PrimeXBT Review 2025
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $10
- WebTrader
- MetaTrader5
- Mobile application
- FSA
- FSCA
- BCR
- FSC
Our Evaluation of PrimeXBT
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
PrimeXBT is a moderate-risk broker with the TU Overall Score of 6.9 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by PrimeXBT clients on our website, Traders Union expert Anton Kharitonov recommends users to thoroughly analyze pros and cons before opening an account with this broker as not all clients are satisfied with the company, according to reviews.
Brief Look at PrimeXBT
PrimeXBT, launched in 2018, is a popular broker for trading in the Forex market, cryptocurrencies, commodities, and indices. It allows trading with leverage up to 1:1000 and offers a wide range of assets, demo accounts, and educational resources for beginners. PrimeXBT is a Forex and CFD broker registered in Saint Lucia. It holds licenses from regulators in South Africa, the Republic of Seychelles, Mauritius and El Salvador. PrimeXBT’s services are accessible in over 150 countries, although residents of the U.S., Canada, and other restricted jurisdictions are not permitted to trade on the platform.
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- Regulation across multiple countries and participation in a compensation fund.
- A wide selection of assets for trading.
- Leverage up to 1:1000.
- The minimum deposit is just $10.
- Access to copy trading.
- User-friendly mobile trading apps.
- Availability of educational resources and market analysis.
- Limited opportunities for passive income.
- No cent accounts.
TU Expert Advice
Financial expert and analyst at Traders Union
PrimeXBT is a highly reliable broker with multiple licenses. This makes it a suitable choice for traders who prioritize security and compliance with international standards. PrimeXBT offers a wide range of trading instruments, including cryptocurrencies, forex, commodities, and indices, attracting both novice and experienced traders. The $10 minimum deposit enables trading with minimal initial investment, while the copy trading system offers passive income opportunities for those seeking to profit from the strategies of professional traders.
PrimeXBT employs modern security measures, such as cold storage of assets, two-factor authentication, and DDoS attack protection, to ensure the security of client funds. A user-friendly interface, quick market access, and educational materials are among the broker’s advantages. However, PrimeXBT’s services are not available in all countries, which may limit its accessibility for some traders.
Overall, PrimeXBT is a licensed broker with high-security standards and a wide range of trading opportunities. While it may offer limited options for passive investors, its flexible solutions and conducive trading environment cater to both novice and experienced traders.
PrimeXBT Trading Conditions
Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
| 💻 Trading platform: | MetaTrader 5 (MT5), WebTrader, PrimeXBT mobile applications |
|---|---|
| 📊 Accounts: | Demo, Real, Swap Free Account |
| 💰 Account currency: | USD, cryptocurrencies |
| 💵 Deposit / Withdrawal: | Cryptocurrencies, Visa, Mastercard, Volet, e-wallets, local payment methods, Local bank payments in India, Pakistan, and LATAM countries |
| 🚀 Minimum deposit: | $10 |
| ⚖️ Leverage: | Up to 1:1000 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | 0.01 |
| 💱 EUR/USD spread: | 0,7-1,6 pips |
| 🔧 Instruments: | Forex, CFDs on metals, indices, energies, stocks, cryptocurrencies, crypto futures |
| 💹 Margin Call / Stop Out: | 100%/30% |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | Market, Limit, Stop, OCO |
| ⭐ Trading features: | Copy trading is available, and trading all asset classes from a single account |
| 🎁 Contests and bonuses: | Yes |
PrimeXBT provides CFD trading on various asset classes, including currencies, stocks commodities, and indices, as well as cryptocurrencies, which also include futures contracts. Leverage levels depend on the traded instrument: a maximum of 1:1000 for currencies, 1:100 for energies and indices, 1:200 for cryptocurrencies, and 1:500 for metals.
PrimeXBT Key Parameters Evaluation
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MX Miguel Hidalgo
MY Kuala Lumpur
MY Kulai
Trading Account Opening
To create a user account on PrimeXBT, follow these simple steps:
Click "Open Account" or "Register".
Provide your email address and create a strong password.
Without verification, the maximum deposit is $2,000. To deposit larger amounts, fill out a form with personal details and submit documents for verification.
Additional features of PrimeXBT’s user account allow traders to:
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Deposit funds.
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Select the interface language.
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Generate a referral link and view referral statistics.
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Submit withdrawal requests.
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Configure notifications and security settings.
