At a glance
- Minimum deposit
- $10
- Platforms
- PXTrader, PXTrader 2.0, PrimeXBT App, MetaTrader 5, WebTrader
- Regulators
- FSCA, FSA Seychelles, CNAD, BCR, FSC Mauritius
- Leverage
- 2000
Our Verdict on PrimeXBT
4.1/5Overall score
Risk warning: CFDs and leveraged products can magnify losses as well as gains. You may lose money rapidly, so understand the product and its risks before trading.
PrimeXBT suits experienced traders seeking leveraged exposure to forex, commodities, indices and crypto, with proprietary platforms and MT5 available. Its clearest platform advantage is desktop MT5 support for strategy testing and MQL5 automation. The trade-off is that many listed markets are derivatives rather than direct holdings, and client protections depend on the contracting entity. Product-specific pricing also means there is no single headline figure for judging cost: spreads, financing and withdrawal charges can all matter. The sections below explain which entity, product structure and platform choices are most relevant before you decide.
| Best for | Experienced leveraged-product traders seeking crypto, forex and commodity CFDs alongside other markets. |
|---|---|
| Not ideal for | Investors seeking underlying share or crypto ownership, or clients who require a uniform statutory compensation scheme. |
| Biggest strength | A broad mix of CFD markets and crypto perpetual futures with proprietary platforms and MT5. |
| Main drawback | Legal-entity-specific protection and product-dependent charges require careful checks before trading. |
How we reviewed it: This review assesses the available account, platform, product, fee and legal-entity information; it does not present broker claims as firsthand trading or withdrawal test results. See our review methodology.
What stands out
- Offers forex, indices, commodities, stock CFDs, crypto CFDs and crypto perpetual futures.
- MT5 desktop supports strategy testing and MQL5 automation.
- Offers a demo account and several account/platform choices.
- Lists 24/7 support through live chat, email and a Help Centre.
What to consider
- Investor safeguards vary by entity, and no single statutory compensation scheme applies to all international accounts.
- Stock and crypto CFDs do not provide ownership of the underlying shares or coins.
- Trading costs vary by product and can include overnight swaps, futures funding and withdrawal charges.
- The original PXTrader platform was retired in 2026.
PrimeXBT at a Glance
| Feature | Broker disclosures and checked findings |
|---|---|
| Founded | 2018 |
| Regulator / licence | FSCA-authorised South African intermediary, licence 45697; PXBT Trading Ltd is listed with the Seychelles FSA, licence SD162. Other regulators are also named by PrimeXBT. |
| Minimum initial deposit | $1–$10 depending on the fiat card or cryptocurrency funding rail; no fixed minimum is stated for the listed account types. |
| Account types | PXTrader, PXTrader 2.0 and MT5 Pro |
| Trading platforms | PXTrader 2.0, MetaTrader 5, MT5 WebTrader and PrimeXBT App; PXTrader was retired in 2026. |
| Markets | Forex, indices, commodities, stocks, cryptocurrencies and crypto perpetual futures |
| Maximum leverage | Up to 1:2,000 on eligible instruments; product, account and regional limits apply. |
| Account / funding currencies | USD, USDT and USDC |
| Demo account | Yes |
Is PrimeXBT Safe, Legit and Regulated?
3.5/5Area score
Overall review score: 4.1
PrimeXBT's regulatory position depends on the entity serving the client. PXBT Trading Ltd holds the Seychelles FSA authorisation listed as SD162 for international clients, while PrimeXBT (Pty) Ltd is an FSCA-authorised intermediary in South Africa under licence 45697. The South African intermediary's licence should not be treated as authorisation of the separate market maker that may act as product counterparty. Residents of the EEA, UK, US, Canada and other restricted jurisdictions are excluded from the stated international route; the entity used is determined during registration.
