Stéphane has worked in financial services since 2005, within capital markets and investment banking. He graduated from the London School of Economics and HEC Paris.
Updated on: 1 August, 2022
- Start trading in minutes.
- No KYC and no ID verification prior to trading.
- Small initial deposit of 0.001 BTC (approximately US$ 40).
- Trade CFDs on cryptocurrencies, Forex, indices, energies and metals.
- Leverage up to 1:000.
- No CFDs on individual stocks or ETFs.
- No support for MetaTrader 4, 5 or cTrader.
- PrimeXBT only accepts crypto-currency deposits (using Bitcoin, Ethereum, Tether or Circle). However, you can buy crypto with a bank card or a bank transfer.
- PrimeXBT is not regulated or licensed.
- Best Platform for Margin Trading, 2020 - ADVFN
- Best Crypto and Forex Broker, 2019 - Forex Awards
- Best Crypto Trading App, 2019 - Forex Awards
PrimeXBT Accounts (1)
- Trade over 100 instruments across crypto-currencies, Forex, commodities and global stock indices. Open an account in minutes with a small 0.001 BTC deposit (US$ 40 approximately).
- $ 40 Minimum deposit
- 1:1000 Leverage (EUR/USD) ?
- 0.1 Pips (EUR/USD)
- $ 0 Commission
- More ▼
- Copy trading, Mirror trading
- No dealing desk (NDD), STP, Market execution
- Fixed spreads
- NA Margin call (%)
- 0% Stop out level (%)
- Swap-free account
- Less ▲
Trade Forex, cryptocurrencies, commodities and stock indices through PrimeXBT. Its platform aggregates the best bid and offer prices from over 12 liquidity providers, and forwards your orders onto them for execution. PrimeXBT offers over 100 financial instruments, including:
- Cryptocurrencies: buy or sell Bitcoin and 40 other crypto-currencies on a 24/7 basis, with leverage up to 1:200. PrimeXBT supports large order sizes: 100 BTC, 1,000 ETH, 1,000 LTC, 15,000 EOS and 150,000 XRP.
- Forex: trade 46 currency pairs, with leverage up to 1:1000. Currencies include the Majors alongside the Mexican Peso, Russian Rouble, South African Rand, Turkish Lira, Hong Kong Dollar and Singapore Dollar.
- Commodities: trade CFDs on the price of Gold and Silver against the U.S. Dollar, the Euro and the Australian Dollar. Go long or short, with leverage up to 1:500.
- Stock indices: trade CFDs on the S&P 500, NASDAQ 100, NIKKEI 225, ASX 200 and others. Go long or short, with leverage up to 1:100.
- Asset classes
- Forex (CFD)
- Cryptos (CFD)*
- Indices (CFD)
- Metals (CFD)
- Energy (CFD)
* Availability subject to regulation.
- Asset classes (#)
- Forex (CFD)46
- Cryptos (CFD)*41
- Indices (CFD)12
- Metals (CFD)2
- Energy (CFD)3
PrimeXBT Trading platforms
Unlike most brokers who support MetaTrader 4 or 5, PrimeXBT has built its trading platform from the ground up. Use over 50 technical indicators to uncover price trends and trade directly from the charts. PrimeXBT supports a wide range of order types, including stop-loss and take-profit orders to help manage your risk exposure. PrimeXBT's platform was voted "Best Platform for Margin Trading" in the 2020 ADVFN International Financial Awards. Open a free trading account on PrimeXBT.com to see for yourself.
Through its partnership with Covesting.io, PrimeXBT allows you to automatically copy other traders' activity - a practice also known as "copy trading" or "mirror trading". You may also earn additional income by allowing others to follow your trades. Please note that the maximum leverage for Covesting accounts is 1:50.
- Trading platforms
- MetaTrader 4
- MetaTrader 5
- Copy trading
- Mirror trading
- Other platformsPrimeXBT Platform
- Operating systems
- Web trader
PrimeXBT Account funding
Note: payment methods depend on the entity with which you open an account, as well as your country of residence. Please visit the company's website for all payment methods.
- Deposits and withdrawals (Fiat)
- Credit card
- Debit card
* Availability subject to regulation.
- Deposits and withdrawals (Crypto)
- BTC - Bitcoin
- Account base currencies
- BTC - Bitcoin
PrimeXBT Trading Services LLC is incorporated in St. Vincent and the Grenadines, a jurisdiction with no restrictions on Forex or cryptocurrency trading. Because Forex trading and related activities aren't regulated by the island's Financial Services Authority, PrimeXBT isn't required to hold any financial services license. Similarly, it isn't required to prepare or file accounts in a publicly accessible register.
Instead, PrimeXBT places emphasis on the steps it has taken to protect your account and deposits as well as its own trading infrastructure. Because PrimeXBT only accepts Bitcoin deposits, rather than cash, any deposits you make will be recorded in Bitcoin's ledger. Furthermore, the majority of customer digital assets are held offline in "cold storage", with the remainder held in a "hot wallet" for trading purposes. This offers an enhanced level of protection against theft.
- Regulated entities
- Saint Vincent and the GrenadinesPrimeXBT Trading Services LLC
Are you looking for an alternative to PrimeXBT? Compare PrimeXBT against each of the following brokers and make an informed decision.
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