The PrimeXBT Decision Map
| Decision Question | FxFind Finding |
|---|---|
| Main reason to consider it | Access to forex, indices, commodities, stocks and crypto products through proprietary and MT5 platforms, with fiat and crypto funding routes. |
| Main limitation | Entity and product terms differ; commission rates and some account-level pricing details are not stated here. |
| Most natural fit | Traders seeking leveraged multi-asset exposure and crypto funding, including those who use MT5 or the current PXTrader 2.0 interface. |
| Relevant account/platform setup | MT5 Pro for MetaTrader 5, or PXTrader 2.0 for the current proprietary web and mobile experience. The former PXTrader platform is retired. |
| FxFind Rating | 7.8/10 |
View the FxFind rating breakdown
| Category | Score |
|---|---|
| Trust and Safety | 6.5/10 |
| Fees and Commissions | 8.5/10 |
| Deposits and Withdrawals | 9.0/10 |
| Tradable Instruments | 8.0/10 |
| Setup | 9.0/10 |
| Account Opening | 9.0/10 |
| Customer Support | 8.0/10 |
| Trading Conditions | 8.5/10 |
| Market Research and Education | 7.0/10 |
The decision turns on whether the market and payment options meet your needs given entity-specific terms, account pricing and product-level leverage.
Pros
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Several asset classes are available through MT5 and a current proprietary platform.
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Deposit routes include cards, e-wallets, bank transfers and cryptocurrency.
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Demo and Islamic accounts, copy trading, social trading and API trading are available.
Cons
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Client eligibility and legal entity depend on location.
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Commission rates are not stated in the account and instrument details here.
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PXTrader has been retired; custom programmable automation is not confirmed for PXTrader 2.0.
PrimeXBT by Client Region and Legal Entity
Legal Entities by Client Region
| Client Location / Group | Contracting Entity | Regulator | Licence | What Changes for the Client |
|---|---|---|---|---|
| International clients excluding EEA, UK, US, Canada and other restricted jurisdictions | PXBT Trading Ltd | FSA (Seychelles) | SD162 | PXBT Trading Ltd is the Seychelles securities dealer. It does not onboard clients from the EEA, UK, US, Canada and several other restricted jurisdictions. The contracting entity is assigned at registration according to jurisdiction. |
| South Africa, or clients routed to the South African entity | PrimeXBT (Pty) Ltd (intermediary); product counterparty may be a separate entity | FSCA | 45697 | PrimeXBT (Pty) Ltd is an FSCA-authorised intermediary. The market maker is the product counterparty, so the South African intermediary is not necessarily the product issuer. |
PrimeXBT identifies regulatory jurisdictions in South Africa, Seychelles and El Salvador, and lists FSCA, FSA Seychelles, CNAD and BCR in its regulatory information. The rows above describe the specific Seychelles and South African arrangements; the same arrangement does not apply to every client.
Protection and Corporate Structure
PrimeXBT states that client funds are segregated and that negative balance protection is available. There is no investor compensation scheme. PrimeXBT was founded in 2018 and is not publicly traded.
Trading Costs by Account and Instrument
Representative Trading Costs
| Instrument | Spread Basis | Commission | Important Condition |
|---|---|---|---|
| EUR/USD | Broker-reported average: 0.95 pips | Commission applies; the rate and charging basis are account- and product-specific. | Floating spread. |
| GBP/USD | Broker-reported average: 0.7 pips | Commission applies; the rate and charging basis are account- and product-specific. | Floating spread. |
| Gold (XAU/USD) | Broker-reported average: 0.35 points | Commission applies; the rate and charging basis are account- and product-specific. | Floating spread. |
| S&P 500 CFD | Broker-reported average: 0.2 points | Commission applies; the rate and charging basis are account- and product-specific. | Floating spread. |
These are average spreads, not guaranteed live quotes. PrimeXBT offers several account and platform routes, but the commission schedule is not stated alongside these instrument averages. The figures therefore do not establish an all-in cost comparison.
