FXPrimus Review [2024] – Plus Free Bonuses!

Funding Methods

You can fund your account with these accepted funding methods:

Credit cards

• VISA or MasterCard
• Debit cards
• Bank Transfer.

Electronic wallets (eWallets)

• Neteller
• Skrill
• Payoneer
• SafeCharge
• TrustPay
• EmerchantPay
• Bitcoin
• UnionPay
• FasaPay
• Giropay.

Withdrawal

FXPrimus deposits and withdrawals are free of charge (including credit card and bank wire).. However third-party costs may apply. The minimum withdrawal for all the payment processors is $100.

Also, only the verified accounts can make withdrawal requests on Monday through Friday between 0700 and 2100 (GMT+2).

Trading Tools

FXPRIMUS offers a wide range of trading tools for their clients. These tools are designed to help traders make informed decisions, better trades, and save time.

The economic calendar is available for all customers to use to keep track of important news events that are upcoming. This feature also has a brief explanation of what the event is, as some events in the economic calendar have a bigger price impact than others.

They also offer a handy range of calculators, including a PIP calculator, margin calculator, and fiat currency converter.

Lastly, they have a range of educational resources, including training videos and news articles on everything from macroeconomics to technical analysis to give traders a better understanding of the markets and how to trade.

Copy Trading (PAMM) Service

For those who like automated trading, FXPrimus offers a copy trading service or PAMM.

PAMM stands for percentage allocation management module, and is a way for experienced traders to manage client funds. It’s a bit like a managed account except the funds remain in your own name and account, and the trades of the master trader are simply copied into your own PAMM account.

Whilst it might seem the perfect solution to simply copy a trader and allow them to lock in profits for you on complete autopilot, keep in mind that forex trading is still very high risk and it is still quite possible to lose money.

FXPrimus do try to provide as much information as possible about their master traders in order to help people find the best trader for them based on their track record and attitude to risk.

Find a professional trader you like the look of and simply copy their trading signals into your own account!

To learn more about their PAMM copy trading service please click here.

Customer Support

FXPrimus customer support is available 24/5. Concerns and issues can be reported through:

• Email response may be as fast as 2 minutes or up to 3 hours.
• Live chats through the Messenger app, WhatsApp, WeChat, Zalo, Line, and Telegram, where you can receive a response within 3 minutes.
• Dedicated account manager (for those that have them)

Complaints

When it comes to trading with them, some traders may have complaints. However, the majority of these are usually resolved quickly and effectively.

There are thousands of reviews of FXPrimus online and the majority are positive.

The company has been providing services since 2009, and during this time they have built up a reliable reputation in the forex industry as one of the best brokers out there.

One of the main complaints from customers is the slow speed of execution.

This can be attributed to their ECN technology, which allows traders to execute trades faster and with more accurate prices. The good news is that they are working hard to improve this issue, and in recent times they have been making strides to increase the speed at which orders are filled.

In addition, some traders have also complained about the customer service at FXPRIMUS.

While this is an area that the company could work on, it should be noted that they offer 24/7 support and a wide range of contact methods including email and live chat. This ensures that customers always have someone to contact if they have any issues or queries.

Deposit Bonus

FXPRIMUS offers a very good deposit bonus that is unmatched by other brokers. In addition to a deposit bonus, they also offer some incredible benefits if you sign up as a Trade Wise referral.

These benefits include a 100% deposit bonus, a free VPS (ideal if you a running an EA trading bot), a swap-free account, and a dedicated account manager.

These bonuses are unmatched for joining FXPRIMUS or any other forex broker for that matter!

>> Click Here To Sign Up To Claim Your FREE Bonuses!!<<

Reputation And Reviews

This is an important factor when deciding the right CFD broker to use. It’s very common for trading platforms such as FX Primus to have negative reviews because many inexperienced traders lose money.

Some users even blame the broker for their own bad trades!

With that being said, FXPRIMUS still have a good online reputation and there are many positive reviews about them.

For example, on Trustpilot, they have 69 5-star and 8 4-star reviews, giving them 77 very high reviews out of 102 total.

On forexpeacearmy, they have an average score of 3 stars out of 5 and score well on the range of services they provide, but some customers are dissatisfied with the customer service they received.

Overall, the FXPRIMUS reviews are very good with only a few customers reporting problems and complaints.

FXPRIMUS Vs FXChoice

FXChoice is another broker that traders may wish to consider when looking for a forex broker.

Unlike FXPRIMUS, FXChoice does not offer ECN technology and the spreads are slightly higher.

Additionally, FXChoice does not offer as many account types or as many trading tools and features as FXPRIMUS. Lastly, FXPRIMUS offers a better range of deposit and withdrawal options than FXCHOICE, where options are very limited.

FXPRIMUS Vs LQDFX

Another competitor to consider is LQDFX. This broker provides a great range of features and account types, including ECN technology. However, their spreads are much higher than those offered by FXPRIMUS, meaning that trading costs may be higher with this broker.

