FxPrimus Review

Author By Jeffrey Cammack Author Information Updated: October 27, 2020
Overall Rating
3.79 3.79 / 5
Min. Deposit
USD 100
Max. Leverage
500:1
Min. Spread
0.1 pips
Regulators
Regulator Origin
Trading Desk Type
AlertMost retail CFD accounts lose money. Your capital is at risk.

Summary

FXPRIMUS is an ECN broker founded in 2009 and fully regulated in South Africa since 2018. Globally acclaimed for offering one of the fastest and most secure online trading environments, the company has a triple focus on education, safety and technological innovation. 

A true multi-asset broker, FXPRIMUS offers multiple tradeable instruments including Forex, Commodities, Energies, Indices with spreads from as low as 0 pips on the MT4 platform and across three account types. 

Reviews

Regulation
1110.503.5/ 5
Trading Conditions
111104/ 5
Trading Platforms
111104/ 5
Deposit & Withdrawal
11110.54.5/ 5
Education & Research
110.5002.5/ 5
Assets Available
11110.54.5/ 5
Customer Service
1110.503.5/ 5
Beginner Friendly
Standard
Bonuses
100% Deposit Bonus On All Amounts

Trading Conditions

Min. Deposit
USD 100
Base Currencies
ZAR, USD, EUR
Fx Pairs
43
Hedging Allowed
Yes
Scalping Allowed
Yes
Swap Free Accounts
Yes

Average Spreads

Euro/USD
0.3
GBP/USD
0.8
USD/JPY
0.3

Company Details

Company Name
FXPRIMUS Group
Founded
2009
Type
Regulators
Office Locations
South Africa

These are the account types offered by FxPrimus to residents of South Africa.  In addition to these accounts, there is a demo account which gives traders the chance to try the platform using live market data while not making a deposit.

Display Name
Min Deposit
Max Leverage
Min Spread
Commission
Brokers
ECN Premium Account
USD 100
500:1
0.1
$10.00
Account Details
Variable Account
USD 100
500:1
1.5
None
Account Details
AlertMost retail CFD accounts lose money. Your capital is at risk.
Overall Rating
Min. Deposit
Regulation
Trading Desk Type
Trading Instruments
Forex Pairs
Crypto Pairs
Pros
Cons
Regulation
Trading Conditions
Trading Platforms
Deposit & Withdrawal
Education & Research
Assets Available
Customer Service
% Lose with this broker
Leverage
Spread
Hedging
Scalping
Account Types
Islamic Account
Trading Platforms
Funding Methods
Trading Commission
1110.503.79/ 5
USD 100
Market Maker
Cryptocurrencies, Forex, Equities, Energies
43
7
  • Tight spreads
  • Wide range of assets
  • High commission
1110.503.5/ 5
111104/ 5
111104/ 5
11110.54.5/ 5
110.5002.5/ 5
11110.54.5/ 5
1110.503.5/ 5
64.54% of retail investor accounts lose money when trading CFDs with this provider
500:1
0.1 pips
Yes
Yes
ECN Premium Account, Variable Account
Yes
MT4
Bank Transfer, Mastercard, Skrill, Neteller
10 USD / lot - ECN Account
1110.503.33/ 5
USD 200
Market Maker
Commodities, Cryptocurrencies, Forex, Equities
47
16
  • Well regulated
  • Good for beginners
  • Innovative trading tools
  • Limited education
  • Wide spreads
11110.54.5/ 5
110.5002.5/ 5
111104/ 5
110002/ 5
10.50001.5/ 5
111104/ 5
111104/ 5
62% of retail investor accounts lose money when trading CFDs with this provider
400:1
1.0 pips
Yes
Yes
Professional, Standard
Yes
etoro
Mastercard, Neteller, Skrill, Paypal
Fees Included in Spread
1110.503.24/ 5
USD 500
Market Maker
Commodities, Forex, Equities, ETFs
48
0
  • Good range of accounts
  • Wide range of assets
  • Wide spreads
  • Limited education
  • Limited market analysis
  • High minimum deposit
1110.503.5/ 5
110002/ 5
111104/ 5
11110.54.5/ 5
10.50001.5/ 5
11110.54.5/ 5
111003/ 5
67.95% of retail investor accounts lose money when trading CFDs with this provider
400:1
1.8 pips
Yes
Yes
Gold, Islamic, Mini, Platinum
Yes
MT4, Sirix
Mastercard, Maestro, Skrill, Neteller
Fees Included in Spread
Visit Broker
AlertMost retail CFD accounts lose money. Your capital is at risk.

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