Costs Outside the Trade
| Trader Behavior | Possible Cost | Broker Rule |
|---|---|---|
| Holding positions overnight | Swap or financing charge | Overnight swap fees apply. |
| Leaving an account inactive | Inactivity fee | No monthly inactivity fee. |
| Withdrawing cryptocurrency | Blockchain network fee | Crypto withdrawals incur network fees; examples include 0.0005 BTC and 0.002 ETH. |
| Withdrawing fiat | Withdrawal charge | Fiat withdrawals are generally free; method- or provider-specific charges may apply. |
| Depositing | Deposit charge | No deposit fee; payment or network fees may apply on some routes and are shown before confirmation. |
| Converting currencies | Currency-conversion fee | No currency-conversion fee. |
For frequent traders, costs depend on the commission schedule as well as the floating spread. Longer holding periods add swap charges, and crypto withdrawals incur network fees.
Key Trade-Offs to Consider
Broad market access, but exposure is largely derivative-based
PrimeXBT offers forex, indices, commodities, share CFDs and crypto products, as well as additional leveraged crypto futures. Share and crypto CFDs do not confer ownership of the underlying shares or coins, or voting rights in shares. Traders seeking leveraged exposure across asset classes can access several markets, but these contracts are not a substitute for direct ownership.
High headline leverage, with product-specific ceilings
Headline leverage reaches 1:1000 to 1:2000 on forex pairs and indices, but asset-level figures vary by market and may fall with larger positions, volatility, news conditions or the applicable legal entity. Higher leverage can reduce the margin required, while increasing the effect of price moves on account equity. Compare the limit for the specific contract rather than relying on the highest headline figure.
Multiple platform routes, but the proprietary platform changed
PrimeXBT supports MT5 and its current proprietary PXTrader 2.0 platform. The original PXTrader was decommissioned from 1 May 2026. MT5 supports desktop Expert Advisors and strategy testing; custom programmable automation has not been confirmed for PXTrader 2.0. Traders who rely on a particular platform or automated workflow should account for this difference.
Build a Trading Setup
Account and Platform Compatibility
| Account | Compatible Platforms | Pricing Model | Automation | Important Constraint | Natural Use Case |
|---|---|---|---|---|---|
| MT5 Pro | MetaTrader 5 | Spreads and fees depend on the account and product. | MT5 desktop supports Expert Advisors (MQL5), Strategy Tester and automation. | Exact fee terms depend on region; MT5 Pro is an MT5-specific account label. | Traders using MT5 desktop tools or custom MQL5 strategies. |
| PXTrader | None; retired | Instrument/account-specific pricing; check the current live contract specification. | Not applicable; retired platform. | Decommissioned and replaced by PXTrader 2.0 from 1 May 2026. | Not a current setup option. |
| PXTrader 2.0 | PXTrader 2.0; PrimeXBT mobile experience | Instrument-specific CFD spreads and fees; exact account-level pricing is not specified. | No separate user-programmable automation capability was verified in current public documentation. | Current proprietary interface; browser-based, with no verified native desktop client. | Manual trading through PrimeXBT's current proprietary web or mobile experience. |
In some regions, the MT5 lineup may include Standard, Pro and ZeroStop variants. The account types covered here are MT5 Pro, PXTrader and PXTrader 2.0. Exact MT5 fees and regional account availability vary.
Platform-Specific Differences
| Platform | Web | Desktop | Mobile | Automation | Main Limitation |
|---|---|---|---|---|---|
| PXTrader 2.0 | Yes | No native desktop client verified; browser interface | Yes, through the PrimeXBT mobile experience | No separate user-programmable automation capability was verified in current public documentation. | Current proprietary platform; programmable automation is unconfirmed. |
| PrimeXBT App | No, as a named mobile app | No, as a named mobile app | Yes | No separate user-programmable automation capability was verified in current public documentation. | Mobile interface; custom programmatic automation is unverified. |
| MetaTrader 5 | Yes, through MT5 WebTerminal | Yes | Yes, iOS and Android | Yes; Expert Advisors, Strategy Tester and MQL5 automation on desktop/VPS | Full EA development and testing are desktop- or VPS-centric; web and mobile are primarily for trading and monitoring. |
| WebTrader | No verified standalone web version was found in current public documentation. | No verified native desktop application was found in current public documentation. | Mobile availability is not clearly specified in current public documentation. | No separate user-programmable automation capability was verified in current public documentation. | A separate current product by this name is not confirmed. |
Practical Setup Assessment
PXTrader 2.0 is the current proprietary route for manual trading. MT5 provides MQL5 Expert Advisors and strategy testing for desktop automation. PrimeXBT does not offer VPS hosting, although MT5 automation features are supported. Copy trading, social trading and API trading are available, but custom programmable automation has not been verified for PXTrader 2.0.