Regulation and Client Protections
| Regulatory question | Documented finding and limitations |
|---|---|
| Contracting legal entities | PXBT Trading Ltd (International clients excluding EEA, UK, US, Canada and other restricted jurisdictions); PrimeXBT (Pty) Ltd (intermediary); product counterparty may be a separate entity (South Africa (or clients routed to SA entity)) |
| Regulators / jurisdictions | FSA (Seychelles) (International clients excluding EEA, UK, US, Canada and other restricted jurisdictions); FSCA (South Africa (or clients routed to SA entity)) |
| Licence / registration | FSA (Seychelles): SD162; FSCA: 45697 |
| Client-money arrangements | Client funds are stated to be segregated. |
| Negative balance protection | Stated as available; the applicable terms depend on the account's legal entity. |
| Investor compensation | No single statutory scheme applies to all international accounts. Investor safeguards vary by entity and any applicable private policy; UK, Cyprus and US compensation should not be assumed for offshore clients. |
Segregated funds and stated negative balance protection are distinct from investor compensation; neither establishes that a client qualifies for a compensation scheme.
PrimeXBT Fees, Spreads and Commissions
3.8/5Area score
Overall review score: 4.1
PrimeXBT uses different pricing conventions across its products: CFD trading costs are mainly reflected in spreads, while crypto futures use maker/taker fees and periodic funding. The comparison therefore depends on both the product traded and how long positions are held.
Spreads, Commissions and Total Trading Costs
Forex CFDs are advertised from 0.1 pips where applicable, but this is a starting quote rather than an average spread or a guaranteed execution price. Traders comparing frequent entries and exits should consider the spread alongside any product-specific trading charges.
Other Trading and Non-Trading Fees
| Fee | Amount / trigger | Conditions |
|---|---|---|
| Overnight financing, swap or margin interest | CFD positions kept open overnight may have swap determined by the instrument, position size and long/short difference between interest rates; crypto futures use periodic funding instead. | CFD positions kept open overnight may have swap determined by the instrument, position size and long/short difference between interest rates; crypto futures use periodic funding instead. |
| Currency conversion | No | No separate broker currency-conversion fee is listed; exchange-rate costs may still apply |
| Inactivity | No | Not applicable (no inactivity fee is listed) |
| Deposits / withdrawals | Deposit: No; Withdrawal: Withdrawal fees may apply depending on method and are shown on the withdrawal page before submission; third-party charges can also apply. | Deposit: No general broker deposit fee is listed (method-specific or third-party charges may apply); Withdrawal: Withdrawal fees may apply depending on method and are shown on the withdrawal page before submission; third-party charges can also apply. |
Holding CFDs overnight can add swap costs, while crypto futures use periodic funding; frequent transfers can also make withdrawal and payment-provider charges relevant. Cryptocurrency withdrawals may involve blockchain network charges.
Which PrimeXBT Account Should You Choose?
4.5/5Area score
Overall review score: 4.1
PXTrader 2.0 is the listed proprietary web and mobile option, while MT5 Pro is the choice for traders who need desktop MT5 strategy testing and MQL5 automation. The original PXTrader platform was retired in 2026, so it is no longer an available alternative. The listed accounts have no fixed minimum deposit, but no account-level commission schedule is established here to distinguish them by trading volume; select on platform and product needs, then confirm the applicable pricing.
PrimeXBT Trading Platforms
4.8/5Area score
Overall review score: 4.1
The practical platform choice is between PXTrader 2.0 for proprietary web and mobile trading and MT5 when desktop strategy testing or MQL5 automation is required. MT5 WebTrader and mobile support browser-based trading and monitoring, but scripts and Expert Advisors require desktop MT5; the original PXTrader was retired in 2026.
