FXPrimus Review 2022 (Expert Review)

FXPrimus Review Summary

FXPrimus is an online broker that is known for providing an excellent trading experience. The platform is very easy to use and allows you to trade financial instruments with minimal investment. As an online broker, FXPrimus accepts a range of payment methods including credit cards, debit cards, bank transfers, electronic wallets, and Bitcoin. You can choose to deposit or withdraw using a variety of different payment options. The site is easy to navigate and offers a wide range of trading platforms for traders of all levels. Its educational center features videos and articles for newcomers as well as daily outlooks. Its news blog is updated regularly and features the latest market information.

FXPrimus review
FXPrimus Platform Features

FXPrimus main features and highlights
๐Ÿ—บ๏ธ Country of regulation Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Vanuatu Financial Services Commission (VFSC)
๐Ÿ’ฐ Trading fees No
๐Ÿ’ฐ Inactivity fee No
๐Ÿ’ฐ Withdrawal fee No
๐Ÿ’ฐ Minimum deposit 100
๐Ÿ•– Time to open a FXPrimus account 1-3 Days. *A FXPrimus demo account can be opened in a few minutes, but live FXPrimus trading account creation times will vary depending on how long it takes to process your FXPrimus KYC documents.
๐Ÿ’ณ Wire Transfer No
๐Ÿ‘› Depositing with electronic wallet No
๐Ÿ’ฑ Number of base currencies supported 6
๐ŸŽฎ Demo account provided Yes
๐Ÿ›๏ธ Financial Instruments offered Forex, Minors, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals,

FXPrimus review
FXPrimus Financial Regulation

FXPrimus is regulated by Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Vanuatu Financial Services Commission (VFSC).

FXPrimus review
FXPrimus Pros And Cons

Regardless of how you trade, there is always a risk to online trading, as well as some key advantages to using such a method. Below are some key pros and cons. The pros of using FXPrimus include a large choice of assets that are available to be traded 24/7; and easy-to-use website and mobile app; video guides and chart reading tools to help you carry out fundamental and technical analysis; community features to help you learn from and integrate with other platform users. On the other hand, the cons of using FXPrimus can be that the spreads offered on trading cryptocurrencies (Availability subject to regulation) are relatively wide; no mutual funds available to invest in; high risk meaning it is not often a suitable platform for new traders.

FXPrimus review
FXPrimus Advantages

One of the main advantages of using FXPrimus is around the clock service and support as well as research offerings. Not only this, but FXPrimus has reduced transaction costs and fees that are often associated with traditional brokerage firms. This provides users of FXPrimus with greater flexibility and more control - time is of the essence when trading, and where traditional brokers require appointments just to initiate a trade, trading with FXPrimus makes the process a lot quicker. Finally, users have the ability to monitor their investments in real time. FXPrimus offers stock quotes and trade information, making it easy for users to view how their investments are doing.

  • FXPrimus has been in business over 10 years.
  • FXPrimus offers Stock Trading
  • FXPrimus offers Neteller as a payment method
  • FXPrimus offers Skrill as a payment method
  • FXPrimusoffers Islamic Accounts
  • FXPrimus offers ECN trading
  • FXPrimus offers a Apple Mac desktop trading platform
  • FXPrimus offers Hedging
  • FXPrimus offers Scalping
  • FXPrimus does not have inactivity fees

FXPrimus review
FXPrimus Disadvantages

Although FXPrimus has a lot of good points FXPrimus does not offer the below.

FXPrimus Review Risk Warning: Losses can exceed deposits.

FXPrimus Review

FXPrimus review
Things to understand when trading with FXPrimus

Online trading on trading platforms like FXPrimus have seen huge growth in the last 3 years. Trading with FXPrimus requires that you take the time to learn how financial markets work and are able to trade with FXPrimus using in depth technical analysis and FXPrimus risk management trading tools. Trading with FXPrimus involves risk. You should only risk capital with FXPrimus that you can afford to lose. Understand your risk tolerance with FXPrimus, and have a trading strategy that FXPrimus is able to help you execute. FXPrimus is a very accessible trading platform but you must take the time to be able to effective use the trading tools and financial instruments FXPrimus give you access too.

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FXPrimus Trading Fees

Trading fees on FXPrimus are taken in the form of the spreads FXPrimus offers when buying and selling financial instruments like stocks, commodities, fiat currencies and indexes on FXPrimus. FXPrimus fees vary depending on the financial instruments traded and can include, FXPrimus overnight funding fees, spreads, margins and FXPrimus inactivity fees, currency conversion fees, and a spread for applying a guaranteed stop order. There may be some fees when transfering money to and from your FXPrimus account charged by your 3rd party payment provider if your FXPrimus base currency is different from your FXPrimus withdrawal method.

NameFXPrimusIC MarketsRoboforex
Account FeesNoNoNo
Withdrawal FeesVariesNoYes
Deposit FeesNo
Inactivity FeeNoNoNo
riskwarningTry Now

Losses can exceed deposits
Try Now

Losses can exceed deposits
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Losses can exceed deposits

FXPrimus review
FXPrimus Financial Instrument Fees

FXPrimus fees for Forex, Minors, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals, are listed below.

