- FXPrimus Broker Service Review
- What is FXPrimus?
- Main Trading Conditions of FXPrimus
- Why invest with FXPrimus
- FXPrimus is an ECN broker
- Low cost of trading in all account types
- VIP treatment for deposit over $10,000
- MT4 with no restrictions
- Gorgeous Bonus Promotions
- €2.5 Coverage Insurance Fund
- Fully Regulated and Licensed
- Deposit and Withdrawal fees are covered
- Exclusive Market Reports and Education
- Free VPS with low requirement
FXPrimus Broker Service Review
Review of FXPrimus a licensed Online Forex Broker with MetaTrader4.
FXPRIMUS is the first brokerage in the industry to launch supplementary protective measures, and pledges to continue spearheading safety in the Forex industry, through research in new technologies combined with prevention of the client’s unnecessary risk through education.
- Regulation and License
- Primus Global Ltd is regulated by CySEC and is operating in compliance with the Markets in Financial Instruments Directive (MiFID).*
- FXPrimus offers all clients Negative Balance Protection (NBP) so that they may never incur any losses that exceed their account balance.
- Top-tier Liquidity
- FXPRIMUS clients benefit from deep liquidity, provided by international top-tier banking institutions.
- FXPRIMUS abides by all regulatory requirements and is independently audited, both internally and externally.
- Segregated Accounts
- Client funds are kept in segregated bank accounts to make sure that they are always protected.
Have more peace of mind with segregated client funds
Client fund insurance coverage offering protection up to EUR 2,500,000.
Visit the company’s website for a transparent report on the 3-pronged strategic approach, which discusses FXPrimus’s focus on safety, education and technology.
Receive extra protection with third-party monitoring on withdrawals
FXPrimus is the first brokerage to appoint a third party, “BOUDICA CLIENT TRUST”, to supervise the withdrawal requests of client accounts.
This is an extra expense they pay to ensure clients’ safety.
BOUDICA CLIENT TRUST perform regular checks to ensure that FXPrimus handles all client withdrawals correctly, efficiently and ethically.
Be assured with strict risk management systems
FXPrimus’s skilled risks management team monitors the markets around the clock for erratic behaviors and extreme market volatility.
The risk management team amends trading conditions to protect client investments by adjusting margin requirements if necessary
What is FXPrimus?
FXPrimus is an Online Forex & CFD broker based in Cyprus.
Since its foundation in 2009, the broker has been licensed by CySEC and recently acquired New License in Vanuatu(VFSC).
FXPrimus now provides services to over 100 countries with more than 10 Multilingual support desks.
FXPrimus is the Broker with very High Standard on its Service Conditions.
Main Trading Conditions of FXPrimus
With FXPrimus, you can trade over 100 financial products including Forex, Metals, Oils, Equity Indices and US Stocks on MetaTrader4.
The Minimum Average trading cost is Spread from 0.1 pip with $10 per 1 lot commission.
The Maximum Leverage is 1:1000, and NBP(Negative Balance Protection) is fully supported.
As FXPrimus strives to offer MT4 with STP/ECN Execution, No Interference or
Manipulations to your trading activities is guaranteed.
For traders’ options, PAMM/MAM Solution, VPS, API, MT4 for MAC and also Educational Videos are available for Free.
The “Trusted” broker with over 8 years of Experience. That’s FXPrimus.
Why invest with FXPrimus?
How does FXPrimus differentiate from other brokers?
What are the merits and reasons to choose FXPrimus as the broker?
See some aspects of FXPrimus’s service what many traders find attractive below.
1. FXPrimus is an ECN broker
FXPrimus is an ECN Forex broker which technology connects price feeds from multiple liquidity providers.
FXPrimus’s in-house ECN (Electronic Communication Network) technology can integrate multiple feeds, and offer them all together on FXPrimus MT4.
With the ECN execution, FXPrimus MT4 is offered with deep liquidity and tighter spread for investors.
You can experience FXPrimus’s ECN trading condition in ECN Premier spread account type.
FXPrimus’s ECN premier spread account types offers spread as low as 0.1 pips for major currency pairs.
It is the raw spread which FXPrimus can offer by using the ECN technology.
2. Low cost of trading in all account types
One of FXPrimus’s goals is to support investors to earn more, and FXPrimus as a broker, can earn more when investors continue trading.
On all account types of FXPrimus MT4, you can trade with very low trading cost and commission.
