Company Profile
Company Profile
Review summary
| Company Name | PrimeXBT |
| Founded Year | 2018 |
| Registered Country | Saint Lucia |
| Regulatory Authorities | FSCA and FSRA |
| Fees | Zero commission |
| Trading Assets | 350+, including crypto futures, CFDs on FX, Commodities, Indices, Stocks |
| Minimum Deposit | $10 |
| Maximum Leverage | 1:1000 |
| Trading Platforms | PrimeXBT WebTrader, MetaTrader 5, PrimeXBT App |
| Minimum Spread | 0.1 pips (CFD trading) |
| Contact Methods | support@help.primexbt.com，live chat |
PrimeXBT Information
PrimeXBT is a regulated multi-asset trading platform offering CFDs, forex, indices, stocks, and commodities with zero commission and tight spreads starting at 0.1 pips. Licensed by South Africa's FSCA and Saint Lucia's FSRA, it supports flexible deposits from $10, multi-platform access including WebTrader, MetaTrader 5, and mobile app.
Regulatory Status
| Regulatory Agency | Current Status | License Type | Regulated By | License No. |
| Financial Sector Conduct Authority | Exceeded | Financial Service Corporate | South Africa | 45697 |
| The Financial Services Regulatory Authority | Offshore Regulated | Business Registration | Saint Lucia | 2024-00343 |
Pros and Cons
| Pros | Cons |
| Regulated | High leverage up to 1:1000 |
| MT5 provided | Withdrawals fees up to 1% |
| Multiple Assets | |
| Minimum Deposit starting from $10 | |
| Demo Account Available |
Market Instruments
| Assets | Available |
| Crypto Futures | ✅ |
| Forex | ✅ |
| Indices | ✅ |
| Commodities | ✅ |
| Stocks | ✅ |
| CFD's on Forex | ✅ |
| CFD's on Crypto | ✅ |
| CFD's on Commodities | ✅ |
| CFD's on Indices | ✅ |
Fees
Spreads and overnight fees are key cost factors; calculate based on trading instruments and holding periods. Withdrawal fees vary by payment method (e.g., bank transfer, crypto wallet). All account operations are free, ideal for beginners and active traders.
| Category | Item | Fees |
| Trading Fees | Spread | No commission, spreads as low as 0.1 pips (for CFD trading). |
| Deposit & Withdrawal Fees | Minimum Deposit | $10 minimum deposit required. |
| Deposit Fee | No charges | |
| Withdrawal Fee | Up to 1% | |
| Account Fees | Account Setup Fee | Free account creation |
| Account Maintenance Fee | No charges for account maintenance. | |
| Demo Account | Free risk-free practice environment. |
Trading Platform
| Trading Platform | Devices | Features & Benefits |
| PrimeXBT WebTrader | Web-based trading (no download) | - Fully customizable interface- Advanced charts & analytical tools- Multi-device access- Fast execution |
| MetaTrader 5 | Traditional PC trading (Forex/CFDs) | - Supports Expert Advisors (EAs)- Multi-timeframe chart analysis- Diverse order types- Inherits MT4 user base |
| PrimeXBT App | Mobile trading (Android/iOS) | - Real-time market timing tools- Powerful chart analysis- Instant order execution- Cross-platform sync |
Deposit & Withdrawal
PrimeXBT offers instant deposits and withdrawals with over 100 payment methods, including Visa, Mastercard, Skrill, Neteller, Standard Bank, Binance Pay, and more.
