Key Takeaways

  • Accepts deposits in crypto with Bitpay.
  • Attractive 30% and 100% trading bonuses.
  • Up to 1000:1 leverage with the Vanuatu regulated entity.
  • Low minimum deposits.

FxPrimus Overall rating

4.0
Overall rating is an average of ratings from experts in 4 categories.
Pricing
3.5
Regulation
5.0
Popularity
3.0
User rating
Source: fxverify.com

We start our FxPrimus review with some of the key features of this Cyprus-based CFD broker. FxPrimus is a brand of the FXPRIMUS Group, established in 2009 and acclaimed for offering one of the safest online trading environments available in the retail FX industry.

FxPrimus is a well-regulated broker, supervised by one of the leading global financial regulators, the Cyprus CySEC, but also with a branch regulated by the nation island of Vanuatu (VFSC), catering for the international clientele.

FxPrimus offers leveraged CFDs trading in forex, indices, equities, energies, precious metals, futures and cryptocurrencies, with 4 different accounts, tailored to suit every type of trading strategy and also automated trading.

Each account is priced differently to accommodate investors’ needs, with the minimum deposit ranging from 10 USD to 25,000 USD and with a maximum leverage of 1000:1. And to top it up, FxPrimus offers attractive 30% and 100% trading bonuses and also accepts account funding with several cryptocurrencies, processed via Bitpay.

On the downside, FxPrimus pricing, with a special note for the trading commissions, is not the most competitive. The trading commissions for the most popular account, the ECN account, are $10 per round turn lot. If we convert that commission into pips, it will be 1.0 pip and adding that to an average spread of 0.4 pip for the EUR/USD cross, the total cost of trading this pair will be 1.4 pip – indeed not the most competitive for an ECN type account.

FxPrimus Regulation / Money Protection

5.0
Company Licenses & Regulations Segregated Client Money Deposit Compensation Scheme Negative Balance Protection Rebates Max. Leverage Retail Clients
Primus Global Ltd up to €20,000 30 : 1
Primus Markets Intl Limited 1000 : 1

Opening a trading account with FxPrimus is possible with both of its two entities, one with the highly regulated tier-1 financial authority, the Cyprus CySEC, and with an offshore entity – Primus Markets INTL Ltd in Vanuatu. The Vanuatu entity serves the international clientele, and also the traders looking for higher leverage ratios – up to 1000:1. Let’s check out both FxPrimus entities, individually.

Vanuatu regulation: Primus Markets INTL Ltd, trading as FxPrimus, and with address at Govant Building, 1st Floor, Kumul Highway, Port Vila, Vanuatu will be the counterparty for international customers (this entity does not provide services to residents of the US, Australia, Belgium, France, Iran, Japan, and North Korea). Primus Markets INTL Ltd is regulated by the Vanuatu Financial Services Commission (VFSC) with registration number 14595. The FxPrimus international website is www.fxprimus.com/int.

European regulation: Primus Global Ltd, with address at 25, Kolonakiou Street, Zavos Kolonakiou Center - Suite 102, CY-4103, Limassol, is a financial services company registered as a Cypriot Investment Firm (CIF) under number 337614. Primus Global Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC) with licence number 261/14. The CySEC licence allows FxPrimus EU Ltd to offer online financial services in Europe according to the guidelines set out on the MiFID rules. FxPrimus European website is www.fxprimus.com/eu.

Client Money Protection

FxPrimus complies with the highest safety standards for clients' funds. FxPrimus also complies with client money handling regulations and employs strict policies and procedures regarding the maintenance and operation of these accounts.

For these reasons, FxPrimus clients' funds are kept in top-tier international banks, such as the Hellenic Public Bank, fully segregated from the company’s funds.

Deposit Compensation

Primus Global Ltd is a member of the Cyprus CySEC Investor Compensation Fund (ICF). The ICF is an investor compensation fund for retail clients of CIF registered financial firms, and its functions are regulated by the directive DI87-07 of the CySEC. If Primus Global Ltd is unable to meet its obligations, retail clients might be entitled to compensation to the value of up €20,000 per claim, irrespective of the number of accounts held, currency and place of the offering of the investment service (within Europe).

