FX Primus DETAILED REVIEW

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    FX Primus Review

    If you’re interested in forex and trading, then you might already be familiar with the FX Primus broker. In the recent years, it has become the most popular forex broker for traders in Brazil and Latin America. This review will tell you if FX Primus is safe to use.

     

     

    Tickmill team

    The official website of the Forex Broker FX Primus

    ➔ Open your free trading account with FX Primus now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Introduction to FXPRIMUS

    FXPRIMUS is a Cyprus-based trading broker that has been in operation since 2009. It provides users with access to multiple services and markets, including gold trading.

    The website is easy and reliable to use, with a demo account worth $50,000 to give users a real-time experience with the platform. Withdrawals and deposits are swift and secure.

    FXPRIMUS keeps its customers up to date on all promotions by providing access to different types of markets and services. The company operates in different countries around the world.

     

    Facts about FXPRIMUS:

    1. FXPRIMUS is an online trading platform offering forex trading services and products to private investors, traders and institutions.

    2. The company was established in 2013 and is headquartered in Limassol, Cyprus.

    3. It offers a wide range of financial instruments including currencies, stocks, indices, commodities and precious metals.

    4. FXPRIMUS has been awarded Best Forex Broker by BestForexBrokers.com in 2016, 2017 and 2018

     

    ➔ Open your free trading account with FX Primus now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Is FXPRIMUS regulated? – Regulation and safety of customer funds

    FXPRIMUS is a broker exchange that provides a secure environment for its users to trade and learn about trading. FXPRIMUS is regulated under the following regulators:

    • Primus Markets INTL Limited is regulated by the VFSC, with registration number 14595.
    • Primus Africa (Pty) Ltd, regulated by FSCA, with license no. 46675.
    • Primus Global Ltd, regulated by CySEC, with license no. 261/14.

    FX Primus BROKER has a number of safety measures in place to protect users and ensure their funds are safe. Negative balance protection ensures that if a user loses more than they have, their remaining funds will be protected. The company keeps client funds in segregated accounts, so there is no risk of them being mixed with other users’ money. Along with this, FX Primus BROKER provides an audit of client funds and a third-party monitoring system to ensure the withdrawal swiftly.

     

     

    Official website of BDSwiss
    FXPRIMUS safety of customer funds

     

    FXPRIMUS is a high security and safe broker. It has all the necessary licenses and certifications, including the MIFID II authorization, which means that clients are protected by the Investor Compensation Fund (IFC) up to € 20,000. The Professional Indemnity Insurance of up to 5 million euros further ensures the safety of customers’ funds. In addition to these measures, FXPRIMUS only works with regulated payment providers and manages funds in European banks.

    ➔ Open your free trading account with FX Primus now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Trading conditions and offers from FXPRIMUS

    The FXPRIMUS community is doing its best to provide easy and quality services. However, these services come with certain restrictions that users have to follow. However, these restrictions also provide ease and security to the users of this platform. Following are the offers, spreads, and conditions are offered by FXPRIMUS.

    Offers

    FXPRIMUS offers various types of accounts based on the purpose of trading and amount invested by traders. The different types of accounts offered by FXPRIMUS include:

    1. Basic Account – For those who want to start trading with minimum investment and minimum risk.

    2. Standard Account – For those who want an intermediate level of investment and risk management.

    3. Premium Account – For those who are willing to invest more than $1 million in their trading account with advanced features available for managing their trades better than any other type of account offered by FXPRIMUS.

    Spreads

    The spreads offered by FXPRIMUS start at 0.0 pips for EUR/GBP and end at 0.0 pips for NZD/USD. The spreads are determined by the market conditions of the product being traded by the user on his or her account. For example, if a user has opened an account with USD 30000 and wants to trade in EUR/GBP currency pair then he or she will be charged 0 pips spread as per the present market conditions of that currency pair.