FXPrimus review
FXPrimus Stock Trading Fees

The majority of FXPrimus trading fees, commission is either a flat fee per trade or calculated based on the number of traded shares. Several brokers do also offer zero-commission trading for stocks, ETFs, and options. A FXPrimus stock trading fee is a brokerage fee that is charged when you buy or sell stocks. A trader may also pay commission or a fee for buying and selling other investments, like options or exchange-traded funds.

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FXPrimus Forex Fees

Commission on FXPrimus Forex trading can either be a fixed fee (i.e., a fixed sum regardless of volume) or a relative fee: the higher the trading volume, the higher the commission. The amount of money that a trader is charged for FXPrimus Forex fees is based on their trade size. To calculate FXPrimus Forex fees, one would subtract the bid price from the ask price to find the spread. A Forex broker keeps this spread as their fee/commission.

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FXPrimus Cryptocurrency Fees

Aside from the price of the cryptocurrency itself, each cryptocurrency exchange adds a fee for trading, when customers purchase and sell coins. FXPrimus cryptocurrency fees can vary, but most exchanges charge between 0.1% to 1% or more per trade. That means that if you've used $1,000 to invest in a certain crypto, the fee you will eventually pay for that transaction could be anywhere between $100 and $1,000. FXPrimus cryptocurrency fees include a fee for the Maker (which adds to the order book liquidity through limit orders) and Taker (which subtracts liquidity from an order book through market orders).

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FXPrimus Non Trading Fees

FXPrimus non-trading fees include a variety of FXPrimus brokerage fees and charges that a trader will pay which are not related to buying and selling assets using the FXPrimus trading platform. The most common non-trading fees include FXPrimus withdrawal fees, FXPrimus deposit fees and FXPrimus inactivity fees.

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FXPrimus Deposit Fees

FXPrimus does charge deposit fees in some cases. When funding your FXPrimus account there may be some FXPrimus deposit fees which will vary depending on the payment method you use to deposit to your live FXPrimus trading account.

FXPrimus review
FXPrimus Inactivity Fees

FXPrimus does not charge traders inactivity fees. FXPrimus does not charge for dormant inactive trading accounts. Brokers typically attempt to compensate for lack of commissions by charging inactivity fees.

FXPrimus review
FXPrimus Withdrawal Fees

FXPrimus does charge FXPrimus clients small withdrawal fees. Withdrawals fees vary between FXPrimus and FXPrimus alternatives depending on where you are located and how much money you are withdrawing.

FXPrimus review
FXPrimus Account Fees

FXPrimus does not charge account fees. Account fees charged differ between FXPrimus and other brokers. An account is a fee that FXPrimus and other brokers assesses on all accounts for the ability to keep an account on their platform.

FXPrimus review
FXPrimus Account Opening

The FXPrimus account registration process is simple, user-friendly, and quick. Within 1-3 Days most FXPrimus trading accounts are ready for live trades. Our FXPrimus account was validated in 1 day, but live FXPrimus trading account verification times will vary depending on the time it takes to process your KYC documents and FXPrimus trading account application. A FXPrimus demo account can be opened in a few minutes.

FXPrimus trading accounts are available in over 179 countries. FXPrimus is restricted in the following countries.

Apart from the restricted countries a FXPrimus trading account can be opened globally.

The FXPrimus trading platform is available for residents in US. Some financial instruments FXPrimus offer may be restricted in your country.

  • Fast FXPrimus account opening.
  • FXPrimus accounts can be opened and KYC can be verified digitally.
  • FXPrimus minimum deposit is 100 USD / GBP / EURO.
  • FXPrimus trading account verification may be held up for longer than a day if there is an issue with verifying your account.

FXPrimus review
FXPrimus Deposit And Withdrawal

FXPrimus Account Base Currencies

A base currency is the currency in which your account is denominated. In other words, it is the currency you use to trade. Base currencies are used for accounting purposes to refer to the currency in which an investor maintains their book of accounts. For foreign exchange market purposes, a base currency refers to the first currency in a currency pair and the second, the quote currency.

USD, GBP, EUR, SGD, PLN are supported by FXPrimus as account base currencies. However, in each country, only two or three account base currencies are accessible, usually the local currency plus USD. In the United Kingdom, for example, only GBP, EUR, and USD are accessible for UK traders.

FXPrimus offers the following account USD, GBP, EUR, SGD, PLN.

When trading make sure your FXPrimus trading account currency is the same currency as your withdrawal and deposit bank account otherwise there may be some additional currency conversion fees levied by your bank. FXPrimus has no control over the fees your bank may charge for currency conversions or withdrawals and deposits to from and to your bank account.

NameFXPrimusIC MarketsRoboforex
Number Of Currencies6104
Base CurrenciesUSD, GBP, EUR, SGD, PLNUSD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, HKD, NZDUSD, EUR, CNY, XAU
riskwarningTry Now

Losses can exceed deposits
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Losses can exceed deposits
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Losses can exceed deposits

FXPrimus review
FXPrimus Deposit Fees and Deposit Methods

Investors can log in to their FXPrimus trading account, type in their credit card information and the funds required will be posted in a number of business days. Investors can also transfer funds into their FXPrimus trading accounts from an existing bank account or send the funds through a wire transfer or online check.