Negative Balance Protection

Both FxPrimus entities, Primus Global Ltd (EU) and Primus Markets INTL Ltd (Vanuatu) offer a default Negative Balance Protection. With the NBP mechanism, customers of FxPrimus are protected from any losses bigger than their original investments, in cases of extreme market volatility.

Civil Liability Insurance

The Primus Markets INTL Ltd entity went a step further and introduced in 2019 a professional civil liability insurance for forex brokers of €5 million, maintained with the reputable Lloyds of London. The insurance policy aims to safeguard Primus Markets INTL Ltd liabilities against clients, by providing coverage against errors, omissions, negligence, fraud and various other risks that may lead to financial loss.

FxPrimus Cashback rebates

Cash back rebates are paid per round turn lot unless otherwise specified. 1 Lot = 100,000 base currency units traded.
  Variable Spreads (ECN) Premier Spreads VIP ECN
Forex$6.00 Per Lot30.00% Of Commissions Paid
Oil / Energies$6.00 Per Lot30.00% Of Commissions Paid
Metals$6.00 Per Lot30.00% Of Commissions Paid
Indices$6.00 Per Lot30.00% Of Commissions Paid
Payment Options
Monthly Cash Back
Payments are credited and sent automatically by the 12th of the month following the month cashback is earned in.
  Variable Spreads
Forex $6.00 Per Lot
Oil / Energies $6.00 Per Lot
Metals $6.00 Per Lot
Indices $6.00 Per Lot
Payment Options
Monthly Cash Back
Payments are credited and sent automatically by the 12th of the month following the month cashback is earned in.
  (ECN) Premier Spreads
Forex 30.00% Of Commissions Paid
Oil / Energies 30.00% Of Commissions Paid
Metals 30.00% Of Commissions Paid
Indices 30.00% Of Commissions Paid
Payment Options
Monthly Cash Back
Payments are credited and sent automatically by the 12th of the month following the month cashback is earned in.
  VIP ECN
Forex 30.00% Of Commissions Paid
Oil / Energies 30.00% Of Commissions Paid
Metals 30.00% Of Commissions Paid
Indices 30.00% Of Commissions Paid
Payment Options
Monthly Cash Back
Payments are credited and sent automatically by the 12th of the month following the month cashback is earned in.

Notes

Rebates are not paid for:
  • Accounts registered with: South Africa FSCA entity
  • Positions closed with profit or loss of 10 points or less.
PAMM Accounts: Manager and investor receive rebates proportionate to the amount invested.

Customer accounts not funded within 90 days are disconnected from our referral account and thus will not earn cash back.

What are FxPrimus rebates?

FxPrimus rebates are a portion of the transaction cost that is paid back to the client on each trade, resulting in a lower spread and improved win ratio. For example, if your rebate is 1 pip and the spread is 3 pips, then your net spread is only 2 pips.

Many traders initially believe there must be higher costs elsewhere to compensate, however they soon find there is no catch and Forex rebates truly reduce the costs of the transaction and improve their bottom line.

How do FxPrimus rebates work?

When you link a new or existing forex trading account to us the broker pays us part of their spread or commission profit for every trade you make as compensation for referring a customer to them. We then share the majority of our revenue with you, paying you a cash rebate for each trade you make as thank you for signing up with us.

Unlike some of our competitors your spreads will never increase as a result of using our service! The only difference is: as our client you earn extra cash per trade, making trading through us more profitable than opening direct with the broker. Founded in 2007, we are the original and leading provider of forex rebates. We pay rebates to over 100,000 accounts and traders love our helpful 24 hour live chat, telephone and email support.

How much FxPrimus rebates can I earn?

Use our forex rebate calculator to estimate your FxPrimus rebate earnings:

You must enter a valid number

Are FxPrimus rebates a scam; do my spreads increase?

FxPrimus rebates paid by legitimate rebate providers are not a scam, however scams do exist. The most common scam is a rebate provider that marks up the spread or commission in order to pay a higher rebate than competitors. Many brokers do allow a referring party, or rebate provider, to markup costs to traders they refer. Obviously this defeats the purpose of the service provided by the rebate provider and thus jeopardizes the viability of the rebate provider’s reputation and business, so a reliable provider wouldn’t consider this. Besides this, certain rebate providers may not pay on time, or not at all. This is why it’s important to choose a reliable provider.

