FXPRIMUS Trading Signals - TU Expert review

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Trading signals are one of the best trading options for beginners and for earning passive income. Novice traders can use such signals and earn a profit, while still learning. Brokers can offer various ways of receiving signals. Traders Union analysts have prepared a detailed analysis of FXPRIMUS trading signals. You will learn what kinds of trading signals FXPRIMUS offers and what the conditions for using them are.

Short introduction of FXPRIMUS

FXPrimus is a broker regulated by CySEC (Cyprus Securities and Exchange Commission, 261/14) and the VFSC (Vanuatu Financial Services Commission, 303073). It guarantees the protection of clients' assets with insurance coverage of 5 million euros. The company applies the latest systems, the task of which is to ensure a high level of data protection. Also, the company's activities are regulated by the FSC (Financial Services Commission). The broker provides clients with access to Forex and CFDs. Assets available include 43 currency pairs, four types of precious metals, energies, stocks, and market indexes. The company describes itself as one of the safest and continues to set new data protection standards to this day. FXPrimus has always prioritized security, which has allowed it to take a confident position on large trading platforms.

💰 Account currency: USD, EUR, GBP, SGD and ZAR
🚀 Minimum deposit: Starting at $15
⚖️ Leverage: Up to 1:1000
💱 Spread: From 0.1 pips
🔧 Instruments: Currency pairs, precious metals, petroleum products, indexes, CFDs, cryptocurrencies
💹 Margin Call / Stop Out: 30% / 30%

FXPRIMUS Pros and Cons

👍 Advantages of trading with FXPRIMUS:

the widest range of trading assets;

a trader's funds are insured for up to 5 million euros;

high level of security.

👎 Disadvantages of FXPRIMUS:

support service active 24/5;

very rarely, but there are failures in the platform's operation that require its restart;

What are trading signals?

Trading signals are signals to enter a trade, which the broker provides to traders. They can be based both on fundamental and technical analysis.

A broker can provide signals in several ways:

  • Copy trading.

  • Email alerts.

  • Signals through a blog on the website.

  • Recommendations of a personal manager, etc.

When choosing signals, it is important to take into consideration their profitability, the list of trading instruments, the conditions of their provision – fees, markup, etc.

FXPRIMUS Trading Signals

Information

Traders Union experts examined FXPrimus trading terms for the presence of explicit and hidden fees. The experts concluded that the broker has no hidden fees but charges a deposit fee.

Account type Spread (minimum value) Withdrawal commission
CENT Starting at $15 No
CLASSIC Starting at $15 No
PRO Starting at $3 No
ZERO Starting at $0 No

Conclusion

Based on the results of the analysis, Traders Union analysts have concluded that FXPRIMUS does not have the best conditions for trading signals. The broker offers a limited choice of instruments, for which signals are provided, high fees and there are questions about signal profitability. Therefore, if you are planning to trade signals, it would be a good idea to consider another option.

FAQs

Can I subscribe to several signal providers?

As a rule, brokers allow traders to do that. It is important to subscribe to several providers or newsletters, as it helps diversify the risks.

Is automatic position opening based on signals possible?

Yes, it is what copy trading implies. In this case, all trades are copied automatically to the trader’s platform.

In which form can signals be provided?

Signals can be provided as copy trading, newsletters, alerts, blog articles, etc.

Team that worked on the article

Mikhail Vnuchkov
Author at Traders Union

Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.

Olga Shendetskaya
Author and editor at Traders Union

Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.