     

     

    See the table below for the average spreads: 

     

    ASSET:
    ECN :
    VARIABLE SPREADS:
    EUR/USD
    0.5 pips
    1.7 pips
    GBP/USD
    1.1 pips
    2.4 pips
    USD/JPY
    0.7 pips
    2.1 pips
    XAU/USD (Gold)
    0.21
    0.37
    XAG/USD (Silver)
    0.04
    0.03

    Conditions

    • A free demo account is possible
    • The minimum deposit is $500 (Standard account)
    • The minimum deposit is $2500 (Premium account)
    • The minimum deposit is $10,000 (VIP account)
    • Sims and VIPs alerts will be paused if there is no trading for 30 days
    • FXPRIMUS VPS Service can be gained  by users having a minimum account balance of $500
    • Monthly fee of $30 for the resubscription of VPS service

    ➔ Open your free trading account with FX Primus now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Review of the FXPRIMUS trading platforms

    FXPRIMUS is a unique trading broker, which provides a simple and easy to use web-platform for the users. They can deposit money into their account and start trading with the help of different features provided by them.

     

     

    Official website of BDSwiss

    FXPRIMUS MetaTrader 4 platform

    MetaTrader 4 platform

    MT4 is a trading platform that offers users the ability to trade on the world’s most popular markets. It’s easy to use, reliable, and supports automated trading solutions.

    After creating an account and depositing funds into it, users can access the MT4 web platform. It is simple and reliable—and it provides users with everything they need for successful trading. On the left-hand side of the platform, there are different currency pairs that one can search. There are multiple trading pairs, forex, indices, and other commodities one can search as per their interest.

    There is a big chart view in the middle of this screen; there are multiple options on this screen that let you change things around as per your preference. For instance, you can select the timings of candlesticks and use other trading indicators to have a good sense of technical analysis. You can also select day or night vision with ease (this feature is available only after signing up for a free demo).

    The MT4 trading platform can be downloaded from our website for Windows 7 or higher operating systems.

     

    Features of the MetaTrader 4:
    • Available for any device
    • Supports automated trading
    • One-click trading
    • Free indicators
    • A lot of technical drawing tools
    • Multi-charting
    • Professional portfolio management
    • Add additional tools

    ➔ Open your free trading account with FX Primus now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Charting and analysis

    FXPRIMUS trading platform is a unique and revolutionary approach to the trading world. It is a platform, which focuses on educating its users through the variety of tools offered by its platform. The technical analysis is done through charting by the use of various indicators and techniques. Thus, it provides a great sense of charting and analysis to its users. It also offers the mini terminal feature, which allows users to trade from their mobile phones as well.

    Mini terminal

    The FX Primus BROKER is one of the most versatile trading platforms that you can find. It helps the users to manage several trades, put a stop loss, and take profit from the good trades made by the users. Hence, it provides great ease to the users of its platform.

    Mobile trading

    Mobile trading is the need of the hour due to increased globalization. The users can access the MT4 mobile trading platform to access their accounts on mobile to start their trading whenever they are away from their laptops. Thus, mobile trading plays a vital role in facilitating the users of FXPRIMUS.

    It is very easy to trade on the go with FXPRIMUS. The traders just have to download the MT4 app on their smartphones and tablets and they can start trading right away. They can access all their accounts and start trading in just a few clicks!

    How to learn to trade and invest with FXPRIMUS:

    FXPRIMUS has a very ambitious plan to help users familiar with trading. They are providing educational videos, seminars, and weekly outlooks to make trading easy for the users.

    Also, they have come up with an easy plan to help in making users familiar with trading and education. The broker assists users in the following ways in making trading easy for users:

    • Educational videos: The videos are designed by experts in the industry and are available on YouTube channel of FXPRIMUS website. The videos cover different topics related to forex trading such as technical analysis, fundamental analysis, risk management etc.

    • Seminars: Seminars are conducted by experts from time to time at different locations across the globe for people who want to learn more about forex trading. Seminars are one of the best ways to learn from real-time traders who have experience in this field for years now.

