PrimeXBT Review 2025

Trust

PrimeXBT Regulators

In our reviews, we examine the regulatory status of each entity operated by a broker. This allows us to compare the different levels of client protection. We rank regulators using a three-tier system, where Tier-1 licensing reflects the highest level of regulation.

Here are my findings on the various entities of PrimeXBT:

• PrimeXBT (Pty) Ltd is licensed and regulated by the Financial Services Conduct Authority (FSCA) of South Africa under license number 45697. We rate the FSCA as a Tier-2 regulator.
• PXBT Trading Ltd is licensed and regulated by the Financial Services Authority (FSA) of Seychelles under license number SD162. We rate the FSA as a Tier-3 regulator.
• PrimeXBT Trading Services, S.A. de C.V. holds a Bitcoin Services Provider (BSP) license issued by the Banco Central de Reserva (BCR) of El Salvador. The entity does not provide CFD trading.
• PXBT Capital Ltd is licensed and regulated by the Financial Services Commission (FSC) of Mauritius, under License No. GB24203383. We rate the FSC as a Tier-3 regulator.
• PrimeXBT Trading Services Ltd is a company incorporated and existing under the laws of Saint Lucia with registration number 2024-00343. The entity is not regulated but is a member of The Financial Commission.

How PrimeXBT Protects You

Brokers operate multiple entities to serve clients globally, yet regulatory protections vary by jurisdiction. Some regulators enforce strict financial standards, while others are more lenient. Traders should understand the protection offered by the entity where they intend to open an account.

• Segregation of Client Fund: Keeping client funds in segregated bank accounts, separate from those used for the broker’s corporate capital, mitigates the risk of accounting errors. All of PrimeXBT’s entities ensure this.
• Negative Balance Protection: This safety mechanism removes the risk of trading losses exceeding the account balance. In other words, the losses you incur from trading are capped at the amount you have put in your trading account. This is especially important in volatile markets. All PrimeXBT entities provide negative balance protection.
• Compensation Scheme: A compensation scheme protects clients if a broker becomes insolvent. PrimeXBT does not offer a government-backed compensation scheme, but all clients have access to The Financial Commission, an independent dispute resolution body that can award compensation in eligible cases.

Stability and Transparency

In our tests for the Trust category, we also cover factors relating to stability and transparency. Here, we focus on the broker’s operating history, size, and overall credibility.

Founded in 2018, PrimeXBT has a moderate operating history in the industry. According to its LinkedIn profile, the company employs between 201 and 500 staff, indicating a mid-sized operation.

PrimeXBT provides standard corporate and regulatory information transparently, with its entities listed in both the website footer and on a dedicated Regulation page. Trading costs are clearly outlined in the Fees and Conditions section, and more detailed terms can be found in the Legal Documents area, including the full Terms and Conditions.

I rate PrimeXBT as having an average level of transparency, although it could be made clearer where the broker is based.

Is PrimeXBT Safe to Trade With?

To conclude, my findings indicate that PrimeXBT can be regarded as having a mixed level of trust and stability due to the following factors:

• Member of the Financial Commission
• All entities segregate funds
• All entities offer negative balance protection
• Adequate level of transparency
• Limited regulatory oversight

Fees

PrimeXBT Trading Fees

PrimeXBT Spreads

I tested the spreads using the PXTrader account during the London open and just after the New York open on 3 November 2025. At these times, the market is typically highly liquid with the tightest spreads.

I found PrimeXBT’s spreads to be competitive on major forex pairs and commodities, with EUR/USD and gold pricing coming even tighter than the industry average. Indices are generally in line with market norms, though the DAX 40 is slightly higher. However, stock CFDs and Bitcoin carry noticeably wider spreads.

PrimeXBT Swap Fees

In the table below, you can see the Swap Long (the cost/credit of holding a buy position overnight) and the Swap Short (the cost/credit of maintaining a sell position overnight) for one full-sized contract.

In forex, a full-sized contract is 100,000 units of the base currency (the first currency quoted in the pair), or 100 ounces in the case of gold. I recorded the data on 3 November 2025.

My tests showed that swap fees are slightly better than average for the industry.

PrimeXBT Non-Trading Fees

PrimeXBT does not charge any internal fees for deposits or withdrawals. However, traders should be aware that third-party processing fees may apply, depending on the payment method used.

Unlike many competitors, PrimeXBT also does not impose an inactivity fee, allowing traders to step away from the platform without worrying about additional charges.

Are PrimeXBT Fees Competitive?

