FX Primus Review: Pros & Cons | 2024 Update
This FX Primus review has been updated for 2024 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 world class trading partner that was founded in 2009. They have around 358 staff 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 are a new entrant in the realm of trading online and brokers, so many nuances will no doubt be confusing for you. Getting into the world of online trading demands expert analytical skills and thorough knowledge. You'll get proficient at all the concepts of online trading and brokerages as you keep trading. For starters, you need to select the ideal online broker who'll always be transparent with you.
Within the fast-paced universe of financial markets and online trading, you will need guidance to make educated decisions. A professional, direct investment online trading platform could assist you in minimising any potential losses and maximising any returns. FX Primus is just one such platform that will help you. It is important to understand 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 thoroughly evaluate FX Primus as your broker, as this choice can determine your success. Selecting the right broker is vital for your FX Primus investments to flourish. However, be cautious of counterfeit and untrustworthy brokers hiding in the shadows, ready to exploit naive traders.
It's essential to be prudent and rigorous 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 requirements.
Remember, FX Primus should be a trusted partner on your trading journey.
Our team has worked diligently 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 detailed FX Primus review. So, make yourself comfortable, grab a cup of coffee, and immerse yourself in learning about FX Primus and how it can benefit you, or if FX Primus might not be the right fit for you.
FX Primus Guide for 2024 – Brief Summary
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 |
Losses can exceed deposits |
Our full FX Primus review for beginners covers everything you will need to learn about trading via FX Primus. A fantastic agent can take 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 make profits, you should trade with a broker service that contrasts with your investment objectives.
Of course, there's absolutely no sure-fire way to guarantee profits; thus, you should carefully analyze your broker before you choose them. It is a common misconception that all agents will be exactly the same, but that's not true. Wrong judgment, in the beginning, can put your investments in danger.
FX Primus is a trading partner that has paved its way successfully to the brokerage world. Within this review, we've attempted to collate a number of the vital aspects of FX Primus. This guide will allow you to understand whether FX Primus is a great match for your own investments or not. We've tried to breakdown all the features 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 online trading. Since its start in 2009 they have emerged as a leading player in the field of online trading. FX Primus includes a highly aggressive and full-featured trading site that's focused on forex, indices, metals, stocks , commodities.
Over the past 15 years, FX Primus has developed into one of the top online brokers available to the public.
After establishing itself in 2009, their client base has increased to 10,000+ clients.
FX Primus is the favourite for many traders . Our FX Primus account review discovered that they are a professional alternative for online trading solutions. They are best suited for investors who are looking for an assortment of assets. Social and easy to use trading options are the core at FX Primus.
Technology plays a substantial role at FX Primus. They features trading on MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps. FX Primus is fair, transparent, and also a well-regulated agent by the Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID). Their outstanding array of resources will be beneficial for the majority of traders. Third-party partnerships also supply in-house research.
The educational department at FX Primus is quite insightful for new traders since it permits them to get a closer look in the financial markets. FX Primus caters to all sorts 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 2024
Trading with FX Primus includes numerous advantages. These benefits are what sets FX Primus ahead of the rest of the online brokers. You should check all of the benefits listed so you have a better understanding of FX Primus.
The broker goes to great lengths to understand what dealers need. As a result, the support, quick, and convenient. The agent also gives a variety of platforms for all kinds of traders. FX Primus ensures that the individual needs of all traders are met to the best of their ability.
FX Primus also features excellent trading conditions which are readily available to all and not just an elite class of institutional customers. The tight spreads and quick executions are a fantastic advantage for all traders. The technology embraced by FX Primus is of the highest caliber, ensuring that it is fast, dependable, and effective.
FX Primus acknowledges the importance of owning a quick order execution. A quick execution enables users to trade without fretting about slippage safely. It is going to also help the traders to catch any opportunities.
Copy trading is another important aspect of FX Primus. A new dealer can learn from business experts utilizing the automatic copy trading option. This allows you to see well 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. This allows intermediate traders to absorb the expert knowledge and make their own trades based off it. It is a more independent version of copy trading
FX Primus has over 100 trading tools to support all kinds of traders. These tools are dynamic and suitable for both the new and experienced traders. All traders can set aside all their concerns 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.
