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FXPRIMUS broker review 2025 ++ Scam or not? Real test

FXPRIMUS broker review 2025 ++ Scam or not? Real test

fxprimus review

Yes, the PrimusPRO account has a commission of $8 on the MT5 platform and $10 on the MT4 platform. Clients can trade popular precious metals, such as gold and silver, which are considered ‘safe-haven’ assets during market volatility. The main differences are that MT5 supports more timeframes, and cryptocurrencies, and uses MQL5, which is simpler but offers fewer EAs compared to MQL4 used in MT4.

I have been trading with this trade company for over a year, and I am extremely satisfied with their services. The platform is user-friendly and provides a wide range of trading options. The company’s customer support is outstanding, always responsive and helpful. Bonds, futures and options are also available on the broker’s trading platforms. We’ve evaluated over 60 forex brokers, using a testing methodology based on 100+ data-driven variables and thousands of data points. CMC Markets complements its platforms with exceptional research and education, including in-house content like CMC TV, the Opto podcast, and articles tailored to all experience levels.

Is FXPrimus regulated?

  • However, the main drawback is the broker’s reliance on an offshore entity for international trading.
  • FXPrimus places a strong emphasis on education, offering advanced resources tailored to traders of varying experience levels.
  • I will trade more seriously and regularly & I hope to get a positive outcome to generate reasonable income.
  • While no broker is perfect, FXPRIMUS strikes a good balance between safety and trading conditions.
  • On the market today, the most innovative and complex trading platforms are MetaTrader 4.
  • All websites and web-based platforms are tested using the latest version of the Google Chrome browser.
  • It offers a demo account worth $50,000 to give a real-time experience to users.

Charles Schwab offers a robust forex trading experience powered by the thinkorswim platform, a standout choice for multi-asset trading. The platform’s ability to handle complex order types, such as “Blast All” or “1st Trigger Sequence,” supports traders employing advanced strategies. The multi-regulations and high security of customer funds show us that this forex broker is not a scam.

fxprimus review

Keep your AML documentation up to date to ensure timely processing of your requests. Deposits are processed from major credit and debit cards within 24 hours. This review looks at the various features of the platform, showcasing where it performs well and where it needs improvement. Steven Hatzakis is the Global Director of Online Broker Research for BrokerNotes.co and ForexBrokers.com. However, you should check with your service provider, see if they apply any transaction charges.

Can I trust FXPrimus?

Nevertheless, this broker does not punish its clients for being inactive. Hence, their accounts will remain untouched if they do not execute trades during a specific period. This approach enhances traders’ overall trading experience they can manage their funds more efficiently without incurring extra charges whenever they transfer money into or out of their accounts. The account boasts similar exceptional trading conditions as other accounts including competitive leverage and fxprimus review spreads.

FXPrimus provides 24/5 customer support, ensuring traders have access when financial markets are open. Traders may e-mail, use a web form, or messenger apps Messenger, WhatsApp, WeChat, Zalo, Line, and Telegram. The commission-free pricing environment begins with an expensive 1.5 pips or $15.00 per round lot and is the only one that offers MT4 and cTrader. I rank trading costs among the most defining aspects when evaluating an exchange, as they directly impact profitability. FXPrimus offers traders commission-free Forex trading with either spreads or a highly competitive commission-based alternative.

What Base Currency Can I Open An FXPrimus Account With?

Each account type is tailored to offer specific features and benefits that suit various trading strategies and preferences. FXPrimus provides a wide range of financial instruments for traders to trade across various asset classes. The broker offers competitive spreads on a variety of products, allowing traders to diversify their portfolios. Trading is a very tricky sort of thing that needs experience and extensive knowledge.

Exceptional Client Support and Innovative Trading Solutions

Today, the MetaTrader 4 platform is the industry standard for creative and sophisticated trading platforms. It can handle a wide range of financial products, and regular investors use it to buy and sell currencies. They are also very well regulated and can cater to traders and investors across the globe including the USA. Bank wires are available in USD, EUR, SGD, GBP, PLN, HUF, ZAR, and BRL. Credit/debit cards and e-wallets support USD, EUR, SGD, GBP, PLN, and HUF. Only verified trading accounts may request withdrawals, and FXPrimus processes withdrawal requests Monday through Friday between 0700 and 2100 (GMT+2).

Education and research tools

  • The provision of SMS service for immediate market updates further enhances the broker’s research offerings, earning a rating of 4.6 out of 5.
  • Traders may e-mail, use a web form, or messenger apps Messenger, WhatsApp, WeChat, Zalo, Line, and Telegram.
  • All information on The Forex Geek website is for educational purposes only and is not intended to provide financial advice.
  • The broker offers a wide range of account types to choose from, however, trading fees are high compared to other brokers.
  • Overall, their commitment to client success and continuous improvement makes them a reliable and trustworthy broker.
  • This account type offers lower spreads, higher leverage, and priority customer support.
  • Their commitment to security and transparent trading practices makes them a top choice for traders seeking a dependable and efficient trading environment.

FXPrimus offers a variety of educational resources, including Forex courses, webinars, articles, tutorials, and videos to help traders enhance their knowledge. After over a year of trading with FXPRIMUS, I can confidently say that it’s a reliable and trustworthy broker. While there are some areas for improvement, particularly around inactivity fees, it delivers on its promises. If you’re looking for a broker with a good balance of safety, flexibility, and competitive pricing, FXPRIMUS is worth considering.

This could result in beginner traders engaging with customer support more than usual. I made a deposit to invest with FXPrimus a few years ago, but I did not yet do any trading till my current account manager, Premma encouraged me to start in March this year. She is very patient, trustworthy, hardworking, and has a positive attitude. She is a great employee and a gem to traders as an account manager.

Best Corn Commodity Forex Brokers

In addition, it provides access to 130 markets, including forex, commodities, cryptocurrencies, and stocks. FXPRIMUS is one of the best online brokerage platforms operating since 2009. Its headquarters is in Cyprus, but its offices are distributed across several countries.

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