- What is PrimeXBT?
- PrimeXBT Pros and Cons
- Regulation and Security Measures
- Account Types and Benefits
- Cost Structure and Fees
- Trading Platforms and Tools
- Trading Instruments
- Deposit and Withdrawal Options
- Customer Support and Responsiveness
- Research and Education
- Portfolio and Investment Opportunities
- Account Opening
- Additional Tools And Features
- PrimeXBT Compared to Other Brokers
- Full Review of Broker PrimeXBT
Overall Rating 4.4
Regulation and Security | 4.3 / 5 |
Account Types and Benefits | 4.4 / 5 |
Cost Structure and Fees | 4.3 / 5 |
Trading Platforms and Tools | 4.5 / 5 |
Trading Instruments | 4.3 / 5 |
Deposit and Withdrawal Options | 4.5 / 5 |
Customer Support and Responsiveness | 4.5 / 5 |
Research and Education | 4.4 / 5 |
Portfolio and Investment Opportunities | 4.2 / 5 |
Account opening | 4.5 / 5 |
Additional Tools and Features | 4 / 5 |
What is PrimeXBT?
PrimeXBT has been providing financial services since 2018, serving as a Forex and CFD trading broker, with access to Crypto Futures. Forex, Crypto, commodities, indices, and stocks.
Headquartered in Seychelles, the broker holds additional licenses in South Africa and Saint Vincent and the Grenadines. The present FSCA regulation makes the broker a reliable and safe choice, strengthening its presence in the market.
The company provides a favorable trading environment with easy access to the market through the popular MT5 platform and its proprietary PXTrader. Mobile traders can also enjoy the PrimeXBT mobile app on the go. As we found, PrimeXBT’s trading fees are tight and competitive, depending on the instrument traded. Besides, clients gain access to high leverage, as high as 1:1000, based on the entity and the instrument.
Beginner traders who prioritize research and learning resources have access to educational articles, a Forex glossary, and various research features, including an economic calendar, currency converters, and more.

PrimeXBT Pros and Cons
As we found, PrimeXBT is a regulated broker with a license from the well-regarded FSCA. The broker offers platform-based accounts with an easy account opening process. Clients can also benefit from the demo option to practice their skills before switching to the live mode.
The available platforms are equipped with innovative features and advanced technology, ensuring quick execution of trades and profitable outcomes. PrimeXBT offers over 100 tradable products across multiple markets. Another advantage of PrimeXBT is the 24/7 customer support through various channels.
One negative aspect is that the broker primarily offers CFD-based products, which limits opportunities for traditional investors.
Advantages | Disadvantages |
---|
Regulation in South Africa | Conditions may vary in particular entities |
Competitive trading costs and spreads | Past regulatory issues |
MT5 platform and proprietary software | Limited trading products |
Fast account opening and free Demo account | |
Fixed prices based on the instrument | |
24/7 customer support through multiple channels | |
Good research and educational resources | |
PrimeXBT Features
PrimeXBT is a tightly regulated broker with a license from the South African FSCA. As we tested the broker, we found that it includes favorable trading conditions, with advanced features to support its global community of traders in over 150 countries. The main aspects of trading with PrimeXBT are listed below for a quick overview:
PrimeXBT Features in 10 Points
🗺️ Regulation | FSCA, FSA, FSC |
🗺️ Account Types | MT5 Pro, MT5 Standard, PXTrader Regular account, VIP 1 and VIP 2 |
🖥 Trading Platforms | MT5, PXTrader, PrimeXBT app |
📉 Trading Instruments | Crypto Futures. Forex, crypto, commodities, indices, stocks |
💳 Minimum deposit | $10 |
💰 Average EUR/USD Spread | 1.2 pips |
🎮 Demo Account | Available |
💰 Account Base currencies | Various currencies available |
📚 Trading Education | Provided |
☎ Customer Support | 24/7 |
Who is PrimeXBT For?
PrimeXBT is a reliable trading provider that meets the expectations of diverse traders, from novice traders just exploring Forex to advanced experts seeking cutting-edge tools and competitive pricing. As we have revealed, PrimeXBT is especially Good for the following:
- Novice traders
- Professionals
- Traders from South Africa
- International traders
- Traders who favor the MT5 platform
- Currency and CFD trading
- Cryptocurrency traders
- Clients looking for a variety of trading strategies
- Competitive trading conditions
- Copy traders
- Clients looking for 24/7 customer support
PrimeXBT Summary
To summarize, PrimeXBT is a trustworthy Forex broker with a strong emphasis on cryptocurrency trading. The broker has established itself as a reliable choice, especially for traders from the South African region. PrimeXBT clients gain access to competitive fees, supported by the recognized MT5 platform and PrimeXBT’s proprietary platform and mobile app. Clients can also benefit from copy trading, expanding their investment opportunities. However, we found that PrimeXBT offers a limited range of instruments (over 100), based on CFDs.
For beginner traders, the broker offers educational resources to enhance their knowledge and understanding of the market. Clients can also access the economic calendar, a currency converter, price charts, and more.
Even though we find PrimeXBT a safe option for traders of all levels, we highly recommend conducting thorough research to assess whether the broker meets their trading needs. Besides, as the broker operates under various entities, there might be variations in conditions across jurisdictions.
