Fxprimus.com Review Is FXPRIMUS A Legit Broker Or Scam

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FxPrimus.com Review Visit site

About FxPrimus.com

FX Primus is a forex broker. FXPrimus offers the MetaTrader 4 and MT Mobile online forex trading top platforms. FXPrimus.com offers over 30 currency pairs, metals, cfds, indices, and equities for your personal investment and trading options.

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Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 500:1
Minimum to Open Live: $1,000
Established: 2009
Address: Office 102, Zavos Kolonakiou Center, 25 Kolonakiou Street, Limassol, 4103, Cyprus
Contact: [email protected], +357 25262084
Regional offices:
Regulators: CySEC #261/14, FSCA #46675, VFSC #14595
Prohibited countries:

Yes

Yes

Yes

Trading platforms: MT4
Web Trading:
Mobile Trading:
ECN:
Currencies: (40+)
Cryptocurrencies: (5+) Bitcoin, Litecoin, Ethereum
CFD: (35+) Gold, Silver, Other Precious Metals, Stocks, Bonds, Oil, Other Commodities

Yes

Yes

Yes

Yes

EAs/Robots:
Scalping:
MAM:
PAMM:
Deposit Methods: Bank Wire, VISA, MasterCard, American Express, BitPay, ecoPayz, FasaPay, Giropay, Itau, Local Bank Transfers, Neteller, Skrill, UnionPay
Withdrawal Methods: Bank Wire, VISA, MasterCard, American Express, BitPay, ecoPayz, FasaPay, Giropay, Itau, Local Bank Transfers, Neteller, Skrill, UnionPay

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Consumer Reviews

Service use: Live

Length of use: 3-6 Months

Service use: Live

Length of use: 0-3 Months

Stay far away from FXPRIMUS. i opened a Gold trade one day and the next day within a sec, my whole credit got wiped off, theres a spike shoot down 1000 pips within seconds. I’ve checked other brokers that i using, there is no spike at all. What does this mean? Means FXPRIMUS are able to control the market in the MT4 and do whatever they want to cheat the traders money.

I wanted to try out FXPRIMUS and make a deposit, and the next day this thing happened. Im very disappointed with FXPRIMUS.

Service use: Live

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Length of use: 0-3 Months

Service use: Live

Length of use: 6-12 Months

I have an Live account with Fxprimus with deposit of total $9760
It’s 3-22-2020 when i requested wd and fill a form for withdrawal of $4600 and $4400, it was really surprise and shock to me when i found that they took all my profit took away with put in statement “Recoup Abuse” without any explanation and without any email cuz they have no any proof Screenshot (http://prntscr.com/rkqdxi)

put that all in withdrawal and mention Abuse -Totally Scam by fxprimus

Last week 3-14-2020 i had some hedging position in my account (everything is share in screenshot for your references). Fxprimus removed my buying position removed on Saturday night when market was Off (here is screenshot Screenshot http://prntscr.com/rkq573). i can’t express the emotion and what i had feeling that its high of scam. i didn’t have any experience like that before with any broker who can close any position on weekend when market off (100% sure market mover can do this). they put my account on selling positions and remove all the profit the $0 . It was my luck that market open in selling gap on monday 3-15-2020 and my account equity was $40K (Look when they let selling positions on http://prntscr.com/rkq86p) is all that recoup abuse profit? does this make any sense?
this is nothing but clean and clear Scam and Fraudulent activity by fxprimus

All this week i trade and when today i try to make some money out , Fxprimus find no reason otherwise they could put that all profit lots into 0 zero like they did before. and they feel hard to pay me back so they decided it should be put on Recoup Abuse with some plan
and put all my money out. THIS IS BIG SCAM WHICH NO ONE CAN EXPECT and 100% means FXprimus is market mover and can close positions and took profit anytime in close market. It was never going to happen if i loss all my equity .
I hope someone senior and responsible person take some action and make it resolve on priority basis. i won’t let this happen to me or anyone who earn very hard and invest online with these crooks

FXPRIMUS PLATFORM AGAINST TRADERS. SL HIT BEFORE PRICE OF SL

Service use: Live

Length of use: over 1 Year

MANY TIMES STOP LOSS TRIGERED EVENTHOUGH IS STILL ABOUT 15 PIPS AWAY (150 PIPS FOR THE 5 DIGITS) EVEN THOUGH THE ACTUAL SPREAD IS ONLY 3-4 PIPS.

