PrimeXBT in 60 Seconds
| Question | Answer |
|---|---|
| Main reason to consider PrimeXBT | Trade forex, indices, commodities, stocks and cryptocurrencies through one broker, including crypto futures. |
| Biggest drawback | Many products use leverage and derivatives; customer support can struggle with funding and technical issues that need resolution. |
| Minimum deposit | $1–$10, depending on the fiat card or cryptocurrency funding rail; listed payment methods in the funding table have a $10 minimum. |
| Pricing model | Floating spreads, commissions and overnight swap charges; the specific cost depends on the product and account. |
| Main platforms | PXTrader 2.0, MetaTrader 5 and the PrimeXBT App. |
| Main markets | Forex, indices, commodities, stocks and cryptocurrencies. |
| Maximum leverage | Up to 1:1000–1:2000 on forex pairs and indices; up to 1:200 on crypto futures. |
| Best suited to | Traders who want leveraged exposure to several market categories and are comfortable using CFDs or crypto futures. |
| Less suited to | Investors seeking direct ownership of shares or traders who need consistently responsive help with funding and technical problems. |
PrimeXBT brings several leveraged markets together, but that breadth does not make the products equivalent to owning the underlying assets. The practical decision is whether the platform range and market access justify the risks and support limitations.
Pros
- Offers forex, indices, commodities, stocks, cryptocurrencies and crypto futures through its trading ecosystem.
- Provides MetaTrader 5 alongside its proprietary PXTrader 2.0 platform and mobile app.
- Supports demo and Islamic accounts, copy trading, social trading and API trading.
Cons
- Stock exposure is through CFDs, and cryptocurrency products are CFDs or leveraged futures rather than ordinary share-style investments.
- Leverage reaches 1:1000–1:2000 on forex pairs and indices.
- Customer support can be inconsistent with technical and deposit or funding problems.
How PrimeXBT Works
The basic trading model
PrimeXBT is a market maker. Its product range combines leveraged forex trading and derivatives across indices, commodities and stocks with cryptocurrency CFDs and leveraged crypto futures. Share CFDs do not confer ownership of the underlying shares; index exposure is through leveraged derivatives, and commodity exposure is mainly through derivatives linked to spot or futures prices.
Clients can use the proprietary PXTrader 2.0 environment, the PrimeXBT App or MetaTrader 5, with the precise product and account setup varying by platform and legal entity. Copy trading, social trading and API trading are also offered. A demo account is available for practice.
Important regional differences
PrimeXBT restricts residents of the United States, Japan, Canada, Cuba, Israel, Iran, New Zealand, Syria, North Korea, Sudan, the US Minor Outlying Islands, American Samoa, Russia, Myanmar, Saint Lucia, Puerto Rico, Guam, the US Virgin Islands and the Northern Mariana Islands. Product availability, leverage and pair access can also differ by account and legal entity.
The Costs That Matter
Trading costs
PrimeXBT uses floating spreads and charges commissions, but the commission amount depends on the applicable product and account terms. The figures below are average spreads, not minimum advertised spreads.
| Instrument | Typical / Average Spread | Commission |
|---|---|---|
| EUR/USD | 0.95 pips | MT5 Pro: no standard trade commission; cost is spread plus applicable swap/admin fees. PXTrader 2.0 uses tiered maker/taker fees. |
| GBP/USD | 0.7 pips | MT5 Pro: no standard trade commission; cost is spread plus applicable swap/admin fees. PXTrader 2.0 uses tiered maker/taker fees. |
| Gold (XAU/USD) | 0.35 points | MT5 Pro: no standard trade commission; cost is spread plus applicable swap/admin fees. PXTrader 2.0 uses tiered maker/taker fees. |
| S&P 500 CFD | 0.2 points | MT5 Pro: no standard trade commission; cost is spread plus applicable swap/admin fees. PXTrader 2.0 uses tiered maker/taker fees. |
Overnight swap fees apply. These can matter to traders who keep leveraged positions open beyond the trading day.
