base of Americans in other countries. The majority of European brokers do not give services to their American counterparts.

The broker provides the Meta Trader 4 trading platform, which is widely used across the world and is considered to be the greatest trading platform available. There are desktop and browser versions of the MT4 that are compatible with Windows and Mac computers. In the meantime, the platform is available in 30 languages, allowing it to serve even more merchants from countries where English is not the first language. The Platinum API is the other platform provided by this broker. This platform is not suitable for novices because it requires a minimum investment of $50,000 to trade on this advanced platform. The platform has above-average execution speed, allows for the creation of a customised interface, allows for the customization of liquidity, and includes automated functions. As expected, FXPrimus provides the accompanying FXPrimus mobile applications for a more comprehensive trading experience on the go.

As we can see, the broker has a somewhat different account categorization than we do. The trend for joint accounts began in Asia, where traders were encouraged to pool their resources if they were unable to finance their accounts separately. The corporate account is intended for financial managers and financial counselors that handle various funds for a number of different clients at the same time. The bare minimum deposit is one hundred dollars. Mini, micro, and normal lots are all available for trading. As a result, the leverage does not exceed 1:500, which is already too high by today's standards. Because it is an ECN broker, the spreads on any of the accounts will appear to be quite attractive. The broker provides extremely low spreads, which can sometimes be as low as 0.01 pips. Aside from that, slippage and requotes are quite infrequent, particularly with the ECN Premium account. Spreads are available in both variable and fixed formats, according to the broker.

Traders will occasionally be pleased with this broker's generous incentive scheme, which is available 24/7. Registering with the broker allows you to take advantage of the FXPrimus 100 percent deposit bonus and an extra $4 in cash back rewards. In addition, the broker organizes promotions in which the already-low spreads are even further reduced, for example, to 0.05 pips for particular assets. The FXPrimus cashback bonus gives you $2 back for every traded lot you make. An additional 30 percent trade bonus is available, which can significantly boost your trading account. In the event that you decide to place trades on gold, you will be pleased to hear that the pips for gold begin at just 0.04 pips.

Alternatives for Financing: FXPrimus provides traders with a variety of handy payment options that allow them to deposit and withdraw funds with ease. Wire transfer, credit cards, and e-wallets such as Skrill, Neteller, ecoPayz, UnionPay, Fasapay, EasyBill, TrustPay, YuuPay, and SafeCharge are just a few of the payment alternatives available to customers. After the customer has validated the account in accordance with the verification procedure, the withdrawal requests are processed within one business day. There are no additional costs imposed for deposits or withdrawals, and there are no hidden charges.

Customer Service is available: Because the broker has spread to several locations throughout the world, it is only reasonable that FXPrimus provides bilingual client service. The FXPrimus customer service team is available 24 hours a day, five days a week by the normal channels, such as phone, e-mail, and the simple live chat. The broker has a very handy FAQ area, where you can get all of the general information you need. If you want to expand your knowledge, you may take use of the various educational tools that the broker makes available on their website.

The overall impression of FXPrimus is that it is an established and reliable broker that offers customized account types as well as industry-leading trading platforms to a global clientele. A total of two tier-2 regulators (medium trust) and one tier-3 regulator oversee the operations of FXPrimus. FXPrimus has a trust score of 70 out of 100, which indicates that it is trustworthy.

FXPrimus is a global financial trading broker that is well-known for providing access to Forex, stocks, and commodities through both web-based and mobile-based trading platforms and applications. The MetaTrader Suite and cTrader are two of the trading platforms made accessible by FXPrimus, with four live trading accounts available for traders of varying levels of experience and expertise.

Foreign exchange broker 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). Furthermore, all customer monies are held in separate accounts with tier-1 financial institutions. In addition, negative balance protection is provided, and both internal and external audits of accounts are documented and reported on.

FXPrimus does give a $25 USD sign-up incentive to new customers. Clients, both new and current, can take advantage of the sign-up bonus offer. To be eligible for the sign-up bonus, a Trader must make a deposit of at least $100 USD. Clients who make a first-time deposit into a Live-trading account with Primus Markets INTL Limited are eligible to get the 25 percent Bonus offered by the company.

