Position in Rating | Overall Rating | Trading Terminals |
10th  | 4.4 Overall Rating |  |
PrimeXBT Review
PrimeXBT is a global multi‑asset trading platform launched in 2018 that connects traders to a wide range of markets from a single account. The platform supports trading in forex, cryptocurrencies, commodities, indices, and shares, offering access to more than 100 tradable markets for both new and experienced traders. It is designed to help users manage diverse portfolios with tools like CFDs and crypto futures.
Traders on PrimeXBT benefit from advanced tools and flexible options that support market analysis and execution. The platform offers its proprietary web‑based interface, a dedicated mobile app, and support for MetaTrader 5 (MT5) for desktop or mobile trading. PrimeXBT also includes features such as copy trading and customizable charting tools to help users refine their strategies.
Security and user support are key focuses of the platform. PrimeXBT uses robust protection measures to safeguard user funds and data, and provides 24/7 multilingual support to assist traders whenever needed. This review explores PrimeXBT’s main features, markets, platforms, account setup, trading conditions, and user experience to help you decide if it fits your trading goals.
What is PrimeXBT?
PrimeXBT is a global online trading platform where users can trade forex, cryptocurrencies, commodities, indices, and stock CFDs with a single account. The platform offers access to over 100 tradable instruments and features high leverage, including up to 1:1000 on PXTrader accounts and 1:2000 on MetaTrader 5 accounts depending on the market and account type.
PrimeXBT has a competitive fee structure with low trading costs and tight spreads, and most deposits are free of platform charges. Withdrawals typically have no platform fees, though network or payment method fees may apply. Traders can fund and withdraw using 100+ methods, such as cards, bank transfers, e‑wallets, and crypto options.
For practice and learning, there’s a demo account with virtual funds. The platform also includes a mobile app for trading on the go and a copy trading feature that lets users follow experienced traders. With its tools, flexible conditions, and multiple market options, PrimeXBT appeals to both new and seasoned traders seeking broad market access.
PrimeXBT Regulation and Safety
PrimeXBT works with a number of licensed entities in different regions to support legal oversight and user protection. The platform holds licenses from the FSA in Seychelles, is authorised as an FSCA‑regulated provider in South Africa, and operates under an investment dealer licence in Mauritius, offering structured compliance frameworks rather than a single global regulator. This layered approach helps align the platform with regional rules and expectations for financial services.
In South Africa, PrimeXBT’s licence now includes crypto asset services, reinforcing its regulated presence in that market and giving traders regulated access to digital assets and margin trading. The platform is also a member of a financial commission that provides a compensation fund for eligible cases, which adds an extra level of dispute resolution and confidence beyond basic oversight.
For security, PrimeXBT uses cold storage for digital assets, hardware security modules, advanced encryption, and strict internal protocols to protect funds and sensitive data. From my own brief use, their security page clearly outlines these protections, and the platform emphasises compliance and ongoing risk monitoring, though traders should be aware that regulatory coverage varies by region and trading still carries inherent risks.
PrimeXBT Pros and Cons
Pros
- Global market access
- High leverage options
- Low trading costs
- Wide deposit/withdrawal support
- Demo account available
Cons
- Not available in all regions
- Regulatory oversight not from major Tier‑1 bodies
- Variable product availability by jurisdiction
- Swap Fees
Benefits of Trading with PrimeXBT
PrimeXBT offers 24/7 live support, so traders can get help any time, which is useful when markets move quickly and answers are needed fast. The platform has a competitive fee structure with low trading costs and tight spreads, most deposits don’t incur platform fees, and withdrawals typically only involve network or payment method charges. I’ve noticed deposits and withdrawals can be processed fairly quickly, especially when using crypto.
They also offers demo account with virtual funds for practice, a mobile app for trading on the go, and a copy trading feature that lets users follow more experienced strategy providers. In addition, the platform has an active rewards and promotions program that includes trader tasks and contests where users can earn bonuses by completing milestones, trading certain volumes, or participating in promotions. PrimeXBT also supports a referral program, letting traders earn extra rewards by inviting others.
