FxPRIMUS review (2021) Review
FXPrimus is a forex broker that offers traders safe and highly effective service, bonuses and its own innovative developments. This company was founded in 2009, that is, it has been in the Forex market for 10 years. Such an impressive period of existence on the international financial market shows the reliability of the broker.
- Spread from 0,3 pips;
- Minimum deposit amount 250$;
- Maximum leverage 1:500;
- Regulator CySEC, VFSC, FSCA
Regulator of the broker fxprimus.com
FXPRIMUS is a licensed brokerage company. It is located in Cyprus, which is an EU member state. It is regulated as Primus Global Ltd. Cyprus Securities and Exchange Commission (CySEC with license number 261/14). And it guarantees the absolute safety of trading on this platform. The activities of PH Primus are also authorized by the Vanuatu Financial Services Commission, Ministry of Finance and Economic Administration of the Republic of Vanuatu (VFSC, registration number – 14595, and is listed under number 168 as Primus Markets INTL Limited). The company is also regulated by the FSCA, with license number 46675 as Primus Africa (Pty) Ltd.
FХ Primus platform
This brokerage company cares about traders‘ fast access to trading accounts at any time of the day and from anywhere in the world. That’s why it offers powerful trading platforms for computers, smartphones and tablets at fxprimus.com. The basic terminal of FX Primus is the proven and popular trading software MetaTrader 4. It has gained popularity due to its clear and simple interface, automatic trade setup and a wide range of opportunities for analysis. It is available in the browser and for downloading to your computer/mobile device:
- MT4 for WINDOWS works with Microsoft Windows based devices.
- MT4 for MAC is suitable for Apple computers and mobile devices.
Originally, broker FXPrimus specialized exclusively in the Forex market. Today, the scope of this corporation includes:
- foreign currencies;
- Precious metals (gold, silver, etc.);
- energy carriers;
- equity securities (stocks);
- CFD contracts;
- stock indices.
FX Primus Demo Account
The FXPRIMUS demo account helps you get acquainted with the platform and trading conditions. But it does not allow you to fully use the platform for trading. The advantage of such an account is that there is no need to register on the website and verify personal information. To use a demo account, simply switch to the demo version.
Broker FXPrimus offers customers to use three accounts to choose from, depending on the size of the deposit and trading style. The most promising is ECN Premium. It is used by experienced traders. It can be opened when depositing from $500. Spreads on such trading account are the lowest and start from 0 pips. Also users of ECN Premium can use support of personal strategies and weekly seminars on financial matters and speculation. Additionally, SMS and email messages are sent out with trading signals from quality and reliable providers.
Deposit and withdrawal
Fx Primus offers a lot of ways to deposit and withdraw money. To make a deposit, you need to register on the portal fxprimus.com and deposit the amount from $100. You may deposit and withdraw money by the following ways
- a bank card;
- payment systems Neteller, GiroPay, Skrill, Itau, FasaPay, EcoPayz, UnionPay, bitpay;
- bank wire transfer;
- cryptocurrency wallet (Bitcoin, Litecoin, Ethereum, Ripple, Dash).
When using bitpay and in the case of bank transfer, the waiting time for the transfer is one day. In all other cases it is usually 5 minutes. Currency for deposit – EUR, USD, GBR, etc.
Advantages of FXPrimus
The advantages of the organization abound:
- It provides 3 types of accounts depending on preferences and deposit size;
- the main trading platform – MT4 and its modifications like WebTrader;
- there are many ways to deposit and withdraw money.
The disadvantages of FXPrimus
Negative qualities of this intermediary are much less:
- withdrawal by bank transfer can be delayed up to 5 days depending on the bank;
Pros / Cons