FXPRIMUS Journal
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FXPRIMUS Profile
Website
Year
2009
Country
Cyprus
Branches
2
Regulation
CySEC Cyprus
Registration
CySEC Cyprus, FSCA South Africa, VFSC Vanuatu
Investor protection
Fund protection
Cyprus Investor Compensation Fund (ICF), Renaissance Insurance Brokers
Publicly traded
no
Restricted in
Not serving
х Australia, Belgium, Canada, France, Iran, Japan, North Korea, Singapore, US
Broker type
MM, ECN marketing
Dealing book
A+B hybrid book, A-book
Tier
3
Execution speed
400 ms
LPs total
3
LPs quality
Tier-1 Banks
LPs names
not disclosed
FXPRIMUS Accounts
MM
ECN
Minimum Deposit
500 $
2500 $
Leverage
30 : 1
30 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
0.1 pips
0.1 pips
Commission
0 $/lotRT
10 $/lotRT
Volume
50 lots
50 lots
Margin Call
30 %
30 %
Stop Out
30 %
30 %
Execution
Market
Market
Spread
floating
floating
Scalping
yes
yes
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Skrill, Neteller, FasaPay, EcoPayz, Local Transfer Malaysia, Local Transfer Indonesia, Local Transfer Vietnam, Local Transfer Thailand, Bitcoin, China UnionPay
Base currency
USD, EUR, GBP, SGD, PLN
Segregated accounts
yes
Interest on margin
no
Inactivity fee
after 3 months
| Update broker |
- Full listing profile: FXPRIMUS broker profile
Is FXPRIMUS safe?
- Investor protection: Cyprus Investor Compensation Fund (ICF), Renaissance Insurance Brokers
- Regulation: CySEC Cyprus
- Registration: CySEC Cyprus, FSCA South Africa, VFSC Vanuatu
- Publicly traded: no
- Segregated account: yes
- Guaranteed Stop Loss: no
- Negative Balance Protection: yes
Is FXPRIMUS trusted?
- Information transparency: limited
★★ - Customer service: prompt, helpful
★★★★★ - FXPRIMUS website: uninformative, updated
★★ - FXPRIMUS popularity (by visitor count): average
★★★
How FXPRIMUS works
Top-tier Liquidity FXPRIMUS clients benefit from deep liquidity, provided by international top-tier banking institutions.
As an added safety measure, FXPRIMUS has introduced a professional indemnity insurance of €2.5million.
https://www.fxprimus.com/int/company/safety-of-funds/
4.1 The Company is authorised by VFSC to provide investment services as a Principal Dealer in Securities. The Client confirms he understands and accepts that, when the Company is arranging to offer or perform any of its services to a Client, may critically depend in doing so on other third parties involved in the relevant operation/dealings.
7.2 When trading in CFDs, the Client is trading on the outcome of the price of an Underlying Asset and that trading does not occur on a regulated market but over-the-counter (OTC). The Client accepts that the Company is the only execution venue, which is a non-regulated market.
14.3...The Company receives fees/commission from the counterparties through which it executes Transactions. This fee/commission is related to the frequency/volume of Transactions executed through the counterparty and/or other parameters.
7.2 When trading in CFDs, the Client is trading on the outcome of the price of an Underlying Asset and that trading does not occur on a regulated market but over-the-counter (OTC). The Client accepts that the Company is the only execution venue, which is a non-regulated market.
14.3...The Company receives fees/commission from the counterparties through which it executes Transactions. This fee/commission is related to the frequency/volume of Transactions executed through the counterparty and/or other parameters.
https://dwj7fa0133ng0.cloudfront.net/nfiles/doc/Client_Agreements_VU/FXPRIMUS-Client-Agreement-VU.pdf
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