FXPRIMUS

Risk warning: 68.02% of retail CFD accounts lose money


FXPRIMUS Review

Author bio.

Stéphane BottineStéphane has worked in financial services since 2005, within capital markets and investment banking. He graduated from the London School of Economics and HEC Paris.

FCA Register

Updated on: 29 November, 2020

  • Awards
  • Best Forex Research, 2016 - AtoZ Forex
  • Best Training and Education Provider, 2016 - MENA
  • Most Trusted Broker, 2015 - MENA
  • Pros
  • No restrictions on trading with an ECN account.
  • Account base currencies: EUR, USD, GBP, SGD, PLN.
  • Get one-on-one training from your account manager.
  • Negative balance protection for all clients.
  • All accounts are swap-free.
  • Cons
  • Only supports MetaTrader 4.
  • Doesn’t support CFDs on commodities, bonds or ETFs.

Accounts (4)

FXPRIMUS

Variable Spreads - Swap Free [EU]
  • Trade over 120 instruments across Forex, commodities, energies, global indices and US equities on low floating spreads without commission.
  • $ 100 Minimum deposit
  • 1:30 Leverage (EUR/USD) ?
  • 1.5 Pips (EUR/USD)
  • $ 0 Commission / lot
  • More ▼
  • Open account ▷
    68.02% of retail CFD accounts lose money

FXPRIMUS

ECN Premier - Swap Free [EU]
  • Trade over 120 instruments across Forex, commodities, energies, global indices and US equities from 0 pips plus commission.
  • $ 500 Minimum deposit
  • 1:30 Leverage (EUR/USD) ?
  • 0.3 Pips (EUR/USD)
  • $ 10 Commission / lot
  • More ▼
  • Open account ▷
    68.02% of retail CFD accounts lose money

FXPRIMUS

Variable Spreads - Swap Free [Vanuatu]
  • Trade over 120 instruments across Forex, commodities, energies, global indices and US equities on low floating spreads without commission.
  • $ 100 Minimum deposit
  • 1:1000 Leverage (EUR/USD) ?
  • 1.5 Pips (EUR/USD)
  • $ 0 Commission / lot
  • More ▼
  • Open account ▷
    68.02% of retail CFD accounts lose money

FXPRIMUS

ECN Premier - Swap Free [Vanuatu]
  • Trade over 120 instruments across Forex, commodities, energies, global indices and US equities from 0 pips plus commission.
  • $ 500 Minimum deposit
  • 1:1000 Leverage (EUR/USD) ?
  • 0.3 Pips (EUR/USD)
  • $ 10 Commission / lot
  • More ▼
  • Open account ▷
    68.02% of retail CFD accounts lose money

Offers (4)

Important: please visit the broker's website for their terms and conditions.

FXPRIMUS will credit your trading account with a 30% bonus (subject to a US$ 1,500 cap) when you deposit a minimum of US$ 500. This offer is open to new and existing customers who deposit or re-deposit into their Live Individual, Joint, or Corporate ECN or Variable trading account with Primus Markets INTL Ltd, the company's Vanuatu entity. Please note that Indonesian residents are not eligible.

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68.02% of retail CFD accounts lose money

FXPRIMUS will credit your trading account with a 100% bonus on every deposit (subject to a US$ 10,000 cap), and cashback between US$ 2 and US$ 4 on every lot traded, when you deposit a minimum of US$ 500. This offer is open to new and existing customers who deposit or re-deposit into their Live Individual, Joint, or Corporate ECN (US$ 4 cashback) or Variable (US$ 2 cashback) trading account with Primus Markets INTL Ltd, the company's Vanuatu entity.

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68.02% of retail CFD accounts lose money

Get free trading signals when you open a VIP account by depositing upwards of $10,000 into your FXPRIMUS account. VIP account holders also get personal access to a market specialist on a 24/5 basis.

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68.02% of retail CFD accounts lose money

FXPRIMUS supports international and local payment methods, across multiple base currencies. FXPRIMUS will cover any fees charged by its bank on deposits and withdrawals. However, please note that your bank (and any correspondent banks) may charge fees of their own, and FXPRIMUS does not cover these fees.

