Overview & History
FXPRIMUS was founded in 2009 and is headquartered in Limassol, Cyprus. The broker offers various account types, trading platforms, and multilingual customer support services.
Regulation & Licensing
FXPRIMUS is currently licensed by:
- CySEC (Cyprus) — License No. 261/14
- VFSC (Vanuatu) — License No. 14595
However, VFSC is not considered as reputable as top-tier regulators such as the FCA (UK) or ASIC (Australia). In addition, FXPRIMUS has previously been warned by the Securities Commission Malaysia for conducting unlicensed activities in the country.
Products & Trading Conditions
- Trading instruments: forex, stocks, indices, precious metals, energy, cryptocurrencies, and commodities.
- Maximum leverage: up to 1:1000
- Minimum deposit: from 15 USD
- Account types: MT4, MT5, Islamic accounts, PAMM
- Trading costs: variable spreads, most accounts commission-free
- Deposits/Withdrawals: over 10 methods, broker claims no fees
Customer Support & Services
- Multilingual support (including Vietnamese)
- Channels: email, live chat, phone, Telegram, WhatsApp, Messenger, Zalo, etc.
- Provides educational programs and webinars for traders
- Negative Balance Protection available
Pros
- Low minimum deposit, suitable for beginners
- High leverage, wide range of trading products
- No deposit/withdrawal fees (as advertised)
- Multi-channel customer support, educational resources
Cons
- Regulatory bodies not among the strongest
- Previously warned in Malaysia
- Some complaints about withdrawal difficulties and complex document requests
- Concerns over office operations in Cyprus
Conclusion
FXPRIMUS offers flexible trading conditions and a low entry barrier, making it suitable for new traders or those looking to test strategies. However, risks remain due to less stringent regulation and some negative user feedback.
If you choose FXPRIMUS, it’s recommended to start with a small amount, carefully monitor the deposit/withdrawal process, and always compare it with more reputable brokers to better safeguard your funds.






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