Despite high spreads on certain popular instruments, I rate the fees at PrimeXBT as quite competitive overall, based on the following:

• Tight spreads in popular instruments like EUR/USD and gold in the PXTrader account.
• Spreads as low as 0.5 pips in the MT5 Pro account.
• No inactivity fees.
• No fees on deposits and withdrawals.

Platform and Tools

PXTrader Platform

The PXTrader platform is PrimeXBT’s proprietary web-based trading interface, which I found to be intuitive and easy to navigate for traders of all experience levels. The layout is clean, with clearly organized watchlists, responsive charts, and straightforward order placement windows.

The platform is available in multiple languages, making it accessible to a global user base.

Key Features

The standout features of the PXTrader platform include:

• Watchlists: Custom watchlists allow users to track preferred markets quickly.
• Trading from the Chart: Orders can be placed and modified directly from the chart interface.
• Position Tracking and Order Management: The platform provides clear, real-time visibility of open positions, margin usage, profit and loss (P&L), and pending orders, along with straightforward tools to modify or close trades.
• Direct Hedging: Hedging is supported, allowing traders to hold buy and sell positions on the same instrument simultaneously to manage risk.

Charts

Charting within the PXTrader platform is robust, including:

• 91 technical indicators, covering popular trend, volume, and momentum tools.
• 13 drawing tools, such as trend lines, pitchforks, and Fibonacci retracements.
• 10 time frames, ranging from one minute to 1 month.
• 3 chart types, from simple line charts to classic bar charts and Japanese candlestick charts.

Orders

The platform provides a solid selection of order types, allowing traders to execute a variety of strategies with precision. Available order types include market and limit orders for straightforward entry and exit, as well as stop-loss and take-profit functions to help manage risk more effectively.

PXTrader also supports OCO (One-Cancels-the-Other) orders, enabling traders to set two linked orders where the execution of one automatically cancels the other. Additionally, users can choose between GTC (Good Till Canceled) and Day time-in-force settings, offering flexibility in how long orders remain active in the market.

PXTrader Platform: My Key Takeaways

After testing the PXTrader platform over several trading sessions, I found it to be smooth and easy to navigate, with a clean interface that makes the core functions simple to use. My initial impression was positive in terms of layout and stability, but compared to other platforms I’ve tested, particularly MT5, PXTrader lacks certain advanced features.

There is no one-click trading, which slows down fast execution, and trailing stop-loss orders, price alerts, and an integrated news feed are also missing. These are features that active day traders often rely on. While trading directly from the chart and a strong range of technical indicators are welcome, the platform’s analytical depth and workflow efficiency are limited.

Overall, PXTrader is a good fit for beginners and casual traders who value simplicity and an easy learning curve, while more advanced traders and scalpers will likely prefer MT5 for its broader tools and faster execution workflow.

PrimeXBT Mobile App

The PrimeXBT mobile app features a clean, modern design that makes navigating markets and managing trades straightforward. The layout is intuitive, with market lists, charts, and order placement tools organized logically, allowing users to access key functions with minimal taps. The app’s interface is streamlined and visually clear, supporting fast execution and easy position management.

The charting interface performs smoothly and includes 91 technical indicators, 17 chart types, and 10 time frames, providing sufficient flexibility for performing meaningful analysis on the go.

While not as advanced as desktop platforms, the tools are sufficient for mobile-based trade planning and monitoring. The app supports market, limit, and stop loss orders, as well as GTC (Good Till Canceled) and Day order duration settings, enabling precise trade management and execution from virtually anywhere. For enhanced security, it also offers two-step authentication and biometric login options.

Prime XBT Mobile App: My Key Takeaways

After testing the PrimeXBT mobile app for over a week, I found it fast, stable, and effective for managing trades on the go. It’s easy to place and adjust orders, and the charting tools are strong for a mobile platform.

However, the app is missing a few handy features — such as trailing stop-loss orders, price alerts, and an integrated news feed — which could limit its appeal for very active or event-driven traders. That said, features like copy trading, live chat support, and solid security tools are definite pluses.

Copy Trading

PrimeXBT’s Copy Trading platform enables you to potentially profit from the markets without manual trading by automatically replicating the strategies of experienced traders. Once you select a strategy and allocate funds, all of the trader’s actions are mirrored in your account in real time. You maintain full control and can pause or stop copying anytime. The system suits both beginners seeking to learn and earn passively and professionals who want to share their strategies and earn performance-based income.

PrimeXBT provides detailed performance indicators, including profitability over 7, 30, 90, and 180-day periods, maximum drawdowns over various timeframes, and win ratios for both all-time and recent trading activity. These metrics help users evaluate consistency, profitability, and risk before choosing a strategy to follow. Copy Trading can be accessed from the client portal, but is not available in all regions.

