FX Primus prides itself on being the self-proclaimed “safest place to trade.” FX Primus spreads start from as low as 0.1 pips with 0% fees on traders’ deposits and withdrawals. They use third-party monitoring for the safety of client fund by partnering with Boudica Client Trust who monitor client withdrawals. This helps to ensure that client withdrawal requests are executed as quickly and efficiently as possible.
FX Primus has won multiple forex broker awards, including the Most Trusted Broker Award from MENA in 2015, and is regulated by CySEC, VFSC, and FSCA. This helps to show the longevity of FX Primus.
Where FX Primus may not be the largest name in the forex broker industry, it is growing at a rapid pace, and the fact that it is not one of the largest means that they can allocate more time to individual client needs and focus on providing superior execution through their liquidity providers (LP’s).
FX Primus provides traders with over 120 instruments to trade online, including forex currency pairs, commodities, indices, and equities. You can start trading on an FX Primus demo account, to begin with, to test the trading conditions, which from my experience, are very good.
Although, keep in mind that demo and real-live trading account conditions can vary due to the artificial liquidity of demo accounts which can lead to differing slippage and spreads.
That being said, FX Primus has some of the most competitive spreads and commissions available to the average retail forex trader. You may even open a small real live trading account to test the real trading conditions at FX Primus.
Markets
FX Primus provides over 130 financial instruments; these trading instruments are from various asset classes such as forex, stocks, indices, commodities, and cryptocurrencies.
Platform
FX Primus offers one of the world’s most popular forex trading platforms: MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are the most user-friendly and have a small learning curve. In addition, the broker provides cTrader and API for its clients. Let’s look at each platform briefly.
MetaTrader 4 (MT4)
On the market today, the most innovative and complex trading platforms are MetaTrader 4. Regular investors utilise it to purchase and sell currencies. MT4 also supports Futures, Indices, Equities, and other CFD trading.
MT4 is noted for its user-friendly design, extensive charting features, technical analysis tools, and automated trading capabilities. The MetaTrader 4 platform offers USD, EUR, GBP, SGD, and PLN as account currencies. It is available in over 30 languages. MetaTrader 4’s distributed design, robust security system, and mobile trading accessibility are just a few of the key skills that give it a competitive edge.
Access, trade, and monitor several accounts from a single interface. All of these features and functions are available in MT4 MultiTerminal with only a few mouse clicks.
FX Primus offers a simple WebTrader platform for traders who wish to trade from their desktop or mobile device without downloading anything. The WebTrader is ideal for beginner traders who wish to practise trading before opening a Live account. Enter your MT4 account and password to get started.
Mobile MT4 versions are available for Android and iOS smartphones.
MetaTrader 5 (MT5)
Forex, Equities, Indices, Commodities, Energies, and Cryptocurrencies are all traded on MT5. This free trading platform offers a wide range of Order Options, Technical Indicators, Timeframes, Graphical Objects, and other features not found on MT4.
cTrader
Enjoy your trading on your preferred PC while making use of cTrader’s strong capabilities. Get started by downloading the platform to your Windows or Mac OS device. Use your cTrader’s ultra-responsive iOS or Android smartphones to trade on the move from anywhere. To get started, download the platform to your smartphone. cTrader, with its unique features and well-developed functionality, gives you access to cCopy, a tool that allows you to copy-tested techniques from other traders. When you engage with FXPRIMUS cTrader, you may put your most ambitious ideas and plans into action. At its finest, technical analysis. A useful tool for traders to obtain effective trading techniques from traders all around the world. Using an intuitive interface, you can simply follow successful techniques or become a Signal Provider.
Platinum API
FXPRIMUS understands that traders need instant access to their trading accounts from anywhere in the world and at any time of day. As a result, FX Primus provides the most efficient and powerful trading platforms on the web, tablet, and mobile. Browse the platforms and services and quickly download them to your preferred device. API Platinum
For the best trading experience, use the fastest speeds and the FIX protocol. This special solution provides direct market access to the clients who prefer to use the FIX Protocol for the most personalised trading experiences.
Tools
FX Primus offers various trading tools that are useful for traders. The most prominent are PAMM accounts, VPS, and a trading tools suite.
PAMM Accounts
Clients of FX Primus can have master PAMM accounts who are professional traders and want people to follow their strategies with a good track record. On the other hand, investors who want to make money by replicating other professional traders’ portfolios can open follower PAMM accounts.
VPS
FX Primus offers Virtual Private Servers (VPS) to its clients who want to automate their trading 24/7.
Education
FXPRIMUS’s team of professional financial analysts has a library of instructive training videos, seminars, and webinars. These offer insights and specific reports to help you improve your trading knowledge and abilities, as well as make more educated trading decisions.
Economic Calendar
People around the world use FXPRIMUS’s economic calendar to keep track of what is going on in the market. It lets you keep up with the news without having to visit a lot of different websites and sources.
Calculators
FXPRIMUS has a lot of calculators that can help you figure out how much risk to take when you’re planning to make a trade. Pip calculator, Fibonacci calculator, currency calculator, pivot calculator, and currency calculator are some of the trading calculators that you can use.
Expert Guides
Any thoughts, news, research, analyses, pricing, or other material presented here are intended to offer general market commentary only and do not represent investment advice. FXPRIMUS accepts no liability for any loss or damage, including, but not limited to, any loss of profit resulting directly or indirectly from the use of or reliance on such material.
Webinars and Seminars
Participate in FX Primus’s webinars to learn from industry professionals and explore how you can enhance your trading methods. The webinars are led by industry professionals and cover a wide range of subjects relevant to all sorts of traders and investors.
Educational Videos
On the FXPRIMUS website, there are a lot of interesting educational videos about things like trading psychology, trading platforms, technical analysis, and more. These videos are for both novice and expert traders. There are things that can be looked at to help you improve your trading skills.
Blog
FX Primus has a blog with a ton of useful educational articles.
Conclusion
Overall, FX Primus is an established forex broker offering the MT4 trading platform and other useful online trading services. The support is very good with very rapid response times, and there is a variety of account options and deposit methods to choose from for your convenience.
The FX Primus spreads and commissions are very competitive, and whilst they are not the largest forex broker in the world, this does mean that you can get a more personalised forex trading experience, especially with the vast array of educational forex tools included with trading accounts at FX Primus.
FX Primus
Pros
- Great choice of trading platforms and apps
- Educational resources
- Useful trading tools
- Managed accounts
- Free demo trading accounts
- Multiple account types and funding methods
- Excellent 24/7 client support
Cons
- Cannot accept USA traders
- Minimum $100 deposit
Self-confessed Forex Geek spending my days researching and testing everything forex related. I have many years of experience in the forex industry having reviewed thousands of forex robots, brokers, strategies, courses and more. I share my knowledge with you for free to help you learn more about the crazy world of forex trading! Read more about me.
