Comparison of Bybit and PrimeXBT
| Feature | Bybit | PrimeXBT |
|---|---|---|
| Broker | ||
| Year Founded | 2018 | 2018 |
| Broker Type | ECN | STP |
| Dealing | A-book | A-book |
| Execution | Market | Market |
| Regulation | VARA, FMA, FIU, AFSA | FSA, FSCA, BCR, FSC |
| Platforms | Bybit Web, Bybit App, MetaTrader 5 (MT5), TradingView | PrimeXBT WebTrader, PXTrader, MetaTrader 5 (MT5), PrimeXBT |
| Spread | ⬊ Low | ⬊ Low |
| Maximum Leverage | 1:500 | 1:1000 |
| Minimum Deposit | $1 | $1 |
| Base Currencies | USD, USDT, USDC, BTC, ETH | USD, USDT, USDC, BTC, ETH |
| Funding Methods | Credit/Debit Card, Bank Transfer, Apple Pay, Google Pay, Advcash, Banxa, Mercuryo, MoonPay, Cryptocurrencies (BTC, ETH, USDT, USDC) | Credit/Debit Card, Bank Transfer, PerfectMoney, Cryptocurrencies (BTC, ETH, USDT), Volet, VLoad |
| Inactivity Fee | ✖ | ✖ |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | Variable (network fee, e.g. 0.0005 BTC) | Variable (e.g. 0.0005 BTC) |
| Investor Protection | - | - |
| Protection Size | - | - |
| Segregated Accounts | ✔ | ✔ |
| Negative Balance Protection | ✔ | ✔ |
| Guaranteed Stop Loss | ✖ | ✖ |
| Copy Trading | ✔ | ✔ |
| VPS | ✖ | ✖ |
| MAM/PAMM | ✖ | ✖ |
| Scalping Allowed | ✔ | ✔ |
| EAs/Robots | ✔ | ✔ |
| Depth of Market (DOM) | ✔ | ✔ |
| Tradable Assets (CFDs) | Cryptocurrencies, Perpetual Futures, Options, Commodities, Indices, Currencies, Stocks | Forex, Indices, Shares, Commodities, Cryptocurrencies |
| Review | Bybit Review | PrimeXBT Review |
About Bybit
Bybit is a leading crypto derivatives exchange founded in 2018. Serving traders in 160+ countries, it offers spot, perpetual futures, options and copy trading with leverage up to 1:500 and deep liquidity safeguarded by an insurance fund and auto-deleveraging. Headquartered in Dubai, Bybit provides a unified trading account, zero minimum deposit, negative-balance protection and a tiered VIP rebate program.
Pros
- Zero minimum deposit and low trading fees
- Unified trading account
- 400+ crypto assets plus gold and index futures
- Copy-trading marketplace and VIP rebates
- Dubai VARA regulation and segregated client funds
Cons
- Unavailable in US, UK, Canada, France and several sanctioned states
- No EU/UK investor-compensation scheme
About 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
Bybit & PrimeXBT Regulation
| Feature | Bybit | PrimeXBT |
|---|---|---|
Companies | Bybit Fintech Ltd, UAB Onlychain Fintech Limited, Bybit Technology Limited, Bybit EU GmbH | PXBT Trading Ltd, PrimeXBT (Pty) Ltd, rimeXBT Trading Services, S.A. de C.V., PXBT Capital Ltd |
Countries | United Arab Emirates, Seychelles, British Virgin Islands, Austria | Seychelles, South Africa, El Salvador, Mauritius |
Regulators | VARA, FMA, FIU, AFSA | FSA, FSCA, BCR, FSC |
Investor Protection | - | - |
Investor Protection Size | - | - |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Companies
Bybit
Bybit Fintech Ltd, UAB Onlychain Fintech Limited, Bybit Technology Limited, Bybit EU GmbH
PrimeXBT