FXPrimus Deposit Fees

Making a deposit on your FXPrimus account is free.

FXPrimus Deposit Methods

There are several methods through which you can deposit money into your FXPrimus account. One can use a credit or debit card and FXPrimus accepts payments from credit and debit cards provided by MasterCard and Visa. You can use PayPal, funding your FXPrimus account using a personal PayPal account. One can also use bank wire or electronic bank transfer. If you have enough funds in your respective account, your bank account will be debited while the equal amount will be deposited into your FXPrimus account.

FXPrimus review
FXPrimus Withdrawal Fees and Withdrawal Methods

You can withdraw cash from your FXPrimus brokerage account if you have available funds. If you want to withdraw more than you have available as cash, you may need to close open FXPrimus positions before doing so. Remember that after you close your orders, you may have wait for the trade to settle before you can withdraw that money from your FXPrimus account.

FXPrimus Fees When Withdrawing Your Account Balance

FXPrimus do not charge withdrawal fees. Some withdrawal fees are out of the control of FXPrimus and may be due to 3rd party payment providers and your account base currency.

FXPrimus Withdrawal Methods

Log into your FXPrimus trading account, which is connected to your bank account. Go to the section that says โ€œfundsโ€ or โ€œaccountsโ€ and click on it. You will be given two choices: either to add funds or withdraw funds. Click 'withdraw funds' to start transferring money from your FXPrimus account to your bank account. To withdraw money from your FXPrimus account you can use credit or debit cards. FXPrimus processes withdrawals to credit and debit cards provided by MasterCard and Visa. One can also use PayPal, as FXPrimus processes withdrawals to PayPal accounts. Finally, you can also withdraw funds straight to your bank account via bank transfer.

FXPrimus review
FXPrimus Trading Platforms

As there are a number of tradable financial instruments available on the FXPrimus trading platform. Before investing in the FXPrimus platform, there are important factors to consider. Some platforms are designed for the more advanced trader, thus offering more research and analytical tools. The FXPrimus platform has a demo account and educational tool, but it may not be designed for new traders so focuses less on those educational features. FXPrimus offer livechat, phone, and email support.

If you struggle with technology, you need to consider the level of support on FXPrimus is available. Another thing to consider is your financial goals. Make sure that a FXPrimus account fulfils these goals. Several platforms offer commission-free trading, but some require a minimum fee for opening an account.

There can also be additional fees, such as inactivity charges, withdrawals and transfers. Make sure that you have enough funds to trade via a FXPrimus account. Ensure that FXPrimus allows you to focus on the type of trading that you want to focus on.

Make sure FXPrimus is correct for your investment purposes. Markets change quickly, and you need to be able to execute an order instantly. on your platform. Before using FXPrimus, think about how easy it is to use for your personal needs. Does the FXPrimus platform offer real-time updates or delayed updates that are more informed? Remember to check if FXPrimus is well regulated, and what tradeable financial instruments FXPrimus has. Security is very important when it comes to trading with FXPrimus.

FXPrimus Web Trading Platform

A FXPrimus web trading platform is a piece of software that is used for trading. This includes opening, closing, and managing market positions through FXPrimus which acts as a financial intermediary. FXPrimus is a web trading platform through which Forex traders can open and close positions online, without downloading any software. Via a web browser, traders can follow Bid-Ask spreads, place Stop Loss and Take Profit orders, as well as track all past and current positions executed.

Mobile Trading Platform

Both Android and iOS devices are supported by the FXPrimus mobile trading platform.

FXPrimus Apple IOS Trading Platform

A FXPrimus iOS trading platform is the application software that enables investors and traders to place trades and monitor accounts through iOS apps on Apple devices, such as an iPhone.

FXPrimus Google Play Android Trading Platform

A FXPrimus Google Play trading platform is the application software that enables investors and traders to place trades and monitor accounts through Google Play apps on Android devices, such as an Android mobile smartphone.

FXPrimus review
FXPrimus Mobile Trading User Experience

FXPrimus mobile trading gives its users a platform to trade from anywhere in the world, as long as they have an internet or WiFi connection. The mobile trading app provides an ease of transacting while using a mobile device. This is because orders can be placed quickly and effortlessly. FXPrimus mobile trading refers to trading using a mobile phone.

Leading brokerages like FXPrimus offer mobile trading apps to their clients who are able to use them to trade and even monitor their entire FXPrimus portfolio. All an investor needs is a Web-enabled smartphone and a trading account with FXPrimus. Once you have download the FXPrimus trading app, you are ready to begin.

FXPrimus review
FXPrimus Desktop Computer Trading Platform

A FXPrimus computer trading platform is a software which one can use to research, place, monitor and edit trades on your desktop computer. You can choose from many platforms, including desktop platforms, trading apps, web-based platforms and third-party programs. The FXPrimus desktop computer trading platform is the software that enables investors and traders to place trades and monitor accounts through financial intermediaries. The FXPrimus desktop trading platform offers other features to its users, such as real-time quotes, charting tools, news feeds.

