FX Primus Review: Pros, Cons, And How It Stacks Up | 2023 Update
This FX Primus review has been updated for 2023 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about FX Primus to give you the most comprehensive guide available.
FX Primus is a leading broker that was founded in 2009. They have around 358 employees that help the company provide , to 10,000+ clients through MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps.
FX Primus Guide – Read our In-Depth FX Primus Review
FX Primus Rating: 5.81 / 10
This FX Primus review page contains information about investing with FX Primus. It is intended for educational purposes only and should never be considered financial advice. comparebrokers.org is not a brokerage or advisory service. We do not recommend or advise that investors buy or sell securities or stocks.
All of the information about the brokers you see reviewed on comparebrokers.org come from our partners, some of whom we have an affiliate relationship with. These partners do not control the content on the page beyond providing us with datapoints to ensure that (as far as possible) the information in our database is accurate. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users. Our proprietary rating algorithm takes all of the datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones for their needs.
Please note that due to regulations, the content in this review of FX Primus does not apply to users in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
This FX Primus review contains the most recent info about FX Primus.
If you're new to the world of online trading and brokers, so many nuances will no doubt be perplexing for you. Getting into the area of online trading requires expert assessing skills and thorough knowledge. You will acquire proficient at all of the concepts of trading online and brokers while you continue trading. For starters, you have to select the right agent who'll always be clear with you.
Within this fast-paced world of financial markets and trading, you'll need advice to make proper decisions. A professionally lead investment plan could aid you in minimising any losses and maximising any profits. FX Primus is one such platform that will assist you. It's crucial that you learn all you can about any broker before you trust them with your cash.
When engaging in online trading with platforms such as FX Primus, it's crucial to carefully assess FX Primus as your broker, as this choice can significantly impact your success. Selecting the right broker is vital for your FX Primus investments to prosper. However, be cautious of fraudulent and untrustworthy brokers hiding in the shadows, ready to exploit naive traders.
It's essential to be vigilant and comprehensive in your FX Primus broker selection to protect your hard-earned money. Performing your due diligence and researching the trustworthiness of FX Primus, its track record, and reputation is vital. Moreover, ensure the FX Primus broker's offerings, trading tools, fees, and regulation align with your objectives.
Remember, FX Primus should be a trusted partner on your trading journey.
Our team has devoted their efforts to simplify the intricate world of trading with FX Primus into easily understandable information in this FX Primus review. Our goal is to equip you with the knowledge necessary to confidently use FX Primus trading tools, ranging from depositing and withdrawing funds to executing trades.
We recognize that well-informed decisions with FX Primus are the cornerstone of successful trading. As such, we've provided this comprehensive FX Primus review. So, make yourself comfortable, grab a cup of coffee, and immerse yourself in learning about FX Primus and how it can work to your advantage, or if FX Primus might not be the right fit for you.
FX Primus Review for 2023 – Brief Overview
| FX Primus Telephone: | +357 25 030072 |
| FX Primus Support Email: | support@fxprimus.com |
| FX Primus Address: |  Kolonakiou 25, Office 102, Zavos Kolonakiou Center, 4103 Limassol, Cyprus |
| Year Founded: | 2009 |
| Regulated By: | Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID) |
| Hedquarters: | Cyprus |
| Minimum Deposit: | $100 |
| Number Of Clients: | 10,000+ FX Primus users and traders |
| FX Primus LinkedIn: | https://www.linkedin.com/company/fxprimus/ |
| FX Primus Facebook: | https://www.facebook.com/FXPRIMUSbroker |
| FX Primus Facebook Likes: | 91,134 |
| FX Primus Twitter: | @FXPrimuxTH |
| FX Primus Twitter Followers: | 240 |
| FX Primus Instagram: | https://www.instagram.com/fxprimus/ |
| FX Primus Instagram Followers: | 8,050 |
| FX Primus Youtube: | https://www.youtube.com/c/FXPRIMUSTheSafestPlacetoTrade |
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Losses can exceed deposits |
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Our full FX Primus review for beginners covers everything you will need to learn about trading via FX Primus. A good broker can use your first investments and help to protect it from losses but also provide you a platform that can help to provide you favourable profits. If you want to earn profits, you must trade with a broker service that aligns with your investing objectives.
