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PrimeXBT Broker Overview

Discover PrimeXBT, a leading multi-asset trading platform founded in 2018, offering access to cryptocurrencies, forex, commodities, and indices with advanced tools and high leverage.

Updated: 14 April 2026

Overall Rating

4.3 / 5

Min Deposit

$1

Instruments

7

Regulation

BCR, FSA +1

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About its history and mission

Founded in 2018, PrimeXBT has, among other things, become an all-inclusive platform serving various markets like cryptocurrencies, forex, commodities, and indices around the globe. It is popular for having an optimized website, targeted to cater for every need of a user and hence provides a variation in trading.

Founded
2018
Headquarters
Address
Website

Strengths and Weaknesses

Strengths

  • Low trading fees
  • No minimum deposit
  • Wide range of supported assets
  • Advanced trading tools and charting features
  • Covesting module for copy trading
  • Strong security measures, including cold storage wallets and 2FA
  • No mandatory KYC for trading
  • Fast execution time
  • 24/7 customer support
  • Demo account to learn trading
  • Unregulated platform
  • Occasional issues with mobile app performance
  • Limited fiat deposit options compared to some competitors
  • Not available in Canada and USA
  • No spot trading

Weaknesses

    Safety and Regulations

    PrimeXBT's main issues concerning regulation are that the platform is unregulated despite it being used by traders who are already leery of it. However, extremely strict security measures are in place to safeguard the client's funds and data. Client funds are held completely secured in multisignature cold storage and protected against any unauthorized access. Furthermore, 2FA is set up, and an encrypted connection is secured.

    Regulators

    • BCR
    • FSA
    • FSC

    Instruments Available

    ForexStocksMetalsIndicesEnergyCryptocurrencyCFDs

    Types of Accounts

    Standard

    Minimum deposit
    $0
    Commission
    0.1
    Available tools
    0
    Leverage
    1:1 to 1:1000
    Margin call level
    100
    Stop-out level
    50

    Premium

    Minimum deposit
    $0
    Commission
    0.1
    Available tools
    0
    Leverage
    1:1 to 1:1000
    Margin call level
    100
    Stop-out level
    50

    VIP

    Minimum deposit
    $0
    Commission
    0.1
    Available tools
    0
    Leverage
    1:1 to 1:1000
    Margin call level
    100
    Stop-out level
    50

    Fees and Charges

    The platform very transparently levies for trades whose cost is such that cryptocurrencies make a flat 0.05%; however, those involved in currency and commodity trading and in diverse markets such as indices are charged from 0.01% per trade. The overnight financing rate relates to any positions that are generally held overnight. Particular rates are available on the site. The platform shall accept deposits through cryptocurrency in forms such as Bitcoin, Ethereum, USDT, and USDC. Normally it takes only a few minutes, but it usually depends on the different Bitcoin confirmation times. Usually, no withdrawal exceeds 24 hours. There are charges involved whenever a person makes a withdrawal, for instance, a blockchain network fee, depending on the kind of cryptocurrency being used.

    Trading Platforms

    Customer Support

    Contact information not available. Visit the broker’s website for support options.

    Deposits and Withdrawals

    Deposit and withdrawal details not available. Check the broker’s website for the latest payment methods and processing times.

    FAQ

    Are there any licenses?
    PrimeXBT does not operate under a regulated environment hence may infringe upon the principles held by various traders.
    Who are the trading platforms intended for?
    PrimeXBT offers its own in-house web-based trading platform and has made mobile apps meant for both Apple's iOS and Android platforms.
    What is the minimum deposit that a trader needs to open an account?
    The account opening requirement is to have deposited at least valued equivalent to 0.001 BTC in supported currencies.
    What types of accounts does the broker offer?
    It has a single account structure allowing access to all instruments, and it incorporates every feature.
    Based on what is the payment of fees and commissions done?
    The commission and fees applied differ on various frontiers. For example, the productivity costs in a transaction would be 0.05% in cryptocurrency, whereas those transacting in metals, other currencies, and in addition to being in diverse markets such as index. Moreover, ones having stocks are charged at 0.01% per trade. The overnight financing rate is also applicable.
    What is the maximum leverage in use?
    The leverage is set at 1:1000 for forex, 1:200 in cryptocurrencies, and 1:100 for indices and commodities.
    Does the account have a demo?
    PrimeXBT does not have a demo account, but instead, there is a Covesting module on its platform where traders can interact with and learn from professionals.
    And how does customer support work?
    The customer support option can be used by filling in forms that can be seen only on their website.

    Users reviews

    No user reviews yet for PrimeXBT Broker Overview.