Your account manager will be in touch to share with you all info on the links that work in Malaysia. Trading precious metals can be a means of diversifying a trading portfolio. https://forexbroker-listing.com/ The mini terminal improves trading efficiency by allowing you to trade with one click, adjust lot size, set stop losses, take profits or trailing stops and more.
TRADING PLATFORMS
It gives access to 120 plus trading pairs in different markets and also provides the gold trading platform. 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.
Trade with a Regulated Broker
They adhere to a client-focused strategy that empowers traders with control over their finances, manifested through this fee-free system for deposits and withdrawals. Although they do not display the rates of these swap charges conspicuously on their website, they can be easily accessed through their available trading platforms. This option features a nominal spread of 0.0 pips for eminent currency pairs and a round lot fee of $5. It requires an initial deposit of at least $1,000, which suggests its orientation towards committed traders. Their trading platforms, which include MetaTrader 4, MetaTrader 5, and cTrader, are well-known for their dependability and extensive functionality. In addition, the company’s commitment to offering a safe and efficient trading environment is evident in the use of modern encryption technology and access to high-speed cloud services.
Which trading platforms are supported by FXPrimus?
Numerous national investor protection funds exist that will kick in for another layer of liquidity in case of capital issues. In order to start trading with FxPrimus, you have to deposit at least 500 USD. 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. Once you have completed this form, you will either be logged into the client area, where you will need to identify your identity before depositing and withdrawing, or you will be prompted with a few more questions.
Trading on FXPrimus web platforms and other applications
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.
- It’s important to note that FXPrimus requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks.
- However, you must pass the verification process to start live trading with FXPrimus, which can take up to a few business days.
- They follow market practice by imposing conversion fees in such cases to cover expenses incurred during the exchange process.
- The material does not contain (and should not be construed as containing) investment advice or an investment recommendation,or, an offer of or solicitation for, a transaction in any financial instrument.
- The commission-free pricing environment begins with an expensive 1.5 pips or $15.00 per round lot and is the only one that offers MT4 and cTrader.
- Overall, I think FXPRIMUS can be a great choice of broker for trading forex.
This review on FXPrimus gathered that the broker has an excellent 4.4 rating based on 97 reviews on Trustpilot. This rating suggests that the broker’s vast clientele is satisfied with the quality of its services. Forex & CFDs are leveraged trading products that carry a high level of risk and may not be suitable for everyone. Please ensure you fully understand your level of experience, your risk appetite, and that you can afford to take the risk of losing your funds. FXPrimus supports a wide variety of payment options enabling clients to fund their accounts and trade from any part of the world. It accepts Bank Wire transfers, Credit Card (Mastercard, VISA & American Express), and e-wallets (Neteller, Skrill, UnionPay, FasaPay, ecoPayz).
Furthermore, it provides access to a broader spectrum of markets, including commodities, indices, and equities, thus establishing itself as a versatile multi-asset solution. PrimusZERO accounts have spread as low as 0.0 pips and cost $5 per lot, making them suitable for high-volume traders. Yes, they secure withdrawals and deposits with SSL encryption and verification processes. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. I signed up an account not know much about it, but after registering I had the member of the team called me and assessed me with a very think and still helping me with the platform. You can diversify your portfolio with the indices offered including the S&P500 CFD, Nasdaq 100 CFD and Dow Jones CFD.
Nevertheless, this broker does not punish its clients for being inactive. Hence, their accounts will remain untouched if they do not execute trades during a specific period. Mimicking real market conditions, this account furnishes traders with simulated funds to formulate strategies and familiarize themselves with the trading platform.
Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the FXPrimus trading instruments available and the regulations governing them based on your account holder, location, and chosen platform. FXPrimus appears to be a relatively safe and reliable broker, considering its regulation by multiple authorities such as CySEC, FSCA, and VFSC.
Hi Francois Franklyn Swanepoel,We’re sorry to hear that your experience with us has not been the best.To protect your privacy, please reach out to our team and we’ll happily review any issues you may have faced. Hi Robert Cahyadi Susanto,We’re sorry to hear that your experience with us has not been the best.To protect your privacy, please fxprimus review reach out to our team and we’ll happily review any issues you may have faced. Many top-tier brokers, such as ZFX, now consider negative balance protection a standard business practice. This feature has become essential to a broker’s offering as it aligns with the industry’s move towards prioritizing client safety and responsible trading.
Founded in 2009, FXPRIMUS is an online trading broker with great emphasis put towards client safety and education whilst utilising new technologies to continue to try and improve their offering to traders. FXPRIMUS have a decent range of trading calculators that can help risk management when preparing for a trade. The trading calculators include a pip calculator, Fibonacci calculator, currency calculator and pivot calculator. I think these will be useful if you need to perform quick calculations when preparing your trades.
In this FXPrimus review we highlight that this broker offers a safe and transparent trading environment for its clients. The broker claims to be the safest place for online trading and takes every safety measure to protect clients’ funds and privacy. Despite being a Cyprus-based broker, FXPrimus is well-regulated in the UK, Vanuatu, and South Africa. FXPrimus offers different types of accounts which you can pick based on your trading styles and investment sizes.
You will be exposed to a high risk of loss regarding leverage and margin-based trading. Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with FXPrimus involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets. Like other brokers, FXPrimus margin requirements can differ depending on the traded instrument. FXPrimus offers various funding payment methods listed in your FXPrimus dashboard if available in your region.
You can read MT4 through 30 languages & all are available in FX Primus version of MT4. For phone calls usually, the call is processed within 2-4 minutes so that clients need not to be waiting for long time & get their solution as early as possible. FX Primus MetaTrader 4 download option for all platforms are given individually in the official website of FX Primus. And finally, FX primus WebTrader login is available for all types of accounts to view and manage client’s trades directly from online. FXPrimus provides its vast clientele with the fundamental MT4, MT5, and cTrader trading platforms.
It’s important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them. FXPrimus partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their FXPrimus clients’ funds. FXPrimus features four account types, including one Cent account, only available with the MT4 trading platform. Cent and Classic are more expensive commission-free accounts, while Pro and Zero are commission-based, where the latter ranks among the cheapest ones and the account type I highly recommend at FXPrimus.
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