Broker review

FXPRIMUS Broker Profile and Reviews

FXPRIMUS offers spreads as low as 0.1 pips with superior trading technology, high liquidity, and reliable trade execution.

Updated January 1, 1990 Written by adminprog Viewed 6 kali

FXPRIMUS is a popular name from the FXPRIMUS Group. This broker, established in 2009 in Mauritius, has 3 subsidiaries: Primus Global Ltd (regulated by CySEC no:261/14), Primus Markets INTL Limited (regulated by VFSC no: 14595), and Primus Africa (Pty) Ltd (regulated by FSCA no 46675). Indonesian traders will be serviced through Primus Markets INTL, which is regulated by Vanuatu.

FXPRIMUS offers spreads as low as 0.1 pips with superior trading technology, high liquidity, and reliable trade execution. FXPRIMUS serves all types of traders, both institutional and retail. FXPRIMUS believes that a trader's profits should only be determined by the trader's decisions, not by the broker. This can only be achieved through ethical and transparent procedures.

To guarantee super-fast execution, FXPRIMUS uses Equinix data center infrastructure spread across 4 major countries, namely New York (North America), Amsterdam (European Union), Hong Kong (Asia Pacific), and Singapore (Southeast Asia). All data centers are connected to FXPRIMUS's primary server located just a few miles from the location of liquidity providers.

FXPRIMUS continues to grow and now serves traders in 155 countries across 6 continents. Currently, FXPRIMUS serves various types of trading, including forex, metals (gold, silver), oil (gasoline, oil, heating oil, natural gas), commodity CFDs (wheat, corn, soybeans, sugar, coffee) and major indexes (S&P 500, Nasdaq, Dow Jones). In addition to clear regulation, a variety of trading instruments, and competitive spreads, FXPRIMUS also states that the security of customer funds is a key focus of their services. Customer funds are separated from the company's operational budget and are controlled by Turnstone Group.

Quoted from its official page, FXPRIMUS states that they are the first retail broker in the world to appoint a third-party administrator to monitor client funds. For information, Turnstone Group has managed over USD 1 billion in funds from institutions worldwide.

 

Broker Name FXPRIMUS
Broker Type STP
Website Click Here For The Official FXPRIMUS Broker Site
Company Primus Global Ltd
Founded in Year 2009
Headquarters Govant Building BP 1276, Port Vila Vanuatu
Regulator

Cyprus, CySEC no 261/14

Customer Service Live chat and email operating 24 hours x 5 days
Website Language English, Indonesian, Mandarin, Russian, Spanish
Deposit and Withdrawal Credit Card, Wire Transfer, Local Bank Deposits in 53 Countries
Expert Analysis ✔️
Affiliate Program ✔️
Educational Content ✔️
Trading Platform MT4 for Windows, Mac, Android and IOS
Trading Instruments Forex, Indices, Commodities
Spreads Fixed, Variable and ECN 
Minimum Initial Deposit 100 USD
Account Currencies EUR, USD, GBP, SGD, PLN
Leverage Up to 1:500
Minimum Lot 0.01 LotECN
Account Types ECN, ECN-VIP, Demo Account, PAMM
Swap-Free Account ✔️
Segregated Account ✔️
Hedging ✔️
Scalping ✔️
Order Execution Fast
  • Free Personal Coaching And Training For Beginner Traders

    Simply by opening a LIVE account with a minimum fund of USD250, traders will get FREE 60 days of training, video training for beginners, and a variety of useful information from CNBC market analyst Mario Sant Singh, who is also the Director of training and education at FXPRIMUS Coach. Efficient customer support via live chat and email operating 24 hours x 5 days is also available. Traders get a quick response to their questions within 12-24 hours.

  • Fast And Easy Deposits

    Broker FXPRIMUS presents a variety of the fastest, easiest, and most effective deposit-withdrawal methods in the industry. Traders can use wire transfers, credit cards, or local deposits at banks in 53 countries. The account approval process takes a maximum of 24 hours, allowing traders to transact quickly.

  • STP Broker With Fast Execution

    FXPRIMUS does not trade against its clients. In addition, traders will get the fastest and most efficient execution because they are a broker with an STP (Straight Through Processing) system and no Dealing Desk, which is very beneficial for traders. In normal market conditions, there are no requotes and slippage so traders can trade at the prices they want.

