PrimeXBT Review

Why choose PrimeXBT

Specializes in cryptocurrency trading with access to other asset classes.

Pros

  • High leverage options, diverse asset selection, and user-friendly platform.

Cons

  • Limited regulatory oversight; primarily focuses on cryptocurrency trading.
PrimeXBT

PrimeXBT

Fee Level:

Medium

Inactivity Fee:

None

Index CFD Fee:

Medium

Investor Protection:

Compensation schemes vary by jurisdiction.

Mobile Platform:

Visit PrimeXBT

Offers a cost-effective trading environment with minimal fees.

Pros

  • No inactivity or withdrawal fees; competitive spreads across various instruments.

Cons

  • Limited investor protection depending on regulatory jurisdiction.

Implements security measures such as two-factor authentication and segregated client funds.

Pros

  • Provides two-factor authentication and segregated client funds.

Cons

  • Limited investor protection for clients in certain regions.

PrimeXBT supports Bitcoin, Ethereum, and crypto payments along with bank transfers and cards. Deposits are instant; fiat withdrawals take 1–3 days.

Pros

  • Supports crypto payments, instant deposits, low transaction fees.

Cons

  • Supports crypto payments, instant deposits, low transaction fees.

PrimeXBT offers a quick digital sign-up process, with instant account activation for crypto users.

Pros

  • Crypto-friendly with instant deposits.

Cons

  • Crypto-friendly with instant deposits.

PrimeXBT's mobile app offers a seamless trading experience with access to various markets, including cryptocurrencies and traditional assets.

Pros

  • Comprehensive market access, user-friendly interface.

Cons

  • Limited educational resources within the app.

The platform provides advanced trading tools, including customizable charts and multiple order types, suitable for professional traders.

Pros

  • Advanced charting tools, high liquidity across markets.

Cons

  • May be complex for beginners.

PrimeXBT offers trading in cryptocurrencies, Forex, commodities, and indices, allowing traders to engage in both digital and traditional asset markets.

What trading platforms does PrimeXBT offer?

PrimeXBT offers a proprietary web-based trading platform accessible via desktop and mobile devices. The platform features advanced charting tools, multiple order types, and real-time market data to enhance the trading experience.

What account types does PrimeXBT offer?

PrimeXBT provides a standard account for all users, offering access to its full range of trading instruments and features. There are no tiered account levels; however, users can participate in the Covesting module, which allows for copy trading with selected strategy managers.

What is the minimum deposit required to start trading with PrimeXBT?

The minimum deposit on PrimeXBT is 0.001 BTC, making it accessible for traders with varying capital levels. Deposits are made in Bitcoin, which serves as the primary account currency.