Mohamed Abdel Fattah
Libya
am filing a formal exposure against PrimeXBT (Account #226****) for a serious technical failure that resulted in a direct financial loss of $506.70.On my MT5 account, I opened a SELL 0.09 XAU/USD position (Ticket #31332822). While the trade was moving perfectly in my favor (Profit of +$12.96), the platform closed it automatically after only 42 seconds.The Company's Excuse: They claimed it was a 'Margin Liquidation' because my margin fell to 13.78%.The Reality: This is a technical lie. My trade was WINNING and the price was dropping in my direction. In any stable platform, a winning trade INCREASES the free margin; it does not cause liquidation.My professional analysis was 100% correct, and the market hit my target perfectly, which would have yielded $506.70. PrimeXBT’s glitchy system prevented me from this profit. I have been stalling with their support for 4 weeks with no resolution.I warn all traders: PrimeXBT may close your winning trades without authorization due to their system's
Exposure
WNAT
Indonesia
Only deposit is allowed, withdrawal is not. i have deposited my money, and when i want to withdraw, there is no available options for withdrawal. SCAM BROKER
Exposure
Healer9525
France
I'm not impressed with PrimeXBT's spreads. While they claim to offer tight spreads from 0.1 pips, I've experienced wider spreads in certain market conditions. Cryptocurrency spreads can be particularly volatile. The lack of transparency and consistency in their spreads has led to unexpected trading costs. For active traders like myself, these costs can eat into profits. I expect more reliable spreads from a reputable broker." ¹
Exposure
Krit Phanich
Thailand
I like the interface of PXTrader. When trading PEPE here, I feel that opening new orders is much easier than ordinary exchange, but one thing that still bothers me is that dragging an already opened order is quite difficult.
Neutral
FX3924393663
Malaysia
I must expose the disgusting tactics employed by the PrimeXBT forex platform. The manipulation involved is particularly egregious. My EUR/USD order experienced an abnormal slippage of over 3 pips, resulting in an $800 loss. The platform's customer service excused me by citing "market volatility," completely ignoring the industry standard of 0.5 pip slippage for legitimate platforms during major market fluctuations. This malicious slippage is clearly a technical manipulation exploiting market fluctuations. The financial trap is incredibly subtle. The platform advertises "zero commissions," but when I closed a $10,000 GBP/JPY order, I was inexplicably charged a $350 "transaction fee." This completely fails to guarantee the safety of Malaysian users' funds. Stay away from this unregulated, manipulative, and withholding platform. Protect your money!
Exposure
FX2333826258
United Arab Emirates
I want to let you k now everyone that Primexbt have removed my money of profit amount which is 14 923.51 USD. I want to mention the main thing that I haven't took any promotion from Primexbt before or during my trade. I risk my my own money during my trade and now when I am done with my profitable trade this company removed my money with giving statement that I have manipulated the company's terms and conditions. We all know that market these days very volatile and fast. Anyone can lose their money or make profits just in few minutes just because of market situation. Then who gave the rights to company to remove clients money? This behaviour is very unprofessinal. I am doing trade with my own money. Company have no rights to put such obligations just to remove my money. If they are so scared of giving withdrawals to clients then they should shut down their operation and go back to their homes. I am still requesting to primexbt to reverse my removed amount.
Exposure
IshaqJ
France
i know that there is huge emphasis on crypto here, special futures mode with take and maker fees, but dont sleep on commodities. In fact, the broker offers so many CFDs on commodities, even lead and orange juice here :) ... commodites tend to develop strong trends....however, swaps on some of the assets in this market class bite a bit, so be mindful abt that
Neutral
DeLange
South Africa
lots of crypto coins! fast withdrawals here, but fees can be bit lower
Neutral
tatgia
Vietnam
It’s quite strange to see how they offer crypto futures and CFDs at the same time, and to my surprise here I could even trade commodities. For instance, recently I traded gold since it was in a bullish trend, I stacked a nice bundle. However, I cannot say the spreads were tightest because as I understand they primarily focused on providing more favourable conditions for crypto futures.
