If you are new to trading online then I am sure you will be pleased with the amount of educational content. There is insightful market analysis and trading signals to help https://forexarena.net/ inspire trade ideas. Overall, this is a well-established online trading broker with great emphasis put towards client safety and education. They have over a decade’s worth of experience within the industry whilst utilising some new technologies to continue to try and improve their offering to traders. MetaTrader 4 (MT4) is one of the most popular online trading platforms used by millions of traders around the world.
Educational Videos
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. 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 primus fx mouse clicks.
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We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. This is the best brokey company i use it I said again Thank you very much fxprimus for your appreciation and respect and for your continued support. FXPrimus is a market maker/ECN hybrid, meaning its profits from client losses where it acts as the counterparty to a position as a market maker. I recommend beginners read them to understand some basics before enhancing their education with trusted third-party sources available online free of charge. Here is a screenshot of the FXPrimus quotes in their MT4 during the London-New York overlap session, the most liquid one, where traders usually get the lowest spreads.
Premma, an a amazing account manager
The main difference between each of the accounts are the features that you get access to. You can choose from low spreads or no commission fee, depending on what works best for your strategy. They also provide demo accounts if you would like to test the trading platforms and conditions before opening a real account. I found the broker to have a nice selection of market news and chart analysis tools. I think this can help to assist with your trading decisions and enhance the capabilities of MT4 trading platforms. Access to all of these trading tools is available to traders with any portfolio size and trading experience.
Once verified by the accounts team you will then be able to fund your account and start trading. I completed it within minutes and had an email right away with my login details. It is great that the whole process is done online but also expected in today’s day and age.
Grateful client review
When you engage with FXPRIMUS cTrader, you may put your most ambitious ideas and plans into action. 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.
- I can code my own systems in the MQL4 language or get access to thousands of free and paid tools from other users from within the platforms marketplace.
- FXPrimus is a market maker/ECN hybrid, meaning its profits from client losses where it acts as the counterparty to a position as a market maker.
- I also want to caution beginner traders against using a demo account as an educational tool.
- Once verified by the accounts team you will then be able to fund your account and start trading.
- The trade terminal is a fully customisable window through which you can trade 120+ instruments in just one click.
MT4 also supports Futures, Indices, Equities, and other CFD trading. FX Primus provides over 130 financial instruments; these trading instruments are from various asset classes such as forex, stocks, indices, commodities, and cryptocurrencies. 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. Hi Ashim Das,We’re sorry to hear that your experience with us has not been the best.To protect your privacy, please reach out to our team and we’ll happily review any issues you may have faced. You can send an email to and include “TP Review” and your FXPRIMUS ID in the subject line. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation.
Only verified trading accounts may request withdrawals, and FXPrimus processes withdrawal requests Monday through Friday between 0700 and 2100 (GMT+2). The former has eleven video tutorials, which guide beginner traders through the account opening, verification, and funding, installing the MT4 trading platform and registering as a partner. One of the most ignored trading costs is swap rates on leveraged overnight positions. Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check them before evaluating the total trading costs. 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.
FX Primus offers Virtual Private Servers (VPS) to its clients who want to automate their trading 24/7. The brokers website has a basic glossary of terms and definitions that can be used to help familiarise yourself with some of the most popular trading related terms. FXPRIMUS is a member of the Investor Compensation Fund (ICF), thus eligible client’s funds are protected. In addition to this, they also have professional indemnity insurance via the Howden Group.
It also goes to show that they want to help beginners to be informed traders. FXPRIMUS client funds are held in segregated bank accounts separate from the brokers funds and therefore cannot be used for any other purpose such as running costs. They have partnered with Boudica Client Trust for third-party monitoring of client withdrawals to ensure requests are processed in a prompt and efficient manner.
If you would like to practice your trading skills and try out the FXPRIMUS service and platforms, they do provide a demo trading account. I would always suggest starting on a demo account to see if a broker can meet your needs. The economic calendar lets you keep up to date with the latest market news from across the globe.
I didn’t really learn anything that I don’t already know from years of trading but I think new traders who are visual learners would find these more beneficial. FXPrimus offers traders demo accounts and does not list a time limit on its website. Demo accounts are ideal for testing new trading strategies and bug-fixing algorithmic trading solutions.
Founded in 2009, FXPRIMUS is an online trading broker with great emphasis put towards client safety and education whilst utilising new technologies to continue to improve their offering to traders. I was impressed by the excellent range of trading tools for conducting chart analysis and finding trading signals. 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. If you are a beginner, you can learn from an extensive collection of educational content whilst practising your trading on a free demo account. For those of you who are ready to start trading, the minimum deposit is just $100 and opening an account takes just a few minutes. Overall, I think FXPRIMUS can be a great choice of broker for trading forex.