FXPrimus MetaTrader 4

MetaTrader 4, known as MT4, is a trading platform used by online retail foreign exchange traders. MetaQuotes Software developed and released this programme in 2005. The software is licensed to foreign exchange brokers who provide the software to their clients. It is a free-of-charge Forex trading platform, offering wide technical analysis options, flexible trading system, and algorithmic and mobile trading. MT4 is a popular online trading platform that can be used to automate one's trading. Its simple user interface provides users with access to advanced technical analysis and flexible trading systems.

FXPrimus MetaTrader 5

MetaTrader 5 is a free application for traders allowing to perform technical analysis and trading operations in the Forex and exchange markets. MetaTrader 5 is a multi-asset platform suitable for trading in the Stocks and Futures markets too. It is a multi-asset platform that allows trading Forex, stocks and futures, and it also offers superior tools for comprehensive price analysis. There are many benefits at MT5, as the platform represents an all-in-one concept, offers impressive analytical tools and a modern look with the allowance to open hundreds of charts and perform analysis through truly advanced institutional grade features.

FXPrimus PC Trading Platform

One needs a computer with high performing hardware if their plan is to be a full time trader using FXPrimus. A trading computer with access to a FXPrimus PC trading platform is a superior, extremely fast computer which is designed and customized to maximize a traders ability to interface with markets and make decisions in real time. There are four key ingredients to a great Trading Computer: speed, reliability, multiple monitors, and post-sale service & support.

FXPrimus Apple Mac Trading Platform

Apple Macs and MacBooks can easily handle the most important requirements when using the FXPrimus trading platform. This includes the ability to have multiple browser tabs or trading apps open, a high quality display or monitor (high definition Retina displays with True Tone technology, adjusting and adapting to ambient lighting), an accurate trackpad or mouse, lightweight design, and long battery life. Macs are easy to set up, start up, use and even maintain. A Mac can go from cold boot to live trading using just a couple of mouse clicks and in well under a minute. Therefore, the FXPrimus trading platform is very user friendly and easy to use on a Mac device.

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FXPrimus Trading Look And Feel

The FXPrimus user interface (UI) is what FXPrimus traders will see and interact with first when trading with the FXPrimus trading platform. The FXPrimus is well designed. The goal of the FXPrimus trading UI is to make the FXPrimus user's experience easy and intuitive. The FXPrimus application has good user experience and a good level of customer satisfaction.

FXPrimus Security

FXPrimus is a secure trading platform. FXPrimus offers traders security via 2 factor authentication, SSL encription when trading with FXPrimus. FXPrimus trading accounts are masked and encrypted using cutting-edge encryption and masking technology to secure your personal and financial information when trading with FXPrimus. Rate limitation on FXPrimus suspicious account activities is another layer of protection that is provided for FXPrimus trading accounts, for example multiple failed login attempts with FXPrimus. You have the option to further safeguard your account by using FXPrimus Two-Factor Authentication (2FA), which provides an extra layer of security.

The FXPrimus trading infrastructure is constantly watched and guarded by a trained team at FXPrimus In addition, FXPrimus never send sensitive information without first encrypting on the FXPrimus trading platform using transport layer security (TLS) and SSL.

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Placing A Buy Or Sell Order On FXPrimus

Available FXPrimus order types. # market, limit, stop, stop limit, Good until end of day / canceled.

FXPrimus Market Order

A FXPrimus market order is an order to buy or sell a stock at the market's current best available price. A market order usually ensures an execution, but it does not guarantee a specified price. Market orders are optimal when the primary goal is to execute the trade immediately. FXPrimus market orders are executed by a broker or brokerage service on behalf of clients who wish to take advantage of the best price available on the current market. FXPrimus market orders are popular as they are a fast and reliable method of either entering or exiting a trade.

FXPrimus Limit Order

A FXPrimus limit order is an order to buy or sell a stock with a restriction on the maximum price to be paid or the minimum price to be received. If the order is subsequently filled, it will only be at the specified limit price or better. However, having said this, there is no assurance of execution.

FXPrimus Stop Order

A FXPrimus stop order, also referred to as a stop-loss order, is an order to buy or sell a stock once the price of the stock reaches a specified price, known as the stop price. When the stop price is reached, a stop order becomes a market order. A sell stop order is entered at a stop price below the current market price. If the stock reaches the stop price, the order becomes a market order and is filled at the next available market price.

FXPrimus Stop Limit Order

A FXPrimus stop-limit order is an order to buy or sell a stock that combines the features of a stop order and a limit order. Once the stop price is reached, a stop-limit order becomes a limit order that will be executed at a specified price (or better). The FXPrimus stop-limit order triggers a limit order when a stock price hits the stop level. A FXPrimus stop-limit order can be helpful when trading if you are unable to watch your trades all day.

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FXPrimus Alerts And Notifications

Price alerts and notifications can be established for executed orders, important news, and margin calls, for example. On the online platform, these notifications appear as pop-up messages. It would be preferable if you could set up email or SMS notifications as well.

FXPrimus review
FXPrimus Trading Platform Features

Online trading platforms like FXPrimus are used by traders to help them with every aspect of trading. Market analysis, price projections, and purchase timing are all key when trading live financial markets with FXPrimus. The FXPrimus trading platform provides traders with up to the second charts in order to enable them to execute transactions at the click of a button using FXPrimus.

