FXPRIMUS News

You can find and read the latest news and press releases from all of our partner brokers here.

FXPRIMUS Opens Australian Office & Obtains ASIC Authorised Representative Designation

Wednesday 7th of May 2014

FXPRIMUS announced today they have formed FXPRIMUS Australia Pty Ltd and have subsequently opened an office in Australia. Initially they will be operating as a corporate authorised representative (No. 456992) of HLK Group Pty Ltd which holds the Australian Financial Services License (AFSL 435746.) In addition, FXPRIMUS will be submitting their application for an AFS license.

FXPRIMUS President Terry Thompson said of the latest development, "This is an important event in the growth of FXPRIMUS, in that it adds a significant layer of credibility to our brokerage firm. While we have established presence in other respected jurisdictions, to have the ability to provide our current and future clients with the comfort of knowing we are operating under the jurisdiction of the Australian Securities & Investment Commission (ASIC) is invaluable. Our Asian client base is very important to us, and it's no secret that having an Australian presence and operating under ASIC regulations is held in high regard. Moving in this direction is an obvious progression in maintaining our commitment to customers to conduct our business in a responsible fashion, something we've done since Day 1.

Mr. Thompson continued, "We view this as a two-step process. The first is complete. After performing extensive due diligence on our operations, HLK Group has extended an offer to us to become a corporate authorised representative (CAR). The second step is also in progress, and we are eagerly awaiting AFS license approval in due course."

Commission Free Gold Trading on ECN Premier Accounts

Wednesday 30th of April 2014

If the recent lack of volatility or direction in the foreign exchange market has your trading participation down, FXPRIMUS invite you to start looking at trading Gold with FXPRIMUS. In just last week alone, Gold rallied almost $40 and had daily ranges in excess of $30. In case you weren't aware, FXPRIMUS is quickly emerging as THE place to trade Gold as it offers industry leading low margin of 0.5% on all Gold trading and razor thin spreads as low as 25 cents on their ECN Premier accounts. The low margin means you are able to trade 1.0 lots (100 ounces) for only USD500 and trade up to 100 lots (10,000 ounces) with a single mouse click.

As a special incentive to try trading Gold with FXPRIMUS, they have decided to offer commission free trading on Gold for the entire month of May 2014 for their ECN Premier customers. This means you get to enjoy the tightest spreads available in the market with no added commission.

If you have an ECN Premier account, you don't have to do anything, simply trade gold starting on May 1st and pay no commissions. If you would like to change to ECN Premier spreads you can login to your member area or open an ECN Premier account here.

FXPRIMUS now offering Offshore RMB & Turkish Lira Trading to its customers

Thursday 24th of April 2014

In a constant pursuit towards diversifying its product offering, FXPRIMUS is pleased to announce the addition of Offshore RMB (USD/CNH) and Turkish Lira (USD/TRY) to its Variable and ECN Premier accounts.

CNH is an offshore version of the RMB introduced by the Hong Kong Monetary Authority and People's Republic Bank of China which allows investors outside of mainland China to gain exposure to the RMB. TRY, being the primary currency in Turkey has been in demand in recent months due to the volatility in Syria and concerns about policy of the US Federal Reserve, which leads to attracting money from emerging markets.

As noted, both new currency pairs will be available in Variable & ECN Premier accounts, but not in Fixed spread. If you do not see these pairs listed in your Market Watch, simply right click and select "Show All" and they should appear.

Introducing the new FXPRIMUS Web Trader

Monday 24th of March 2014

FXPRIMUS are pleased to announce the release of their new web trader platform! With the Web Trader, there is no need to download the MetaTrader4 platform to connect to your live or demo account. Instead you can simply and easily access your account using a web browser anywhere with an internet connection. The new web trader offers an array of useful features including customisable charting, an assortment of built-in custom indicators as well as one-click trading and a "close all" feature that enables you to quickly close all open trades on your account with a single click.

FXPRIMUS Offering Increased Leverage of 1:1000

Wednesday 19th of March 2014

Due to popular demand, FXPRIMUS are now pleased to offer leverage of 1:1000 for accounts of USD5,000 (or equivalent) or less. If you have an account that qualifies and you wish to have your leverage increased, please email their support team at support@fxprimus.com. Please allow up to 1 business day for your request to be processed.

Please note that this increase in leverage does not apply to accounts currently in a MAM. In addition, please note that trading using margin carries high potential rewards but also high potential risks that may not be suitable for all investors.

Notice: Oil Expiration on 18 March 2014

Tuesday 18th of March 2014

FXPRIMUS would like to remind you that a new Oil trading symbol will be available on your MT4 platform on 18 March 2014, after this month's Oil contract expires. In your MT4 Market Watch panel, you should note the new month's Oil symbol Oil.K4. If you do not see this instrument in your MT4 Market Watch on 19 March 2014, simply right-click within the MT4 Market Watch and select "Show All."

Please note that monthly Oil expiration takes place one day prior to the expiration of its underlying futures contract at our closing bid/ask price. All open positions on the expiring contract will be closed, all floating profit and loss will be realized and all pending orders will be deleted. No positions will be rolled forward into the new contract.

Please note that you may manually execute trades on the new contract at the open of the next trading session at 01:00 MT4 time.

Get Your Share of USD25,000

Monday 17th of March 2014

Enter the April Trade Bonanza contest and earn your share of USD25,000.

Here's how the April Trade Bonanza Contest works:

1. Register for the contest inside your FXPRIMUS member area and fund your Live account with USD250 or more by 23:59:59 GMT +3 31 March 2014.

2. Trade from 00:00 GMT+3 1 April - 23:59 GMT+3 30 April 2014.

3. FXPRIMUS reward the top ten traders who earn the most by PERCENT GAIN

And don't forget that you can also earn cashback on your trades when you open your FXPRIMUS account through us!

Daylight Savings Time

Thursday 6th of March 2014

This serves as a reminder that Daylight Savings Time (DST) for the US ends on Saturday 8 March 2014.

On 8 March 2014 the FXPRIMUS MT4 platform will switch to GMT +3 until November. For further information on GMT and how it corresponds to your specific location, please visit the following link: http://www.forex-internet.com/forexhours.htm