FXPRIMUS Review: Regulation, Spreads & Leverage
STP/ECN broker based in Cyprus, South Africa with MetaTrader 4, a $100 minimum deposit and leverage up to 30:1 EU & 500:1 Non-EU.
- STP/ECN
- 30:1 EU & 500:1 Non-EU Leverage
Your money is at risk
In this FXPRIMUS review
FXPRIMUS overview: what kind of broker is it?
FXPRIMUS is an STP/ECN forex and CFD broker based in Cyprus, South Africa, founded in 2015. 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.
Traders get MetaTrader 4, spreads from from 0.1 pips, leverage up to 30:1 EU & 500:1 Non-EU and a low $100 minimum deposit. New clients can also check the current 100% Forex Deposit Bonus.
Tradable markets include Forex, Cryptocurrency, Commodities, Indices, Shares.
FXPRIMUS broker specifications
Company and regulation
| Broker | FXPRIMUS |
|---|---|
| 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. |
| Type of broker | STP/ECN |
| Country | Cyprus, South Africa |
| Foundation year | 2015 |
| Website | Visit FXPRIMUS website |
| Website languages | English, Chinese, Spanish, Hungarian, Indonesian, Arabic, Portuguese, Malay, Russian, Vietnamese, and Czech |
Trading conditions
| Minimum deposit | $100 |
|---|---|
| Maximum leverage | 30:1 EU & 500:1 Non-EU |
| Minimum spreads | from 0.1 pips |
| Base currencies | EUR, USD, GBP, SGD, PLN, ZAR* *Available to clients under Primus Africa (Pty) Ltd only. |
| Tradable instruments | Forex, Cryptocurrency, Commodities, Indices, Shares |
| Hedging / scalping | Allowed |
| News trading | Allowed |
| Trading in public | Yes |
Bonus and promotions
| Current promotion | 100% Forex Deposit Bonus |
|---|---|
| Welcome bonus | 100% Forex Deposit Bonus |
| Standard no deposit bonus | No |
Contact details
| Telephone | +883510080975 |
|---|---|
| support@fxprimus.com | |
| Fax | Not available |
| Head office | Zavos Kolonakiou Center, Kolonakiou, Agios Athanasios, Limassol, Cyprus |
FXPRIMUS bonus
FXPRIMUS promotes a 100% Forex Deposit Bonus for new traders. It is a simple way to test the broker's MT4 execution, spreads and withdrawal process before you add more of your own money.
How to claim the FXPRIMUS bonus
- Open a live account through the Visit Broker button.
- Verify your email, phone number and identity (KYC).
- Request the bonus from your client area or from support.
- Trade the required volume, then withdraw your eligible profit.
Bonus terms (required lots, time limit and withdrawal rules) can change at any time. Always read the latest conditions on the FXPRIMUS website before you claim.
FXPRIMUS pros and cons
Pros
- Regulated: FXPRIMUS is the brand name used by: Primus Global Ltd, r…
- 100% Forex Deposit Bonus for new traders
- Low $100 minimum deposit
- Spreads from from 0.1 pips, STP/ECN execution
- MetaTrader 4 on every device
- Islamic, mini, VIP and managed accounts
- 13 deposit methods
Cons
- Bonus comes with trading-volume rules
FXPRIMUS account types
FXPRIMUS offers several account options so beginners and experienced traders can both find a fit. All live accounts start from a $100 deposit.
| Free demo account | Yes – practise with virtual money |
|---|---|
| Mini account | Yes – smaller trade sizes for beginners |
| VIP account | Yes – for high-volume traders |
| Islamic (swap-free) | Yes – no overnight swap charges |
| Managed account | Yes |
| Segregated client funds | Yes |
FXPRIMUS trading platforms
FXPRIMUS runs on MetaTrader 4, which gives you advanced charts, more timeframes, an economic calendar and support for expert advisors. Web trading and mobile trading are both available.
FXPRIMUS deposit and withdrawal methods
FXPRIMUS supports 13 deposit methods.
Banks and cards
E-wallets
Withdrawal methods
Is FXPRIMUS safe and legit?
FXPRIMUS is a regulated broker. 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. The broker says client money is kept in segregated accounts, separate from company funds.
Our verdict on safety
FXPRIMUS is a legitimate licensed broker. Start small, test a withdrawal early and use sensible leverage.
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.
Who should choose FXPRIMUS?
Good fit for
- Traders who want MT4
- Bonus hunters testing a new broker
- Muslim traders needing swap-free accounts
- Scalpers, hedgers and news traders
Think twice if
FXPRIMUS FAQ
Is FXPRIMUS regulated?
Yes. 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.
What is the FXPRIMUS minimum deposit?
The minimum deposit to open a live FXPRIMUS account is $100.
Does FXPRIMUS offer a bonus?
FXPRIMUS currently promotes a 100% Forex Deposit Bonus for new traders. Bonus credit normally has trading-volume and withdrawal conditions, so read the latest terms on the broker's website before claiming.
What is the maximum leverage at FXPRIMUS?
Leverage goes up to 30:1 EU & 500:1 Non-EU. High leverage increases both potential profit and potential loss, so most traders use far less.
Which trading platform does FXPRIMUS use?
FXPRIMUS uses MetaTrader 4 (MT4).
Does FXPRIMUS offer Islamic swap-free accounts?
Yes. Islamic swap-free accounts are available, along with mini, VIP and VIP accounts.
How can I deposit and withdraw at FXPRIMUS?
You can use Credit/Debit Cards, Bank Wire, Skrill, Neteller, Fasapay, China Union Pay, Bitpay, Ecopayz, Giropay, Local Bank Transfer (Malaysia, Thailand, Indonesia and Vietnam) Itau.