Company Profile
Company Profile
Review summary
| Company Name | PrimeXBT |
| Founded Year | 2018 |
| Registered Country | Saint Lucia |
| Regulatory Authorities | FSCA and FSRA |
| Fees | Zero commission |
| Trading Assets | 350+, including crypto futures, CFDs on FX, Commodities, Indices, Stocks |
| Minimum Deposit | $10 |
| Maximum Leverage | 1:1000 |
| Trading Platforms | PrimeXBT WebTrader, MetaTrader 5, PrimeXBT App |
| Minimum Spread | 0.1 pips (CFD trading) |
| Contact Methods | support@help.primexbt.com，live chat |
PrimeXBT Information
PrimeXBT is a regulated multi-asset trading platform offering CFDs, forex, indices, stocks, and commodities with zero commission and tight spreads starting at 0.1 pips. Licensed by South Africa's FSCA and Saint Lucia's FSRA, it supports flexible deposits from $10, multi-platform access including WebTrader, MetaTrader 5, and mobile app.
Regulatory Status
| Regulatory Agency | Current Status | License Type | Regulated By | License No. |
| Financial Sector Conduct Authority | Exceeded | Financial Service Corporate | South Africa | 45697 |
| The Financial Services Regulatory Authority | Offshore Regulated | Business Registration | Saint Lucia | 2024-00343 |
Pros and Cons
| Pros | Cons |
| Regulated | High leverage up to 1:1000 |
| MT5 provided | Withdrawals fees up to 1% |
| Multiple Assets | |
| Minimum Deposit starting from $10 | |
| Demo Account Available |
Market Instruments
| Assets | Available |
| Crypto Futures | ✅ |
| Forex | ✅ |
| Indices | ✅ |
| Commodities | ✅ |
| Stocks | ✅ |
| CFD's on Forex | ✅ |
| CFD's on Crypto | ✅ |
| CFD's on Commodities | ✅ |
| CFD's on Indices | ✅ |
Fees
Spreads and overnight fees are key cost factors; calculate based on trading instruments and holding periods. Withdrawal fees vary by payment method (e.g., bank transfer, crypto wallet). All account operations are free, ideal for beginners and active traders.
| Category | Item | Fees |
| Trading Fees | Spread | No commission, spreads as low as 0.1 pips (for CFD trading). |
| Deposit & Withdrawal Fees | Minimum Deposit | $10 minimum deposit required. |
| Deposit Fee | No charges | |
| Withdrawal Fee | Up to 1% | |
| Account Fees | Account Setup Fee | Free account creation |
| Account Maintenance Fee | No charges for account maintenance. | |
| Demo Account | Free risk-free practice environment. |
Trading Platform
| Trading Platform | Devices | Features & Benefits |
| PrimeXBT WebTrader | Web-based trading (no download) | - Fully customizable interface- Advanced charts & analytical tools- Multi-device access- Fast execution |
| MetaTrader 5 | Traditional PC trading (Forex/CFDs) | - Supports Expert Advisors (EAs)- Multi-timeframe chart analysis- Diverse order types- Inherits MT4 user base |
| PrimeXBT App | Mobile trading (Android/iOS) | - Real-time market timing tools- Powerful chart analysis- Instant order execution- Cross-platform sync |
Deposit & Withdrawal
PrimeXBT offers instant deposits and withdrawals with over 100 payment methods, including Visa, Mastercard, Skrill, Neteller, Standard Bank, Binance Pay, and more.
WNAT
Indonesia
Only deposit is allowed, withdrawal is not. i have deposited my money, and when i want to withdraw, there is no available options for withdrawal. SCAM BROKER
Exposure
Healer9525
France
I'm not impressed with PrimeXBT's spreads. While they claim to offer tight spreads from 0.1 pips, I've experienced wider spreads in certain market conditions. Cryptocurrency spreads can be particularly volatile. The lack of transparency and consistency in their spreads has led to unexpected trading costs. For active traders like myself, these costs can eat into profits. I expect more reliable spreads from a reputable broker." ¹
Exposure
FX3924393663
Malaysia
I must expose the disgusting tactics employed by the PrimeXBT forex platform. The manipulation involved is particularly egregious. My EUR/USD order experienced an abnormal slippage of over 3 pips, resulting in an $800 loss. The platform's customer service excused me by citing "market volatility," completely ignoring the industry standard of 0.5 pip slippage for legitimate platforms during major market fluctuations. This malicious slippage is clearly a technical manipulation exploiting market fluctuations. The financial trap is incredibly subtle. The platform advertises "zero commissions," but when I closed a $10,000 GBP/JPY order, I was inexplicably charged a $350 "transaction fee." This completely fails to guarantee the safety of Malaysian users' funds. Stay away from this unregulated, manipulative, and withholding platform. Protect your money!
