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FXPrimus-Overview of Minimum Deposit, Leverage, Spreads

FXPRIMUS | 2024-08-15 17:26

Abstract：FXPRIMUS is a broker, which was founded in Vanuatu in 2020, offering trading on forex, metals, equities, indices, cryptos and stocks with leverage up to 1:1000 and spread from 1.5 pips on MT4/MT5/WebTrader trading platform. The minimum deposit requirement is $15. Besides, residents of Australia, Belgium, Iran, North Korea and USA are not allowed.

FXPRIMUSReview Summary
Founded	2020
Registered Country/Region	Vanuatu
Regulation	CySEC (suspicious clone)
Market Instruments	Forex, metals, equities, indices, cryptos, stocks
Demo Account	✅
Leverage	Up to 1:1000
Spread	Floating around 1.5 pips
Trading Platform	MT4, MT5, WebTrader
Minimum Deposit	$15
Customer Support	Facebook, X, Instagram, Linkedin, Youtube
	Live chat, contact form, 24/5 customer support
	Email: support@fxprimus.com
	Address: number 14595 and registered address at Govant Building, BP 1276, Port Vila, Vanuatu
Regional Restrictions	Australia, Belgium, Iran, North Korea and USA

FXPRIMUS Information

FXPRIMUS is a broker, which was founded in Vanuatu in 2020, offering trading on forex, metals, equities, indices, cryptos and stocks with leverage up to 1:1000 and spread from 1.5 pips on MT4/MT5/WebTrader trading platform. The minimum deposit requirement is $15. Besides, residents of Australia, Belgium, Iran, North Korea and USA are not allowed.

Pros and Cons

Pros	Cons
With demo account	Suspicious clone license
Various contact channels	Regional restrictions
Various trading products
MT4/MT5 platform
Low minimum deposit of $15
Popular payment options

Is FXPRIMUS Legit?

FXPRIMUS is licensed by CySEC to offer services. Its license number is 261/14. It also holds certifications from VFSC. But its current status is suspicious clone.

Regulated Country	Regulator	Current Status	Regulated Entity	License Type	License No.
	Cyprus Securities and Exchange Commission (CySEC)	Suspicious Clone	Primus Global Ltd	Market Maker (MM)	261/14

What Can I Trade on FXPRIMUS?

FXPRIMUS provides a wide range of trading products such as forex, commodities (metals, equities) , indices, cryptos and stocks.

Tradable Instruments	Supported
Forex	✔
Metals	✔
Energies	✔
Equities	✔
Indices	✔
Cryptos	✔
Stocks	✔
CFDs	❌
ETFs	❌
Bonds	❌

Account Type

Account Type	Minimum Deposit
PrimusCLASSIC	$15
PrimusPRO	$500
PrimusZERO	$1000

Leverage

FXPRIMUS offers flexible leverage options, varying by account type and equity. Since leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.

Account Type	Account Equity	Account Leverage
Classic	0-5000	1000
Classic	5001-20000	500
Classic	20001-50000	300
Classic	50001-100000	200
Classic	100001-200000	100
Classic	200001+	50
Pro	0-5000	500
Pro	5001-20000	300
Pro	20001-50000	200
Pro	50001-100000	100
Pro	100001+	50
Zero	0-5000	500
Zero	5001-20000	300
Zero	20001-50000	200
Zero	50001-100000	100
Zero	100001+	50

FXPRIMUS Fees

Account Type	Spreads
PrimusCLASSIC	Starting from 1.5 pips
PrimusPRO	Starting from 0.3 pips
PrimusZERO	Starting from 0 pips

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	Desktop, mobile, tablet	Beginners
MT5	✔	Desktop, mobile, tablet	Experienced trader
WebTrader	✔	Online web trader	/

Deposit and Withdrawal

FXPRIMUS accepts payments via Visa, TrustPay, Neteller, FasaPay, UnionPay, MasterCard, Bitcoin, ecoPayz, Emerchant and SafeCharge.

Payment Options	Minimum Deposit	Fees	Processing Time
Bank Wire	$100	Covered by FXPRIMUS	2-5 Working Days
Local Transfer	$100	Covered by FXPRIMUS	1-5 Working Days
Credit Cards	$100	Covered by FXPRIMUS	Up to 5 minutes
E-Wallets	$100	Covered by FXPRIMUS	Up to 5 minutes

Leverage Broker Currency Pair Dealer Forex trading Forex Broker forex pips

Related broker

Suspicious Clone

FXPRIMUS

Company name：Primus Markets INTL Ltd

Score

1.48

Website：https://www.myprimusmarkets.com/

2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.48

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