The 
PrimeXBT
- FSCA regulated
- FSA regulated
- FSC regulated
- CNAD regulated
- Official Partner
- Tier C · High Risk
- WikiFX Average · High Risk
Best for: Crypto futures & CFDs on one platform
Reviewed by The Forex Orbit Research Team · Last checked August 2026
PrimeXBT is an official partner of The Forex Orbit. If you open an account through our link we may earn a commission, at no extra cost to you. The risk tier, red flags and complaints on this page are published regardless of this relationship. How we handle affiliate links.
"Up to $1,000" is the top figure PrimeXBT advertises for its free weekly trading contests; what you can win depends on the contest rules. Promotions are PrimeXBT's own, as listed on primexbt.com/promotions in October 2026. They can change or end without notice, and eligibility varies by country: PrimeXBT's entities do not offer services to residents of the USA, Canada, Iran, North Korea, Russia and other restricted jurisdictions, and its content is not intended for residents of the EEA or the UK. Trading CFDs and crypto futures carries a high risk of loss. This is an affiliate link and we may earn a commission. Offer last checked October 2026.
Quick Verdict
A crypto-first, multi-asset broker with low headline costs: spreads from 0.1 pips, no CFD commission, no deposit or withdrawal fees and leverage up to 1:1000. The trade-off is risk. Regulation is mostly offshore (the South African FSCA licence is the strongest), Trustpilot has suspended its rating after removing fake reviews, and WikiFX flags it as high potential risk after unresolved client complaints. Best suited to experienced traders who accept offshore-broker risk and keep position sizes small.
Core Specs
- PXTrader 2.0
- MT5
- Mobile App
Regulation & Safety
- FSCA
- FSA
- FSC
- CNAD
Pros & Cons
Pros4
- Pro: Spreads from 0.1 pips with no commission on CFDs
- Pro: No deposit or withdrawal fees charged by PrimeXBT
- Pro: Crypto futures, CFDs and spot trading on one platform (PXTrader 2.0)
- Pro: Negative balance protection and Financial Commission membership
Cons4
- Con: No Tier-1 regulation (FCA, ASIC, CySEC); CFD leverage sits with offshore entities
- Con: Trustpilot has suspended PrimeXBT's rating after removing fake reviews
- Con: Traders report cancelled profits and account restrictions (PrimeXBT disputes this)
- Con: Not available in the US, Canada, UK/EEA, Japan and other markets
User Sentiment & Reviews
No Trustpilot score is currently published for this broker (418 reviews are listed).
Trustpilot currently shows no TrustScore for PrimeXBT: the page says the company's rating is unavailable because of a breach of Trustpilot's guidelines, and that fake reviews have been removed.
More on reputation
Of 418 reviews listed, 47% are 5-star and 30% are 1-star, and many of the positive ones are labelled as invited. Positive reviewers praise the easy-to-use platform and fast, fee-free withdrawals. Critical reviewers describe cancelled profits (one reports about $14,900 removed), withdrawal disputes and account restrictions; PrimeXBT's public replies cite its terms and alleged mirror trading and give no case-specific evidence. WikiFX scores PrimeXBT 5.47/10, labels it High Potential Risk and says the score was lowered because of a high volume of unresolved client complaints. Weigh both the glowing and the critical reviews with caution.
Review Highlights
Placeholder content- Illustrative review
Exceptional execution speeds on the MT5 Raw account
I've been trading with them for 6 months and the latency is consistently under 30ms. No slippage during NFP.
AlexTrader99 · 2 weeks ago
- Illustrative review
Good broker but support can be slow on weekends
Spreads are tight, but when I had a deposit issue on a Saturday, I didn't get a response until Monday morning.
FX_Sarah · 1 month ago
Regulatory Status & Safety
PrimeXBT trades through several group entities. PrimeXBT (Pty) Ltd is an authorised financial services provider in South Africa (FSCA, licence 45697), according to the broker's own site. FXEmpire and WikiFX also list PXBT Trading Ltd (Seychelles FSA securities dealer licence, named by FXEmpire as the execution venue for client orders), PXBT Capital Ltd (Mauritius FSC investment dealer licence) and PrimeXBT Trading Services, S.A. de C.V. (El Salvador, CNAD licence PSAD-0045 and BCR Bitcoin Services Provider status; this entity does not offer CFDs). A Saint Lucia company is registered but unregulated. PrimeXBT is not regulated by the FCA, ASIC or CySEC and its site is not intended for residents of the EEA or UK. Because the highest leverage (up to 1:2000 on some MT5 accounts, per third-party data) sits with the Seychelles and Mauritius entities, clients have no government-backed compensation scheme. PrimeXBT is a member of The Financial Commission, whose fund covers eligible disputes up to EUR 20,000, and advertises negative balance protection. Licence details come from the broker and third-party reviews and have not been checked against the regulators' public registers: confirm which entity your account is opened with before depositing.
