PrimeXBT
Your Gateway to Global Trading
Trade Forex, Stocks, Indices and Commodities with competitive spreads
Key Broker Details
Quick Facts
Regulation
FSCA (South Africa), FSC (Mauritius), FSA (Seychelles)
Country
Seychelles / Saint Lucia / South Africa
Min. Deposit
$10.00
Spreads
from 0.1 pips
Pros
What we like
- 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
Areas for improvement
- 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.
Broker Summary
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 1 million traders in 150+ countries, it combines low fees, high leverage, and advanced tools with a user-friendly interface. Regulated by the FSCA (South Africa) and FSA (Seychelles), PrimeXBT prioritizes security, innovation, and accessibility for traders worldwide.
Trading Platforms
Mobile Trading
Fully featured Android/iOS app; users praise its navigation
Web Trader
Web‑based platform with advanced charting; integrates TradingView
Safety & Regulation
Capitalization
Not publicly disclosed, but PrimeXBT is a well-funded platform with over 1 million traders and a strong global presence since 2018.
Insurance
No specific insurance details provided, but client funds are stored in secure cold wallets with 2FA and encryption for added safety.
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)
Jurisdictions
South Africa (FSCA), Seychelles (FSA), Mauritius (FSC), El Salvador (CNAD & BCR for digital assets)
Trading Tools
Social Trading
Econ Calendar
Account Managers
Payments
🪙 Crypto Wallets | 💳 Credit/Debit Cards (Visa, Mastercard via third-party) | 🏦 Bank Transfers (limited availability) | 📲 E-Wallets (e.g., Perfect Money, Volet)
PrimeXBT Overview
Comprehensive broker information and trading capabilities
Languages & Region
Supports multiple languages, including English, Spanish, Chinese, Russian, and 20+ others for global accessibility.
Seychelles / Saint Lucia / South Africa
Pricing & Fees
Maker fees from 0.01% (crypto futures) | Taker fees from 0.015% (VIP accounts) No fees on select CFD assets (promotional offers)
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)
Trading Platforms
MetaTrader 5, WebTrader, TradingView
Leverage
1000:1
Account Types
Standard Accounts, Islamic Account, Copy Trading Accounts, Micro Accounts
Customer Support
24/7 support via live chat, email, and phone, with a reputation for responsiveness and professionalism.
Fund Security
VPS Hosting
PrimeXBT Insights & Features
Discover what makes PrimeXBT stand out with comprehensive tools and resources
News & Analysis
Market insights and analysis
Daily updates and insights, technical analysis reports, and an in-platform news feed covering crypto and traditional markets.
Top Feature
Standout platform feature
No information available
Check back later for updates
Research Tools
Advanced research capabilities
Economic calendar, market news and analysis, and TradingView-integrated trading signals.
Educational Resources
Learning materials and courses
Free online courses and webinars, trading guides for beginners and advanced traders, and regional seminars (especially in South Africa).
PrimeXBT Account Structure
Compare account types and features
PrimeXBT Account Types
| Account Type | Tick Mark | Minimum Deposit | Spreads (from) | Commissions | Leverage (Max) | Key Features | Eligibility/Notes |
|---|---|---|---|---|---|---|---|
| Standard Account | ✅ | $10 | 0.1 pips (forex majors) | 0% (non-crypto) | 1:1000 (forex), 1:200 (crypto) | Unified access to all assets; mobile/web trading; economic calendar; 50+ indicators | Default for all users; no KYC for crypto deposits up to $2,000/month |
| VIP Account | ✅ | $10 (but $250K+ balance for full perks) | Reduced (up to 20% lower) | Lower on crypto futures | Same as Standard | Priority 24/7 support; dedicated account manager; exclusive bonuses; higher withdrawal limits; reduced overnight fees | Achieved via trading volume ($100K+/month) or equity ($250K+); tiered levels (Silver/Gold/Platinum) |
| Islamic Account | ✅ | $10 | Same as Standard | 0% (swap-free) | Same as Standard | No overnight swap fees; Sharia-compliant; all other features identical | Available on request during signup; suitable for Muslim traders |
| Copy Trading Account (Covesting) | ✅ | $10 (or $100 for strategy subscription) | Same as Standard + performance fees | 20-30% of profits to strategy providers | Same as Standard | Copy up to 100 strategies; passive income; risk-adjusted scoring; demo mode available | Separate module within main account; master traders earn from followers |
| Crypto Trading | ✅ | $10 | 0.05% (futures) | 0.01% maker / 0.045% taker | 1:200 | 50+ crypto pairs (BTC/USD, ETH/USD); perpetual futures; no spot trading | Integrated in Standard; instant crypto deposits/withdrawals |
| Forex Trading | ✅ | $10 | 0.1 pips (EUR/USD avg. 0.9) | 0% | 1:1000 | 50+ pairs; scalping/EA-friendly on MT5 | Part of unified account; low latency execution (7ms avg.) |
| Stock & CFD Trading | ✅ | $10 | 0.1% (indices/stocks) | 0% | 1:100 (stocks), 1:20 (oil/gold) | 300+ CFDs on indices, commodities, stocks (Apple, Tesla); long/short positions | Unified access; no ownership of underlying assets |
| ECN Account | ❌ | N/A | N/A | N/A | N/A | N/A | Not offered; Standard provides similar direct market access |
| Raw Account | ❌ | N/A | N/A | N/A | N/A | N/A | Not offered; low spreads in Standard suffice |
| Micro Account | ❌ | N/A | N/A | N/A | N/A | N/A | Not offered; micro lots available in Standard |
| Managed Account | ❌ | N/A | N/A | N/A | N/A | N/A | Not offered; use Covesting for managed-like exposure |
| Zero Commission | ✅ | $10 | Same as Standard | 0% (forex/CFDs) | Same as Standard | No fees on spot-like trades; applies to non-crypto | Built into Standard/VIP |
| Low Spread Trading | ✅ | $10 | 0.1 pips | Varies | Same as Standard | Tight spreads on majors; no dealing desk | Core to all accounts |
| High Leverage | ✅ | $10 | Same as Standard | Varies | Up to 1:1000 | Risk warnings apply; adjustable per asset | Available across all; regional limits (e.g., 1:30 in EU) |
| Scalping & EA Friendly | ✅ | $10 | Same as Standard | Varies | Same as Standard | No restrictions; MT5 for EAs | Yes on MT5; proprietary platform supports fast orders |
Trading Features & Conditions
Explore PrimeXBT's comprehensive trading ecosystem
Max Leverage
1:1000 (Forex) / 1:200 (Crypto) / 1:100 (Commodities & Indices)
Risk Management
Stop Loss, Take Profit, Trailing Stop, Negative Balance Protection
Special Conditions
High leverage available; crypto-centric with futures trading
Frequently Asked Questions
No FAQs available for this broker.