PrimeXBT Order Execution Model

PXBT Trading Ltd acts as the sole execution venue for all client orders. As the principal counterparty to all transactions, it is responsible for executing client orders directly through its own systems and liquidity providers. However, in certain circumstances, it reserves the right to utilize other execution venues, including but not limited to third-party liquidity providers or regulated markets, to ensure the best possible execution outcome for its clients.

Tradable Instruments

PrimeXBT offers an excellent range of forex, commodities, indices, and cryptocurrencies, with coverage in these categories exceeding typical industry averages. However, the stock CFD offering is limited to just 16 U.S. shares, which is significantly below the market standard.

Overall, the broker is well-suited for traders focused on global macro and crypto markets, but less ideal for those who primarily trade individual stocks.

What are CFDs?

A Contract for Difference (CFD) is an agreement specifying that the buyer must pay the seller the difference between an asset’s current value and its value at the time the contract was initiated. Like futures and other derivative financial instruments, CFDs allow traders to speculate on price movements without owning the underlying asset.

What Can You Trade with PrimeXBT?

To better illustrate the range of instruments available at PrimeXBT, the following tables show samples from various asset classes:

PrimeXBT Instruments: My Key Takeaways

Overall, PrimeXBT offers a diverse range of instruments that support a variety of trading styles, from day trading and scalping to swing trading and longer-term speculation. I was most impressed by the strong coverage of forex pairs and the broad selection of crypto CFDs. However, the number of CFDs on shares is relatively limited, and the platform does not currently offer CFDs on bonds or ETFs

Customer Support

PrimeXBT Customer Support Test

Support is a key component of a broker’s offering – whether you are a new trader looking for guidance on how to use the platform or an experienced trader who needs help fast to exit their positions in the event of a technical glitch.

I tested PrimeXBT’s customer support for over a week and found it to be responsive and helpful. Live chat agents consistently replied in under a minute, and email replies arrived quickly as well.

I contacted support with both simple and more technical questions regarding fees, platforms, and regulatory details, and the answers were generally clear and informative. Overall, the experience was smooth, though the absence of phone support may be a drawback for some users.

Deposit and Withdrawal

How Do You Deposit Money with PrimeXBT

PrimeXBT offers a diverse range of deposit options with consistently fast processing times.

How Do You Withdraw Money from PrimeXBT

PrimeXBT withdrawals are processed fast, and unlike many competitors, no fee is charged for withdrawals via bank wire.

Account Types and Terms

How to Open an Account with PrimeXBT

1. Create your account: Sign up with your email and set a secure password.
2. Add basic contact details: Enter your phone number and residential address.
3. Confirm your funding source: Choose options like salary, savings, or business income (for compliance).
4. Complete the suitability check: Answer short questions about your trading knowledge and experience.
5. Verify your identity: Take a selfie/photo and upload your ID document.

Clients can denominate their accounts in a wide range of digital and fiat currencies, including: BTC, ETH, USD, ZAR, GBP, EUR, MXN, NZD, AUD, TRY, THB, BRL, VND, AED, ARS, USDT, NGN, AFN, BDT, BOB, CAD, BGN, CHF, CLP, COP, HUF, IDR, CZK, INR, DKK, IQD, HKD, JPY, HRK, KES, KRW, MAD, MYR, PEN, PHP, PKR, RON, SEK, NOK, SGD, UAH, VES, RUB, TWD, and XOF.

PrimeXBT CFD Account Types

PrimeXBT offers four CFD account types with $0 minimum deposit and demo access. Spreads start from 0.8 pips on PXTrader, MT5 Standard, and MT5 ZeroStop, and from 0.5 pips on MT5 Pro. All accounts are commission-free, while leverage is up to 1:1000 on PXTrader and 1:2000 on MT5 accounts. Swap-free trading is available on all MT5 accounts but not on PXTrader.

Demo Account

PrimeXBT provides demo accounts for PXTrader, the Crypto Futures Platform, and MT5.

Demo accounts are especially important for beginners as they allow them to practice their strategies and get comfortable with the trading platform without risking real money. The demo account features live quotes and simulates live market conditions in assets like forex and CFDs on commodities, indices, and stocks. Once users are up to speed on a demo, they can easily switch to a live account.

Islamic Account

PrimeXBT offers a swap-free account on the MT5 platform, which may adhere to Islamic principles. Once enabled, overnight financing fees (swaps) are replaced with administrative costs.

What is CFD Leverage?