Regulation and safety
PrimeXBT has a safety score of 6.2/10, which corresponds to a Medium security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Is regulated
- Negative balance protection
- Not tier-1 regulated
- Track record of less than 8 years
PrimeXBT Regulators and Investor Protection
| Abbreviation | Full Name | Country of regulation | Investor Protection Fund | Regulation Level |
|---|---|---|---|---|
 FSCA SA |
Financial Sector Conduct Authority of South Africa | South Africa | No specific fund | Tier-2 |
 FSC (Mauritius) |
Financial Services Commission of Mauritius | Mauritius | No specific fund | Tier-3 |
 FSA (Seychelles) |
Financial Services Authority of Seychelles | Seychelles | No specific fund | Tier-3 |
PrimeXBT Security Factors
| Foundation date | - |
| Negative balance protection | Yes |
| Verification (KYC) | Yes |
Commissions and fees
The trading and non-trading commissions of broker PrimeXBT have been analyzed and rated as High with a fees score of 4/10. Additionally, these commissions were compared with those of the top two competitors, Pepperstone and OANDA, to provide the most comprehensive information.
- No inactivity fee
- No deposit fee
- Above-average Forex trading fees
- No ECN/Raw Spread account
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of PrimeXBT with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, PrimeXBT’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
PrimeXBT Standard spreads
| PrimeXBT | Pepperstone | OANDA | |
| EUR/USD min, pips | 0,7 | 0,5 | 0,1 |
| EUR/USD max, pips | 1,6 | 1,5 | 0,5 |
| GPB/USD min, pips | 1,3 | 0,4 | 0,1 |
| GPB/USD max, pips | 2,1 | 1,4 | 0,5 |
Does PrimeXBT support RAW/ECN accounts?
As we discovered, PrimeXBT does not offer RAW/ECN accounts, which might be a drawback for transparency and liquidity. However, this doesn't make the broker uncompetitive. Consider factors like spread levels, execution speed, regulation, support quality, and trading tools when choosing a reliable broker.
Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with PrimeXBT. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
PrimeXBT Non-Trading Fees
| PrimeXBT | Pepperstone | OANDA | |
| Deposit fee, % | 0 | 0 | 0 |
| Withdrawal fee, % | Up to 1 | 0 | 0 |
| Withdrawal fee, USD | 0 | 0 | 0-15 |
| Inactivity fee ($, per month) | 0 | 0 | 0 |
Account types
To start earning with PrimeXBT, open a live account on their website, complete verification, and fund your account. By default, accounts are created on PrimeXBT’s proprietary WebTrader platform, but traders can switch to MT5 or mobile apps.
Account types:
Deposit and withdrawal
PrimeXBT received a Low score for the efficiency and convenience of its deposit and withdrawal processes.
PrimeXBT offers limited payment options and accessibility, which may impact its competitiveness.
- No deposit fee
- BTC available as a base account currency
- Bank card deposits and withdrawals
- Minimum deposit below industry average
- Wise not supported
- PayPal not supported
- No bank wire option
What are PrimeXBT deposit and withdrawal options?
PrimeXBT offers a limited selection of deposit and withdrawal methods, including Bank Card, BTC, USDT, Ethereum. This limitation may restrict flexibility for users, making PrimeXBT less competitive for those seeking diverse payment options.
PrimeXBT Deposit and Withdrawal Methods vs Competitors
| PrimeXBT | Plus500 | Pepperstone | |
| Bank Wire | No | Yes | Yes |
| Bank card | Yes | Yes | Yes |
| PayPal | No | Yes | Yes |
| Wise | No | No | No |
| BTC | Yes | No | No |
What are PrimeXBT base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs for clients worldwide. PrimeXBT supports the following base account currencies:
What are PrimeXBT's minimum deposit and withdrawal amounts?
The minimum deposit on PrimeXBT is $20, while the minimum withdrawal amount is $0. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact PrimeXBT’s support team.
Markets and tradable assets
PrimeXBT offers a limited selection of trading assets compared to the market average. The platform supports 100 assets in total, including 45 Forex pairs.
- Crypto trading
- 45 supported currency pairs
- Commodity futures are available
- Bonds not available
- No ETFs
Supported markets vs top competitors
We have compared the range of assets and markets supported by PrimeXBT with its competitors, making it easier for you to find the perfect fit.
| PrimeXBT | Plus500 | Pepperstone | |
| Currency pairs | 45 | 60 | 90 |
| Total tradable assets | 100 | 2800 | 1200 |
| Stocks | Yes | Yes | Yes |
| Commodity futures | No | Yes | Yes |
| Crypto | Yes | Yes | Yes |
| Stock indices | Yes | Yes | Yes |
| Options | No | Yes | No |
Investment options
We also explored the trading assets and products PrimeXBT offers for beginner traders and investors who prefer not to engage in active trading.
| PrimeXBT | Plus500 | Pepperstone | |
| Bonds | No | No | No |
| ETFs | No | Yes | Yes |
| Copy trading | Yes | No | Yes |
| PAMM investing | No | No | Yes |
| Managed accounts | No | No | No |
Customer support
PrimeXBT's support team is available 24/7.