    • FXPRIMUS blogs: Blog section is filled with articles written by members of their team which are updated often so that users can read them whenever they want or need it most. Blogs cover different topics related to forex trading such as technical analysis, fundamental analysis, risk management etc.

     

    Educational videos

    FXPRIMUS provides educational videos to users in order to help them become professional traders. These videos are accessible from the following link:

    https://www.FXPRIMUS.com/ind/education/educational-videos/

    ➔ Open your free trading account with FX Primus now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Blogs

    To understand the momentum of the market, FXPRIMUS issues blog posts about major events and major performers of the trading markets. The blog posts also include expert’s predictions for future market performance.

    Seminars

    FXPRIMUS is planning to conduct seminars on various developments and seek future market potential with the help of technical and fundamental analysis experts. Seminars can be accessed at the following link: [link].

    We are also planning to conduct workshops on trading strategies and investment opportunities with an aim to understand how you can manage your portfolio. The workshops will be held at our office. These events are open to all our clients and interested parties.

    https://www.fxprimus.com/eu/education/seminars/

    Expert guests

    FXPRIMUS is a well-known broker with a rich history of excellence in the financial industry. The company has been providing traders with the best possible trading conditions for many years, and it is one of the most popular brokers among its users.

    In order to facilitate the users, FXPRIMUS invites famous and expert guests to give lectures on trading and to give their predictions about the technology behind different coins and their future use in the modern era. Expert’s bits of advice can be accessed at the following link:

    https://www.fxprimus.com/eu/education/expert-guests/

    How to open your account with FXPRIMUS:

    Opening an account is a confusing and complicated step for new traders. However, FXPRIMUS has made this step easy as a piece of cake.

    Users need to have a valid email address and provide proper details about themselves in compliance with the regulators of the FXPRIMUS. After entering the details, users have to click on the verification link. After this step, users have to upload their documents for further verifications. Then, users can start trading by investing amounts into their accounts and can start doing trading.

     

     

    Register your free account with FXPRIMUS

    Register your free account with FXPRIMUS

    ➔ Open your free trading account with FX Primus now

    (Risk warning: 75.59% of retail CFD accounts lose)

     

    FXPRIMUS offers registration of three types:
    • Traders
    • Affiliates
    • Introducing broker

    The account-making process is the same for all the types, but there is a slight difference in the affiliate’s type, as users have to enter the link of the affiliate while making the account.

     

    FXPRIMUS gives three types of accounts for its users:
    • Standard account
    • Premium account
    • VIP account

     

     

    FXPRIMUS account types

    Standard account

    If you’re just starting out with forex trading, the Standard account is the perfect place to start.

    With a minimum deposit of just $500, you can get started right away and begin making trades on the market.

    In addition to the daily market outlook, our Standard account offers one-to-one consultations with our certified traders, as well as 100% trading bounce and zero commission.

    Premium account

    FXPRIMUS is a forex broker that offers two types of accounts: standard and premium. The premium account, which is the second type, has better features than the standard account.

    The FXPRIMUS Premium Account offers daily market updates, one-on-one consultation, 100% trading bounce, 60 minute MT4 & Trading Tool Training, Live Market Update Telephone Cell, and Zero commission fee. The minimum deposit for this account type is $2500.

    VIP account

    FX Primus VIP Account

    The VIP account is the best account among all three account types. It has all the features offered by the platform, with the exception of a few.

    The minimum deposit for this account type is $10000. You can also enjoy one to one consultation, 100% trading bounce, 60 minute MT4 & Trading Tool Training, Live Market Update Telephone Calls and 30 Minute consultation with Market Specialist. You get personal access to a market specialist 24/7 and VIP trading signals too.

    VIP accounts do not have any commission fee and that’s why you can trade without worrying about expenses or charges.