Of course, there's absolutely no sure-fire way to ensure profits; thus, you must carefully assess your broker before you select them. It's a frequent misconception that all brokers will be exactly the same, but that's not correct. Wrong judgment, initially, can put your investments at risk.
FX Primus is a trading partner that has found its way successfully to the brokerage world. In this review, we have attempted to collate a number of the important facets of FX Primus. This guide can help you to understand whether FX Primus is a great match for your own investments or not. We've attempted to breakdown all of the qualities and charges for your advantage.
Who are FX Primus?
FX Primus is a online trading broker headquartered in Cyprus and provides a variety of tools for trading. Since its start in 2009 they have emerged as a leading player in the industry of online trading. FX Primus has an extremely professional and full-featured trading website that's focused on forex, indices, metals, sharesand commodities.
Over the past 14 years, FX Primus has developed into one of the top online brokers available to the public.
After launching in 2009, their consumer base has increased to 10,000+ clients.
FX Primus is a favourite of many stock dealers . Our FX Primus account review found that they're a professional alternative for online trading options. They're best suited for investors who are looking for a variety of assets. Social and easy to use trading options are the heart at FX Primus.
Technology plays a significant role in FX Primus. They offers trading on MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps. FX Primus is fair, transparent, and also a well-regulated broker by the Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID). Their outstanding variety of tools will be beneficial for the majority of traders. Third-party partnerships also supply in-house research.
The educational department at FX Primus is very comprehensive for new dealers since it allows them to have a closer look in the financial markets. FX Primus caters to all types of traders and are a must-have broker for any well-diversified method of online trading.
FX Primus Review Videos
Benefits of using FX Primus in 2023
Trading with FX Primus comes with numerous benefits. These benefits are what sets FX Primus apart from the rest of the online agents. You need to check all of the benefits listed so that you have a better understanding of FX Primus.
The broker goes to great lengths to comprehend what dealers want. Consequently, the service, quick, and convenient. The agent also provides a variety of programs for all kinds of traders. FX Primus ensures that the individual needs of all traders are met to the best of their capabilities.
FX Primus also includes excellent trading conditions which are available to all and not only an elite group of institutional customers. The tight spreads and quick executions are a great benefit for all traders. The technology embraced by FX Primus is of the highest caliber, ensuring that it is fast, reliable, and efficient.
FX Primus acknowledges the importance of owning a quick order execution. A quick execution will allow users to trade without worrying about slippage safely. It is going to also aid the dealers to grab any opportunities.
Copy trading is another major aspect of FX Primus. A new trader can learn from business experts using the automated copy trading option. This allows you to monitor the best performing brokers and instantly mirror their trades and benefit from their expertise
To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, FX Primus offers social trading which encompasses leading traders sharing their knowledge with the community. FX Primus's social trading platform allows traders to share their expertise with others to build a community of investors and traders. What stocks they are monitoring, what to buy, what to sell. Intermediate traders can then absorb this expert knowledge and create their own trades. It is a more independent version of copy trading
FX Primus has over 100 trading instruments to support all kinds of traders. These tools are lively and suitable for both the new and experienced traders. All traders can set aside all their worries when trading with FX Primus.
FX Primus Overview
Year Founded: 2009
Regulated By: Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID)
Hedquarters: Cyprus
Minimum Deposit: $100
Number Of Clients: 10,000+
Losses can exceed deposits
If you feel that FX Primus is not right for you then at the bottom of this FX Primus review you will find a lot of alternatives to FX Primus.
