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The minimum deposit for the FxPrimus ECN type accounts is 500 USD, or the equivalent in other currencies. Thanks for taking the time to leave us a review, we are really glad to see that you are happy with our services. Responses and help are pretty fast, but honestly not that amazing. The provided VPS service is expensive but unreliable. News feeds aren’t automatically linked to Meta Trader, I don’t think there are even news feeds for individual pairs. I gave them 5 stars when I started but I recently switched to a real broker and realised just how bad fxPrimus truly is.
They’re really responsive, accommodating, and efficient. The customer support team has attended to my requests regarding my minor name change request and also has attended to the approval process of my documents via their on sync emailing system. Customer https://broker-review.org/ satisfaction is always our top priority and we strive to deliver an outstanding quality of services to all of our clients. We are so glad to see that you are happy with our team. Cheap cigarettes online – Buy cheap cigarettes from our store.
As an added safety measure, FxPrimus has introduced in 2019 a professional indemnity insurance of €2.5million, maintained by Howden, a trading name of RKH Specialty Limited, part of the Hyperion Insurance Group. RKH Specialty Limited is authorised and regulated by the UK’s Financial Conduct Authority in respect of general insurance business. The insurance covers customer’s funds, free of charge. FxPrimus also complies with the client money handling rules and employs strict policies and procedures regarding the maintenance and operation of these accounts. FxPrimus holds client’s money separately to the company funds and does not use these funds for any operational expenses or purposes. Fxverify is the first of it’s kind and only publishes user reviews by verified customers with a real FxPrimus trading account.
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There also is a broad choice of timeframes and automated trading is supported. When it comes to withdrawals, it is important to note that there are some pitfalls. For instance, it is possible to withdraw the funds only to the account and method with which you made a deposit. The withdrawal processing time also depends on the selected method.
This is done through a three-pronged approach of safety through Technology and education. Trading accounts – The FxPrimus ECN account is the more popular choice with traders looking to save on trading costs, with a lower spread and a commission of $10.00 per lot traded. Extra points for FxPrimus’s policy of no fees on deposits or withdrawals. FxPrimus also loses a few popularity points with traders looking to diversify their trading portfolio. The broker offers very limited trading instruments and only one trading platform to retail customers. Withdrawals fees – Same policy applies for withdrawals (processing times vary depending on the withdrawal method chosen, normally within 1-5 business days).
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FxPrimus does not charge any fees for withdrawals, provided it meets the minimum withdrawal threshold. The minimum withdrawal with FxPrimus is 100 USD , required to avoid paying withdrawal fees. For more information, please visit the FxPrimus deposit and withdrawals dedicated page. To benefit from the lower spreads of the ECN type accounts there’s a cost, meaning commissions. For the same example, the EUR/USD, the standard lot commission for 1 lot is 10 USD (5.00 USD per side, per lot), or the equivalent on the trader’s account currency. We consider this commission cost to be higher when compared with other brokers.
- However, if you want to work with cryptocurrencies, this is not your choice.
- Trading accounts – The FxPrimus ECN account is the more popular choice with traders looking to save on trading costs, with a lower spread and a commission of $10.00 per lot traded.
- Very supportive support team and account managers.
- However, to use this service, you need to have at least $500 on your account and trade at least 5 lots during 30 days of activating your account.
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The company enables clients of all experience levels to trade multiple instruments including Forex, commodities, energies and indices. FxPrimus also offers PAMM accounts alternatives for money managers. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. 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. As well, Marie Calire Dael and Mary Jane Dael have marketing skills and true experience in trading which should be grateful by traders and listen by LIVE audiences. Buy discount computers, notebooks, printers and computer parts.
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That creates it very easy to observe what you need! But the biggest difficulty is to think the market value that your team gets. But there’s always a risk that your deposited money will be confiscated. Same with withdrawing – the process can last for some time, and then you’ll get notified about the confiscation.
However, there is evidence that they go as far as confiscating your deposit the day after you’ve done it. Sadly, it seems that working with FXPRIMUS implies a heavy amount of disadvantages. Here are a couple of the major issues, according to the user reviews. Another user, “ronooi”, writes that fxprimus review the broker deceives its clients by artificially changing the prices. As an example, he has provided a situation where the price per gold fell 1000 pips down in only a few seconds. This did not happen with other brokers, so the user assumes that this has something to do with the broker.