FXPrimus at a glance
Founded in 2009, FXPrimus is an international multi-asset retail CFD and foreign exchange broker operating across multiple regulated jurisdictions, including Cyprus (CySEC Licence No. 261/14), South Africa (FSCA FSP No. 46675), and Vanuatu (VFSC No. 14595). The broker provides access to 130+ CFD instruments across forex currency pairs, equities, indices, energies, precious metals, and cryptocurrencies via MetaTrader 4 (MT4), MetaTrader 5 (MT5), and WebTrader platforms.
FXPrimus reports a founding year of 2009 and a head office in Limassol, Cyprus. It lists 5 regulators and 7 trading platforms.
BrokerBazaar verdict
FXPrimus (Primus Global Ltd / Primus Markets INTL Limited) is an established retail CFD and forex broker operating since 2009. Holding a Tier-2 regulatory licence via CySEC in Cyprus and supplementary licensing via the FSCA and VFSC, it delivers reliable MT4 and MT5 execution with tight ECN pricing. Counterparty risk is moderate and varies by entity, with European clients benefiting from EU ICF protections while international clients trade under offshore oversight.
Legal entities, regulation and licences
FXPrimus operates through 2 legal entities, each supervised separately. Your account is with one specific entity, so the protections you receive depend on which one onboards you, not on the group's strongest licence. Overall, the group is supervised by moderate-tier regulators only.
Licence check: Not independently checked. This broker has submitted its details. BrokerBazaar has not yet independently checked them. A company registration or general business licence is not permission to offer regulated brokerage services; only the register entries linked in the table count.
Countries accepted and restricted
FXPrimus states that it accepts clients from International (restrictions not verified). Availability is decided per entity and can change without notice; residents of jurisdictions such as the USA, and often the EU and UK, are frequently excluded from offshore entities.
Trading products, platforms and account types
Instruments: Forex CFDs (Major, Minor, Exotic currency pairs), Index CFDs, Commodity CFDs (Gold, Silver, Crude Oil, Natural Gas), Share CFDs (US, UK, EU Equities), Cryptocurrency CFDs. Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), MT4 WebTrader, MT5 WebTrader, MT4 Mobile (iOS / Android), MT5 Mobile (iOS / Android), WebTrader. Account types: Primus Classic Account, Primus Pro Account, Primus Zero Account, Primus Cent Account, Islamic Swap-Free Account, Demo Account.
Best-for tags assigned by our team: Forex Trading, CFD Trading, MetaTrader 4, MetaTrader 5, Expert Advisors (EAs), Raw Spreads, Scalping, High Leverage, Multi-Regulated.
Minimum deposit, spreads, commissions and other charges
The minimum deposit is $15. Spreads start from From 0.0 pips and commission is None (standard) · $0 (raw). Maximum leverage is 1:1000, subject to the cap of the entity that holds your account.
Swap-free / Islamic account: not specified. Swap type: not specified. Headline spreads are usually quoted for the most expensive account tier's cheapest instrument; compare total cost for your typical trade.
Deposits and withdrawals
Deposit methods: Credit Card, Debit Card (Visa / Mastercard), Bank Wire Transfer, Neteller, Skrill, Cryptocurrencies (USDT, BTC), Local Bank Transfer. Withdrawal methods: Bank Wire Transfer, Credit / Debit Card, Neteller, Skrill, Cryptocurrencies.
Withdrawal speed and fees are set by the entity and payment provider. Withdrawal delays are the most common complaint category on BrokerBazaar across all brokers; keep identity documents current and withdraw to the same method you deposited with where required by anti-money-laundering rules.
Execution model, negative balance protection and client money
Negative balance protection: Not specified. Scalping allowed: Not specified. Algorithmic trading allowed: Not specified. News trading allowed: Yes. Hedging: not specified.
Client-money rules follow the regulator of the entity that holds your account: FSCA: Client funds should be held separately from company funds. Compensation: No central compensation scheme.
Complaints and dispute process
Formal complaints: complaints@fxprimus.com. Phone: +357 25 262 080. Client complaints are initially addressed by the FXPrimus Compliance and Legal Resolution Department in Limassol, Cyprus. For EU retail clients registered under Primus Global Ltd, unresolved disputes may be escalated directly to the Financial Ombudsman of the Republic of Cyprus or resolved via CySEC alternative dispute mechanisms. EU accounts are covered by the Investor Compensation Fund (ICF), providing statutory compensation up to €20,000 per client in the event of broker default. Accounts registered under international offshore entities (such as Primus Markets INTL Limited in Vanuatu) operate outside European regulatory jurisdiction and are not covered by the Cyprus ICF. All client funds are maintained in segregated bank accounts separated from the company's operational capital.
If the broker does not resolve a complaint, escalate to the ombudsman or regulator of the entity that holds your account. BrokerBazaar's Dispute Support Desk can help you document and escalate a case.
Strengths and limitations
- Strength: Tier-2 CySEC regulation in Europe alongside South African FSCA supervisory oversight
- Strength: Full cross-device support for industry-standard MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms
- Strength: Competitive raw spreads starting from 0.0 pips on Primus Pro and Primus Zero ECN accounts
- Strength: Negative balance protection provided across accounts to safeguard against deficit balances
- Strength: Zero brokerage deposit and withdrawal processing fees on supported standard funding methods
- Limitation: The majority of international retail clients are onboarded under the offshore Vanuatu (VFSC) entity
- Limitation: Does not offer direct trading in cash equities, physical ETFs, or exchange-traded futures
- Limitation: Does not provide proprietary modern trading interfaces, relying strictly on standard MetaTrader suites
- Limitation: Maximum leverage under the European entity is strictly limited to 1:30 pursuant to ESMA mandates
- Limitation: Service is strictly unavailable to residents of the United States, Canada, Japan, and Australia
Who this broker suits, and who it does not
FXPrimus is most relevant to traders looking for: Forex Trading, CFD Trading, MetaTrader 4, MetaTrader 5, Expert Advisors (EAs), Raw Spreads, Scalping, High Leverage, Multi-Regulated.
It is less suitable for anyone who needs a strict-tier regulator in their own country of residence, for residents of restricted jurisdictions, and for beginners who have not yet understood leverage and margin. Nothing on this page is personal financial advice.
FXPrimus change history
Every published fact change, with the previous value and the date it took effect. Each entry says whether the broker made the change itself or our editors checked it against an official source. Regulation and licence claims are always checked by an editor.
No fact changes recorded for FXPrimus yet. Changes appear here as soon as the broker updates its profile or our editors confirm a change.
Frequently asked questions about FXPrimus
Data sources. Broker submission, the regulator registers linked above, Broker website and client agreement (Sept 2025); CySEC entity page, web-archive and domain records, and third-party traffic data. Last register check 2026-10-10. External ratings: Sitejabber 2/5; Trustpilot 4.1/5; Forex Peace Army 2.82/5; TrustFinance 66/100; WikiFX 1.59/10; Gridinsoft 3.8/5.
Commercial disclosure. BrokerBazaar is independent and not owned by any broker. We may receive a referral fee if you open an account with FXPrimus through our links; this never affects scores or verification. How we make money. Trading leveraged products carries a high risk of loss.