What you ought to know about trading with FX Primus
FX Primus is a dynamic platform that provides various techniques of trading online. These instruments cover the monetary markets substantially. Most of the broker platforms offer fewer methods than FX Primus
If you would like to trade with FX Primus, you will require a minimum deposit of $100. This deposit is mandatory if you want to start trading with FX Primus. This 2023 FX Primus review will guide you clearly about trading with them.
FX Primus is as flexible as any other broker platform. FX Primus is excellent for traders who want a manageable range of cheap services. The programs supplied by FX Primus are third-party, white-label offerings. All traders may pick out of MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps
Along with everything, FX Primus has multiple benefits to new and verteran traders and should be investigated. There's no minimum time on which a transaction must be kept available. The agents provide premium customer service that rewards customers with benefits.
Many unprofessional brokers try to pressurise users into bigger funding for superior services. FX Primus, though, is much more focused on trading volume. Dealers can expect trading conditions to be just, honest and transparent. The more lots traded by the consumer, the greater advantages will come along.
FX Primus accounts are available around the world and provides quality service wherever they have clients. There are only a select few countries where FX Primus accounts are not available. Traders in the following countries cannot open or use a FX Primus account:
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is FX Primus Safe To Trade With In 2023?
Founded in 2009, FX Primus has been open for 14 years, they are headquarted in Cyprus
FX Primus is regulated by Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID). These bodies have rules that make sure that trading platforms have steps in place to maintain investor's assets procured. This means that FX Primus users do not need to worry about their money as it's segregated and safely stored in banks that are established. SSL encryption secures every user's private information as well.
You can make use of a choice for 2 Factor Authentications (2FA) with FX Primus for increased security. An SMS with the confirmation code will be sent to your mobile phone. You'll be asked to enter this code to log in to your accounts.
Another concern with financial brokers with respect to security may be manipulation of trading. This is highly disadvantageous to consumers on these platforms. Nonetheless, this is much more widespread in the example of Market Maker agents who compete with users on the platform.
FX Primus Risk Disclaimer
Losses can exceed deposits
Pro's & Con's Of Trading With FX Primus
Every online trading platform will have a few pros and cons FX Primus review would be complete without showing both sides. This FX Primus review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
FX Primus Pro's
FX Primus is regulated by Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID).
FX Primus has been trading for 14 years.
FX Primus offers customer support over the phone.
FX Primus provides customer support over email.
FX Primus gives access to customer support over livechat.
FX Primus is an award winning broker.
FX Primus doesn't charge inactivity fees.
FX Primus has over 100 employees.
FX Primus offers social trading.
FX Primus offers copy trading.
You can trade metals with FX Primus.
You can trade energies with FX Primus.
FX Primus Con's
FX Primus is not highly rated by us. FX Primus doesn't offer guaranteed stop loss. FX Primus doesn't offer negative balance protection. FX Primus charges withdrawal fees. You can't trade Cryptocurrencies with FX Primus. FX Primus doesn't allow scalping. FX Primus doesn't allow hedging. FX Primus doesn't allow commodity trading.Compare Brokers Similar To FX Primus
Regulation And Licencing In More Detail
FX Primus is regulated by Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID).
FX Primus, as a business, has a powerful set of rules for ensuring fair trading onto its own platform. For information encryption functions, it supplies an industry-standard secure socket layer (SSL).
In accordance with the company's privacy regulations, client data is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
FX Primus Awards
FX Primus have won many industry awards over the time they have been running as an online broker. We list the most notable awards for FX Primus below.
- In 2015 FX Primus was awarded Most Trusted Broker.
- In 2016 FX Primus was awarded Best Trainer & Education Provider.
- In 2016 FX Primus was awarded Best Forex Research.
FX Primus Trading Platforms
FX Primus are a reputable broker that has been open for over 14 years. They offer a large range of options in their customer accounts.
In the following table we take the main parts of any professional online broker and compare FX Primus with freetrade, and easyMarkets.
FX Primus MetaTrader 4 (MT4)
MetaTrader 4 also known as MT4 is one of the top trading platforms on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to cover all your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.
The MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements.