55Brokers Professional Insights
PrimeXBT is quite a good choice now as a Broker with a strong presence in South Africa, offering traders security and competitive conditions that might be a match for various types of traders. Through the years, the broker has considerably strengthened not only its regulatory standards by gaining a license from the well-respected FSCA while before operated also international branch, but has also improved its proposal.
One of PrimeXBT’s key advantages and what we admit is its diverse platforms, with advanced features and tools, and specifically tailored accounts based on the platform you select, providing good benefits to adjust your trading style. The spreads and overall trading fees are competitive. The leverage is defined based on the entity and instrument, so good to verify this before start, alike global clients gain access to up to 1:2000 leverage for the MT5 Pro account and SA trade is with lower levels.
Nevertheless, there are still a few drawbacks, including the slightly limited educational resources for beginners. While the broker offers learning materials, the section does not include webinars, seminars, or intensive video courses.
Consider Trading with PrimeXBT If:
PrimeXBT is an excellent Broker for: | - Clients from South Africa
-Advanced traders looking for high leverage
- MT5 enthusiasts
- Crypto-focused traders
- Copy traders
- Forex and CFD traders
- Traders looking for ultra-tight spreads
- Clients favoring 24/7 customer support |
Avoid Trading with PrimeXBT If:
PrimeXBT is not the best for: | - Beginner traders looking for extensive educational materials
- Traditional investors
- Clients looking for top-tier regulations
- Long-term investors
- Who prefer the MT4 platform |
Regulation and Security Measures
Score – 4.3/5
PrimeXBT Regulatory Overview
Our research on PrimeXBT security and compliance with regulatory standards revealed operations under the oversight of the well-respected Financial Sector Conduct Authority in South Africa. The oversight in South Africa makes the broker a reliable choice in the region, ensuring adherence to local financial laws and improvement of investor protection.
The broker also operates under the Financial Services Commission of Mauritius (FSC) and the Financial Services Authority in Seychelles (FSA). Due to these licenses, PrimeXBT operates internationally, serving clients from over 150 countries.
- Yet, PrimeXBT has obtained its FSCA license quite recently. In the past, it was considered offshore and faced warnings from multiple financial authorities due to the lack of financial oversight. At present, PrimeXBT follows strict regulatory guidelines and is a safe trading choice.
How Safe is Trading with PrimeXBT?
PrimeXBT takes a few safety measures to protect its clients in various challenging circumstances. As a member of the Financial Commission, the broker safeguards its clients’ investments and offers up to $20,000 per client in the event of insolvency.
- Besides, the website traffic is encrypted with a Secure Sockets Layer, ensuring data safety.
- The broker also ensures negative balance protection, preventing clients from losing more than they have invested.
- PrimeXBT also keeps its clients’ funds in segregated accounts to prevent the risk of investment misuse.
Consistency and Clarity
We explored PrimeXBT’s offerings and found that in the past, we had listed the broker on our unregulated list of brokers. At present, in addition to the offshore licenses, PrimeXBT operates under the FSCA in South Africa and follows strict regulatory laws and guidelines.
We have also reviewed clients’ feedback, and most clients are satisfied with the broker’s services, pointing out the advanced features and tools, high technology, competitive pricing, and overall trustworthy environment.
Alongside its regulatory improvement, the broker has strengthened its proposal by expanding the range of instruments and including additional capabilities. The only stipulation is to consider the differences between the entities and check the conditions carefully.

Account Types and Benefits
Score – 4.4/5
Which Account Types Are Available with PrimeXBT?
Based on our findings, PrimeXBT offers three main account types. The accounts are based on the broker’s platforms. For the MT5 platform, the broker has tailored the MT5 Standard and MT5 Pro accounts. For its proprietary PXTrader, it offers VIP tiers. Each account has different conditions and serves different trading needs.
- The MT5 Standard account is suitable for both beginner and intermediate traders. The spreads for this account type are floating, slightly wider than the spreads for the MT5 Pro account. Clients can access leverage of up to 1:1000 based on the instrument. With the Standard account, clients can trade the full range of the broker’s instruments.
- The MT5 Pro account is tailored for professional traders, with spreads as low as 0.5 pips. The account enables such strategies as scalping and intraday trading. The leverage can be as high as 1:2000 for Forex major pairs.
- For its proprietary PXTrader platform, PrimeXBT offers a Regular account and VIP tiers, VIP 1 and VIP 2, based on trading volume thresholds. The tiers are applied for 30 days and provide substantial fee discounts.

Regions Where PrimeXBT is Restricted
PrimeXBT services are restricted in certain regions due to regulatory and compliance reasons. The broker does not provide trading services in the following countries:
- The USA
- The United Kingdom
- Canada
- Iran
- North Korea
- Russia
- Countries from the European Economic Area

Cost Structure and Fees
Score – 4.3/5
PrimeXBT Brokerage Fees
PrimeXBT fees depend on different factors, including the trading platform, account type, instrument, and the entity under which the account is opened.
PrimeXBT applies tight spreads for its MT5 Standard and MT5 Pro accounts. Spreads for the MT5 Pro account are tighter (0.5 pips on average). For the Standard accounts, spreads can be wider (about 1.2 pips). For the MT5 Standard and Pro accounts, there are no commissions, and all the fees are integrated into spreads. For the Crypto CFDs, there is also an addotional 0.05% taker fee. There are also no commissions applied for Forex, Commodities, Indices, and Stock CFDs when traded through PXTrader.
