MetaTrader 4, commonly known as MT4, has been a well-known and widely used trading platform in the financial markets since its inception in 2005. MT4 on FXPrimus offers traders comprehensive features and tools to enhance their trading performance. The FXPrimus MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the FXPrimus platform to their needs. One of the standout features of MT4 is its charting functionality, which allows FXPrimus traders to analyze price movements and make informed trading decisions. Additionally, advanced order management tools give FXPrimus traders greater control over their trades, allowing them to manage risk better and optimize their trading strategies on the MT4 FXPrimus trading platform. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits.
Can you make money with FXPrimus?
✅For advanced traders, the Academy offers in-depth training on technical and fundamental analysis, algorithmic trading, advanced risk mitigation strategies, and webinars presented by industry professionals. ✅Begin the deposit from your bank, ensuring all data match the broker’s information. Allow two to five business days for the funds to appear in your trading account. Moreover, the PrimusPRO account grants access to advanced trading techniques and provides a comprehensive and feature-rich trading environment that facilitates seamless trade executions.
TRADING TOOLS
In an unfavourable market move, leverage can result in a loss that exceeds the trader's account balance, leaving them with a negative account balance. If a FXPrimus trading position does not go in your favour, this is where negative balance protection comes in handy. The FXPrimus MetaTrader 4 trading platform has advanced tools that enhance the overall trading experience and give FXPrimus traders detailed market tools. With feature-rich trade execution and management programs, sophisticated notification alarms, messaging facilities, innovative market data, and more, FXPrimus provides traders with everything they need to succeed. When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by FXPrimus terms and conditions.
Promotions and offers
Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions. We have spent over 5 years examining FXPrimus in depth.Although we found some very useful aspects of the FXPrimus platform that would be useful to some traders. When we called, the team answered our call promptly, in less than a minute.
FXPrimus Review Conclusion
MT4 provides advanced charting tools and customizable indicators and supports the use of Expert Advisors (EAs) for automated trading systems. It is available on desktop, mobile, and as a web-based application, allowing traders to access the markets from virtually anywhere. In a nutshell, FX Primus is a highly regulated ECN broker those supports multiple trading instruments and uses MT4 based trading platforms for its clients. However, as it is an ECN broker, performance for all trading will not be the same.
FXPrimus has also invested in their tech infrastructure for trade processing, providing users with reliably, satisfyingly fast execution speeds. All prices are executable thanks to the broker’s use of liquidity providers and STP. The firm has also established more than a dozen other payment solution providers such as Safecharge, eMerchantPay, Skrill and more. 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. The platform, which is available for Windows, Apple or Android, in desktop and mobile versions, with multi-language support and a user friendly interface, makes trading effortless.
Our Review Method
And that’s why before saying FXPrimus a Scam, try to discuss with successful and experiences traders. And in that case FX Primus has their own education section where study materials for all levels of retailers are available. The broker takes up to 5 days to process a fund deposit via bank transfer. Other options like credit cards and e-wallets take up to 5 minutes to process a transaction. This platform is ideal for traders who love to switch between manual and automated trading.
Regulation across multiple jurisdictions helps to give traders confidence that they are trading with a reputable and trustworthy broker that must uphold the highest of standards. I don’t have any problem with the regulations in place and trust them with my funds. I always prefer to use a regulated broker as I want to focus on my trading without worrying. There is a big chart view in the middle of the screen; there are multiple options on the screen that users can change as per their choice.
FXPrimus, as a multi-asset trading platform, offers its clientele over 130 tradable assets. FXPRIMUS is a safe and simple platform licensed by CySEC, FSCA, and Vanuatu Financial Services Commission. This extensive FXPRIMUS broker review took weeks https://forexbroker-listing.com/ to document and we infer from our research that the FXPRIMUS broker, despite subtle flaws, offers exceptional trading services. FXPrimus is a broker with a solid reputation for delivering Forex and Social Trading services for a long time.
On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease. Therefore, FXPrimus leverage magnifies both profits and losses in trading. Brokers like FXPrimus must disclose any inactivity fees as part of their regulations.