     

    Benefits of trading with FXPRIMUS:
    • Trade anywhere and anytime
    • Access to educational videos
    • Free eBook and trading content
    • Live support

    ➔ Open your free trading account with FX Primus now

    (Risk warning: 75.59% of retail CFD accounts lose)

    A free demo account is also offered

    FXPRIMUS has its own demo account facility to offer to new traders who are starting their career in the trading world. The demo account gives them a realistic experience of the real trading environment and helps them understand how to make money from the market.

    It is no more a blessing for new traders as they get real-time experience to do the live trading. FXPRIMUS also offers a demo trading account to its users by following the same steps we have mentioned above. It provides $ 50,000 to users for trading to get experience trading in a much better way.

    The negative balance of protection

    The negative balance of protection is a feature that acts as a safety net for new traders. It protects traders from going into debt beyond their investment capital by selling their assets to raise the funds needed to pay off their losses. This feature is available for all types of accounts.

    Deposit methods at FXPRIMUS

    The deposit method is one of the important methods in the trader’s journey. As they are going to invest their money hoping to get good results for their efforts. There are different methods of deposits offered by FXPRIMUS. All deposits are credited into the accounts during working hours: Monday to Friday, 7:00 – 21:00 GMT+2.

    There are two main types of deposits:

    1- Credit card

    2- Bank wire transfer

    Note: FXPRIMUS do not apply any deposit fees

     

    Following are the payments methods offered by FXPRIMUS:
    • Visa
    • Union pay
    • Ecopayz
    • MasterCard
    • Bitcoin
    • Skrill
    • Neteller
    • Fasapay

     

     

    FXPRIMUS payment methods

    ➔ Open your free trading account with FX Primus now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Minimum deposits for the different account types

    • The standard account minimum deposit is $500
    • Premium account minimum deposit is $2500
    • VIP account minimum deposit is $10000

    Withdrawal process of FXPRIMUS

    The withdrawal method of FXPRIMUS is not a herculean task.

    The deposit method of the FXPRIMUS is not a herculean task. It is the most awaited part of traders’ journey, as they are going to get their money through trading and they take great care about the withdrawal process of different brokers while investing money. The deposit method of the FXPRIMUS is not a herculean task.

     

    Payout method is available in the following currencies
    • USD
    • EUR
    • SGD
    • GBP
    • PLN
    • HUF
    • The minimum withdrawal amount is $100
    • The payout methods are the same as the deposits.
    • Withdrawal is processed within 2-5 working days
    • No fees are charged

    Note: For all accounts types; FXPRIMUS will only process withdrawals back to the source of the original deposit

    ➔ Open your free trading account with FX Primus now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Customer support and services

    FXPRIMUS provides a vibrant customer support team to assist you with any issues you may have, whether they are related to trading or not. Our support team is available 24/7 and will do everything they can to resolve your issue as quickly as possible. Below, you’ll find the different ways that our support team can be reached:

    Telegram Bot

    We have a Telegram bot that answers questions instantly and resolves issues of any kind. You can contact it at https://telegram.me/fxtradingbot.

    Whatsapp +357-94091194

    If there’s an emergency, we’re here for you! You can also reach us via WhatsApp at +357-94091194.

    Zalo Channel: me/597160341116660481

    If you don’t have Telegram or WhatsApp installed, no problem! You can still reach us through the Zalo channel at me/597160341116660481. Just make sure to search for “FXPRIMUS” so that our chatbot picks up on your message and replies back with an answer shortly thereafter (usually within minutes).

    .

    Overall services

    FXPRIMUS provides immense services to the users, to make their dream of becoming pro-traders as soon as possible. FXPRIMUS is determined to make trading easy for the people. Following are the services provided by FXPRIMUS to its users.

     

    • Secure funds of users
    • 120+ trading pairs
    • Platinum API
    • Economic calendar
    • Meta-trader
    • Trading tools suite
    • VPS
    • Calculator
    • Zero commission fee
    • Educational videos
    • Demo account
    • 24/5 customer support

    Tools offered by FXPRIMUS

    VPS

    FX Primus Broker is an online trading platform that allows you to connect to the MetaTrader4. It helps you make great trades due to the ease provided by the FXPRIMUS.