The bonus offer, on the other hand, is only accessible on the PrimusCLASSIC account type, with the MT4 trading choice being the sole trading option. The minimum deposit amount necessary to open a live trading account with FXPrimus ranges from $15 USD to $100,000 USD, depending on the live account option selected, with the maximum deposit amount required being $100,000 USD. The minimum amount of money that must be deposited will vary depending on the account type selected.

FXPrimus offers four separate live trading account types: the PrimusCent Account, the PrimusClassic Account, the PrimusPro Accounts, and the PrimusZero and PrimusDemo Accounts, which are all subsets of the PrimusCent Account. Account packages at FXPrimus are customized to meet the needs of traders of various levels of expertise. The Islamic swap-free trading platform FXPrimus is available on three different trading account levels. Among the swap-free PrimusCent models are the PrimusClassic and PrimusPro models. FXPrimus automatically grants extended swap-free status to all relevant trading accounts opened by clients residing in countries other than Islamic nations. FXPrimus does provide a free trial trading account for newbies to use in order to get a feel for the market in a completely risk-free environment. The demo account with FXPrimus expires after 30 days of inactivity. On request, the FXPrimus Demo Account can be changed to be non-expiring.

Primus Global Ltd is a company regulated by the Cyprus Securities and Exchange Commission (CySEC), with registration number 261/14.
Primus Markets INTL Limited - authorized by the VFSC (Vanuatu) registration number. 14595 Primus Africa (Pty) Ltd - authorized by the FSCA (South Africa) registration no. 46675 Primus Markets INTL Limited - authorized by the VFSC (Vanuatu) registration no. 14595

FXPRIMUS is a forex trading platform that is recognized by multiple countries and seeks to give their traders with a secure environment with the fastest execution speeds, as well as innovations and several awards that recognize FXPrimus as the top Forex supplier. The broker opened offices in Vanuatu, as well as in Cyprus, South Africa, and other nations across the world, in order to meet the demands of their clients who live all over the world.

When it comes to FXPRIMUS, the company is really part of the FXPrimus Group and operates via three primary brands. Clients may benefit from deep liquidity, which is offered by worldwide top-tier financial institutions and is available everywhere in the Forex market.

FXPrimus is a reputable broker that is regulated by major authorities such as the Cyprus Securities and Exchange Commission and the Financial Services Commission of South Africa (Read the FSCA Regulated Avatrade Review). A professional education and excellent research are available to newcomers at FXPrimus, which ranks among South Africa's leading brokers in terms of trading volume. There is a wide range of trading platforms available, and all trading styles are welcomed.

On the negative side, the product offering is mostly centered on forex and CFD trading. Another outstanding feature of FXPrimus is that it has established itself as one of the safest and most profitable online trading platforms available, with expenses starting as low at 0 pip. While, in general, FXPrimus' significant accomplishments, as well as its sophisticated trading conditions, have been acknowledged by world traders numbering in the millions, as well as international newspapers. Awards such as Best Forex Broker Europe 2019 by FxDailyInfo Awards, Most Trusted Broker Asia by Global Brands Awards, and others are among those given to the company. Is FXPrimus a legitimate company or a scam?

In fact, FXPrimus is not a scam; it is an authorised broker that also offers Professional Indemnity insurance up to 2.5 million euros for low-risk Forex and CFDs trading activities.

Is FXPrimus subject to regulation? For the purposes of legitimizing and regulating FXPrimus, it is necessary to note that it is a brand name used by Primus Worldwide Ltd, formerly known as FX Primus Europe (CY) Ltd, and that it is a member of the FXPrimus group, which is a global trading firm with several representative offices. Because of its headquarters in Cyprus, the broker is permitted to provide services to European clients under the jurisdiction of the Cyprus Securities and Exchange Commission (CySEC).

Additional regulatory oversight is provided by other countries, such as the FSCA (South Africa), which makes it reasonably simple for residents of South Africa and foreign traders to participate in the trading market there. Furthermore, FXPrimus is a legal business that is approved by the VFSC (Vanuatu), which is an offshore license that does not require the severe and essential safety precautions that are required in other jurisdictions.