Trading Conditions and Position Management
Entering the Market
PrimeXBT describes slippage as a normal occurrence and permits scalping, hedging and news trading. No execution statistics, order-type limits or position-size limits are specified here, so a more detailed execution comparison is not possible.
Leverage
The figures below apply to the PrimeXBT international CFD account. Maximum leverage can fall with larger positions, during volatility or news, or under another legal entity.
| Market | Maximum Retail Leverage | Professional / Other Eligible Leverage | What Determines It |
|---|---|---|---|
| Forex | 1:1000 | - | Can be lower at larger position sizes, during volatility or news, or under another legal entity. |
| Indices | 1:200 | - | Can be lower at larger position sizes, during volatility or news, or under another legal entity. |
| Commodities | 1:1000 | - | Can be lower at larger position sizes, during volatility or news, or under another legal entity. |
| Stocks | 1:20 | - | Share CFDs; leverage can be lower at larger position sizes, during volatility or news, or under another legal entity. |
| Bonds | - | - | Not offered. |
| Cryptocurrencies | 1:500 | - | Crypto CFDs; leverage can be lower at larger position sizes, during volatility or news, or under another legal entity. |
| Other leveraged crypto futures | 1:500 | - | Maximum can fall at larger position sizes, during volatility or news, or under another legal entity. |
PrimeXBT's headline terms also give a 1:1000-to-1:2000 range for forex pairs and indices, while the asset-class figures above show 1:1000 for forex and 1:200 for indices. Its general terms cap crypto futures contracts at 1:200, while the separate additional leveraged crypto futures category is shown at 1:500. These figures describe differently defined product categories; the specific contract terms determine the applicable limit.
Margin Calls and Stop-Outs
The margin-call level is 100%. Standard stop-out triggers at 40%–50%. MT5 Pro accounts can optionally use Zero Stop-Out, which allows margin to fall to 0%; availability is account- and region-specific.
Trading Restrictions
| Trading Activity | Status | Important Conditions |
|---|---|---|
| Scalping | Allowed | Subject to the broker’s current instrument, account and legal-entity trading rules. |
| Hedging | Allowed | Subject to the broker’s current instrument, account and legal-entity trading rules. |
| News trading | Allowed | Subject to the broker’s current instrument, account and legal-entity trading rules. |
| API trading | Yes | Platform-specific API capabilities are not specified. |
| Expert Advisors | Supported on MT5 desktop | MT5 supports MQL5 Expert Advisors and strategy testing; equivalent programmable automation is not verified for PXTrader 2.0. |
Tradable Markets: Range and Restrictions
| Asset Class | Approx. Instruments | What Is Notable | Main Restriction / Gap |
|---|---|---|---|
| Forex | 45+ | Margin FX trading; swaps may apply | Maximum can fall at larger position sizes, during volatility/news, or under another legal entity. No separate professional/eligible-client leverage tier is publicly stated for this offering. |
| Indices | 19 | Cash- and futures-referenced index derivatives | Maximum can fall at larger position sizes, during volatility/news, or under another legal entity. No separate professional/eligible-client leverage tier is publicly stated for this offering. |
| Commodities | 24 | Spot- and futures-referenced commodity derivatives | Maximum can fall at larger position sizes, during volatility/news, or under another legal entity. No separate professional/eligible-client leverage tier is publicly stated for this offering. |
| Stocks | 16 | Share CFDs; no ownership or voting rights | Maximum can fall at larger position sizes, during volatility/news, or under another legal entity. No separate professional/eligible-client leverage tier is publicly stated for this offering. |
| Bonds | Not Offered | - | - |
| Cryptocurrencies | 40+ | Crypto CFDs; no underlying coin ownership | Maximum can fall at larger position sizes, during volatility/news, or under another legal entity. No separate professional/eligible-client leverage tier is publicly stated for this offering. |
| Other | 200+ | Additional leveraged crypto futures | Maximum can fall at larger position sizes, during volatility/news, or under another legal entity. No separate professional/eligible-client leverage tier is publicly stated for this offering. |
Much of the offering is derivative exposure rather than direct ownership. Bonds are not offered, and share and crypto CFDs do not provide ownership of the underlying asset.
