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FXPrimus-Overview of Minimum Deposit, Leverage, Spreads

FXPRIMUS | 2024-08-15 17:26

Abstract:FXPRIMUS is a broker, which was founded in Vanuatu in 2020, offering trading on forex, metals, equities, indices, cryptos and stocks with leverage up to 1:1000 and spread from 1.5 pips on MT4/MT5/WebTrader trading platform. The minimum deposit requirement is $15. Besides, residents of Australia, Belgium, Iran, North Korea and USA are not allowed.

FXPRIMUSReview Summary
Founded2020
Registered Country/RegionVanuatu
RegulationCySEC (suspicious clone)
Market InstrumentsForex, metals, equities, indices, cryptos, stocks
Demo Account✅
LeverageUp to 1:1000
SpreadFloating around 1.5 pips
Trading PlatformMT4, MT5, WebTrader
Minimum Deposit$15
Customer SupportFacebook, X, Instagram, Linkedin, Youtube
Live chat, contact form, 24/5 customer support
Email: support@fxprimus.com
Address: number 14595 and registered address at Govant Building, BP 1276, Port Vila, Vanuatu
Regional RestrictionsAustralia, Belgium, Iran, North Korea and USA

FXPRIMUS Information

FXPRIMUS is a broker, which was founded in Vanuatu in 2020, offering trading on forex, metals, equities, indices, cryptos and stocks with leverage up to 1:1000 and spread from 1.5 pips on MT4/MT5/WebTrader trading platform. The minimum deposit requirement is $15. Besides, residents of Australia, Belgium, Iran, North Korea and USA are not allowed.

FXPRIMUS Information

Pros and Cons

ProsCons
With demo accountSuspicious clone license
Various contact channelsRegional restrictions
Various trading products
MT4/MT5 platform
Low minimum deposit of $15
Popular payment options

Is FXPRIMUS Legit?

FXPRIMUS is licensed by CySEC to offer services. Its license number is 261/14. It also holds certifications from VFSC. But its current status is suspicious clone.

Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
Cyprus Securities and Exchange Commission (CySEC)Suspicious ClonePrimus Global LtdMarket Maker (MM)261/14
license

What Can I Trade on FXPRIMUS?

FXPRIMUS provides a wide range of trading products such as forex, commodities (metals, equities) , indices, cryptos and stocks.

Tradable InstrumentsSupported
Forex✔
Metals✔
Energies✔
Equities✔
Indices✔
Cryptos✔
Stocks✔
CFDs❌
ETFs❌
Bonds❌
assets

Account Type

Account TypeMinimum Deposit
PrimusCLASSIC$15
PrimusPRO$500
PrimusZERO$1000
Account Type

Leverage

FXPRIMUS offers flexible leverage options, varying by account type and equity. Since leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.

Account TypeAccount EquityAccount Leverage
Classic0-50001000
Classic5001-20000500
Classic20001-50000300
Classic50001-100000200
Classic100001-200000100
Classic200001+50
Pro0-5000500
Pro5001-20000300
Pro20001-50000200
Pro50001-100000100
Pro100001+50
Zero0-5000500
Zero5001-20000300
Zero20001-50000200
Zero50001-100000100
Zero100001+50
Leverage

FXPRIMUS Fees

Account TypeSpreads
PrimusCLASSICStarting from 1.5 pips
PrimusPROStarting from 0.3 pips
PrimusZEROStarting from 0 pips

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
MT4✔Desktop, mobile, tabletBeginners
MT5✔Desktop, mobile, tabletExperienced trader
WebTrader✔Online web trader/
Trading Platform

Deposit and Withdrawal

FXPRIMUS accepts payments via Visa, TrustPay, Neteller, FasaPay, UnionPay, MasterCard, Bitcoin, ecoPayz, Emerchant and SafeCharge.

Payment OptionsMinimum DepositFeesProcessing Time
Bank Wire$100Covered by FXPRIMUS2-5 Working Days
Local Transfer$100Covered by FXPRIMUS1-5 Working Days
Credit Cards$100Covered by FXPRIMUSUp to 5 minutes
E-Wallets$100Covered by FXPRIMUSUp to 5 minutes
Deposit and Withdrawal
Deposit and Withdrawal

LeverageBrokerCurrency PairDealerForex tradingForex Brokerforex pips

Related broker

Suspicious Clone
FXPRIMUS
Company name:Primus Markets INTL Ltd
Score
1.48
Website:https://www.myprimusmarkets.com/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.48

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