THIS SHOWS THAT FXPRIMUS PLATFORM IS AGAINST ITS TRADERS, HOWEVER WHEN PROFIT, NEEDS TO SURPASS THE PRICE

FXPRIMUS Review

Overview

That’s a young and promising Forex broker, which does its best to ensure comfortable and profitable trading.

Details

Broker FXPRIMUS
Website URL fxprimus.com
Founded 2009
Headquarters Office 102 Zavos Kolonakiou Center, 4103, Limassol, Cyprus
Support Number +8-835-1008-0975
Support Types Chat, phone, email
Languages Russian, English
Minimum 1st Deposit $100
Minimum Trade Amount $1
Bonus Bonus up to 100%
Leverage 1:500
Spread from 0.1 points
Free Demo Account Open Demo
Regulated
Regulation CySEC (№261/14)
Account Types Demo, Individual, Joint, Corporate, ECN Premier
Deposit Methods Bank transfers, credit and debit cards Visa, MasterCard, exchange offices, Skrill, Neteller, FasaPay, BitPay, Webmoney, etc.
Withdrawal Methods Bank transfers, credit and debit cards Visa, MasterCard, exchange offices, Skrill, Neteller, FasaPay, BitPay, Webmoney, etc.
Number of Assets 120+
Option Types Forex, CFD on stock indices, commodities, stocks, metals, oil products, crypto-currencies
US Traders Allowed
Mobile Trading
Overall Score 3/10

Full Review

Certainly, you’d like to know whether FXPRIMUS is a scam or it’s a reliable company that deserves your trust. We’ll answer this question here below.

FXPRIMUS was founded by a group of institutional and retail traders, who had a clear understanding of what the client needs for trading. The company pays special attention to providing security of online Forex trading. The given broker has become in terms of responsibility of trading. Today it enables the company to establish new security standards on the market. Its mission is to ensure not only the highest safety of online trading, but also to constantly implement the latest developments in the field of security. The issue of technology is also important for the broker. To protect data from hacker attacks of any level, the company uses cloud servers, which provide excellent quality of communication. These servers are located around the world, which enables the broker to ensure fast execution, low spreads and delays. It also minimizes the risk of losing money.

Due to the comprehensive approach to training, FXPRIMUS goes beyond the usual provision of educational materials. The user receives much more: educational support throughout his trading, effective tools to make accurate decisions, resources that help to trade with better results. The productivity of clients’ work is also backed by high-quality technical and fundamental analysis conducted by authoritative experts.

For trading the company’s clients can use one of the most reliable terminals – MetaTrader 4. That’s an indisputable standard of effective trading. It’s very popular due to its intuitive interface, advanced analysis capabilities and automated trading. This terminal will be extremely convenient for the trader of any professional level. It will give an opportunity to work with any devices, including mobile ones. In addition to this, the broker offers its own mobile application, point value calculators, economic news calendars as well as real-time quotes.

Traders can use a free VPS (Virtual Private Server, Virtual Dedicated Server), which works effectively and around the clock, accelerating trading and ensuring the exact execution of transactions. Among the company’s advantages we should mention high-quality multilingual support, free access to advanced training resources, permanent promotions and bonuses.

Replenishment and withdrawal of funds

FXPRIMUS offers a variety of withdrawal and replenishment options. To replenish your trading account, you need to go through a fast registration procedure, deposit the required amount, choosing a convenient way of transferring funds (the minimum deposit is $100). To deposit and withdraw funds you can make use of up-to-date payment systems – from usual bank cards to electronic payment systems:

  • Bank transfers,
  • Credit cards,
  • Electronic payment systems (Skrill, Neteller, FasaPay, BitPay, Webmoney, etc.).

