What is FXPRIMUS?
Broker overviewFXPRIMUS is an STP / ECN forex broker founded in 2015 and based in Cyprus, South Africa. It offers forex, cryptocurrency, commodities, indices, shares on MetaTrader 4 (MT4).
FXPRIMUS is regulated by FXPRIMUS is the brand name used by: Primus Global Ltd, regulated by CySEC, with licence no. 261, 14. Primus Markets INTL Limited, regulated by VFSC, with registration no. 14595. Primus Africa (Pty) Ltd, regulated by FSCA, with licence no. 46675.. Its listed office is Zavos Kolonakiou Center, Kolonakiou, Agios Athanasios, Limassol, Cyprus.
This review explains what you actually get: how safe the broker is, what trading costs look like, how deposits and withdrawals work, what the FXPRIMUS bonus offers, and who the broker suits best.
- ✓Regulated since 2015 by FXPRIMUS is the brand name used by: Primus Global Ltd, regulated by CySEC, with licence no. 261, 14. Primus Markets INTL Limited, regulated by VFSC, with registration no. 14595. Primus Africa (Pty) Ltd, regulated by FSCA, with licence no. 46675., with segregated client funds.
- $Cost to start: $100 minimum deposit and spreads from From 0.1 Pips.
- ⚡Flexible trading: leverage up to 30:1 EU & 500:1 Non-EU, hedging, scalping and news trading allowed.
- %Bonus: 100% Forex Deposit Bonus, no no-deposit bonus.
Our short verdict
FXPRIMUS stands out for strong multi-regulation, an affordable $100 minimum deposit and tight spreads from From 0.1 Pips. The main thing to watch: no no-deposit bonus.
More about FXPRIMUS
Broker FXPRIMUS Review
FXPRIMUS provides online trading and execution services to retail and institutional clients worldwide. FXPRIMUS offers 120+ tradable financial instruments, across 7 asset classes. These are primarily foreign exchange (FX), cryptocurrencies, commodities, indices and global equities.
The broker also provides training and educational courses through the Primus Academy, a training school that offers online FX courses and education services including seminars, online educational products, and coaching portals to existing and new clients, as well as the general public. The company offers an FX marketplace for retail clients, including investors, day traders, high-net-worth individuals, and quasi-institutional investors.
FXPRIMUS Trading Platform
FXPRIMUS offers its traders the world renowned MT4 trading platform. MetaTrader 4 is suited to traders of all levels, accompanied by advanced charting features, technical research tools, and the capability to work with various automated trading strategies.
Its user interface is simple enough for any beginner trader to comprehend while the wide array of integrated tools on the platform ensures that experienced traders can conduct in-depth market analysis. A few of the key features of the MT4 platform include support for multiple languages, one-click trading, automated trading and extensive charting.
FXPRIMUS Account Types
FXPRIMUS offers 3 main types of trading accounts, FXPRIMUS Variable (STP), FXPRIMUS Premium ECN and the FXPRIMUS VIP account.
FXPRIMUS Company Regulations
FXPRIMUS is the brand name used by:
Primus Global Ltd, regulated by CySEC, with licence no. 261/14.
Primus Markets INTL Limited, regulated by VFSC, with registration no. 14595.
Primus Africa (Pty) Ltd, regulated by FSCA, with licence no. 46675.
FXPRIMUS Dependability
FXPRIMUS is setting new standards in the safety of client funds by partnering with Boudica Client Trust to introduce third-party monitoring of client withdrawals. This ensures that withdrawal requests are executed as quickly and efficiently as possible.
As an added safety measure, FXPRIMUS has introduced a client fund insurance of €2.5million, which is offered for free to all clients. In addition, FXPRIMUS offers all clients Negative Balance Protection (NBP) so that they may never incur any losses that exceed their account balance. Learn more about the protection offered by FXPRIMUS by clickin
FXPRIMUS Has Some Useful Promotions
*Certain products & services may not be available to all clients depending on which FXPRIMUS Group entity their trading account adheres to.
The incredible FXPRIMUS 100% deposit bonus is applicable on deposits of up to $10,000. Additionally, FXPRIMUS offer up to $4 cashback for every lot traded!
Just to show how much they value our traders, FXPRIMUS offers an exclusive 30% bonus, giving up to $1500 to both new and existing traders. Amplify your trading experience with this bonus simply by depositing a minimum of 500 USD.
Crude Oil prices have a huge impact across many instruments, including Indices, Stocks, Currencies and other Commodities. As Oil is the main source of energy worldwide, markets are very volatile with extensive market movement. Sign up today and take advantage of the volatility, with FXPRIMUS’ low crude oil and spot oil spreads.
FXPRIMUS is offering traders some of the lowest spreads in the industry. As gold is the most traded metal as a hedge or safe haven alternative, FXPRIMUS decided to offer their clients the opportunity to take advantage of gold movements with razor-thin spreads and excellent trading conditions.
Have you lost money with another broker? Prove it and FXPRIMUS’ll reimburse you!
Have you lost money due to excessive slippage, re-quotes, gaps in the market, hacked accounts or lost or misplaced deposits/withdrawals by your current broker?
Complete the registration form and open a live account with FXPRIMUS. If the FXPRIMUS specialists determine your broker was at fault, they’ll reimburse your losses!
Trading Accounts at FXPRIMUS
FXPRIMUS offers its traders the opportunity to test its services before starting with a Live Account! They’ve also written an ‘Ultimate Guide to Demo Accounts’ to give new traders a wealth of information before they begin their trading career!
Aside from the Demo accounts, FXPRIMUS offers Standard, ECN and VIP accounts to its traders! That however isn’t all that’s available. PAMM* and MAM* accounts are available to traders who don’t have the time or experience to begin their trading career. To find out more, check out their website!
