FXPrimus Review – Is FXPrimus Scam?
There are many online brokers in the market today. This is because trading on the Internet has become very popular. This is also because people can make money from the financial markets without having to invest much of their own money. However, there are still several pitfalls that one can encounter when deciding on a broker to trade with. For example, there are a lot of fraudulent brokers in the marketplace. So, it would be best if you researched before deciding which broker to deal with.
FX Primus is a leading Fintech broker that provides a comprehensive list of features and benefits. A wide variety of trading instruments is available to traders, and FX Primus offers assistance through the support center.
As well as offering numerous benefits, FX Primus has a strong reputation as one of the safest online brokers. The company employs a team of professionals to keep clients’ funds secure. They work under strict regulatory and compliance guidelines and maintain capital in segregated accounts with tier-1 banks.
To help clients get started, FX Primus gives them a free demo account to try out their platforms. This is an excellent opportunity for new traders to get a feel for Forex trading without putting any real money at risk.
Accounts available in USD, EUR, GBP, SGD, or PLN
FXPRIMUS has been in business since 2009. It provides services to traders from all over the world. The company has subsidiaries in different countries, including Cyprus, South Africa, Mauritius, and the Republic of Vanuatu.
The group has a good customer satisfaction rating. It also complies with MiFID regulations. It has several deposit and withdrawal methods. Traders can also use credit/debit cards and e-wallets.
In addition, FXPRIMUS offers several promotions. For example, it provides a commission-free account. Similarly, it has a dedicated account manager. Also, the company carries out training programs for users.
Regulated by different jurisdictions
FXPrimus is a global forex and CFD brokerage that provides a wide range of services. The company is headquartered in Cyprus and has various offices around the world. It gives accounts in numerous currencies and also has a social trading capability.
The broker offers various underlying assets for trading, including stocks, commodities, and cryptocurrencies. In addition, FXPrimus offers several types of accounts, including ECN, PrimusCLASSIC, and PrimusPRO. Both beginners and professionals can use these accounts.
FXPrimus also offers a wide variety of funding options, including bank wires in SGD, EUR, and BRL. In addition, the broker offers several e-wallets. For example, clients can fund their accounts using Neteller, FasaPay, and UnionPay.
Offers CFD trading on energies
FX Primus is a well-established forex broker with a reputation for providing innovative functionality. Offering CFD trading on energies and large-cap stocks, the company has more than ten thousand active customer accounts. It is based in Cyprus and regulated by the CySEC.
The forex market is a very liquid, with more than six trillion dollars traded daily. To make trading more accessible, FXPRIMUS provides a range of accounts that cater to all levels of experience and trading styles.
FXPrimus offers three trading platforms. MT4, WebTrader, and a browser-based MT5 solution. Each platform is available on Windows, Mac, and Linux. MetaTrader 5 also has a built-in hardware-accelerated strategy backtesting capability.
Provides a sense of charting and analysis
If you’re looking for a forex broker worth your time, you’ll want to check out FXPrimus. This firm has a strong reputation for being safe and reliable, and multiple regulatory bodies back it. However, it’s essential to know how it works before you deposit money into an account.
There are two primary ways to fund your account. First, you can deposit via a bank wire or e-wallet. Both methods allow you to transfer funds in USD and EUR, though you may have to pay a fee.
In addition to the traditional banking options, you can also use a virtual trading account or mobile app to make transactions. FXPrimus also provides a free demo account for testing your strategy.