When working with a trustworthy rebate provider, there is no ‘catch’. It is more beneficial to a trader’s financial position to work with a rebate provider than solely with the forex broker.

Are there any other benefits to signing up for FxPrimus rebates?

It depends on the rebate provider. Due to our unique relationship with many brokers, we have often mediated between brokers and clients in order to help successfully resolve client issues, including clients who are having withdrawal issues. Brokers are often very fast to respond to us, since we typically have many clients with them. Our knowledgeable support team is available 24 hours per day in 8 native languages & 23 total languages for any questions. We also offer trading tools, calculators, reviews and a robust forex education section.

How are forex rebates paid?

Because we deal with so many traders in so many different countries and serve 23 languages we have to cover a wide array of options. Here’s what we offer:

Forex rebate options vary per broker:

Monthly cash back Payments are credited and sent automatically by the 12 of the month following the month rebates are earned in.
Spread or commission reduction The trader actually receives reduced commissions and/or spreads. This is an exciting option offered by some of our top brokers.
Paid direct to brokerage account Cashback is credited directly to the trader’s brokerage account, typically between 1-7 days after the trade is closed. This is another exciting options offered by some of our top brokers.

In the case of the ‘Monthly cash back’ rebate option, monthly payments can be paid via bank wire, Paypal, Skrill, Sticpay, China Unionpay, and Neteller. Some payment methods such as bank wire carries fees and often traders set a custom minimum payment amount in order to accumulate rebates and withdraw their rebates less often than monthly.

FxPrimus Profile

Company Name Primus Global Ltd, Primus Markets INTL Ltd
Year Founded 2009
Headquarters Cyprus
Office Locations Cyprus
Account Currency EUR, GBP, PLN, SGD, USD, ZAR
Client funds bank Hellenic Bank
Support Languages Arabic, Chinese, English, Hungarian, Portuguese, Russian, Spanish, Vietnamese, Bahasa (Indonesian), Czech
Funding Methods Bank Wire, Bitcoin, China Union Pay, Credit/Debit Card, FasaPay, Giropay, Neteller, Skrill (Moneybookers), TrustPay, Local Bank Transfer, Ecopayz, Ezeebill
Financial Instruments Forex, Indices, Oil/Energies, Metals
24 hour support
Segregated Accounts
Islamic Accounts
Accepts Canadian clients
Accepts Japanese Clients
Non expiring demo
Cent accounts
Negative balance protection
Social trading
Regulatory deposit insurance
Trailing stops
Bonuses
Interest on margin
Fixed spread
Variable spread

Established in 2009, and with head offices in Limassol, Cyprus, FxPrimus offers various accounts types, from the Micro account, suitable for novice traders, to the VIP ECN account – tailored for professional investors, with more competitive pricing.

FxPrimus claims quick execution speeds, via state-of-the-art execution systems worldwide, combined to create a seamlessly efficient trading environment. FxPrimus client's funds are protected via an unshakable risk management model, built to withstand any unexpected market volatility. Through the broker’s advanced risk management systems, featuring strict regulations, negative balance protection and segregated client funds, the company offers a good level of safety regarding client assets.

Trading with FxPrimus can be done via the classic MetaTrader 4 and the next-gen MetaTrader 5, with both trading platforms available as a standalone web trader version, desktop terminals for Windows and Mac OS, and complemented with the mobile versions for Android and iOS.

FxPrimus Asset classes

FxPrimus trading platforms provide traders with direct liquidity from multiple venues and multi-asset trading – FX and CFDs on several financial instruments. As an online CFD broker, FxPrimus offers a limited selection of 175 tradable financial instruments, divided into 5 asset classes: forex, indices, stocks, cryptocurrencies and commodities.

FX market: 42 currency pairs, including all major pairs, and some minor and exotic crosses.

Indices: 15 global indices CFDs, including the UK100, AUS200, DAX and NIKKEI 225.

Stocks: 100 stocks CFDs available for trading, from NYSE and NASDAQ, from worldwide top companies and banks, such as Apple, Wells Fargo, Netflix, Microsoft and Tesla.

Commodities: 11 commodities CFD available for trading; 4 metals – including Gold, Silver and Copper and 7 energies spot contracts – including UK Oil, US Oil, and Nat Gas. Also, within the energies class, 3 future contracts on UK Oil, US Oil and DXA.

