FXPrimus
Published: Updated:
- Trust score
- 5/10
- Legal simplicity
- 5/10
- Min. deposit
- 10
- Instruments
- Forex, Metals, Indices, Commodities, Energies, Stocks, Cryptocurrencies
- Legal entity
- FXPRIMUS Ltd
- Jurisdiction
- Vanuatu
- Fees
- Variable and ECN accounts differ in pricing: variable accounts carry the cost in the spread, ECN quotes raw spreads with a commission per lot. Overnight swaps apply, and swap-free accounts are available on request.
- Withdrawals
- Withdrawals return to the funding method and are normally processed within one business day, with e-wallet payouts arriving fastest.
- Available in
Features
- Seminars and training
- Daily market analysis
- Low minimum deposit
- PAMM service
- Islamic accounts
- Deposit bonus
- MAM terminal
- Segregated accounts
- ECN accounts
- Scalping allowed
- Affiliate program
- Wide range of trading instruments
Pros
- No standout advantages on record.
Cons
- No notable drawbacks on record.
FXPrimus is an online Forex and CFD broker founded in 2009, operating through three regulated entities in Cyprus (CySEC), South Africa (FSCA), and Vanuatu (VFSC). It runs an STP execution model on MT4 and MT5, with account types from a $10 micro account up to a $25,000 VIP ECN account. Leverage reaches up to 1:1000 for clients outside the EU; EU clients are capped at 1:30 under ESMA rules.
FXPrimus is a multi-jurisdiction Forex and CFD broker offering ECN and STP accounts, PAMM services, Islamic accounts, and a $10 minimum deposit.
Regulation and safety
FXPrimus was founded in 2009 in Cyprus and operates through three regulated entities: Primus Global Ltd (Cyprus), regulated by CySEC; Primus Africa (Pty) Ltd (South Africa), regulated by the FSCA; and Primus Markets INTL Ltd (Vanuatu), regulated by the VFSC.
The Cyprus entity serves EU traders under ESMA rules; the other entities serve traders from other regions. Client funds are held in segregated accounts, and FXPrimus provides additional insurance coverage on client accounts.
Leverage
ESMA rules cap leverage at 1:30 for EU clients trading through the Cyprus entity. Clients served by the offshore entities can access leverage of up to 1:1000. Higher leverage magnifies both gains and losses.
Account types
FXPrimus operates as an STP broker, passing trades through without dealing-desk intervention. Four account types are available:
- Micro: $10 minimum deposit, average spread 1.4 pips — aimed at novice traders.
- Variable: $15 minimum deposit, floating spread from 1.4 pips.
- ECN: $500 minimum deposit, spreads from 0.1 pips plus a $10 per lot commission.
- VIP ECN: $25,000 minimum deposit, spreads from 0.1 pips plus a reduced $5 per lot commission.
Trading conditions can vary by jurisdiction and country of residence. FXPrimus also offers a PAMM service, letting investors allocate capital to other traders' strategies through profit-sharing arrangements.
Trading instruments
FXPrimus offers Forex currency pairs, major stock indexes, precious metals, energy commodities, and cryptocurrencies. Cryptocurrency trading is available on weekdays only; because the underlying crypto market trades through the weekend, positions can gap between Friday's close and Monday's open, and some crypto CFDs may not be held over the weekend.
Trading platforms
FXPrimus runs on MetaTrader 4 (MT4) and MetaTrader 5 (MT5), each available as Windows, Mac, and web versions.
Minimum deposit
The minimum deposit is $10 on the Micro account. Funding methods include international bank transfer, debit/credit cards, and e-wallets such as Skrill, Neteller, Bitpay, Fasapay, and UnionPay.
Broker profile
- Broker name: FXPrimus
- Year founded: 2009
- Headquarters: Cyprus
- Regulation: CySEC, FSCA, VFSC
- Trading platforms: MT4, MT5
- EUR/USD spread: 1.4 pips
- Demo account: Available
- Minimum deposit: $10
- Base currencies: USD, EUR, GBP, SGD, PLN
- Maximum leverage: Up to 1:1000
- Assets: Currency pairs, indices, stocks, futures, metals, cryptocurrencies
- Deposit methods: Bank transfer, Visa/MasterCard, Skrill, Neteller, Bitpay, Fasapay, UnionPay, and more
- Withdrawal fee: Not specified
- Payment for inaction: Not specified
- Islamic accounts: Available
- Segregated accounts: Provided
- PAMM accounts: Offered
- Partner account: Available
- Scalping: Permitted
- Automated trading: Supported
- Mobile trading: Available
- Web terminal: Accessible
- Social trading: Not available
- Signals: Provided
- VPS: Available
- Deposit bonuses: Offered
- Contests: Not available
- Support: 24/5
Verdict
FXPrimus suits traders who want high leverage across a broad instrument set on MT4/MT5, backed by regulation in Cyprus, South Africa, and Vanuatu. Leverage up to 1:1000 (outside the EU) raises risk alongside opportunity, so match position sizing to your risk tolerance.
Trading conditions
FXPRIMUS runs variable-spread and ECN accounts on MetaTrader 4 and 5, and has historically marketed itself on client fund protection — segregated accounts, third-party custody arrangements and published audits.
Those arrangements are worth verifying rather than accepting from marketing copy: ask which bank holds client money, whether an independent auditor confirms the reconciliation, and which entity the arrangement covers. A protection that applies to the Cyprus entity does not extend to the Vanuatu one.
Terms follow the entity: CySEC clients trade at 30:1 on major pairs with negative balance protection and Investor Compensation Fund cover up to €20,000; Vanuatu clients get higher leverage and neither.
Verification
Verification requires photo ID and a proof of address, with an appropriateness assessment on the CySEC entity. Documents are usually reviewed within one business day.
Establish which company your client agreement names before depositing. The trading interface is identical across entities; the protections behind your balance are not.
