- How to open FXPrimus MT4 Forex account?
- FAQs of FXPrimus’s service and trading conditions
- What is FXPrimus
- How much do I need to start trading Forex and CFDs with FXPrimus?
- How much is the cost to trade Forex with FXPrimus?
- Is FXPrimus’s demo account free? How long can I use it?
- Why do I need to submit documents to FXPrimus?
- How to open corporate (company) FX trading account with FXPrimus?
- How much could I lose by trading Forex and CFDs with FXPrimus?
- FXPrimus’s Variable Spreads and ECN Premier Spreads account types. Which one is better?
- Can I use MT5 to trade with FXPrimus?
- Why I don’t see any bonus promotions in FXPrimus official website?
- Is there any prohibited trading methods such as scalping, hedging and arbitrage?
How to open FXPrimus MT4 Forex account?
Are you interested in opening an account with FXPrimus and start trading over 120 financial markets?
Here we will show you how to open FXPrimus’s live trading account and start trading.
1. Complete online registration for free
To open FXPrimus’s live (or demo) Forex trading account, go to FXPRIMUS Official Website first.
Then click on “OPEN A NEW ACCOUNT” to go to the online registration page.
In the next page, you can start filling the blanks to start your registration.
You can open accounts (both live and demo) with FXPrimus for free.
Once you complete the online registration, you will receive emails from FXPrimus, which contains login credentials for FXPrimus’s secure client portal and MT4 trading account.
Now, login to FXPrimus’s client portal from FXPRIMUS Official Website.
2. Complete account verification
To enable all options in FXPrimus’s client portal, you need to verify your account with documents.
The account verification is also required in order to withdraw funds (profit) from your trading accounts.
To verify your account with documents, login to the client portal from FXPRIMUS Official Website.
Then go to “Profil” and “Documents” as below.
There are 2 types of documents that you need to submit in order to verify your account information.
1. Colour Copy of Identification
Please upload a GOOD QUALITY, COLOUR COPY of your Proof of Identification.
This has to be a government issued ID with a photograph and your name on it such as a valid passport, national identification card, driving license or any other government issued ID.
Your photograph, personal details, signature, issue and expiry dates and ID number should all be clearly visible on the copy you upload.
2. Colour Copy of Proof of Residence
Please upload a Proof of Residence that is NOT more than 6 months old.
It can be a driver’s license, utility bill or bank, credit card bill or statement.
Your address on the bill should match the address you typed in the “PERSONAL INFORMATION SECTION” and please remember that the bill should be dated within the last 6 months.
3. Make a Deposit
To start trading in your live (real) trading account, you need to make a deposit before start trading.
If you are using a demo account with virtual money, then you may skip to the next step.
To make a deposit, go to “Fund Account” and choose the category of funding methods from the list as below.
FXPrimus offers a wide range of convenient local and international funding methods to suit your needs.
Each funding method has been specifically chosen with the client in mind, and FXPrimus also covers any extra costs in order to keep your funding journey as efficient and as easy as possible.
Browse through the funding categories on this page and click on the method that suits you the best.
Deposit with FXPrimus to enjoy your unparalleled safe trading journey.
4. Download FXPrimus MT4
FXPrimus’s client portal is where you can manage your accounts and funds.
For the actual trading activities, you need to login to FXPrimus MT4 trading platform.
FXPrimus MT4 (MetaTrader4) can be downloaded from FXPRIMUS Official Website for free.
FXPrimus MT4 is compatible with any popular devices such as MAC, Windows, Android, iPhone and iPad.
Login to FXPrimus MT4 with the provided “account number”, “password” and “trading server name” (or address).
5. Trade Forex and CFDs
On FXPrimus MT4, you can trade over 120 financial markets.
All of the markets into one platform and one account, thus you can easily monitor all markets together and diversify your strategy and portfolio.
The available financial markets are Forex, Precious Metals, Oils, Stock Indices, Stocks and Cryptocurrency pairs.
The trading conditions of each symbol and market can be found in FXPRIMUS Official Website.
FXPrimus also runs various bonus promotions for investors.
For the list of bonus promotions run by FXPrimus, visit the page here.
FAQs of FXPrimus’s service and trading conditions
Do you have any questions about FXPrimus’s service?
We have picked up some of the most popular frequently asked questions about FXPrimus below.
1. What is FXPrimus?
FXPrimus is an investment firm and an online Forex broker, authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC).
With FXPrimus, you can invest in Forex and CFDs through MT4 trading platforms.
For more information about FXPrimus’s service, visit the page here.
2. How much do I need to start trading Forex and CFDs with FXPrimus?
To start trading Forex and CFDs with FXPrimus, you need to deposit at least $1000.
$1000 is the required minimum deposit amount for the “Variable Spread Account Type”.
For “ECN Premier Spread Account Type”, you need to deposit at least $2500 to start trading.
For the VIP trading account with extra benefits, you need to deposit at least $2500.
3. How much is the cost to trade Forex with FXPrimus?
The cost that you need to cover, starts from when you start trading with FXPrimus.