Non-trading costs
PrimeXBT charges no deposit fee, monthly inactivity fee or currency-conversion fee. Fiat withdrawals are generally free, while cryptocurrency withdrawals incur blockchain network fees; the exact withdrawal charge depends on the payment method or provider and should be checked in the client area before confirming.
Cost takeaway
The floating-spread model and commissions mean a headline spread alone is not enough to estimate the full cost of a trade. Frequent traders should account for both spread and commission, while longer-term leveraged positions also need to factor in overnight swaps. No inactivity charge reduces the cost of leaving an account dormant.
The Costs That Matter
- Average spreads are 0.95 pips on EUR/USD and 0.7 pips on GBP/USD.
- PrimeXBT charges commissions and overnight swaps in addition to floating spreads.
- There is no monthly inactivity fee or currency-conversion fee.
Choosing Your PrimeXBT Setup
Account options
PrimeXBT offers PXTrader, PXTrader 2.0 and MT5 Pro account types. PXTrader was retired and replaced by PXTrader 2.0 from 1 May 2026, so PXTrader 2.0 and MT5 Pro are the relevant platform choices for a current setup.
| Criterion | PXTrader | PXTrader 2.0 | MT5 Pro |
|---|---|---|---|
| Pricing model | Discontinued on May 1, 2026; use current PXTrader 2.0 pricing instead. | maker 0.01%; taker 0.02%–0.045% depending on volume tier. | spreads from 0.0 pips; no standard trading commission, with swap/administrative charges where applicable. |
| Minimum deposit | Not applicable to the discontinued PXTrader product; use current PXTrader 2.0 terms. | no account-specific minimum; funding-method minimums are typically $5–$30. | $1. |
| Platform access | PXTrader; retired | PXTrader 2.0 | MetaTrader 5 |
| Main restriction | Retired and replaced by PXTrader 2.0 from 1 May 2026 | Product-dependent leverage and fees | Fee terms depend on region and product |
| Most relevant for | Legacy/discontinued product; current users were migrated to PXTrader 2.0. | Traders using the proprietary CFD and crypto-futures environment | Traders seeking MetaTrader 5 access |
PXTrader 2.0 combines CFDs and crypto futures in the proprietary environment, while MT5 Pro gives access to MetaTrader 5. The platform choice matters more than a comparison of account labels alone because exact pricing and minimum-deposit terms vary by region or product.
Platform choices
| Platform | Web | Desktop | Mobile | Automation | Main Limitation |
|---|---|---|---|---|---|
| PXTrader | Retired — no longer available | Retired — no longer available | Retired — no longer available | N/A — retired platform | PXTrader was fully decommissioned and replaced by PXTrader 2.0 from 1 May 2026. |
| PXTrader 2.0 | Yes | No | Yes | No native user-programmable algorithmic engine identified; custom automation, where available, uses another supported platform/API. | Public technical documentation is limited. |
| PrimeXBT App | No | No | Yes | No native user-programmable algorithmic engine identified; custom automation, where available, uses another supported platform/API. | Mobile-specific interface; the app does not provide native advanced programmable automation. |
| MetaTrader 5 | Yes | Yes | Yes | Yes — Expert Advisors (MQL5), Strategy Tester and MQL5 automation on desktop/VPS | Full EA/custom-code development and testing are desktop/VPS-centric; browser/mobile versions are primarily for trading and monitoring. |
| WebTrader | No | No | No | Not verified | Browser-focused platform; a native desktop-style custom-code automation environment is not provided. |
Base currency and account configuration
Account base currencies are USD, USDT and USDC. PrimeXBT charges no currency-conversion fee. Islamic accounts and demo accounts are available.
Choosing Your PrimeXBT Setup
- PXTrader was replaced by PXTrader 2.0 from 1 May 2026.
- MetaTrader 5 is available through the MT5 Pro account.
- Base currencies are USD, USDT and USDC; demo and Islamic accounts are offered.