    Calculator

    FXPRIMUS offers a tool that allows you to calculate the different levels that help in the technical analysis of coins. The calculator includes a PIP calculator, Fibonacci calculator and currency converter so that you can easily calculate the values of your trades.

    ➔ Open your free trading account with FX Primus now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Social Media Accounts

    FXPRIMUS has great active Social media accounts that put updates about the latest developments. Following are the links to the social media accounts

    Accepted Countries and restricted countries

    Accepted countries:

    FXPRIMUS is operating at a very vast level. Following is the list of the accepted countries for FXPRIMUS

    • Thailand
    • Hong Kong
    • India
    • Germany
    • Norway
    • Sweden
    • Italy
    • Denmark
    • Kuwait
    • Luxembourg
    • Qatar
    • United Kingdom
    • United Arab Emirates
    • Saudi Arabia
    • South Africa
    • And many more

    Restricted Countries

    Following is the list of the restricted countries:

    • Australia
    • Japan
    • The United States.
    • Canada
    • Korea
    • Belgium
    • Iran
    • France
    • Singapore

    Promotions and offers

    • The first prize is the Honda CBR500R
    • 2nd Prize is $6,000 Cash Prize
    • 3rd Prize is Pamp Suisse of lady fortune 50g gold 999.9
    • 4th Prize is 75” q60t Qled 4k smart TV(2020)
    • 5th Prize is Alienware m15 gaming laptop
    • 6th Prize is a $2,500 cash prize
    • 7th Prize is Galaxy Z Fold2 5G
    • 8th Prize is iPhone 12 Pro Max
    • 9th Prize is Microsoft Surface Pro x
    • 10th Prize is Galaxy Note20
    • 11th Prize is Ipad Air 4th Generation
    • 12th prize is Apple Watch Nike Series 6
    • 13th prize is Lenovo Idea Centre A340
    • 14th prize is the $500 Cash Prize
    • 15th prize is DJI Pocket 2
    • 16th prize is a $300 Credit Bonus
    • 17th – 18th prize is $250 Credit Bonus
    • 19th – 21st  prize is $200 Credit Bonus
    • 22nd – 24th  prize is $150 Credit Bonus
    • 25th – 27th Prize is $ 100 Credit Bonus
    • 28th – 30th prize is $ 50 Credit Bonus

     

    NOTE: Conditions to participate

    • Trade a minimum of 5 standard lots plus receive 1 ticket
    • Every standard lot traded has 1 bounce ticket
    • 10 standard lots traded and 6 lucky draw tickets
    • The deposit amount is a minimum of $500

    ➔ Open your free trading account with FX Primus now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Bonuses on deposit (deposit bonus)

    FXPRIMUS offers a variety of bonuses on different deposit amounts. Hundred percent bounces are offered for clients:

     

    DEPOSIT:
    $ 500
    $ 500
    $ 1000
    $ 1000
    $ 2500
    $ 2500
    $ 5000
    $ 5000
    $ 10000
    $ 10000

     

    Also, a trading bounce is offered. That means you will get free credit:

     

     

    DEPOSIT:
    CALCULATION:
    YOUR CREDIT:
    $ 500
    30%*$ 500
    $ 150
    $ 1000
    30%*$ 1000
    $ 300
    $ 5000
    30%*$ 5000
    $ 1500
    $ 10000
    Bounce capped at $ 1500
    $ 1500
    $ 50000
    30%*$ Bounce capped at $ 1500
    $ 1500

    ➔ Open your free trading account with FX Primus now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Is FXPRIMUS a scam or not? – Our conclusion to the review

    FXPRIMUS is a unique trading platform that offers a variety of services to users. It provides access to different types of markets. It is a professional platform that has different types of accounts with different features. Along with a demo account, the FXPRIMUS platform has a very competent team behind the project. It offers different tools and assistance to help traders. FXPRIMUS has a very vibrant support team to assist the users. Thus, FXPRIMUS is a great platform that is easy, secure, and diverse platform trading. We do not give this broker a full star rating because only the MetaTrader 4 is offered and the spreads are a little bit higher than with popular competitors.

