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Independent broker review

PrimeXBT – Multi‑Asset & Crypto Futures Broker

PrimeXBT is a leading multi-asset trading platform offering CFDs on crypto, forex, commodities, indices, and stocks, as well as crypto futures. Trusted by over...

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4.2 Score
How we score

We may earn a commission if you visit this broker. That does not affect our rating. Your capital is at risk. CFDs are complex instruments.

Pros & Cons

What we like and what could be improved about PrimeXBT

Pros

  • Low Fees: Taker fees as low as 0.015% for VIP users.
  • High Leverage: Up to 200x on crypto, 1000x on forex.
  • Diverse Assets: Trade 100+ instruments (crypto, forex, stocks, indices).
  • Advanced Tools: TradingView integration for robust charting.
  • Mobile App: Full-featured iOS/Android trading app.
  • VIP Perks: 30-day VIP 2 status for new users (70% lower fees).
  • Secure Platform: Cold storage, 2FA, and encryption.
  • 24/7 Support: Responsive live chat, email, and phone support.

Cons

  • Limited Regulation: Only FSCA (South Africa) and FSA (Seychelles).
  • No MT4: Lacks MetaTrader 4, limited MT5 support.
  • Restricted Countries: Unavailable in USA, Canada, Japan.
  • No Social Trading: Limited copy-trading features.

PrimeXBT Overview

Key data on fees, platforms, deposits, and trading conditions

Regulation
FSCA (South Africa), FSC (Mauritius), FSA (Seychelles)
Minimum deposit
$10
Spreads
from 0.1 pips
Commission
Forex & Commodities: No direct commission (built into spread) Crypto: 0.05% trading fee
Leverage
1000:1
Trading platforms
MetaTrader 5, WebTrader, TradingView

Fees

Spreads, commissions, and non-trading costs

Minimum deposit
$10
Spreads
from 0.1 pips
Commission
Forex & Commodities: No direct commission (built into spread) Crypto: 0.05% trading fee
Pricing model
Maker fees from 0.01% (crypto futures) | Taker fees from 0.015% (VIP accounts) No fees on select CFD assets (promotional offers)

Safety

Regulation, investor protection, and fund security

Regulation
FSCA (South Africa), FSC (Mauritius), FSA (Seychelles)
Regulated jurisdictions
South Africa (FSCA), Seychelles (FSA), Mauritius (FSC), El Salvador (CNAD & BCR for digital assets)
Licenses
FSCA (South Africa): Stack Advisory (PTY) LTD is an authorized financial services provider (license number not publicly disclosed) | FSA (Seychelles): PrimeXBT Trading Services LTD – Securities Dealer License No. SD162 | FSC (Mauritius): PXBT Capital Ltd – Investment Dealer License | CNAD & BCR (El Salvador): Licensed as a Digital Asset Services Provider (DASP) and Bitcoin Services Provider (BSP)
Investor protection
No
Segregated client funds
Yes
Negative balance protection
No

Deposit & Withdrawal

Funding methods, fees, and processing options

Deposit methods
🪙 Cryptocurrencies (BTC, ETH, USDT, USDC, and more) | 💵 Fiat via third-party providers (e.g., Perfect Money, Volet, bank cards) | 🔄 Instant crypto-to-crypto & fiat-to-crypto exchanges within the platform (e.g., via MetaMask, Coinify, AdvCash, etc.)
Withdrawal methods
🪙 Cryptocurrency withdrawals only (BTC, ETH, USDT, USDC, COV, etc.) | 🔒 Withdrawals processed once daily at 12:00 UTC (can cancel before cutoff) | 💼 Withdraw to external wallets (no fiat withdrawal support)
Withdrawal fee
Free
Payment methods
🪙 Crypto Wallets | 💳 Credit/Debit Cards (Visa, Mastercard via third-party) | 🏦 Bank Transfers (limited availability) | 📲 E-Wallets (e.g., Perfect Money, Volet)

Trading Platforms

Desktop, web, and mobile trading software

Platforms
MetaTrader 5, WebTrader, TradingView
Mobile trading
Fully featured Android/iOS app; users praise its navigation
Web trader
Web‑based platform with advanced charting; integrates TradingView
Charting tools
Advanced charting with TradingView integration, 100+ technical indicators and customizable dashboards, real-time market data, and multi-timeframe analysis.
Social / copy trading
Copy‑trading via Covesting; solid community reviews
VPS hosting
Available

Markets & Products

Available instruments and product coverage

Account types
Standard Margin Account

Demo Account

Practice trading without risking real money

Demo account
Not available

Research & Education

Analysis tools, news, and learning resources

Research tools
Economic calendar, market news and analysis, and TradingView-integrated trading signals.
Educational resources
Free online courses and webinars, trading guides for beginners and advanced traders, and regional seminars (especially in South Africa).
News & analysis
Daily updates and insights, technical analysis reports, and an in-platform news feed covering crypto and traditional markets.

Customer Support

Help channels and service availability

Support channels
24/7 support via live chat, email, and phone, with a reputation for responsiveness and professionalism.
Languages
Supports multiple languages, including English, Spanish, Chinese, Russian, and 20+ others for global accessibility.

Account Types

Compare spreads, leverage, and conditions across PrimeXBT accounts

Frequently Asked Questions

Common questions about PrimeXBT

No FAQs available for this broker.

Community Reviews

Trader ratings and comments about PrimeXBT

Overall User Rating

— /10

Based on 0 published reviews from verified community members

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