You can start using the MetaTrader 4 platform with FX Primus in multiple formats including through an online web platform, or through a downloadable application for Windows PC's and Mac's. FX Primus MetaTrader 4 is compatible with the latest macOS. FX Primus allows traders to trade on mobile devices through Android and iOS devices.
Metatrader 4 Webtrader and FX Primus
MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators.
Trading With FX Primus MetaTrader 4 On iOS Devices
You can download the FX Primus app or also trade with FX Primus through the MetaTrader 4 application on the Apple app store.
Download the FX Primus MetaTrader 4 Program free of charge from Apple's App Store. FX Primus customers have instant access to the Financial markets, with the ability to completely manage a Portfolio on the go.
Trading With FX Primus MetaTrader 4 On Android Devices
Andorid mobile devices and tablets are used by millions of people globally. FX Primus provides its clients access to the MetaTrader 4 platform on Android supported devices so that their 10,000+ customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android FX Primus MetaTrader 4 application enables traders to make the most of multiple advanced trading features which enables them to monitor and trade quickly on the go, simply and securely.
Minimum Deposit Required
The minimum deposit that you need to begin on FX Primus is $100. This is an adequate amount for those just starting out. It's possible to create more advanced residue as you cooperate. However, make certain that you know how to make the most of your cash before investing in larger amounts.
Commission And Fees Explained
FX Primus is an online brokerage platform, and most online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the companies of online brokerages are scaled better. In other words, an internet broker is not necessarily affected by the number of clients they have.
But this doesn't necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for a variety of services to earn money. There are mainly 3 different types of fees for this purpose.
The first sort of fees to look out for are trading charges. When you make a genuine trade, like buying a stock or an ETF, you are charged trading fees. In these cases, you are spending a spread, funding rate, or even a commission. The kinds of trading charges and the rates differ from broker to broker.
Commissions can be fixed or dependent on the traded quantity. On the flip side, a spread denotes the gap between the buying and selling price. Financing or overnight rates are those that are charged when you maintain a leveraged position for more than a day.
Aside from trading charges, online brokers also bill non-trading fees. These are determined by the actions you undertake on your account. They are charged for operations like depositing money, not trading for lengthy periods, or withdrawals.
Generally, FX Primus doesn't charge high fees compared to other online agents. For operations other agents charge for, they do not charge a broker fee, or they charge a smaller amount. This can be beneficial for those who often trade, such as daily or weekly trading.
However, non-trading fees charged by FX Primus are comparatively lower. Consequently, you are billed more for non-trading activities in your trading accounts, such as withdrawal and deposits. These aren't related to the purchase and sale of assets.
This FX Primus review breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees Of FX Primus
FX Primus Withdrawal Fees Explained
FX Primus charges a withdrawal fee when you make a bank transfer. Each time you move money into your bank accounts, these withdrawal charges become important.
Withdrawal of money is possible at any time from the FX Primus account. It's possible to withdraw up sums to the amount of your account balance, keeping aside the margin used. 1 thing to keep in mind is that you don't always have to have any money on your account.
Moreover, the withdrawn money will be moved directly to the accounts you use to create deposits. Therefore, if you used a credit card for deposits, the withdrawn cash will be sent to the cardFX Primus will ask you to offer other withdrawal methods in case your details have changed since your deposit.
There is a minimum withdrawal amount. In case you are withdrawing money in different currencies from USD, a conversion fee is also important. The conversion fee will be dependent on the currency you are opting to draw in.
FX Primus Inactivity Fees Explained
FX Primus doesn't charge inactivity fees so you are free to use your account as needed
Even if no charges are implied by FX Primus, it is better for you to close the account if you are inactive. Inactivity fees are not just charged by brokerage companies but also many financial services.
For other trading platforms, the inactivity fee depends upon the type of account you have selected. The inactivity fee is exposed to many circumstances and needs to be revealed clearly by the agent beforehand.