     

    Advantages of FXPRIMUS: 
    • Multi-regulated company
    • High security of customer funds
    • 5 million Euro insurance
    • Negative balance protection
    • More than 130 markets
    • Spreads from 0.5 pips
    • ECN trading accounts
    • Free deposit bonuses
    • Professional education and fast support
    • No fees for deposits and withdrawals

     

     

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    # No hidden fees
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    (5 / 5)
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    # No hidden fees
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    (5 / 5)
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    (5 / 5)
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    # Best platform for beginners
    # No hidden fees
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    (5 / 5)
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    wdt_ID # Broker Website Forex Broker Year Regulation
    1 1 Open an Account FBS 2.009 IFSC, CySEC, ASIC, FSCA
    2 2 Open an Account EXNESS 2.008 CySEC, FCA
    3 3 Open an Account OCTA FX 2.008 SVG
    4 4 Open an Account INSTA FOREX 2.007 VI FSC, CySec
    5 5 Open an Account FX OPEN 2.008 CySEC, FCA
    6 6 Open an Account AXI 2.008 CySEC, FCA
    7 7 Open an Account FX PRIMUS 2.008 CySEC, FCA
    8 8 Open an Account HFM 2.010 CySEC, FSC, FSB, FCA, BaFin, DFSA
    9 9 Open an Account FXTM 2.011 CySEC, FCA, IFSC
    10 10 Open an Account JUST FOREX 2.012 IFSC
    11 11 Open an Account CAPITAL.COM 2.016 FCA, FSA, ASIC, and CySec
    12 12 Open an Account TASTY WORKS 2.017 CySEC, FCA
    13 13 Open an Account MOOMOO 2.018 FINRA & SEC, SFC, MAS, ASIC
    14 14 Open an Account AVATRADE 2.006 MiFiD, CBI, FSA, ASIC, SFB, BVI, ADGM, FSRA, CySEC
    15 15 Open an Account EASY MARKETS 2.001 CySEC, MiFID, ASIC
    16 16 Open an Account EIGHT CAP 2.009 ASIC, VFSC
    17 17 Open an Account FP MARKETS 2.007 CySEC, ASIC, FSA
    18 18 Open an Account HYCM 1.977 CySEC, FCA, MiFID, DFSA, SFC
    19 19 Open an Account ICMARKETS 2.007 CySEC, ASIC, FSA
    20 20 Open an Account IRON FX 2.010 FCA, ASIC, FSCA, CySEC
    21 21 Open an Account LITE FINANCE 2.007 CySEC
    22 22 Open an Account REVOLUT 2.015 CySEC
    23 23 Open an Account IG 1.974 ASIC, JFSA, MAS, FINMA, FCA, FMA, CFTC
    24 24 Open an Account MONETA MARKETS 2.009 ASIC, FCA
    25 25 Open an Account AMARKETS 2.007 The Financial Commission
    26 26 Open an Account PEPPERSTONE 2.010 CYSEC, BAFIN, CMA, SCB, DFSA, ASIC, FCA
    27 27 Open an Account PLUS 500 2.008 CySEC, ASIC, FMA, FSCA
    28 28 Open an Account TICKMILL 2.014 FCA UK, CySEC, FSA Seychelles
    29 29 Open an Account TMGM 2.013 ASIC, FMA
    30 30 Open an Account TOP FX 2.010 FCA
    31 31 Open an Account TRADE NATION 2.014 FCA
    32 32 Open an Account TRADE 360 2.013 CySEC
    33 33 Open an Account VANTAGE 2.009 CIMA, SIBL
    34 34 Open an Account VT MARKETS 2.015 ASIC, CIMA
    35 35 Open an Account XM 2.009 ASIC, CySEC, IFSC
    # Broker Website Forex Broker Year Regulation