- Excellent selection of trading platforms
- Wide array of tradeable assets
- Phenomenal customer support
- Highly safe and secure
- Only MetaTrader 4 trading platforms available
FXPRIMUS is a very safe and secure online trading brokerage with an excellent reputation by serving the international markets and providing reliable trading services to traders from around the world. The brokerage adheres to the needs of all clients of all experience levels by providing an advanced yet intuitive online trading experience in the safest online trading environment available in the forex industry. The brokerages strategy and mission statement is to provide the highest possible quality of online trading built on a three pronged approach of Safety, Technology, and Education. FXPRIMUS is very well established as they were founded in 1999 and are owned and operated by Primus Markets INTL Limited. The brokerages headquarters are based out of Cyprus and therefore FXPRIMUS is licensed and regulated by the Cyprus Securities Exchange Commission (CySEC) under the CIF license number 261/14. As well, for traders located outside of Europe, FXPRIMUS is also licensed and regulated by the Vanuatu Financial Services Commission (VFSC) under the registration number 14595. Therefore, FXPRIMUS is clearly a safe, reliable, and secure online trading brokerage, but are the trading services and investable products they provide right for you? Find out in our in-depth review where we break down all aspects of the FXPRIMUS online trading brokerage and display the results for your review.
Like most online trading brokerages, FXPRIMUS provides their traders with the ever popular suite of MetaTrader 4 (MT4) trading platforms. Traders have access to the downloadable MT4 desktop platform, the MT4 Web Terminal platform, and the MT4 mobile trading application for both iOS and Android devices. All of the MT4 trading platforms mentioned here are highly sophisticated and intuitively designed to provide the best and most secure online trading experience. Traders benefit from the platforms advanced charting package that supports one click trading directly from the charts and an extensive list of analysis tools including built in technical indicators, graphical tools, time frames, and chart types. Also, traders can use built in signal providers called Expert Advisors (EAs) to conducted automated trading via algorithmic trading strategies. While all of this may sound highly advanced, the platform and it’s features are intuitively designed making for a seamless trading experience that can easily be understood. All in all, traders will not be disappointed with the suite of MetaTrader 4 trading platforms offered by FXPRIMUS.
Traders from around the world can participate in the trading of the most lucrative financial assets including forex, precious metals, energies, equities, indices, futures, and cryptocurrencies. At FXPRIMUS, traders can participate in all of these financial markets while in the safest and most secure online trading environment. See an overview of the tradeable assets offered in these lucrative markets below.
- 4 major currency pairs
- 3 minor currency pairs
- 18 crosses currency pairs
- 19 exotic currency pairs
- Gold, Silver, Copper
- UKOIL, OIL, USOIL.sp, UKOIL.sp.
- Trade 64 of the world’s most successful companies
- Trade 13 of the world’s most famous indices
- USOIL, UKOIL, COPPER, DXA
- Trade 7 of the most popular cryptocurrency assets
Fees and Commission
FXPRIMUS offers traders highly competitive fees and commissions that vary between the assets being traded and the account type chosen by the trader. For instance, FXPRIMUS offers traders two types of trading accounts, an ECN Premium Account and a Variable Account. Both account types benefit from zero percent commissions on all deposits and withdrawals as well as zero hidden fees and commissions. See the accounts and their associated fees overviewed below.
ECN Premium Account
- Electronic communication network
- Tightest spreads available from 0 pips
- Acts as a bridge between clients & tier 1 liquidity providers
- USD 10 commission per lot
- Deep liquidity
- Variable spreads based on market conditions
- Lightning quick execution
- Zero commission trading
Security and Fairness
FXPRIMUS prides themselves as being the safest and most secure online trading brokerage available and employs the latest and greatest security measures to ensure they stay on top. As well, FXPRIMUS are licensed and regulated by two regulatory authorities being the Cyprus Securities Exchange Commission (CySEC) and the Vanuatu Financial Services Commission (VFSC). Some key security features of FXPRIMUS is the employment of negative balance protection, third-party monitoring of client withdrawals, and insurance of client funds up to €2.5 million. Additionally, all client funds are held in secured and segregated bank accounts and all transmitted data is safe and secure thanks to advanced SSL encryption technology on all transmitted data.
The level of customer care and support at FXPRIMUS is unparalleled in the online trading industry. Customers can reach support representatives 24 hours a day, 5 days a week via email, telephone, or live chat. The customer support is provided in multiple languages and is always very quick to respond with helpful and informative responses. Additionally, customers can view the websites extensive FAQ page and comprehensive education center complete with educational videos, a glossary, economic calendar, articles, and more.
FXPRIMUS is a globally recognized online trading brokerage with a strong emphasis on providing a safe and secure online trading environment. The brokerage provides traders with an entire suite of sophisticated trading platforms and unparalleled access to the tradeable financial markets. Traders at FXPRIMUS benefit from favorable trading conditions coupled with low and competitive spreads and commissions. Also, traders can rest assured they are trading in a safe, secure, and fair online trading environment. All in all, FXPRIMUS is an excellent online trading brokerage that provides a vast array of reliable trading services to both beginners and experienced traders.
The following are the common questions that customers inquired about FXPRIMUS.
Is FXPRIMUS regulated?
Yes, it is regulated by the the Cyprus Securities Exchange Commission (CySEC) and the Vanuatu Financial Services Commission (VFSC).
Is FXPRIMUS a scam?
No, FXPRIMUS is a legit broker and it’s licensed in Cyprus.
Where is FXPRIMUS based?
FZPRIMUS is based out of Cyprus with no listed headquarters address.