What You Can Trade
PrimeXBT spans traditional leveraged markets and cryptocurrency products. Product structure matters: several categories provide derivative exposure rather than ownership of the underlying asset.
| Market | Approx. Number | Important Detail |
|---|---|---|
| Forex | 99 | Leveraged FX trading; leverage, swap charges and pair availability can differ by account and legal entity. |
| Indices | 19 | Exposure is through leveraged derivatives rather than ownership of an index; pricing, trading hours and overnight charges can differ. |
| Commodities | 24 | Exposure is mainly through leveraged derivatives linked to spot or futures prices; rollover, financing and trading-hour breaks can apply. |
| Stocks | 16 | Share exposure is through CFDs, so clients do not own the underlying shares. |
| Bonds | Not Offered | - |
| Cryptocurrencies | 39 | Includes crypto CFDs and leveraged crypto futures; these are trading contracts rather than ordinary share-style investments. |
| Other | 174 | The wider range includes leveraged crypto futures in addition to CFDs on global markets. |
What You Can Trade
- The range includes 99 forex markets, 19 indices and 24 commodities.
- Stock exposure is through CFDs rather than ownership of shares.
- The cryptocurrency range includes CFDs and leveraged futures, with 39 cryptocurrencies in the category.
What Trading Is Like in Practice
Order execution
PrimeXBT operates as a market maker, and slippage can occur under normal market conditions. The broker’s specifications include a minimum lot size of 0.01. No execution-speed figure or detailed order-type schedule is available here, so traders should not assume a particular fill speed or price-improvement policy.
Leverage, margin and stop-out
Maximum leverage reaches 1:1000 to 1:2000 on forex pairs and indices, while crypto futures are capped at 1:200. The applicable leverage depends on the product and legal entity. A margin call is triggered at 100%; the standard stop-out level is 40%–50%. MT5 Pro accounts can have an optional “Zero Stop-Out” feature that allows margin to fall to 0%.
These limits make product and account selection important: the maximum leverage is not uniform across markets, and the Zero Stop-Out feature is specific to MT5 Pro accounts where offered.
Trading restrictions
PrimeXBT allows scalping, hedging and news trading. API trading is also offered. Product availability and leverage can vary by account and legal entity, and residents of the restricted countries cannot open an account.
Day-to-day usability
PXTrader 2.0 is the current proprietary platform, with web and mobile access. MetaTrader 5 is available on web, desktop and mobile; its Expert Advisors, Strategy Tester and MQL5 automation are desktop/VPS-centric. PrimeXBT does not offer VPS hosting.
What Trading Is Like in Practice
- Slippage can occur under normal market conditions, and the minimum lot size is 0.01.
- Forex and indices can reach 1:1000–1:2000 leverage; crypto futures are capped at 1:200.
- PrimeXBT allows scalping, hedging and news trading; MT5 Pro can have an optional Zero Stop-Out feature.
From Sign-Up to First Trade
1. Eligibility
PrimeXBT does not accept clients from the United States, Japan, Canada, Cuba, Israel, Iran, New Zealand, Syria, North Korea, Sudan, the US Minor Outlying Islands, American Samoa, Russia, Myanmar, Saint Lucia, Puerto Rico, Guam, the US Virgin Islands or the Northern Mariana Islands.
2. Registration
Registration is subject to PrimeXBT’s account process. The broker offers PXTrader 2.0 and MT5 Pro account choices, a demo account and Islamic accounts.
3. Verification
PrimeXBT requires KYC verification. No document list or verification timeline is specified here.
4. Initial funding
The initial minimum is $1–$10 depending on whether the selected funding rail is a fiat card or cryptocurrency. The payment methods in the deposit table each have a $10 minimum. PrimeXBT charges no deposit fee.
5. Getting ready to trade
Choose a platform and check the applicable product’s leverage, spreads, commission and overnight charges before placing a trade. A demo account is available for practice; product access and leverage can differ by account and legal entity.
