FX Primus Review Pros, Cons and Ratings

The most prominent are PAMM accounts, VPS, and a trading tools suite. For the best trading experience, use the fastest speeds and the FIX protocol. This special solution provides direct market access to the clients who prefer to use the FIX Protocol for the most personalised trading experiences. FX Primus offers a simple WebTrader platform for traders who wish to trade from their desktop or mobile device without downloading anything. The WebTrader is ideal for beginner traders who wish to practise trading before opening a Live account.

FXPrimus offers traders demo accounts and does not list a time limit on its website. Demo accounts are ideal for testing new trading strategies and bug-fixing algorithmic trading solutions. Traders can swiftly create them in MT4/MT5, but I recommend a demo account balance similar to their planned live deposit. I also want to caution beginner traders against using a demo account as an educational tool. It creates unrealistic trading expectations, and the absence of trading psychology negates the educational value. Enjoy competitive spreads, advanced tools, and platforms designed for all traders.

Customer Support

I always recommend that traders check them before evaluating the total trading costs. Trade confidently with a broker committed to client protection and technology-driven solutions designed to enhance your trading experience. Access equities on an intuitive platform designed for efficient stock trading. Explore Forex, Commodities, and Indices with tight spreads, ensuring strategic flexibility for experienced traders. With oversight from respected regulatory bodies, FXPrimus delivers a trading environment that prioritizes fairness, accountability, and client security. Negative Balance Protection across all accounts ensures your risk is controlled, preventing any losses beyond your initial balance.

What would you improve about FXPRIMUS Primus Markets INTL Ltd?

• FXPrimus presents clients with two regulated entities and maintains an overall secure trading environment.
• The former has eleven video tutorials, which guide beginner traders through the account opening, verification, and funding, installing the MT4 trading platform and registering as a partner.
• Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering.
• DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence.
• If you find your country is not accepted, please feel free to browse our broker reviews for another option.

MetaTrader 4’s distributed design, robust security system, and mobile trading accessibility are just a few of the key skills that give it a competitive edge. The commission-free pricing environment begins with an expensive 1.5 pips or $15.00 per round lot and is the only one that offers MT4 and cTrader. I rank trading costs among the most defining aspects when evaluating an exchange, as they directly impact profitability.

Create Your Account

Regrettably, phone support is unavailable, and a direct line to the finance department where is missing. FXPrimus explains its products and services well, but an FAQ section is unavailable. This could result in beginner traders engaging with customer support more than usual.

We have over 20 years of experience when it comes to trading online so we know what to look for. There is a short online form to complete and you will need to verify your email. You will 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.

However, fundings and withdrawals suffer from slight delay sometimes. Order get filled the same was regardless a $100 account or $100k account. This is a highly recommended broker.We do hope you to offer PAMM service or P/L allocation with your MAM facility. Currently, it is limited to 0.01 ($0.10 per pip), causing some of our managed EA not able to run on FXPRIMUS with fundings lesser than usd$3k.5 STAR HONEST BROKER. FXPRIMUS can provide direct market access (DMA) using an exclusive FIX Protocol for those who want a more customised experience with faster execution speeds. It is worth noting that access to the Platinum API does require minimum deposit of $50,000 although margin requirements on some instruments are as low as 1% through the API.

FX Primus provides over 130 financial instruments; these trading instruments are from various asset classes such as forex, stocks, indices, commodities, and cryptocurrencies. Bank wires are available in USD, EUR, SGD, GBP, PLN, HUF, ZAR, and BRL. Credit/debit cards and e-wallets support USD, EUR, SGD, GBP, PLN, and HUF. Only verified trading accounts may request withdrawals, and FXPrimus processes withdrawal requests Monday through Friday between 0700 and 2100 (GMT+2). FXPrimus notes that it covers all deposit and withdrawal fees, but third-party costs may apply, dependent on the payment processor. While the minimum deposit is as low as $15, the minimum withdrawal for all payment processors is $100.

Is FXPrimus a regulated broker?

• FX Primus offers a simple WebTrader platform for traders who wish to trade from their desktop or mobile device without downloading anything.
• Our regulatory standards and compliance ensure that trading with FXPrimus is always dependable and secure.
• The support is very good with very rapid response times, and there is a variety of account options and deposit methods to choose from for your convenience.
• 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.
• It is worth noting that access to the Platinum API does require minimum deposit of $50,000 although margin requirements on some instruments are as low as 1% through the API.

My trading experice has been great because all withdrawals have been processed without any problem. No, FXPrimus Swap-Free accounts offer the same spreads, leverage, and execution speeds as standard accounts. The broker has a skilled and experienced global customer service team who are on hand to offer you support 24/5 via online chat, telephone or email.

Forex Trading with Tight and Stable Spreads

We adhere to rigorous regulatory frameworks to ensure a secure and transparent trading environment. Primus Markets INTL LTD is authorized and regulated by the Vanuatu Financial Services Commission (VFSC), maintaining compliance with stringent international standards. Our commitment to creating a world-class trading experience extends to every detail. FXPrimus offers instant withdrawals, cutting-edge platforms like MT4 and MT5, and unparalleled safety measures.

Every FXPrimus trading account comes with Negative Balance Protection, ensuring that you’ll never lose more than your initial investment with capped losses even in volatile markets. Trusted by over 5,000,000 traders, FXPrimus offers a secure and award-winning platform to trade Forex, Metals, Indices, and much more. You can trade Forex on MetaTrader 4, MetaTrader 5, and WebTrader, all of which provide advanced charting tools and seamless execution.

FXPrimus features four account types, including one Cent account, only available with the MT4 trading platform. Cent and Classic are more expensive commission-free accounts, while Pro and Zero are commission-based, where the latter ranks among primus fx the cheapest ones and the account type I highly recommend at FXPrimus. Holding over 16 years of experience in global financial markets, and 4 B.A. Level academic qualifications in relevant degrees, we conduct thorough, unbiased evaluations of brokers to enable traders make informed decisions, using… Known for its user-friendly interface, advanced charting tools, and automated trading capabilities, MT4 supports trading in Forex, Futures, Indices, and more. Available on desktop, mobile, and web, MT4 is your all-in-one solution for efficient trading.

While it creates a services gap with many competitors, FXPrimus maintains a competitive environment suited for advanced high-frequency traders who do not require research. PrimusClassic has no commissions, while PrimusPro, PrimusZERO and PrimusPAMM accounts have small commission fees in exchange for lower spreads. If you would like to practice your trading skills and try out the FXPRIMUS service and platforms, they do provide a demo trading account. I would always suggest starting on a demo account to see if a broker can meet your needs.

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. You are given all of the necessary tools and resources that can help you to make informed trading decisions. They believe that providing you with the best possible academic, technical and practical support can help to give you sustainable success whatever your level of expertise. I certainly think that they go above and beyond to ensure this is possible. FXPrimus does not offer research and functions as an execution-only broker. Given the wealth of free and paid-for research available online, I do not consider its absence a negative.

The trading calculators include a pip calculator, Fibonacci calculator, currency calculator and pivot calculator. I think these will be useful if you need to perform quick calculations when preparing your trades. The mini terminal improves trading efficiency by allowing you to trade with one click, adjust lot size, set stop losses, take profits or trailing stops and more. FXPRIMUS is a member of the Investor Compensation Fund (ICF), thus eligible client’s funds are protected. In addition to this, they also have professional indemnity insurance via the Howden Group. Just keep in mind that this does not apply to all clients and protections can vary depending on the broker entity that you open an account with.