The combination of educational resources, market insights, and reward opportunities makes PrimeXBT appealing for both new and seasoned traders looking for flexible tools and incentives while exploring global markets.
PrimeXBT Customer Reviews
Many users appreciate the helpful platform at PrimeXBT, especially those who start with little experience. One review highlights how a novice trader saw significant gains but emphasizes that discipline and patience are crucial for success, pointing out that the platform provides great tools for growth.
On the other hand, some users value PrimeXBT’s affordability. One customer mentions how starting with just $10 through VOLET was a major advantage, along with good spreads, making it an accessible option for many traders. However, not all reviews are positive, with one user expressing frustration over a disputed withdrawal, claiming that funds were unexpectedly removed from their account.
PrimeXBT Spreads, Fees, and Commissions
PrimeXBT uses a spread‑only model on many markets, including forex, commodities, indices, and crypto CFDs, where costs are built into the price difference rather than charged as separate commissions. Spreads on major forex pairs can start around 0.1 pips, and CFD trading typically has zero trading commissions. Swap or overnight fees apply for positions held past the funding time, and these vary by asset and direction of the trade.
For crypto futures trading, PrimeXBT applies a maker/taker fee structure based on monthly trading volume. Maker fees are 0.01% across all tiers, and taker fees vary by volume level: Tier 1 (under $5,000,000) has a 0.045% taker fee, Tier 2 ($5,000,000 or more) has a 0.035% taker fee, and Tier 3 ($20,000,000 or more) has a 0.02% taker fee. This tiered model rewards higher trading activity with progressively lower taker costs, while maker fees remain consistently low.
PrimeXBT also supports VIP fee discounts where users can qualify for reduced taker rates with higher trading activity or specific promotions. Under these arrangements, taker fees can fall even lower depending on volume and status, while maker fees stay at 0.01%. This tiered and discount‑eligible structure helps frequent traders reduce overall costs without sacrificing liquidity or access.
Account Types
PrimeXBT provides one unified account that gives traders access to all supported trading environments from a single login.
Crypto Futures
The Crypto Futures environment focuses on leveraged cryptocurrency derivatives, offering access to 130+ crypto assets with cross and isolated margin and deep order books. Traders can use leverage up to 500x, which is suitable for active and speculative crypto futures strategies.
PXTrader
The PXTrader account is the main environment for everyday trading of forex, commodities, indices, shares, and crypto CFDs. It supports broad market access with leverage up to 1:1000 and includes features such as cashback rewards and trading promotions, making it a versatile choice for both new and experienced traders.
MT5 and MT5 Pro
PrimeXBT also supports MetaTrader 5 (MT5), a professional platform for advanced traders, with options like MT5 Pro that offer ultra‑tight spreads, higher leverage up to 2000x, and enhanced execution tools. MT5 gives access to the same markets but with deeper analysis tools and additional order types.
Demo Account
A demo account is available for practice using virtual funds under real‑market conditions, allowing traders to test strategies and familiarize themselves with the platform before trading live.
How to Open Your Account
Opening an account at PrimeXBT is quick and straightforward. Follow these simple steps to start trading in no time:
Step 1: Register:
Visit the official PrimeXBT website and click on the “Register” button. Enter your email address, create a secure password, and submit your details to complete the registration.
Step 2: Verify Your Email:
Check your inbox for a verification email from PrimeXBT. Click the verification link to activate your account.
Step 3: Complete Your Profile:
Log in to your new account and provide additional details such as your name, phone number, and country of residence. This step ensures your account's security and compliance.
Step 4: Deposit Funds:
Navigate to the “Deposit” section. Choose your preferred payment method, such as cryptocurrencies or fiat currencies, and deposit funds into your account. PrimeXBT supports a variety of payment options.
Step 5: Start Trading:
With funds in your account, you can begin trading. Explore the platform, select your preferred markets, and execute trades. PrimeXBT offers a wide
PrimeXBT Trading Platforms
Trading platforms are available from PrimeXBT, which suits the needs of all traders. As for the PrimeXBT WebTrader that can offer a very advanced trading platform, it is browser-based and user-friendly, itself has advanced tools that are sufficient for trading in cryptocurrencies as well as foreigners, commodities, and indices. The PrimeXBT App will also permit trading on the move. But this seamless mobile experience allows access to global markets at any time and at any place anywhere.