FX Primus Deposit Fees Explained
When you transfer money into your trading account by your bank account, a deposit fee can be charged by the broker. Most brokers don't charge too much money for this particular operation.
FX Primus charges a deposit fee for transferring money into your trading account.
Depositing money on the FX Primus trading platform is easy. You simply need to complete a single-user profile survey to start depositing money into your trading account. You'll need to give an identity proof and proof of residency to deposit large amounts.
Compare FX Primus Vs Other Broker Deposit Methods
What Can You Trade With FX Primus in 2023?
Note: FX Primus provides a lot of different trading instruments due to regulatory restrictions in some countries. Trading instruments offered can be different depending on the country of residence of the client.
FX Primus has a wide variety of over 100 instruments available for you to trade with.
If trading currency pairs is of interest to you then FX Primus offer over 45 forex pairs.
Compare FX Primus, freetrade & easyMarkets below.
FX Primus Trading App Review
Note: FX Primus's mobile app has a lot of functions and is being constantly improved. The table below was accurate at the time of compiling this FX Primus broker review.
Understand the capabilities of the mobile apps of FX Primus, freetrade & easyMarkets below.
Trading Education Available At FX Primus
Understand the trading resources available with FX Primus, freetrade & easyMarkets below.
FX Primus Customer Support
As part of this FX Primus broker review we looked at the customer service options, response times and on the FX Primus trading platform issue solution effectiveness. FX Primus provides support in various languages, including English, Spanish, Indonesian, Chinese, Thai, Vietnamese, Hungarian, and Malaysian
FX Primus Live Chat Support
We have tested the live chat on FX Primus and it worked flawlessly. We made a request to FX Primus livechat through their app and website and got a reply within 20 seconds. Sometimes , there was no response.
We have tested communication through FX Primus support in multiple languages and in various countries. FX Primus were capable of resolving our customer concerns.
FX Primus Phone Support
We phoned FX Primus and the call was answered very quickly. We were able to have the call answered in less than five to ten minutes.
The FX Primus phone support team was able to effectively address our questions and concerns via phone. We tested the multi-lingual FX Primus team by calling in varying languages. FX Primus made an effort to make sure all of our questions were answered.
The overall support via phone from FX Primus was good.
FX Primus Email Support
We have sent numerous email to FX Primus and the response times were all very good. The fastest email response time from FX Primus was 3 hours while the longest response time was 3 days! Sometimes , there wasn't a response. Response times to support may differ depending on what is needed from FX Primus, however we have had this experience sending 10 emails at varying times.
The team was able to resolve and answer our questions. Overall average email support from FX Primus was excellent.
Alternatives To FX Primus
If, after reading this FX Primus review, they don't fulfill your needs check out these FX Primus alternatives.
We have scoured the internet to find the best alternatives to FX Primus. Click on the hyperlinks below to learn more.
Frequently Asked Questions
Can I try FX Primus before I buy?
Yes, you can most certainly try FX Primus before you buy. FX Primus provides demo accounts for the convenience of inexperienced traders. You can use this feature to build your faith in the system and yourself and your trading strategies.
If you sign up to get a demonstration account on FX Primus, you will set out using a decent amount of virtual currency. It is to establish a sense of safety and confidence in you before you choose to invest your own money.
With a digital FX Primusdemo account, you can experiment in any way, to whatever length you desire. You can also open positions, test different trading approaches, and more.
FX Primus specifies on its official site how you are able to trade real time stocks in a demo account.
Is FX Primus safe?
It is possible to drop all of your worries because we believe that FX Primus is totally safe to use. It's in compliance with the rules of Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID).
Nevertheless, FX Primus does not have assured stop-loss protection.
Why does FX Primus ask for my passport?
The reason that FX Primus asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, FX Primus has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, FX Primus must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with FX Primus?
The process to start trading with FX Primus is super simple. You need to begin by signing up on the FX Primus website. It will require you to fill in details pertaining to the credibility and security of your account. You will probably also have top go through the standard KYC (Know Your Customer) checks but FX Primus are normally pretty quick with this.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with FX Primus is $100. You should have a good {understanding of|hold over} the {details|nuances} of online trading before you set out and trade with real money as losses can exceed deposits.