However, as we have found, there are certain commissions through the broker’s PXTrader. The broker applies 0.045% for Crypto CFDs for the Regular account, 0.03% for VIP 1, and 0.015% for VIP 2, respectively.
How Competitive Are PrimeXBT Fees?
PrimeXBT offers a competitive fee structure, making the broker an appealing choice for various traders. Forex and CFD traders will find the broker’s offering particularly beneficial, as all the costs for those products are integrated into tight spreads. The broker applies fixed commissions for Crypto CFDs and Crypto Futures.
While the MT5 Standard Account is well-suited for beginner and intermediate traders due to its simplicity and low costs, the MT5 Pro account offers tighter spreads and more competitive conditions. All in all, the broker’s fee structure and applied fees are clear and transparent, allowing clients to calculate the applicable costs before placing trades.
Asset/ Pair | PrimeXBT Spreads | AAAFx Spreads | Eurotrader Spreads |
---|
EUR USD Spread | 1.2 pips | 0.3 pips | 1 pips |
Crude Oil WTI Spread | 20 points | 30 pips | 0.030 |
Gold Spread | 65.71 | 23 pips | 0.35 |
PrimeXBT Additional Fees
PrimeXBT charges fees for the positions held open overnight. The long swaps for the EUR/USD pair are -0.0093%, and the short one is 0.0039%.
- As we found out about the broker’s deposit and withdrawal fees, there are mostly no fees applied from the broker’s side. There are only small fees charged for withdrawals for crypto funding.
- At last, the broker might charge an inactivity fee for the accounts that remain dormant for an extended period.
Score – 4.5/5
Our research revealed that PrimeXBT offers powerful platforms with advanced technology and innovative capabilities. Clients can conduct their trades through the new version of the MetaTrader software, MT5 platform, and the broker’s web-based proprietary platform, PXtrader. Mobile traders can also take advantage of the PrimeXBT App, designed for Android and iOS.
Platforms | PrimeXBT Platforms | Eurotrader Platforms | AAAFx Platforms |
---|
MT4 | No | Yes | Yes |
MT5 | Yes | Yes | Yes |
cTrader | No | No | No |
Own Platform | Yes | No | No |
Mobile Platform | Yes | Yes | Yes |
PrimeXBT Web Platform
PrimeXBT offers its clients its proprietary web platform. The availability of WebTrader eliminates the need for downloads and installations. Besides, as our testing has revealed, the broker’s web platform is a unique, fully customizable, easy-to-use solution. The web platform enables its users to trade directly in the browser, with no downloads or installations needed.
Traders have access to extensive analytical tools, including charts and expert tools, and can enjoy ultra-fast execution.
PrimeXBT Desktop MetaTrader 5 Platform
The MT5 platform delivers a robust environment with improved features suitable for beginners to professional traders. The platform is fully equipped with advanced and innovative features, including advanced charts, multiple timeframes, and an extended range of technical indicators for in-depth market analysis.
The platform supports multi-asset access, ultra-fast execution, one-click trading, SL/TP tools, and multi-chart layouts. Clients can benefit from over 80 built-in indicators, custom scripts, and Expert Advisor (EA). The platform is available through Windows, macOS, Android, and iOS.
Main Insights from Testing
Testing the broker’s proprietary platform and the powerful MT5 platform, we conclude that PrimeXBT puts a strong emphasis on execution speed, easy-to-use interface, and a wide range of advanced features.
The inclusion of advanced charts and indicators ensures in-depth analysis and the ability to make informed decisions. The only downside about the broker’s platform offering is the lack of the MT4 platform, which many traders might see as a disadvantage. Overall, our experience with the broker was positive.
PrimeXBT Crypto Futures
PrimeXBT’s Crypto Futures platform offers access across top crypto pairs. The platform is excellent for high-volatility trading and hedging. The platform supports multi-currency accounts, including BTC, ETH, USDT, USDC, and USD. An important notice for global traders is that the USD-denominated Crypto Futures accounts are not available currently.
The platform ensures deep liquidity, seamless execution, and low slippage, even when the market is volatile. Besides, the platform includes essential risk tools, such as a liquidation calculator and SL/TP on the hedge mode. Traders can use up to 1:200 leverage on BTC and ETH pairs.
PrimeXBT MobileTrader App
PrimeXBT provides its clients with the opportunity to trade on the go, offering its proprietary PrimeXBT mobile app. The mobile platform delivers all the essential capabilities for efficient trading. It is a multi-asset platform available for iOS and Android.
Clients can trade CFDs on Crypto, Forex, and more, with access to real-time market data. The broker’s mobile app is easy to use, with simple yet powerful characteristics, enabling clients to analyse the markets closely with powerful charting.
AI Trading
In the traditional sense, PrimeXBT does not support a built-in AI trading. The broker also does not support API-based integration. Traders looking for AI features should look for other brokers that include such capabilities.

Trading Instruments
Score – 4.3/5
What Can You Trade on the PrimeXBT Platform?
PrimeXBT offers a range of tradable products across multiple financial assets. The broker’s instrument availability depends largely on the platform traders choose.