  • FX-onTap, Exclusive Trading Application
    In addition to providing the MetaTrader4 trading platform accessible via PC and smartphone, broker FXPRIMUS provides the FX-onTap application which can be operated on iPhone and iPad. Clients can transact with their preferred strategies as there are no restrictions on hedging, scalping, Robots/EA, etc

  • Comfortable Trading Conditions

    Clients can trade at FXPRIMUS with micro, mini, or standard lots accounts in a single account. There are 3 types of spreads available: Fixed, Variable, and ECN Premier spread. If you are not satisfied with the current spread option, traders can always change their spread option at any time. Leverage offered up to 500:1. and Islamic accounts (Swap Free) are available for interested clients.

Testimonials FXPRIMUS

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Comments 33
Showing Last 10 Comment |
S

Sidik

Is this broker good for scalping? What is the minimum deposit for an ECN account?
9 Tahun lalu
T

Tonaka

FXPrimus provides ECN accounts as its standard accounts, with trading costs including; a commission of USD 10/lot and floating spreads. As for the minimum deposit, it is not stated on the website, likely above USD 100. You can read more details at this link

In conclusion, this broker is indeed aimed at traders with relatively large capital, as the trading costs can be considered quite high per position opening.
9 Tahun lalu
J

Joanna

I read earlier that account verification at this broker only takes 1x24 hours, right? What documents need to be prepared? Can we immediately withdraw trading profits after the account is verified?
9 Tahun lalu
B

Bayu

Usually for international brokers, they will ask for passport documents for ID verification. It is indeed tough, because not everyone has an international passport. 
9 Tahun lalu
D

Dika

if foreign brokers usually require verification using a passport, then fxprimus must be using a passport as the standard identity verification instrument.

Unless fxprimus has an IB (partner) in Indonesia that can assist with the identification process using an ID card or something similar. The problem is, I don't know who the IB is and where they are in Indonesia. Please check with support.
9 Tahun lalu
Z

Zee

Is this website accessible on mobile? Why does it only show a white screen on my phone?
9 Tahun lalu
R

Rio

Are you using a VPN on your mobile connection? And what type of browser and mobile phone are you using?
9 Tahun lalu
H

himsyah

I checked the FXprimus account, and I only found one standard account type. Is there no other account option? I'm actually looking for a micro account that can have a lot of just 0.01
9 Tahun lalu
R

Rio

The FXPrimus account is offered in 2 forms, namely the standard account and the manager account (PAMM). Although there is only one standard account, the lot size in the standard account can be adjusted up to 0.01 lots. Secondly, the spread of the standard account can also be set according to ECN premier or live spread (floating).
9 Tahun lalu
H

Hamzain

Sir, wow this ID confirmation is really difficult, I haven't even been asked for a passport, even though I don't have one, what are the alternative options?
9 Tahun lalu
L

Liga

hmm, have you asked FXPrimus's customer service? As for me, I have prepared my passport because I'm used to trading with foreign brokers. As for other alternatives, you might want to look for an IB (introducing broker) or an agent who can connect local identification cards with foreign brokers like FXPrimus
9 Tahun lalu
I

Iva

This special program for beginner traders can really train newbies like me to become skilled at making profits in Forex? If it's just half-hearted and the same as the usual tutorials, I might as well learn from my friend.
9 Tahun lalu
V

Vita

In my opinion, the material is quite suitable to be a basic guide so that you can practice without making fatal mistakes in Forex. As for a 100% profit guarantee, clearly no one can provide that, because even pro traders sometimes experience losses that they can still cover.

Now that's intermediate learning material, try searching for it in SF, it's called money management.
9 Tahun lalu
I

Ikki

Sir, I want to ask, is FXprimus a broker that can be trusted? I've been searching around, usually local brokers, but the requirements are high deposits and trading costs are also large, not suitable for me.

So is this broker better than local brokers?
9 Tahun lalu
R

Rio

بخصوص مصداقية الوسيط، يمكنك التحقق من خلال شهادات FXprimus, إذا كنت لا تزال غير مقتنع بعد ذلك، نوصي بإجراء إيداع بمبلغ محدود أولاً.

