I think it would be good if the MT4 platform included a built-in calendar like MT5 does. Regulation across multiple jurisdictions helps to give traders confidence that they are trading with a reputable and trustworthy broker that must uphold the highest of standards. I don’t have any problem with the regulations in place and trust them with my funds. I always prefer to use a regulated broker as I want to focus on my trading without worrying. They’re also registered with the VFSC in Vanuatu, which is a more relaxed regulatory environment but still provides them with the necessary authorization to operate globally.
Opening an Account
VPS hosting is especially beneficial for traders who use automated trading strategies, as it ensures their Expert Advisors (EAs) run smoothly 24/7. It offers a low entry deposit on the Classic account, a risk-free demo account, and educational resources ranging from platform tutorials to technical analysis guides. These features help new traders develop foundational knowledge before trading live. Looking at user comments for FXPrimus on FxVerify, traders often highlight the professional service and supportive customer team. Fast withdrawals and deposits are frequently mentioned as positives, along with good execution speed on the platform.
Commission and Spread Fees
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. But heads up—your bank or payment service might take a small fee on their end. Each of the features is really something that helps you go through as a new trader. Speed wise, trade execution is lightning fast, and since it’s available on desktop, web, and mobile, you can stay plugged in wherever you are. Trading on MT4 honestly feels like having your own little trading command centre.
- Trading and investing in financial instruments comes with a high degree of risk and you can lose money.
- To see the full broker review click “See review”, to see the complete table and compare more brokers visit our Comparison page.
- FXPrimus is a reputable and reliable player in the online financial trading space, recognized for its global presence in key financial centers such as Australia and Belgium.
- While FXPRIMUS primarily promotes MT4, some accounts and regions may have access to MT5, providing additional features like more timeframes and order types.
Regulation and Safety
- FXPRIMUS has over a decade of providing trading services in over 130 trading instruments.
- Past results are no guarantee of future success, so make your financial and investment decisions with utmost care.
- This regulatory framework provides a standard level of trust and safety for traders within the European Economic Area.
- These offers add value to the trading experience and can even make the difference when traders choose between different brokers.
It automatically scans the markets and identifies key patterns, including trendlines, Fibonacci levels, and chart formations. Autochartist is an ideal tool for traders who wish to stay ahead of the market without manually scanning hundreds of assets. These revenue streams allow us to remain financially independent of advertisers, enabling us to provide all services with maximum transparency. Among the financial service providers, there are fraudsters that we promptly report.
Can traders switch between FXPrimus account types?
FXPrimus delivers a safety-first approach with comprehensive client protection, including fund segregation and third-party oversight. It combines this with advanced platforms and instant withdrawals, making it a solid choice for oil trading and other markets in a secure environment. FXPrimus offers a transparent fee structure that accommodates both new and experienced traders. With zero-commission accounts, ultra-tight spreads, and flexible leverage, it ensures cost-effective trading without compromising on execution speed or platform quality. In this comprehensive review, we will take an in-depth look at FXPRIMUS, examining its regulatory standing, trading features, account types, platform offerings, security measures, and overall reputation. Whether you are a seasoned trader or just starting your trading journey, this detailed analysis aims to equip you with the insights necessary to determine whether FXPRIMUS aligns with your trading needs.
Feedback and rankings from authoritative sites like “Trustpilot” on the TradingFinder website assist all traders. Participating in financial markets involves high risk, which can result in the loss of part or all of your investment. FXPrimus supports various deposit and withdrawal methods to accommodate traders worldwide.
Educational Resources
WebTrader is convenient for traders who want to trade on the go or use different devices without compromising on functionality. The “TradingFinder” platform offers various services, some of which, like introductions, are free, while others, such as our specialized services, are provided for a fee or through a subscription. FXPrimus offers several bonuses, including a 100% deposit bonus up to $20,000 and cashback rebates of up to $8 per traded lot.
Credit card deposits and withdrawals are available as well, but only cards issued outside of the USA are accepted. To prevent delays, clients are advised to provide supporting documentation when funding their trading accounts. Credit card transaction processing is usually up to 5 minutes, and the minimum withdrawal amount is 100 USD.
The FXPrimus demo account is ideal for new traders to hone their trading skills and become successful and confident traders. Experienced traders can also utilize the retail demo investor accounts to gain mastery of the trading environment. With over 130 tradable assets, FXPrimus maintains a vast repertoire of assets offering its clientele the industry’s finest coverage. Hence, the MY Primus market is ideal for traders who prefer a small number of liquid trading products. IC Markets is known for deep liquidity and raw spreads, appealing to professional traders. Its strong infrastructure and execution speed make it an excellent alternative toFXPrimus for serious investors.FXPrimus reviews sometimes compare these two brokers.
What is the maximum leverage offered by FXPrimus?
While the broker markets itself as a provider of a safe and effective trading environment, careful analysis highlights significant concerns, primarily related to regulatory oversight and security. Traders considering FXPrimus should understand both its advantages and potential risks clearly before committing funds. FXPRIMUS offers a wide range of trading instruments over popular asset classes such as forex, equities, energies, futures, precious metals, cryptocurrencies, and indices.
Do I Have Negative Balance Protection with This Broker?
From our FXPrimus broker review, it’s safe to conclude that the broker is in a class of its own. FXPrimus, as a multi-asset trading fxprimus review platform, offers its clientele over 130 tradable assets. FXPRIMUS is a safe and simple platform licensed by CySEC, FSCA, and the Vanuatu Financial Services Commission. Many of the broker’s positive reviews suggest that its trading platform is easy to navigate, and the fees are reasonable and affordable. This review on FXPrimus gathered that the broker has an excellent 4.4 rating based on 97 reviews on Trustpilot.
With its commitment to client safety, diverse account options, and comprehensive educational resources, FXPrimus provides a solid foundation for traders looking to navigate the forex markets. While there are some limitations, such as restricted regions and a limited selection of cryptocurrencies, the broker’s strengths make it a compelling choice for many traders. MetaTrader 4 (MT4) is one of the most popular trading platforms in the forex industry, known for its user-friendly interface and a vast array of features. MT4 provides advanced charting tools and customizable indicators and supports the use of Expert Advisors (EAs) for automated trading systems. It is available on desktop, mobile, and as a web-based application, allowing traders to access the markets from virtually anywhere. FXPrimus is recognized as a trusted brokerage platform offering safe and transparent trading experiences.
FXPrimus offers a range of trading account types tailored to suit the needs of various clients, regardless of their portfolio size or investment level. Each account type is designed to provide traders with specific features and benefits that cater to their trading preferences. These resources can help traders make more informed decisions by providing valuable insights into market conditions, upcoming events, and potential trading opportunities. FXPrimus offers four account variations, PrimusClassic, PrimusPro, PrimusZero, and PrimusDemo, that are tailored to suit traders of different experience levels and investment portfolios.