How to Open a Primex Account in South Africa
A simple step-by-step guide to registering, verifying and funding your Primex account as a South African resident.
Open Primex Account →What you need to open an account
- A valid email address
- Government-issued photo ID for verification (KYC)
- Proof of address for higher deposit/withdrawal limits
How long: Registration takes a few minutes; full KYC verification is typically completed within 24 hours
Eligibility: Available to traders in South Africa aged 18 and over, subject to Primex's terms
Step by step
- Click the ‘Open Account’ button on this page to start your registration.
- Enter your email and create a secure password.
- Complete the registration form with your South African residential details.
- Verify your identity (KYC) — upload a government ID and proof of address.
- Choose your base currency — USD or EUR.
- Fund your account — from $10 by card.
- Open PXTrader in your browser or download MetaTrader 5 and start trading (or practise on the demo first).
Primex funds accounts in USD or EUR by card — there is no ZAR account currency, so South African card deposits are converted by your bank at its own rate.
Before you deposit
It is worth starting with a free demo account to get comfortable with the platform and test your strategy with virtual funds first.
Primex account at a glance
| Detail | Primex |
|---|---|
| Minimum deposit | From $10 (card) |
| Base currencies | USD, EUR |
| Account type | Primex Trading Account — access 100+ markets from one account |
| Platforms | PXTrader, MetaTrader 5, Mobile App |
| Maximum leverage | Up to 1:1000, depending on the instrument |
South African traders fund by card (USD/EUR) — there is no ZAR account currency. Confirm current terms before depositing.