Advantages
- Online chat on the site
- 24/7 support
Disadvantages
- Delayed responses
- No phone support
PrimeXBT’s communication methods:
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Online chat.
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Email.
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Facebook.
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X (formerly Twitter).
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Reddit.
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Discord.
Contacts
| Registration address | 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia |
|---|---|
| Regulation | FSA, FSCA, BCR, FSC |
| Official site | https://primexbt.com/ |
| Contacts |
Education
PrimeXBT offers a variety of educational resources to empower traders with the knowledge and skills they need to succeed. A free 11-lesson course for beginners, expertly guided by professional trader Dirk Hartig, is readily available. The company holds live webinars on a monthly basis.
Comparison of PrimeXBT with other Brokers
| PrimeXBT | Eightcap | XM Group | RoboForex | Octa | FxPro | |
| Trading platform |
MetaTrader5, Mobile application, WebTrader | MT4, MT5, TradingView | MT4, MT5, MobileTrading, XM App | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | MetaTrader4, MetaTrader5, OctaTrader | MT4, MobileTrading, MT5, cTrader, FxPro Edge |
| Min deposit | $10 | $100 | $5 | $10 | $25 | $100 |
| Leverage |
From 1:1 to 1:1000 |
From 1:30 to 1:500 |
From 1:1 to 1:30 |
From 1:1 to 1:2000 |
From 1:40 to 1:1000 |
From 1:1 to 1:500 |
| Trust management | No | No | No | No | No | No |
| Accrual of % on the balance | No | No | No | 10.00% | No | No |
| Spread | From 0.1 points | From 0 points | From 0.8 points | From 0 points | From 0.6 points | From 0 points |
| Level of margin call / stop out |
100% / 30% | 80% / 50% | 100% / 50% | 60% / 40% | 25% / 15% | 25% / 20% |
| Order Execution | Market Execution, Limit, OCO | Market Execution | Market Execution | Market Execution, Instant Execution | Market Execution | Market Execution |
| No deposit bonus | No | No | No | No | No | No |
| Cent accounts | No | No | No | Yes | No | No |
Detailed Review of PrimeXBT
PrimeXBT ensures a high level of security through a variety of measures, including withdrawal address whitelisting, cold asset storage with multi-signature authorization, two-factor authentication, cryptographic data encryption, and DDoS protection via Cloudflare. Regular IT audits help identify and mitigate emerging threats. Users can deposit Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC), as well as fiat currencies. PrimeXBT offers a wide selection of trading assets and allows for automated trading through a copy trading system.
PrimeXBT’s trading platforms:
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MetaTrader 5 (MT5). A classic trading platform for Forex and CFD trading, available in various versions. Traders can use desktop or browser-based platforms, as well as mobile applications.
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WebTrader. PrimeXBT’s proprietary trading platform requires no installation and works across devices, including smartphones, laptops, and PCs.
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PrimeXBT Mobile Apps. The company's proprietary software is tailored for smartphones, supporting all basic functions available in WebTrader.
PrimeXBT by the numbers:
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Founded in 2018.
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Over 1 million clients.
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Coverage across more than 150 countries.
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Offers 350+ trading instruments.
PrimeXBT’s analytical services:
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Cryptocurrency trading includes spot trading of Bitcoin, Ethereum, Litecoin, and other coins, as well as futures and CFD trading on cryptocurrencies.
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CFD trading involves contracts for differences on Forex, indices, and commodities.
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Copy trading.
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Market research, analytics, educational articles, and videos.
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Referral program.
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Trading tournaments.
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Quick purchase of digital assets using Visa and Mastercard.
Promotions and bonuses:
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Welcome bonus of up to $500.
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Rewards for completing tasks such as making deposits or executing trades.
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Bonuses for trading volume.
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Cash prizes for winning trading competitions.
Advantages:
Support in multiple languages.
High-security standards, including cold asset storage.
24/7 client support.
Ability to trade multiple markets from a single account.
High-speed order execution.
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