As we have found, the broker places a special emphasis on cryptocurrency trading, offering a dedicated platform for this purpose. The available cryptos include Bitcoin, Ethereum, and all the major altcoins.
PrimeXBT is also a favorable choice for currency trading, offering an attractive number of major, minor, and exotic pairs with competitive pricing and beneficial conditions.
Main Insights from Exploring PrimeXBT Tradable Assets
Our testing of PrimeXBT’s tradable assets shows an attractive proposal suitable for different traders. Although the range of instruments is not very extensive, the broker still offers the most essential products, paired with low trading costs and transparency. The overall number of instruments is 100, yet clients can still diversify their trading, especially Forex and Crypto traders.
Clients can also access the most demanded commodities, global indices, and shares.
- However, we urge traders to pay attention to the differences in trading conditions from entity to entity. Another point to consider is the availability of CFD-based products only. It limits the opportunities for traditional investments and asset ownership.

Leverage Options at PrimeXBT
Leverage is an essential tool allowing traders to enter the market with small investments and gain substantial profits; yet, without a clear understanding of how leverage works, it might go against its user.
We have carefully researched PrimeXBT’s leverage offering to find that, first of all, it depends on the entity. However, there are other determining factors as well, as the instrument traded, account type, platform, etc.
- Under its FSCA regulation, clients can access leverage of up to 1:500. But again, the leverage ratio depends on the instrument traded and the account type.
- Professional traders can access higher leverage of up to 1:2000 for the Forex majors on the MT5 Pro account.
Deposit and Withdrawal Options
Score – 4.5/5
Deposit Options at PrimeXBT
PrimeXBT offers more than 100 flexible funding methods for fast and effortless deposits. Based on our findings, the broker does not apply any deposit fees. The deposits are quick and are mostly processed instantly.
Despite the impressive number of funding methods, it is essential to remember that their availability depends on jurisdiction. Here are some of the main funding options the broker supports:
- Crypto funding
- Credit/Debit cards
- Bank transfer
- Neteller
- Skrill
- Apple/Google Pay
- Volet
- Binance Pay
- Pakistan Local Bank
- JazzCash
- UPI
- EasyPaisa
- IMPS
- Argentinian Local Payments
Minimum Deposit
The broker does not have a minimum deposit requirement. The minimum funding requirement varies by payment method and currency; However, it must be higher than any associated transaction fees.
Withdrawal Options at PrimeXBT
As our tests have revealed, the broker’s withdrawals are typically instant and processed after a risk and fraud check. Sometimes, due to more meticulous checking, there might be a delay of up to 24 hours.
As we have found, for some methods, there are no withdrawal fees, yet for most methods, free withdrawals are allowed only once a day.
- For crypto withdrawals, the broker charges a flat 0.00005 BTC transaction fee.
- For each method, the broker determines a certain free withdrawal amount. Clients who withdraw more than the specified amount will be charged additional withdrawal processing fees.

Customer Support and Responsiveness
Score – 4.5/5
Testing PrimeXBT Customer Support
PrimeXBT offers multilingual 24/7 customer support through various channels, including live chat and email. Additionally, PrimeXBT includes an extensive help center, guiding its clients in their trading journey.
- We found the broker’s support agents knowledgeable and responsive, eager to resolve questions and issues promptly.
- High-volume and VIP clients are eligible for direct account manager support. Localised support may also be available in regions such as South Africa.
Contacts PrimeXBT
PrimeXBT’s Customer support team assists its clients in various languages, including English, Vietnamese, Portuguese, Russian, and Spanish. For more languages, the broker employs Lokalise and Intercom translation tools, which lead to effective communication.
Clients are free to choose one of the methods for communication from the channels below.
- The 24/7 Live chat is a fast and practical solution for any issue. Those clients who value efficient support will likely choose live chat as a means of communication with the support team.
- Clients can also reach the support team via the provided email: support@help.primexbt.com.
- Clients can also find help through Telegram and Line.
- PrimeXBT is also active on various social platforms, providing the latest market and company updates through LinkedIn, YouTube, Facebook, IG, Reffit, X, TikTok, and Discord.

Research and Education
Score – 4.4/5
Research Tools PrimeXBT
PrimeXBT offers comprehensive research and education sections. In addition to the research tools included in the broker’s advanced and powerful platforms, clients can also access a few helpful research resources:
- The Economic Calendar is a useful tool to plan around major events and stay informed about the upcoming significant changes.
- The Market Research section covers technical, fundamental, and sentiment analysis, enabling traders to make informed decisions.
- The Price Charts PrimeXBT offers are excellent for real-time market tracking.
- Clients also gain access to Crypto and FX currency converters with real-time and accurate rates.

Education
Our research of the broker’s educational materials revealed that PrimeXBT suggests a comprehensive range of educational resources for traders at every experience level. The Education section on the broker’s official website offers educational tools and insights to support confident trading.
- The available educational articles offer a step-by-step manual to embark on Forex trading with sufficient knowledge and understanding.
- The broker also includes a Trading Glossary, which we find especially helpful for novice traders who are often confused by complicated market language.
- The educational content is often updated, providing clients with the latest insights. Besides, the broker often organizes seminars, webinars, and other educational events with the purpose of enhancing its clients’ overall market understanding and proficiency.