If the company is based primarily in another country, we do not encourage trading or putting your faith in them. However, because FXPrimus is a European broker and because it adheres to several Forex regulations, it is regarded to be a secure trading environment.

There is no legal body or regulatory oversight for FXPrimus in Malaysia, nor is it regulated by the local institution that regulates financial businesses, Bank Negara Malaysia (BNM). It does not rule out the possibility of opening an account with FXPrimus if you are a trader from Malaysia; the broker has a Vanuatu organization that welcomes clients from all over the world. It simply implies that you will register a bank account with a firm that is not especially regulated in the Malaysian financial sector.

However, FXPrimus has earned a reputation as a trustworthy broker, and the decision to trade or not is always yours. What safeguards does it have in place? The safety of investors, as well as compliance with established standards, is accomplished in a variety of methods, as the broker is required to maintain funds in segregated bank accounts and to ensure that they are constantly safeguarded. These rules are also monitored and audited by the regulatory agencies, which we bring to your attention once again as to why registered brokers are deemed safe and, finally, the only brokers who should be used and recommended.

Furthermore, all clients trading under Negative Amount Protection so that you will never suffer any losses that exceed the balance of your account are protected as well. As an additional measure of protection, FXPRIMUS has implemented a 2.5 million client fund insurance policy, which is available to any and all clients at no cost.

Leverage is a financial product that allows you to trade enormous sums of money owing to its capacity to multiply your beginning balance for a specified number of times, which is determined by the instrument and regulated as well. While leverage can enhance your exposure to the markets, it also raises the likelihood of making gains or incurring losses in the process, making it critical to learn how to utilize leverage wisely.

FXPrimus is a registered broker, and the leverage amounts it offers are set by the regulatory constraints imposed by each jurisdiction in which the broker operates. Simply put, it implies that you should first check with the company's customer care to see which level you are authorized to use, as this may be determined by your location in the nation or elsewhere. It is also true that you have the option of deciding under whatever entity you want to register an account, but you should double-check this with FXPrimus first.

Trading with European FXPrimus is governed by CySEC and MiFID regulations, and the maximum leverage level for Forex products is fixed at 1:30 under these regulations.

Trading entities and traders in South Africa may be exposed to leverage of 1:200 for currency pairings and lesser leverage for other products.

A worldwide entity of FXPrimus situated in Vanuatu allows you to trade with high leverage up to 1:300 through a global entity of FXPrimus.

Types of accounts: The account types offered by FXPrimus also represent the company's efforts to meet the needs of both starting traders and professionals, as well as those who demand certain parameters to be met.

FXPrimus offers a variety of account types that allow you to trade and invest in a variety of markets while also having access to the whole spectrum of instruments that the company offers to trade. In addition, you will benefit from cheap spreads and no commission fees, as well as unrestricted access to instructional and research resources, which we will discuss in greater depth later in our FxPrimus review. The FXPrimus accounts that are provided include both Live Accounts and Demo Accounts that may be used for practice or familiarization with a platform, respectively. When it comes to account kinds, they are split according to the amount of money you want to invest, with the apparent result that the spreads will grow smaller the longer you trade with a higher account grade. Furthermore, the ability to trade Micro lots allows you to have access to the Micro Account trading option.

Additionally, Premium Account holders are eligible to extra services such as weekly educational financial trading seminars, as well as the lowest spreads.

As a result, the Variable Account, also known as the Standard Account, requires 1000$, the FXPrimus ECN Premium Account requires 2,500$, and the VIP Account requires 10,000$, the amounts of which may change depending on the entity of FXPrimus you choose to trade with.

Furthermore, there is the option to request an Islamic Account, also known as a Swap-free account, which allows traders of Islamic religion to participate in the trading process without having to worry about swap costs or spread widening.

What is the procedure for opening a Forex Demo account? Consequently, in order to set up a Demo Account, which is a fantastic and required choice for practicing before moving on to Live trading, you should simply complete and submit the following steps:

In the next steps, and if you're ready, you may proceed with the necessary verifications of your identity and establish an existing Live Account with all of the features that FXPrimus has to offer.