Cryptocurrencies: 4 cryptocurrencies CFDs crosses available for trading; BCH, BTC, ETH and LTC versus the USD*.

*Please note, cryptocurrencies CFDs are only available to traders registering a live account with Primus Global Ltd (CySEC regulated entity).

FxPrimus Account types

  Variable Spreads (ECN) Premier Spreads VIP ECN
CommissionNone$10.00 Per Lot$5.00 Per Lot
Maximum leverage1000:1
Mobile PlatformMT4 Mobile, MT5 Mobile
Trading PlatformMT4, MT5, WebTrader
Spread TypeVariable Spread
Minimum Deposit10025000
Minimum Trade Size0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts
  Variable Spreads
Maximum leverage 1000:1
Typical Spread 1.0-2.0
Trading platform MT4MT5WebTrader
Mobile platform MT4 MobileMT5 Mobile
Spread type Variable Spread
Minimum deposit 100
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts
  (ECN) Premier Spreads
Commission $10.00 Per Lot
Maximum leverage 1000:1
Typical Spread 0.4-0.6
Trading platform MT4MT5WebTrader
Mobile platform MT4 MobileMT5 Mobile
Spread type Variable Spread
Minimum deposit 100
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts
  VIP ECN
Commission $5.00 Per Lot
Maximum leverage 1000:1
Trading platform MT4MT5WebTrader
Mobile platform MT4 MobileMT5 Mobile
Spread type Variable Spread
Minimum deposit 25000
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts

FxPrimus offers several accounts tailored to suit every trading strategy and every investor’s needs. In total, the broker offers 4 different retail accounts, with different leverage limits, pricing and minimum deposit requirements. Let’s check out each account and its features, firstly with the accounts offered by the Primus Markets INTL Ltd entity regulated by the VFSC:

FxPrimus Micro account* is designed for novice traders, new to CFDs trading, for investors looking to trade with smaller trading volumes, or for strategy testers looking for a live account to test an EA, for example. Spreads are floating, starting at 1.4 pip for major pairs, with no trading commissions and Micro accounts can be opened with a maximum leverage ratio of 1000:1 and with a very low initial deposit – 10 USD.

*Please note, Micro accounts are not available to traders registering a live account with Primus Global Ltd (CySEC regulated entity).

FxPrimus Variable account is best suited for experienced retail traders looking to trade only with the bid and ask prices, without any added commissions. The FxPrimus Variable account spreads are also floating, starting at 1.4 pip for major pairs, with no trading commissions and the Variable accounts can be opened with a maximum leverage ratio of 1000:1 and with a low initial deposit of just 15 USD.

FxPrimus ECN account is the broker’s ECN model account, suitable for all traders, and with lower spreads, in return for a trading commission. Spreads are also floating, starting at 0.1 pip on major FX pairs, but with a hefty trading commission of $10 per round turn lot. The minimum deposit starts at 500 USD and the maximum leverage ratio available is also 1000:1.

FxPrimus VIP ECN account is the broker’s flagship account, suitable for professional traders, and with very attractive trading conditions. The VIP ECN account boasts a very competitive trading commission of just $5 per round turn lot and floating spreads starting at 0.1 pip for some major FX pairs. The maximum leverage ratio is capped at 500:1, and the only less positive feature of this competitively priced account is the minimum deposit – 25,000 USD to benefit from the VIP ECN trading conditions.

The CySEC regulated entity, Primus Global Ltd, offers only 2 trading accounts – Variable and VIP ECN. Both accounts have similar specs to the VSFC regulated entity, but with a 30:1 maximum leverage for retail traders.

Then, there are some extras that FxPrimus labelled packages; Standard, Premium and VIP, offering some nice perks depending on the account deposit: the Standard is offered to investors depositing at least $500, the Premium package is offered with deposits of $2500 and more, and the FxPrimus VIP package, that includes even personal access to a market specialist and VIP trading signals is offered with deposits of $10,000 and above.

FxPrimus also offers swap-free accounts for traders of Islamic belief and viable options for money managers via its FxPrimus PAMM accounts* range, available for Masters and Followers.

*Please note, PAMM accounts are not available to traders registering a live account with Primus Global Ltd (CySEC regulated entity).