Trading Conditions
| Execution Model | Execution by group entity (CFDs) — crypto futures use an order book |
|---|---|
| Spreads (EUR/USD) | Advertised from 0.1 pips on MT5 Pro; FXEmpire's May 2026 test showed EUR/USD at 0.9-1.0 pips on a PXTrader account |
| Commission Structure | CFDs: no commission (cost is in the spread); crypto futures: maker/taker percentage fees that fall with volume (third-party reviews cite roughly 0.01-0.05%) |
| Swap / Islamic Accounts | Overnight swaps apply; swap-free (Islamic) accounts on MT5, not on PXTrader 2.0 |
| Min. Deposit & Leverage | $0 · 1:1000 |
Deposits, Withdrawals & Fees
PrimeXBT says it charges no deposit or withdrawal fees, though payment processors and blockchain network fees can still apply; WikiFX lists a withdrawal fee of up to 1%, so check the current fee schedule. Deposits can be made in crypto (BTC, ETH, USDT), by Visa or Mastercard, SWIFT wire and e-wallets such as Skrill, Neteller and Volet. FXEmpire reports minimums from none (crypto) to about $2,500 (SWIFT). Crypto withdrawals are generally processed within a day, while fiat wires take longer. Reviewers also report withdrawal limits and extra checks on accounts that are not fully verified.
Red Flags & Controversies
WikiFX lists PrimeXBT as High Potential Risk, lowered its score to 5.47/10 over unresolved complaints, and warns about look-alike websites impersonating the broker, so only use links from the official site. Trustpilot has suspended PrimeXBT's rating for a guideline breach and removed fake reviews. Traders allege cancelled profits (PrimeXBT's replies cite alleged mirror trading under its terms), account blocks after KYC and withdrawal restrictions. Regulation is mainly offshore with no statutory compensation scheme, leverage up to 1:1000 magnifies losses quickly, and independent tests found spreads wider than advertised on stock CFDs and Bitcoin. CFDs are complex instruments and most retail traders lose money.
"Over $4,600" is the total PrimeXBT advertises across all of its rewards. Each reward needs a task to be completed or a trading-volume milestone to be reached, so the full amount needs every step and very large trading volume. Promotions are PrimeXBT's own, as listed on primexbt.com/promotions in October 2026. They can change or end without notice, and eligibility varies by country: PrimeXBT's entities do not offer services to residents of the USA, Canada, Iran, North Korea, Russia and other restricted jurisdictions, and its content is not intended for residents of the EEA or the UK. Trading CFDs and crypto futures carries a high risk of loss. This is an affiliate link and we may earn a commission. Offer last checked October 2026.
Frequently Asked Questions about PrimeXBT
What is the minimum deposit to open an account with PrimeXBT?
PrimeXBT's minimum deposit is $0. Minimums can vary by account type, so confirm the exact figure for the specific account you're opening on PrimeXBT's own site before funding.
How does leverage work at PrimeXBT?
PrimeXBT offers leverage up to 1:1000. Leverage lets you control a larger position than your deposit alone would allow, but it magnifies losses as well as gains — higher leverage means a smaller adverse price move can wipe out a larger share of your margin. See our full guide to leverage and margin for how this actually plays out.
Is PrimeXBT a regulated broker?
Yes — PrimeXBT is regulated by FSCA, FSA, FSC, CNAD. Always verify the current license status directly on the relevant regulator's public register before depositing, since broker licensing can change.
What trading platforms does PrimeXBT support?
PrimeXBT supports PXTrader 2.0, MT5, Mobile App.
What are PrimeXBT's typical spreads?
Advertised from 0.1 pips on MT5 Pro; FXEmpire's May 2026 test showed EUR/USD at 0.9-1.0 pips on a PXTrader account
Does PrimeXBT accept cryptocurrency deposits?
Yes — based on our research, PrimeXBT accepts cryptocurrency as a funding method.
What is a pip, and how does it affect trading costs at PrimeXBT?
A pip is typically the smallest standard price move in a currency pair — usually the fourth decimal place (0.0001). With PrimeXBT's spreads from 0.1 Pips (MT5 Pro), that cost is deducted the moment you open a trade, before it's moved in your favor at all. See our full guide to pips and spreads for the mechanics.