إذا كان بالإمكان سحب الإيداع بسلاسة دون مشاكل، يمكنك التفكير في زيادة مبلغ الإيداع.
9 Tahun lalu
R

Rivan

hmm I'm still confused, I've been going around looking for brokers, from those with major labels (the ones with bright colors) to non-mainstream brokers

usually big brokers often promote their small spreads, but in reality during NFP and such, the spreads widen up to dozens of pips. But if I trade with minor brokers, their promotions are usually just the same

Now I'm about to try FXprimus, which account should I use?
9 Tahun lalu
R

Rio

Currently, the fxprimus broker only offers two types of accounts, namely standard and ECN.

The fxprimus ECN account is promoted to have very competitive and tight spreads. You can check the details at this link
9 Tahun lalu
R

Rasti

From the front, FXprimus looks impressive as a Forex broker. The IB is also quite helpful for the account verification process. Just one downside, the account types are not very diverse, there is only the standard account available.
9 Tahun lalu
D

Distira

For me, I actually don't mind even though FXprimus only has one account type, what's important is that all clients get fair trading conditions, that's the most important thing for me. What's the point of having many account types if in the end there are often requotes or slippage?
9 Tahun lalu
DR

Darian R.

wow this seems like what I’m looking for, FXprimus broker can provide trading options on products like apple and the account is no-swap. Great for swing traders like me.
9 Tahun lalu
I

irawann

Wow, that's great to get free coaching. If the learning guide could be in Indonesian, that would be even better!
11 Tahun lalu
A

Akbar

Is there really no learning guide available in Indonesian yet? Usually, when we ask support, they will help translate it into Indonesian. Or they could ask for help from community members/clients to assist in the localization process of that educational content.
10 Tahun lalu
TB

Teguh Budi

Can the FX Primus deposit not be made with e-currency?
11 Tahun lalu
A

Agusto

Yes.
You can choose e-currency Skrill, Neteller, or FasaPay for deposits at Fxprimus.
But here, the deposit and withdrawal methods must be the same.
So if the deposit is made via wire transfer, then the withdrawal must also be through wire.
11 Tahun lalu
CF

clara fx

Is it just me... who has difficulty finding information on the fxprimus website? Looking for account types, spreads, and minimum deposits is a bit challenging...
11 Tahun lalu
RA

Ricky Adisetya

As far as I know, fxprimus only offers one type of account for individual traders who want to do live trading. But within that one type, you can trade using micro to standard lots, with the option of Variable/Floating spread or ECN premiere. The standard minimum deposit is 100 USD, but you can follow the deposit suggestion starting from 250 USD to be eligible for personal training.
11 Tahun lalu
S

Sari

Who is the regulator for this third-party Turnstone Group? I see on their website that they are currently "under construction" in the Isle of Man, so is this also offshore? Is it true that client funds can be safe with "managed by Turnstone Group"?
10 Tahun lalu
BK

Budi Kartono

From what I understand, turnstone does not control client funds, but only supervises and monitors the separation of client funds from the broker's budget.
9 Tahun lalu
P

Prama

Is the demo account only active for 60 days? Can't it be extended? I still need the demo account because I'm used to using backtest and forward test EA robots on the related broker's demo account. So I need that data to simulate trading strategies before opening a live account.
10 Tahun lalu
AB

Abu Bakar

In my opinion, 60 months is enough for a forward test, while I usually only do a forward test for 1 month. If the results are good, then I will deposit my money to the broker. What matters is not how long the demo account lasts but how accurately the demo account reflects the trading conditions just like in live trading.
9 Tahun lalu
A

atmo

if it's not long enough, just create a demo account again.. it's free
9 Tahun lalu
R

Reni

I'm interested in the coaching program, so with a deposit of USD 250 we can join the forex trading training program until we become experts, right? Is the training exclusive per individual or per class?
9 Tahun lalu
R

Robby

As far as I know, forex trading training/courses can cost more than that, especially if the course is personal. So if they offer USD 250 for a training program with good quality, I think the material might be standardized for all members.

