FXPrimus Trading Account – Review, Types, Process, Benefits, Charges & moreLast Updated Date: Apr 27, 2022
Modern trading routines have started adopting electronic systems more to make trading strategic and result-oriented.
You can now thoroughly examine an asset before investing in it if you are using a correct trading account.
The trading account you use can significantly impact your buying and selling activities inside the ecosystem of trading.
Like FXPrimus Trading Account, it makes every tool and feature available to its users that they need for the best trading experience. You can also join FXPrimus.
FXPrimus Online Trading platform is considered one of the safest and reliable places to start trading.
But does the trading account that FXPrimus offers to its users deserve the same comments? Let’s find out.
FXPrimus Trading Account and Benefits
The best trading account can maximize the potential of profits from a single trade.
Such as, FXPrimus Trading Account provides every necessary tool needed to launch a successful trade.
FX Primus is a multi-asset broker launched in 2009.
The broker strives to deliver a reliable and safest trading environment to its traders, and the FXPrimus trading account is the perfect example of it.
The broker does care for its clients’ choices.
With just a small device and a decent internet connection, you are ready to start trading at the FXPrimus trading platform.
The trading account is responsive and caters to the dynamic requirements of traders.
Besides, FXPrimus provides you access to the world’s most liquid market. You are exposed to popular assets ranging from Stocks, Commodities, Indices, and Energies, only at FXPrimus.
Moreover, the facility of negative balance protection is also available inside the trading account.
Still, it is worth addressing the type of charges that brokers levies on numerous occasions while you trade at Fx Primus.
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FXPrimus Trading Account Charges
|Trading Account Charges|
|Account Type||FXPrimus||ECN Premium FXPrimus|
FXPrimus is a market-maker trading platform that predominantly generates income for itself from market spreads.
But if you want to trade CFDs assets, consider reviewing FXPrimus Trading Account charges on CFD trading.
However, commission on trade per share can vary from one asset to another.
You can trade a few assets at no charges, but some Tradable Assets are subjected to trading charges.
In addition, the broker also imposes penalties on its users for not adhering to the trading rules.
More information on the charges is outlined on the broker’s official website, such as overnight fees and other fees. However, the minimum deposit amount can also vary.
It depends upon the trading account type you choose for trading.
If you are unclear about the ideal trading account that FXPrimus makes available to its users, let’s have a look below to assess which trading account can be a perfect alternative for you.
Types of FXPrimus Trading Account
|Types of Trading Account|
|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|
Before you think about getting started with the FXPrimus Online Trading platform, let’s look at the major trading account types because these are available in multiples at FXPrimus.
In a nutshell, the Broker provides the following trading account types:
The variable account is currently the most famous account for both beginners and professionals.
With a minimum deposit of $15, you can access the variable trading account and kick-start your journey.
No commissions are charged from users in the variable account.
ECN account is the next great alternative to the Variable account.
But you are asked to deposit $1000 as a minimum deposit amount. $10 commission per lot is charged in this account.
VIP ECN is best for professional traders that anybody can access but at a condition.
Users are needed to submit $10,000 as the minimum deposit amount.
In addition, a $5 commission per lot is charged, which is low as compared to the ECN account.
However, you can access leverage in a 1:1000 ratio in this trading account and spreads as low as 0.1 pips.
Beginners can also select a micro account as it has similar features you see inside the Variable account.
Users can also access a demo account with sign-up details.
The broker doesn’t ask you for a commission or initial deposit amount to submit because the demo account is absolutely free to access.
FXPrimus Account Opening and Trading Process
If you want to open an FXPrimus Trading Account, you are first required to meet the standard criteria of account opening.
Here are the steps involved to access the trading account at FXPrimus.
- First, submit your email address and create a strong password at the FXPrimus website or mobile trading app.
- Submit documents to qualify for the EKYC process and get log-in details that you will use next.
- Install MT4 trading platform on desktop and mobile app
- Submit the log-in details (you can also take the help of FXPrimus guide on this)
- Now you are ready to start trading.
As discussed above, before you start, make sure you select an ideal trading account. In the mainstream, the broker provides ECN, VIP ECN, Variable and Micro accounts.
Each trading account has different commission charges, trading tools, and features.
Moreover, the broker also provides a demo account facility for free to its users.
If you seek practical experience of a real trading account at no charges, consider using a demo account.
But you can also start directly from the real trading account.
Simply choose the desired trading account, submit the minimum deposit amount as asked by the broker.
Explore the available assets, and start trading the favorite ones.
Users can also trade CFDs at FX Primus, including energies, stocks, and metals. More information on it can be obtained from the broker’s official website and app.