With FXPrimus, you can open accounts, download MT4 platforms and make deposits and withdrawals without any fees.
FXPrimus even covers incurred fees for fund deposits and withdrawals.
The type of costs include the spreads, trading commissions (only for the ECN variable spreads account type) and swap points.
All trading costs including spreads and commissions are always visible in real time on FXPrimus MT4.
The overall costs are very small, making FXPrimus a broker where you can save money by trading Forex.
4. Is FXPrimus’s demo account free? Any expiration dates?
FXPrimus’s demo trading account is free to open.
The number of demo trading accounts you can open with FXPrimus is also unlimited.
You can use FXPrimus’s demo for 30 days from the date of account opening.
FXPrimus’s demo account has the same trading conditions and the market price feeds as their live accounts.
To open FXPrimus’s demo trading account, go to the registration page.
5. Why do I need to submit documents to FXPrimus?
At FXPrimus, safety is the mantra, and FXPrimus makes every effort to ensure that all clients undergo a fair, efficient and effective trading experience.
As a regulated and licensed FX broker, it is also FXPrimus’s duty to complete KYC (Know Your Customer) procedure.
The KYC requires the 2 types of documents which are copies of ID and POA (Proof of Address).
With any other regulated brokers, you will be required to submit the documents to complete the account verification.
You can submit the documents from FXPrimus’s secure client portal.
6. How to open corporate (company) FX trading account with FXPrimus?
To open a corporate (company) Forex trading account with FXPrimus, you as a CEO of the company, first need to signup from the account opening page.
Then, you need to submit the following documents to FXPrimus team.
- FXPRIMUS Account Opening Questionnaire
- Certificate of Incumbency OR Good Standing
- Certificate of incorporation
- Certificate of directors
- Certificate of shareholders
- Memorandum and articles of association
- Certificate of Registered Address
- KYC (Passport and utility bill) of ALL Directors up to a Physical Person
- KYC (Passport and utility bill) of ALL Shareholders (with equal to/ greater than 25%) up to a Physical Person
- KYC (Passport and utility bill) of Authorized Representative
- Declaration of trust (if the authorized person is opening the account)
For more information about the application for corporate accounts, please contact FXPrimus support team.
7. How much could I lose by trading Forex and CFDs with FXPrimus?
With FXPrimus, you will nose more than you deposit with.
As the safest place to trade Forex, FXPrimus supports NBP (Negative Balance Protection) for all trading accounts.
FXPrimus’s NBP is triggered when the account balance goes negative, and it fixes the balance to zero so investors can start without owning any debts.
FXPrimus provide high leverage 1:500 and many bonus promotions which let you increase the trading volume, and ensures that the maximum loss is always limited to the total deposit amount.
Find out more how NBP works in the Forex market in the page here.
8. FXPrimus’s Variable Spreads and ECN Premier Spreads account types. Which one is better?
Both account types of FXPrimus offer different advantages for investors and we cannot simply define which one is better.
What actually better is making a deposit above $10,000 to get the VIP trading account.
FXPrimus’s VIP account type has many advantages for investors, in addition to the advantages of other account types.
FXPrimus’s Variable Spreads account type is suited for traders who want to avoid any extra trading commissions.
The trading cost in FXPrimus’s Variable Spreads account is only the spread you see on the MT4.
FXPrimus’s ECN Premier Spreads account type is suited for traders who want the tightest spread possible, while paying extra trading commissions.
See which account type is better for your trading strategy, or you can also trade on multiple accounts to try both account types.
9. Can I use MT5 to trade with FXPrimus?
No, unfortunately you cannot use MT5 (MetaTrader5) trading platforms to trade Forex with FXPrimus.
You cannot login to MT5 trading platforms or any other platforms, by using FXPrimus’s login credentials.
FXPrimus provides MT4 (MetaTrader4), the most popular trading platform in the world.
To start trading Forex and CFDs with FXPrimus, go to FXPRIMUS Official Website and download MT4 trading platforms to your computer or mobile phones.
FXPrimus’s MT4 is free to download and you can also download the platform into multiple devices to trade simultaneously.
10. Why I don’t see any bonus promotions in FXPrimus official website?
FXPrimus is regulated and licensed by multiple financial authorities.
FXPrimus also separates the websites for certain jurisdictions to distinguish the difference, in order to provide more smooth and convenient trading environment for traders all over the world.
The available services and bonus promotions maybe different for some regions.
You can find out more by visiting FXPRIMUS Official Website.
11. Is there any prohibited trading methods such as scalping, hedging and arbitrage?
FXPrimus is a NDD broker which only acts as a broker for investors, but not as a market maker.
As a Non Dealing Desk broker, FXPrimus sends all orders to the liquidity providers directly.
There is no conflict of interest between FXPrimus and its investors, thus FXPrimus allows any kinds of profitable trading strategies on its MT4.
FXPrimus supports its investors to make profit, and you can use FXPrimus MT4 to make profit with no limit.