FXPRIMUS Review 2024 Regulated broker focused on education

primus fx

We do not provide financial advice, offer or make solicitation of any investments. 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. This includes pros, cons and an overall rating based on our findings. primus fx We aim to help you find the best broker according to your own needs. 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.

FXPRIMUS cTrader

The connect tool gives clients access to the brokers news feed within the MT4 platform to keep you up to date with the latest promotions the company is running. 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. 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, https://forexarena.net/ PLN, and HUF.

The Trustpilot Experience

FX Primus prides itself on being the self-proclaimed “safest place to trade.” FX Primus spreads start from as low as 0.1 pips with 0% fees on traders’ deposits and withdrawals. They use third-party monitoring for the safety of client fund by partnering with Boudica Client Trust who monitor client withdrawals. This helps to ensure that client withdrawal requests are executed as quickly and efficiently as possible. My current account manager Mr. Sharif Kazi is very supportive & helpful.

Wonderful service

I am impressed with the great range of trading product and features they offer within a regulated environment. I like the trading environment at FXPrimus for high-frequency traders in the Primus Zero account, which offers highly competitive trading conditions. The asset selection is small but suits traders who require few but liquid assets, while FXPrimus provides MT4, MT5, and cTrader. Only MT4 is available for the Primus Zero account, where this broker ranks among the leading providers amid high leverage and low costs. FXPrimus is an execution-only broker focused on the core trading environment. It does not offer value-added services but caters to its core market well, making it a good broker for scalpers.

Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold The Forex Geek and any authorized distributors of this information harmless in any and all ways. Clients of FX Primus can have master PAMM accounts who are professional traders and want people to follow their strategies with a good track record.

  1. This account also comes with the same additional benefits as the standard account with access to some extras such as trading signals for qualifying clients.
  2. All three may provide services to Primus Global and Primus Markets INTL, the Vanuatu subsidiary.
  3. They have very competitive trading conditions including spreads from 0.0 pips, low fees and quick execution.
  4. VIP account holders benefit from direct access to the in-house market analyst 24/5 with a free 30-minute consultation and a dedicated account manager who can provide a 60-minute MT4 training session.

App support

FXPRIMUS host global seminars and webinars to try and help educate traders of all experience levels. Registration and attendance are free and anyone who is interested in learning more about trading is welcome to attend. Not many brokers provide this so it is something that helps to differentiate them from other brokers. FXPRIMUS have a decent range of trading calculators that can help risk management when preparing for a trade. 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.

primus fx

I certainly think that they go above and beyond to ensure this is possible. I rank trading costs among the most defining aspects when evaluating an exchange, as they directly impact profitability. FXPrimus offers traders commission-free Forex trading with either spreads or a highly competitive commission-based alternative. MT4 is noted for its user-friendly design, extensive charting features, technical analysis tools, and automated trading capabilities.

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. Overall, FX Primus is an established forex broker offering the MT4 trading platform and other useful online trading services. 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.

Don’t worry if it seems too overwhelming initially as there are some handy user guides and tutorial videos included to get you up to speed with each trading tool. FXPrimus offers the core MT4, MT5, and cTrader trading platforms but does not provide any MT4/MT5 plugins necessary to upgrade the out-of-the-box versions to cutting-edge trading platforms. All three fully support algorithmic trading and have embedded copy trading services. Traders may use a desktop client, a lightweight, web-based alternative, and a mobile app. FXPrimus maintains the necessary infrastructure enabling all strategies, especially if traders have proprietary tools.

People around the world use FXPRIMUS’s economic calendar to keep track of what is going on in the market. It lets you keep up with the news without having to visit a lot of different websites and sources. Trading precious metals can be a means of diversifying a trading portfolio. The precious metals offered include the ever-popular gold and silver. FXPrimus caters to many international traders except residents of Australia, Belgium, France, Iran, Japan, North Korea, and the USA.

Forex, Equities, Indices, Commodities, Energies, and Cryptocurrencies are all traded on MT5. This free trading platform offers a wide range of Order Options, Technical Indicators, Timeframes, Graphical Objects, and other features not found on MT4. On the market today, the most innovative and complex trading platforms are MetaTrader 4.

FXPrimus provides 24/5 customer support, ensuring traders have access when financial markets are open. Traders may e-mail, use a web form, or messenger apps Messenger, WhatsApp, WeChat, Zalo, Line, and Telegram. The most prominent are PAMM accounts, VPS, and a trading tools suite. 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. Although, keep in mind that demo and real-live trading account conditions can vary due to the artificial liquidity of demo accounts which can lead to differing slippage and spreads.

The MetaTrader 4 platform offers USD, EUR, GBP, SGD, and PLN as account currencies. 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. FXPRIMUS offer a huge range of funding and withdrawal methods including online payment processors such as Skrill and Neteller for fast and convenient transfers. I would say they have perhaps the most impressive selection that I have seen from any broker.