FXBrokerTrust
FXPrimus

FXPrimus

Compliant
Company Name
FXPrimus
Headquarters
Cyprus
Founded
Founded in 2009
  • CySEC
  • FSA
  • VFSC
Overall Score
7.0/10
Min Deposit
$250
Max Leverage
1:500
EUR/USD Spread
0.1 pips
Trading Platforms
MT4, MT5
Withdrawal Speed
1-3 business days

Overview

FXPrimus is a CySEC-regulated forex broker founded in 2009, offering multi-asset trading with competitive spreads and robust investor protection through its Investor Protection Fund.

Basic Information

Company Name
FXPrimus
Founded
Headquarters
Cyprus
Official Website
https://www.fxprimus.com
Instruments
Forex, CFD, Indices, Commodities, Cryptocurrencies, Shares
Account Types
Standard, Premium, Executive, VIP

Regulation

Regulatory licenses and compliance status of this broker

  • CySECVerified

    CySEC · License Number CySEC 261/14

  • FSAVerified

    FSA · License Number SD028

  • VFSCVerified

    VFSC · License Number 40238

Trading Conditions

Trading Conditions

Min Deposit
$250
Max Leverage
1:500
EUR/USD Spread
0.1 pips
Trading Platforms
MT4, MT5
Account Types
Standard, Premium, Executive, VIP

Deposits & Withdrawals

Deposit Methods

  • Bank Transfer
  • Credit/Debit Card
  • Skrill
  • Neteller
Deposit SpeedInstant
Deposit FeeFree

Withdrawal Methods

  • Bank Transfer
  • Credit/Debit Card
  • Skrill
  • Neteller
Withdrawal Speed1-3 business days
Withdrawal FeeFree

Scoring Details

Regulatory QualificationWeight 30%
7.0
Trading EnvironmentWeight 20%
7.0
Fund SafetyWeight 15%
7.0
User ReputationWeight 15%
7.0
Platform FeaturesWeight 10%
7.0
Customer ServiceWeight 10%
7.0

Pros & Cons

Pros

  • Multi-regulated by CySEC, FSA, and VFSC
  • Investor Protection Fund for added security
  • Competitive spreads from 0.1 pips
  • Negative balance protection included
  • Segregated client accounts

Cons

  • Higher minimum deposit of $250
  • Limited cryptocurrency selection
  • No Islamic account option available
  • Customer support response times can vary