Regarding leveraged forex trading, FxPrimus maximum leverage ratio is 1000:1 for clients opening a live account with the entity in Vanuatu, and is limited to 30:1 for retail traders opening a trading account with the Cyprus CySEC regulated entity.

Currently, FxPrimus trading accounts are available in USD, EUR, GBP, SGD, HUF and PLN – subject to the contracting entity and the traders' geographical location.

FxPrimus Demo account

With an FxPrimus demo account traders can compare this CFDs broker with its peers, regarding the product offering and the trading conditions. A FxPrimus demo account is also useful for novice traders to practise their trading skills in a safe environment, without risking real money.

Opening an FxPrimus demo account takes less than 5 minutes, and new users will need to register with the broker, fill in a simple form, with some basic information, including name and surname, a valid email address, a phone number and an account password. Please note that to open a demo account, traders do not need to upload any verification document(s) to FxPrimus, unless they are ready to open a live account.

After ticking the client agreement and newsletters boxes, the only thing left is to click the “Register” blue button, FxPrimus will send an email with a PIN code to confirm the email. New users can also skip this step and go to the next window. On the left menu, there’s the tab “Trading Accounts”. Click that and the “Demo Accounts” will show up.

Click the “Demo Accounts” tab and then click the “CREATE DEMO ACCOUNT” button to activate a new demo account. The demo logins will show almost immediately. Next step, users will have to download the trading platform and log in.

FxPrimus demo account gives users the chance to test the broker's services and pricing on several financial instruments, without risking any real money, for an unlimited time, as the demo account is non-expiring.

A FxPrimus demo account is 100% risk-free and the funds ($50,000 by default) are virtual – including both winnings and losses, of course.

Register for free and test your trading strategies, open an FxPrimus demo trading account with no risk and no obligation now.

FxPrimus Pricing

Account/Pricing Micro Variable ECN VIP ECN
EUR/USD Spread from 1.4 pip from 1.4 pip from 0.1 pip from 0.1 pip
EUR/USD Commission (1 lot) $0 $0 from $10 from $5
EUR/USD Swap rate
(22-10-2021)
  • Long: -0.049
  • Short: -0.005

Spreads and trading commissions

FxPrimus’s rewards investors with a higher trading equity and the pricing of its VIP ECN account is slightly better than the pricing offered by other players in this industry. The starting spread for the most popular cross, the EUR/USD pair, on the Micro and Variable accounts is 1.4 pip, commission-free.

The highlight goes to FxPrimus’s ECN VIP account, with more competitive pricing and trading conditions. Taking the EUR/USD cross again as our example, FxPrimus proposes a starting low spread of 0.1 pip and also one of the lowest trading commissions in this industry. For 1 standard lot (100,000 currency units) of EUR/USD, with the VIP ECN account, the trading commission is $5 ($2.5 per side/per lot). The catch? A minimum deposit of $25,000 is required to open a VIP ECN account.

Expecting that most traders cannot afford such a higher deposit, the option will be the FxPrimus ECN account, with a minimum deposit of $500. But the pricing of this account is above the industry benchmark. With a trading commission of $10 per round lot, the FxPrimus ECN account is priced much higher when compared with several other top brokers who charge on average between $6 to $7 per 100,000 currency units traded, regardless of the account balance.

Rollover rates

FxPrimus swap rates, as of 22-10-2021, and for the EUR/USD, stand at -0.49 for holding overnight a long position of 1 lot and at -0.05 for holding overnight a short position of 1 lot. We consider FxPrimus’s rollover rates to be much lower when compared with the rollover rates offered by other top brokers.

FxPrimus Deposits / Withdrawals

Deposit fees: Trading accounts can be opened in 6 different fiat currencies and maintained via several funding methods, including the traditional methods (debit/credit cards and bank wires), and also with the most popular e-wallets such as Neteller, Skrill, and FasaPay (all funding methods are subject to jurisdiction). Traders can also fund the FxPrimus accounts with cryptocurrencies, via Bitpay.

FxPrimus does not charge any deposit fees and funds deposited with cards and e-wallets are available within minutes on the trading account.

Minimum deposit: Opening a trading account with FxPrimus can be done online, taking around 10 minutes to complete the required forms and preliminary confirm the details. FxPrimus minimum deposit requirement to open a live account is $10 for the Micro* account, $15 for the Variable account, $500 for the ECN account and the VIP ECN account is $25,000.

