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PrimeXBT Review

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PrimeXBT offers the only all-in-one platform that allows clients to buy and sell Crypto, and use them to trade 100+ popular markets including Crypto Futures, and CFDs on Crypto, Forex, Indices, Copy Trading, and Commodities.

PrimeXBT  Pros & Cons

Pros

 

  • Very low trading fees for futures

  • High leverage available

  • Copy trading 

  • Free deposits for fiat & crypto

  • Comprehensive desktop platform with advanced tools and features

  • Helpful customer support

  • High withdrawal limits for verified users

Cons

  • No support for spot, margin, or options trading

  • Limited number of trading pairs 

  • No API access, launchpad, trading bots, P2P or social trading

  • Limited fiat payment methods

  • Only supports USD

  • Expensive fiat withdrawal fees

  • Unlicensed in many regions

                                                           

PrimeXBT Overview

Type of Broker Standard Account, ECN Account, Pro ECN Account

 

Broker regulated by CySEC (Ultima Markets Cyprus Ltd), ASIC (ULTIMA MANAGEMENT PTY LTD)

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Clients Accepted from 120 countries around the world

 

Customer Support Phone, Email, Live Support, Social Media

 

MetaTrader 4, Ultima Markets Apps, Web Trader 

 

Payment Type Master Card, Visa, bitcoin, tether, Alipay, UnionPay, International EFT 

 PrimeXBT Account Types

Features

CFD Account

Spread Betting Account

Account Currencies

Available Leverage

USD, EUR, BTC, ETH, USDT, ADA, and XRP

1:500

USD, EUR, BTC, ETH, USDT, ADA, and XRP

1:2000

Starting Spreads

0.0 Pips

 1.0 Pips

$5

$5 

Minimum Deposit

Commission Per Trade

0.0%

0.1%

Min. Lot Size Per Trade

 0.01 

 0.01 

Swap/Rollover Free Option

Swap Free Islamic Account

Swap Free Islamic Account

Yes

Yes

Demo Account

100

100

Max Lot Size Per Trade

Copy Trading Support

Yes

Yes

PrimeXBT Compliance & Regulation

Risk Warning: Trading Forex and CFDs carries the risk of losing substantially more than your initial investment and should only be traded with money you can afford to lose. You do not own or have any rights to the assets that underlying the derivatives (such as the right to receive dividend payments). Ensure you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. Please consider our legal documents and ensure that you fully understand the risks before you make any trading decisions.

General Advice Warning: The information on this website is a general nature only and any advice has been prepared without taking account of your objectives, financial situation or needs. Accordingly, before acting on the advice, you should consider the appropriateness of any advice having regard to your objectives, financial situation and needs, and after considering the legal documents.

Regional Restrictions:This information or devices on this website is not directed or offered to residents of certain jurisdictions such as the United States, North Korea etc. For more information, please contact our customer support team.

Ultima Markets, a trading name of Ultima Markets Ltd, is authorized and regulated by the Financial Services Commission "FSC" of Mauritius as an Investment Dealer (Full-Service Dealer, excluding Underwriting) (license No. GB 23201593). The registered office address: 2nd Floor, The Catalyst, 40 Silicon Avenue, Ebene Cybercity, 72201, Mauritius.

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Risk Disclaimer: - Gen Z Investing will not be held liable for any loss or damage resulting from reliance on the information contained within this website including market news, analysis, trading signals and Forex broker reviews. The data contained in this website is not necessarily real-time nor accurate, and analyses are the opinions of the author and do not represent the recommendations of Gen Z Investing or its employees. Currency trading on margin involves high risk, and is not suitable for all investors. As a leveraged product losses are able to exceed initial deposits and capital is at risk. Before deciding to trade Forex or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite. We work hard to offer you valuable information about all of the brokers that we review. In order to provide you with this free service we receive advertising fees from brokers, including some of those listed within our rankings and on this page. While we do our utmost to ensure that all our data is up-to-date, we encourage you to verify our information with the broker directly. genziinvesting@gmail.com 

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