FXPrimus Margin Trading

FXPrimus margin trading means borrowing money from the brokerage firm in order to carry out trades. When trading on margin, investors first deposit cash that then serves as collateral for the loan, and then pay ongoing interest payments on the money they borrow. In essence, FXPrimus margin trading is a facility under which one buys and sells stocks that they cannot afford. You are allowed to buy and sell stocks by paying a marginal amount of the actual value. This margin is paid either in cash or in shares as security. Your broker funds your margin trading transactions.

FXPrimus Copy Trading

Copy trading with FXPrimus allows users to copy trades executed by other FXPrimus investors in the financial markets. The goal of copy trading is for a FXPrimus trader to have the same positions as the FXPrimus investor they are copying. When copying another FXPrimus trader, you do not receive the plan of the traders FXPrimus strategy, but simply follow their trades they execute on FXPrimus. FXPrimus copy trading is one way to automate your investment strategy. Copy trading trades on FXPrimus must still be monitored and copy trading on FXPrimus still has risk of trading loss.

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FXPrimus Account Types

FXPrimus Demo Account

FXPrimus offers demo accounts that gives traders the ability to purchase and sell FXPrimus financial instruments in a practice environment, using fake FXPrimus digital money and live market conditions and data. When you practise on a FXPrimus demo account, one of the many advantages you'll enjoy is the opportunity to get acquainted with the more technical parts of the FXPrimus platform. FXPrimus demo accounts allow you to experience and practice a variety of market charts, FXPrimus trading indicators, and trading strategies using FXPrimus.

FXPrimus Standard Account

FXPrimus offers a standard trading account, allowing FXPrimus traders to trade a wide range of financial instruments, with competitive spreads, using the feature rich FXPrimus trading platform.

FXPrimus STP Account

FXPrimus STP (Straight Through Processing) account is a FXPrimus trading feature that involves sending FXPrimus client orders directly to the market without passing them through a dealing desk. A FXPrimus STP account is considered to be more of a hybrid of the ECN and market maker (dealing desk) models.

FXPrimus ECN Account

A FXPrimus ECN (Electronic Communications Network) account is a pure order-matching execution system, where FXPrimus, as a provider, charges a commission per FXPrimus trade instead of inflating the spread, occurring more naturally within the FXPrimus order-matching process. A FXPrimus ECN is a financial intermediary that uses electronic communications networks to give FXPrimus clients direct access to other participants in equity and currency markets. As an ECN broker, FXPrimus only matches FXPrimus trades between other market participants; it cannot trade against the FXPrimus client.

FXPrimus DMA Accounts

FXPrimus Direct market access (DMA) refers to the access one is afford to the electronic facilities and order books of the FXPrimus financial market exchange that facilitate daily securities transactions. Rather than relying on market-making firms and broker-dealers to execute trades, FXPrimus might use direct market access to place trades themselves. FXPrimus DMA accounts make individual contracts with each liquidity provider.

FXPrimus Islamic Accounts

FXPrimus islamic accounts respect Islamic finance law. FXPrimus swap free accounts do not accumilate interest and FXPrimus transactions are actioned immediately. A FXPrimus Islamic Forex account is a halal trading account that is offered to clients who respect the Quran and wish to invest in Islamic compliant financial instruments, using FXPrimus following the principles of Islamic finance. As Sharia law prohibits the accumulation of interest, traders with FXPrimus Islamic accounts do not pay or receive interest rates.

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FXPrimus Tradable Financial Instruments

FXPrimus tradable financial instruments are the financial instruments that are specifically available to trade on the FXPrimus trading platform. This refers to the different types of financial markets you can trade with through FXPrimus. Sometimes called securities , they range from commodity futures to stocks and CFDs, to currencies and metals, and more on FXPrimus.

NameFXPrimusIC MarketsRoboforex
CFD TradingYesYesYes
Stock Markets60210053
ETFsNoNo
Fractional SharesNoNoYes
CryptocurrenciesNoYesNo
riskwarningTry Now

Losses can exceed deposits
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Losses can exceed deposits
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Losses can exceed deposits

FXPrimus review
FXPrimus Trading Stocks

Stock trading with FXPrimus is the act of purchasing and selling shares in a corporation listed on a stock exchange available for trading with FXPrimus; if you possess the stock on FXPrimus, you own a piece of the corporation and may be entitled to voting rights where applicable.

Stock trading on FXPrimus involves purchasing and selling stocks and share using FXPrimus periodically in order to time trades against the stock markets, with the aim of using FXPrimus to profit from your stock trading. FXPrimus stock traders look to profit from the short-term market developments by selling stocks for a profit or buying stocks at a cheap price on FXPrimus. Stock traders on FXPrimus conduct significant study, frequently dedicating several hours every day to market monitoring using FXPrimus trading tools.

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FXPrimus Trading ETFs

What Are ETFs

FXPrimus does not offer ETF trading. An ETF is a collection of assets whose shares are traded on a stock market. They blend the characteristics and potential benefits of stocks, mutual funds, and bonds. ETF shares, like individual stocks, are traded throughout the day at varying prices based on supply and demand.

What Are Fractional Shares

FXPrimus does not offer fractional share trading.

Investors can buy fractional shares of a stock, making it easier to diversify even with modest amounts of money. Investors can buy stock in fractional shares by specifying a dollar amount rather than the price of a whole share.