Additionally, PrimeXBT supports the MT5 (MetaTrader 5) platform, popular among experienced traders for its powerful features, automated trading capabilities, and in-depth market analysis tools. Whether you’re a beginner or a pro, PrimeXBT’s platforms combine flexibility, speed, and reliability, making trading more accessible and efficient.
What Can You Trade on PrimeXBT
PrimeXBT offers a wide range of trading options to suit different investor preferences. Here's a breakdown of what you can trade on the platform:
Crypto Futures
PrimeXBT is one of the popular crypto trading platforms that allows traders to engage in crypto futures trading, offering cryptocurrencies like Bitcoin, Ethereum, and others. This enables users to speculate on price movements without needing to own the underlying assets, making it a flexible option for crypto enthusiasts.
Forex
Forex trading on PrimeXBT gives you access to global currency pairs, including major, minor, and exotic pairs. With high liquidity and competitive spreads, PrimeXBT offers an efficient platform for trading currencies around the clock.
Indices
On PrimeXBT, you can trade major global stock indices like the S&P 500, Nasdaq, and Dow Jones. This option allows you to speculate on the performance of large market indices without directly investing in individual stocks.
Commodities
PrimeXBT also provides access to commodities like gold, silver, oil, and more. Commodities trading can be a valuable way to hedge against inflation or gain exposure to raw materials, and PrimeXBT makes it easy to trade them with competitive pricing and advanced tools.
Stock CFDs
PrimeXBT also supports CFDs on shares of major global companies, enabling traders to speculate on individual stock movements without owning the actual equities.
PrimeXBT Customer Support
PrimeXBT offers reliable customer support to ensure users get the help they need quickly and efficiently. Live Chat is available for instant assistance, allowing users to connect with a support agent directly and resolve issues in real-time. Whether you have a question about your account or need guidance, the live chat feature provides immediate solutions.
For self-help options, the Help Centre is accessible 24/7 and contains detailed guides, FAQs, and resources to address common concerns. This section is ideal for users looking to find answers independently without waiting for assistance.
If you prefer email support, you can contact the team at support@help.primexbt.com. Email is a great option for more complex inquiries, ensuring you get a thorough and well-documented response from the support team. PrimeXBT’s multiple support channels make it easy to find assistance whenever needed.
Advantages and Disadvantages of PrimeXBT Customer Support
Advantages
DisadvantageWithdrawal Options and Fees
PrimeXBT offers a range of withdrawal methods depending on your region and previous deposit choice. You can withdraw cryptocurrencies such as BTC, ETH, USDT, and USDC, or use money options like bank cards, e‑wallets (e.g., Skrill, Neteller, Binance Pay) and other supported regional systems shown inside the platform’s payments menu. PrimeXBT does not charge internal platform fees on withdrawals, and deposits are also free of fees in most cases.
For fiat or e‑wallet withdrawals, the fee range varies by method and minimum amounts apply. For example, some money options may require a minimum withdrawal of around $5 to $15, with processing times often instant to one day, while crypto withdrawals generally show small network‑based costs. Blockchain and payment processor fees depend on the method you choose and are shown before you confirm a withdrawal.
Crypto network costs also vary by network and coin — for example, on some chains you might see small blockchain fees on BTC or stablecoin transfers versus fee‑free options on certain networks — but you always see the exact cost before submission. The platform’s withdrawal interface clearly lists available options, expected costs, and processing times, which helps plan your withdrawals without surprises.
PrimeXBT Vs Other Brokers
#1. PrimeXBT vs XM
PrimeXBT and XM are both popular online trading platforms catering to different trader needs. PrimeXBT offers a range of assets like crypto futures, forex, commodities, and indices, focusing on leveraged trading. In contrast, XM provides over 1,000 trading instruments, including forex, stocks, commodities, and cryptocurrencies, and operates in nearly 190 countries. XM is also highly regulated with licenses from ASIC and CySEC, ensuring a secure environment. While PrimeXBT offers flexible withdrawal options and competitive fees starting at $0.5, XM provides more trading tools, higher leverage (up to 1:1000 for non-EU regions), and a wider range of deposit methods like Apple Pay and Google Pay. PrimeXBT is geared more towards crypto and leveraged trading, whereas XM offers a diverse range of instruments and focuses on high-speed execution and global reach.
