Clients can choose to trade with popular trading platforms such as MetaTrader 4, MetaTrader 5, cTrader, and WebTrader, providing a variety of trading options. At FXPrimus, customer service takes center stage, with an unwavering commitment to providing top-tier support to all clients, regardless of their trading activity levels. Our dedication shines through in personalized assistance, tailored to address any queries or concerns that traders may encounter.
A very good broker.
FXPrimus resides under multiple financial regulators such as CySEC, VFSC and FSCA, making FXPRIMUS one of the most well-regulated brokers on the market today. As a result, FXPrimus has a global presence with multiple offices around the world, while it is able to operate in over 200 different countries around the world. So you have a $10,000 position, but you only put up a thousand dollars or a tenth of the account’s value. You’re in a circumstance where a small amount of money is in charge of a much larger financial issue. Let’s imagine you want to buy $10,000 worth of General Electric (GE) utilizing the FXPRIMUS platform’s contracts for difference ( CFDs ). If General Electric (GE) gains 10% due to positive results, your $10,000 holding is now worth $11,000.
Customer Support
An advantage of trading with FXPrimus is the high level of safety as it’s regulated by two tier-2 regulators (medium trust) and one tier-3 regulator. When traders use a currency other than their account’s base currency, currency conversion charges may apply. Additionally, cTrader offers a customizable algorithmic trading environment with cutting-edge infrastructure – making it attractive for those looking to test their algorithms seamlessly. The broker acknowledges the platform’s popularity as an alternative to the MetaTrader suite due to improved order execution capabilities and comprehensive risk management features. They have embraced the MetaTrader 5 (MT5) platform to meet the ever-changing requirements of modern traders.
How to Open Your Account
- This comprises both internal and external education tools provided by FXPRIMUS.
- FXPRIMUS continuously look to improve security for clients and give them peace of mind by implementing the latest technologies and advanced safety mechanisms alongside the educational material provided.
- FXPRIMUS is based in Vanuatu and Cyprus, operating under stringent regulatory constraints and providing services to traders worldwide, focusing on security and transparency.
- However, the minimum transfer amount is only 100$, so you may choose the appropriate method and number of funds you wish to transfer.
- Certain countries may also impose sanctions or have stringent laws that limit the activities of foreign financial service providers.
FXPRIMUS should ensure that all of your queries are answered and that any issues with the FXPRIMUS platform are resolved. When an FXPRIMUS customer has a question about FXPRIMUS, the FXPRIMUS customer care personnel should take it seriously and respond quickly and effectively. FXPRIMUS has a fantastic client support team, which is why we gave them a good rating for customer satisfaction. Trading is a risky gig that necessitates a great deal of experience and understanding. To begin trading, the company provides a one-of-a-kind and simple-to-use web platform, FXPRIMUS MT4 Download. After depositing money into their account balance, customers get access to a variety of features on the platform.
Does FXPRIMUS offer accounts for professional traders?
The platform has a clear view, is very customer friendly, and allows you to befit or get better from largely available education videos. The deposit may be performed in numerous ways while in addition, FXprimus rewards clients with coverage of the fees and charges. Yet, always check carefully with your payment provider in case any fees will be waived due to its own policies.
PrimusCent Swap-Free Account
This personal support ensures that traders receive timely assistance and guidance when needed. In this comprehensive review, our goal is to provide an in-depth assessment of FXPrimus, highlighting its strengths and weaknesses. We aim to equip you with detailed information about the broker, including account options, deposit and withdrawal procedures, commission structures, and more. FXPrimus traders with a minimum of $500 in their accounts are offered the VPS platform for free, while a deposit of $50,000 and above unlocks a Platinum API option. Beginners could use it to learn the foundations of trading using a platform, while it allows advanced traders to test out new strategies without having to put any money on the line.
It is not meant as direct advice or a prompt to undertake any specific action, including investments or purchases. Before making financial decisions, we urge you to conduct thorough research, exercise personal judgment, and consult with professionals. The content is not tailored to individual financial circumstances or needs.
These products may not be suitable for everyone, and it is crucial that you fully comprehend the risks involved. Prior to making any decisions, carefully assess your financial situation and determine whether you can afford the potential risk of losing your money. To withdraw funds, log in to your FXPrimus account, go to the withdrawal menu below the dashboard and choose how you wish to receive your funds from the dropdown. The broker processes all withdrawal requests within 24 hours, and depending on the withdrawal method, the funds should be available in 2-5 business days. The platform, which is available for Windows, Apple or Android, in desktop and mobile versions, with multi-language support and a user friendly interface, makes trading effortless.