Step-by-step instructions for creating a demo account:

1. Navigate to the FXPrimus Sign In page. 2.

2. Fill out the form with your personal information First and last name, country of residence, email address, phone number, and so forth. Additionally, you may use your existing Facebook or Google account to follow.

3. Obtain access to your trading area by sending an email to verify your account information.

4. When you are ready, you may turn on Live Trading in your client area by selecting it from the Preferences drop-down menu.

Instruments of trading: If you trade with FXPrimus, you'll be able to trade more than 120 different instruments, including forex, futures, stock indexes, energy, indices, and cryptocurrency. Though at times the number of available trading instruments may appear limited when compared to other brokers, there are still enough popular trading instruments to diversify your portfolio, especially when considering the low cost wide offered by FXPrimus, which we will discuss in greater detail in our FXPrimus Review later on. No commissions are paid at FXPrimus because of the tight spread conditions and reasonable trading rates. Spreads are as low as 0.1 pip with no commissions at FXPrimus, making it an excellent choice for all types of traders. Alternatively, if you want to trade using an ECN connection with raw spreads, you will be charged a fee of 10$ per lot.

In addition, you should always take into consideration additional expenses such as non-trading fees and withdrawal fees, which we shall discuss in further detail below.

The Non Trading Fees are explained in detail. These costs should be taken into consideration as well; normally, brokers charge accounts when there has been no activity for a period of six months or longer, a price known as the FXPrimus Inactivity fee.

Despite this, FXPrimus will reimburse any fees associated with deposits or withdrawals, which we shall discuss in further detail later in our FXPrimus review.

FXPrimus Forex Costs We have discovered that FXPrimus fees for Standard accounts are quite high in comparison to the rest of the market for currencies, but that they have a very decent offering for cryptocurrency and commodities.

The prices for ECN accounts are reasonable for all instruments, and there is no commission charge each lot, as seen in the screenshot below. Consider the following comparison table: you can see the usual FXPrimus spread as well as the spreads of other major CFD brokers, and you can also see the trading conditions of another popular broker, FP Markets. Furthermore, always consider the rollover or overnight fee as a cost, which is levied on positions maintained for more than a day and is decided by whether you are trading in the selling or buying direction, as well as the difference between bids. If you are trading the GBP USD pair, the swap rate is 2.0485 if you are going short and -12.282 if you are going long.

Deposits and withdrawals are accepted. Across the globe, FXPRIMUS provides a wide selection of accessible financing alternatives to its clients, allowing them to fill their accounts with trust, safety, and confidence. Always double-check the criteria and procedures that are applicable to you based on your location and the organization that provides FXPrimus services in your country.

There are several methods for making the deposit, and FXprimus also compensates consumers by covering all fees and expenses on their behalf. However, always double-check with your payment provider to see whether any costs will be eliminated as a result of the supplier's own policy.

In terms of the tactics themselves, you may use whatever you choose.

Credit card payments, as well as the option to issue the FXPRIMUS MasterCard, which allows for a simple transaction with a minimum deposit of 100$, are all available.

E-wallets such as Neteller, Skrill, giropay, bitpay, unionpay, webmoney, and several more are available.

To start a Standard Account, you must make a deposit of at least 1000 dollars. However, because the minimum transfer amount is just 100$, you have complete freedom to select the most appropriate method and the number of dollars you desire to send at your leisure.

As a result, the Variable Account, also known as the Standard Account, requires 1000$, the FXPrimus ECN Premium Account requires 2,500$, and the VIP Account requires 10,000$, the amounts of which may change depending on the entity of FXPrimus you choose to trade with.

Withdrawals from FXPrimus are free of charge, and the withdrawal methods are presented in the same way as deposits. Always check the company's policies before withdrawing money, as some regulations require that withdrawal methods be strictly the same as those used to make a deposit in order to avoid fines.

What is the procedure for withdrawing from FXPrimus? When you intend to withdraw money from your FXPrimus account, the first step is to log into your account and submit a withdrawal requirement. Finally, these are the procedures to follow in order to withdraw money from FXPrimus.

- Access your account by logging in.

- Navigate to the Withdraw page by way of the Account area.

- Choose your preferred withdrawal method and the amount you intend to withdraw, then click on the 'Withdraw' button.

