FX Primary Forex Broker

Note: FX Primary's official website: https://fxprimary.com is currently inaccessible normally.FX PrimaryReview SummaryFounded2024Registered Country/RegionSaint Vincent and the GrenadinesRegulationNo regulationMarket InstrumentsForex, commodities, indicesDemo Account✅LeverageUp to 1:200EUR/USD SpreadFlaoting around 0.1 pipsTrading PlatformMT4Min Deposit$10Customer SupportEmail: support@fxprimary.comFX Primary Information FX Primary is a newly-established unregulated broker, offering trading in forex, commodities, and indices with leverage up to 1:200 and spread floating around 0.1 pips via the MT4 trading platform. Demo accounts are available and the minimum deposit requirement to open a live account is as low as $10.Pros and ConsPros Cons Tight EUR/USD spreadsInaccessible websiteDemo accountsNo regulationMT4 platformLimited trading assetsLow minimum deposit requirementOnly accept Bitcoin paymentsFew contact channelsIs FX Primary Legit? No. FX Primary has no valid regulations currently. Please be aware of the risk!What Can I Trade on FX Primary?Tradable Instruments Supported Forex ✔Commodities ✔Indices ✔Stocks❌Cryptocurrencies❌Bonds❌Options❌ETFs❌Leverage The broker offers leverage up to 1:200. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.Spread As tested on the demo MT4 account, we learnt that the EUR/USD spread was floating around 0.1 pips, which is much lower than the industry-average 1.5 pips.Trading PlatformTrading PlatformSupported Available Devices Suitable for MT4✔WebBeginnersMT5❌/Experienced tradersDeposit and Withdrawal The broker accepts payments via Bitcoinonly. The withdrawal processing time is between 2 and 5 working days. No minimum withdrawal amount defined and no fees or charges specified.