But if you want more information, feel free to ask the broker's customer service, maybe they can provide more detailed information.
9 Tahun lalu
S

Sidik

Is this broker good for scalping? What is the minimum deposit for an ECN account?
9 Tahun lalu
T

Tonaka

FXPrimus provides ECN accounts as its standard accounts, with trading costs including; a commission of USD 10/lot and floating spreads. As for the minimum deposit, it is not stated on the website, likely above USD 100. You can read more details at this link

In conclusion, this broker is indeed aimed at traders with relatively large capital, as the trading costs can be considered quite high per position opening.
9 Tahun lalu
J

Joanna

I read earlier that account verification at this broker only takes 1x24 hours, right? What documents need to be prepared? Can we immediately withdraw trading profits after the account is verified?
9 Tahun lalu
B

Bayu

Usually for international brokers, they will ask for passport documents for ID verification. It is indeed tough, because not everyone has an international passport. 
9 Tahun lalu
D

Dika

if foreign brokers usually require verification using a passport, then fxprimus must be using a passport as the standard identity verification instrument.

Unless fxprimus has an IB (partner) in Indonesia that can assist with the identification process using an ID card or something similar. The problem is, I don't know who the IB is and where they are in Indonesia. Please check with support.
9 Tahun lalu
Z

Zee

Is this website accessible on mobile? Why does it only show a white screen on my phone?
9 Tahun lalu
R

Rio

Are you using a VPN on your mobile connection? And what type of browser and mobile phone are you using?
9 Tahun lalu
H

himsyah

I checked the FXprimus account, and I only found one standard account type. Is there no other account option? I'm actually looking for a micro account that can have a lot of just 0.01
9 Tahun lalu
R

Rio

The FXPrimus account is offered in 2 forms, namely the standard account and the manager account (PAMM). Although there is only one standard account, the lot size in the standard account can be adjusted up to 0.01 lots. Secondly, the spread of the standard account can also be set according to ECN premier or live spread (floating).
9 Tahun lalu
H

Hamzain

Sir, wow this ID confirmation is really difficult, I haven't even been asked for a passport, even though I don't have one, what are the alternative options?
9 Tahun lalu
L

Liga

hmm, have you asked FXPrimus's customer service? As for me, I have prepared my passport because I'm used to trading with foreign brokers. As for other alternatives, you might want to look for an IB (introducing broker) or an agent who can connect local identification cards with foreign brokers like FXPrimus
9 Tahun lalu
I

Iva

This special program for beginner traders can really train newbies like me to become skilled at making profits in Forex? If it's just half-hearted and the same as the usual tutorials, I might as well learn from my friend.
9 Tahun lalu
V

Vita

In my opinion, the material is quite suitable to be a basic guide so that you can practice without making fatal mistakes in Forex. As for a 100% profit guarantee, clearly no one can provide that, because even pro traders sometimes experience losses that they can still cover.

Now that's intermediate learning material, try searching for it in SF, it's called money management.
9 Tahun lalu
I

Ikki

Sir, I want to ask, is FXprimus a broker that can be trusted? I've been searching around, usually local brokers, but the requirements are high deposits and trading costs are also large, not suitable for me.

So is this broker better than local brokers?
9 Tahun lalu
R

Rio

بخصوص مصداقية الوسيط، يمكنك التحقق من خلال شهادات FXprimus, إذا كنت لا تزال غير مقتنع بعد ذلك، نوصي بإجراء إيداع بمبلغ محدود أولاً.

إذا كان بالإمكان سحب الإيداع بسلاسة دون مشاكل، يمكنك التفكير في زيادة مبلغ الإيداع.
9 Tahun lalu
R

Rivan

hmm I'm still confused, I've been going around looking for brokers, from those with major labels (the ones with bright colors) to non-mainstream brokers

usually big brokers often promote their small spreads, but in reality during NFP and such, the spreads widen up to dozens of pips. But if I trade with minor brokers, their promotions are usually just the same

Now I'm about to try FXprimus, which account should I use?
9 Tahun lalu
R

Rio

Currently, the fxprimus broker only offers two types of accounts, namely standard and ECN.

The fxprimus ECN account is promoted to have very competitive and tight spreads. You can check the details at this link
9 Tahun lalu
R

Rasti

From the front, FXprimus looks impressive as a Forex broker. The IB is also quite helpful for the account verification process. Just one downside, the account types are not very diverse, there is only the standard account available.
9 Tahun lalu
D

Distira

For me, I actually don't mind even though FXprimus only has one account type, what's important is that all clients get fair trading conditions, that's the most important thing for me. What's the point of having many account types if in the end there are often requotes or slippage?
9 Tahun lalu
DR

Darian R.

wow this seems like what I’m looking for, FXprimus broker can provide trading options on products like apple and the account is no-swap. Great for swing traders like me.
9 Tahun lalu

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