FXPrimus Review – Traing Platforms, Commission, Leverage, Account Types & moreLast Updated Date: Apr 29, 2022
FXPrimus is one of the biggest online trading platforms that brings you the opportunity to invest in the world’s most liquid and giant markets.
Combining the power of innovation, FXPrimus has been offering the best brokerage service to its clients for a long time.
But in addition to this significant quality, there’s a lot to discuss with this broker. In this FXPrimus Review, we will talk in detail about features, benefits, and much more about this trading platform.
About FXPRIMUS & Accepted Countries
|Founder / CEO||Chris Trikomitis|
|Regulations||CySEC, VFSC, FSCA|
FXPrimus was founded in 2009 and currently serves clients in different nations around the world.
From the UK, USA, South Africa to China, in our FXPrimus Review, we find that the broker has been a successful performer worldwide and continues to impress more clients.
Beyond a doubt, the broker is recognized among the best trading service providers.
Some of the top-rated regulators give licensing to FXPrimus that enhances the broker’s credibility and encourages more traders to join it.
But in addition to this, a good range of features and benefits that this trading platform offers are also a big reason encouraging us to start trading at FXPrimus.
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FXPRIMUS Trading Platforms
|Trading Platform||MetaTrader 4|
|Desktop Platform – Windows||Yes|
|Desktop Platform – Mac||Yes|
|Desktop Browser Platform||Yes|
|Mobile Site Platform||Yes|
|Android App Platform||Yes|
|iOS App Platform||Yes|
|Windows App Platform||No|
|Other Mobile OS Platform||No|
|Trading Platform Supported Languages||English|
The broker connects you with the MT 4 trading platform to ensure your trading experience isn’t affected by anything new.
Most traders prefer trading via MetaTrader 4, which makes the broker provide MT4 facility in the mainstream.
But in addition to it, FXPrimus provides a web-trader facility too, which can be accessed directly from the browser.
The trading platform works smoothly on any operating system, no matter if you use Mac or Windows.
FXPrimus trading platform is accessible from almost any device on the go. Even on a mobile device’s browser, you can access trading services by the broker.
FXPRIMUS Mobile App
FXPrimus App is another coolest thing to traders. If you also think that log-in and log-out on the desktop are time-consuming and frustrating, this mobile trading app will be a great thing for you.
The app is free that you can install from google play store or apple AppStore, respectively. Mobile users can access trading accounts at FXPrimus via a mobile web browser too.
If you don’t want to install the app on your smartphone, don’t worry, the broker doesn’t compel you for that.
Instead, the broker does offer a web-trading facility to mobile users to ensure they focus only on market and investment because FXPrimus itself handles for you the rest.
Check out Mobile Apps of more Forex Brokers
|Activtrades||CMC Markets||Eightcap||IFC Markets|
FXPRIMUS Commission or Brokerage or Fees
|Commission on trades||Yes|
Commission and brokerage charges have always been a matter of hitch for beginners. Your zest for knowing about FXPrimus Commission is normal if you are a beginner too.
However, most brokers offer commission-free trading facilities on their trading platform.
But unfortunately, FXPrimus doesn’t fall into those trading platforms categories.
The broker charges a commission on trade that starts from US dollar 10. The broker even makes income for themselves from spreads, starting from 0.1 pips.
Beyond a doubt, the chart of commission can go high. It depends upon what asset you choose for trading. Moreover, it’s also worth noting that the minimum deposit amount that FXPrimus asks its users is also relatively higher than other trading platforms.
Thus, your trading decision at FXPrimus can cost a bit high.
FXPRIMUS Exposure or Leverage
How much leverage does a broker provide? Nowadays, the question has become quite popular since people want to capture a big chunk of profits with minimal investment, and ‘leverage’, beyond a surprise, is a great way to do that.
Leverage is one of the most notable segments of this entire FXPrimus Review.
However, the broker hasn’t specified the exact leverage ratio because it is entirely decided by the equity asset you choose for trading.
The broker usually offers leverage up to 1:200, but you can expect more too. Simply get into the desired market and trade for more with minimal investment.
But make sure you utilize the leverage facility only when you are confident about your trading skills because this leverage is subjected to risk.
Payment Methods provided by FXPRIMUS
|Deposit||Bitcoin Payments, Credit Card, emerchantpay, Mastercard, MoneyGram, Neteller, Paysafecard, Skrill, Visa, Wire Transfer|
|Withdraw||Bitcoin Payments, Credit Card, emerchantpay, Mastercard, MoneyGram, Neteller, Paysafecard, Skrill, Visa, Wire Transfer|
FXPrimus does offer payment methods in a good range to ensure traders don’t deal with any trouble at the checkout page.