One of the reasons that traders are attracted to the forex and CFD markets is the high degree of available leverage. Leverage is the use of borrowed funds to increase the size of your trading positions beyond what would be possible using only the cash in your account.

For the PXBT Trading Ltd entity, the maximum leverage is 1:2000. This means that with an account of $1,000, you can control up to $2,000,000 worth of positions in the market. This is an unusually high level of leverage and very risky to use.

Leverage is often described as a ‘double-edged sword’ as it can hurt you as much as it helps you. Traders should keep in mind that it can amplify both their profits and their losses.

Leverage varies by asset class, as illustrated in the following table:

PrimeXBT Restricted Countries

PrimeXBT does not accept clients from the United States of America, Japan, Canada, Cuba, Israel, Iran, New Zealand, Syria, North Korea, Ukraine (including Crimea), Russia, Afghanistan, Myanmar, Saint Lucia, Puerto Rico, Guam, US Virgin Islands, and Northern Mariana Islands.

Research

The research section of PrimeXBT’s website provides a solid and timely mix of fundamental analysis, technical commentary, and weekly outlooks covering crypto, forex, stocks, and more. The articles are well‐structured, clearly written, and accessible for traders of varying experience. In line with the broker’s offering, there is a strong focus on crypto.

PrimeXBT’s Week Ahead reports provide a clear and concise overview of the key economic events and market drivers to watch. They explain what matters, why it matters, and how it could affect trading, making them a useful reference.

Within the client portal, traders can access multiple watchlists, including trending assets, top gainers, and top losers, allowing them to monitor market momentum at a glance. A detailed economic calendar highlights key data releases and events, helping traders plan around potential volatility.

Trading ideas and analysis are also available from third-party research provider Trading Central, offering trade signals and technical pattern insights, although this feature is reserved for funded accounts only.

PrimeXBT Research: My Key Takeaways

PrimeXBT’s research offering is timely, well-written, and valuable for idea generation, particularly for crypto-focused traders, with a good mix of fundamental insights, technical commentary, and weekly outlooks.

The Week Ahead reports help traders understand upcoming catalysts, while the client portal watchlists and economic calendar make it easy to track market momentum. Trading Central adds further value for funded accounts through trade signals and pattern recognition. However, one limitation is the lack of video-based analysis, which some traders may prefer for quicker, more visual market updates.

Education

PrimeXBT’s educational articles are well-structured and clearly written, covering a range of topics from beginner to advanced levels across various trading strategies. The content is easy to follow and effectively explains key concepts without unnecessary jargon, making it particularly useful for newer traders. The library excels in crypto-focused education, which aligns closely with the platform’s broader offerings.

PrimeXBT’s YouTube channel offers a helpful selection of platform tutorials and walkthroughs, showing users how to navigate the interface, place trades, use copy trading, and manage accounts.

There are also educational explainers covering trading concepts and crypto market dynamics, which can support beginners as they build their knowledge. The videos are clear and straightforward, though the upload frequency is moderate and the content leans more toward platform instruction than in-depth market education.

The Bottom Line

Founded in 2018, PrimeXBT is a modern, crypto-focused multi-asset broker offering over 190 CFDs, plus access to real crypto and futures trading. Clients benefit from segregated accounts, negative balance protection, and Financial Commission membership, though the broker’s regulatory coverage is moderate.

PrimeXBT offers an impressive range of trading platforms, including the sleek PXTrader web platform, the PrimeXBT mobile app, MetaTrader 5, and a dedicated Crypto Futures platform. PXTrader stands out for its clean, user-friendly design, making it ideal for everyday trading. However, it lacks advanced features like one-click trading, trailing stops, built-in alerts, and a native news feed — all of which are available on MT5 and the Crypto Futures platform.

Spreads vary by account and asset: EUR/USD and gold were tight in my tests, while indices and Bitcoin CFDs were wider. The MT5 Pro account offers the most competitive pricing, with spreads from 0.5 pips and no commissions. Funding is smooth, with no deposit, withdrawal, or inactivity fees.

Education is above average thanks to videos, articles, webinars, and Trading Central insights for funded clients. On the downside, the range of stock CFDs is limited, there’s no phone support, and VPS hosting isn’t offered.

Overall, PrimeXBT is a strong choice for beginners and casual traders seeking an easy-to-use platform with demo access, as well as crypto enthusiasts looking to trade spot, CFDs, and futures all in one place. More active traders, especially day traders and scalpers, will find the MT5 and Crypto Futures platforms best suited to their needs with competitive pricing and professional-grade tools.

FAQ