Opening, Funding, and Withdrawing From an Account
Account Opening and Verification
PrimeXBT requires verification (KYC), offers a demo account and lists USD, USDT and USDC as base account currencies. The contracting entity is assigned according to the client's jurisdiction. PXBT Trading Ltd does not onboard clients from the EEA, UK, US, Canada and other restricted jurisdictions.
PrimeXBT's restricted-country list includes the United States, Japan, Canada, Cuba, Israel, Iran, New Zealand, Syria, North Korea, Sudan, the US Minor Outlying Islands, American Samoa, Russia, Myanmar, Saint Lucia, Puerto Rico, Guam, the US Virgin Islands and the Northern Mariana Islands. The listed initial minimum deposit is $1–$10, depending on whether the funding route is a fiat card or cryptocurrency; the method-specific deposit table gives a $10 minimum for each route shown below.
Deposit Methods
| Method | Deposit Minimum | Broker Fee | Expected Arrival | Important Restriction |
|---|---|---|---|---|
| Binance | $10 | Free for most deposits; method/network fees may apply and are shown before confirmation | After blockchain confirmations, usually minutes | Use only the Binance payment option shown at checkout. For crypto transfers, the asset and network must match the deposit instructions exactly. |
| Bitcoin | $10 | Free for most deposits; method/network fees may apply and are shown before confirmation | After blockchain confirmations, usually minutes | Send BTC only to the Bitcoin address and network in the deposit instructions. Incorrectly sent transfers may be irreversible. |
| Ethereum | $10 | Free for most deposits; method/network fees may apply and are shown before confirmation | After blockchain confirmations, usually minutes | Send ETH only using the network in the deposit instructions. Do not use another Ethereum-compatible or Layer-2 network unless explicitly supported. |
| Mastercard | $10 | Free for most deposits; method/network fees may apply and are shown before confirmation | Instant | Your card must support online payments and be accepted by the broker. Issuer, country, currency and authentication limits may apply. |
| Skrill | $10 | Free for most deposits; method/network fees may apply and are shown before confirmation | After blockchain confirmations, usually minutes | An eligible Skrill account is required. Country availability, account verification and transaction limits may apply. |
| Tether | $10 | Free for most deposits; method/network fees may apply and are shown before confirmation | After blockchain confirmations, usually minutes | USDT is available on multiple networks. Use only the exact network and address in the deposit instructions; a mismatch may result in permanent loss. |
| USD Coin | $10 | Free for most deposits; method/network fees may apply and are shown before confirmation | After blockchain confirmations, usually minutes | USDC is available on multiple networks. Use only the exact network and address in the deposit instructions; a mismatch may result in permanent loss. |
| Visa | $10 | Free for most deposits; method/network fees may apply and are shown before confirmation | Instant | Your card must support online payments and be accepted by the broker. Issuer, country, currency and authentication limits may apply. |
| Wire Transfer | $10 | Free for most deposits; method/network fees may apply and are shown before confirmation | 1–5 business days | Use the exact beneficiary, bank details and payment reference provided. Intermediary bank fees, currency conversion and processing delays may apply. |
Overall deposit processing is stated as instant for e-wallets, about 40 minutes for crypto and 1–3 business days for bank transfers. Method-specific estimates are listed above; crypto transfers also depend on blockchain confirmations.
