FXPRIMUS
Rating: 4 / 5FXPrimus offers traders the out-of-the-box MT4, MT5, and cTrader trading platforms. All three support algorithmic trading and come with integrated copy trading services. High leverage and low trading costs make the Primus Zero account a competitive one traders should consider. I reviewed this broker to determine if its growing trader base of 300K+ is getting competitive trading conditions. Is FXPrimus the right broker for you?
FXPrimus offers traders the out-of-the-box MT4, MT5, and cTrader trading platforms. All three support algorithmic trading and come with integrated copy trading services. High leverage and low trading costs make the Primus Zero account a competitive one traders should consider. I reviewed this broker to determine if its growing trader base of 300K+ is getting competitive trading conditions. Is FXPrimus the right broker for you?
Broker Details
- Headquarters
- Cyprus
- Established
- 2009
- Min Deposit
- $500 (initial), $100 (subsequent)
- Execution
- Market Maker
- Regulators
- CySEC, FSCA, VFSC
Trading Conditions
- Retail Loss Rate
- Undisclosed
- Min Raw Spreads
- 0.0 - 1.5 pips
- Min Standard Spreads
- 0.2 pips
- Min Forex Commission
- $5.00-$15.00 /lot
- Trading Hours
- CryptocurrenciesNot applicable - Not applicableForexMonday 00:05 - Friday 23:55CommoditiesMonday 01:05 - Friday 23:30European CFDsNot applicable - Not applicableUS CFDsMonday 16:30 - Friday 23:00
Accounts & Funding
- Funding Methods
- 9(visatrustpaynetellerfasapayunionpaycryptoecopayzsafechargeemerchantpay)
- Deposit Fees
- No
- Withdrawal Fee
- No
Platform & Features
- Trading Platforms
- MetaTrader 4
- Regulators Detailed
- Cyprus Securities and Exchange CommissionCountry: CyprusLicense: 261/14Vanuatu Financial Services CommissionCountry: VanuatuLicense: 14595
Pros
- 24/5 customer support
- Educational content for beginner traders through videos and articles
- Competitive commission-based trading costs and high leverage
Cons
- A minimum deposit of $1,000
- No cryptocurrencies
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