On both account types, the total trading cost is normally lower than $10 per $100,000 worth of transactions, when with other brokers, you may need to pay at least $15 to $20 for the same volume.
FXPrimus isn’t just the safest broker, but also the broker which lets you save the money when trading.
3. VIP treatment for deposit over $10,000
FXPrimus is a professional broker with many experienced analysts and support staffs.
While FXPrimus provides many deep reports, analysis and educational materials for its traders, there are more benefits for VIP traders of FXPrimus.
To become a VIP of FXPrimus broker, you only need to deposit at least $10,000.
As a VIP trader, you will have private consultant, can watch exclusive webinars, and receive VIP trading signals directly to the accounts.
FXPrimus treats all traders professionally, and for VIP traders, many merits are added.
Start trading with FXPrimus, and experience the difference to trade better.
4. MT4 with no restrictions
FXPrimus is a NDD (Non Dealing Desk) broker with ECN (Electronic Communication Network) technology
As a NDD broker, FXPrimus only acts as a brokerage firm and sends all orders of clients to the markets directly.
FXPrimus makes the company profits by the small markup spread and trading commissions that traders pay when trading.
This trading environment eliminates that there is no conflict of interest between FXPrimus and its traders.
Thus FXPrimus MT4 is unlimited in terms of trading strategies, and you can perform any profitable trading strategies as much as you want.
Profit cancellation or rejection of fund withdrawal are never reported by investors of FXPrimus.
5. Gorgeous Bonus Promotions
To support traders who continue trading with FXPrimus, there are multiple bonus promotions.
FXPrimus’s 100% Deposit Bonus is credited to double up your deposit amount.
It can eventually increase the amount of profits you can withdraw, up to the total deposit amount.
FXPrimus’s 30% Deposit Bonus is credited to support your trading with extra margin.
The bonus can help you increase the trading volume directly on live trading accounts.
FXPrimus’s Cash Back Rebate bonus is available for loyal traders who continue trading with the broker.
The cash back amount increases by making larger amount of deposit and completing the required trading volume.
For more information and the list of offers, visit the official website of FXPrimus.
6. €2.5 Coverage Insurance Fund
FXPrimus is a regulated entity and a member of the Investor Compensation Fund (ICF), meaning that client funds are protected up to €20.000.
As an added safety measure, FXPrimus has introduced a professional indemnity insurance of €2.5million.
Combining the above services with NBP (Negative Balance Protection), Third party audit and segregated bank account, FXPrimus is known as the safest broker to trade Forex and CFDs online.
7. Fully Regulated and Licensed
FXPrimus brand is run by multiple companies which are regulated and licensed by different financial authorities.
FXPrimus has acquired these licenses in order to provide better ans safe investment environment to traders all over the world.
To be precise, there are following companies operating with FXPrimus brand.
- Primus Global Ltd, regulated by CySEC
- Primus Markets INTL Limited, regulated by VFSC
- Primus Africa (Pty) Ltd, regulated by FSCA
Depending on the regulation (the company) you registered with, the service and trading conditions maybe slightly different.
For more information and to find out which regulation and condition will apply to your trading accounts, please contact FXPrimus support team.
8. Deposit and Withdrawal fees are covered
FXPrimus has created a smooth, secure and convenient way of managing investment funds.
To transfer funds to and from FXPrimus, there are various methods such as bank wire transfer, e-wallets (online money), credit and debit cards.
To process fund transfers, you need to login to FXPrimus’s secure client portal.
All fund transfers are processed without any fees, and FXPrimus even covers incurred fees for its investors.
The cost that you need to cover only occurs when you trade Forex and CFDs on FXPrimus MT4.
9. Exclusive Market Reports and Education
Are you new to the Forex market, improve the knowledge of online trading or stay updated of the current market trends?
Use FXPrimus’s educational materials to study and special reports from professional analysts to keep yourself updated.
FXPrimus’s team of specialists are providing more and new materials and reports for its investors exclusively.
Either you are a novice or professional trader, FXPrimus can support from the beginning.
10. Free VPS with low requirement
On FXPrimus MT4, you can run any types of EAs (expert advisers) and FXPrimus also provides you with free VPS (virtual private server) with lightning fast response time for you.
FXPrimus’s Stable, Robust and Reliable VPS is strategically placed in London and New York Data Centres.
To earn FXPrimus’s free VPS, you only need to deposit at least $500 and trade 5 standard lots in the month.
If the requirements are hard to achieve for you, you can also get FXPrimus’s VPS for only $30 per month.