Verdict: PrimeXBT is great for traders seeking high leverage and crypto futures, while XM offers a broader range of instruments and more regulatory security. XM’s reputation and diverse tools make it a better option for traders looking for variety and reliability.
#2. PrimeXBT vs RoboForex
PrimeXBT and RoboForex are both popular brokers, but they cater to different trader needs. PrimeXBT specializes in leveraged trading with a focus on crypto futures, forex, commodities, and indices, offering high leverage and a simple platform for dynamic trading. In contrast, RoboForex provides over 12,000 financial instruments, including currency pairs, CFDs on stocks, indices, metals, energies, and futures, with competitive conditions such as tight spreads from 0 pips and leverage up to 1:2000. RoboForex also features the CopyFx program for passive income, allowing traders to copy successful strategies. Additionally, RoboForex offers multiple platforms like MT4, MT5, and R StocksTrader, instant withdrawals, and high affiliate payments, while PrimeXBT focuses on crypto trading with simpler asset offerings and withdrawal options.
Verdict: If you need a broad range of instruments and features like the CopyFx program, RoboForex is the better choice. However, for high leverage and a focus on crypto futures, PrimeXBT may be more suitable. Both brokers have strong reputations, but RoboForex offers more variety and tools for diverse trading.
#3. PrimeXBT vs Exness
PrimeXBT and Exness cater to different trading needs. PrimeXBT specializes in leveraged trading of crypto futures, forex, commodities, and indices, offering a simple platform for dynamic traders. Exness, one of the largest brokers globally, provides a wider range of assets, including forex, stocks, and crypto CFDs, with various account types and leverage up to unlimited for retail clients. Exness is regulated by authorities like FCA and CySEC and offers competitive spreads from 0.1 pips. It also provides 24/7 support, fast withdrawals, and access to platforms like MT4/5, making it ideal for traders seeking variety and comprehensive tools.
Verdict: For crypto futures and leveraged trading, PrimeXBT is solid. However, Exness offers a more diverse asset selection, stronger regulation, and better tools, making it a superior choice for traders of all levels.
Also Read: XM Review 2024 – Expert Trader Insights
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Conclusion: PrimeXBT Review
PrimeXBT is a suitable trading platform that provides high leverage and accessibility to crypto futures, forex, commodities, and indices for trading purposes. The platform is user-friendly and comes along with multiple trading tools, which make it an attractive choice for experienced traders who are enthusiastic about indulging in dynamic leveraged trading and implementing diversified trading strategies. However, this sophisticated platform would not be good enough for complete novices in the trading world since it lacks beginner-focused resources.
The platform has high leverage and is focused on the cryptocurrency markets, but it does not come without limitations, like those of customer support options. PrimeXBT should be an ideal choice for traders taking pride in using all advanced features and high leverage while using diverse trading strategies; however, those in search of more support or other assets may find PrimeXBT lacking in some aspects.
Also Read: IronFX Review 2024 – Expert Trader Insights
PrimeXBT Review: FAQs
What is PrimeXBT?
PrimeXBT is an online trading platform that offers high leverage and access to a range of assets, including crypto futures, forex, commodities, and indices. It is designed for active traders looking for leveraged trading opportunities.
What assets can I trade on PrimeXBT?
PrimeXBT provides access to a variety of assets, including cryptocurrencies, forex pairs, commodities like oil and gold, and indices. This allows traders to diversify their portfolio and take advantage of market opportunities.
Is PrimeXBT regulated?
PrimeXBT is not regulated by major financial authorities like the FCA or CySEC. This may be a concern for some traders, as regulated brokers typically offer more protection for funds and stricter oversight.
What is the minimum deposit required to start trading on PrimeXBT?
The minimum deposit required to start trading on PrimeXBT is $10. This low entry barrier makes it accessible to both beginner and experienced traders looking to explore leveraged trading.
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