User Reviews
More
User comment
51
CommentsWrite a review
Score
Cyprus
Regulated in Cyprus
Market Maker (MM)
White label MT4
South Africa Financial Service Corporate Expired
Suspicious Overrun
High potential risk
Offshore Regulated
Influence
Add brokers
Comparison
Quantity 50
Exposure
Score
Regulatory Index6.83
Business Index8.02
Risk Management Index0.00
Software Index9.44
License Index0.00
Single Core
1G
40G
Danger
More
Company Name
Primus Global Ltd
Company Abbreviation
FXPRIMUS
Platform registered country and region
Cyprus
Company website
X
YouTube
Company summary
Pyramid scheme complaint
Expose
Capital
$(USD)
FXPRIMUS Review Summary | |
Founded | 2009 |
Registered Country/Region | Cyprus |
Regulation | CYSEC |
Market Instruments | Forex, Equities, Energies, Precious Metals, Indices, Cryptocurrencies, Stocks |
Demo Account | ✅ |
Leverage | Up to 1:1000 |
Spread | From 1.5 pips (PrimusCLASSIC account) |
Trading Platforms | MT4, MT5, WebTrader |
Minimum Deposit | $15 |
Customer Support | Contact form, live chat 24/5 |
Email: support@fxprimus.com | |
Facebook, Twitter, Instagram, LinkedIn, YouTube | |
Address: Govant Building, BP 1276, Port Vila, Vanuatu | |
Kolonakiou 57, Linopetra, 4103, Limassol Cyprus |
FXPRIMUS is a CySEC-regulated retail forex and CFD broker, founded in 2009 and headquartered in Cyprus. FXPRIMUS offers trading on diverse financial instruments including Forex, Equities, Energies, Precious Metals, Indices, Cryptocurrencies, and Stocks. It provides different account types with $15 minimum deposits and flexible leverages. As to trading platforms, MT4, MT5, and WebTrader are supported.
Pros | Cons |
Regulated by CYSEC | Expired license with the FSCA |
Diverse customer support channels | Offshore license with the VFSC |
Demo accounts available | High leverage risks |
A wide range of products | |
Diverse account types | |
Low minimum deposit | |
Flexible leverage ratios | |
Multiple trading platforms |
Yes, FXPRIMUS is regulated by CySEC. However, please note that it has an expired license with the FSCA and an offshore license with the VFSC.
Regulated Country | Regulated Authority | Current Status | Regulated Entity | License Type | License Number |
![]() | The Cyprus Securities and Exchange Commission (CySEC) | Regulated | Primus Global Ltd | Market Maker (MM) | 261/14 |
![]() | The Financial Sector Conduct Authority (FSCA) | Expired | PRIMUS AFRICA (PTY) LTD | Financial Service Corporate | 46675 |
![]() | The Vanuatu Financial Services Commission (VFSC) | Offshore Regulated | Primus Markets INTL Limited | Retail Forex License | 14595 |
On FXPRIMUS, you can trade with Forex, Equities, Energies, Precious Metals, Indices, Cryptocurrencies, and Stocks.
Tradable Instruments | Supported |
Forex | ✔ |
Energies | ✔ |
Metals | ✔ |
Indices | ✔ |
Cryptocurrencies | ✔ |
Stocks | ✔ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
Mutual Funds | ❌ |
Account Type | Minimum Deposit |
PrimusCLASSIC | $15 USD |
PrimusPRO | $500 USD |
PrimusZERO | $1,000 USD |
The maximum leverage is up to 1:1000 for PrimusCLASSIC account. Note that high leverage can amplify both profits and losses.
Account Type | Maximum Leverage |
PrimusCLASSIC | 1:1000 |
PrimusPRO | 1:500 |
PrimusZERO | 1:500 |
Spreads and commissions vary on the account type, detailed info are as follows:
The PrimusCLASSICaccounthas no commission fees, both starting from 1.5 pips for the average spread.
ThePrimusPRO account offers a lower spread starting from 0.3 pips, but with a commission of $8 (on MT5).
ThePrimusZERO account has the lowest spread, starting from 0 pips, and charges a commission of $5.
Account Type | Spread | Commission |
PrimusCLASSIC | From 1.5 pips | ❌ |
PrimusPRO | From 0.3 pips | $8 (MT5) |
PrimusZERO | From 0 pips | $5 |
Trading Platform | Supported | Available Devices | Suitable for |
MT4 | ✔ | Windows, iOS, Android | Beginners |
MT5 | ✔ | Windows, iOS, MAC, Android | Experienced traders |
WebTrader | ✔ | / | / |
Amidst the labyrinth of online trading, a troubling tale unfolds, echoing the struggles of an investor entangled in a tumultuous relationship with FXPRIMUS, drawn in by the promise of financial growth via Telegram ads.
Alert: Rising FXPrimus withdrawal issues reported by traders. Learn about the risks and trader experiences with this online trading platform.
A user filed complaint against FXPrimus and wrote in his complaint that “I wanted to buy gold due to the war because many brokers I followed were saying that gold would rise, then I closed my transactions by taking profit and continued trading”.
A user of FxPrimus wrote in his complaint, "I funded 3k USDT to the FxPrimus company 3 weeks ago. I received the transactions given via telegram”. Further, the complainant added, "I won; my account became 10.5k. I wanted to withdraw money, but it was not allowed”.
An anonymous trader encounters withdrawal issues with FXPrimus after profitable trades, spotlighting the need for broker transparency and efficient support in online trading. Learn the vital steps to resolve such disputes.
“Neither responding nor approving withdrawal requests” This is the current scenario for Fxprimus. Clients are in great confusion. Wikifx has received many complaints against this broker and users are complaining about the same issue.
FXPRIMUS has been found guilty of closing out clients' trades without consent, denying withdrawals, and maintaining unresponsive customer support.
A recent experience by one trader has unveiled a troubling side of the industry, exposing the issues at FXPRIMUS and the vital role that WikiFX plays in resolving disputes.
More
User comment
51
CommentsWrite a review