If you are confident of your knowledge and understanding, you can open an account with FX Primus.
The best way to kickstart your trading career with FX Primus is to open a demo account facility before risking any real money
What funding methods do FX Primus accept?
There are a number of methods to fund your accounts with FX Primus. The process is effortless and quick, with various payment methods at your fingertips.
You can use debit or credit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing funds. You have to bear in mind that PayPal isn't available in all place. The monies FX Primus accepts for deposit are USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD.
Other deposit techniques you can adopt are Neteller, Skrill, Rapid Transfer, and iDeal. Besides online banking, wire transfer is an opportunity also, even though it takes approximately 4-7 days.
Is my money safe with FX Primus?
Yes, your cash is safe and secure with FX Primus. As you already know, FX Primus works with good conformation to regulations. It has established lots of steps to protect all of its investors.
FX Primus protects its customers' personal and sensitive data under SSL encryption. Your capital will be retained highly secure in top-tier banks.
If you want to further protect your accounts, it is possible to enable Two-Step Verification as well. It requires an SMS affirmation that you get your account.
Is FX Primus trading good?
Yes, trading via FX Primus is a nice and good experience indeed. It's an excellent and intuitive platform with helpful features for your ease. Moreover, you can also obtain access to a huge selection of educational tools and assistive substance to kickstart your trading expertise.
If you are still skeptical, it is possible to open a eToro demo account and assess the trustworthiness of the platform on your own.
Which Countries do FX Primus support?
FX Primus operates across the world. However, due to regulations FX Primus cannot accept clients resident in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is FX Primus legit?
FX Primus is a legit company headquarted in Cyprus since 2009. They are regulated by Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID). FX Primus is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is FX Primus a good broker?
FX Primus is a great agent, and its users may vouch for it. The highlight of the platform is its fast order execution on transactions.
You'll discover the clean layout of the platform and the admirable features that are pleasant to work with.
Is FX Primus a trustworthy broker?
Yes, FX Primus is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can affirm to their trustworthy nature.
What is the minimum deposit for FX Primus?
The minimum deposit to open a live account with FX Primus is $100
How long do FX Primus withdrawals take?
Normally, withdrawal of money from FX Primus is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for a withdrawal from FX Primus to show in your bank account and withdrawls are available in any of the following currencies.
USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD
Is FX Primus regulated?
FX Primus are regulated by Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID)
Is FX Primus a market leading broker?
FX Primus is indisputably among the industry leaders. It supports over 10,000+ registered customers and over 14 years of expertise on its record. They are among the world's top trading platforms and a dominant figure in the Fintech revolution.
It simplifies this standing to its unbelievable platform and broad selection of tools plus resources so you can put money into capital markets.
Is FX Primus a con?
No, FX Primus is not a con. They are regulated by Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID) and must adhere to their rules. Thus, it is safe to say that FX Primus is not a scam.
Can you make money with FX Primus?
Through FX Primus, several traders make a great deal of money. However, just like all online brokers, it is important to note that traders can also lose money. In particular, Losses can exceed deposits
This may seem like a small number, but within the entire year, it adds to a significant amount of gains. Even though FX Primus provide you all of the tools to make money, they can't guarantee that you will profit.
Does FX Primus have fees?
Yes. To begin trading using FX Primus, you need to deposit $100. Particular commissions while trading additionally applies. Any processing fees from your bank might have to be incurred by you.
When was FX Primus founded?
FX Primus was founded in 2009 in Cyprus. FX Primus is regulated by Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID).
How many people use FX Primus?
FX Primus is a worldwide recognised broker with 10,000+ customers.
Where is the FX Primus head office?
FX Primus has its head office in Cyprus
Does FX Primus offer negative balance protection?
No. FX Primus doesn't offer negative balance protection. If your balance is negative, FX Primus indicates you promptly contact client services. For this, you can correct any imbalances within your own account.
