FXPRIMUS Reviews Read Customer Service Reviews of fxprimus com
They also provide demo accounts if you would like to test the trading platforms and conditions before opening a real account. I like the trading environment at FXPrimus for high-frequency traders in the Primus Zero account, which offers highly competitive trading conditions. The asset selection is small but suits traders who require few but liquid assets, while FXPrimus provides MT4, MT5, and cTrader. Only MT4 is available for the Primus Zero account, where this broker ranks among the leading providers amid high leverage and low costs. FXPrimus is an execution-only broker focused on the core trading environment. It does not offer value-added services but caters to its core market well, making it a good broker for scalpers.
FXPrimus offers the core MT4, MT5, and cTrader trading platforms but does not provide any MT4/MT5 plugins necessary to upgrade the out-of-the-box versions to cutting-edge trading platforms. All three fully support algorithmic trading and have embedded copy trading services. Traders may use a desktop client, a lightweight, web-based alternative, and a mobile app. FXPrimus maintains the necessary infrastructure enabling all strategies, especially if traders have proprietary tools. Based on our research, FXPrimus offers great trading conditions suitable for both beginners and advanced traders with a good reputation and a decade of proper operation.
- That being said, FX Primus has some of the most competitive spreads and commissions available to the average retail forex trader.
- Designed education allows better provision and quality online trading, which FXPrimus recognizes as an essential part of success.
- FXPrimus explains its products and services well, but an FAQ section is unavailable.
- It is a scam platform I put my money in and then they said I had to put in another 7 thousand in to get my money out, a massive scam don’t know how the criminal system has not taken them out for fraud.
- The MT4 web platform does not require any downloads and is always up to date whilst the mobile trading app is ideal for trading on the go.
- We also marked relatively low trading fees as compared to other brokers in the market which makes the broker a highly attractive option, especially amongst beginner traders.
I have been trading with this trade company for quite some time now, and I can confidently say that they are one of the best in the industry. One of the best platform when it comes to providing an opportunity to traders. Specially creates environment where, small investors or retail traders could sustain and on how to trade and how can it be sustainable for longer term which is the best of it. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.
The VPS is free if you have a trading account with a balance of at least $500 and trade 5 or more standard lots 30 days from activation. In addition to this, they run strict tests of services with a risk management model to try and ensure that clients do not end up with a negative balance position. So together with advanced learning materials, the company specialists deliver various Research tools and materials.
For the best trading experience, use the fastest speeds and the FIX protocol. This special solution provides direct market access to the clients who prefer to use the FIX Protocol for the most personalised trading experiences. Forex, Equities, Indices, Commodities, Energies, and Cryptocurrencies are all traded on MT5. This free trading platform offers a wide range of Order Options, Technical Indicators, Timeframes, Graphical Objects, and other features not found on MT4.
- I like the trading environment at FXPrimus for high-frequency traders in the Primus Zero account, which offers highly competitive trading conditions.
- Definitely, nowadays it is almost impossible to imagine trading without a mobile trading platform, as it allows you to monitor and stay updated with the situation whenever you are.
- Self-confessed Forex Geek spending my days researching and testing everything forex related.
- We do not present any investment advice or guarantees for the accuracy and reliability of the information.
- FXPRIMUS has a good selection of account types suitable to different styles and needs of traders.
platforms operate nine websites without authorization, CNMV said in a statement
released on Monday. There is a short online form to complete and you will need to verify your email. You will then need to upload a form of identification and proof of address. Once primus fx verified by the accounts team you will then be able to fund your account and start trading. I completed it within minutes and had an email right away with my login details. It is great that the whole process is done online but also expected in today’s day and age.
You can diversify your portfolio with the indices offered including the S&P500 CFD, Nasdaq 100 CFD and Dow Jones CFD. An index is a statistical measure of changes in a portfolio of stocks representing a portion of the overall market. Index trading is for those with a keen eye for changes in a certain sector or a group of stocks. Regulation across multiple jurisdictions helps to give traders confidence that they are trading with a reputable and trustworthy broker that must uphold the highest of standards. I don’t have any problem with the regulations in place and trust them with my funds.
Mobile Trading Platform
All three may provide services to Primus Global and Primus Markets INTL, the Vanuatu subsidiary. FXPrimus is a legit and safe broker, fully compliant with two regulators. Traders at the CySEC subsidiary get an investor compensation fund, covering up to 90% of deposits up to a limit of €20,000. FXPrimus segregates client deposits from corporate funds, offers negative balance protection, and has a clean regulatory track record with over twelve years of experience.
FXPrimus explains its products and services well, but an FAQ section is unavailable. This could result in beginner traders engaging with customer support more than usual. The former has eleven video tutorials, which guide beginner traders through the account opening, verification, and funding, installing the MT4 trading platform and registering as a partner. According to the Spanish
financial watchdog, the unauthorized websites include pepperstoneld.com operated by
‘Pepper Stone Ltd’, primusfx.net operated by PRIMUS FX and exteom.com/en/ run
by WIRRERIUM LLC. The other websites include forzatrade.io, forzatrade.net,
forzatrade.org and forzatrade.world, which are all operated by FORZATRADE; and itradersfx.com
operated by ITRADES FX LTD. Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey.
It creates unrealistic trading expectations, and the absence of trading psychology negates the educational value. I like the Primus Zero account, as it offers high leverage and a very competitive commission-based pricing environment with raw spreads of 0.0 pips for a commission of $5.00. The minimum deposit requirement is $1,000, but I think it is well worth it for high-frequency traders. The ECN (Electronic Communication Network) premium account requires a minimum deposit of at least $500, has the tightest spreads starting from 0 pips and charges a competitive commission on trades of $5.
FXPrimus caters to many international traders except residents of Australia, Belgium, France, Iran, Japan, North Korea, and the USA. It is a scam platform I put my money in and then they said I had to put in another 7 thousand in to get my money out, a massive scam don’t know how the criminal system has not taken them out for fraud. Miss Niray the BS Manager of FXPRIMUS has help me to resolve all the issues pertaining to opening my new account. It is a special case however she managed to do it with ease within a few days.
You may even open a small real live trading account to test the real trading conditions at FX Primus. Definitely, nowadays it is almost impossible to imagine trading without a mobile trading platform, as it allows you to monitor and stay updated with the situation whenever you are. FXPrimus MT4 Mobile platform also please us with a range of technical analysis and chart option features it offers, so you may customize the already good design of the mobile platform.