FxPrimus Broker Review 2021: A Complete Overview for Traders

Brought to you by DayFunded: The Insider's Guide to Trading Hosts

Today we're going to be taking a deep dive into one of the oldest brokers in the game: FxPrimus. We'll be addressing everything from the minutia of their minimum account size to regulatory outlooks and the exciting array of features on offer. So strap in for the comprehensive spotlight on this venerable trading platform.

Company Overview

As a name, FxPrimus has stood the test of time. They have a troika of bodies: FXPRIMUS (Europe) CY Ltd, Primus Global Ltd, and Primus Markets INTL Ltd, which have been in operation since 2009. That's over a decade of successful forex trading for you to take advantage of. However, if you’re a US-based trader, it’s important to know upfront that FXPRIMUS does not allow you to trade on their platform.

FxPrimus for Beginners: Low Deposits, Serious Regulation & Accessibility

For individuals starting their trading journey, or experts looking for value, FXPRIMUS makes a strong case. That's thanks to a minimum account size of $15 (a real boon for beginners), as well as professional regulation — ensuring your funds are safe and secure.

Furthermore, the minimum position size is 0.01, allowing for a lower risk entry point in your trading career, while also offering ample room for seasoned traders to expand their portfolio.

It should be noted, however, that despite these attractions, US traders are not permitted on the platform.

Spreads: Keep it Low

On the hunt for competitive pricing? When it comes to spreads, FXPRIMUS keeps it low. This is fantastic news for traders of all experiences and account sizes, as low spreads directly correlate to reduced trading costs.

FxPrimus Broker Features: A Wide Range at your Fingertips

FXPRIMUS surpasses many of its competitors with the variety and quality of features it offers. The broker provides free education resources, proving they are serious about user growth and enhancing the trading abilities of their clients.

Managed accounts are available and through the use of Virtual Private Servers (VPS), users can maintain a constant connection to the platform. FXPRIMUS has segregated accounts for enhanced security, provides personal account managers to users and offers bonuses to incentivize their trading experience.

One particularly interesting feature is the provision of PAMM - Percentage Allocation Management Module. This provides traders the opportunity for profits, even if they have little time for active trading. Lastly, active users can participate in trading contests for exclusive rewards.

Leverage: recLg5mfiVF2pajoc

While the maximum leverage figure seems encrypted (recLg5mfiVF2pajoc), FXPRIMUS would presumably offer leverage — as it's fairly standard in the industry. However, the exact figure is currently undisclosed in this review. Remember always to use leverage responsibly as it can amplify both profits and losses.

Conclusion: The Verdict on FXPRIMUS

Offering low spreads and a host of user-friendly features, FXPRIMUS makes an exciting prospect for novice and experienced traders alike (non-US citizens). They host a wealth of resources and promotional activities that stand as proof of their customer-centric approach. From our perspective here at DayFunded, we're impressed with what FXPRIMUS brings to the table and highly encourage traders to take a closer look.

For more in-depth broker reviews and trading guides, stay tuned to our platform. We’ll bring you all the trading expertise, breaking news, and comparative insights you need to succeed in the market.