Is PrimeXBT a Good Broker for Beginners?
Our research of different aspects of PrimeXBT revealed that the broker is an excellent choice not only for beginners, but also for more advanced clients. The broker offers very tight spreads and overall competitive pricing for most of its instruments, making it a suitable option for cost-conscious traders. Besides, PrimeXBT does not have a strict minimum deposit requirement; thus, clients can start with small investments. In addition, the education and research sections are quite good, with helpful articles, market analysis, and an economic calendar. These materials ensure deep market insight and understanding.
Again, the broker’s innovative and various platform choices and platform-based account types enable traders to engage in trading with a good start. The demo account is another advantage for novice traders to practice and gain skills before moving to live trading.
Portfolio and Investment Opportunities
Score – 4.2 /5
Investment Options PrimeXBT
As we researched the broker’s tradable products and availability across various markets, we found that clients can access over 100 instruments in total. Although this number of products does not provide a very extensive diversification, PrimeXBT’s primary focus is on crypto trading and currency pairs.
Besides, the available products are strictly on CFDs, which means the offering is not suitable for traditional investors and long-term traders.
However, PrimeXBT supports an alternative investment option via copy trading.
Account Opening
Score – 4.5/5
How to Open a PrimeXBT Demo Account?
Opening a demo account is an excellent opportunity for traders to practice and gain the necessary market skills before immersing into live trading. Opening a demo account with PrimeXBT will take only a few minutes.
Here are the steps to follow:
- Go to the official website and click on the “Register” button.
- Fill out the registration form with your name, email, and create a password.
- Verify your email.
- Receive the account credentials through email and log in to the created account.
- Inside the dashboard, switch into demo mode.
- Start practicing.

How to Open a PrimeXBT Live Account?
To open a live account with PrimeXBT is easy and requires only a few easy steps for a quick start:
- Go to the broker’s official website.
- Click on the “Open a free account” button.
- Enter your email address and create a secure password.
- Receive the verification email and activate your account.
- Access your live account by using the email and the password you created.
- Deposit funds and start trading.
- Later, you will be asked for KYC, especially to process higher withdrawals.
Score – 4/5
In addition to the provided research tools and features, PrimeXBT offers several extra opportunities to improve its clients’ experience.
- Through the Refer a friend feature, clients earn a 20% commission on the trading activity of the clients they referred. To start, traders need to share the referral link with their friends.
- Traders also have unique opportunities to take advantage of various bonuses and rewards by engaging in different tasks and completing them.

PrimeXBT Compared to Other Brokers
PrimeXBT stands out among its competitors for the various advantages it offers. We have conducted a thorough comparison to find how the broker stands out among others.
The broker offers competitive fees and low commission rates, making it an even more favorable choice than Xtrade or Forex.com.
When it comes to trading platforms, PrimeXBT provides its own PXTrader Web Platform and the advanced MT5, allowing customization options and fast execution. Mobile traders can also enjoy the broker’s PrimeXBT app on the go. On the other hand, OneRoyal only offers the popular MT4/MT5 platforms.
In terms of regulation, PrimeXBT is well-regulated across multiple jurisdictions, including the FSCA license in South Africa, which ensures the security and protection of its clients. However, Forex.com and OANDA hold licenses from top-tier authorities, providing an additional layer of security. PrimeXBT also offers good educational resources to help traders at all levels, although Forex.com stands out for its better educational resources.
At last, PrimeXBT does not have a minimum deposit requirement, which makes the broker a favorable choice for cost-conscious traders. On the contrary, to open an account with Xtrade, traders are required to make a $250 initial deposit.
Parameter |
PrimeXBT |
CMC Markets |
Forex.com |
OANDA |
OneRoyal |
Xtrade |
AAAFx |
Spread-Based Account |
Average 1.2 pips |
Average 0.5 pips |
Average 1.3 pips |
Average 1 pip |
Average 1 pip |
Average 2 pips |
Average 0.3 pips |
Commission-Based Account |
0.0 pips + 0.045% for Crypto CFDs |
0.0 pips + $2.50 |
0.0 pips + $5 |
0.1 pips + $5 commission per 100,000 traded |
0.0 pips + $3.50 |
No commissions, based on fixed spreads |
0.0 pips +$2.50 |
Fees Ranking |
Low/ Average |
Low/ Average |
Average |
Low/ Average |
Average |
Average |
Average |
Trading Platforms |
MT5, PXTrader, PrimeXBT app |
CMC Markets Next Generation Web Platform, MT4 |
MT4, MT5, Forex.com Web Trader, TradingView |
OANDA Web Platform, MT4, MT5, TradingView, fxTrade |
MT4, MT5 |
Xtrade WebTrader |
MT4, MT5, ZuluTrade |
Asset Variety |
100+ instruments |
12,000+ instruments |
6000+ instruments |
100+ instruments |
2,000+ instruments |
1,000+ instruments |
200+ instruments |
Regulation |
FSCA, FSA, FSC |
FCA, ASIC, BaFin, IIROC, FMA, MAS |
FCA, NFA, IIROC, ASIC, CySEC, JFSA, MAS, CIMA |
CFTC, NFA, FCA, ASIC, IIROC, MFSA, MAS, FFAJ, BVI FSC |
ASIC, CySEC, VFSC, FSA, CMA |
FSC, FSCA |
FSCA, HCMC |
Customer Support |
24/7 |
24/5 |
24/5 |
24/5 |
24/5 |
24/5 |
24/5 |
Educational Resources |
Good |
Good |
Excellent |
Good |
Good |
Good |
Limited |
Minimum Deposit |
$0 |
$0 |
$100 |
$0 |
$50 |
$250 |
$100 |
Full Review of Broker PrimeXBT
In conclusion, PrimeXBT is a global multi-asset broker offering access across multiple financial markets, including Crypto Futures, Forex, Commodities, Indices, and Stock and Crypto CFDs. The trades are conducted through advanced platforms, including PXTrader and MetaTrader 5 (MT5). Clients who prefer trading on the go will benefit from the broker’s advanced and easy-to-use application.