For funding and withdrawals, you can use Credit cards, MasterCard, VISA, Debit cards, Bank transfers, Electronic wallets (eWallets), Payoneer, Neteller, Skrill, Safe Charge, E-merchant Pay, Trust Pay, Bitcoin, Union Pay, Fasa Pay, and Giropay.
In addition to these payment options, the broker also offers other payment methods, making it clear that you’ll never encounter any issue at the checkout page.
Please note that FXPrimus doesn’t charge any commission on the transaction, but your bank may charge you a certain commission which happens due to varying reasons.
Find out Payment Methods provided by other Forex Brokers
Investment in Asset Classes or Markets by FXPRIMUS
|Supported Cryptocoins||BTC, DSH, ETH, LTC|
|Total Tradable Assets||100+|
|Number Of Currency Pairs||10+|
|Number Of Cryptocurrencies||4|
|Number Of Stocks||NA|
|Number Of Indices||NA|
|Number Of Commodities||NA|
|Number Of Futures||NA|
|Number Of Options||NA|
|Number Of Bonds||NA|
|Number Of ETFs||NA|
It is an era of innovation; unlike conventional trading platforms, the modern trading platform now offers multiple market access to its users.
That’s something we love in this FXPrimus Review because the broker offers you 130+ tradable instruments ranging from Forex indices to equities.
Choose the ideal pair of assets that you find more profitable in real-time. In addition to these assets, you can also trade metals, energies, futures, etc.
The broker ensures giving you a well-packed trading solution for which you are always offered an extensive list of tradable items.
FXPRIMUS Virtual Trading or Demo Account
Skills in trading are born out of the experience and not by birth.
That makes a great reason why one must consider going with a demo account before starting a trading journey directly in the live trading account.
FXPrimus offers a demo account or virtual trading account to its users because the broker knows the importance and value of practical learning, which goes superb on a demo account.
And the best thing is, demo account facility is also available on FXPrimus App.
Similarly, you get yourself fully trained for trading on a demo account and enjoy profitable results in a real account. Virtual currency support in the demo account is an added benefit.
FXPRIMUS Offers or Deals
|Free Learning Courses||Yes|
|Free Demo Account||Yes|
|Discount on Brokerage||No|
|Flexible Brokerage Plans||No|
|Forex Trading Contest||Yes|
|Trading Bonuses & Rewards||Yes|
When it comes to deals and offers, FXPrimus is never short of options.
The broker runs an affiliate program, promotion, and lucky draw program, which we don’t see on other trading platforms.
You can also make a significant commission for yourself on referrals.
If you invite clients for FXPrimus, you make a commission. In addition, the broker has lots of great things in its offer zone.
Most traders also receive bonuses at FXPrimus because the broker strives to promote an engaging environment for its clients by offering such enticing deals and promotion facilities.
FXPRIMUS Regulation or Licensing
|Regulations||CySEC, VFSC, FSCA|
A broker with no regulation and licensing is undoubtedly a bad choice. Even though you make a good amount, you are still risking your investment if the selected broker isn’t reliable.
But luckily, FXPrimus is reliable because the broker gets its licensing from Cyprus Securities and Exchange Commission (CySEC).
Also, the Markets In Financial Instruments Directive (MiFID) certifies FXPrimus as a reliable broker, so you can feel secure about your decision by all means.
Find out Regulations & Licensing of more Forex Brokers
|Social Trading / Copy Trading||Yes|
|Guaranteed Stop Loss||No|
|Guaranteed Limit Orders||No|
|Guaranteed Fills / Liquidity||No|
|Trading From Chart||Yes|
|Interest On Margin||No|
|Other Trading Features||No|
A good amount of trading features means a good amount of trading experience on a trading platform.
FXPrimus also adheres to the statement and strives to offer trading features in a good range so you could enjoy each trading move the way you want.
Let’s discuss in brief these features you receive on the FXPrimus trading platform.
- The broker provides meta trade and web trading platform
- Economic Calendar and Calculators are also provide
- Educational tools and a weekly outlook of the market is offered
- Live Webinar is another notable thing
- Deals, offers and promotions, everything is available
- Demo account facility is provided
FXPRIMUS Account Types
Take a look at the types of accounts that the company is offering:
|Account Type||FXPrimus||ECN Premium FXPrimus|
Another coolest thing we found about FXPrimus is that the broker provides an Islamic account facility.
Traders from the Islamic nation can find it a great thing, but in addition to this, the broker offers three trading accounts in the mainstream.
If you are from other nations, you can access the following account types at FXPrimus. This account includes
- Standard or variable account
- ECN Premium Account
- VIP account
The broker provides different account types to ensure that each trader pays a fair amount for trading services and gets the best trading experience. FXPrimus Commission in every trading account is different, so make sure you consider it first.