Withdrawal Methods
| Method | Withdrawal Minimum | Broker Fee | Expected Arrival | Important Restriction |
|---|---|---|---|---|
| Binance | 1 account-currency unit | Method/provider-specific; check the current client-area withdrawal quote | Usually within 24 hours plus blockchain confirmation | Use only the payout option shown; crypto asset, network and address must match exactly. |
| Bitcoin | No crypto minimum ($0), but withdrawal must cover network fee | Method/provider-specific; check the current client-area withdrawal quote | Usually within 24 hours plus blockchain confirmation | Use a valid Bitcoin address and supported network; crypto withdrawals are irreversible. |
| Ethereum | No crypto minimum ($0), but withdrawal must cover network fee | Method/provider-specific; check the current client-area withdrawal quote | Usually within 24 hours plus blockchain confirmation | Use the exact supported network and receiving address; do not assume other EVM networks are accepted. |
| Mastercard | $30 | Method/provider-specific; check the current client-area withdrawal quote | Up to about 10 business days | Available only through supported card-payout or refund routes; issuer and regional restrictions apply. |
| Skrill | No crypto minimum ($0), but withdrawal must cover network fee | Method/provider-specific; check the current client-area withdrawal quote | Usually instant to 24 hours | An eligible Skrill account is required; verification, country and wallet limits apply. |
| Tether | No crypto minimum ($0), but withdrawal must cover network fee | Method/provider-specific; check the current client-area withdrawal quote | Usually within 24 hours plus blockchain confirmation | USDT uses multiple networks; choose the exact supported network or funds may be lost. |
| USD Coin | $0 broker-set minimum; payment-system limits may apply | Method/provider-specific; check the current client-area withdrawal quote | Processed within 24 hours; blockchain confirmation time may be additional | USDC uses multiple networks; choose the exact supported network or funds may be lost. |
| Visa | $30 | Method/provider-specific; check the current client-area withdrawal quote | Up to about 10 business days | Available only through supported card-payout or refund routes; issuer and regional restrictions apply. |
| Wire Transfer | No crypto minimum ($0), but withdrawal must cover network fee | Method/provider-specific; check the current client-area withdrawal quote | About 3–5 business days | Enter bank, recipient and SWIFT/BIC details exactly; fees and processing delays may apply. |
General estimates are within 24 hours for e-wallet withdrawals, 1–24 hours for crypto and 3–5 business days for bank transfers. The payout method, provider and blockchain confirmation time affect when funds arrive.
Customer Support
| Route | Access | Hours | Human / Automated | Languages / Conditions |
|---|---|---|---|---|
| Live Chat | Live chat | 24/7 | Human / agent-assisted | Multilingual |
| [email protected] | 24/7 support / message intake | Human / agent-assisted | Multilingual; asynchronous | |
| Help Center | Self-service | 24/7 access | Automated / self-service | Multilingual self-service content |
FxFind notes that hands-on cases can be a support challenge, particularly technical issues that take too long to resolve and deposit or funding problems. Clients who expect to need direct help may wish to consider this when choosing a funding route.
Research, Trading Tools, and Education
| User Need | Available Resources | Provider | Access Requirement | Depth / Limitation |
|---|---|---|---|---|
| Market context and scheduled events | Market research, economic calendar | PrimeXBT; the calendar data vendor is not identified. | Public-versus-login requirements are not stated universally; access can vary by entity and platform. | Research includes analyst and fundamental content, with coverage and update frequency varying. The calendar covers scheduled macro events, not unscheduled news or every market-moving event. |
| Trade planning | Trading ideas | PrimeXBT platform or integrated analytics; external provider not identified. | Platform access may be required; requirements vary by entity, account tier and platform. | Setups may include levels or scenarios where supported; coverage is limited to available instruments and timeframes, and outcomes are not guaranteed. |
| Chart-based analysis | Price charts | PrimeXBT platform or MetaTrader where offered; exact chart and data vendor not identified. | Available through supported trading platforms; demo/live eligibility and third-party account connections vary by entity and platform. | Live and historical charting and indicators are available; depth depends on timeframe, data feed and platform features. |
| Learning platform use and trading concepts | Educational articles, webinars, tutorials, platform walkthroughs, Learning Center | PrimeXBT | Access conditions are not stated as a single universal rule; availability may vary by account, platform, region or login status. | Coverage, depth and update frequency vary by topic/resource; the material is informational rather than personalised advice. |
Research, charting and education are available within the PrimeXBT ecosystem, although access can differ by entity and platform. The material is informational, not personalized investment advice.
Who PrimeXBT Fits
| Trader Profile | Why It May Suit Them | Main Reservation |
|---|---|---|
| Multi-asset CFD trader | Forex, indices, commodities, share CFDs and cryptocurrency products are available through PrimeXBT's trading environment. | Share and crypto CFDs do not provide ownership of the underlying asset; leverage and availability vary by product and entity. |
| MT5 desktop and automation user | MT5 supports MQL5 Expert Advisors and strategy testing on desktop. | PrimeXBT does not offer VPS hosting, and exact MT5 account fees depend on region. |
| Crypto-funded trader | Bitcoin, Ethereum, Tether, USD Coin and Binance payment routes are available. | The network must match the deposit or withdrawal instructions; crypto withdrawals incur network fees. |
| Trader seeking a current proprietary interface | PXTrader 2.0 is available through a browser and the PrimeXBT mobile experience. | PXTrader is retired, and custom programmable automation is not verified for PXTrader 2.0. |
Before you deposit
Key Conditions to Verify Before Funding
Eligibility and legal entity Tap to read the check Tap to collapse
Confirm that PrimeXBT accepts clients in your country and identify the contracting entity assigned to your account; the Seychelles entity excludes EEA, UK, US, Canada and other restricted jurisdictions.