Everything you should know about trading with FX Primus
FX Primus is a lively platform that offers various procedures of online trading. These instruments cover the monetary markets substantially. Most of the broker platforms offer less methods than FX Primus
If you wish to exchange with FX Primus, you'll require a minimum deposit of $100. This deposit is required if you would like to start trading with FX Primus. This 2024 FX Primus review will guide you easily about trading with them.
FX Primus is as versatile as another broker platform. FX Primus is excellent for traders that want a manageable selection of low-cost services. The platforms supplied by FX Primus are third party, white-label offerings. All traders may choose from MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps
Together 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 open. The agents provide premium customer service that rewards customers with advantages.
Many unprofessional brokers attempt to pressurise users into bigger financing for premium services. FX Primus, on the other hand, is more focused on trading volume. Traders can expect trading conditions to be fair, 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 outstanding service everywhere they have clients. There are a 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 2024?
Established in 2009, FX Primus has been in operation for 15 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 measures in place to keep investor's assets secured. This means that FX Primus users do not need to worry about their money since it's segregated and safely kept in banks that are established. SSL encryption secures every user's personal information also.
You are able to make use of a choice for Two Factor Authentications (2FA) with FX Primus for increased safety. An SMS for the verification code will be sent to your phone. You will be required to enter this code to log in to your accounts.
Another concern with online brokers with regards to safety might be manipulation of trading. This is highly disadvantageous for consumers on these platforms. Nonetheless, this is much more prevalent in the case of Market Maker agents who compete with users on the stage.
FX Primus Risk Disclaimer
Losses can exceed deposits
Pro's & Con's Of Trading With FX Primus
Every online trading platform has some 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 15 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 collection of rules for ensuring fair trading onto its platform. For data encryption purposes, it supplies an industry-standard secure socket layer (SSL).
As per the organization's privacy regulations, client data is never to be shared with any other institutions or individuals. This includes credit history and other financial details.
FX Primus Awards
FX Primus have won several industry awards over the time they have been operating as an online broker. We detail the most recognised awards for FX Primus here.
- 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 trustworthy trading platform that has been operating for over 15 years. They offer a wide range of options in their client accounts.
Below we take the main parts of any good online broker and compare FX Primus with Startrader, and freetrade.
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 you need to get started on FX Primus is $100. This is an adequate amount for those just beginning. It's possible to create more complex residue as you go along. However, make certain that you understand 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 businesses of online brokerages are scaled better. That is, an online broker isn't necessarily affected by the amount of clients they have.
But this does not mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to earn money. There are primarily 3 different types of fees for this purpose.
The first sort of fees to look out for are trading charges. Whenever you make an actual trade, like buying a stock or an ETF, you are charged trading fees. In these instances, you're spending a spread, financing speed, or even a commission. The sorts of trading fees and the rates vary from broker to broker.
Commissions could be fixed or dependent on the traded quantity. On the other hand, 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 longer than daily.
Apart from trading charges, online brokers also bill non-trading fees. These are determined by the activities you undertake on your account. They're billed for operations like depositing money, not trading for lengthy periods, or withdrawals.
In general, FX Primus does not charge high fees in comparison to other online agents. For operations other agents fee for, they do not charge a broker fee, or they charge a lesser sum. This is beneficial for those who regularly exchange, for example weekly or daily trading.
But, non-trading fees charged by FX Primus are relatively lower. As a result, you are charged more for non-trading activities in your trading account, such as withdrawal and deposits. These aren't related to the sale and purchase of resources.
This FX Primus review breaks down each of the applicable non-trading charges for you in detail.
Compare Broker Fees Of FX Primus
FX Primus Withdrawal Fees Explained
FX Primus charges a withdrawal fee if you create a bank transfer. Every time you transfer money into your bank account, these withdrawal charges become important.
Withdrawal of money is possible at any time from the FX Primus account. You can draw sums up to the sum of your account balance, keeping aside the perimeter used. One thing to keep in mind is that you don't necessarily have to have any money in your account.
