ANSWER Primus FX is an unlicensed broker that we advise against trading with, despite the seemingly attractive deals it offers.Primus FX claims to be regulated by the Cyprus Securities and Exchange Commission (CySEC), but our search for it in the CySEC registry disproved its claim. In addition, both the Comisión Nacional del Mercado de Valores (CNMV) and the Italian Companies and Exchange Commission (CONSOB) have issued warnings against Primus FX for providing investment services without authorization. You can acess the warnings by clicking on the links: CNMV warning, CONSOB warning.Regarding your question, our advice is not to deal with the unlicensed broker Primus FX, no matter what kinds of currency pairs it provides. Using an unlicensed broker like Primus FX could lead to significant risks such as fraud and identity theft, which could be financially and personally devastating. To avoid such risks, investors are suggested to use regulated brokers only.
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