*Please note, Micro accounts are not available to traders registering a live account with Primus Global Ltd (CySEC regulated entity).

Withdrawal fees: FxPrimus also waives the withdrawal fees (processing times vary depending on the deposit/withdrawal method chosen, normally within 1-5 business days). FxPrimus does not charge any fees for bank wire withdrawals, however, deposits/withdrawals may incur fees on payments to and from some international banking institutions. For more information, please visit the FxPrimus deposit and withdrawals dedicated page.

Inactivity fee: Currently, FxPrimus does not charge an inactivity fee or any account maintenance fees.

FxPrimus Popularity

FxPrimus is not a very popular CFDs broker with the trading community, perhaps due to its higher trading costs and limited range of available financial instruments. With FxPrimus investors can trade with different trading platforms, the reliable MT4 and the evolute MetaTrader 5, allowing all types of strategies and automated trading.

On the other hand, FxPrimus has some key features that could be very popular with traders: FxPrimus accepts deposits in crypto, processed via Bitpay and investors can set a foothold on the financial markets with the FxPrimus Micro account, requiring a very low initial deposit of just $10, and offering micro lots for trading.

The FxPrimus Micro account is the ideal playground for novice traders, as it represents a safe trading environment with real market conditions, where newbies can practice their trading strategies and learn while trading, without risking a big amount of capital.

And on top of that, FxPrimus offers attractive 30% and 100% trading bonuses, to new and existing clients of Primus Markets INTL Limited. With a minimum deposit of 500 USD, eligible traders will receive a 150 USD trading bonus on their accounts up to a maximum of 1,500 USD.

Also, with a minimum deposit of 500 USD, eligible traders can claim a 100% bonus, up to a maximum of $10,000, plus up to $4 cash back for every lot traded. The bonus can be used to trade forex, commodities, energies, indices and cryptocurrencies.

Popular trading account: The FxPrimus Variable account is the popular choice with traders for its low initial deposit and for the traders looking to trade just with the bid and ask prices, without any added trading commissions.

Trading education

FxPrimus loses a couple of popularity points for its limited range of trading and educational materials, available through the "Tools” and “Education” tabs on its website. FxPrimus clients can find the broker’s blog with some market articles, market news and limited market analysis, enrol on a few webinars, check out an economic calendar and use 3 trading calculators.

Research & education materials available on FxPrimus website
FX Courses - money management, how to trade the markets, etc.
Market Analysis - daily or weekly market reports
Webinars - live, online trading education with experts
WebTV - live video stream of financial news
Trading Videos - trading education videos
Trading eBooks - trading education literature
Trading Strategies - technical analysis strategies
Trading Tools - calculators, economic calendar, etc.
Market Signals - suggested buy/sell entries with TP and SL levels

FxPrimus Promotions


FxPrimus FAQs

Does FxPrimus accept residents of Indonesia?

Yes, FxPrimus accepts residents of Indonesia. The broker has a dedicated web page for residents of Indonesia with all the info about FxPrimus and its trading conditions. The counterparty for Indonesian residents will be Primus Markets INTL Ltd, regulated by the Vanuatu Financial Services Commission (VFSC). Indonesian residents will not able to open a trading account with Primus Global Ltd, regulated by the CySEC.

Residents of Indonesia will be able to open any of the accounts offered by this entity, from Micro to VIP ECN and trade on all asset classes, including cryptocurrencies, and apply for a swap-free account (only available for traders of Islamic belief).

But that’s not all. When registering a live account with this entity, Indonesian residents will also be able to claim the attractive bonuses offered by the broker, but with a slight difference.

Instead of the standard 30% bonus offered by Primus Markets INTL Ltd and available to other jurisdictions, Indonesian residents will be able to claim a 15% bonus only. This 15% bonus is open to new and existing customers who deposit or redeposit funds in a Primus Markets INTL Ltd live account – personal, joint or corporate ECN or variable trading accounts.

The 15% bonus is available only for customers living in China, Hong Kong, Indonesia and Taiwan. For the 15% bonus, Primus Markets INTL Ltd will deposit a 15% credit to the customer’s trading account, subject to the terms and conditions. The 100% bonus remains invariable and is also available to residents of Indonesia, meeting similar conditions, but hurry, the 100% bonus is valid only until 31-12-2021.