PrimeXBT puts focus on performance and security, serving clients in over 150 countries. The broker combines crypto and fiat funding options to support a range of trading strategies.
The broker holds a serious license from the FSCA in South Africa, complying with stringent laws and guidelines. Clients are protected through a compensation scheme, negative balance protection, and other safety measures. Besides, PrimeXBT operates through several international entities to serve clients worldwide.
Besides, based on the entity and account type, clients can use up to 1:2000 leverage for Forex majors. Another advantage we found about the broker is the multilingual 24/7 support it provides through multiple channels, assisting clients at all times.
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PrimeXBT is really one of the best, or at least, best-designed examples of how the broker integrates CFD&FX trading with crypto trading and related services… I like their approach to bonuses and how they encourage you with little rewards here and there for doing small tasks. For example, you make a first trade and you get a virtual reward.
ROFl, they still think that only FCA and ASIC are indicators of legitimacy of the broker in 2024.😅
don’t see how this is a review, and why the 0/10 score lol. To me, Primexbt is by far better then regular brokers, CySEC regulation does what exactly? Give me a break.
Is the copy trading feature very effective for those on PrimeXBT crypto trading?
With its rating of “gainers” and “losers”, Primexbt got me buzzing. My performance could’ve been better or worse. Overall, the broker gives a lot of tools to keep you running.
There is nothing wrong with an offshore licence… just saying
This broker is a legit platform that is regulated and well licensed. The cost of trading on PrimeXBT is affordable and very beginner friendly.
Trading with Primexbt futures of top cryptos is like a different level alltogether… There is basically 0 fees. So even if there’s just 1% profit, a trade is always worth it to take.
I would be a liar if I say that there is nothing complicated about trading PrimeXBT crypto futures but it is worth it to learn how to trade these assets and the profitability is really insane…🤯🤯
As a crypto platform, Primexbt is pretty safe to trade on.Just as reiliable as other CEXs.
Prime XBT always develops their services, for instance, recently they had a terrible user interface on the website and then they updated to a modern and beautiful design.
Their proprietary trading platform is also cutting edge and it is noticeable that the company invested a lot of money to create their own platform.
I didn’t know they had design changes
I was sure that they always had such a high-quality platform
I must disagree with the conclusion of this PrimeXBT review.
The review is objective and has highlighted all the positive aspects of this platform.
However, saying this is not a safe broker due to their off-shore regulation is unfair. For many traders around the world trading with a broker with off-shore regulation is the only option, even if they choose a tier 1 broker.
You’re absolutely right! Offshore regulation is not a disadvantage for any of the traders.
In addition, initially cryptocurrencies and crypto trading were created to have no regulation 😀
PrimeXBT crypto trading conditions are great… I know that this is a platform that gives you the opportunity to trade traditional instruments as well, but for me, the opportunity to trade Bitcoin and other cryptos with a leverage of 100x is the main reason that brought me here. Plus, the spreads are pretty tight, much better than any other broker I have checked so far.
I wouldn’t say this is the most objective and honest review of PrimeXBT. Maybe the mistake is that you have reviewed them in the standard frameworks.
PrimeXBT is everything but a standard broker!
Reviewing PrimeXBT in the standard frameworks for review brokerage companies is wrong. This is the first broker that give us excellent trading terms for digital and traditional assets.
Seems to be quite a biased opinion on the Primexbt broker.
I know that regulation prevails in majority of cases, but speaking about this platform, I should say that this company has a lot of reviews from people.
And actually that was something that made me try them in the first place. And y’all know what, guys, I ain’t regret my decision. Trading cryptos here is full of pleasure.
LOL, i’ve traded with like 5 brokers registered off-shore. They are just doing it cos its easier.
Look at what these guys wrote about FTX, or Celcius xD They had ALL the regulations, wow so safe.
They offer the best trading conditions. I like that there is a high leverage. Technical support answers my questions quickly and is available 24/7. I recommend everyone start trading here…
I have not seen any like it so far. I have used the platform for some time and I have not seen anything to discredit. So yeah, I do not really agree with the article. Have you traded crypto futures?
I have, at many crypto platforms and exchanges. And so far Primexbt aligns my trading goals the best.
Maybe because I liek to switch the markets from time to time. Not just stick to cryptos.
From reading the primexbt reviews online, I have come to understand some of the features and services they offer regarding the crypto futures on the platform, but I am not very well versed. The platform has not had any issues with safety, provides a lot of uniques trading opportunities that brokers do not offer… and a lot more. So I do not get why this author says the company is not good.
