FXPrimus is a Cypriot investment company licensed by the Cyprus Securities and Exchange Commission (CySEC). They offer cross-border services within the Markets in Financial Instruments Directive (MiFID).
They support a range of funding methods, including bank wire transfers, credit cards, BitPay for Bitcoin transfers, and leading e-wallets. Traders can deposit and withdraw funds via the FXPRIMUS website.
PAMM service
FXPRIMUS is an online forex broker that offers a variety of features and services to its customers. It also provides a PAMM service that allows traders to follow other traders.
This type of account can be an excellent option for experienced traders who want to make more money from their trading activity. However, it is essential to understand the risks involved in this type of trading.
You can start trading with a demo account if you are a beginner. This will allow you to test a strategy without risking any real money.
The demo account is funded with virtual currency and simulated trading conditions, giving you a sense of the broker’s trading features. Alternatively, you can open a live performance to trade with real money.
FXPRIMUS is a regulated broker, meaning it is under three regulatory bodies’ watch. This is essential when choosing a forex broker, as it can help ensure your funds are safe.
Trading platform
FXPrimus offers a trading platform that provides clients with various features to help them trade Forex and CFDs. This includes an MT4 IDE development environment, access to news feeds and funding options, and various other tools and services.
Traders can also enjoy a free demo account to test out strategies or get familiar with the trading platform. This paper trading account can be opened alongside a live one and is a great way to learn more about the broker before depositing real funds.
The trading platform offered by FXPrimus consists of a web-based MT4 variant and an app for Android and iOS devices. It is free to download and use and supports many popular trading instruments.
Minimum deposit
One of the critical factors that you should consider when choosing a forex broker is their minimum deposit requirement. FXPrimus offers various options, including Bank Wire, Local Transfers, Credit Cards, and e-wallet solutions.
FXPrimus is a reliable and safe forex broker that offers negative balance protection and other security measures, such as segregated accounts. This makes investors feel secure in their trading activities and ensures that their deposits are not mixed with company funds.
Traders can also benefit from several educational and analytical tools on the website. These include weekly outlooks, live webinars, and tutorial videos.
FXPrimus offers four main account types – Primus Cent, Primus Classic, Primus Pro, and Primus Zero. These all come with negative balance protection, 24/5 support, and free educational materials.
Customer support
FXPrimus offers a variety of customer support options, including live chat, email, and phone support. The broker also provides support in multiple languages, making it easier for investors to find answers in their native language.
The broker’s MT4 platform is a popular choice amongst traders, and it also supports various types of CFD trading. It also has a wealth of educational resources on its website, which is helpful for novice and expert traders.
Clients can access customer support through a South Africa-registered phone number, live chat, or email. The broker also operates a 24-hour customer support desk, though assistance is unavailable on weekends.