Moreover, the withdrawn money will be transferred directly to the account you use to create deposits. Therefore, in the event that you used a credit card for deposits, the withdrawn cash will be sent into the cardFX Primus will ask you to provide other withdrawal methods in case your details have changed since your deposit.
There is a minimum withdrawal amount. In the event you are withdrawing money in various currencies from USD, a conversion fee is also applicable. The conversion fee will depend on the money you are opting to draw in.
FX Primus Inactivity Fees Explained
FX Primus doesn't charge inactivity fees so you are free to pop in and out of your account as needed
Even if no charges have been implied by FX Primus, it is best that you close the account if you're inactive. Inactivity fees are not only charged by broker firms but also many financial services.
For additional trading platforms, the inactivity fee depends on the sort of account you've chosen. The inactivity fee is subjected to a lot of conditions and needs to be revealed clearly by the agent beforehand.
FX Primus Deposit Fees Explained
When you move money in your trading account from the bank account, a deposit fee can be billed by the broker. Most brokers do not charge an excessive amount of money for this operation.
FX Primus charges a deposit fee for transferring money into your trading account.
Depositing money into the FX Primus trading platform is easy. You just have to finish a single-user profile questionnaire to start depositing money into your trading account. You'll need to provide an identity proof and evidence of residency to deposit large amounts.
Compare FX Primus Vs Other Broker Deposit Methods
What Can You Trade With FX Primus in 2024?
Note: FX Primus offers many different trading instruments due to regulatory restrictions in a few 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, Startrader & freetrade below.
FX Primus Trading App Review
Note: FX Primus's mobile app has a lot of functionality and is being constantly improved. The table below was accurate at the time of writing this FX Primus broker review.
Understand the capabilities of the mobile apps of FX Primus, Startrader & freetrade below.
Trading Education Available At FX Primus
Understand the trading resources available with FX Primus, Startrader & freetrade below.
FX Primus Customer Support
For our FX Primus broker review we tested the customer service options as well as response times. on the FX Primus trading platform issue resolution effectiveness. FX Primus supports many languages including English, Spanish, Indonesian, Chinese, Thai, Vietnamese, Hungarian, and Malaysian
FX Primus Live Chat Support
We tried the live chat on FX Primus and it worked flawlessly. We made a request via FX Primus livechat via their website and app and recieved a response in less than 20 seconds. On Occasion there was no response.
We have tested communication through FX Primus support in a variety of languages across multiple countries. FX Primus were capable of resolving our customer issues.
FX Primus Phone Support
We made a call to FX Primus and the call was responded to very quickly. It was responded to within less than five to ten minutes.
The FX Primus phone support team was able to effectively address our questions and issues via phone. We tried the multilingual FX Primus team by calling in varying languages. FX Primus made an effort to ensure that our questions were addressed.
The overall phone support provided by FX Primus was okay.
FX Primus Email Support
We have sent numerous emails to FX Primus and the response times were all satisfactory. The fastest email response from FX Primus was 5 hours while the slowest response was 12 days! There were times when there was no response. Support response times can vary depending on what is needed from FX Primus, but this was our experience sending out 10 emails at various times.
The team was able to resolve and answer our queries. Overall average email support from FX Primus was outstanding.
Alternatives To FX Primus
If, after reading this FX Primus review, they do not meet your needs check out these FX Primus alternatives.
We've scoured the web to find the best alternatives to FX Primus. Click the links below to learn more.
Frequently Asked Questions
Can I try FX Primus before I buy?
Yes, you can most definitely try FX Primus before you buy. FX Primus offers demo accounts for the ease of inexperienced traders. You may use this feature to build your faith in the machine and yourself and your trading strategies.
If you register to get a demo account with FX Primus, you will set out with a decent amount of virtual currency. It is to establish a sense of safety and confidence in you until you decide to spend your own money.
With this digital FX Primusdemo account, you are able to experiment at all, to whatever length you wish. You might also open positions, test different trading strategies, and more.
FX Primus shows on its official website that you can trade real time stocks with your demo account.
Is FX Primus safe?