Visit website ▷

68.02% of retail CFD accounts lose money

Trade over 120 instruments across Forex, commodities, energies, indices and global equities on tight spreads from the MetaTrader 4 platform:

  • Forex and crypto-currencies: trade CFDs on 43 currency pairs across Forex Majors, Minors and exotics. You may also trade CFDs on the price of Bitcoin and Ethereum.
  • Commodities and energies: trade CFDs on the price of Gold, Silver, Copper and Oil (UK Brent and US Light Sweet Crude Oil).
  • Indices: trade CFDs on 10 stock indices such as the S&P500, Nasdaq 100, Dow Jones, Hang Seng, German DAX and IBEX.
  • US equities: trade CFDs on the shares of 60 US companies such as Citigroup, Google and Verizon.
  • Asset classes
  • Forex (CFD)
  • Cryptos (CFD)
  • Stocks (CFD)
  • Indices (CFD)
  • Metals (CFD)
  • Energy (CFD)
  • Asset classes (#)
  • Forex (CFD)42
  • Cryptos (CFD)10
  • Stocks (CFD)106
  • Indices (CFD)15
  • Metals (CFD)7
  • Energy (CFD)7

Trading platforms

FXPrimus.com supports MetaTrader 4, the world’s most popular retail trading platform. MT4 comes with advanced charting features, technical analysis tools and its own programming language for automating tasks. The platform is available for download across all devices, including Windows and Mac computers as well as Android and iOS smartphones. You can also trade through MT4’s web interface if you prefer.

Choose between a Variable account or an ECN account:

  • Variable Spreads Account: trade on low floating spreads without commission on the MetaTrader 4 platform. Open an account from a low US$ 100 deposit.
  • ECN Premier Account: trade on the tightest available spreads plus a $10 commission per lot, also on the MetaTrader 4 platform. With an ECN account, FXPRIMUS acts as a bridge between you and tier 1 liquidity providers. It aggregates prices from liquidity providers, shows you best the available price and forwards your orders onto market-makers over an Electronic Communication Network (ECN). Open an account from a low US$ 500 deposit.

Get VIP treatment when you deposit upwards of $10,000 upon opening either a Variable or ECN account. This includes personal access to a market specialist on a 24/5 basis, VIP trading signals as well as other Premium account features such as live market update telephone calls and MT4 training. Visit FXPrimus.com to find out more.

Trading conditions

Your account's leverage as well as other trading conditions will depend on the FXPRIMUS entity you trade with: either the CySEC-regulated entity or the Vanuatu-regulated entity.

CySEC trading conditions:

If your account is associated with Primus Global Ltd, the CySEC-regulated entity, leverage will depend on the instrument you trade with, in line with ESMA regulations. At present, leverage is capped at 1:30 across Forex Majors and 1:20 across Forex Minors. The margin call and stop-out levels stand at 50%. FXPRIMUS reserves the right to increase margin requirements at times of market stress.

If you are an EU resident, your account will automatically be associated with the CySEC-regulated entity. However, you may ask to have your account associated with the company's Vanuatu-regulated entity to enjoy more favourable trading conditions.

Vanuatu trading conditions:

If your account is associated with Primus Markets INTL Limited, the Vanuatu-regulated entity, leverage will depend on your account's balance in US$ or an equivalent currency. The margin-call and stop-out levels stand at just 30%.

  • US$0 to US$1,000: up to 1:1000
  • US$1,001 to US$20,000: up to 1:500
  • US$20,001 to US$50,000: up to 1:400
  • US$50,001 to US$100,000: up to 1:200
  • Above US$100,000: up to 1:100

Please note that FXPRIMUS reserves the right to change these conditions at any time.

  • Trading platforms
  • MetaTrader 4
  • Copy trading
  • Mirror trading
  • Operating systems
  • Web trader
  • Android
  • iOS

Account funding

Note: payment methods depend on the entity with which you open an account, as well as your country of residence. Please visit the company's website for all payment methods.

  • Deposits and withdrawals
  • Bank transfer
  • Credit card
  • Debit card
  • Bitcoin
  • China UnionPay
  • FasaPay
  • NETELLER
  • Skrill
  • Account base currencies
  • EUR - Euro
  • GBP - British Pound
  • PLN - Polish Złoty
  • SGD - Singapore Dollar
  • USD - U.S. Dollar

Regulators

FXPRIMUS places particular emphasis on security and safety of funds. Client funds are held in segregated accounts, managed by a third party. All FXPRIMUS clients are insured with a €2.5 million policy. FXPRIMUS is the brand name used by:

  • Primus Global Ltd (previously known as FX Primus Europe (CY) Ltd), regulated by CySEC, with licence no. 261/14.
  • Primus Markets INTL Limited, regulated by VFSC, with registration no. 14595.
  • Primus Africa (Pty) Ltd, regulated by FSCA, with licence no. 46675.

Risk warning

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 61.07% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Read the full risk disclosure on FXPrimus.com.

  • Company information
  • Company nameFxPrimus Europe (CY) Ltd
  • Head officeLimassol, Cyprus
  • Incorporation date2009
  • Regulators
  • E.U.CySEC No. 261/14
  • South AfricaFSCA No. 46675
  • VanuatuVFSC No. 14595

Alternatives

68.02% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.