While account types are divided by the investment size, where obviously the spreads will become lower as long as you trade with a higher account grade. Besides, you may access the Micro Account trading option through the possibility to trade Micro lots. FXPrimus offers four account variations, PrimusClassic, PrimusPro, PrimusZero, and PrimusDemo, that are tailored to suit traders of different experience levels and investment portfolios.
The broker can accept clients from most countries excluding residents of certain countries/jurisdictions including, Australia, Belgium, Canada, France, Iran, Japan, North Korea, Singapore and USA. If you find your country is not accepted, please feel free to browse our broker reviews for another option. Hi Narender Malik,We’re sorry to hear that you are facing this issue.To protect your privacy, please reach out to our team and we’ll happily review any issues you may have faced. I have been trading with this trade company for quite some time now, and I can confidently say that they are one of the best in the industry.
FXPrimus is an ECN (electronic communications network) broker meaning that it gives clients direct access to other participants and uses prices from different liquidity providers. News feeds aren’t automatically linked to Meta Trader, I don’t think there are even news feeds for individual pairs. I gave them 5 stars when I started but I recently switched to a real broker and realised just how bad fxPrimus truly is. Since its inception in 2009, FXPrimus has been committed to protecting its client’s interests and has earned the reputation of being a trusted broker. They have a strong regulatory framework, holding licenses from renowned regulatory bodies like the Cyprus Securities and Exchange Commission (CySEC) and Mauritius’s Financial Services Commission (FSC). While ForexBrokers.org has some data verified by industry participants, it can vary from time to time.
For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. There is a short online form to complete and you will need to verify your email. You will https://forexbroker-listing.com/ then need to upload a form of identification and proof of address. Once verified by the accounts team you will then be able to fund your account and start trading. I completed it within minutes and had an email right away with my login details.
Founded in 2009, FXPRIMUS is an online trading broker with great emphasis put towards client safety and education whilst utilising new technologies to continue to improve their offering to traders. I was impressed by the excellent fxprimus review range of trading tools for conducting chart analysis and finding trading signals. I like how the broker gives you a choice of trading accounts depending on your strategy and has a good variety of convenient funding options.
They conduct regular financial and compliance audits that are externally authenticated to ensure independent, transparent and accurate review of the company finances. FXPrimus is a truly global platform with a multilingual customer service team on hand. The firm’s learning academy is overflowing with training videos, support materials, and a variety of signal and alert services to complement your daily trading needs. The FXPRIMUS platform has a competent crew behind it, in addition to a demo account manager. As a result, FXPRIMUS is a fantastic platform for simple, secure, and diverse trading. We don’t award this broker a full five stars because it only offers MetaTrader 4, and the spreads are slightly more significant than those supplied by popular competitors and brokers.
And you’re done, of course further on you have full control over your position and can either close the trade manually or adjust it, unless t hit some of your defined levels. Since the broker decided to mainstay at the MetaTrader4 there are available versions for Desktop Windows, Mac, Android, and iOS mobile trading devices, also through MetaTrader Platform Web Trader. However, the minimum transfer amount is only 100$, so you may choose the appropriate method and number of funds you wish to transfer. It may seem misleading at some point, however, FXPrimus has the reputation of a safe broker therefore the choice is always yours whether to take a trading risk or not. No, FXPrimus is not a scam, it is an authorized broker that also provides Professional Indemnity insurance up to 2.5m EUR for low-risk Forex and CFDs trading.
Bank wire transfers are one of the available methods, with processing times taking 2-5 working days. The minimum withdrawal amount for this method is 100 USD, and FXPrimus accepts various currencies, such as USD, EUR, SGD, GBP, PLN, HUF, ZAR, and BRL. FXPrimus covers the fees on their side, but clients should be aware that their banks may charge additional fees for both deposits and withdrawals.
With these tools, customers can easily build up their knowledge base and become successful forex traders. Experienced traders seeking advanced features will appreciate our cTrader platform. With lightning-fast execution speeds and advanced charting capabilities, cTrader grants access to an extensive range of markets, surpassing what MT4 offers. In recent years, Forex trading has surged in popularity, enticing investors with the allure of substantial returns. However, with a multitude of online brokers vying for your attention, selecting the perfect match can pose a challenge. FXPrimus 2023 stands as a frontrunner in the industry, presenting traders with an expansive array of services at competitive rates.