Desktop, Web and Trading Platforms
| Platform | Availability | Evidence-backed strength or limitation |
|---|---|---|
| PXTrader | Retired | PrimeXBT retired PXTrader and moved clients to PXTrader 2.0 in 2026. The old platform is no longer an option for placing trades or running automated strategies. |
| PXTrader 2.0 | Web, Mobile | PXTrader 2.0 is PrimeXBT's web and mobile trading platform, with TradingView charts and access to CFDs and crypto futures. Its public materials don't establish a built-in coding environment or open trading API. |
| PrimeXBT App | Mobile | The PrimeXBT app supports mobile trading, charts and position monitoring. It isn't documented as an environment where traders can write or run custom algorithms. |
| MetaTrader 5 | Web, Desktop, Mobile | MT5 adds more advanced strategy testing and MQL5 automation to its trading tools. Those features run through desktop MT5, not the browser or mobile app. |
| MT5 WebTrader | Web | PrimeXBT offers MT5 WebTrader for placing trades and checking charts in a browser. The web terminal doesn't run Expert Advisors or custom MQL5 scripts; those need desktop MT5. |
Markets and Instruments Available
4.8/5Area score
Overall review score: 4.1
PrimeXBT's listed markets are predominantly leveraged derivatives, so access to an asset's price should not be confused with holding the asset itself. Stock CFDs confer neither share ownership nor voting rights, and crypto CFDs do not provide coins in a wallet. Product eligibility and leverage are also limited by region and instrument.
| Asset class | Products offered | Restriction |
|---|---|---|
| Forex | Leveraged FX (CFD / rolling spot); 45 | Forex trading involves leverage. Eligible clients may use leverage up to 1:1000. |
| Indices | Index CFDs; 19 | Trading an index CFD does not mean owning the shares that make up the index. Cash and futures contracts may have different trading hours, terms and financing costs. Eligible clients may use leverage up to 1:200. |
| Commodities | Commodity CFDs; 24 | Commodity CFDs track prices without requiring physical delivery. Trading hours vary by contract. Financing charges may also apply. Eligible clients may use leverage up to 1:1000. |
| Stocks | Stock CFDs; 16 | Stock CFDs track share prices without giving traders ownership or voting rights. The share range and margin requirements vary by account. Eligible clients may use leverage up to 1:20. |
| Crypto | Crypto CFDs; 40 | Crypto derivatives track prices without giving traders coins to hold in a wallet. Availability depends on the region and account type. UK retail clients cannot trade these derivatives. Eligible clients in permitted jurisdictions may use leverage up to 1:500. |
| Others | Crypto perpetual futures; 200 | Crypto futures are separate from CFDs and require margin. Eligible clients may use leverage up to 1:500, and the live contract range can exceed 200. |
The range combines CFDs with crypto perpetual futures, a separate margined product rather than another form of direct ownership. Traders should assess each contract's terms and regional availability rather than treating the asset-class list as a set of interchangeable exposures.
Execution, Trading Tools and Research
4.5/5Area score
Overall review score: 4.1
Research resources include market research, trading ideas, an economic calendar and price charts; the guides and short lessons cover platform use, basic strategies and market analysis. These materials can support market review and platform learning, but the listed information does not establish their depth or predictive value. PrimeXBT also lists API, copy and social trading, although API implementation details are not established here. Its description of slippage as normal market execution is not a measured execution-quality result.
PrimeXBT Deposits, Withdrawals and Account Opening
4.7/5Area score
Overall review score: 4.1
The stated initial funding requirement is $1–$10 depending on the fiat card or cryptocurrency rail, although individual account descriptions show no fixed minimum deposit. The table distinguishes the minimums and delivery times by payment method.
Account Opening and Identity Verification
Identity verification (KYC) is required. The specific documents and account-opening steps are Complete registration and identity checks using a government-issued photo ID and, when requested, proof of residential address; additional source-of-funds documents may be required by jurisdiction.
