FXPrimus — where it wins, where it loses
FXPrimus does not currently take a column outright against this field. It loses on no tier-1 entity. Its cost per ten lots is not confirmed, so it is left out of the cost ordering rather than estimated.
Column by column
The split
Two lists, no averaging. A broker that takes a column outright appears on the left of it; one that gets beaten on a column appears on the right. Nothing is scored into a single number, because a single number hides which side you actually care about.
Wins on
No column where FXPrimus takes the field outright.
Loses on
- no tier-1 entity
Cost per 10 lots is the EUR/USD spread cost of ten round-turn standard lots at the figure above, commission excluded. Where a broker publishes a "from" spread rather than an average, the comparison inherits that limitation — see the unconfirmed list further down.
Licensing
Which entity, which regulator, which number
Tier decides how much weight a licence carries in any safety column. Each row links to the page it was read from.
| Regulator | Number | Jurisdiction | Tier | Entity | Read from |
|---|---|---|---|---|---|
| VFSC Vanuatu | 14595 | Vanuatu | Tier 3 | Primus Markets INTL Ltd | fxprimus.com |
| CySEC | 261/14 | Cyprus | Tier 2 | Primus Global Ltd | cysec.gov.cy |
| FSC Mauritius | Mauritius | Tier 3no longer active | FX Primus Limited | fscmauritius.org |
Checkable
Facts the comparison runs on
On the record
- FXPrimus' legal page states the website is operated by Primus Markets INTL Ltd, registered in Vanuatu under number 014595 and regulated by the VFSC under licence 14595.
- The same page states Primus Global Ltd (HE 337614) is regulated by CySEC under licence number 261/14; the CySEC register lists that licence with a licence date of 22 December 2014.
- Primus Solutions LTD (HE 410155) is named on the legal page as a payment agent acting for the Vanuatu entity, not as a licence holder.
- FXPrimus' own accounts page lists a minimum deposit of $15 for its entry account and $500 for its raw-spread account.
- The Financial Services Commission of Mauritius suspended FX Primus Limited's Investment Dealer (Currency Derivatives Segment) and Investment Dealer (Full Service Dealer excluding Underwriting) licences and its Global Business Licence with immediate effect on 28 May 2015, and gave public notice on 28 March 2016 that the licences had been revoked after its Enforcement Committee found breaches of the Financial Services Act 2007, the Code on the Prevention of Money Laundering and Terrorist Financing and the licensing conditions (https://www.fscmauritius.org/media/1684/public-notice-fxp.pdf).
| Trading since | not verified |
|---|---|
| Base | Port Vila, Vanuatu (operating entity) |
| Minimum to open | $15 |
| Leverage cap | 1:30 (CySEC retail) |
| EUR/USD | not verified |
| Terminals | MT4, MT5, WebTrader |
| Account tiers | Classic, Raw, Variable, Demo |
| Markets | Forex, Indices, Commodities, Shares, Crypto CFDs |
| Record confidence | medium |
| Matchup-ready | no — too many gaps to run a fair head-to-head |
Excluded from the maths
Not verified
Not verified
These fields are not confirmed. They are shown as gaps, not filled in, and they do not feed any column of the matrix:
- founded — 2009 appears only in secondary sources
- spreadEurusd
- segregatedFunds and negativeBalanceProtection
- negative balance protection
Costs less
Who beats FXPrimus on price
Tickmill
$10.00 per 10 lots · wins on headline spread, platform choice
Eightcap
$10.00 per 10 lots · wins on regulatory reach
JustMarkets
$30.00 per 10 lots · wins on headline spread
CMC Markets
$50.00 per 10 lots · wins on headline spread, no minimum deposit, regulatory reach, platform choice
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% and 89% of retail investor accounts lose money. Verify every figure with the broker before opening an account.