PrimeXBT Overview
| Website | primexbt.com |
| Year Founded | 2018 |
| Countries of Registration | Seychelles, South Africa, El Salvador, Mauritius |
| Website Languages | English, Spanish, Portuguese, Hindi, Russian, Bahasa Indonesia, Arabic, Vietnamese, Chinese, Japanese, Korean, Bengali, Thai |
| Regulators | FSA, FSCA, BCR, FSC |
| Broker Type | STP |
| Dealing | A-book |
| Minimum Deposit | $1 |
| Account Currencies | USD, USDT, USDC, BTC, ETH |
| Spread | low |
| Trading Platforms | PrimeXBT WebTrader, PXTrader, MetaTrader 5 (MT5), PrimeXBT |
| Trading Assets | Forex, Indices, Shares, Commodities, Cryptocurrencies |
Brief look at PrimeXBT
PrimeXBT is a multi-asset broker and crypto exchange founded in 2018. The platform lets you trade over 100 markets — from Forex and global indices to spot metals and crypto futures — all from a single account with leverage up to 1:1000. Regulated in Seychelles, South Africa, Mauritius and El Salvador, PrimeXBT offers low fees, negative-balance protection, copy-trading (Covesting) and a tiered VIP program that rewards active traders with up to 50% fee discounts.
Pros
- Low entry and multiple payment methods
- 100+ instruments across traditional and digital markets
- High leverage (up to 1:1000) with negative-balance protection
- Regulated in four jurisdictions and segregates client funds
- Integrated copy-trading and VIP fee rebates
Cons
- No top-tier EU/UK regulation or investor compensation scheme
- Limited educational content compared with leading forex brokers
Is PrimeXBT available in my country?
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PrimeXBT doesn't accept clients from United States!
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PrimeXBT Reviews
I've been using PrimeXBT for a few months now, and I'm really impressed with their platform. The login process is smooth, and the demo account helped me get familiar with trading before putting real money in. The spreads are competitive, and I love the flexibility of different account types. Highly recommend!
9/15/2023PrimeXBT is a solid broker with a user-friendly app. I was able to sign up and start trading quickly. The minimum deposit is reasonable, and they offer good leverage options. The only downside was the withdrawal time, which took a bit longer than I expected, but overall a good experience.
8/22/2023The trading experience on PrimeXBT is decent, but I expected more from the MT5 platform. The spreads are okay, but I’ve seen better with other brokers. The demo account feature is great for beginners, but I hope they improve their bonus offerings in the future.
7/30/2023I recently started with PrimeXBT, and I appreciate the variety in account types they offer. The leverage options are attractive, and the ability to download their app makes trading on the go easy. The withdrawal process was straightforward, which I really liked.
6/5/2023I've read several reviews about PrimeXBT before signing up, and I can say it lives up to the hype. The platform is powerful for forex trading and supports MT5. They also offer a nice rebate program that adds value to my trades. Overall, a fantastic broker!
8/10/2023Leave a Review
Is PrimeXBT regulated?
| Companies | PXBT Trading Ltd, PrimeXBT (Pty) Ltd, rimeXBT Trading Services, S.A. de C.V., PXBT Capital Ltd |
| Countries | Seychelles, South Africa, El Salvador, Mauritius |
| Regulators | FSA, FSCA, BCR, FSC |
| Investor Protection | — |
| Investor Protection Size | — |
| Publicly Traded | |
| Segregated Accounts | |
| Guaranteed Stop Loss | |
| Negative Balance Protection |
PrimeXBT Account Types
| Property | PXTrader | Crypto Futures |
|---|---|---|
| Min Deposit | $1 | $11 |
| Lot Size | 0.01 lots | 0.001 BTC lots |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 0.1 pips | 0.1 pips |
| Fee | No | 0.045% per 1 lot |
| Max Leverage | 1:1000 | 1:200 |
| Stop Out | 50% | 50% |
| Margin Call | 80% | 80% |
Additional Features
- Demo Account
- VIP Account
- Swap-Free Account
- Copy Trading
- VPS
- PAMM/MAM Accounts
PrimeXBT Funding and Fees
| Base currencies | USD, USDT, USDC, BTC, ETH |
| Deposit and withdrawal methods | Credit/Debit Card, Bank Transfer, PerfectMoney, Cryptocurrencies (BTC, ETH, USDT), Volet, VLoad |
| Inactivity fee | |
| Interest on margin | |
| Withdrawal Fee | Variable (e.g. 0.0005 BTC) |
PrimeXBT Trading Platforms and Conditions
| Trading Platforms | PrimeXBT WebTrader, PXTrader, MetaTrader 5 (MT5), PrimeXBT |
| Execution Speed | — ms |
| Scalping | |
| Expert Advisors (EAs) | |
| Depth of Market (DOM) | |
| Spread | low |
PrimeXBT Trading Assets
| Currencies | 98 |
| Indices | 19 |
| Stocks | 10 |
| Cryptocurrencies | 40 |
| Bonds | 0 |
| Metals | 12 |
| Energies | 4 |
| Soft Commodities | 8 |
| ETFs | 0 |
Education and Analytics
| Economic Calendar | |
| Indicators | |
| Robots | |
| Signals | |
| Autochartist | |
| Expert Analytics | |
| News Feed | |
| Education Articles | |
| Webinars | |
| Seminars |
Broker Bonuses
| Bonus Type | Size | Details |
|---|---|---|
| No Deposit Bonus | $1000 | Learn More |
Broker Contests
Demo Contests
| Contest Name | Start Balance | Prize Pool | Period | Details |
|---|---|---|---|---|
| PXTrader weekly contests | $10000 | $1000 | Weekly | Learn More |
| Crypto Futures weekly contest | $10000 | $1000 | Weekly | Learn More |
PrimeXBT Support
PrimeXBT Alternatives
| Broker | PrimeXBT | eToro |
|---|---|---|
| Type | STP | MM, Social |
| Minimum Deposit | $1 | $200 |
| Regulators | FSA, FSCA, BCR, FSC | SFSA, FCA, CySEC, ASIC, SEC |
| Platforms | PrimeXBT WebTrader, PXTrader, MetaTrader 5 (MT5), PrimeXBT | eToro |
| Spread | low | high |
| Leverage | 1:1000 | 1:30 |
| Assets | Forex, Indices, Shares, Commodities, Cryptocurrencies | Currencies, Indices, Stocks, ETFs, Cryptocurrencies, Metals, Energies, Soft Commodities |
