Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Basic information from PrimeXBT review
About the broker
| Web: | https://primexbt.com/ |
| Supported languages: | English, German, Spanish, French, Italian, Portuguese, Vietnamese, Hindi and Russian |
| Year of foundation: | 2018 |
| Holder: | PrimeXBT Trading Services LLC |
| Methods of contacting customer support: | |
| Contact: | support@help.primexbt.com |
| Deposit methods: | Debit and Credit Cards, Bitcoin |
| Withdrawal methods: | Debit and Credit Cards, Bitcoin |
About trading with PrimeXBT
| Minimum deposit: | 1 USD |
| Min. trade: | 0.01 |
Maximum leverage: The maximum available leverage can be limited by local financial regulators or by international regulations, in such case, the displayed maximum leverage may not match the leverage you can actually trade with. For instance, in the European Union, the financial regulator ESMA restricts the maximum available leverage to 1:30 when trading major currency pairs, 1:20 when trading minor pairs and commodities and 1:2 when trading cryptocurrencies. Similar restrictions apply in Australia and possibly in other jurisdictions. | 1:1000 |
| Spreads: | Variable |
Underlying assets: Might be a CFD. | Forex, commodities, indexes, cryptocurrencies |
| Base currencies: | BTC |
| Mobile app: |  |
| MetaTrader 4: |  |
| Other trading platforms: | PrimeXBT platform |
| Social trading: | |
Random reviews of competing CFD brokers: OctaFX, ATC Brokers, iForex and TickMill
Frequently Asked Questions
🧐 Is PrimeXBT a scam?
We highly recommend you to read the user reviews on our website before you start trading with this brokerage company. It will help you to determine if PrimeXBT is a scam or not.
🆓 How to open a free demo account?
Opening a demo account with PrimeXBT is very simple, just register on their website.
📱 Does PrimeXBT offer the best mobile app for trading?
PrimeXBT offers a mobile trading app and you can definitely start trading with it. It is very difficult and subjective to determine if they feature the best mobile platform. However, you are welcome to test it yourself.
We compared some reputable brokers and their mobile trading apps, check out the comparison and be saved from the hassle of testing the PrimeXBT mobile app.
We operate our website in full transparency, we recommend reliable brokers with an excellent reputation and we honestly admit to you that we receive commissions for that from these brokers. You can find the mentioned brokers in the table below with a clickable link to their site. You don't pay anything extra, you get a reliable business partner and you help us keep the website up and running. Thank you.
| Broker | English | Min. deposit | Spread EUR/USD* | Platforms | License | |
|---|---|---|---|---|---|---|
 | | 100 USD | 1.0 pips Spread was taken 22.11.2024 at 11:12 from the web or trading platform of Etoro. | In-house built platform | FCAASICCySec | etoro.comreview EUR/USD*: 1.0 pips Spread was taken 22.11.2024 at 11:12 from the web or trading platform of Etoro. |
 | | 0 | 0.9 pips Spread was taken 22.11.2024 at 11:12 from the web or trading platform of XTB. | In-house built platform | FCA CySec | xtb.comreview EUR/USD*: 0.9 pips Spread was taken 22.11.2024 at 11:12 from the web or trading platform of XTB. 74% of retail investor accounts lose money when trading CFDs with this provider |
 | | 100 USD | 0.8 pips Spread was taken 22.11.2024 at 11:12 from the web or trading platform of Plus500. | In-house built CFD platform | FCAASICCySec | plus500.comreview EUR/USD*: 0.8 pips Spread was taken 22.11.2024 at 11:12 from the web or trading platform of Plus500. 80% of retail investor accounts lose money when trading CFDs with this provider |
* The spread is variable for most brokers and changes depending on market volatility.
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Comparing spreads, fees, trading platforms, regulations and reading dozens of user reviews of all popular FX and CFD brokers is very time-consuming for every trader. That is why we have done all this hard work for you so you could already only start trading with a company that features a quick modern trading platform, a large variety of assets and a quick customer service. From our comparisons, all these criteria are met by Etoro 51% of retail investor accounts lose money when trading CFDs with this provider - advertising partner.
That is why it is important to choose the right one. Choosing the right broker often stands between profit and loss. Don't you know how to choose? We have prepared an independent article for you, which will help you with your broker selection. You will get to know, what factors are important to watch out for when you are choosing a forex/CFD broker.
If you have any experience with PrimeXBT, please share it in the comments to help others to choose the suitable broker.
A really good place indeed. Primexbt crypto trading conditions are cool, you get some nice leverage for trading crypto. 👍
They are also regulated, guarrantees the safety of funds
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PrimeXBT offers A lot of trade options with good trading conditions.
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I was able to verify everything I learned from PrimeXBT reviews on my own experience.
⭐PrimeXBT is a truly reliable and secure trading platform.
⭐I had opportunity to directly connect MetaMask wallet ,which is really convenient to deposit trading account and then withdraw profit
⭐And of course trading conditions (leverage and commissions)
Indeed, trading conditions here are favorable
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I think they have good prices here at Primexbt. Crypto Futures with – 0.01 and 0.02% maker and taker fees.
Plus, they got:
– powerful chart
– easy depo and withdrawal
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Primexbt has various trading assets, although it’s popularly known for crypto exchange you can still trade forex and other commodities.
The great trading conditions also makes it a top pick…
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this is crypto broker with perfect reputation + lowest fees than Binance by 6 times. + has CFDs too
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Mainly I’m trading crypto futures and I should admit that PrimeXBT crypto futures are the best assets I have ever trading. I mean they provide such beneficial conditions and it would be a shame to complain about trading conditions , there is a high leverage available on the cross margin. By the way, the company has been working for over 6 years and it inspires confidence without any hesitation. 😁
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I think that currency pairs that are also available on PrimeXBT platform can also be called a “comfortable” asset for trading.
