PrimeXBT Review

PrimeXBT is a Bitcoin-based margin trading platform which offers a new way to trade over 50+ synthetic instruments including Crypto (Bitcoin, Ethereum, Litecoin, Ripple, EOS), Forex, Commodities (Metals, Oil, Gas), and Indices from a single account. To provide highest level of liquidity and instant order execution, PrimeXBT aggregates feed from 12 industry-leading exchanges and feed providers. The company provides access to real-time market data and a wide range of trading analysis tools while maintaining privacy, security, liquidity, and enabling a safe and efficient trading environment for everyone.

 

PrimeXBT Awards


PrimeXBT has gained multiple awards since its launch in 2018. The most recent awards include: Best Bitcoin Margin Trading Platform, Best Cryptocurrency Trading Platform; Best Cryptocurrency and Forex Broker, and Best Crypto Trading App.

 

New but solid player


Although PrimeXBT is a relatively new platform, it already gained a lot of traction thanks to it’s client-centric approach, highest level of privacy to it’s users, variety of trading features and technical analysis tools, 24/7 live support, and secure infrastructure.

 

PrimeXBT offers some unique value propositions and advantages that some traders may truly enjoy:

 

  • Private. PrimeXBT respects it’s users privacy and doesn’t require any lengthy KYC verification procedures. We don’t handle any fiat and we do not provide cryptocurrency exchange services. This allows us to provide instant access to all platforms features.
  • BTC-based. Deposits and withdrawals are in Bitcoin. Bitcoin is used as a margin collateral to trade all markets. All PnL is settled in Bitcoin.
  • Liquid. To provide highest level of liquidity and instant order execution, PrimeXBT aggregates liquidity from several industry-leading exchanges and trading venues.
  • Advanced. Our reliable and intuitive platform offers all the necessary tools to manage and execute orders and analyze market data.
  • Customisable. PrimeXBT invites traders to make the platform their own by customising it with a variety of widgets. In addition, PrimeXBT supports multiple-screens for the most advanced traders who demand the best experience the crypto industry has to offer.
  • Secure. Withdraw, deposit and store your assets in your personal secure wallet. All assets are securely held in our offline storage system to protect users against any possible risk or threat.

 

PrimeXBT trading platform


PrimeXBT is an award-wining powerful trading platform which offers offers all the necessary tools to access global markets, manage and execute orders, and analyze market data.

 

  • A fully customizable workspace, which includes intuitive visualization of market data, and offers an extensive suite of trading tools and that is not all that you can't get! Setup your perfect trading environment now.
  • Place trades, manage orders and work directly from our integrated charts. Use our comprehensive suite of drawing tools and over 50 technical indicators to analyze price trends.
  • Prime XBT offers multiple order types available in the Order Form option to give you the necessary tools to execute your trading strategy and provides increased flexibility on how you enter trades.
  • Withdraw, deposit and store your assets in your personal secure wallet. All assets are securely held in our offline storage system to protect users against any possible risk or threat.

 

PrimeXBT trading conditions


In pricing, PrimeXBT follows clear principles - prices should be competitive and transparent, and never burdened with false incentives. PrimeXBT offers volume-based fees that allows its users to benefit from more attractive prices as the trading activity increases.

 

  • Leverage up to 1000:1
  • Low trading fees for all markets
  • Affordable overnight financing (swap) rates
  • Tight spreads on cryptocurrencies
  • No deposit fees
  • Negative balance protection
 
Disclaimer: PrimexBT products including but not limited to Non-Deliverable Bitcoin Settled Products and Short-Term Bitcoin Settled Contracts are complex instruments and come with a high risk due to leverage. These products are not suitable for all investors. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money. Seek independent advice if necessary.

 

PrimeXBT trading information

 

Minimum position size 0.01
Pip spread on majors 0.1-1.4
Spread Type floating
Maximum Leverage 1000
ECN, $  
STP, $  
Standard account, $ 100
Micro account, $  
Popular payment methods Bitcoin, Credit-cards, cryptocurrency swaps
Account currencies BTC
Available assets Bitcoin, Forex, CFDs, CFDs on Bitcoin, CFDS on Spot metals, CFDS on Indices, CFDs on Energies
Languages 16 languages supported
Platforms PrimeXBT Webtrader, Mobile Traders
Broker type Broker
Regulation SFSA, SVGFSA, ASIC (in process)
Foundation 2018