Extracto:FXPRIMUS was established in 2009, is a registered foreign exchange broker in China, and is not subject to any effective regulation.
General Information & Regulation
FXPRIMUS was established in 2009, is a registered foreign exchange broker in China, and is not subject to any effective regulation.
Market Instruments
FXPRIMUS provides investors with a relatively small variety of tradable assets, only foreign exchange & CFDs.
Minimum Deposit
FXPRIMUS provides investors with ECN accounts, the account minimum deposit of $100, with foreign exchange and CFDs tradable.
Leverage
In terms of trading leverage, the maximum trading leverage is 1:500, allowing scalping and EA trading. Maximum trading leverage of Forex instruments is up to 1: 500, for CFDs up to 1: 100.
Spreads & Commissions
The spread on EUR/USD pair is around 1.7 pips, Crude oil WTI spread around 5 pips, Gold spread around 26 pips, BTCUSD spread around 26 pips, higher than spreads offered by many other brokers.
Deposit & Withdrawal
FXPRIMUS Bailiwick supports traders to deposit via bank wire transfer, credit card, MoneyBookers, Click and Buy, CASHU these methods. Withdrawal methods support bank wire transfers, MoneyBookers, and Payoneer. FXPRIMUS promises that withdraw funds won't be charged any fee.
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