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FXPrimus Trading Cryptocurrencies

FXPrimus does not offer cryptocurrency trading.

Cryptocurrency trading is not offered by FXPrimus, so you will need to find a FXPrimus alternative that allows you to buy and sell the underlying cryptocurrency assets. FXPrimus CFD trading on cryptocurrency assets is not allowed in the United Kingdom as set by the UKs financial regulator the FCA. Check to see if CFD cryptocurrency trading is allowed in your region with a FXPrimus alternative and make sure you undertand the risks fully before trading.

FXPrimus review
FXPrimus Forex Trading

Forex trading with FXPrimus is a method through which to invest money which involves trading one currency for another in a Forex currency pair with FXPrimus. The main aim of FXPrimus Forex trading is to successfully predict if the value of one currency will increase or decrease when compared to another. You can trade major, minor and exotic currency pairs with FXPrimus. As a FXPrimus Forex trader, one buys and sells currencies on a foreign exchange market. Their duties include performing research or analysis on a currency pair using a trading platform like FXPrimus. In general, Forex traders can either work for banks and hedge funds or trade independently using trading platforms like FXPrimus. Some traders use charts and indicators for Forex analysis, while others rely on news and economic data available on FXPrimus.

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FXPrimus Commodities Trading

Commodity trading is a type of trading available on FXPrimus where individuals or businesses buy and sell financial instruments using FXPrimus related to commodities, such as metals or oil.

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FXPrimus Options Trading

FXPrimus options trading is the trading of instruments that gives someone the right to buy or sell a specific security on a specific date at a specific price. If one decides to complete that purchase or sale, they are know to be exercising the option. FXPrimus option strategies are the simultaneous, often mixed, buying or selling of one or more options which differ in one or more of the options' variables.

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FXPrimus Futures Trading

Futures trading with FXPrimus is where derivative financial contracts obligate a buyer to purchase an asset or a seller to sell an asset at a predetermined future date and set price using FXPrimus to facilitate the trade. A FXPrimus futures contract allows an investor to speculate on the direction of a security, commodity, or financial instrument available on FXPrimus. Typically, futures contracts are traded on an exchange such as FXPrimus; one trader agrees to buy a given quantity of securities or a commodity, and take delivery on a certain date. The selling FXPrimus trader to the contract agrees to provide it.

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FXPrimus Bonds Trading

Bonds trading on FXPrimus is a way of making profit from fluctuations in the value of corporate or government bonds. The government will pay a defined interest rate on an investment for the duration of the issued bond, and then give the original sum back at the end of the loan's term to the FXPrimus trader. Bonds can be bought and sold on FXPrimus after they are issued. While some bonds are traded publicly through FXPrimus, most trade over-the-counter between large broker-dealers like FXPrimus acting on their clients' or their own behalf. Yield is therefore based on the FXPrimus purchase price of the bond as well as the coupon.

FXPrimus CFD Trading

A contract for difference (CFD) allows traders to speculate on the future market movements of an underlying item without owning it or taking physical delivery of it. CFDs can be used to trade a variety of underlying assets, including stocks, commodities, and foreign exchange.

NameFXPrimusIC MarketsRoboforex
Forex CFDYesYesYes
Index CFD2530
Stock CFD501108400
ETF CFD503050
Commodity CFD202020
Crypto CFDNoYesNo
riskwarningTry Now

Losses can exceed deposits
Try Now

Losses can exceed deposits
Try Now

Losses can exceed deposits

FXPrimus review
FXPrimus Trading Research Tools

Taking advantage of FXPrimus trading research tools which are designed to help traders analyse potential investments using the FXPrimus trading platform. Some FXPrimus research tools include charts, technical analysis, and FXPrimus trading indicators.

FXPrimus Trading News

Traders can follow the markets and make wise investment decisions on FXPrimus by using the news to help form a strategy when it comes to choosing investments. A FXPrimus news trading strategy involves trading based on news and market expectations, both before and following news releases. Traders need to assess the news immediately after it is released and make a quick judgement on how to trade as a result.

FXPrimus Economic Calendar

An economic calendar is used by investors to monitor market-moving events, such as economic indicators and monetary policy decisions. Market-moving events, which are usually announced or released in a report, have a high probability of impacting the financial markets. A FXPrimus economic calendar is a resource that allows traders to learn about important economic information scheduled to be released throughout the major economies. Events may include indicators such as GDP, the consumer price index (CPI), and the Non-Farm Payroll (NFPs) report.

FXPrimus Fundamental Data On Financial Instruments & Companies

Fundamental research does not usually generate findings that have immediate applications in a practical level. Fundamental research aims to answer the questions of why, what or how and tend to contribute to the pool of fundamental knowledge in a research area. FXPrimus fundamental analysis research data looks at the price movement of a security and uses this data to attempt to predict future price movements. Fundamental analysis, on the other hand, looks at economic and financial factors that influence a business. Fundamental analysis therefore evaluates securities by attempting to measure their intrinsic value.

FXPrimus Charting

Technical analysis indicators such as MACD,RSI, Stochastics, OBV, and Fibonacci are vital for trading. The primary types of chart used by traders on FXPrimus are the Candlestick Chart, Line Chart, Point and Figure charts, and Renko Chart. Charts such as these are plotted either on an arithmetic or logarithmic scale and the analyst then goes with either one depending on the information acquired.