PXBT Trading Ltd, PrimeXBT (Pty) Ltd, rimeXBT Trading Services, S.A. de C.V., PXBT Capital Ltd
Countries
Bybit
United Arab Emirates, Seychelles, British Virgin Islands, Austria
PrimeXBT
Seychelles, South Africa, El Salvador, Mauritius
Regulators
Bybit
VARA, FMA, FIU, AFSA
PrimeXBT
FSA, FSCA, BCR, FSC
Investor Protection
Bybit
-
PrimeXBT
-
Investor Protection Size
Bybit
-
PrimeXBT
-
Publicly Traded
Bybit
PrimeXBT
Segregated Accounts
Bybit
PrimeXBT
Guaranteed Stop Loss
Bybit
PrimeXBT
Negative Balance Protection
Bybit
PrimeXBT
Account Types
| Account | Bybit | PrimeXBT |
|---|---|---|
STP Account | ||
| Account Name | — | PXTrader |
| Min Deposit | — | $1 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 0.1 |
| Fee | — | No |
| Max Leverage | — | 1:1000 |
| Stop Out | — | 50% |
| Margin Call | — | 80% |
ECN Account | ||
| Account Name | TradFi | — |
| Min Deposit | $1 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 0.1 | — |
| Fee | $6 per 1 lot | — |
| Max Leverage | 1:500 | — |
| Stop Out | 50% | — |
| Margin Call | 80% | — |
Crypto Account | ||
| Account Name | Crypto Futures | Crypto Futures |
| Min Deposit | $1 | $11 |
| Lot Size | 1 USDT | 0.001 BTC |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 0.0 | 0.1 |
| Fee | 0.036% maker / 0.10% taker per 1 lot | 0.045% per 1 lot |
| Max Leverage | 1:125 | 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 | ||
STP Account
Account Name
Bybit
—
PrimeXBT
PXTrader
Min Deposit
Bybit
—
PrimeXBT
$1
Lot Size
Bybit
—
PrimeXBT
0.01
Spread Type
Bybit
—
PrimeXBT
Floating
Execution
Bybit
—
PrimeXBT
Market
Min Spread
Bybit
—
PrimeXBT
0.1
Fee
Bybit
—
PrimeXBT
No
Max Leverage
Bybit
—
PrimeXBT
1:1000
Stop Out
Bybit
—
PrimeXBT
50%
Margin Call
Bybit
—
PrimeXBT
80%
ECN Account
Account Name
Bybit
TradFi
PrimeXBT
—
Min Deposit
Bybit
$1
PrimeXBT
—
Lot Size
Bybit
0.01
PrimeXBT
—
Spread Type
Bybit
Floating
PrimeXBT
—
Execution
Bybit
Market
PrimeXBT
—
Min Spread
Bybit
0.1
PrimeXBT
—
Fee
Bybit
$6 per 1 lot
PrimeXBT
—
Max Leverage
Bybit
1:500
PrimeXBT
—
Stop Out
Bybit
50%
PrimeXBT
—
Margin Call
Bybit
80%
PrimeXBT
—
Crypto Account
Account Name
Bybit
Crypto Futures
PrimeXBT
Crypto Futures
Min Deposit
Bybit
$1
PrimeXBT
$11
Lot Size
Bybit
1 USDT
PrimeXBT
0.001 BTC
Spread Type
Bybit
Floating
PrimeXBT
Floating
Execution
Bybit
Market
PrimeXBT
Market
Min Spread
Bybit
0.0
PrimeXBT
0.1
Fee
Bybit
0.036% maker / 0.10% taker per 1 lot
PrimeXBT
0.045% per 1 lot
Max Leverage
Bybit
1:125
PrimeXBT
1:200
Stop Out
Bybit
50%
PrimeXBT
50%
Margin Call
Bybit
80%
PrimeXBT
80%
Additional Features
Demo Account
Bybit
PrimeXBT
VIP Account
Bybit
PrimeXBT
Swap-Free Account
Bybit
PrimeXBT
Copy Trading
Bybit
PrimeXBT
VPS
Bybit
PrimeXBT
PAMM/MAM Accounts
Bybit
PrimeXBT
Funding and Fees
| Feature | Bybit | PrimeXBT |
|---|---|---|
Base currencies | USD, USDT, USDC, BTC, ETH | USD, USDT, USDC, BTC, ETH |
Deposit and withdrawal methods | Credit/Debit Card, Bank Transfer, Apple Pay, Google Pay, Advcash, Banxa, Mercuryo, MoonPay, Cryptocurrencies (BTC, ETH, USDT, USDC) | Credit/Debit Card, Bank Transfer, PerfectMoney, Cryptocurrencies (BTC, ETH, USDT), Volet, VLoad |
