FXPRIMUS
Total reviews 3
No complaints yet
4.3
A popular forex broker that offers maximum opportunities for comfortable and safe trading on the financial market.
Forex broker
Official website
Social network
Date of foundation
1970
Head Office
Office 102 Zavos Kolonakiou Centre, 4103, Limassol, Cyprus
Company owner
Primus Markets INTL Limited
Types of support
[email protected]ChatHelp Center
Phone Support
Languages
Russian, English, Portuguese, Chinese, Vietnamese, Malaysian, Thai, Spanish, Czech
Terminals
MetaTrader 4, WebTerminal MT4, Platfinum API
Min. first deposit
From 100 USD
Brokerage commission
Yes
Lot size
From 0.01
Bonuses
Welcome bonus when making a deposit
Leverage
Until 1:500
Spreads
From 0.1 points
Free demo account
Adjustable
Yes
Regulators
CySEC261/14
VFSC14595
FSCA46675
Licenses
Licensed
Types of accounts
Peculiarities of trade
Safe trading in different financial markets
Order execution
Market Execution (at market price)
Methods of replenishment
BitPay, ecoPayz, FasaPay, FXPRIMUS MasterCard, Giropay, Neteller, Skrill, Webmoney, Wire transfer, Internal transfers, Bank card (Visa/MC)
Withdrawal methods
BitPay, ecoPayz, FasaPay, FXPRIMUS MasterCard, Giropay, Neteller, Skrill, Webmoney, Wire transfer, Internal transfers, Bank card (Visa/MC)
Number of assets
120+
Types of assets
Currency pairsEUR/USD, GBP/USD, USD/JPY, USD/CHF, etc.
MetalsGold, Silver, Copper, XAUEUR, XPTUSD
Energy CarriersOil, etc.
StocksMASTERCARD, GOLDMAN SACHS, APPLE COMPUTER INC, GOOGLE INC, FACEBOOK INC, YAHOO, STARBUX, etc.
IndexesDow Jones, Hang Seng, Nasdaq 100, Nikkei, etc.
CryptocurrencyETHUSD, LTCUSD, BTCUSD, BCHUSD, DASHUSD, XRPUSD, IOTAUSD
FuturesUKOIL, Copper, DXA, USOIL
CFDOil products (gasoline, oil, fuel oil, natural gas), commodities (wheat, corn, soybeans, sugar, coffee), stock indices
Account Currencies
EUR, USD, SGD, GBP, PLN
Mobile apps
There are mobile apps (iOS / Android)
Weekend trading
Depending on the type of asset
Tournaments/competitions
Regular contests with valuable prizes: Gold Rush, Oil Rally, etc.
Trader training
Quality forex training by teachers, expert advice, video lessons
Contract Difference Commission
Yes
Swaps
Yes
PAMM trading
Profitable investment in the experience of traders on a convenient platform
Analytics
Daily market reviews, market analysis by Arman Beisembaev, free signals
Margin trading
Even more opportunities for substantial income
Affiliate Program
RegistrationAdditional income from attracting traders to the platform
Advantages
Guaranteed Secure Trading Environment ("Unprecedentedly Secure Trading Environment")
Multiple licenses
A variety of trading tools
Clear terms of work with the broker
Professional training in forex trading
Multilingual technical support
Introducing technology into trading
Lightning-fast execution on accounts
No deposit or withdrawal fees
Disadvantages
Possible failures and slips in the terminals
Not all of the material is in Russian
Company requisites
Expert Advisor Trading
Allowed to trade with Expert Advisors and robots
Hedging
Allowed hedging
Date of update
February 21, 2023
Overall assessment
8.7/10
    Address
    Office 102 Zavos Kolonakiou Centre, 4103, Limassol, Cyprus

    FXPRIMUS is this a scam? Review and Reviews

    Published: 24 August 2017 Updated: 21 February 2023

    FXPRIMUS is a young, but very promising Forex broker, which does its best to ensure comfortable and profitable trading. Its clients can count on high-quality services, substantial security, stability as well as the unstoppable development of the company. The secret of success of this broker is rooted in the complex approach, which enables to provide traders with all the necessary tools for work.