Neutral
ShaneZondo
South Africa
Look at these mega performing tech stocks. Now go and check the powerful charge upwards by palantri stock. In 2024 it went considerably and rn I think it is in accomodation phase with a good potential to continue its upward trend. I have traded the stcok in and out catching some phases of the move. The swaps from the broker didnt result in significant fees, especially if you ride trend like that of pltr. I suggest u to look at the tech stocks, some have potential
Neutral
ApisitPhromraksa
Thailand
Trading is so much fun these days, I found a good platform and recently made a profit from Ethereum. I saw the price surge from $2610 to around $2790. Lucky to hold a Long position, but the funding rate is expensive, had to hold it for many days. Got hit with high fees. 😓
Neutral
FX3184846382
Indonesia
Initially, they offered a 100% deposit bonus. After receiving the bonus, odd things started to happen. While trading, the bonus was suddenly withdrawn and shortly after, my account suffered from negative floating. When I tried to close the position, I couldn't. The negative floating got worse and all my balance depleted to zero. I contacted customer service about the issue and they said there was an end-of-month routine check, any transactions would not affect and the balance would be fully returned to the original deposit value. I emailed them every day but the answer was always the same, just to wait without any certainty. Now it's been over 14 days, and my money has not been returned.!!
Exposure
MareneGoliath
South Africa
The interface for buy crypto for like hold (not trading) is cool , it automatically calcluate like how much coin ETHEREUM I get for my money. I like it because I can make investment planning according to these calculation. Also it is precicely, like ETH shwing 8 numbers afer 0. in my case.✨✨ BUT! They don't show here about the commission for this buy so I think they need to add it numbers.Also, It would be great if there were more methods to pay from, like maybe SKRILL!
Neutral
DameonCobb
South Africa
Overall, PrimeXBT is an exciting one-stop trading platform. I like its concept. This is probably the first platform that can be equally good for trading cfds, forex, crypto and crypto futures. However, it can be improved even more. Let’s take the funding options. I believe that such a versatile trading platform should definitely expand its payment options. Having crypto as the only accepted payment method is sort of limiting.
Neutral
TadeuCosta
Brazil
I know crypto market and overall daily use of this coins increase, but I actually prefer traditional banking methods🤨. Though, everything else, like platform and trading conditions is good, this crypto focus, not thing I prefer in money depositing.😐
Neutral
salvadorromero
Mexico
This broker offers a single account that can fit into the preference of any trader. For me, I used the demo account for a while to get an understanding of Primexbt crypto trading. The live accounts were easier to navigate following that and it has offered me great conditions
Neutral
ReinaldoP
Brazil
Platform is mainly focused on crypto, so the articles in the blog gotta be about strategies for trading popular cryptos. I feel like it needs some practical info.
Neutral
Abdulaziz Onaral
Turkey
Support is friendly and responds to my questions in detail but the speed of responses are slow.
Neutral
FX1225355498
United Kingdom
My account was blocked for no reason and I was asked to submit the relevant documents which I did. Until today I am yet to receive any response from Prime XBT. My money is also blocked on it. I need it for my child. This is so unfair!!
Neutral
FX1211224704
Cyprus
Well, I think Prime XBT’s copy trading is just amazing, truly. I made some profits on my forex trading and stock trading through copy trading. It was easy! Account managers also taught me patiently. Everything is so perfect.
Neutral
自明诚
Malaysia
Well, I think Prime XBT’s copy trading is just amazing, truly. I made some profits on my forex trading and stock trading through copy trading. It was easy! Account managers also taught me patiently. Everything is so perfect.
Neutral
Andy loh
Malaysia
I met someone online! He introduced me to investing, saying that I could make money and withdraw it at the beginning. After a few days, he suddenly asked me to download a trading software called Prime XB丁. This software is not registered and requires mobile phone approval to download. Without much thought, I downloaded and registered an account. The person suggested that I deposit 50,000 yuan first, but I thought it was too much and I didn't have the money. The person kindly advised me not to stick to the rules and to learn to "borrow a chicken to lay eggs." Afterwards, I borrowed 50,000 yuan from a friend and invested it. I then invested another 250,000 yuan, but although the profits doubled, I couldn't withdraw them.
Exposure