fxPrimus is an international forex broker that has been around for a long time. Founded in 2009, The company fxprimus currently serves retail and institutional traders. They are headquartered in cyprus, registered under CySEC with license number HE 337614. . They have served clients from different parts of the world and are recognized as a safe place to trade.
FXPrimus offers a variety of trading account instruments and options to create a flexible trading experience tailored to client needs. The trading instruments offered include major, minor, crossover and exotic currency pairs. In addition, there are also other instruments such as indices, stocks, energies or commodities through CFDs. Clients’ trades are carried out via the already popular MetaTrader 4/5 platform and it comes in web, desktop and mobile variations.
# Is fxPrimus Broker Have Tight Spread ?
Like most brokers in the world today, fxPrrimus takes advantage of the spread which is the difference between the buying and selling price of a trading instrument. The company does not take advantage of losses incurred by clients, so the company does not have a conflict of interest with the trader. The fxPrimus broker has thin spreads and low trading commissions. Even though the spreads offered by FXPrimus are not as thin as those of IC Markets and Exness brokers, many traders are willing to pay them because of the comfortable trading conditions they offer. The spreads that fxPrimus offers are from 0.1 pips and a trading commission of $ 10 per standard lot.
# fxPrimus Account Types
The FXPrimus broker offers several types of trading accounts which are designed for both novice and experienced traders. Traders can choose according to their desired needs. Here are some types of trading accounts offered by fxPrimus.
- Demo Account
The FXPRIMUS demo account offers novice traders the opportunity to hone their trading skills, while for experienced traders it can be used as a test trading robot or EA so that they can become successful and confident traders.
- Variable Account
Trade forex, commodities, energies and indices via the FXPRIMUS Variable Account. Traders can find a safe and direct trading environment. Variable Account holders, will have access to unlimited free educational resources and a variety of exclusive trading tools. The spreads on offer start from 1.5 pips, maximum leverage of 1: 500 and trade without commission. In addition, there is also a swap-free account on this variable type account.
- ECN Premium Account
The FXPRIMUS ECN Premium Account is for more experienced clients and has an investment size of over USD 500.ExN Premium Account holders will have access to unlimited free educational resources and a variety of exclusive trading tools supported by their trading strategies with access to financial trading seminars informative weekly. The spreads on offer start from 0.1, leverage 1: 500 and a trading commission of $ 10 per standard lot.
# fxPrimus Account Comparison
|Minimum lot size||0.01||0.01|
|Size per lot||100.000 Unit||100.000 Unit|
|Account currency||USD, EUR||USD, EUR|
|Spreads||From 1.5 Pips||From 0.4 Pips|
|Decimal Price||5 Digits||5 Digits|
|Instrument||Forex, Metals, CFDs, Index, Ekuitas||Forex, Metals, CFDs, Index, Ekuitas|
|Trading Platform||MT4, Web Trader, Android, iOS, fxPrimus Trader||MT4, Web Trader, Android, iOS, fxPrimus Trader|
# fxPrimus Regulation and Safety
Is FXPrimus a scam or a legit broker? find out more information about FXPrimus broker regulations to ensure that FXPrimus is a legitimate broker. fxPrimus is a forex broker with operations in 188 countries including countries in Europe, Asia, Oceania and Africa. fxPrimus is regulated and supervised by leading organizations such as CySEC, VFSC and FSCA. This means that fxPrimus is regulated and supervised by the regulatory body CySEC, VFSC and FSCA in conducting its business. Deposited customer accounts will be separated from company funds, this provides security for customers in risk-prone industries.
# fxPrimus Trading Platfoms
fxPrimus offers their clients trading via the popular platforms metatrader 4, metatrader 5 and Web Trader. The metaTrader 4 and 5 platforms are downloadable platforms for desktop and mobile devices on Android and iOS. Meanwhile, the web trader is a trading platform that can be accessed via a browser on the client’s PC.
# Deposit and Withdrawal Options
There are many methods for making deposits and withdrawals at the fxprimus broker, clients can deposit via Visa, Mastercard, BitPay, Skrill, Neteller, FasaPay, TrusPay and Bank Wire. Most deposits are completed immediately without any fees on the deposit. For clients who are going to make a withdrawal, the client can use the same method when making a deposit, most of the withdrawals are completed within 1 day (24 hours). fxPrimus also does not charge additional withdrawal fees.
# Customer Support
fxPrimus has a support department that operates 24/5 to assist their customers. Customers can contact them by phone, email and live chat. The languages available are Indonesia, Malaysia, Filiphina, English, Thai, Spanish, Chinese and Vietnamese.
# Advantages of trading with fxPrimus
The fxPrimus broker has many advantages that are favored by traders around the world. What are the advantages of trading at the fxPrimus broker ? here’s what you need to know
- Leverage Up to 1: 500
fxPrimus provides clients with a leverage of 1:30 to 1: 500.
- Negative Balance Protection
fxPrimus provides negative balances for clients.
- Separate Account
To increase the security of customer funds, fxPrimus also provides separate accounts
- Deposits and Withdrawals
fxPrimus does not charge fees for deposits and withdrawals
- Educational Content
fxPrimus provides a wide range of forex analysis, webinars, forex news and daily market analysis which can be easily accessed on their website.
- No Trading Commission
There is no trading commission on fxPrimus trading accounts
- Tight Spreads
fxPrimus provides tight spreads from 0.4 pips on ECN accounts.
- Customer Support
There is 24/5 hour live assistance and you can reach them by phone, email and live chat