From Sign-Up to First Trade
- KYC verification is required.
- The initial minimum is $1–$10 depending on the fiat card or cryptocurrency funding rail.
- PrimeXBT restricts clients in the United States, Japan, Canada and other named jurisdictions.
Depositing and Withdrawing Money
Deposits
The payment-method table gives the minimum, broker processing time and expected settlement separately. Blockchain funding can take longer when confirmations are required.
| Method | Minimum | Broker Fee | Broker Processing | Expected Settlement |
|---|---|---|---|---|
| $10 | Free for most deposits, method/network fee may apply and is shown before confirmation | Instant | Instant | |
| $10 | Free for most deposits, method/network fee may apply and is shown before confirmation | Instant | Instant | |
| $10 | Free for most deposits, method/network fee may apply and is shown before confirmation | after blockchain confirmations, usually minutes | after blockchain confirmations, usually minutes | |
| $10 | Free for most deposits, method/network fee may apply and is shown before confirmation | 1–5 business days | 1–5 business days | |
| $10 | Free for most deposits, method/network fee may apply and is shown before confirmation | after blockchain confirmations, usually minutes | after blockchain confirmations, usually minutes | |
| $10 | Free for most deposits, method/network fee may apply and is shown before confirmation | after blockchain confirmations, usually minutes | after blockchain confirmations, usually minutes | |
| $10 | Free for most deposits, method/network fee may apply and is shown before confirmation | after blockchain confirmations, usually minutes | after blockchain confirmations, usually minutes | |
| $10 | Free for most deposits, method/network fee may apply and is shown before confirmation | after blockchain confirmations, usually minutes | after blockchain confirmations, usually minutes | |
| $10 | Free for most deposits, method/network fee may apply and is shown before confirmation | after blockchain confirmations, usually minutes | after blockchain confirmations, usually minutes |
Withdrawals
Processing and settlement can differ by payment route. Card withdrawals can take up to about 10 business days, while cryptocurrency withdrawals require blockchain confirmation. Withdrawal fees are method- or provider-specific; check the current client-area quote before submitting a request.
| Method | Minimum | Broker Fee | Broker Processing | Expected Settlement |
|---|---|---|---|---|
| $30 | Method/provider-specific, check the current client-area withdrawal quote | Up to about 10 business days | Up to about 10 business days | |
| $30 | Method/provider-specific, check the current client-area withdrawal quote | Up to about 10 business days | Up to about 10 business days | |
| No crypto minimum ($0), but withdrawal must cover network fee | Method/provider-specific, check the current client-area withdrawal quote | Usually instant to 24 hours | Usually instant to 24 hours | |
| No crypto minimum ($0), but withdrawal must cover network fee | Method/provider-specific, check the current client-area withdrawal quote | About 3–5 business days | About 3–5 business days | |
| 1 account-currency unit | Method/provider-specific, check the current client-area withdrawal quote | Usually within 24 hours plus blockchain confirmation | Usually within 24 hours plus blockchain confirmation | |
| No crypto minimum ($0), but withdrawal must cover network fee | Method/provider-specific, check the current client-area withdrawal quote | Usually within 24 hours plus blockchain confirmation | Usually within 24 hours plus blockchain confirmation | |
| No crypto minimum ($0), but withdrawal must cover network fee | Method/provider-specific, check the current client-area withdrawal quote | Usually within 24 hours plus blockchain confirmation | Usually within 24 hours plus blockchain confirmation | |
| No crypto minimum ($0), but withdrawal must cover network fee | Method/provider-specific, check the current client-area withdrawal quote | Usually within 24 hours plus blockchain confirmation | Usually within 24 hours plus blockchain confirmation | |
| $0 broker-set minimum | Method/provider-specific, check the current client-area withdrawal quote | Processed within 24 hours | Processed within 24 hours |
Depositing and Withdrawing Money
- Every deposit route in the method table has a $10 minimum.
- Cryptocurrency withdrawals require blockchain confirmation and must cover the network fee.