FXPRIMUS Trading Account Features
Check below all the trading account features under various account types:
|Trading Desk Type||Market Maker|
|Suitable for beginners||No|
|Suitable for professionals||No|
|Suitable for scalping||No|
|Suitable for daily trading||No|
|Suitable for Weekly trading||No|
|Suitable for swing trading||No|
FXPRIMUS – Research & Advisory
Find below all the different reports and support provided by its Research & Advisory team:
|Daily Market Commentary||Yes|
|News (Top-Tier Sources)||Yes|
|Company Stock Review||Yes|
|Free Stock Tips||Yes|
Below we have shortlisted major benefits of the FXPrimus trading platform.
- Traders receive bonuses
- Broker runs promotional offers and referrals programs
- Demo account offered with virtual currency support
- Trade on Meta trader and web trade platform
- Mobile app provided
- Multiple tradable instruments
- Seamless Checkout
- Educational Tools, Videos, and Tutorials Offers
- Live Webinars
FXPRIMUS Cons or Drawbacks
In addition to benefits, we have also found many things about FXPrimus that are on its cons side. These are as follows.
- FXPrimus Commission is high.
- The minimum deposit amount is also high
- The mobile app is still under review
- Limited Licensing
FXPRIMUS Trading Hours
FXPrimus doesn’t impose time-bound on traders.
The broker has no specified trading hours; when the market opens and when you will trade assets is entirely decided by the real market and not by the broker.
Thus, it’s always recommended to stay up to date with real market conditions.
FXPRIMUS Customer Care or Contact Details
|Support During Weekends||No|
|Live Chat Support||Yes|
|Customer Support Languages||English|
So that you could receive prompt solutions for your queries at FXPrimus, the broker provides you with live chat support that you can access from the broker’s official website.
Moreover, you can also connect with the broker via Zalo, Line, Telegram, Whatsapp, and messenger. Email support facility is also available.
FXPRIMUS Safety & Security
FXPrimus is a well-established online trading platform, working since 2009 and received licensing from top-tier regulators.
Currently, thousands of traders worldwide are actively trading at FXPrimus, making it a reliable and safest trading platform.
FXPRIMUS Rating & Reviews
Based on different users and their experiences below are the company rating and reviews:
|User Experience||8.8 / 10|
|Products & Services||8.8 / 10|
|Brokerage Charges & Fees||8.1 / 10|
|Research & Advisory||8.6 / 10|
|Trading Platforms||8.1 / 10|
|Overall Ratings||8.5/ 10|
|Total Client Reviews||98|
FXPRIMUS Forex Trading – Conclusion or Verdict
In the end, we can grab some positive reviews on FXPrimus.
The broker has been in operation since 2009 and continues to serve global clients.
You can trade your favorite assets at FXPrimus and expect the best outcomes because the broker provides every useful tradable feature. Deals, promotions, and bonuses make an engaging environment for traders at FXPrimus.
Though there are several drawbacks associated with trading at FX Primus, apart from that, it is an excellent trading platform.
FXPrimus Forex Trader FAQs
Here is the list of FAQs related to the FXPrimus forex trader:
Is FXPrimus Safe For Trading?
Yes, the FXPrimus trading platform is safe because this online broker gets licensing from CySEC, which has a recognized name among the top regulators.
Thousands of traders from different nations are using FXPrimus for trading, making it a reliable platform.
What Is The Commission For FXPrimus?
Commission for trading at FXPrimus starts from $10 and goes higher.
It depends upon the asset you choose for a trade. However, the broker also makes income from spreads that start from 0.1 pips.
How To Open a Trading Account With FXPrimus?
The process of opening a trading account at FXPrimus is very easy.
You are only needed to bring vital documents to meet the EKYC process. A valid email address is also mandatory for opening a trading account at FXPrimus.
Can I Invest In Cryptocurrency With FXPrimus?
Yes, the FXPrimus trading platform provides crypto-currency in its wide range of tradable instruments.
Traders can choose any best-performing crypto asset by conducting a thorough market analysis at FXPrimus and start trading.
What Leverage Does FXPrimus Provide?
The leverage ratio isn’t fixed at FXPrimus.
In general, the broker offers leverage up to 1:200, which may go higher depending on your trading account and the type of tradable instruments you choose.
Does FXPrimus Have a Trading App?
Yes, FXPrimus has a trading app that offers a similar trading facility you receive on FXPrimus trading platforms on PC.
How To Contact FXPrimus Customer Care?
You can contact FXPrimus customer care via live chat support and other electronic communication modes available at the FXPrimus trading platform.
Is FXPrimus Regulated?
Yes, FXPrimus is regulated by Cyprus Securities and Exchange Commission (CySEC) and Markets In Financial Instruments Directive (MiFID).
Is FXPrimus Good For Beginners?
FXPrimus provides educational content, video tutorials, informative blogs, and demo account facility to its users, which trains beginners over numerous principles of trading.
This makes FXPrimus a brilliant trading platform for beginners.
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