Exposure
FX4526955202
Malaysia
PRIMEXBT trading is stable, fast, secure, and offers a wide range of options. Traders provide multiple choices on the platform.
Positive
Chong Wei Kiat
Malaysia
There are no fees on CFDs and that changes the trading rules a lot!!!
Positive
Vantrung90
Singapore
The fees for futures are amazing, but for CFDs? it’s kinda average
Positive
Hao Yu
Malaysia
I likethe primexbt broker offers its own trading platform as well on top of the standard mt terminals. I think it's a sign of quality and scope of the broker. Sometimes I saw brokers with just one mt5 or mt4 with no proprietary platfoms, or vice versa - just one app and no mt platforms - dunno why this limit. With primexbt, I have access to diverse options.i trade on mt5 and pxtrader. Both work steadily for my commodties trading...I have 2 main instruments i focus: oil and gold. I like to see correlations between these two, and the platform lets me work easily
Positive
Chen Ru
Singapore
Check out pxtrader 2.0 if you are into crypto futures… i was really surprised by how low trading costs can go here. The app is overwhelming initially, but for not too long
Positive
FX4089243655
Thailand
It feels good to see that your money is spread across multiple accounts and multiple wallets. Regarding payments or transfers, it's considered okay, no problems.
Positive
chai_pen39
Thailand
Easy to use, convenient for trading, no issues with buy/sell orders. The chart loads and displays changes quickly.
Positive
FX1121604561
Vietnam
every time I send them. support works very well and replies fast! ✍️
Positive
FX2638778890
Thailand
The platform is very good. The agent team provides excellent service. There are excellent options for crypto trading.
Positive
Wan_Guangli
Malaysia
Now I see it, when crypto is doing great. Here there are bunch cfds also。PRIMEXBT trading is stable and fast。
Positive
FX4003940636
Malaysia
I wasn’t a fan of trading on proprietary software, without my classic mt4 platforms. But these trading conditions were hard to resist, especially low trading costs across different asset classes :) In terms of credibility, I was PRIMEXBT confident in the broker.
Positive
FX2333826258
United Arab Emirates
I want to let you k now everyone that Primexbt have removed my money of profit amount which is 14 923.51 USD. I want to mention the main thing that I haven't took any promotion from Primexbt before or during my trade. I risk my my own money during my trade and now when I am done with my profitable trade this company removed my money with giving statement that I have manipulated the company's terms and conditions. We all know that market these days very volatile and fast. Anyone can lose their money or make profits just in few minutes just because of market situation. Then who gave the rights to company to remove clients money? This behaviour is very unprofessinal. I am doing trade with my own money. Company have no rights to put such obligations just to remove my money. If they are so scared of giving withdrawals to clients then they should shut down their operation and go back to their homes. I am still requesting to primexbt to reverse my removed amount.
Exposure
AhmadFaisal
Malaysia
It’s not another shady crypto. It’s an exchange, secured by fireblocks and which obtained necessary regulations for trading. The reliability part was kind of proven. At the same time, it didn’t excel… Ofc, trading terms are super, but infrastructure, let's be fair, can't compete with top-tier providers. Still pace of development is good to reach there:))
Positive
Pawat Paireerak
Thailand
As a CFD broker, I think their regulatory status is quite legitimate.
Positive
FX1726753502
Singapore
Alongside low trading fees compared to crypto giants such as binance and bybit, they also have a great trading platform. They already updated it, it’s called pxtrader 2.0, but the main things remained the same such as tradingview charts. It's very comfortable to trade on 👍
Positive
FX3749060358
Argentina
They have a VIP program that offers even better trading conditions, but honestly, the standard account works quite well in terms of trading costs for crypto futures. I use the standard offer (I'm not VIP yet) and I'm very happy with the low commissions. Even holding positions overnight doesn't cost much compared to other platforms.
Positive
FX1674891395
Thailand
I don't know how much these licenses or regulations actually help, but having them does give a lot of peace of mind. Recently, I made a small profit when Bitcoin dipped a bit. I tried withdrawing it, and it went through normally.
Positive
FX4288356023
Vietnam
Cool, they have Apple pay for depos. One click from the phone and you’re done!
Positive
IshaqJ
France
i know that there is huge emphasis on crypto here, special futures mode with take and maker fees, but dont sleep on commodities. In fact, the broker offers so many CFDs on commodities, even lead and orange juice here :) ... commodites tend to develop strong trends....however, swaps on some of the assets in this market class bite a bit, so be mindful abt that
Neutral
Nawar_Indahouse
Malaysia
Primexbt is well known for crypto futures because of the low fees. I can agree with that, tarded futures several times and couldn’t really notice any fees. However, they also do have a wide range of markets apart from crypto such as forex, metals, indices etc. The fees for them are average, could be a bit tighter…
Positive