PrimeXBT Review
- Regulated in South Africa by the FSCA
- Leverage up to 1000:1 on a variety of assets
- Crypto-centric platform with integrated social trading features
Thinking about trading with PrimeXBT in 2025? We are diving into what this modern, crypto-focused platform offers, from its regulatory standing and unique features to its available trading platforms and fee structure.
Trading Costs: Understanding PrimeXBT's Pricing
A key factor in your trading costs is the spread, which is the difference between the bid (sell) and ask (buy) price of an asset. PrimeXBT offers a fee structure based on competitive trading fees and tight spreads, which can fluctuate depending on the asset's liquidity and market volatility.
Currently, we do not have any live accounts connected to our spread analyser tool for this broker. Therefore, we cannot compare how competitive their spreads are versus other top CFD brokers. Users should check the pricing directly on the broker's trading platform to assess how competitive they are.
PrimeXBT User reviews
While we are still in the process of aggregating verified user reviews for PrimeXBT, the platform has been building its reputation since its founding in 2018. It has carved out a niche as a modern, crypto-forward brokerage that also provides access to traditional financial markets. Its focus on social trading and multi-asset accounts from a single dashboard are key features of its offering.
PrimeXBT's offering is defined by its flexible regulatory environment and technologically advanced platform. By operating under regulators like the FSCA and FSA (Seychelles), it can provide features sought after by many traders, such as high leverage up to 1000:1. This, combined with a user-friendly proprietary platform and a focus on cryptocurrency integration, forms the core of its appeal.
Regulation: A Multi-Jurisdictional Approach
| Company | Licenses & Regulations | Segregated Client Money | Deposit Compensation Scheme | Negative Balance Protection | Rebates | Max. Leverage Retail Clients |
|---|---|---|---|---|---|---|
| PrimeXBT (PTY) LTD |
|
|
|
|
1000 : 1 | |
| PXBT Trading Ltd |
|
|
|
|
1000 : 1 |
PrimeXBT operates under a multi-jurisdictional regulatory model. Its entities are licensed by the FSCA in South Africa and the FSA in Seychelles. This framework allows the broker to offer flexible trading conditions that appeal to a global client base, including high leverage options that may not be available in more restrictive regulatory regions.
Available Assets: Crypto, Forex, and Global Indices
PrimeXBT provides traders with access to a diverse range of popular markets. The platform is particularly strong in cryptocurrencies, offering many of the most traded digital assets. In addition, clients can trade CFDs on a variety of forex pairs, global indices, and key commodities like metals and energies, all from a single account.
Swap Rates: Overnight Fees Explained
Swap rates, commonly known as overnight fees, are charges applied to leveraged positions that are held open from one day to the next. These fees can be a cost (debit) or, less frequently, a credit to your account, reflecting the cost of holding a leveraged position. For anyone planning to hold trades for more than a single day, this is a critical cost to consider.
Currently, we do not have any live accounts connected to our swap analyser tool for this broker. Therefore, we cannot compare how competitive their swap rates are. Users should check the overnight funding fees for each instrument directly on the PrimeXBT platform.
Trading Platforms: Proprietary Tech and Classic MT5
| Platform | Key Advantages | Best For |
|---|---|---|
| PrimeXBT Platform |
|
|
| MetaTrader 5 (MT5) |
|
|
PrimeXBT offers traders a choice between its powerful proprietary trading platform, which is known for its intuitive design and integrated copy trading features, and the globally acclaimed MetaTrader 5 (MT5). This provides flexibility for traders who prefer a modern, all-in-one solution or the familiar environment of a classic platform.
Deposit/Withdrawals: A Crypto-Centric Funding System
| Method* | Deposit Type | Account Currencies |
|---|---|---|
| Cryptocurrency | Direct wallet-to-wallet transfer | BTC, ETH, USDT, USDC, etc. |
| Credit/Debit Card | Purchase crypto via third-party service | Fiat (USD, EUR, etc.) to buy crypto |
| E-wallets | Skrill, Neteller, Binance Pay, etc. | Fiat (USD, EUR, etc.) |
PrimeXBT operates primarily with a crypto-centric funding model. The main way to fund an account is by directly depositing cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), USDT, or USDC into your secure personal wallet on the platform. For those who do not own crypto, the platform facilitates the purchase of digital assets using a credit or debit card through integrated third-party partners.
*Please note that methods may vary depending on your jurisdiction. For more details, you can visit the official PrimeXBT website.
It is also important to be aware of potential third-party costs. While PrimeXBT may have its own fee structure, the third-party services for buying crypto with a card will have their own processing fees, and standard network fees will apply to all crypto transactions.
PrimeXBT Account types
| PrimeXBT | |
| Maximum leverage | 1000:1 |
| Mobile Platform | Proprietary |
| Trading platform | MT5, WebTrader, Proprietary |
| Spread Type | Variable Spread |
| Minimum Deposit | 10 |
| Minimum Trade Size | 0.01 |
| Trailing Stops | |
| Scalping Allowed | |
| Hedging Allowed | |
| Islamic Accounts |
| PrimeXBT | |
| Maximum leverage | 1000:1 |
| Trading platform | MT5WebTraderProprietary |
| Mobile platform | Proprietary |
| Spread type | Variable Spread |
| Minimum deposit | 10 |
| Minimum Trade Size | 0.01 |
| Trailing Stops | |
| Scalping Allowed | |
| Hedging Allowed | |
| Islamic Accounts |
|
PrimeXBT simplifies the trading experience by offering a streamlined and versatile account structure. Traders can get started with a very low minimum deposit of just $10, making the platform highly accessible. A key feature is the high leverage available, which can go up to 1000:1, providing significant flexibility for various trading strategies. The account fully supports different trading styles, including scalping and hedging, and offers Islamic account options for traders who require them.
PrimeXBT Profile
| Company Name | PrimeXBT (PTY) LTD. |
| Categories | Forex Brokers, Forex Rebates |
| Primary Category | Forex Brokers |
| Year Founded | 2018 |
| Headquarters | Cyprus |
| Office Locations | Cyprus |
| Account Currency | USD, BTC, USDT |
| Support Languages | Arabic, Chinese, English, French, Hindi, Spanish, Thai, Vietnamese |
| Funding Methods | Bank Wire, Credit/Debit Card, E-wallets |
| Financial Instruments | Forex, Indices, Oil/Energies, Cryptocurrencies, Metals, Soft Commodities (coffee, sugar...) |
The PrimeXBT profile on FxVerify gives you a full rundown of the company's background, including its founding year, regulatory licenses, supported account currencies, and available features. All the essential information is consolidated in one place for your convenience.
PrimeXBT Web traffic
Our web traffic data is sourced from SimilarWeb and sums the traffic data of all websites associated with a broker. Organic visits are visits the broker didn't pay for, based on the available data. This data updates once monthly and can be based on data purchased from internet service providers, traffic metrics sourced by a third party such as Google Analytics that the company chooses to share with SimilarWeb, etc.
| Websites |
primexbt.com
|
| Organic monthly visits | 258 (99%) |
| Organic traffic rank | 892 out of 1780 (Forex Brokers) |
| Paid monthly visits | 3 (1%) |
| Total monthly visits | 261 |
| Bounce rate | 48% |
| Pages per visit | 1.00 |
| Average visit duration | 00:00:00 |
Promotions
PrimeXBT is known to offer various promotions and bonuses to its clients. These can include deposit bonuses or other rewards for using its services. For the most current and detailed information on any available offers, it is always best to check their official website directly.