From the design of the trading platform to the various security measures built into the platform from the ground up, FXPrimus certainly takes customer protection seriously. We have scanned fees (typical spreads) that FxPrimus charges when trading popular currency pairs, here is their breakdown in pips. Upon reviewing FXPrimus’ website, it appears they do not offer any special promotions or incentives for their clients. However, incentivizing potential and existing clients through various promotions can be an essential aspect of a broker’s marketing strategy, as it can help attract new clients and encourage loyalty among existing ones. However, Mac users can enjoy the benefit of MT4 platform on their iPad & iPhone. Besides, its mobile version contains Pip value calculators, economic news calendars, real-time pricing and execution of trades & also enhanced charting functionality with various timeframes.
- Yes, they allow traders to invest in precious metals such as gold and silver.
- Within one month, the swap is being charged on my trades which is disappointing.
- Using Autochartist can save FXPrimus users time and makes the trading process more efficient.
- These are the Standard, Premium and VIP accounts with a $500, $2,500 and $10,000 minimum deposit, respectively.
- These resources often include in-depth video tutorials, webinars, e-books, and dedicated training courses covering various aspects of trading and market analysis.
- Hi Robert Cahyadi Susanto,We're sorry to hear that your experience with us has not been the best.To protect your privacy, please reach out to our team and we'll happily review any issues you may have faced.
All three platforms fully enable algorithmic trading and copy trading features. Traders can use a desktop version, a lightweight web-based version, or a mobile app. FXPrimus is an international online financial trading platform and a multi-asset broker. It provides its vast clientele access to online forex trading, commodities, energy, and indices.
They have a global footprint with data centres in New York, London, Hong Kong, China and Singapore. Trading Forex, CFD, Binary Options, and other financial instruments carry a high risk of loss and are not suitable for all investors. 66-84% of retail investor accounts lose money when trading CFDs with the providers presented on this site. The information and videos fxprimus review are not investment recommendations and serve to clarify the market mechanisms. With Negative balance protection, traders cannot lose more money than they have deposited. Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments.
The ECN (Electronic Communication Network) premium account requires a minimum deposit of at least $500, has the tightest spreads starting from 0 pips and charges a competitive commission on trades of $5. This account also comes with the same additional benefits as the standard account with access to some extras such as trading signals for qualifying clients. The VIP service provides one on one personalised support with access to the brokers trading signals. This service is available to clients who have an account balance of at least $10,000. I think it would be better if all clients had access to this but I do understand why it would be incentivised.
Therefore, beginning traders are most welcome, also coordinated Seminars around the world centers allowing the potential public to join trading as well. You should click on it, through the instrument chart you’re willing to trade, and set the desired preferences either Market Order or Pending order, select necessary risk levels with stop loss, and take profit. And you’re done, of course further on you have full control over your position and can either close the trade manually or adjust it, unless t hit some of your defined levels. Since the broker decided to mainstay at the MetaTrader4 there are available versions for Desktop Windows, Mac, Android, and iOS mobile trading devices, also through MetaTrader Platform Web Trader. Also, other fees like non-trading fees and withdrawal fees should be taken into consideration. It may seem misleading at some point, however, FXPrimus has the reputation of a safe broker therefore the choice is always yours whether to take a trading risk or not.
Firm’s he has worked at include big banks like Citi, and prominent hedge funds including D. Although FXPrimus does not currently offer special promotions or incentives, it’s crucial for brokers to consider implementing such strategies to stay competitive and provide added value to their clients. Doing so can attract new traders, retain existing ones, and foster a strong community within their client base. In addition to the aforementioned promotions, brokers may also offer other incentives such as cashback or rebate programs, referral bonuses, and discounted trading fees. These promotions enhance the overall trading experience and create a sense of community among traders, as they can participate in competitions and benefit from various rewards programs. Local transfers are another option, offering a processing time of 1-5 working days.
While FXPrimus does offer its clients educational resources and trading tools (as we stated before), it is worth noting that these materials are not accessible unless a client signs up for an account. Like MT4, MT5 is available on desktop, mobile, and as a web-based application, providing traders with flexible access to the markets. Awards coveted by many forex brokers, they are created by the investment specialized magazine of the same name, noted for their unique insights on the financial markets, industry analysis, trading strategy and more.
FXPrimus provides four different live trading account types – the PrimusCent Account, the PrimusClassic Account, the PrimusPro Accounts, and the PrimusZero and PrimusDemo Accounts respectively. FXPrimus account packages are tailor-made to suit all levels of experience. This broker offers a transparent commission system dependent on the user’s choice of account type.