From the point of view of trading conditions, currency pairs look good
Here is quite a peculiar demo account… I understood how it worked but it took a little bit more time than I had expected.
Anyway, it looks even more modern than classical demo platform…
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Trading with PrimeXBT is 100% stress free. I am able to deposit and withdraw without any hassle.
My Primexbt review is based on the trading conditions which are very great as the spreads are tight and no commission is collected.
It’s a good broker that can be used for long term trading.
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On the pc(Windows) platform is super.
I wonder what’s on the mobile phone, is it also good…💭🤔
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Got started with $100 and doubled it in a day on Bitcoin with this margin. It’s risky tho..
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No doubt that this is the platform to trade with when trading crypto . They have split their platform into three parts, one for the crypto exchange, the second is the CFD trading platform, and the third is trading futures. The primexbt crypto futures are a good way to go long.
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The PrimeXBT trading platform is so simple that even my grandma can learn to trade. It was a refreshing experience since I switched here. Previously I had trouble understanding what was going on.
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Primexbt commissions for any type of crypto activity is pretty dang good. Maker, taker fees, buying commission, even the copy trading payouts are attractive for both parties: copier and provider!
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looks like this platform is well suited for trading crypto futures.for example BTC and ETH. imho
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I want to share my experience of making transactions through PrimeXBT crypto exchange.
Mainly I transfer funds via USDT cryptos. Everything works smoothly and without serious delays. GJ, PrimeXBT!
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With PrimeXBT trading crypto for me has improved dramatically. It is a lot easier to short dips in the market.
I also participate in trading battles, never won one, but I feel I am improving through them 🤗
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PrimeXBT offers crypto futures with beneficial conditions for trading. I mean the commissions on these assets are really cheaper than from other crypto exchanges. These are:
-Maker 0,01% fee
-Taker 0,02% fee
I have worked with many other crypto exchanges but the cost of commission here is really cost efficient. I’m glad that I came across PrimeXBT!
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Didn’t expect their custom trading app to be this friendly! Good interface, tho.
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I didn’t find it too friendly tobh. It’s functional – yes of course! But by no means friendly, especially for newbies. I feel for them:)
I want to share my impressions about PrimeXBT crypto trading platform. I was impressed by their beautiful user interface and it is really better than from other crypto exchanges that I’m ready to glance at several hours in a row without blinking an eye.
By the way, their proprietary trading platform is lit af! It is multifunctional and I like that I can trade with high leverage on the crypto market. The commissions for maker and taker are pretty low for the former 0,01% and for the latter 0,02%.
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I have been having a tough time understanding the crypto futures and how to trade them, and even navigating the platform in general. So you can imagine that it is only natural for me to have so many questions to ask.
I have relied heavily on the support team and I just have to thank them for being amazing… if they get to see it. I understand the platform a lot better and they even helped me find information that has really helped me with understand ing the crypto futures.
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I’d like to mention trading platform and support as the calling cards of Primexbt.
The support team is absolutely fantastic! They are very knowledgeable, considering that the crypto sphere is not an easy one. Props to them! Keep it up!💪
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I must admit that my onboarding experience with PrimeXBT was much easier and simpler than I initially thought it would be. For traders like me who have been used to trading with conventional brokers, it might be a bit overwhelming to switch to this platform with a completely different concept, but it was not a big deal. The trading app was quite simple. It has a logical structure, so it makes it easy to get accustomed to it.
Regarding the trading terms… I think no words should be wasted. This was the reason to came here in the first place, and I recommend this platform for its attractive trading conditions.
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There are plenty of markets to trade with at Primexbt: futures, cryptos, and even the forex or indices.
I guess this is the strong side of it. I can’t trade fx pairs on any other crypto exchange no matter how big it is. and because I came from the forex trading background I stil want to be engaged in forex trading with good leverage
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some guys online say that this platform doesn’t ensure full-fledged protection of data and funds, thus it can’t be fully trusted. it’s ridiculous and HILARIOUS at the same time =DD
Primexbt has the widest pool of measures employed specifically to ensure full-fledged protection, as crypto trading implies a lot of risks that aren’t always connected to price fluctuations only.
so, I urge other to think twice or at least… enter the website and get convinced of the broker’s reliability.
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PrimeXBT is not only for crypto trading, other assets can be traded too.
I just think that the broker put more emphsis towards Crypto Futures module, because the fees there are better compared to the Global Markets. On Global Markets, on fx pairs, the spreads are high in my view.
As for the execution on the platform, it is good, works with no noticeable delays. And the platform itself is easy to use
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I casually stumbled upon PrimeXBT crypto platform and decided to trade futures. Surely, I commenced with classical BTC/USDT, LTC/USDT and others and should say that it was an interesting adventure for me. Volatility sometimes made me tremble for real, because on futures with big leverage, even slight price fluctuations make you nervous 😀
Bet you can relate.
Still it’s all about risk management.
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My deposit and money Withdrawals have always been without issues and are always fast plus the trading fees of primeXBT make it cost effective. The primexbt reviews are mostly positive indicating that the broker is consistent with providing solid services.
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From the point of trading environment and that access to a wide range of crypto pairs that can be traded on both global market and as futures, then PrimeXBT has no equals. But it’s just my opinion.
Their platform is intuitive, navigation raises no questions at all + you can easily trade with both cross and isolated margin.
I had questions about their reputation, I mean licenses and other legal stuff. Well, it’s quite okayish, these guys can freely operate in the market.
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