Can someone who has used the platform clarify?
Just safely disregard his remark, he probaly lost some money trading:)
PrimeXBT is great !
They are liars, my friend! The trading platform is lit af! You can believe me!
Yeah bro, I liked the platform too.
I think it’s easy to use and has a cool design.
And it’s not just for aesthetics, but to be able to use more user-friendly platform.
What are the advantages of PrimeXBT for its users?
The main one is trading crypto with leverage.
The second one is the extensive market range.
Trading daily with PrimeXBT. A widgets-rich trading platform is straightforward to use. All the necessary widgets are well-positioned, making it intuitive to navigate. The main windows to me are account balance, charting window, and order details. These are all well structured.
Cant disagree with you.Broker knows what traders want as platform fully alligns with customers needs
The primeXBT reviews I have read really do not shy away from mentioning the crypto futures and the margin trading conditions as well. The maximum leverage for trading other CFDs on the platform is quite high as well, and it should also be mentioned more.
But I most especially appreciate the trading terminal itself. It is so modern and easy to use. I like the way that I can switch between tabs. Really smart design.
Yeah bro, I liked the platform too.
I think it’s easy to use and has a cool design.
And it’s not just for aesthetics, but to be able to use more user-friendly platform.
does anyone have an expereince with PrimeXBT’s Copy Trading feature? would you recommend?
I tried copy trading here and can call such trading profitability
you dont need a lot of words to describe the action on primexbt, its simply top notch =)
From the customizable layout of the platform which I truly enjoy, to negligible taker/maker fees to carry out deals in crypto futures; this platform brings the future to you!
PrimeXBT’s seamless trading experience, combined with its competitive leverage, has made it an essential part of my trading routine.
I have had a positive experience with PrimeXBT. The platform’s security and diverse range of assets are impressive.
PrimeXBT has simplified my crypto trading journey. The user-friendly interface and leverage options are fantastic.
PrimeXBT’s platform is designed for serious traders. The advanced tools and responsive customer support make it a standout.
I’ve been able to achieve my financial goals through PrimeXBT. The platform’s features and support have been invaluable.
PrimeXBT’s interface is sleek and the trading options are extensive. It’s a great platform for both new and experienced traders.
I’ve found PrimeXBT to be a reliable platform for trading cryptocurrencies. The security measures are top-notch.
PrimeXBT provides a seamless experience for crypto trading. The leverage has helped me amplify my gains significantly.
PrimeXBT’s platform is user-friendly and the variety of trading options is impressive. It’s a must-try for any serious trader.
PrimeXBT is my preferred platform for trading crypto. The leverage they offer opens up exciting opportunities.
I trust PrimeXBT for all my crypto trades. The platform’s reliability and customer support are unmatched.
PrimeXBT offers a secure trading environment with a range of features that cater to both beginners and experienced traders.
Trading on PrimeXBT has been a profitable journey. The leverage options, coupled with their intuitive platform, make it a top choice.
PrimeXBT combines sleek design with powerful functionality. It’s become an integral part of my trading strategy.
As a professional trader, I appreciate PrimeXBT’s professional-grade tools and the wide array of crypto assets available.
Security and simplicity matter to me. PrimeXBT provides both, along with a diverse range of trading pairs. Highly recommended!
PrimeXBT offers a seamless experience for trading cryptocurrencies. The leverage opportunities have allowed me to maximize my returns.
I’ve been trading on PrimeXBT for years and it’s been a game-changer. The platform’s reliability and advanced features make it exceptional.
PrimeXBT is my go-to platform for crypto trading. The variety of assets, leverage options, and user-friendly interface make it stand out.
Technical analysis has never been so easy. With free access to over 50 indicators, different chart types, and other tools, it’s easier to research different assets with PrimeXBT.
I cannot think of ANY disadvantages when talking about PrimeXBT. For me, it’s a perfect and super-customizable cryptocurrency trading platform!
Making my first deposit to PrimeXBT was a bit inconvenient because I had to create a BTC wallet. I thought depositing in fiat currency would be easier.
Sharing your crypto trading strategy through Covesting from PrimeXBT is quite a good source of extra income!
Last month I moved to the United States. It was a necessity. That’s why, unfortunately, I won’t be able to trade with PrimeXBT anymore. I really liked my previous experience!
When I was choosing a crypto platform for trading, I paid a lot of attention to legal terms. PrimeXBT appeared to be quite a transparent company so I didn’t hesitate.
Spread slippage is a rare occasion on the PrimeXBT trading platform, but still, nobody can be 100% protected against extreme crypto volatility.
I think this platform lacks the diversity of account types. This small improvement would make it more attractive to a bigger number of users.
Amazing! It took me less than a month to make my first good profits from crypto trading with PrimeXBT!
PrimeXBT’s customer support team consists of true professionals who are fully aware of all the technical capabilities and peculiarities of their trading platform.
PrimeXBT is the first crypto exchange in my career that doesn’t impose any verification requirements. That’s a great contribution to user anonymity.
Once I got familiar with PrimeXBT review, I concluded that it would be a good crypto trading platform for me. I’m glad that this conclusion was correct!!!
In recent weeks, I face a little bit slow response from the trading terminal. I’ve already cleared my browser cache but it didn’t fully resolve the issue.