Inactivity fee | ||
Interest on margin | ||
Withdrawal fee | Variable (network fee, e.g. 0.0005 BTC) | Variable (e.g. 0.0005 BTC) |
Base currencies
Bybit
USD, USDT, USDC, BTC, ETH
PrimeXBT
USD, USDT, USDC, BTC, ETH
Deposit and withdrawal methods
Bybit
Credit/Debit Card, Bank Transfer, Apple Pay, Google Pay, Advcash, Banxa, Mercuryo, MoonPay, Cryptocurrencies (BTC, ETH, USDT, USDC)
PrimeXBT
Credit/Debit Card, Bank Transfer, PerfectMoney, Cryptocurrencies (BTC, ETH, USDT), Volet, VLoad
Inactivity fee
Bybit
PrimeXBT
Interest on margin
Bybit
PrimeXBT
Withdrawal fee
Bybit
Variable (network fee, e.g. 0.0005 BTC)
PrimeXBT
Variable (e.g. 0.0005 BTC)
Trading Platforms and Conditions
| Feature | Bybit | PrimeXBT |
|---|---|---|
Trading Platforms | Bybit Web, Bybit App, MetaTrader 5 (MT5), TradingView | PrimeXBT WebTrader, PXTrader, MetaTrader 5 (MT5), PrimeXBT |
Execution Speed | - | - |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | low | low |
Trading Platforms
Bybit
Bybit Web, Bybit App, MetaTrader 5 (MT5), TradingView
PrimeXBT
PrimeXBT WebTrader, PXTrader, MetaTrader 5 (MT5), PrimeXBT
Execution Speed
Bybit
-
PrimeXBT
-
Scalping
Bybit
PrimeXBT
Expert Advisors (EAs)
Bybit
PrimeXBT
Depth of Market (DOM)
Bybit
PrimeXBT
Spread
Bybit
low
PrimeXBT
low
Trading Assets
| Asset | Bybit | PrimeXBT |
|---|---|---|
Currencies | 61 | 98 |
Indices | 22 | 19 |
Stocks | 79 | 10 |
Cryptocurrencies | 400 | 40 |
Bonds | 0 | 0 |
Metals | 2 | 12 |
Energies | 3 | 4 |
Soft Commodities | 0 | 8 |
ETFs | 0 | 0 |
Currencies
Bybit
61
PrimeXBT
98
Indices
Bybit
22
PrimeXBT
19
Stocks
Bybit
79
PrimeXBT
10
Cryptocurrencies
Bybit
400
PrimeXBT
40
Bonds
Bybit
0
PrimeXBT
0
Metals
Bybit
2
PrimeXBT
12
Energies
Bybit
3
PrimeXBT
4
Soft Commodities
Bybit
0
PrimeXBT
8
ETFs
Bybit
0
PrimeXBT
0
Education and Analytics
| Feature | Bybit | PrimeXBT |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Economic Calendar
Bybit
PrimeXBT
Indicators
Bybit
PrimeXBT
Robots
Bybit
PrimeXBT
Signals
Bybit
PrimeXBT
Autochartist
Bybit
PrimeXBT
Expert Analytics
Bybit
PrimeXBT
News Feed
Bybit
PrimeXBT
Education Articles
Bybit
PrimeXBT
Webinars
Bybit
PrimeXBT
Seminars
Bybit
PrimeXBT
Bonuses
| Bonus | Bybit | PrimeXBT |
|---|---|---|
| No Deposit Bonus | ||
| Is available | ||
| Size | — | $1000 |
| Details | — | Learn More |
Contests
| Feature | Bybit | PrimeXBT |
|---|---|---|
| Demo Contests | ||
| Is available | ||
| Contests List | — |
|
Demo Contests
Is available
Bybit
PrimeXBT
Contests List
Bybit
—
PrimeXBT
- PXTrader weekly contestsStart Balance: $10000 · Prize Pool: $1000 · Period: WeeklyLearn More
- Crypto Futures weekly contestStart Balance: $10000 · Prize Pool: $1000 · Period: WeeklyLearn More
Customer Support
Which Broker is Better?
After comparing Bybit and PrimeXBT, Bybit comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
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Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.