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FXPRIMUS Review Scores


Overall score: 3.6 / 5

Total votes: 70
Platform
1
Pricing
1
Customer service
1
Features
1
1 - Worst 5 - Best

FXPRIMUS Discussion

keon12
Nov 22 2019 at 13:30
1 posts
I am an analyst, trading signal provider and fund manager. I started business with FxPrimus more than 6 months ago. I am surprised that the company provides exceptionally good support and customized solution to my clients and me. Generally big companies don't care about every single IB or every single client and they give you default facilities whatever is preset by the company. But, FxPrimus goes beyond its default things and customizes the things as per clients' need. For example, they have PAMM service for fund manager but they are giving me separate MAM.

Jacki Grewal from FxPrimus is highly supportive business development manager. He always helps me as well as my clients. He helps in business expansion like nobody from no comoany does.

THE BROKER is true STP, never had any execution problem even during news trading in any of my clients' accounts (account type: variable).

Besides these good things, Professional Indemnity Insurance by Howden, a group of FCA UK regulated insurance service provider, is a peculiar thing about FxPrimus. The insurance covers up to $2.5 million. I have personally checked the authenticity of this insurance as well as authenticity of insurance brokers and underwriters. In case of any dispute(s), the company thus can easily pay the client without running in any financial problem. Thus I deem FxPrimus financially stable and there is no chance of insolvency

TraderSorrow
Jan 03 2016 at 08:30
2 posts
Anyone have any experience with FXPrimus as of lately?
They've gotten CYSEC regulated and are offering a payoneer card for withdrawals.

Thanks

dashisiong
Dec 20 2013 at 06:38
32 posts
This is what fxprimus say:

Effective immediately, in an effort to reduce re-quotes, clients trading Fixed Spreads may notice a small increase in spreads during volatile times in the market such as moments before and after monthly US employment reports and severe market movements. Of course, during all other times, you will continue to enjoy trading on fixed spreads as usual.

Thalantas
Dec 19 2013 at 20:47
192 posts
dashisiong posted:
Yesterday fomc news they have a 15 pips spread on fixed spread account, what do u all think?


By definition if the spread if fixed it can't be 15pips...you underwent slippage that's it.

A smooth sea never made a skillful sailor.
dashisiong
Dec 19 2013 at 19:56
32 posts
Yesterday fomc news they have a 15 pips spread on fixed spread account, what do u all think?

autolife (autolife)
Aug 12 2013 at 12:37
4 posts
i use fxprimus and i find very good broker, very fast, only i get a problem with support, that did not solve my problem and i solved alone.

Sawadee Kap from THAILAND
kokc (kcchan556)
Aug 02 2012 at 18:47
5 posts
anyone with latest comment.

i am on demo with fxprimus. i know that they of fer 1 to 1 coaching if our funding is usd 250 or more. any comments.

jstradinggroup
Jul 20 2012 at 23:17
2 posts
I have been with this Broker for two years and I recommend. I never have any problem with them. Server always on line, spread low, fast support. Really excellent.

zyrt
Apr 16 2012 at 06:03
202 posts
Does anyone has feedback on :

10 standards lots trades : is it as quick and easy as 0.01 lot ?
Execution time : is it ok? Like 150-300ms ?

Hope a day they will lower a little bit their commission... 7USD would be nice.

D_Diamond
Mar 02 2012 at 03:53
46 posts
ECN premier
2011
spread : good
commission : 10USD
execution : NDD super fast ( avg. 200ms )
support : fast
advantage : absolutely no slippage on stop order

2012
spread : exellent
commission : 10USD
execution Dealing Desk ( avg. 1000ms )
support : slow
advantage : No slippage during normal market conditions

fxmanagers (larryfx)
Jul 05 2011 at 10:52
1 posts
yes i just open an ECN account with this broker no experience yet .......

H2P (rtan999)
Jun 11 2011 at 08:43
3 posts
The ECN ac comm at $10 per STD lot is way too high not acceptable. I switch from ECN to variable rate ac with no comm better off. Spread is easily offset with the comm you paid out. Other thru this another issue is their server and MT4 like to drop connection oncw awhile frequently few times a day but get reconnected automatically almost without noticing.

Happy and Peace to bring in high Profit.
T1FX (t1fx)
May 01 2011 at 12:02
23 posts
It's the best broker we have used so far. However, fundings and withdrawals suffer from slight delay sometimes. Executions are great. Order get filled the same was regardless a $100 account or $100k account. No stop loss hunting and no weird order manipulations. We get 5x less re-qoutes as compared to other broker we use previously, we suffer very mininal spread fluatuation as well, no more weird 20pips 50pips spike for spread during news anymore.

Our EA runs great with FXPRIMUS. This is a highly recommended broker.

We do hope you to offer PAMM service or P/L allocation with your MAM facility. Currently, it is limited to 0.01 ($0.10 per pip), causing some of our managed EA not able to run on FXPRIMUS with fundings lesser than usd$3k.

5 STAR HONEST BROKER.


T1FX, Making Money Is Automatic
RivabexForex
Mar 22 2011 at 01:40
1 posts
I trade live with this broker every day .ECN account is great. Low spread, Orders get filled without problems. No stop hunting . Service is very good. Very easy and fast deposit and withdrawal. I can recommend this broker to all kinds of traders.😄

rickcui (huitailang)
Mar 18 2011 at 08:20
14 posts
Spread: Good
Exec Speed: Fast
Service: Excellent
Funding and Withdraw: Fast and Good
Commission: A little bit high(10 dollar per 1 lot)
My advice: if your not mind the commission, this broker is the first choose! Recommend!😄

Abdullah Riffai (magnapro)
Dec 26 2010 at 11:32
2 posts
yes, fxprimus got problem with certain EAs or Indicators running real time connection and linking with other websites.
so just do double check with your tools whether it has such functions with your EAs or Indicators.

it seems that they are trying not to allow us to do so, but sometimes, it's hooked up, or sometimes, we got 'no connection' alerts! i'm still discussing it with fxprimus, but still no solution with that.

IMHO, this broker is still 'a baby broker' and they still have to do a lot of home work to make their MT4 platform running well, furthermore it's true, that they are urgently need to refine or tune up their payment system.

But overall, after thorough examinations with their general appearance and business characters as well as from technical side, I should say that this broker is still honest and fair enough, if we compare it with others.

And, i'm fully agree with adamp, so, it's still highly recommended level of ratings, especially from me.

Never Say Never Again!
kellilives
Dec 26 2010 at 08:44
1 posts
Has anyone has issues with running EAs with FX Primus? My EAs are running well on Alpari UK, but have lots of problems getting them to run correctly on FX Primus. Of course FX Primus won't help me get this sorted.

adamp
Dec 03 2010 at 15:34
2 posts
Funding and withdrawing capabilities are great. They offer funding through local bank account via Global Collect ($5 fee). Withdrawing is possible to a credit card, that can be ordered at FXPRIMUS ($15 fee one-time).

They offer true ECN account from $2,500, spreads are as low as 0.0 pips (yes, 0.0 pips). Have seen this many times in USDJPY. already on my live accunt. And from 0.2 pips EURUSD.

Even though the spreads are great at the ECN account, they don't get full points in pricing. That's because, I find $10 per lot (round turn) a little bit high. It get's down to $8 if you trade 250 lots per month.

But beside that, I have nothing to complain!

The trend definitely IS your friend!
Abdullah Riffai (magnapro)
Nov 15 2010 at 17:15
2 posts
deposit and payment system is still need to be developed and upgraded with more possibilities and flexibilities

Never Say Never Again!
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