Funds will be immediately available on the account for trading after payment. By the way, only authorized traders can withdraw funds from their accounts.

Complaints about FXPRIMUS

FXPRIMUS is a new broker in the Forex market. The Internet doesn’t offer many reviews about it. Nevertheless, they’re all diverse, so you can assess both the company’s weak and strong points. Among the positive things traders often point to attractive working conditions, reliability of the VPS server, profitable bonuses and promotions, a stable trading terminal, narrow spreads, excellent execution of deals, professional support managers and great scalping opportunities.

There are also enough negative comments, which mostly point to problems with the replenishment of funds, the operation of the trading terminal (slippage, failures), support service (long answers to requests, including withdrawal issues). It’s worth noting that the company’s representative works on the thematic forums, sorting out the negative reviews. Well, it proves that the broker is concerned over the client’s opinion about the service.

If we find complaints about FXPRIMUS, we will post it on social media. Follow us to be well informed:

Is FXPRIMUS a scam?

FXPRIMUS is a young broker, so it’s quite difficult to make clear conclusions about it. Later new reviews should show up. The company hasn’t demonstrated its full potential and shortcomings yet. However, notwithstanding it’s a very young company, it has already become a market leader in terms of security. The company has shown how safe trading should look like. That’s a serious recognized achievement, which speaks about the impressive work of the company. Certainly, it has nothing common with fraudulent projects, which have the opposite approach to working on the market.

Special attention should be paid to the interesting approach to the organization of Forex trading by the broker, which is fully described on its official website (truth about Forex). That’s a complex system, which combines security and a slew of cutting-edge solutions, providing high-quality material for analytics and training. At the same time, the company has tried to fruitfully work with each component of the system to ensure the maximum efficiency. As for trading, the company provides high-quality support and tools. The technologically advanced broker has come up with reliable solutions for trading: MT4 as well as its versions for all devices and other services.

Such a deliberate and thoughtful approach to trading became possible due to the fact that the team includes only true professionals in their field, who clearly understand the needs of the trader as well as impressive capital investments. It’s not definitely a one-day broker, created solely for the purpose of deception. FXPRIMUS has a license, which also has a positive effect on the user’s attitude towards the company. We should also note the official website of the company, which contains a lot of useful information about the company, various features of trade, trading terminals, analytics and training materials. However, there are problems here: some of the information is provided in English, so it’s difficult to find all the necessary materials (terms of trade, types of traded instruments, accounts, etc.) for those who don’t speak English.

Can we label this company as a scam? Perhaps, we can’t. It’s a young, successful and dynamically developing broker, whose approach is being closely watched by its competitors (online trade safety issues). It has a large base of traders around the world and provides high-quality services. Nevertheless, in order to avoid problems with the broker, you should work with your personal manager in the proper way. You should specify all the necessary information about the rules of using bonuses, the withdrawal procedure, etc.

Regulation of the broker

FXPRIMUS is a fully licensed company with a permanent representation in the EU member state, Cyprus. It’s regulated by the Cyprus Securities and Exchange Commission (CySEC, No. 261/14), which guarantees the highest reliability and security of trading. Its activities are also authorized and licensed by the Ministry of Finance and Economic Management of the Republic of Vanuatu, the Vanuatu Financial Services Commission (VFSC, No. 14595).

Bonuses of FXPRIMUS

Each trader of the company can count on 2 types of bonuses:

This profitable bonus will enable you to get extra funds in the amount of up to $10,000, as well as a return of $4 for each used lot. Terms of work with the bonus should be specified by the personal manager.

It’s also a profitable bonus from the broker for trading in the amount of $1500. Both new and regular customers can participate in the promotion. To get this bonus you need to replenish your account with at least $500. Terms of work with the bonus should be specified by the personal manager.

Conclusion

The Forex trading broker FXPRIMUS appears to be a young, but already quite successful and dynamically developing company. It’s considered to be one of the industry leaders these days. Having a large database of traders around the world and providing high-quality trading solutions, unique services to the user, it’s constantly and successfully evolving, following modern trends of working in financial markets. It terms of security this broker really has no rivals. On the Internet you can find both positive and negative reviews about the broker. The company’s representatives constantly monitor user feedback, trying to timely resolve issues. It certainly positively characterizes the broker.