- Card withdrawals can take up to about 10 business days; wire transfers take about 3–5 business days.
Customer Support
| Support Channel | Available | Hours | Languages / Important Notes |
|---|---|---|---|
| Live chat | Yes | 24/7 | English, Spanish, Arabic, Simplified Chinese, Traditional Chinese, Russian, Portuguese, Vietnamese, Thai, Indonesian, Korean, Japanese and Bengali. |
| Yes | 24/7 support | [email protected]; support languages include English, Spanish, Arabic, Simplified Chinese, Traditional Chinese, Russian, Portuguese, Vietnamese, Thai, Indonesian, Korean, Japanese and Bengali. | |
| Help Centre | Yes | 24/7 support | Support is also offered through the Help Centre. |
Availability
PrimeXBT provides customer support 24/7 through live chat, email and its Help Centre. Support is offered in 13 languages, including English, Spanish, Arabic, Portuguese and Vietnamese.
How traders can get help
For account questions, clients can use live chat or email [email protected]. The Help Centre is another support channel.
Support limitations
Support can be a weakness when an issue needs active problem-solving. Technical problems that take too long to resolve and deposit or funding questions are particular concerns, so traders who rely on prompt case follow-up should weigh this limitation.
Customer Support
- Support operates 24/7 through live chat, email and the Help Centre.
- Support languages include English, Spanish, Arabic, Portuguese and Vietnamese.
- Technical problems and deposit or funding issues can require more consistent follow-up.
What Protects Your Money?
PrimeXBT was founded in 2018 and is not publicly traded. It reports segregated client funds and negative balance protection, but it does not offer an investor compensation scheme. The jurisdiction and legal entity attached to a client’s account matter when assessing the protections that apply.
Legal entities and regulators
PrimeXBT identifies FSCA, FSA Seychelles, CNAD and BCR within its regulatory framework. The jurisdictions named for regulation are South Africa, Seychelles and El Salvador. The FSCA and Seychelles registration details are set out below; these entries should not be taken to mean that one entity or protection applies to every client.
| Client Region | Regulator | License / Registration | Main Protection |
|---|---|---|---|
| South Africa | FSCA | 45697 | PrimeXBT states that negative balance protection is available; the relevant entity is FSCA-authorised under FSP 45697. |
| Seychelles | FSA (Seychelles) | SD162 | PrimeXBT Trading Ltd is regulated by the Seychelles FSA under licence SD162; do not assume a South African protection or compensation scheme applies to the Seychelles entity. |
Client money protections
PrimeXBT reports that client funds are segregated and that negative balance protection applies. It does not participate in an investor compensation scheme. These protections do not guarantee reimbursement in the event of broker failure, and no additional insurance or insolvency arrangement is specified here.
Company transparency
PrimeXBT was founded in 2018 and is privately held rather than publicly traded.
Important distinction
Segregation and negative balance protection address different risks from market losses. Neither removes the possibility of losses on leveraged trades.
What Protects Your Money?
- PrimeXBT reports segregated client funds and negative balance protection.
- It does not offer an investor compensation scheme.
- The FSCA registration number is 45697 and the Seychelles registration number is SD162.
The Biggest Catch With PrimeXBT
What the headline claim suggests
PrimeXBT’s multi-asset range can sound like one place to invest across markets. In practice, much of that access is through leveraged derivatives: stock exposure is via CFDs, index exposure is derivative-based, and cryptocurrency access includes CFDs and leveraged futures.
What happens in practice
Leverage and product terms vary by market, account and legal entity. Forex pairs and indices can reach 1:1000–1:2000 leverage, while crypto futures are capped at 1:200. Overnight swaps can also add costs to positions held beyond the trading day.
Who should care most
This distinction matters most to investors who expect direct ownership, as well as traders who plan to hold positions for longer periods or use high leverage. The platform’s breadth does not remove the financing and market risks associated with leveraged contracts.