Leverage by contract Tap to read the check Tap to collapse
Check leverage for the specific instrument and account. Asset-level figures differ from some headline limits and can decrease with position size or market conditions.
Commission and overnight costs Tap to read the check Tap to collapse
Obtain the account- and product-specific commission schedule, and consider swap charges if you expect to hold positions overnight.
Withdrawal route and network Tap to read the check Tap to collapse
Review the current withdrawal quote and use the exact supported crypto network and address; network fees apply to crypto withdrawals.
Platform and automation Tap to read the check Tap to collapse
Choose MT5 if you require desktop MQL5 Expert Advisors; PXTrader is retired and programmable automation is not verified for PXTrader 2.0.
FxFind's Assessment on PrimeXBT
PrimeXBT combines several leveraged markets with crypto and fiat funding routes, and offers a choice between MT5 and its current proprietary platform. The central trade-offs are client eligibility and contracting entity by location, product-specific leverage, and account- and product-specific commission rates. The platform transition also matters to users of PXTrader and those who expect programmable automation in the proprietary interface.
Traders comfortable with derivatives, product-specific margin limits and crypto payment procedures may find the available features relevant, particularly if MT5 desktop tools or a multi-asset account are priorities. Those seeking direct ownership of shares or coins, a single clearly defined leverage schedule or a public investor-compensation scheme may prefer a different structure. PrimeXBT states that client funds are segregated and negative balance protection is available, but it has no investor compensation scheme.
Review method: This assessment draws on broker product and account information, regulator register entries, FxFind scoring and market reference data. It does not claim hands-on testing. See the FxFind Broker Review Methodology for scoring criteria and weightings.
Questions Readers Usually Have About PrimeXBT
Which legal entity serves PrimeXBT clients?
PXBT Trading Ltd is the Seychelles securities dealer for eligible international clients. PrimeXBT (Pty) Ltd is an FSCA-authorised intermediary for South African clients or clients routed to that entity; the product counterparty may be separate. The assigned entity depends on jurisdiction.
What is the minimum deposit at PrimeXBT?
The initial minimum is stated as $1–$10, depending on whether the funding route is a fiat card or cryptocurrency. The method-specific deposit table gives a $10 minimum for each listed method, so the amount depends on the route available to your account.
What leverage does PrimeXBT offer?
Leverage depends on the market and contract. International CFD asset figures include 1:1000 for forex, 1:200 for indices and 1:20 for stocks; crypto CFDs and the additional leveraged crypto futures category are shown at 1:500. PrimeXBT's general terms also give different headline limits for forex pairs, indices and crypto futures, so the contract-specific limit matters.
Does PrimeXBT support automated trading?
MetaTrader 5 desktop supports MQL5 Expert Advisors and strategy testing. Custom programmable automation is not verified for PXTrader 2.0, and PrimeXBT does not offer VPS hosting.
Is PXTrader still available?
No. The original PXTrader was decommissioned and replaced by PXTrader 2.0 from 1 May 2026. PXTrader 2.0 is available through a browser interface and the PrimeXBT mobile experience.
Does PrimeXBT charge withdrawal fees?
Fiat withdrawals are generally free, while cryptocurrency withdrawals incur blockchain network fees. The withdrawal quote is method- or provider-specific, and card and bank routes may also have provider or processing conditions.
Which countries are restricted?
The restricted-country list includes the United States, Japan, Canada, Cuba, Israel, Iran, New Zealand, Syria, North Korea, Sudan, the US Minor Outlying Islands, American Samoa, Russia, Myanmar, Saint Lucia, Puerto Rico, Guam, the US Virgin Islands and the Northern Mariana Islands. The Seychelles entity also excludes clients from the EEA and UK.