*The products advertised are only available to clients under Primus Markets and Primus Africa.
FXPRIMUS Customer Support
The customer support service at FXPRIMUS is open 5 days a week. Customers can speak to the support team through email, chat or the telephone. The support service is also provided in multiple different languages.
Is FXPRIMUS safe and regulated?
FXPRIMUS is supervised by 8 authorities. Our listing shows these licences:
| Regulator | Region | What it means for you |
|---|---|---|
| FXPRIMUS is the brand name used by: Primus Global Ltd | — | Licence listed for this broker. |
| regulated by CySEC | — | Licence listed for this broker. |
| with licence no. 261 | — | Licence listed for this broker. |
| 14. Primus Markets INTL Limited | — | Licence listed for this broker. |
| regulated by VFSC | — | Licence listed for this broker. |
| with registration no. 14595. Primus Africa (Pty) Ltd | — | Licence listed for this broker. |
| regulated by FSCA | — | Licence listed for this broker. |
| with licence no. 46675. | — | Licence listed for this broker. |
Client money is held in segregated accounts, separate from the company's own funds. Before you sign up, check which FXPRIMUS company will hold your account, because protection levels can differ between regions.
FXPRIMUS account types and trading conditions
These are the main trading conditions listed for FXPRIMUS. It offers Islamic, mini, VIP, managed accounts.
| Feature | FXPRIMUS |
|---|---|
| Minimum deposit | $100 |
| Minimum spreads | From 0.1 Pips |
| Max leverage | 30:1 EU & 500:1 Non-EU |
| Execution | STP / ECN |
| VIP accounts | Yes |
| Mini accounts | Yes |
| Swap-free (Islamic) | Yes |
| Managed accounts | Yes |
| Free demo account | Yes |
| Strategies allowed | Hedging, scalping, news trading |
FXPRIMUS trading platforms
FXPRIMUS supports MetaTrader 4 (MT4). MetaTrader 4 remains the favourite for forex and Expert Advisors.
Web and mobile trading
Web trading: Yes. Mobile trading: Yes. Markets available: Forex, Cryptocurrency, Commodities, Indices, Shares. The website is available in English, Chinese, Spanish, Hungarian, Indonesian, Arabic, Portuguese, Malay, Russian, Vietnamese, and Czech.
FXPRIMUS deposit and withdrawal methods
FXPRIMUS accepts these deposit methods:
- Credit/Debit Cards
- Bank Wire
- Skrill
- Neteller
- Fasapay
- China Union Pay
- Bitpay
- Ecopayz
- Giropay
- Local Bank Transfer (Malaysia
- Thailand
- Indonesia
- Vietnam) Itau
- Giropay
Withdrawals are available by Credit/Debit Cards, Fasapay, China Union Pay, Bank Wire, Local Bank Transfer (Malaysia, Thailand, Indonesia), Skrill, Neteller, Ecopayz, Giropay, Itau Refunds: Credit/Debit Cards, Yandex, iDeal, Sofort, Trustpay, Bitpay..
Accounts can be held in EUR, USD, GBP, SGD, PLN, ZAR* *Available to clients under Primus Africa (Pty) Ltd only.. Choosing the currency you deposit in avoids conversion fees. Your account must be verified (ID and proof of address) before the first withdrawal.
FXPRIMUS bonus and promotions
These are the promotions listed for FXPRIMUS:
FXPRIMUS's welcome offer for new clients. Check the broker's terms for trading volume and withdrawal conditions.
FXPRIMUS no deposit bonus: FXPRIMUS does not offer a no deposit bonus. See our up-to-date list of forex no deposit bonus offers. Every offer has volume and time conditions, so read the terms first.
FXPRIMUS pros and cons
Pros
- Regulated by FXPRIMUS is the brand name used by: Primus Global Ltd, regulated by CySEC, with licence no. 261, 14. Primus Markets INTL Limited, regulated by VFSC, with registration no. 14595. Primus Africa (Pty) Ltd, regulated by FSCA, with licence no. 46675. (since 2015)
- Affordable $100 minimum deposit
- Spreads from From 0.1 Pips
- MT4 trading
- Hedging and scalping allowed
- News trading allowed
- Islamic, mini, VIP, managed accounts
Cons
- No no-deposit bonus
- Trading terms can differ by region and group entity
- CFD trading carries a high risk of losing money
How to open an FXPRIMUS account
- RegisterClick "Visit Broker" and fill in your name, email, country and password.
- Verify your profileUpload a passport or ID card and a recent utility bill or bank statement.
- Choose an accountPick the account type, base currency and leverage that suit you.
- Fund and claim the bonusDeposit from $100 and opt in to the promotion if your region qualifies.
- Start tradingLog in to MT4. Practise first on a free demo account.
FXPRIMUS customer support and contact
These are the contact details we have on file for FXPRIMUS:
FXPRIMUS review FAQ
Is FXPRIMUS a regulated broker?
What is the FXPRIMUS minimum deposit?
Does FXPRIMUS offer a no deposit bonus?
What is the maximum leverage at FXPRIMUS?
Which platforms does FXPRIMUS support?
Is FXPRIMUS good for beginners?
Final verdict: should you trade with FXPRIMUS?
FXPRIMUS scores 4.3 out of 5 in our review. Its strongest points are strong multi-regulation, an affordable $100 minimum deposit and tight spreads from From 0.1 Pips. Keep in mind: no no-deposit bonus; trading terms can differ by region and group entity.
If your main goal is a free no-deposit bonus, FXPRIMUS is not the right fit. Compare it with other options on our best forex brokers page before deciding.