Practical example
A stock CFD gives price exposure without ownership of the underlying share. A crypto futures trade is also a leveraged contract, not an ordinary share-style investment; the two products therefore should not be treated as direct asset holdings.
Who PrimeXBT Is Really For
Consider PrimeXBT if you...
- Want leveraged exposure to forex, indices, commodities, stocks and cryptocurrency markets through one broker.
- Prefer a choice between the proprietary PXTrader 2.0 platform and MetaTrader 5.
- Understand that CFDs and leveraged crypto futures are trading contracts and are comfortable managing leverage, overnight swaps and margin risk.
You may want to look elsewhere if you...
- Want to own the shares behind your stock exposure rather than trade stock CFDs.
- Need consistently responsive support for technical or deposit and funding problems.
- Require access from a country where PrimeXBT restricts clients.
The Bottom Line
PrimeXBT’s strongest proposition is access to several leveraged markets, including crypto futures, through proprietary platforms and MetaTrader 5. Its biggest compromise is that much of this access is derivative-based, with high leverage and support weaknesses when technical or funding issues require follow-up. Traders who understand those risks and value multi-market access are most likely to accept the trade-off.
How We Reviewed PrimeXBT
This review assesses PrimeXBT’s trading costs, markets, account and platform choices, funding terms, customer support and money protections. Broker claims and regulatory details are considered separately, and no personal platform testing is claimed. For more detail on how brokers are assessed, see our review methodology.
Contact Info
- Website:
- https://www.primexbt.com
- Email:
- [email protected]
- Phone:
- ---
- Company Address:
- 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa
FAQ
Which regulators does PrimeXBT name?
PrimeXBT names the FSCA, FSA Seychelles, CNAD and BCR within its regulatory framework and identifies South Africa, Seychelles and El Salvador as regulator jurisdictions. The FSCA registration number is 45697 and the Seychelles number is SD162. Regulatory arrangements and protections should not be assumed to apply identically to every client.
Is PrimeXBT legitimate, and what protections does it offer?
PrimeXBT reports segregated client funds and negative balance protection. It does not offer an investor compensation scheme, and it is not publicly traded. These protections do not prevent losses from trading or guarantee compensation if the broker fails.
What is the minimum deposit at PrimeXBT?
The initial minimum is $1–$10 depending on the fiat card or cryptocurrency funding rail. The deposit methods in the funding table have a $10 minimum. PrimeXBT charges no deposit fee.
What are PrimeXBT’s trading costs?
PrimeXBT uses floating spreads, charges commissions and applies overnight swap fees. Average spreads include 0.95 pips on EUR/USD, 0.7 pips on GBP/USD, 0.35 points on Gold and 0.2 points on the S&P 500 CFD. There is no monthly inactivity fee or currency-conversion fee.
Which PrimeXBT account and platform should I choose?
PXTrader 2.0 is the current proprietary platform, while MT5 Pro provides MetaTrader 5 access. PXTrader was replaced by PXTrader 2.0 from 1 May 2026. Exact pricing and account conditions can vary by region and product.
What is the maximum leverage at PrimeXBT?
Maximum leverage reaches 1:1000 to 1:2000 on forex pairs and indices, and 1:200 on crypto futures. Actual leverage depends on the product and legal entity. The standard stop-out level is 40%–50%, with an optional Zero Stop-Out feature on MT5 Pro accounts where offered.
Does PrimeXBT offer a demo account, scalping and automated trading?
PrimeXBT offers a demo account and allows scalping. MetaTrader 5 supports Expert Advisors, the Strategy Tester and MQL5 automation on desktop or VPS, but PrimeXBT does not offer VPS hosting. API trading is also offered.
How long do PrimeXBT withdrawals take, and does it offer negative balance protection?
Withdrawal timing depends on the method: cryptocurrency withdrawals are usually processed within 24 hours plus blockchain confirmation, while wire transfers take about 3–5 business days and card withdrawals can take up to about 10 business days. PrimeXBT reports negative balance protection, but it does not offer an investor compensation scheme.