You can drop all 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 doesn't provide 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 multiple ways to fund your account with FX Primus. The process is effortless and quick, with different payment methods at your fingertips.
You can use credit or debit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing money. You have to bear in mind that PayPal is not available in every country. The monies FX Primus accepts for deposit are USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD.
Other deposit methods you can adopt are Neteller, Skrill, Rapid Transfer, and iDeal. Besides online banking, wire transfer is a possibility as well, even though it takes about 4-7 days.
Is my money safe with FX Primus?
Yes, your money is safe and protected with FX Primus. As you already know, FX Primus works with good conformation to regulations. It's established plenty of steps to protect all of its investors.
FX Primus safeguards 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 also. It takes an SMS confirmation for you to access your accounts.
Is FX Primus trading good?
Yes, trading through FX Primus is a nice and decent experience indeed. It's a great and intuitive platform with useful features for your simplicity. Moreover, you could also gain access to a vast collection of educational tools and assistive material to kickstart your trading experience.
If you are still skeptical, it is possible to open a eToro demo account and assess the trustworthiness of the platform for yourself.
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 an excellent agent, and its users may vouch for it. The highlight of the platform is its fast order execution on transactions.
You will find the clean layout of this platform and the commendable features 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 currently among the industry leaders. It has over 10,000+ registered customers and over 15 years of expertise on its record. They're one of the world's top trading platforms and also a prominent figure in the Fintech revolution.
It simplifies this status to its incredible platform and wide range of tools plus resources so that 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, many traders make a great deal of cash. But, just like all online trading platforms, it is important to note that traders can also lose money. In particular, Losses can exceed deposits
This can look like a small number, but within the year, it quickly adds to a significant number of gains. Even though FX Primus supply you all of the tools to make money, they cannot guarantee you will profit.
Does FX Primus have fees?
Yes. To begin trading using FX Primus, you have to deposit $100. Particular commissions while trading also apply. Any processing fees from your bank will 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 suggests that you promptly contact customer services. With this, you can fix any imbalances in your own account.
Does FX Primus offer guaranteed stop loss?
FX Primus, unfortunately, doesn't offer guaranteed stop loss. FX Primus gives an opportunity for its dealers to close their trade at their given price. Apart from this, FX Primus does not offer guaranteed stop loss.
Does FX Primus allow scalping?
No, the terms and conditions of FX Primus don't condone scalping. It's a trading technique that isn't permitted on the agent's platform. You have to consult with FX Primus's provisions and conditions to see more about its 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. The company facilitates cross-border transactions in more than 200 countries and territories, as well as more than 150 local currencies. It also offers cross-border wire transfers, online payments and refillable debit cards services.
Companies like Airbnb, Amazon, Google and Upwork use Payoneer to send mass payouts around the world. 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.
In the content creation space, Payoneer works with Getty Images, iStock, Pond5, and others as well as in the freelance marketplace.
Payoneer's customer service team includes 320 employees that support 4,000,000 customers in 70 languages and in 150 currencies.
The company launched a service in October 2019 that allows small and medium-sized companies to send money anywhere in the world fast 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 money. New traders can open a virtual portfolio account in order to become better acquainted with the aspects of Forex trading and test out some of the company’s features before risking a live account.
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Table Of Contents
- Who are FX Primus?
- Benefits Of Trading With FX Primus
- Everything you should know about trading with FX Primus
- Is FX Primus Safe To Trade With?
- FX Primus Risk Disclaimer
- Pro's & Con's Of Trading With FX Primus
- Compare Brokers Similar To FX Primus
- FX Primus Regulation And Licencing
- FX Primus Awards
- Minimum Deposit Required For A Live Account With FX Primus
- FX Primus Commission And Fees
- Compare broker fees against FX Primus
- FX Primus Withdrawal Fees Explained
- FX Primus Deposit Fees Explained
- Compare Broker Deposit Methods
- What Can You Trade With FX Primus?
- FX Primus Customer Support
- FX Primus Live Chat Support
- FX Primus Phone Support
- FX Primus Email Support
- Alternatives To FX Primus
- Frequently Asked Questions About FX Primus