FXPrimus portfolios

Trading portfolios are useful when trading with FXPrimus.

A trading portfolio is made up of various investment vehicles. Distinct trading portfolios, each tailored toward a different investing strategy, might be owned by an investor.

A FXPrimus trading portfolio is a traders collection of investments, which may include a variety of FXPrimus financial instruments.

FXPrimus review
FXPrimus Payment Methods

A FXPrimus payment method is required to fund your FXPrimus trading account before placing a buy or sell order on a financial instrument.

When trading with FXPrimus, there are a variety of payment options accessible; different brokers support different deposit and withdrawal methods. Each trade payment option has its own set of benefits and cons in terms of costs, processing times, and limits. Some thing to be aware of is if your bank accounts base currency is different to the base currency of your trading account, your bank may add additional transfer fees that FXPrimus do not have any control over.

NameFXPrimusIC MarketsRoboforex
Payment MethodsBitcoin Payments, Credit Card, emerchantpay, Mastercard, MoneyGram, Neteller, Paysafecard, Skrill, Visa, Wire TransferBPAY, Credit Card, FasaPay, Giropay, Mastercard, Neteller, PayPal, POLi, QIWI, Rapid Transfer, Skrill, UnionPay, Visa, Wire Transfer, Yandex MoneyADVcash, Alipay, Bitcoin Payments, Cashu, FasaPay, Giropay, iDeal, MoneyGram, Neteller, Perfect Money, POLi, QIWI, Rapid Transfer, SafeCharge, Skrill, Sofort, Trustly, Vietcombank Transfer, Visa, Webmoney, WeChat Pay, Wire Transfer, Yandex Money
riskwarningTry Now

Losses can exceed deposits
Try Now

Losses can exceed deposits
Try Now

Losses can exceed deposits

FXPrimus review
FXPrimus Withdrawl Methods

When trading with FXPrimus at some point you will want to release your funds back to your bank account or other withdrawal method. Many modern trading platforms offer withdrawal of your trading account balance to digital wallets and direct bank transfers. Depending on your geo region certain withdrawal methods may be more convenient to you. Each withdrawal method has its own withdrawal time which you will have to check before withdrawing your FXPrimus account balance. FXPrimus may have minimum withdrawal limits that you will need to check before withdrawing.

You may be charged a currency conversion fee by your withdrawal method if you withdraw your FXPrimus account balance in a currency other than GBP, or whatever your withdrawal method account base currency is.

FXPrimus Withdrawals Times

The time it takes for your withdrawal to arrive is determined by the method you used to make it. It's important to remember that this is the payment method you used to fund your FXPrimus account.

Withdrawal requests can take up to three business days to be processed by FXPrimus.

You may anticipate to receive your money within three business days for bank transfers, credit/debit cards, and digital wallets.

If you're having a withdrawal transferred to your digital wallet account, your FXPrimus should arrive in less than 24 hours.

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FXPrimus Customer Support

Customer support represents the resources within the FXPrimus company that provides technical assistance to its customers after they use the FXPrimus service. A customer may often need to seek out support when they are in need of help, so a customer support team must be easy to contact, available, and responsive.

FXPrimus offer email, livechat, phone, customer support.

FXPrimus Email Support

FXPrimus offers email support.

Email support is a a convenient method of FXPrimus customer service but responses to support queries are not quick. You may have to wait between 1 - 3 days for a response from FXPrimus regarding your support request.

FXPrimus Livechat Support

FXPrimus offers livechat support.

FXPrimus live chat support is a way for customers to obtain help from FXPrimus through an instant messaging platform. It happens at a one-to-one level, often via the company's website. It can be a proactive chat pop-up, with a chat box appearing on the screen and asking if you need help. Clicking on it would then connect you to a live agent. Livechat is great if you require a reponse to your support request withing 15 minutes.

FXPrimus Telephone Support

FXPrimus offers telephone support.

FXPrimus telephone Support is often used for pre-sale queries, order taking, or even upselling and cross-selling, and troubleshooting. Outbound calls are calls made to customers from the FXPrimus call centre to give or take information.

FXPrimus review
FXPrimus Educational Resources

FXPrimus educational resources are used throughout the FXPrimus learning environment to help and assist with customer's development and learning of trading on FXPrimus. They are designed to reinforce learning and in some cases allow people to put their knowledge to the test using FXPrimus trading tools. Educational resources are brilliant for educators to help deliver the best quality lessons.

FXPrimus Trading Platform Tutorials

FXPrimus offer a range of learning resources and tutorials and guides made available to registered FXPrimus users. The FXPrimus guides are usually broker down into indepth articles explaining varioius trading topics, quizes and video explainers which aim to educate FXPrimus users on basic trading principles.

FXPrimus Trading Videos

FXPrimus offer a selection of online trading videos.

Trading videos on FXPrimus help new and even more experienced investors gain insights into FXPrimus technical analysis tools and how the different financial markets work when trading on FXPrimus.

FXPrimus trading videos cover the basics of financial instruments like stocks, Forex, commodities, ETFs and cryptocurrencies. Some FXPrimus training videos help widen your trading knowledge. The more trading knowledge you have the better you will be able to mitigate and understand trading risks when using FXPrimus to trade live financial markets.