Additionally, there have been some reports of slow execution times with LQDFX, which is not the case with FXPRIMUS.

FXPRIMUS Vs Exness

Exness is a well-known broker that offers competitive spreads and fast execution times. However, traders should be aware that Exness does not offer ECN technology.

Additionally, the range of features and trading tools available at FXPRIMUS is much more comprehensive than those offered by Exness.

Lastly, the deposit bonus offered by FXPRIMUS is better than at Exness, and the overall benefits outweigh those of using Exness.

Frequently Asked Questions

In the final part of our FXPrimus review, we want to cover some frequently asked questions.

1. Is FXPrimus A Regulated Broker?
   Yes. They are very tightly regulated, primarily by the Cyprus Securities and Exchange Commission (CySEC), but they are also regulated in other countries. Here is a summary of their regulation credentials:
   – 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.
2. Can I Trade With FXPrimus In The USA and Canada?
   No. Unfortunately, they are not regulated and authorized to accept customers from the USA, Canada, Australia, France, Belgium, South Africa and Japan.
3. Can I Use MT4 With FXPrimus?
   Yes. When you open an account with the broker they will provide you with a live MT4 trading account. You can also set up numerous free demo accounts from here — https://www.fxprimus.com/en/int-demo
4. Does FXPrimus Offer Support?
   Yes. This broker offers world-class customer support. They have live support 24/7 through the website, and you will be given a dedicated account manager who is on hand to assist if they can.
5. FXPrimus Minimum Deposit?
   The minimum deposit per account is $15 (or the equivalent in your local currency).
6. Is FX Primus a MarketMaker?
   No, FXPrimus is not a market maker. They are an ECN broker, this way traders can avoid the conflict of interest that arises when dealing with a traditional forex broker, who may be motivated to trade against their clients in order to make a profit.
7. Where Is FXPrimus Headquarters?
   FXPrimus was initially called Primus Global Ltd. has headquarters in Cyprus and was founded in 2009. It has no other offices in other countries, but despite this, it has members from different parts of the world.
8. Is FXPRIMUS Swap Free?
   Yes, FXPRIMUS offers swap-free accounts for all account types. This means that traders can enjoy good trading conditions without having to worry about overnight charges or rollover fees. Only certain account types are swap-free though, so you should check their range of account types before choosing the right one for you.
9. Who Is The Best Forex Broker?
   The best forex broker is the one that best meets your individual needs. This means considering factors such as spreads, execution times, customer service, and account types when selecting a broker. Ultimately, it comes down to personal preference and what you are looking for in a broker. FXPRIMUS is definitely one of the leading brokers out there, with competitive spreads, fast execution times, and a wide range of features. Whilst they are certainly considered to be one of the best forex brokers in the world right now, they might not be right for everyone.
10. What Is The Minimum Deposit?
    The minimum deposit for trading with FXPRIMUS is $15. Certain account types have a slightly higher minimum, such as the Primus Pro account with a minimum of $100 deposit. It’s also worth noting that a demo account can be opened with zero deposit, so technically you can open an account and start trading in a test environment with zero funds being deposited.

FXPrimus charge small trading fees on each trade (known as spread). With the ECN account, this spread is very low. You may also be charged an overnight fee on open positions, known as a swap-free. However, if you sign up for an account via Trade Wise, you will receive a swap-free account and will therefore avoid this charge. There are no inactivity fees or deposit fees, but withdrawal fees may be applicable.

>> Click Here To Sign Up To Claim Your Free Bonuses!<<

Conclusion

This review of FXPRIMUS has walked you through the trading platform and what their different types of accounts can offer, depending on which trader experience level you’re in. Hopefully, this may give you enough insights to see if their user-friendly platform is suitable for your trading.

FXPrimus is well-established and safe. It has years of experience and uses updated technologies to help its members conduct smart and profitable trades. But as with all online trading brokers, you must protect yourself with knowledge and skills in trading and not just rely on broker tools and spreads. With updated knowledge and a good financial trading broker, you’ll be well on your way to online trading success.

RISK WARNING:

Please note that forex trading and trading in other leveraged products involve a significant level of risk and are not suitable for all investors. Trading in financial instruments may result in losses as well as profits, and your losses can be greater than your initial invested capital. Before undertaking any such transactions, you should ensure that you fully understand the risks involved and seek independent advice if necessary.

This information is not directed or intended for distribution to or use by residents of certain countries/jurisdictions including, but not limited to, Australia, Belgium, France, Iran, Japan, North Korea and the USA. The Company does not offer its services to residents of certain countries/jurisdictions, including, but not limited to, Australia, Belgium, France, Iran, Japan, North Korea and the USA. The Company holds the right to alter the above lists of countries at its own discretion.

UPDATE– FXPrimus no longer offers its services to South African Traders.