We really hope that the company will demonstrate only its positive virtues and keep improving its services. We guess it will never stop providing unique trading opportunities to its users. We should also note that the broker hasn’t shown its full potential yet. Therefore, it’s too early to make any conclusions about it. Currently, we can’t say for sure whether it’s a reliable or fraudulent company. However, the traders’ responses we are waiting for this article can change the broker’s rating. Moreover, it will also warn many people against possible problems in the future.

FXPRIMUS Reviews

6 • Average

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Reviews 6

If you have troubles with your…

If you have troubles with your investments , hurry up and get in touch with an expert like the one on my profile before it’s too late. Professional service is guaranteed, get started as soon as possible before it is too late

Stopout Level @100%

I opened ECN account for testing purpose, They have Stop out Level 0f 100% everyone will be stopped out due to this

Please Be careful.

Average brooker

Positive :-
– multiple types of accounts including ecn account
– swap free account
– good customer service
– great offers /bonus

Negative :-
-spread: average
– this is what i don’t like :- u can only have 1 account per ID. If u want another account, u must register back using different ID.

Thank you for taking the time to leave us a review and sharing your feedback! Also happy to see your pros outweigh the cons :)

Just to clarify, while you can have multiple accounts under one FXPRIMUS ID, MT4 is built by a third-party software company and requires that multiple MT4 accounts require different IDs.

Please feel free to reach out to us directly if you have any questions or need help —we’re always happy to help!

-Annie, FXPRIMUS Team

My experience with FXPrimus is very…

My experience with FXPrimus is very bad.
Stay away from promotions or read the T&C!!

Horrible company and a scam artist stay away from them!

Horrible company and a scam artist!
Stay away from them and don’t send them any money.
They closed my account without providing ANY EXPLANATION OF ANY KIND.

Here is what happened, I was looking for a broker that could accommodate deposits and withdrawals from ewallets like Skrill and Neteller and I came across Fxprimus, so I opened an account with them and they requested for my KYC documents and I send them the docs and they verified the account without any issues.

About 2 weeks after the verification of my account, suddenly I couldn’t log into the member area where the deposits and withdrawals are made. I chatted with the live chat support, and they opened a ticket for my on their complaint portal, and it was assigned to Ivane Chan, and oddly enough just after 2 days, without any correspondent, Ivane Chan marked the ticket as resolved and closed the ticket and I still couldn’t access the account.

I tried resetting the password, it didn’t work at all, in fact I didn’t even receive a password reset link, i searched everywhere, in the junk/spam. everywhere and I wasn’t emailed anything, interestingly enough I still keep getting their market analytics reports but when it comes to important issues like password reset, I ddin’t get emails from them.

Anyways, fast forward to the next day, I decided to email my account manager who is supposedly in charge of my account and should be able to help in a situation like this, his name is Evagoras Iacovou (can be looked up on facebook and Linked in) and he didn’t respond either, at this point i was outraged, so I wrote an email to their support team at support[atsign]fxprimus[dot]com and they didn’t respond either.

7 days passed and I still didn’t get even one email from fxprimus official support team, or my account manager and my support ticket I had opened via their live chat had magically been marked as resolved.

I decided to give them another chance, so again, I reached out to the live chat support and a live agent chat named Alexandros, opened another ticket in their complaint portal and assigned it to Mayumi Sakamoto to follow up with and the exact same thing happened as before, the ticket was marked as “resolved” and closed without any communication with me and the account still remained inaccessible.

To this date, fxprimus has not communicated with me, in this regards, despite my repeated attempts in reaching out to them, they have not provided any reasoning as to why my account has been disable/or is inaccessible.

I am outraged by fxprimus’ way of treating its clients, save yourself all the hassle and headache and worry and DO NOT OPEN AN ACCOUNT with them, this is just another fraudulent cyprus based broker. a one-man operation.

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