Deposit and Withdrawal Methods
| Method | Deposit / withdrawal availability | Broker fee | Processing time |
|---|---|---|---|
| Bank transfer | Deposits are available; the minimum amount is not specified. Withdrawals are available; the minimum amount is not specified. | No broker fee applies to deposits. Withdrawal broker fee: No PrimeXBT platform fee; network/payment-provider charges may apply (shown before confirmation). | Deposit processing time: 1–5 business days. Withdrawal processing time: 3–5 business days. |
| Debit / credit card | Deposits are available; the minimum amount is not specified. Withdrawals are available; the minimum amount is not specified. | No broker fee applies to deposits. Withdrawal broker fee: No PrimeXBT platform fee; network/payment-provider charges may apply (shown before confirmation). | Deposits are processed instantly. Withdrawal processing time: up to 10 business days. |
| E-wallets | Deposits are available. Minimum requirement: USD 1 (Neteller/other e-wallets). Withdrawals are available; the minimum amount is not specified. | No broker fee applies to deposits. Withdrawal broker fee: No PrimeXBT platform fee; network/payment-provider charges may apply (shown before confirmation). | Deposit processing time: Generally instant on PrimeXBT side; wallet-provider delivery varies. Withdrawal processing time: 24 hours. |
| Crypto | Deposits are available. Minimum requirement: 1 USDT / 0.0001 BTC. Withdrawals are available with no minimum amount. | No broker fee applies to deposits. Withdrawal broker fee: No PrimeXBT platform fee; network/payment-provider charges may apply (shown before confirmation). | Deposit processing time: After required blockchain confirmations; network-dependent. Withdrawal processing time: Usually processed instantly by broker; network delivery depends on confirmations. |
Customer Support
Support is listed as available 24/7 through live chat, email and a Help Centre. Listed support languages include English, Spanish, Arabic, Simplified and Traditional Chinese, Russian, Portuguese, Vietnamese, Thai, Indonesian, Korean, Japanese and Bengali. The support email is [email protected].
Who Should Choose PrimeXBT?
PrimeXBT is a conditional fit for experienced traders seeking several leveraged markets through one provider; the listed products do not suit investors whose priority is owning shares or coins. Its suitability also depends on the trading workflow: MT5 automation is available through desktop, not browser or mobile terminals.
| Profile | Fit | Decisive reason |
|---|---|---|
| Experienced multi-market derivatives trader | Conditional fit | Forex, indices, commodities, stock CFDs and crypto products are listed, with product-specific leverage and costs. |
| MT5 algorithmic trader | Conditional fit | MT5 desktop supports MQL5 automation and strategy testing; browser and mobile MT5 do not run scripts. |
| Investor seeking underlying ownership or uniform compensation protection | Poor fit | Stock and crypto CFDs do not convey ownership, and investor safeguards vary by legal entity. |
PrimeXBT vs Alternatives
ThinkMarkets1:2500Maximum leverageDetailed Review
Capitalcore- No commission
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ActivTradesForex Pairs, Indices, Commodities, Stocks, ETFs, BondsDetailed Review
FXGTFSA, FSCA, VFSC, CySECDetailed Review
For an automated MT5 workflow, the decisive requirement is access to desktop MT5; browser and mobile trading do not run the listed scripts.
FAQs
Which regulator oversees PrimeXBT?
PXBT Trading Ltd is listed with the Seychelles FSA under licence SD162 for the stated international client group. In South Africa, PrimeXBT (Pty) Ltd is an FSCA-authorised intermediary under licence 45697; a separate market maker may be the product counterparty.
What account types does PrimeXBT offer?
The listed account types are PXTrader, PXTrader 2.0 and MT5 Pro. The original PXTrader platform was retired in 2026, while MT5 Pro provides access to desktop MT5.
Does PrimeXBT charge commissions?
Trading charges vary by product. CFD costs are mainly built into spreads, while crypto futures and other leveraged products may carry maker/taker or other account-specific trading charges. Overnight CFD positions may incur swaps, and crypto futures use periodic funding.
Which platforms can I use with PrimeXBT?
Current listed options include PXTrader 2.0 for web and mobile, the PrimeXBT App, MetaTrader 5 for desktop, web and mobile, and MT5 WebTrader. MT5 Expert Advisors and MQL5 scripts require desktop MT5.
What markets can I trade with PrimeXBT?
The listed products include forex, indices, commodities, stock CFDs, crypto CFDs and crypto perpetual futures. CFDs track underlying prices but do not give ownership of shares or crypto held in a wallet.
How long do PrimeXBT deposits and withdrawals take?
Listed estimates vary by method: bank transfers take 1–5 business days for deposits and 3–5 business days for withdrawals; card deposits are instant and card withdrawals can take up to 10 business days. E-wallet deposits are generally instant on the broker's side and withdrawals are listed at 24 hours. Crypto deposits require blockchain confirmations, while withdrawals are usually processed instantly by the broker; network delivery depends on confirmations.