Written by: Adam Nasli
Recommended for: forex trading 4.0/5
Trusted broker: Negative balance protection (terms apply)
Updated: DEC,2022
Popularity: 2 millions people chose this broker overall.
BrokerChooser Score: 4.6/5
FXPRIMUS review summary
FXPRIMUS is an online FX and CFDs trading provider regulated in multiple jurisdictions. The broker delivers a safe environment with the best execution speeds combined with innovative technology. The broker has gained numerous rewards by being recognized as one of the best Forex providers in the market. The broker established its offices in Vanuatu, along with a Forex Broker in Cyprus, South Africa, and other countries around the world to cover the global needs of their clients.
- FXPrimus was founded in 2009 and since then has expanded globally building its presence all across Europe, Asia, and Africa with a constantly growing trader base of +300k. Its headquarter is located in Limassol, Cyprus.
FXPRIMUS is actually operating as the FXPrimus Group through three main brands, while clients may benefit from deep liquidity, provided by international top-tier banking institutions available anywhere in the Forex
Is FXPRIMUS a legit broker?
See how FXPRIMUS is regulated and whether you should have any concerns using it.
FXPRIMUS pros and cons
Pro
Cons
- Founded in Cyprus and operating over a decade
- Regulated by the CySEC
- Global industry awards
- Relatively limited instruments offered
- No 24/ customer support
- The range of the instruments and conditions vary based on entity
FXPRIMUS main highlights
| Country of regulation | Cyprus |
| Trading fees class | Average |
| Inactivity fee charged | Yes |
| Withdrawal fee amount | $0 |
| Minimum deposit | $100 |
| Time to open an account | 1 day |
| Deposit with bank card | Available |
| Depositing with electronic wallet | Available |
| Number of base currencies supported | Various base currencies |
| Demo account provided | Yes |
| Products offered | Forex and CFD products, Cryptocurrency, Indices, Commodities |
Fees
Overall, commissions and spreads charged by FXPRIMUS are at the lower end of the industry average.
Account opening
FXPRIMUS has one of the best account opening processes we encountered: it’s simple, quick, well-designed and intuitive. We were impressed with the ease of the process.
Deposit and withdrawal
You can withdraw money from your FXPRIMUS brokerage account via bank transfer, credit/debit card, and electronic wallets such as Apple Pay or PayPal.
Trading platform
At Alpari users can trade on 3 interfaces.
Glossary
Not sure what some of the terminology means? Here are the most important and relevant terms used in our review
Legitimacy
FXPRIMUS is a thoroughly regulated broker, overseen by a number of highly reputable authorities around the world. Many of its clients are entitled to investor protection, depending on their country of residence.
Research
FXPRIMUS has great charting tools and market analyses on its website. The broker also provides a great news feed, which is available under the Discover menu icon.
Customer service
FXPRIMUS customer support 24/5 is exemplary, one of the best in the sector. We received fast and comprehensive answers.