If you are a resident of Indonesia and would like to trade with FxPrimus, click the button below to open a live account.



Can I trade with FxPrimus if I live in Malaysia?

Yes, traders living in Malaysia can open a live account and trade with FxPrimus. The broker has a dedicated web page where residents of Malaysia can check out the FxPrimus range of tradable assets and pricing. The counterparty for Malaysian residents will be Primus Markets INTL Ltd, regulated by the Vanuatu Financial Services Commission (VFSC). Residents in Malaysia will not able to open a trading account with Primus Global Ltd, regulated by the CySEC.

Residents of Malaysia will be able to open any of the accounts offered by this entity, from Micro to VIP ECN and trade on all asset classes, including FX and cryptocurrencies, and apply for a swap-free account (only available for traders of Islamic belief).

Also, when registering a live account with this entity, Malaysian residents will be able to claim the attractive 30% and 100% bonuses offered by the broker. Both the 30% bonus and 100% bonus are open to new and existing customers who deposit or redeposit funds in a Primus Markets INTL Ltd live account – personal, joint or corporate ECN or variable trading accounts.

Primus Markets INTL Ltd will deposit a 30% or 100% credit to the customer’s trading account, subject to the bonus’s terms and conditions. Both the 30% and 100% are available to eligible residents of Malaysia and are valid only until 31-12-2021.

If you live in Malaysia and would like to trade with FxPrimus, click the button below to open a live account.



Does FxPrimus offer an MT4 download?

Yes, FxPrimus offer an MT4 download for several devices, from desktops to mobile phones. The FxPrimus MT4 can be downloaded by traders who opened a live account, but also by new customers looking to test the broker’s trading conditions*.

*Requires registering with the broker and creating a demo account directly on the user dashboard, taking around 2 minutes.

The FxPrimus MT4, in addition to allowing users to trade forex, also supports trading of futures, indices, equities and other CFD transactions. The FxPrimus MT4 is the perfect solution for all traders (seasoned and novice) because of its user-friendly interface, advanced charting features, technical analysis tools and automated trading capabilities.

FxPrimus MT 4 platform download also supports multiple account base currencies including USD, EUR, GBP, SGD and PLN and is available in over 30 different languages. Find the version suitable for your trading needs and download the FxPrimus MT4 directly:

FxPrimus MT4 WebTrader

FxPrimus MT4 download for Windows – compatible with Windows 7, 8 and 10

FxPrimus MT4 download MultiTerminal for Windows

FxPrimus MT4 download for Apple

FxPrimus MT4 download for Android

Can I trade cryptocurrencies with FxPrimus?

Yes, investors can trade cryptocurrencies CFDs with FxPrimus, provided they register a live account with Primus Markets INTL Ltd, a group entity regulated by the Vanuatu Financial Services Commission (VFSC).

At the time of writing, the Primus Global Ltd entity, regulated by the Cyprus CySEC, does not offer cryptocurrencies CFDs for trading.

Investors can trade 4 cryptocurrency crosses with FxPrimus; BTC/USD, ETH/USD, BCH/USD and LTC/USD, from Monday 00:00 to Friday 23.59. Weekend trading is not available.

The cryptocurrencies CFD specification are: lot size 10, minimum trade size 0.01, maximum trade size 1 and the margin requirements are 20%. The FxPrimus trading platform for cryptocurrencies CFDs is the MetaTrader 4 only.

Is FxPrimus a fixed spread broker?

No, FxPrimus is not a fixed spread broker, rather a variable spread broker, offering floating spreads on all of its trading accounts. The Micro and Variable accounts have floating spreads, for the major currency pairs, starting at 1.4 pip, with an average of 1.6 pip, without trading commissions. The ECN and VIP ECN accounts have also floating spreads, for the major currency pairs, starting at 0.1 pip, with an average of 0.4 pip, plus a trading commission.

To check out FxPrimus ECN Premier spreads and FxPrimus Variable spreads, please refer to the FxPrimus Live Spreads web page.

Is FxPrimus an ECN broker?

No, FxPrimus is not an ECN broker, but a Market Maker broker. As clearly stated on the broker’s international website: “The website is operated by Primus Markets INTL Ltd, a member Company of the FXPRIMUS Group…” and confirming that FxPrimus is a Market Maker broker “The operator of the website is also the Company acting as the counterparty in any dealings with Clients”.