    Certainly, you’d like to know whether FXPRIMUS is a scam or it’s a reliable company that deserves your trust. We’ll answer this question here below.

    FXPRIMUS was founded by a group of institutional and retail traders, who had a clear understanding of what the client needs for trading. The company pays special attention to providing security of online Forex trading. The given broker has become in terms of responsibility of trading. Today it enables the company to establish new security standards on the market. Its mission is to ensure not only the highest safety of online trading, but also to constantly implement the latest developments in the field of security. The issue of technology is also important for the broker. To protect data from hacker attacks of any level, the company uses cloud servers, which provide excellent quality of communication. These servers are located around the world, which enables the broker to ensure fast execution, low spreads and delays. It also minimizes the risk of losing money.

    Due to the comprehensive approach to training, FXPRIMUS goes beyond the usual provision of educational materials. The user receives much more: educational support throughout his trading, effective tools to make accurate decisions, resources that help to trade with better results. The productivity of clients’ work is also backed by high-quality technical and fundamental analysis conducted by authoritative experts.

    For trading the company’s clients can use one of the most reliable terminals – MetaTrader 4. That’s an indisputable standard of effective trading. It’s very popular due to its intuitive interface, advanced analysis capabilities and automated trading. This terminal will be extremely convenient for the trader of any professional level. It will give an opportunity to work with any devices, including mobile ones. In addition to this, the broker offers its own mobile application, point value calculators, economic news calendars as well as real-time quotes.

    Traders can use a free VPS (Virtual Private Server, Virtual Dedicated Server), which works effectively and around the clock, accelerating trading and ensuring the exact execution of transactions. Among the company’s advantages we should mention high-quality multilingual support, free access to advanced training resources, permanent promotions and bonuses.

    Replenishment and withdrawal of funds

    FXPRIMUS offers a variety of withdrawal and replenishment options. To replenish your trading account, you need to go through a fast registration procedure, deposit the required amount, choosing a convenient way of transferring funds (the minimum deposit is $100). To deposit and withdraw funds you can make use of up-to-date payment systems – from usual bank cards to electronic payment systems:

    • Bank transfers,
    • Credit cards,
    • Electronic payment systems (Skrill, Neteller, FasaPay, BitPay, Webmoney, etc.).

    Funds will be immediately available on the account for trading after payment. By the way, only authorized traders can withdraw funds from their accounts.

    Complaints about FXPRIMUS

    FXPRIMUS is a new broker in the Forex market. The Internet doesn’t offer many reviews about it. Nevertheless, they’re all diverse, so you can assess both the company’s weak and strong points. Among the positive things traders often point to attractive working conditions, reliability of the VPS server, profitable bonuses and promotions, a stable trading terminal, narrow spreads, excellent execution of deals, professional support managers and great scalping opportunities.

    There are also enough negative comments, which mostly point to problems with the replenishment of funds, the operation of the trading terminal (slippage, failures), support service (long answers to requests, including withdrawal issues). It’s worth noting that the company’s representative works on the thematic forums, sorting out the negative reviews. Well, it proves that the broker is concerned over the client’s opinion about the service.

    Is FXPRIMUS a scam?

    FXPRIMUS is a young broker, so it’s quite difficult to make clear conclusions about it. Later new reviews should show up. The company hasn’t demonstrated its full potential and shortcomings yet. However, notwithstanding it’s a very young company, it has already become a market leader in terms of security. The company has shown how safe trading should look like. That’s a serious recognized achievement, which speaks about the impressive work of the company. Certainly, it has nothing common with fraudulent projects, which have the opposite approach to working on the market.

    Special attention should be paid to the interesting approach to the organization of Forex trading by the broker, which is fully described on its official website (truth about Forex). That’s a complex system, which combines security and a slew of cutting-edge solutions, providing high-quality material for analytics and training. At the same time, the company has tried to fruitfully work with each component of the system to ensure the maximum efficiency. As for trading, the company provides high-quality support and tools. The technologically advanced broker has come up with reliable solutions for trading: MT4 as well as its versions for all devices and other services.

