PrimeXBT is a cryptocurrency CFD broker offering trading with leverage. Despite the accounts quoted in cryptocurrencies, it also offers the opportunity to invest in the Forex market, as well as SPOT contracts and CFD contracts. The offer of available instruments is expanding from time to time, and you can see their full list and fees here.
The above link also contains details on fees and commissions.
At the moment, in the crypto-currency offer, there are 5 instruments:
The maximum leverage is 1:100 (cryptocurrencies, commodities, indices) or 1:1000 (FX), but interestingly it is different for different instruments and changes with the size of the opened position (the higher the position, the lower the lever).
PrimeXBT is a young broker operating in a new and poorly regulated crypto industry. In addition, it is registered in Seychelles. On the forum bitcointalk.org, there was also a thread suggesting that PrimeXBT may be a scam.
On the other hand, the broker recently announced the cooperation with licensed crypto-exchange – Covesting. There were also no signals anywhere about the problems with withdrawals. However, be careful.
If you have any experience with this broker, share your review!
