2.5 4 Reviews
2.5

PrimeXBT Review Summary

This brokerage has built its platform on the basis of Bitcoin and provides a fresh way for trading more than fifty digital instruments, such as Cryptos, fx, Commodities and Indices from one account. To ensure the highest degree of liquidity and instant order execution, they accumulate feeds from twelve top industry exchanges. The firm offers entry to real-time marketplace info and a vast scope of analysis features for trade while ensuring protection, liquidity and facilitating a stable and productive trading space for all.

PrimeXBT Review Highlights

Trading Platform: PrimeXBT Webtrader, Mobile Traders
Cryptocurrencies Yes
Regulator SFSA, SVGFSA, ASIC (in process)
Minimum Initial Deposit 100 $
Leverage 1:1000

Pros & Cons

Pros
  • Bitcoin & cryptocurrency exchange
  • Initial deposit 0.001 BTC
  • Quite fast execution time ~ 7ms
  • Trading 24/7
  • Fast sign-up and login
  • No personal data needed
  • High rate of leverage
Cons
  • Limited methods of deposits & withdrawals
  • Online customer service only
  • No electronic exchange
  • No app
primexbt
FREE TRADING ALERTS SIGNALS TRADE THE TOP CRYPTOCUREENCIES AVAILABLE IN MULTIPLE COUNTRIES
official Wbsite >

Accolades

The brokerge received numerous accolades since being established in 2018. The most recent ones include are Best Bitcoin Margin Trading Platform, Best Cryptocurrency Trading Platform, and Best Crypto Trading App.

Fresh Name Navigating the Industry Well

Even though this is a pretty fresh site, it already got heaps of support traction due to its user-friendly way of work, high rate of privacy, a range of features for trade and tech analysis tools, live service around the clock and a stable infrastructure.

Ther brokerage provides specific value ideas and benefits that some traders can really enjoy:

  • Private: The broker keeps in mind the importance of privacy of clients and doesn’t ask for KYC verifications. No fiat and crypto exchange services are carried out, which lets them offer instant entry to every platform feature.
  • Basis of BTC: Bitcoins are the currency for depositing and withdrawing. The crypto is utilized as margin collateral for trading in every marketplace. The PnL is done in this digital currency, too.
  • Liquidity: In order to offer high liquidity and immediate executions of orders, the brokerage piles up liquidity form a few trade centers that are renown.
  • Advanced: The platform is both something you can count on and user-friendly, containing all needed instruments for managing and going through with orders and reviewing market info.
  • Custom mode: Adjusting the platform to your own needs is possible with various widgets. Also, more screens are on offer for pro users who ask for the top service.

Trading Platform

Their platform for trade gathered accolades and provides all the needed features for entry to marketplaces worldwide. Those features help handle and go through with orders, as well as review marketplace info.

  • A completely customization-prone space for conducting the deed, with a user-friendly view of marketplace details, providing a wide range of trading resources.
  • Placing trades, managing orders and working straight from integrated charting. Tools for drawing and more than fifty tech indicators are here to assist in analyzing pricing trends.
  • Prime XBT provides multiple order forms that can be found in the Order Form system to provide you with the resources you need to execute the trading strategy and give improved flexibility on the way clients join marketplace.
  • Placing money, withdrawing it and storing it in wallets is easy and secure. The capital is held offline, as to secure from uncertainties.

Terms for Trade

The brokerage believes that costs should be competitive and honest, free from false incentives. Volume-based charges are offered, which lets clients gain from attractive costs while the trading rises.

  • Leverage max. 1000:1
  • Low trading costs for markets
  • Overnight (swap) rates you can afford
  • Tight crypto spreads
  • Deposit charges are zero
  • Security of negative balance

PrimeXBT Registration

Founded: 2018
Broker Type: Broker
Languages Supported: 16 languages supported
Trading Instruments: Bitcoin, Forex, CFDs, CFDs on Bitcoin, CFDS on Spo
Account Types: Only one account type providing all broker service
Expert Advisors: Yes
Social Trading: Yes
Hedging: Yes
Scalping: Yes
Commission: Yes
Inactivity Fee: N\A
Swap-Free Account: Yes
Mobile Apps: Yes
Demo Account: Yes
Prohibited Countries: United States, Japan, Saint Vincent And Grenadines, Canada, Algeria, Ecuador, Iran, Syria, Korea, Sudan, United States Outlying Islands, American Samoa, Russian Federation
Trading Fees: Yes
Withdrawal Fees: Yes, minimal
primexbt
FREE TRADING ALERTS SIGNALS TRADE THE TOP CRYPTOCUREENCIES AVAILABLE IN MULTIPLE COUNTRIES
official Wbsite >

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PrimeXBT Reviews

4 Reviews for PrimeXBT

  • Rupert says:

    Great and easy place to trade but the biggest issue is that they have disabled the stop loss on cryptos! So not really a trade platform, you wake up and you get the shock of your life in a deep sea of Red!

  • Nikhil says:

    My ‘available balance’ changes regularly, without any reason as I have not traded, and usually goes downwards. Seems as if my account isn’t just leaking money, no doubt into the PrimeXTB bank account. Better accountability would be nice.

    Stop loss is also a balls as it gets you out of trades that you want to stay in.

  • Bernard says:

    Good service but need few things to improve

  • Toole J says:

    I have used PrimeXBT for a couple of years now, the platform is usually quite effective – a few issues with freezing of the site and of stock prices especially during times of volatility this paired with the spreads during these times make the platform none functioning.

primexbt
FREE TRADING ALERTS SIGNALS TRADE THE TOP CRYPTOCUREENCIES AVAILABLE IN MULTIPLE COUNTRIES
official Wbsite >

Authorized broker

EuropeFX Forex & Crypto Broker Review
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