menu

Homepage > Forex Brokers > PrimeXBT

PrimeXBT

Company Prime XBT Trading Services Ltd.
Website
Broker type MM / Crypto
Minimum deposit 0.001 BTC (100000 Satoshi)
Regulations -
Discount -

Average rating

View ratings
7.5
Total average

7.5/10

Credibility ( 4 )
No problems with withdrawals. No suspicious practices.
Customer Service ( 8 )
Contact with the support. Deposit/withdrawal process. Reliability.
Offer ( 9 )
Level of spreads and commissions. Product Range.
Platform ( 9 )
Ease of use, fast execution, reliability.

Description

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 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!

ForexRev Team

Specifications

Company Prime XBT Trading Services Ltd.
Website
Broker type MM / Crypto
Leverage 1:100 (Crypto) / 1:1000 (FX)
Minimum deposit 0.001 BTC (100000 Satoshi)
Negative balance protection No
Regulations -
Trading platforms PrimeXBT
Payments Bitcoin wallet, Changelly
EUR/USD Spread -
Min lot -
Country Republic of Seychelles
Established in 2018
Number of instruments 35
Discount -

Follow the broker

Leave your email address to receive notifications about new reviews and posts concerning PrimeXBT.

 
 
 

PrimeXBT - Reviews (1)

7.5
Partial ratings
Credibility:4
Customer Service:8
Platform:9
Offer:9

I made one withdrawal but with small capital. I will test them with some bigger withdrawal, but first I have to earn it :D

Plusses
  • Big range of markets
Minors No minors
Posted on

Submit your own review

No problems with withdrawals. No suspicious practices.
Contact with the support. Deposit/withdrawal process. Reliability.
Level of spreads and commissions. Product Range.
Ease of use, fast execution, reliability.

 

I confirm that this review was written based on my own experience and was not solicited in any way by any broker.

Forum PrimeXBT - questions and answers



No posts — ad a new one below.

Add a thread/question for the forum

Your email address will not be published. Required fields are marked *

Do you want to ask a question? Do you need more information? Use this broker’s forum and fill out the form below.

 

Note: Opinions and posts on ForexRev.com represent personal opinions and views of their respective authors and should not be interpreted as recommendations to purchase or sell securities. ForexRev.org assumes no responsibility or liability for such content.
Go to top