I used to trade cryptocurrencies but when the market crashed, I quickly switched to stocks. I like that PrimeXBT offers such a level of flexibility.
The speed of execution on PrimeXBT is completely satisfactory to me. I work mostly with market execution.
What I like most about PrimeXBT is that this platform is fully web-based. I don’t have to download something, which also cuts down the downtime.
PrimeXBT is one of the simplest crypto trading terminals I have ever used!!! It’s super easy to adjust all its features in accordance with your needs!
I was disappointed when I discovered that PrimeXBT doesn’t offer any automated algorithms or signals. Well, at least the selection of indicators is pretty nice.
I have to admit that the Covesting copy trading platform from PrimeXBT outperformed my expectations. Although it isn’t designed for social trading, it’s the best option for automated trading.
PrimeXBT indeed offers a solid platform for cryptocurrency trading, and while it may lack some advanced technical analysis instruments, it compensates with a high level of customization. Even without access to certain tools, you can maximize the available ones to enhance your trading experience. The platform’s flexibility allows you to adapt and make the most out of the resources at hand. While there may be room for improvement in terms of advanced instruments, PrimeXBT strives to provide a customizable environment for traders.
PrimeXBT’s user-friendly interface is truly commendable, offering a convenient dashboard that caters to all your trading needs. The inclusion of the copy trading module, Covesting, is a great addition, allowing you to easily find and follow experienced traders. With a wide selection of active traders to choose from, it becomes effortless to explore and benefit from their trading strategies. Overall, PrimeXBT’s commitment to providing a seamless and user-centric trading experience is highly appreciated.
I am impressed with the flawless execution of orders on PrimeXBT, and the ability to choose from a variety of order types is a great advantage. The inclusion of stop-loss orders is particularly valuable, considering the higher leverage available. This allows me to effectively manage and limit my risk, ensuring that I don’t expose myself to more than I am willing to lose. PrimeXBT’s commitment to providing robust risk management tools is greatly appreciated.
Initially, I was surprised by the requirements for the withdrawal process, especially with regards to cold storage. However, I soon realized that this level of security is necessary and reassuring. I don’t mind waiting a bit longer for my withdrawals if it means that my funds are kept safe and secure. It’s a small trade-off for the peace of mind that comes with knowing my assets are well-protected.
One of the standout features of PrimeXBT is its diverse range of markets beyond cryptocurrencies. I have found the platform’s various chart types, such as trend lines, to be particularly useful for trading in markets like forex. The ability to access different markets not only provides opportunities for diversification but also helps mitigate potential losses in case of unexpected downturns in the crypto market. It’s a valuable feature that enhances the overall trading experience on PrimeXBT.
Choosing PrimeXBT has proven to be an excellent decision for me. While there are a few considerations to keep in mind, such as ensuring that your browser functions optimally for the web terminal, I have found that clearing the cache can resolve any potential issues and ensure smooth operation. Overall, I have been satisfied with my experience on the platform.
When searching for a new platform, my top priority is safety, and PrimeXBT certainly met my expectations in that regard. I appreciate the platform’s strong security measures and favorable trading conditions. Although there have been instances of spread slippage on certain crypto pairs, I continue to enjoy trading on PrimeXBT because I have confidence that my success is determined solely by my own efforts.
Having come across numerous positive reviews about PrimeXBT’s support, I wanted to share my own feedback as well. I must say, they truly are professionals! Every time I reach out to them, they promptly address all my inquiries and effectively resolve any issues I encounter. I am thoroughly impressed with their level of service and expertise.
Upon registering on PrimeXBT, I initially viewed crypto trading as a supplementary means of earning income. However, as I delve deeper into the market through this platform, my enthusiasm for trading intensifies, and I find myself increasingly inclined to pursue it as a full-time endeavor!
I’m pleased with the overall experience I had on PrimeXBT. The registration process was effortless, without the need for verification or KYC procedures. Additionally, making my first deposit was quick and hassle-free. While it may pose a slight challenge for newcomers to the world of cryptocurrencies, having a BTC wallet in advance ensures a seamless experience.
this motherfuckers steal my money what can i do?
Hey Saron and Charlie
Please get in touch asap re ACC etc
There is now a new scam under the guise of AlphaCoin-Capital. Same two Companies and same scams. They advertise from ‘successful traders’ being named by various (false) commentators on You Tube (Jordan Meyers for example) take your money (BTC) then con you with false trades through their false trader. When you apply to take your winnings they apply ridiculous and false tax and withdrawal fees that they demand you pay upfront. At that point I stopped and have commenced legal proceedings through international lawyers. DO NOT HAVE ANYTHING TO DO WITH THESE TWO COMPANIES
Hey Saron
I also have used Alpah coin with Jordan. I was wondering if you could get in contact with me. My telegram is cuviegod.
Please be in contact.
me too . Perhaps we can act together they have ripped me off 2 . Wh are you using to sue them ?
I had dealing with CrimeXBT, I mean PrimeXBT and it is extremely shady..
2 times the platform froze at critical situations.
I was managing my margin as I had been margin called and they manipulate the market and counter trade and run stop losses which I have screen captures to prove they did this!
I imagine it is a way to harvest bitcoins / cash from unsuspecting clients.
me too Saron