FXPrimus is a broker that provides online trading forex, commodities, energies and indices for all levels of investor experience, helping investors gain access to the trading market.
As a forex broker a member of the FXPrimus Group operated by brands
- Primus Africa (Pty) Ltd is regulated by the FSCA of South Africa, with license number 46675.
- Our European-based Primus Global Ltd, is regulated under the CySEC license of the SEC Republic with license number 261/14.
- Primus Markets INTL Limited with registration number 14595. An international company regulated by the VFSC (Vanuatu Financial Services Commission), under authorization to conduct securities trading as the Owner.
FXPrimus benefits for customers
Negative Balance Protection (Negative Balance Protection) customers will not pay when there is a loss that exceeds the balance in their account.
Good liquidity
FXPrimus clients will benefit from the liquidity provided by the world’s leading banking institutions.
Separate account
Client funds are preserved in separate bank accounts to ensure they are always protected.
Social responsibility
Howden’s insurance policy of up to 2.5 million euros as an additional safety measure. Periodically coverage from October 2019 to November 2020.
Free deposit and withdrawal
FXPrimus announces free of charge on the deposit and withdrawal methods provided by FXPrimus such as: EcoPayz, Skrill, Neteller, Fasapay, Visa card, UnionPay.
Trading Instruments
FXPrimus offers a wide range of popular trading products. Minimum trade volume of 0.01 lot on all trading instruments. Except, Stocks require a minimum trading volume of 1 lot, which investors should remember.
Many currency pairs
- Majors: often enjoy the best source of liquidity like EURUSD, GBPUSD, USDJPY, USDCHF with spreads of 1.5 pips or more.
- Crosses: such as GBPNZD, AUDNZD, EURCAD, GBPJPY,… have a strong and weak daily trading band. Spreads will often be worse than the major currency pairs.
- Minors: AUDUSD, USD / CAD, NZD / USD are relatively stable.
- Exotics: that is currency pairs with few or very few traders, so they are poor in liquidity such as EUR / PLN, EURTRY, USDCNH, USDHKD, … also with very high spreads.
Precious metal
Usually placed by traders in hedging portfolios such as inflation such as Gold, Silver, Platinum and Paladin. Lowest spreads from 10 pips.
Cryptocurrencies
Including 7 cryptocurrency CFD codes like Bitcoin (BITCOIN), Dash (DASHUSD), Ripple (XRPUSD), IOTAUSD, Ethereum (ETHUSD), Litecoin (LTCUSD), Bitcoin Cash (BCHUSD) with 24/5 operating time.
Energy
Products include crude oil, natural gas, fuel oil, ethanol and pure terephthalic acid on a spot or futures contract. Trading time 24/5 weeks.
More than 100 popular international stock codes today such as APPLE, AKORN, AMAZON, BANK OF AMERICA, BLACKBERRY and more. 0.1 cent commission per RT share. Note, FXPrimus pays dividends on certain stocks.
Indices
There are 15 economic indexes CFD of Australia, Germany, Dow Jones, Dollar index, Nasdaq, … in the form of futures contracts or spot contracts.
Free VPS service
VPS – Virtual server. One advantage for customers is the ability to process orders very quickly, if using EA Robot automatically. With the ability to have a stable and continuous internet connection 24/7.
In order to receive free VPS, the client is required to have a minimum capital of 500 USD or more and the minimum trading volume per month must be 5 lots or more.
Notice, if you meet the above requirements you may have to pay 30 usd / month.
Bonus
Includes 2 bonus programs
- 100% bonus up to $ 10,000 when deposited into your trading account.
- Rebate 4 USD / 1 Lot transaction. FXPrimus’ promotional offer is valid for a limited time, only from February 1, 2016 and until April 30, 2021. Please refer to bonus promotion policy
Advantages:
Have reputable licenses CySEC, FSCA and IFSC.
Defect:
- Spread is too high on most traded products.
- Also less about the number of products traded.
- Only offers MT4 trading platform.
