Ezekiel Chew, the mastermind behind this initiative, known for his advisory role to trading institutions and banks, stands at the core of Asia Forex Mentor. Ezekiel is distinct in the realm of trading education due to his consistent delivery of seven-figure trades, highlighting his exceptional expertise. For those preferring local bank transfers, FXPrimus processes these within 24 hours, offering transactions in MYR, IDR, VND, and THB. This swift processing time enhances convenience for traders in specific regions, with a minimum transfer fee of $50. The VIP trading signals give you access to trading signals with live notifications and alerts, including technical analysis for potential trade entry and exit points across different instruments. Clients that maintain an account of at least $10,000 qualify for a lifetime subscription of VIP trading signals that can be accessed from within the FXPRIMUS members area.

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In a crowded field of forex brokers, FXPRIMUS has garnered significant attention due to its promise of secure, innovative trading services. Known for its extensive educational resources and commitment to safety, FXPRIMUS appeals to both beginners and seasoned traders. In this detailed review, we’ll examine FXPRIMUS’s key features, trading platforms, fees, customer support, and more to help you decide.

While these licenses demonstrate compliance with regional standards, they may not afford the same level of investor protection as more stringent regulators like the FCA, ASIC, or CySEC. FXPRIMUS operates under the purview of multiple regulatory authorities, which vary depending on the region of operation. The broker’s licensing and regulatory status is a key aspect to evaluate when assessing its credibility and safety. Your account manager will be in touch to share with you all info on the links that work in Malaysia. 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.

MT4 on FXPrimus offers traders comprehensive features and tools to enhance their trading performance. The FXPrimus MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the FXPrimus platform to their needs. One of the standout features of MT4 is its charting functionality, which allows FXPrimus traders to analyze price movements and make informed trading decisions. FXPrimus delivers competitive trading conditions with spreads starting from 0.0 pips and flexible commission structures. Beginners can benefit from zero-commission accounts, while advanced traders can access ultra-tight spreads and low fees.

Is FXPRIMUS safe for US traders?

Brokers like FXPrimus must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances. We understand that informed decisions with FXPrimus are the key to successful trading, so we’ve provided this detailed FXPrimus review. So, take a seat, grab a cup of coffee, and dive in to learn about FXPrimus and how it can benefit you or if FXPrimus is not for you. The average withdrawal processing time typically ranges from 1 to 5 business days. The average deposit processing time at FXPrimus is instant to up to 1 business day, depending on the method used.

What hours is the forex market open?

For instance, using CFDs, you use the FXPrimus trading platform to buy/sell $10,000 worth of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value. To open a trading account with FXPrimus, individuals can sign up on the FXPrimus website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.

• Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account.
• When considering FXPrimus for your trading activities, its financial regulatory status in your region is crucial.
• Besides, the trading platform the customer selects may also impact the available trading instruments.
• FXPrimus requires a minimum deposit of 15 GBP/USD/EUR when opening an FXPrimus trading account.

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This powerful tool allows traders to oversee over 128 accounts simultaneously, enabling them to place market and pending orders, view real-time market prices, and track all accounts and equity in real-time. You should take the security of your personal information seriously and check SSL encryption is enabled on the FXPrimus trading platform to protect you on PC and mobile FXPrimus platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using FXPrimus web trading platforms. It’s essential to note that the trading instruments offered under the FXPrimus brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments.

• I think these will be useful if you need to perform quick calculations when preparing your trades.
• Stop-loss orders are especially important for FXPrimus traders not hedging their positions or using leverage, as they can be more vulnerable to significant losses.
• Cryptoasset investing is highly volatile and unregulated in some EU countries.
• Here is a screenshot of the FXPrimus quotes in their MT4 during the London-New York overlap session, the most liquid one, where traders usually get the lowest spreads.

FXPRIMUS is an appealing choice for traders who value security and educational support. It has built a solid reputation with a diverse range of account options, competitive spreads (especially on higher-tier accounts), and excellent client fund protection measures. However, if you’re looking for an extensive range of platforms or are sensitive to higher spreads on entry-level accounts, you may want to compare other brokers before committing.

You can diversify your portfolio with the indices offered including the S&P500 CFD, Nasdaq 100 CFD and Dow Jones CFD. An index is a statistical measure of changes in a portfolio of stocks representing a portion of the overall market. Index trading is for those with a keen eye for changes in a certain sector or a group of stocks.

Yes, FXPrimus offers a demo account that allows traders to practice their skills without risking real money. FXPrimus provides a diverse range of trading options across multiple asset classes, including forex, metals, equities, indices, energies, futures, cryptocurrencies, and stocks. The forex market is the largest and most liquid, operating 24/5 without a central marketplace.

However, it’s worth noting that while these platforms are widely recognized, the broker’s overall offering does not stand out significantly in the crowded market space. Millions of people worldwide use Android mobile devices and tablets, and FXPrimus offers its clients access to the MetaTrader 4 platform on these devices. With the FXPrimus MetaTrader 4 Android application, traders can monitor the financial markets and execute trades directly from their Android-based smartphones and tablets. This app provides access to a range of advanced trading features, allowing FXPrimus traders to stay on top of their trades and react quickly to changes in the market. With the FXPrimus MetaTrader 4 Android app, traders can securely manage their trades on the go, making it a convenient and efficient way to stay connected to the market.

FXPrimus aims to combine technology with transparency, creating a secure, client-centered environment for traders worldwide. However, the broker’s operational transparency, security measures, diverse account offerings, and technological infrastructure make it a reputable choice for traders seeking a global platform. The key is understanding your personal risk tolerance and trading requirements before engaging. FXPrimus offers multiple channels for contacting customer support, ensuring traders can easily seek assistance.

We also dive into each broker’s trading costs, such as VIP rebates, inactivity fees, custody fees, bid/ask spreads, and other fee-based data points. Our team’s review of FXPrimus reveals that it is a satisfactory choice for forex and CFD traders, although it doesn’t quite reach the pinnacle of the industry offerings. Our testing and assessment showed that it offers a moderate range of forex pairs and trading symbols, supported by a decent suite of trading platforms.

Trading with FXPrimus involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in fxprimus review the markets. Experienced FXPrimus traders can trade high risk CFD trades to hedge items in their portfolio.

I like the Primus Zero account, as it offers high leverage and a very competitive commission-based pricing environment with raw spreads of 0.0 pips for a commission of $5.00. The minimum deposit requirement is $1,000, but I think it is well worth it for high-frequency traders. FXPRIMUS is a recognized global Forex broker that has been operating in the financial industry for over a decade. It positions itself as a customer-centric platform, offering a wide array of trading instruments, including Forex, commodities, indices, and cryptocurrencies. With a focus on technological innovation and client satisfaction, FXPRIMUS has made a name for itself among retail traders.