    Such a deliberate and thoughtful approach to trading became possible due to the fact that the team includes only true professionals in their field, who clearly understand the needs of the trader as well as impressive capital investments. It’s not definitely a one-day broker, created solely for the purpose of deception. FXPRIMUS has a license, which also has a positive effect on the user’s attitude towards the company. We should also note the official website of the company, which contains a lot of useful information about the company, various features of trade, trading terminals, analytics and training materials. However, there are problems here: some of the information is provided in English, so it’s difficult to find all the necessary materials (terms of trade, types of traded instruments, accounts, etc.) for those who don’t speak English.

    Can we label this company as a scam? Perhaps, we can’t. It’s a young, successful and dynamically developing broker, whose approach is being closely watched by its competitors (online trade safety issues). It has a large base of traders around the world and provides high-quality services. Nevertheless, in order to avoid problems with the broker, you should work with your personal manager in the proper way. You should specify all the necessary information about the rules of using bonuses, the withdrawal procedure, etc.

    Regulation of the broker

    FXPRIMUS is a fully licensed company with a permanent representation in the EU member state, Cyprus. It’s regulated by the Cyprus Securities and Exchange Commission (CySEC, No. 261/14), which guarantees the highest reliability and security of trading. Its activities are also authorized and licensed by the Ministry of Finance and Economic Management of the Republic of Vanuatu, the Vanuatu Financial Services Commission (VFSC, No. 14595).

    Check the license of FXPRIMUS on CySEC website
    Check the license of FXPRIMUS on the VFSC website

    Bonuses of FXPRIMUS

    Each trader of the company can count on 2 types of bonuses:

    1) A 100% bonus

    This profitable bonus will enable you to get extra funds in the amount of up to $10,000, as well as a return of $4 for each used lot. Terms of work with the bonus should be specified by the personal manager.

    2) A 30% bonus

    It’s also a profitable bonus from the broker for trading in the amount of $1500. Both new and regular customers can participate in the promotion. To get this bonus you need to replenish your account with at least $500. Terms of work with the bonus should be specified by the personal manager.

    Conclusion

    The Forex trading broker FXPRIMUS appears to be a young, but already quite successful and dynamically developing company. It’s considered to be one of the industry leaders these days. Having a large database of traders around the world and providing high-quality trading solutions, unique services to the user, it’s constantly and successfully evolving, following modern trends of working in financial markets. It terms of security this broker really has no rivals. On the Internet you can find both positive and negative reviews about the broker. The company’s representatives constantly monitor user feedback, trying to timely resolve issues. It certainly positively characterizes the broker.

    We really hope that the company will demonstrate only its positive virtues and keep improving its services. We guess it will never stop providing unique trading opportunities to its users. We should also note that the broker hasn’t shown its full potential yet. Therefore, it’s too early to make any conclusions about it. Currently, we can’t say for sure whether it’s a reliable or fraudulent company. However, the traders’ responses we are waiting for this article can change the broker’s rating. Moreover, it will also warn many people against possible problems in the future.

    Trading instruments and assets
    80%
    Withdrawal speed
    93%
    Brokerage commission
    87%
    Technical support
    80%
    4.3

    Reviews

      FXPRIMUS reviews

      3
      Add review
      • In ascending order of rating
      • In descending order of rating
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    • 4.8
      Rate your review 0
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      100%
      Brokerage commission
      100%
      Technical support
      80%
      At the time of writing this review

      At the time of writing this review, FXPRIMUS broker had all the attributes of a reliable and conscientious company – multi-lingual tech support, fresh and correct analytics, low spreads and different trading conditions, classic MT4 platform and no problems with payouts. However, in recent months, the… Read more

    • 4
      Rate your review 0
      0
      0
      Trading instruments and assets
      60%
      Withdrawal speed
      80%
      Brokerage commission
      80%
      Technical support
      100%
      I have been working with this company...

      I have been working with this company since 2016, it is a normal company. The site, yes, slows down sometimes, but it does not affect the work of the terminal, for all time I did not notice brakes in mt4. I also do not have any problems with SWIFT bank transfers. My withdrawal from my account is no big… Read more

    • 4
      Rate your review 0
      0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      100%
      Brokerage commission
      80%
      Technical support
      60%
      Hello all! Who worked with this broker...

      Hello all! Who worked with this broker and who has reviews? Please write your experience! We have started cooperation, so far the emotions are positive.

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