Does FX Primus offer guaranteed stop loss?
FX Primus, unfortunately, doesn't provide guaranteed stop loss. FX Primus gives an opportunity to its traders to close their trade in their specified price. Aside from this, FX Primus does not offer guaranteed stop loss.
Does FX Primus allow scalping?
No, the stipulations of FX Primus don't allow scalping. It is a trading technique that is not permitted on the agent's platform. You can refer to FX Primus's terms and conditions to see more about its own policies.
Does FX Primus allow hedging?
No, unfortunately FX Primus does not allow hedging.
Can you trade energies with FX Primus?
Yes, you can trade energy stocks with FX Primus
Can you trade agricultural shares with FX Primus?
No, unfortunately you cannot trade agricultural stock with FX Primus
Can you trade cryptocurrency with FX Primus?
No, unfortunately you cannot trade cryptocurrency with FX Primus
Can you trade metals with FX Primus?
Yes, you can trade metals with FX Primus
Can you trade UK Shares with FX Primus?
Yes, you can trade UK shares with FX Primus
Can you trade US Shares with FX Primus?
Yes, you can trade US shares with FX Primus
Can you trade Japanese Shares with FX Primus?
No, unfortunately you cannot trade Japanese shares with FX Primus
Can you trade German Shares with FX Primus?
No, unfortunately you cannot trade German shares with FX Primus
Does FX Primus accept bank transfers?
Yes, FX Primus accepts bank transfers for depositing money.
Does FX Primus accept credit cards?
Yes, FX Primus accepts credit cards for depositing money.
Does FX Primus accept PayPal?
No, FX Primus does not accept PayPal.
Does FX Primus accept Skrill?
No, FX Primus does not accept Skrill.
Does FX Primus accept Payoneer?
Yes, FX Primus accepts Payoneer for depositing money.
Payoneer, an American financial services company, offers online money transfer and digital payment services. It also provides working capital to customers.
Account holders can send or receive funds via an ewallet, virtual bank account number in local currency, or a reloadable prepaid MasterCard debitcard. Money received can then be withdrawn to a bank account or used online / at points of sale with the Payoneer debit card. The company specializes in facilitating cross-border B2B payments. It provides cross-border transactions in 200 countries and territories and more than 150 local currencies, with its cross border wire transfers, online payments, and refillable debit card services.
Payoneer is used by companies like Airbnb, Google, Amazon and Upwork to send large-scale payouts all over the globe. It is also used by eCommerce marketplaces such as Rakuten, Walmart and Wish.com, freelance marketplaces such as Fiverr and Envato, and works with ad networks to connect these firms with publishers based outside of their headquartered country.
Payoneer is a content creator and works with Pond5, iStock, Pond5 and other companies as well as the freelance market.
Payoneer's customer service team includes 320 employees that support 4,000,000 customers in 70 languages and in 150 currencies.
In October 2019, the company launched a service aimed for small and medium-sized businesses to send payments anywhere in the world quickly and cheaply.
Does FX Primus accept Neteller?
Yes, FX Primus accepts Neteller for depositing money.
Does FX Primus offer Live Chat customer support?
Yes, FX Primus offers customer support through live chat.
Does FX Primus offer phone customer support?
Yes, FX Primus offers customer support over the telephone.
Does FX Primus offer email customer support?
Yes, FX Primus offers customer support through email.
What languages can FX Primus communicate in?
FX Primus has the ability to communicate and support customers who speak: English, Spanish, Indonesian, Chinese, Thai, Vietnamese, Hungarian, and Malaysian
Does FX Primus have a wikipedia page?
Yes, FX Primus does have a wikipedia page. It can be found at
Does FX Primus offer demo accounts?
Yes, FX Primus offers virtual portfolio accounts so you can learn their systems before risking any real capital. Newbie traders can open a demo account in order to become better acquainted with the areas of Forex trading and test out some of the features before signing up for a live account.
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