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FXPrimus is a new breakthrough MT4 and MT mobile Forex broker
Read 100% Free FXPrimus Review by Scamorno Team
FULL REVIEW OF FXPrimus
Are you looking more information about the FXPrimus Forex broker, and are they really a reliable Forex broker with a great platform like what claim on their website? FXPrimus is a global Forex broker headquartered in Cyprus. Founded in 2009, they have been offering Forex and social trading services to their traders and have proven that they are one of the best at doing it. Regardless of whether the trader is a beginner or professional, FX Primus has ensured that there are tools catered for both types of traders.
In get started on FXPrimus, most traders typically start out with a demo account to first get accustomed to the various features offered on the platform. To get started on the live account, a minimum deposit of $100 is required.
FXPrimus is a broker whose activities and conduct are regulated by the Cyprus Securities and Exchange Commission (CySEC). Hence, traders can be assured that their funds and trades are being handled professionally and inline with the standards put forth by CySEC.
Review Verdict: FXPrimus is a legitimate platform that works
How Is FXPrimus Better Than Other Brokers?
FXPrimus has achieved numerous achievements and awards throughout its years of service for the trading community. They are recognized by more than 100,000+ traders around the world as having some of the most advanced trading tools and conditions for traders to gain an edge over the market. We have also found their trading platform to be one of the safest and lowest-cost, with online trading environments providing trades for the lowest costs, starting from ZERO pips.
Some of the awards FXPrimus has obtained include Most Trusted Broker Asia by Global Brands, Best Forex Broker Europe 2019 and others as listed on their website.
Key Information about FXPrimus:
- Headquartered in Cyprus with CySEC direct regulatory oversight and with licensing authority from various regulatory agencies
- Founded in 1999 by experienced teams of hedger fund and retail traders
- Accounts can be individual, joint or corporate, with options for traditional or ECN type pricing;
- Client deposits are safely segregated from operating capital in offshore accounts with a Tier-One bank, with added protection provided by national investor compensation insurance schemes;
- Make deposits with major credit or debit cards, Skrill, bank wire transfers or a host of other local payment processing methods;
- Free demo account and Islamic accounts available;
- Trading in standard, macro and mini lots;
- Minimum deposit = USD $100 or equivalent;
- Clients from the U.S., Australia, or Japan not accepted at this time;
- Wide range of major and minor currency pairs with up to 500:1 leverage, supplemented with CFD trading in stocks, commodities, and indices;
- STP processing system ensures tight variable and fixed spread pricing;
- Tight spreads, especially with Premier ECN set up (one pip or less), without slippage or re-quotes, except possibly during high volume events;
- MetaTrader4 trading platform options: Desktop, Mobile and Web-based trading
- Sirix social trading system along with other automated trading options;
- Training materials and trading tools including alerts, pattern recognition software, MYFX console, EAs, daily commentary, and more;
- Multi-lingual support, “24X5” customers’ support, each trading day.
Review of FXPrimus Deposit Methods:
When depositing, FXPrimus processes clients’ funds through eMerchantPay and Safecharge to ensure that all transfers are kept secure. In addition, all charges and fees are absorbed by FXPrimus so clients can deposit / withdraw as many times as they wish without worrying about these charges.
There are also a wide range of options available for funds deposit. Firstly, there is the bank wire transfer option which would typically take about 2 to 5 business days to process. Another popular option is via debit and credit cards, and deposits would take around 24 hours to process through MasterCard, Visa and American Express. Withdrawals would typically take a longer time of around 4 to 8 business days. In addition, there are the options of using Bitpay, Skrill and Neteller, which would process transactions typically within 24 hours.
What Are The Spreads To Trade On FXPrimus?
Various spread levels are available to clients of different categories in FXPrimus. These vary by account balances and levels of trading activities. Institutional traders who are on Electronic Communication Networks would enjoy premier spreads, while other traders would enjoy a series of fixed and variable spreads that we have found are very competitive in the marketplace of Forex brokers.
FXPrimus also offers promotions for traders depositing from overseas to absorb fees incurred as a result of overseas transfers. Since they sponsor teams in auto-racing, their promotions are typically tied in some effect to the performance of these teams, hence you can expect better promotions when their teams do well.
Review Verdict: FXPrimus is a legitimate platform that works
Consumer Fraud Alert Regarding FXPrimus
The success of FXPrimus has given rise to many frauds who try to sell their own fake platform in its name. This is a big issue as many customers have lost their money in joining from such fake sites. It is advised that customers should be really careful when they are subscribing and should do some research before they join any website. To spot these, watch out and avoid sites that claim to write about FXPrimus, yet the writeup is completely garbage as they are created by software and spammed all over the internet. It is always better to avoid buying from any other website other than the official one. Therefore, it is highly advised that consumers do careful research, or only buy join the site from the official website here – http://FXPrimus.com/Official (link opens in a new window). The official website that they have includes the legitimate platform.
Conclusion about FXPrimus
In summary, we have found FXPrimus to be one of the top Forex brokers from Cyprus, delivering some of the most cutting edge trading tools and competitive spreads in the world of Forex trading. To qualify for lower commissions, traders can either quality through increased trading volumes or making larger deposits of $50,000+. Overall, we have found that FXPrimus delivers on their promises of seamless and low-cost trading for Fore traders of all experience levels. Hence, if you too would like to start trading on one of the safest Forex trading platforms with one of the tightest spreads around, then we highly recommend you to learn more about FXPrimus at the button link below!