FX Primus Review

MIN. DEPOSIT $100
Up to 500:1
Up to 100% BONUS
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FX Primus
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Overview

Company information   Each company in the forex industry is trying to be popular for something specific. Some offer lower taxes; other are safer. One of the safest of them… more

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Details

BrokerFX Primus
Website URLhttp://www.fxprimus.com/en/
HeadquartersLimassol, Cyprus
Support Number+357 25262084
Support Emailsupport@fxprimus.com
Support TypesPhone, Live Chat, E-mail
LanguagesEnglish, Chinese, Vietnmase, Thai, Malay, Spanish, Hungarian, Indonesian, Arabic
Minimum 1st Deposit$100
Minimum Trade Amount0.01 lots
Maximum Trade Amount100 lots (Forex&CFDs); 1,000 lots (Oil)
BonusUp to 100%
PayoutUp to 500:1
Free Demo AccountYes
Regulated Yes
RegulationCySEC
Account TypesVariable Spread, ECN Premier Spread
Deposit MethodsBank Transfer, YuuPayOut local, Visa, MasterCard, American Express, Bitcoin, Skrill, Neteller, Fasapay, UnionPay, Zeebill
Withdrawal MethodsBank Transfer, YuuPayOut local, Visa, MasterCard, American Express, Bitcoin, Skrill, Neteller, Fasapay, UnionPay, Zeebill
Types of AssetsForex, Metals, Indices, Equities
Account CurrencyUSD, EUR, GBP, SGD, PLN
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes

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Company information

 

Each company in the forex industry is trying to be popular for something specific. Some offer lower taxes; other are safer. One of the safest of them all is FxPrimus. The company starts in 2009 and since then it created a reputation which works great for the company even today. The office of the company is in Cyprus. The company’s regulation by CySEC, which is the main authority on the topic in Cyprus. The services of the company are not available for people in several countries like USA, Australia, Japan, Iran and several other nations. The firm is also in full compliance with MiFID and the Investors’ Compensation Fund. The company has registrations in Great Britain, Germany, France, Finland and other European countries. The regulators for the activities are MiFiD, which we mention and ICF.

Being one of the more secure companies in the world and the only non-Swiss brokerage firm to have ISO 27001:2005 and ISO 9001:2008. Both certificates for security and good practices.

Thanks to the outstanding levels of safety and the name in the industry which it has, FxPrimus has more clients now than ever, and their number is growing.

The company has over 100 000 traders, it is fully licensed by the European Regulatory Authority and has an award for Most Trusted Broker

 

Trading Information

 

The first instrument the company trades are currencies. The spreads are minuscule, and they go as low as 0.02. There is a huge number of currency pairs, over 40, available to the clients. All three big types of currency pairs are here – majors etc.

The next important instrument is the precious metals. With FxPrimus, the clients get the chance to trade with Gold, Silver and Copper. These are the most looked for metals and the most valuable today and all of them are available.

Energies is another instrument. Oil and crude oil are available for traders on low spreads and excellent prices.

Indices are also part of the portfolio of the company. Many different types can be chosen like USD/CNH, S&P, ND, DJ.

Equities and CFDs are another options for people to sell or buy.

Trading with commodities and stocks is also an option with FxPrimus.

 

All of these are available at very low spreads, and live spreads can be checked continuously.

 

Trading Platforms

The company offers one trading platform which clients can use. This platform is Meta Trader 4. It is the golden standard; all brokers are familiar with it, and it is the most usable and popular platform in the world. Therefore, the people in FXPrimus decides to integrate that one with their website. The platform can be used on different devices including Mac. Also, tablets and phones can be used to trade. This allows the clients to enjoy and experience the best from the trading and to have bigger chances to win from the markets. The benefits of using that platform are several – segregated clients accounts, well-regulated environment, customer support, protection and instant execution.

 

Security and Customer Service

According to the people from the company, safety is a level above all other priorities for them. That is why they use high technologies and high-speed servers so they can assure all clients they get the best and most secure service possible.

The company applies for a very active risk management program to make sure customers have the best security possible. Regulations from the European Authorities is another aspect which improves security for the customers. 24/7 support is the next big thing which helps when it comes to security. If customers want to connect the company they can use several different methods like Skype, mail, phone, live chat, email, and callback.  The website is available in several different languages like Arabic, Chinese, English, German, Hungarian, Indonesian, Polish, Romanian, Thai, and Vietnamese.

 

Clients can have a personal manager and Islamic accounts are also an option people can pick.

 

Deposits and withdraws

The methods that can be used to make a deposit or withdraw are the same for this company. There is bank to bank transfer, YuuPayOut local and global, MasterCard, Visa, American Express, Bitcoin, Neteller, Skrill, Fasapay, UnionPay, Ezeebill.

 

Most methods take one business day except bank to bank transfers which take up to 5 and YuuPayOut, which may take two working days sometimes.

When we talk about withdraws, the time frames are a bit different. They go from 1 business day to 5 with the bank to bank transfers, Fasapay, and cards. Deposits have no fees except for YuuPayOut where prices can reach 2.5% on deposits smaller than USD 10 000. Withdraw fees are not present at the moment.

The minimum size of an account is $250 and the spread is fixed. The accounts allow hedging, trailing stop, pending orders, one-click trading, mobile trading and automated trading.

 

Deposit Bonus and Loyalty Programs

100% Double Dynamo bonus is a current program which allows people to have up to 100% bonus on deposits up to $10000 and $4 cash back for every traded log.

Oil rally with spreads from 0.02, 0% fees for deposits and withdraws and no requotes.

$2 back on every lot which the clients trades. The leverage can go as high as 500:. The promotion can be applied to ECN accounts only.

Trading Titans is a promotion for the best traders. The best among them can get $25 000 and the total price is $50 000.

When it comes to gold the company offers spreads as low as 0.08 which they claim are the lowest in the industry.

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