Apr 29, · Primus Africa (Pty) Ltd. To cater to the trading needs of traders on the African Continent, FXPRIMUS recently has launched its southern office which is located at 9th floor Atrium on 5th CNR Maude. Discover an award-winning safe trading environment, founded on the proven philosophy of success through security. Aug 24, · Primus Markets INTL Limited is regulated by VFSC with registration number FX Primus Review Summary. Overall, FX Primus is an excellent choice for a forex broker offering the mt4 trading platform in my opinion/
Foundation Year : The broker offers online trading services for financial instruments such as spot forex, spot metals, equities, market indices and other types of CFDs. Demo : Open Demo Account. Max Leverage : Publicly Traded : No. Trading Platforms : MT4. Commission primus forex Trades : Yes. Fixed spreads : No. Mobile trading : Android, iOS.
Accepts Us Clients : No. As a primus forex financial services provider, the broker is also a member of the Investor Compensation Scheme. Hence in the event the broker is contractually unable to fulfill its contractual obligations, clients can file a claim for compensation for up to 20, euros. With the negative balance protection in place, clients at FXPRIMUS need not worry that their trading balance will ever become negative in the face of adverse market conditions.
FXPRIMUS also has in place the latest hack prevention software to protect the data of its clients from the threats of any cyber attacks, primus forex. You have a choice of 5 major asset classes to trade with. The Variable account is further sub categorized into 3 types namely the standard account, the premium account and VIP account.
FXPRIMUS Variable account holders will also have access to a wide range of trading tools and educational resources to help them make better informed trading decisions.
With this account, traders have access to more sophisticated trading tools such as SMS alerts, trading signals to assist them in making more informed trading decisions. In addition, ECN account holders will benefit from more competitive spreads.
Experienced trades will also be able to make use of the demo account to test their trading strategies primus forex a controlled environment. Bank transfers can be international wire transfers or local bank transfers. The processing time for international transfers is about 2 to 5 days. For local transfers, the processing time is significantly shorter and requires only 24 hours to be processed. The process takes as little as 5 minutes to be completed. Processing time for eWallets ranges from 5 minutes to 24 hours.
The MT4 platform is popular among traders as it comes with a wide array of trading tools, primus forex. The platform gives you the option to use hedging, meaning taking one position against another position you hold eg. Not all platforms allow this feature. MT4 is the most popular platform for Forex traders, that is because it is light enough to be fast yet feature laden enough to be suitable for all levels of trader.
Also the automated trading feature through Expert Advisors and the in built programming language proves to be a big draw, primus forex. The MT4 mobile app is also extremely powerful and comes with the following functionalities:. The platform allows traders to trade on the go, monitor the markets through the complex charting, manage their accounts and speak directly to the customer support department. The charts come with a few basic features, such as add cross hair and change timeframe as per image below.
The great thing about the mobile version is you can also add your indicators and trend lines. The list of available indicators is long as you can see in the image below. The image below shows you your key account information, primus forex. You can upload funds directly from mobile and change your account settings too. This helps to increase the chances of traders getting their orders filled.
The key advantages of using FIX protocol are:. Making calculations is part primus forex parcel of trading.
The calendar details all the upcoming economic events that will have an impact on prices in the markets. The minimum spreads for variable spreads ranges from 2 pips to 2.
As for ECN spreads, the minimum spread is as low as 0. At present, the broker offers the following bonuses and promotional offers:, primus forex.
The primus forex outlook reports are prepared by the in-house experts to ensure that traders at FXPRIMUS are given all the necessary tools to further their trading activities.
The materials that are found in the educational center are compiled by some of the most experienced analysts in the industry. The trading conditions are fair and although there is no proprietary platform, the MT4 is available. This broker is regulated in 3 jurisdictions which include the CySEC regulatory authority.
This should go some way is assuring clients as CySEC is a robust and stringent regulator. FXPrimus offers the MT4 platform for Mac, Windows, on the web and for mobile although they have no other platform on offer, primus forex.
They also offer hedging through the platform, primus forex. The primus forex offers promotions depending in what jurisdiction you are based. These include zero fees on deposits and lowest fees on gold trading at 0. They also offer negative balance protection, primus forex, which stops you getting into minus, primus forex.
They also give me the option to select the types of spreads I want. The knowledge center is quite informative and their customer support is top notch.
This gives me maximum returns on my limited capital. The mobile trading platform is a great help when you are constantly on the move, primus forex. Number Of Employees : Mini Account : Yes. Premium Account : Yes.
Demo Account : Yes, primus forex. Islamic Account : Yes. Segregated Account : Yes. Managed Account : Yes. Institutional Account : Yes. Beginners : Yes. Professionals : Yes. Scalping : Yes. Day Trading : Yes. Weekly Trading : Yes. Swing Trading : Yes. This competition has been re-launched further to popular demand from our traders clients who enjoy trading Gold as part of their diversified portfolio, primus forex.
Coins Pairs Exchanges Wallets. Trading tools Stock Exchanges. Advertising Disclosure Advertising Disclosure. This page may not include all available products, all companies or all services. Open Account Full Review. Kate Leaman. Last updated : Apr 29, At FX Empire, we stick to strict standards of a review process. Learn about our review process. FX Empire may receive primus forex. General Information.
Negative Primus forex Protection With the negative balance protection in place, clients at FXPRIMUS need not worry that their trading balance will ever become negative in the face of adverse market conditions. Bank Transfers Bank transfers can be international wire transfers or local bank transfers.
Some of the features of the MT4 trading platform include the following features: Built in MQL 4 programming language Comprehensive trading charts Large library of technical indicators. One click trading Support for automated trading Support multiple order types. Support for primus forex languages The platform gives you the option to use hedging, meaning taking one position against another position you hold eg.
The MT4 mobile app is also extremely powerful and comes with the following functionalities: Access to more than 30 technical indicators Account management features Efficient execution of trades Enhanced Charts Live News Feeds The platform allows traders to trade on the go, monitor the markets through the complex charting, manage their accounts primus forex speak directly to the customer support department.
Additionally you can add and remove assets from your watchlist, as in the image below. The key advantages of using Primus forex protocol are: Customized liquidity Customized trading interface Faster execution of trades Use of multiple order types Primus forex Making calculations is part and parcel of trading, primus forex.
Deposits of funds can be done by credit cards, bank transfer and ewallets. What is the min. Pros Cons Highly regulated trading environment which includes CySEC protection Negative balance protection on minus Training, consultations and ongoing support Only MT4 platform available, no choice of platforms, primus forex.
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For verified ratings of our services, please view our: Star Rating on FXPrimus Star Rating on FXPrimus 27% Good Design Introduction You may already read FXPrimus reviews before since this is one the most popular and secured online broker. Based on Cyprus, this broker started its journey from mainly focusing on the retailers. Primus Markets INTL Limited, regulated by VFSC, with registration no. Primus Africa (Pty) Ltd, regulated by FSCA, with licence no. Risk Warning: Please note that forex trading and trading in other leveraged products involves a significant level of risk and is not suitable for all investors. Learn to trade forex with these short and easy to understand videos about online trading. Open an account to gain full access to the video library. Learn to trade forex with these short and easy to understand videos about online trading. Open an .