We have sent messages to FX Primus livechat via their website and app and recieved a response after 10 seconds. Withdrawal of money is possible at any time from the FX Primus account. You can withdraw up sums to the sum of your account balance, keeping aside the perimeter utilized. 1 thing to keep in mind is that you don’t always have to have any cash in your account.
Leverage and Margin
Yes, FXPrimus is suitable for traders of all levels, including beginners. The broker offers educational resources, free trading tools, and a variety of account options to cater to different trading needs. You can start with a demo account to practice and familiarize yourself with the platform before moving on to a live trading account. FXPrimus places a strong emphasis on providing excellent customer support, ensuring that traders can easily reach out for assistance whenever needed. The broker offers multiple channels through which clients can contact their support team. One of the most convenient options is the Live Chat feature, allowing traders to have real-time conversations with a support representative directly on the website.
How do I contact FXPRIMUS customer support?
While it creates a services gap with many competitors, FXPrimus maintains a competitive environment suited for advanced high-frequency traders who do not require research. FXPrimus is a legit and safe broker, fully compliant with two regulators. Traders at the CySEC subsidiary get an investor compensation fund, covering up to 90% of deposits up to a limit of €20,000. FXPrimus segregates client deposits from corporate funds, offers negative balance protection, and has a clean regulatory track record with over twelve years of experience.
What are FXPRIMUS spreads?
They also mentioned a PAMM account called LordBot, expressing confidence that others who join will be equally satisfied. In addition to its platform and account offerings, FXPrimus prioritizes security and regulation. The broker is authorized and regulated by reputable financial authorities, ensuring compliance with industry standards. It employs advanced encryption technology to protect client funds and personal information.
PAMM Accounts
FXPrimus has also invested in their tech infrastructure for trade processing, providing users with reliably, satisfyingly fast execution speeds. All prices are executable thanks to the broker’s use of liquidity providers and STP. Their focus on user security and data privacy https://forexbroker-listing.com/ is also reflected in their use of 128-bit SSL tech, which translates to user information being protected through high levels of encryption. They are regulated by Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID).
FXPRIMUS Review – Analysis of Brokers’ Main Features
The FXPrimus ECN Premium Account has a higher minimum deposit of $2,500. The VIP Account, designed for high-net-worth traders, requires a minimum deposit of $10,000. It’s important to note that these minimum deposit requirements may vary depending on the entity of FXPrimus that traders are dealing with. FXPRIMUS conducts independently certified financial, and compliance audits on a regular basis to ensure an unbiased, transparent, and accurate evaluation of the company’s finances.
They charge fees of varying rates for various services to make money. There are primarily 3 different types of penalties for this objective. 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. Below we take the main parts of any professional online trading platform and compare FX Primus against Startrader, and freetrade.
Overall, I think FXPRIMUS is a reliable broker with an excellent range of platforms and tools that can meet the demands of both retail and institutional clients. They have very good trading conditions including flexible account types for all of your different trading strategies. There is a generous selection of educational content for beginners and free demo accounts if you want to get a feel for what they have to offer without taking any risk. I also like how they have plenty of account funding options and do not charge any inactivity fees.
This can look like a little number, but within the year, it quickly adds to a substantial number of gains. Even though FX Primus provide you all of the tools to make money, they can’t guarantee you will profit. FX Primus protects its customers’ private and sensitive information under SSL encryption. The process is effortless and quick, with various payment methods at your fingertips. The overall average of email support provided by FX Primus was acceptable. We have tested communication through FX Primus support in a variety of languages across multiple countries.
In order to claim the sign-up bonus, a Trader must deposit a minimum of $500 USD. Trading with a regulated broker will limit the potential for fraud and malpractice. I always recommend traders to check for regulation and verify it with the regulator by checking the provided license with their database. FXPrimus presents clients with two regulated entities and maintains an overall secure trading environment. Experienced customer support representatives will deal with your questions within a four-minute time limit in a variety of languages during every market day in your respective time zone, 24/5.
FXPRIMUS is a safe and simple platform licensed by CySEC, FSCA, and Vanuatu Financial Services Commission. This can take 5 minutes to 5 days to be processed, depending on the trader’s preferred withdrawal method. The FXPrimus broker still makes efforts to welcome first-time traders with short videos and texts. The broker provides eleven video lessons to help fxprimus review new traders through the account opening process, verification, and financing. The videos include an easy guide on installing the MT4 trading software and the sign-up process. FXPrimus offers a competitively structured fee arrangement, marked by an absence of inactivity fees and average commission costs, although specific spread costs are not provided.
Primus Global, the CySEC-licensed entity, acts as the headquarters for the group and Primus Solutions Ltd (HE ), Primus Global Ltd (HE ), and Primus Support Ltd (HE ). All three may provide services to Primus Global and Primus Markets INTL, the Vanuatu subsidiary. Hi Narender Malik,We’re sorry to hear that you are facing this issue.To protect your privacy, please reach out to our team and we’ll happily review any issues you may have faced.
Traders may use a desktop client, a lightweight, web-based alternative, and a mobile app. FXPrimus maintains the necessary infrastructure enabling all strategies, especially if traders have proprietary tools. In a nutshell, FX Primus is a highly regulated ECN broker those supports multiple trading instruments and uses MT4 based trading platforms for its clients. However, as it is an ECN broker, performance for all trading will not be the same. And for that reason there are lots of online reviewers who claim FX Primus a scam due to their improper selection of instruments.
- The different platform options provide quick and easy access to your trading account from anywhere in the world at any time of day.
- Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running the latest version of macOS to test trading on the go.
- Another feature worth noting is its availability in 3 languages; English, Arabic, and Chinese.
- He is a recognized expert in the forex industry where he is frequently invited to speak at major forex events and trading panels.
✅To comply with requirements, upload the needed papers, which include a government-issued ID and proof of address. ✅Click the “Open Account” button, then fill out the online form with your personal information. This contains your full name, email address, phone number, and country of residence.