FXPRIMUS Review – Forex Broker Profile

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FXPRIMUS

5.0/ 5
Max leverage30:1 EU & 500:1 Non-EU
Min. deposit$100
Spreads fromFrom 0.1 pips
RegulatorCySEC

FXPRIMUS key facts

Regulated by
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
Headquarters
Zavos Kolonakiou Center, Kolonakiou, Agios Athanasios, Limassol, Cyprus
Current promotion
Yes
Founded
2015
Minimum deposit
$100
Leverage
30:1 EU & 500:1 Non-EU
Country
Cyprus, South Africa
Base currencies
EURUSDGBPSGDPLNZAR* *Available to clients under Primus Africa (Pty) Ltd only.

FXPRIMUS trading conditions

  • Minimum spreadsFrom 0.1 pips
  • Trading platformMetaTrader 4 (MT4)
  • Web tradingYes
  • Hedging & scalpingYes
  • News tradingYes
  • Mobile tradingYes

What is FXPRIMUS?

FXPRIMUS trading conditions: leverage up to 30:1 EU & 500:1 Non-EU, spreads from From 0.1 pips, $100 minimum deposit MAX LEVERAGE30:1 EU &… SPREADS FROMFrom 0.1 pips MIN. DEPOSIT$100
FXPRIMUS headline trading conditions at a glance.

FXPRIMUS is a forex and CFD broker based in Cyprus, South Africa, listed with a foundation year of 2015. It offers leverage up to 30:1 EU & 500:1 Non-EU, spreads from From 0.1 pips and a minimum deposit of $100. Clients trade on MetaTrader 4 (MT4) and on mobile.

Broker FXPRIMUS Review

FXPRIMUS Review: Key Facts

FXPRIMUS provides online trading and execution services to retail and institutional clients worldwide. FXPRIMUS offers 120+ tradable financial instruments, across 7 asset classes. These are primarily foreign exchange (FX), cryptocurrencies, commodities, indices and global equities.

The broker also provides training and educational courses through the Primus Academy, a training school that offers online FX courses and education services including seminars, online educational products, and coaching portals to existing and new clients, as well as the general public. The company offers an FX marketplace for retail clients, including investors, day traders, high-net-worth individuals, and quasi-institutional investors.

FXPRIMUS Trading Platform

FXPRIMUS offers its traders the world renowned MT4 trading platform. MetaTrader 4 is suited to traders of all levels, accompanied by advanced charting features, technical research tools, and the capability to work with various automated trading strategies. 

Its user interface is simple enough for any beginner trader to comprehend while the wide array of integrated tools on the platform ensures that experienced traders can conduct in-depth market analysis. A few of the key features of the MT4 platform include support for multiple languages, one-click trading, automated trading and extensive charting.

FXPRIMUS Account Types

FXPRIMUS offers 3 main types of trading accounts, FXPRIMUS Variable (STP), FXPRIMUS Premium ECN and the FXPRIMUS VIP account.

 FXPRIMUS Review

FXPRIMUS Company Regulations

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 Dependability

FXPRIMUS is setting new standards in the safety of client funds by partnering 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.

As an added safety measure, FXPRIMUS has introduced a client fund insurance of €2.5million, which is offered for free to all clients. In addition, FXPRIMUS offers all clients Negative Balance Protection (NBP) so that they may never incur any losses that exceed their account balance. Learn more about the protection offered by FXPRIMUS by clickin

FXPRIMUS Has Some Useful Promotions

*Certain products & services may not be available to all clients depending on which FXPRIMUS Group entity their trading account adheres to.

  1. 100% Trading Bonus

The incredible FXPRIMUS 100% deposit bonus is applicable on deposits of up to $10,000. Additionally, FXPRIMUS offer up to $4 cashback for every lot traded!

  1. 30% Trading Bonus

Just to show how much they value our traders, FXPRIMUS offers an exclusive 30% bonus, giving up to $1500 to both new and existing traders. Amplify your trading experience with this bonus simply by depositing a minimum of 500 USD.

  1. Join the Oil Rally

Crude Oil prices have a huge impact across many instruments, including Indices, Stocks, Currencies and other Commodities. As Oil is the main source of energy worldwide, markets are very volatile with extensive market movement. Sign up today and take advantage of the volatility, with FXPRIMUS’ low crude oil and spot oil spreads.

  1. Go for Gold

FXPRIMUS is offering traders some of the lowest spreads in the industry. As gold is the most traded metal as a hedge or safe haven alternative, FXPRIMUS decided to offer their clients the opportunity to take advantage of gold movements with razor-thin spreads and excellent trading conditions.

  1. Change My Broker

Have you lost money with another broker? Prove it and FXPRIMUS’ll reimburse you!

Have you lost money due to excessive slippage, re-quotes, gaps in the market, hacked accounts or lost or misplaced deposits/withdrawals by your current broker?  

Complete the registration form and open a live account with FXPRIMUS. If the FXPRIMUS specialists determine your broker was at fault, they’ll reimburse your losses! 

Trading Accounts at FXPRIMUS

FXPRIMUS offers its traders the opportunity to test its services before starting with a Live Account! They’ve also written an ‘Ultimate Guide to Demo Accounts’ to give new traders a wealth of information before they begin their trading career!

Aside from the Demo accounts, FXPRIMUS offers Standard, ECN and VIP accounts to its traders! That however isn’t all that’s available. PAMM* and MAM* accounts are available to traders who don’t have the time or experience to begin their trading career. To find out more, check out their website!

*The products advertised are only available to clients under Primus Markets and Primus Africa.