Find Different Trading Account Types of Forex Brokers
FXPrimus Trading Account – Features
|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|
Now that we have gathered all details on the FXPrimus Online Trading platform, let’s cover some features offered in the trading account by FXPrimus.
Fast Order Execution
Unlike another trading platform that you might have used before, at FXPrimus, you can execute instant orders.
A list of tradable assets is available on-screen once you log in to the trading account.
Simply click on the buy button, and an order will be placed.
Advanced Trading Tools
Advanced trading tools promote strategic executions. Charts, technical indicators, and risk-management tools are available inside the FXPrimus trading account.
Simply register yourself, and all these facilities will be available to you.
You can connect with the customer support team via multiple support channels.
But make sure you aren’t encountering issues on off-days.
The customer support team is available 24 hours a day and 5 days a week only.
The broker also makes educational tools, tutorials, and helpful guides available to its users.
Simply log in to the FXPrimus trading platform and enter the education panel.
Here, you will see blogs, video tutorials, and lots of other great educational content.
Multiple Trading Account
FXPrimus broker looks after its users’ demands.
Therefore, the broker provides a trading account in multiple ranges to ensure each trader receives a personalized trading experience.
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FXPrimus Trading Account – Conclusion
No wonder, FXPrimus Trading Account is the best alternative to start trading online. The broker provides multilingual trading facilities to its clients.
Trading accounts are also available in four different options. Demo accounts and educational resources are also offered to the registered users.
And the best thing is, you can access the FXPrimus trading account on any device.
The broker provides mobile trading apps and web-based trading platforms to its users.
Simply register yourself at FX Primus, and you are all set to enjoy the benefits of trading at FXPrimus.
For more details, you must visit the broker’s official website to clarify doubts on the FXPrimus trading account if you still have any.
FXPrimus Online Trading – FAQs
Here is the list of FAQs related to the FXPrimus online trading account:
Does FXPrimus Provide Online Trading?
Yes, FXPrimus is an online trading platform that allows you to buy and sell assets online.
Simply register yourself at FXPrimus online trading platform and start trading.
FXPrimus’s trading facilities are available to both mobile and desktop users. So you can feel fully sorted over your decision of starting trading at FX Primus.
What Are The Commission Charges In FXPrimus?
Commission charges in FXPrimus vary.
The broker doesn’t charge any commission from Micro and Variable account users.
At the same time, ECN users are charged $10 per lot. Similarly, VIP users pay a commission of $5 per lot.
Does FXPrimus Provide Demo Account Trading?
Yes, FXPrimus provides a demo account.
Anybody can use a demo account. Simply enter log-in details, and access the demo account for free.
Demo account users aren’t required to bring their real amount for investment.
The demo account comes with pre-filled virtual currency for infinity usage inside the virtual environment.
Is Trading Free At FXPrimus?
No trading isn’t free at FXPrimus.
Spreads at FXPrimus start from 0.1 slots, which is the primary income source to the broker.
At the same time, the broker charges a commission on trade per lot, which varies from one account to another.
However, Variable and Micro trading accounts are free since they are made for beginners.
Does FXPrimus Provide Spot Metals Trading?
Yes, FXPrimus does provide spot metal trading. Simply dive into the pool of markets and locate the desired asset section, e.g., Metals.
Once you find it, click on it and again give time to some research work.
Don’t decide in haste, but conduct technical analysis using the advanced tool offered by FXPrimus to its users.
Place your order and enjoy trading.
What are Spot Metals Trading Charges At FXPrimus?
Charges for each asset vary at FXPrimus, so charges on spot metals are different and may even fluctuate over time.
Does FXPrimus Provide Stock Trading?
Yes, FXPrimus provides stock trading.
Simply go to the asset section and select stocks. The broker offers an extensive list of stocks that belong to famous companies.
So choose the best asset that may get you better returns and start with buying and selling activities.
What Is Spread At FXPrimus?
Spreads value at FXPrimus can vary because it largely depends upon which asset you choose for trading.
For example, spreads start from 0.1 per lot. The value can go higher.
Therefore it is highly recommended to first check out commission, trading penalties, and spreads first on the broker’s official website before you start.
Is FXPrimus Safe For Trading?
Yes, FXPrimus is one of the safest online trading platforms.
The broker gets license from top-tier regulators in Cyprus and has been operational since 2009 successfully in the industry.
Does FXPrimus Provide Trading Tips?
FXPrimus provides trading tips on its educational pages but doesn’t provide any tips during live trading hours.
Your skills and knowledge will decide whether you will win or lose your investment in the financial market.
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