And on the FxPrimus European website, we find this notice: “The website is operated by Primus Global Ltd, a member Company of the FXPRIMUS Group, with registration number HE 337614 and registered address at Kolonakiou 57, Linopetra, 4103, Limassol Cyprus. The operator of the website is also the Company acting as the counterparty in any dealings with Clients.”

On both FxPrimus websites (international and European), on the legal documents page we can find the Client Agreement with the Primus Markets INTL Ltd entity, regulated by the VFSC and the Client Agreement with the Primus Global Ltd entity, regulated by the CySEC, and going straight to the Risk Warning section, point 7.2 we can read:

“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 FXPRIMUS is the only execution venue, which is a non-regulated market.”

So, FxPrimus is not an ECN broker. FxPrimus is a Market Maker broker offering investors a safe trading environment with increased liquidity, competitive pricing (VIP ECN account), a Micro account for novice traders, and for those who need to test a trading strategy, very low account deposits (Micro and Variable accounts) and a high leverage rate of 1000:1 (VFSC regulated entity only).

All the features mentioned above are only possible because FxPrimus is a Market Maker broker. A Market Maker broker posts bids and offers to ensure market liquidity is available, and they are always ready to trade with you. In simple terms, if an investor wants to buy a security, they will sell it, and if an investor wants to sell a security, they will buy it.

Before ruling out the possibility of trading with a Market Maker broker, consider what your trading requirements are, and rest assured, FxPrimus is one of the safest places to trade.

FxPrimus review - final considerations.

We conclude our FxPrimus review with the final considerations regarding this CFDs broker. FxPrimus stands out for its ongoing promotions and attractive bonuses, available to clients registering an account with the Primus Markets INTL Ltd entity regulated by the Vanuatu VFSC.

Also positively, the minimum deposits required to open a live account are some of the lowest in the industry, earning some popularity with the trading community, merged with the acceptance of cryptocurrencies as an account funding method.

The ECN trading environment offered by FxPrimus, in lockstep with fast execution speeds provided to traders, allows for reliable transactions and order filling. FxPrimus clients are also allowed to hedge, scalp, use EAs and other automated trading systems, swing or position trade, with no restrictions.

Oppositely, the FxPrimus ECN account lacks the competitiveness to be considered a good alternative for savvy traders – mainly because of its disproportionate trading commission of $10 per traded lot. If we convert the commission value into pips, we are trading with a disadvantage of 1.0 pip, when most top brokers charge a commission of 0.6 and 0.7 pip.

Overall, the safety of funds offered by FxPrimus for retail clients, together with the excellent range of attractive promotions and bonuses offered, merged with a low initial deposit of $10 (for the Micro account), position this CFDs broker on the top 25 brokers for popularity with traders opening a trading account in 2021.

FxPrimus User rating

4.3

{BrokerName} reviews by verified customers, cashback rebates, expert ratings, spreads & fees, leverage, demo accounts, downloads, trading platforms and more.

Please make sure your comments are relevant and that they do not promote anything. Irrelevant comments, including inappropriate or promotional links, and comments containing abusive, vulgar, offensive, threatening or harassing language, or personal attacks of any kind, will be deleted.



FxPrimus verified customers - with a live trading account - recommend the broker mainly for its supportive and efficient customer service, able to supply adequate answers and resolve most questions quickly. Traders were also pleased with FxPrimus’s processing deposits and withdrawals, classifying the whole experience as smooth and quick, and very pleased with the no fees policy for withdrawals.

Negatively, some FxPrimus users complained about the broker's spreads for the ECN account, pointing out a spread slightly above industry average, when compared to other brokers.

Review sources

For more than 10 years we have been one of the leading IB brokers of forex and CFD trading accounts to virtually all of the world's top forex brokers. One of our primary goals is to help traders make informed decisions by publishing accurate and unbiased content, supported by primary sources.

These may include information supplied by the broker, government data, data available on the broker's corporate website(s), the analysis from our industry experts, and the opinions from verified traders with a live account. The information on the FxPrimus review page was also sourced from:

Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Check the FxPrimus website at www.fxprimus.com for the percentage (%) of retail investor accounts losing money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.