FX Primus Review Pros, Cons and Ratings
Pip calculator, Fibonacci calculator, currency calculator, pivot calculator, and currency calculator are some of the trading calculators that you can use. FXPRIMUS’s team of professional financial analysts has a library of instructive training videos, seminars, and webinars. These offer insights and specific reports to https://forexarena.net/ help you improve your trading knowledge and abilities, as well as make more educated trading decisions. FXPRIMUS offer a selection of energy instruments for trading with competitively low spreads, including oil and gas.
Review Methodology
There are things that can be looked at to help you improve your trading skills. The VIP service provides one on one personalised support with access to the brokers trading signals. This service is available to clients who have an account balance of at least $10,000. I think it would primus fx be better if all clients had access to this but I do understand why it would be incentivised. On the other hand, FXPIG is a good forex broker that gives all clients personalised support regardless of their investment size. The commission-free pricing environment begins with an expensive 1.5 pips or $15.00 per round lot and is the only one that offers MT4 and cTrader.
I just made a deposit on my account …
- I like how the broker gives you a choice of trading accounts depending on your strategy and has a good variety of convenient funding options.
- I think these will be useful if you need to perform quick calculations when preparing your trades.
- The market manager tool lets you keep an eye on real time market rates and your trading positions without needing the have your trading platform open.
I appreciate all his support & would like to continue trading for years to come. I will trade more seriously and regularly & I hope to get a positive outcome to generate reasonable income. Rates, terms, products and services on third-party websites are subject to change without notice. We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews. Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey. We have over 20 years of experience when it comes to trading online so we know what to look for.
How do I withdraw money from FXPrimus?
The VIP account is the top specification trading account available at FXPRIMUS with the best trading conditions they offer and a minimum deposit requirement of $10,000. VIP account holders benefit from direct access to the in-house market analyst 24/5 with a free 30-minute consultation and a dedicated account manager who can provide a 60-minute MT4 training session. There are SMS alerts for immediate market updates, exclusive webinars and VIP trading signals that are updated 3 times per day. FXPRIMUS has a good selection of account types suitable to different styles and needs of traders. There are 3 accounts to choose from, the variable account, ECN premium account and VIP account.
App support
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. A short online application form grants new clients access to the back office. Unfortunately, FXPrimus includes unnecessary questions, which are normal for CySEC brokers, to Vanuatu clients. FXPrimus does not really have any unique features, as it focuses on a competitive core trading environment, which I believe it has achieved with its Primus Zero account.
Grateful client review
Just keep in mind that this does not apply to all clients and protections can vary depending on the broker entity that you open an account with. FXPrimus has received nine industry awards from well-respected sources. They are a testament to the ongoing effort by FXPrimus to maintain a competitive edge for its clients.
You can open, manage and close positions on the go in just a few clicks. I like how I can go from using complex technical indicators on the desktop version of the platform to conveniently following trades from my mobile phone. If you don’t have your own computer or mobile to hand, you can login to the web platform from another device without needing to install any software. I like the Primus Zero account, as it offers high leverage and a very competitive commission-based pricing environment with raw spreads of 0.0 pips for a commission of $5.00. The minimum deposit requirement is $1,000, but I think it is well worth it for high-frequency traders.
An ECN acts as a bridge between clients and tier 1 liquidity providers. This account also comes with the same additional benefits as the standard account with access to some extras such as trading signals for qualifying clients. FXPRIMUS have a selection of efficient, powerful and advanced trading platforms that are available on desktop (Windows / Mac), web and mobile (iPhone / iPad / Android / Tablet). The different platform options provide quick and easy access to your trading account from anywhere in the world at any time of day.
FXPrimus notes that it covers all deposit and withdrawal fees, but third-party costs may apply, dependent on the payment processor. While the minimum deposit is as low as $15, the minimum withdrawal for all payment processors is $100. Processing times vary from up to five minutes for e-wallets to five working days for wire and local transfers.
I love that there are so many digital wallets as this is my preferred method of payment. This is because it gives quicker access to my trading funds which is important in case there is some market news that I am trying to take advantage of. I don’t always want to be waiting around days for a bank transfer to clear. FXPrimus features four account types, including one Cent account, only available with the MT4 trading platform. Cent and Classic are more expensive commission-free accounts, while Pro and Zero are commission-based, where the latter ranks among the cheapest ones and the account type I highly recommend at FXPrimus. The broker has a skilled and experienced global customer service team who are on hand to offer you support 24/5 via online chat, telephone or email.
There are other brokers who provide a free VPS including Key to Markets. In addition to this, they run strict tests of services with a risk management model to try and ensure that clients do not end up with a negative balance position. My account manager MD IMRAN HOSSAIN is very quick in responding to any question i had and he is checking up on me from time to time. They have a team of experienced financial analysts that have compiled together a comprehensive library of educational training videos, seminars and webinars. These provide detailed insights and special reports to help increase your trading knowledge and skills, whilst helping with making informed trading decisions. This type of educational content could cost a lot of money from a third-party provider so it is great that the broker provides it to you free of charge.
Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. 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. I hv not started trading yet but the account manager assigned to me, Mr. Sharif is very kind n helpful. I will recommend FxPrimus to anyone looking for a broker as the support is excellent. On the FXPRIMUS website, there are a lot of interesting educational videos about things like trading psychology, trading platforms, technical analysis, and more.
FXPRIMUS host global seminars and webinars to try and help educate traders of all experience levels. Registration and attendance are free and anyone who is interested in learning more about trading is welcome to attend. Not many brokers provide this so it is something that helps to differentiate them from other brokers. FXPRIMUS have a decent range of trading calculators that can help risk management when preparing for a trade. 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.