FXPrimus Webinars

FXPrimus offers access to online webinars. A webinar is an interactive online event in which a speaker (or a small group of speakers) delivers a presentation to a large audience of FXPrimus clients who participate by asking questions, replying to polls, and using other interactive technologies available on the FXPrimus trading platform.

FXPrimus review
FXPrimus Financial Regulation When Trading

Financial regulations on FXPrimus protect consumers' investments. Regulations prevent financial fraud and limit the risks that FXPrimus as a financial institution can take with their investors' money. Financial regulators oversee three main financial sectors: banking, financial markets, and consumers. A well-functioning financial system is vital for the economy, businesses and consumers. FXPrimus financial regulation is part of ensuring the safety and soundness of the financial system and protecting consumers.

Is FXPrimus Regulated?

FXPrimus is regulated by Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Vanuatu Financial Services Commission (VFSC).

FXPrimus is licensed by financial regulators in certain jurisdictions. You can find out if brokers like FXPrimus are licensed in your country, if they have had run-ins with regulators, or received serious complaints from FXPrimus investors, directly with financial regulators in your country.

FXPrimus Regulatory Protection Limits

When registering with FXPrimus you must check with regulatory body your FXPrimus trading account falls under. Even though you are a resident of the UK for example your account may fall under regulatory rules outside the jurisdiction of the FCA. Check which company entity and regulation your FXPrimus account is over seen by. FXPrimus client funds are stored in segregated 3rd party bank account in accordance with FXPrimus financial regulators.

Client country Investor protection amount Regulator
United Kingdom ยฃ85,000 Financial Conduct Authority (FCA)
EU Investor Compensation Scheme max โ‚ฌ50,000 Directive of The European Parliament and European Commission
Other countries 90% of your funds, max โ‚ฌ20,000 Bulgarian Financial Supervision Commission (FSC)

FXPrimus Trading Signals

FXPrimus offers trading signals to FXPrimus clients.

FXPrimus trading signals are triggers to buy or sell a security based on a pre-determined set of criteria. Traders can create trading signals using a plethora of criteria: from simple ones, such as earnings reports and volume surge, to more complex signals that are derived using existing signals. A FXPrimus trading signal is an alert to traders to either enter or exit a position. Trading signals are based on specific times and prices and can be identified through technical or fundamental analysis. It is up to the FXPrimus trader to then decide whether or not to act on the signal.

Make sure you understand the risks of trading signals.

How does FXPrimus make money?

Because FXPrimus acts as an intermediary, FXPrimus gets compensated on buy and sell transactions of financial instruments. As a result, FXPrimus profit is determined by the volume and number of transactions. FXPrimus earns revenue to fund their FXPrimus platforms and wide range of trading services through market spreads.

Can you buy shares on FXPrimus?

FXPrimus provides customers with real company shares. Traders can choose from thousands of stock CFDs in addition to shares. You can see the complete list of stocks here. FXPrimus offers CFD stock trading. When trading CFD stocks you are not trading real stocks as you do not own any underlying stock assets. A CFD stock is a leveraged deal between the trader and FXPrimus on the speculative up or down price movement on an agreed stocks price movement.

Does FXPrimus offer Cryptocurrency?

FXPrimus does not offer cryptocurrency trading. The offering of crypto CFDs was stopped by most trading platforms on November 27, 2020, as a result of the Financial Conduct Authority of the UKs restrictions on cryptocurrency. While buying and selling Bitcoin and other cryptocurrencies is still lawful, the UK financial regulator, the Financial Conduct Authority (FCA), has made trading cryptocurrencies illegal for UK residents. This is because the FCA considers crypto CFD trading to be a high-risk activity. You'll need to see if trading crypto CFDs are allowed in your country.

FXPrimus Lower fees, lower costs?

FXPrimus have reasonable trading fees and costs. FXPrimus may charge a deposit fee. FXPrimus may charge a withdrawal fee. Some withdrawal fees are out of the control of FXPrimus and may be due to 3rd party payment providers and your account base currency.

What about the minimum deposit?

FXPrimus minimum deposit is 100 USD / GBP / EUR.

How to start your FXPrimus account?

You can sign up for a live or demo FXPrimus trading account by visiting FXPrimus and signing up. Enter your details, upload proof of ID, fund your account and you should be up and trading within a few hours. Open an FXPrimus account here.

How's the FXPrimus trading app?

FXPrimus allow traders to trade financial markets on iOS, Android supported mobile devices.

You can tryout the FXPrimus trading app here.

Is the quality of FXPrimus customer service satisfactory?

FXPrimus have great customer support which is accessible through email, livechat, phone, support options.

Is this broker good for new traders?

FXPrimus is a good trading platform for new traders as FXPrimus offer a good range of educational resources, good support options as well as a demo account.

How do you withdraw money from FXPrimus?

FXPrimus offer a good selection of withdrawal options. Once FXPrimus have confirmed and approved your withdrawal information, withdrawals are usually processed within 1 to 3 days.

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Ashly Chole - Senior Finance & Technology Editor

FXPrimus Review 2022 (Expert Review) guide updated 23/09/22