- Fill out the withdrawal request form with all of the necessary details.

- Confirm your withdrawal and click "Submit."

- You can keep track of the development using your Account.

To trade the 120+ products that are offered at FXPrimus, you will be able to access them all using one of the most prominent MetaTrader platforms in the business, which is suited for both desktop and mobile trading.

The MetaTrader4 platform has been chosen as the broker's primary trading platform, and there are versions available for desktop Windows, Mac, Android, and iOS mobile trading devices, as well as the MetaTrader Platform Web Trader.

MT4 for Windows and Mac for Desktop, Tablet, Mobile, and Webtrader, in conjunction with a Virtual Private Server (VPS), connects to your trading platform fast and efficiently, resulting in a high rating in this category.

The web trading platform is, without a doubt, a very beneficial tool for your trade since you only need to login to your account using any internet browser and then use the features of the FXPrimus platform. Because it is based on the MT4 design and layouts, WebTrader features a clean interface, several tools, and additional choices that are all readily available to you. However, for extensive research and day trading, we still prefer the desktop version. How to Make a Purchase

Placing an order is a straightforward operation, as you may trade and open trades immediately from the chart by selecting 'Place Order' from the menu bar.

You should click on it, navigate through the instrument chart you're willing to trade, and establish the desired preferences (Market Order or Pending order), pick essential risk levels with stop loss and take profit, and then click on it again to exit. And you're done. Of course, moving forward, you'll have complete control over your position, and you'll be able to either manually close the trade or alter it if it doesn't hit one of your predetermined thresholds. For those who are expert traders or who demand more advanced features from their trading platform, a desktop version is a must-have. You may pick between the MT4 Desktop version for Mac or Windows, depending on your device, and take use of all of its features and functions.

When you utilize the desktop version, you'll have full access to several technical analysis tools, as well as the excellent charting features that have made MT4 renowned, as well as the possibility to automate your trading through the use of Expert Advisors, often known as EAs. The platform provides a clear vision, is extremely user-friendly, and allows you to benefit from a big number of educational movies that are readily available.

FXPrimus does not impose any restrictions on trading methods, so you are free to employ either scalping or hedging techniques, as well as social trading possibilities, which we shall discuss in greater depth later.

Indeed, MT4 is quite popular and well-known for its excellent charting function as well as its wide choice of comprehensive tools, since these features have the potential to significantly improve the trading process. However, MT4 is also a highly secure platform, which, when combined with the regulatory framework, provides a high level of protection.

You may also leverage FXPrimus' social trading features in conjunction with a PAMM Broker that facilitates interactions between World Class fund managers and followers, as well as a PLATINUM API with Fix Protocol when you trade with the broker. Simple follower registration is available through the methods outlined below; however, if you're a professional, FXPrimus provides an enticing package that includes the opportunity to obtain greater market visibility, which you can always learn more about by visiting the company's official website. Consequently, in addition to modern learning materials, the firm professionals are supplying a variety of Research tools and resources. This comprises news feeds that are made available directly to traders, assisting them in making educated judgments via daily market outlooks, trading signals, videos, training sessions, and custom-made market reports, among other things.





Additionally, other trading tools, such as the Economic Calendar and Trading Calculators, are still available to you, while VIP clients have unique access to Premium Trading Signals and the Platinum API, among other things. Additionally, the SMS Service provides you with access to real-time market updates, which is quite convenient.

Overall, FXPRIMUS is a broker that offers a wide variety of trading products, as well as a selection of technological ECN solution connection options and raw spreads to choose from. traders of all sizes, strategizing abilities, and levels of knowledge and skill will be helped with instruction or a variety of programs, initially tiny deposits to get started, or even the creation of a suitable trading account. We also appreciate the fact that both new traders and seasoned pros will be able to discover a suitable trading alternative, as well as the large number of trading instruments available to meet the most basic and frequently requested requirements.

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Reviewed by Arpita Singh

Arpita SinghArpita Singh is the main writer at ForexBroker.ae. As a senior investment professional with 10+ years of experience working at top-tier Private Equity and Sovereign Wealth Fund; she is also responsible for fact-checking concepts, reviews, and related details about brokers and exchanges listed on this website. Full Bio.