FXPRIMUS Customer Support

The customer support service at FXPRIMUS is open 5 days a week. Customers can speak to the support team through email, chat or the telephone. The support service is also provided in multiple different languages.

Before you open an account or claim an offer, check the broker's licence in the official CySEC register of investment firms.

FXPRIMUS Review – FAQ

Is FXPRIMUS Review a good broker?

The company offers an FX marketplace for retail clients, including investors, day traders, high-net-worth individuals, and quasi-institutional investors.

What should traders know about FXPRIMUS Review?

FXPRIMUS offers its traders the world renowned MT4 trading platform. MetaTrader 4 is suited to traders of all levels, accompanied by advanced charting features, technical research tools, and the capability to work with various automated trading strategies.

Who is FXPRIMUS Review best for?

Its user interface is simple enough for any beginner trader to comprehend while the wide array of integrated tools on the platform ensures that experienced traders can conduct in-depth market analysis.

Is FXPRIMUS safe and regulated?

FXPRIMUS is regulated by 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. This is a tier-1 regulator with strict capital rules, segregated client funds and, in many cases, an investor compensation scheme.

Safety checklist before you deposit

  • Search licence 261/14 on the official CySEC register and confirm the company name matches.
  • Check that client funds are held in segregated bank accounts.
  • Make a small first deposit and test a withdrawal before you add more.
  • Confirm negative balance protection applies to your account type.

FXPRIMUS account types

The broker offers several account options so beginners and experienced traders can choose the right fit. Accounts open from a $100 minimum deposit.

FXPRIMUS account options
AccountBest forAvailable
Mini accountBeginners trading small lot sizesYes
VIP accountHigh-volume traders wanting raw spreadsYes
Islamic (swap-free)Traders who need no overnight interestYes
Managed accountInvestors who prefer a money managerYes

Trading platform and conditions

FXPRIMUS provides MetaTrader 4 (MT4), so you can trade from any browser without installing software. Mobile trading is supported as well.

  • Scalping and hedging are permitted, which suits short-term and EA-style strategies.
  • News trading is allowed during high-impact economic releases.
  • Spreads from From 0.1 pips on major currency pairs.
  • Leverage up to 30:1 EU & 500:1 Non-EU gives large position sizes from a small deposit, which also raises the risk of fast losses.

Deposits and withdrawals

FXPRIMUS supports 14 funding methods, including Credit/Debit Cards, Bank Wire, Skrill, Neteller, Fasapay, China Union Pay and more. Accounts can be held in 6 base currencies (EUR, USD, GBP, SGD, PLN and more), which helps you avoid conversion fees.

FXPRIMUS bonus: Yes

How the promotion works

The current FXPRIMUS promotion is Yes. Entry rules, dates and eligible countries are set by the broker. Read the full terms on the FXPRIMUS website before you trade for it.

Check the promotion

Looking for free trading credit instead? Compare the latest forex no deposit bonus offers and forex deposit bonuses.

FXPRIMUS pros and cons

Pros

  • Scalping and hedging allowed
  • News trading allowed
  • Islamic, VIP, Mini and managed accounts
  • 14 deposit methods
  • Regulated by a tier-1 authority

Cons

  • $100 minimum deposit is higher than some rivals

How to open a FXPRIMUS account

  1. RegisterVisit the FXPRIMUS website and sign up with your name, email and phone number.
  2. Verify your identityUpload a passport or national ID and a recent proof of address (KYC).
  3. Choose an accountPick Islamic, VIP, Mini, managed or a standard account, and your base currency.
  4. Fund the accountDeposit at least $100 with Credit/Debit Cards, Bank Wire, Skrill or another method.
  5. Start tradingLog in to MetaTrader 4 (MT4) or the mobile app and set your risk per trade.

Is FXPRIMUS a good broker? Our verdict

FXPRIMUS suits active traders who want freedom to scalp or trade the news, plus a wide choice of payment methods. Its tier-1 regulation adds a strong layer of client protection. Start small, test a withdrawal, and only trade money you can afford to lose.

FXPRIMUS FAQ

Is FXPRIMUS a regulated broker?

Yes. FXPRIMUS is regulated by 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. This is a tier-1 regulator with strong client protection.

What is the minimum deposit at FXPRIMUS?

The minimum deposit is $100. You can fund your account with Credit/Debit Cards, Bank Wire, Skrill, Neteller and more.

What is the maximum leverage at FXPRIMUS?

FXPRIMUS offers leverage up to 30:1 EU & 500:1 Non-EU. High leverage increases both potential profit and potential loss, so use a stop-loss and small position sizes.

Does FXPRIMUS offer an Islamic account?

Yes. Swap-free Islamic accounts are available for traders who cannot pay or receive overnight interest.

Does FXPRIMUS have a bonus?

The current promotion is Yes. Read the full terms on the broker's website before you trade for it. Check our forex no deposit bonus page for more free offers.

Where is FXPRIMUS located?

The head office is at Zavos Kolonakiou Center, Kolonakiou, Agios Athanasios, Limassol, Cyprus.

Can I scalp and hedge with FXPRIMUS?

Yes. Scalping and hedging are allowed, and news trading is allowed too.

Which trading platform does FXPRIMUS use?

FXPRIMUS offers MetaTrader 4 (MT4), with mobile trading support.

Write a FXPRIMUS Review

Risk warning: CFDs and leveraged forex are complex instruments with a high risk of losing money quickly. Make sure you understand how they work and whether you can afford the risk. ForexAllNews may earn a commission from links on this page; this does not change our review.