PrimeXBT Reviews

just few months here....in general a good broker, different trading modes, they are good for both crypto and traditional fx traders...

Great trading plaform...crypto futures, arlight. PXTrader 2.0 has nice TV charts, that is for sure a big plus as I have a number of indicators and drawign tools.

well, the thing that should be worked on is spreads, for fx pairs, they are not so tight imho

the experience was very smooth and funny in good way. I expected boring registration like banks, but it was more like opening crypto wallet. Compared to Binance, where you wait for confirmations, here everything instant. I was trading before my coffee got cold. No heavy verification, no stress, just straight to trading. For people who hate paperwork and love speed, this platform feels like upgrade from old financial world. Not perfect, but easy, fast, and surprisingly enjoyable

Opening account here was faster than sending Bitcoin in busy network 🤣 No joke. Few clicks, email, done. No long verification, no waiting days, no selfie with passport and paper in hand. They even allow you trade without full verify, which feel very crypto spirit. Platform is simple, clean, and everything load fast.

Because it’s so easy and fast, you can start trading too quickly if you not careful. Also interface look simple but still need little time to understand all features. Compared to Binance transfer sometimes taking longer, this was not instant fun

Best in terms of price, design, and ease of use, partly because it's not on chain so its free to build all these things. One of the better places to start coins trading I believe, as it even has a 'demo' mode. Learning with no risk there.

50+ technical indicators and drawing tools. Good market analysis section (Trading Central available after actual deposit). Full TradingView charts, and their own PXtrader that is not based on Tradingview but looks similar visually.
In all, its institutional-quality analytical capabilities, but available for retail, and without paying anything, even a subscription for it.

Its not natively built on blockchain so its not CEX or DEX, its a separate business, accepting payments and working with price oracles. Some coin maxis scoff at that, to me though its an advantage.

All in all, PrimeXBT done a great job in my opinion. Even the cons i mentioned is just a nitpick, apart from that it’s good. For example
- They have fast withdrawals through crypto
- Instant execution
- Many tools
- Pleasure fees

They have a decent amount of platforms provided for traders, not only for the desktop but for a mobile device as well. I didn’t ignore that and downloaded it of course, and i don’t regret it. You see, as i’m working, i don’t have the 24/7 access to my PC, where i have all my trading setup and stuff. So, the application comes very handy, as the charts are similar and i can make analysis there.

I think the only disadvantage is the response time from their support team members. Even when i tried to contact them through the app, they responded not as quickly as i wanted them to.

I know that trading futures here is much more affordable than elsewhere, and sure, 0.01% for maker is one of the lowest, if not THE. Still, I like the rest as well, CFDs and education and the rest, it's high quality all across the board. I don't use the other functions as buying crypto, but trading it, surely a nice place to do so.

Pxtrader charts has quite nice design and a lot of features to allow me to just make better choices, it may not be a lot, but even some pips matter when putting a TP or SL, because market still can reverse right before hitting your target.

I only wish there were much more education, and more market overviews as well, perhaps in short video format? That'd be sweet.

Very easy to get into, mt5 I didn't download but the app has easy charts, and the web app had tradingview. Fees were the lowest I found, and over all experience has been stellar. Nothing to be fixed, just add more assets and DON'T raise fees, and you're good.

obv the main benefit are low fees, for futures trading especially 🤤
lots of assets, including cross-pairs with BTC
many modes to trade, not just futures but copytrade and contests too, participated in a couple, was fun.
for crypto-first company, the amount of licenses they got, and continue to get, is quite novel, feels much safer than I had on a perp dex.
no forced KYC.

maximum leverage is a bit lower than with some brokers, for cfds especially
minimum order size is quite high. If you have almost no money to trade with, this would feel harsh.

The main story is: I was struggling to find a way to adjust my leverage on the crypto cfds. Apparently, it works in a different way compared to crypto futures, so I have to watch out for my margin levels and choose the position size accordingly. Learned it by contacting support btw, very helpful fellas 👍

The platform is pretty advanced and there are lots of ways you can customize your orders. Pretty much no execution delays too

Currently trending tokens like fartcoin are not always available, most of the pairs are the already established ones

Was not getting into crypto trading because I thought its much harder than the regular forex one, and the platforms are less reliable. Turns out, its pretty much the opposite right now. PrimeXBT even has same forex CFDs I've traded before, but just has them at a lower rate. Only difference really is the withdrawals are not to bank, but to wallets, but in terms of fees it is actually less, and I've even found a way to spend usdt on servers cost now, without having to exchange it.

I like the trade window, pretty customizable. I've heard there are better, but in reality this has everything that I could want. I don't trade with robots and don't create my own add-ons, so everything is good for me.

The website is very dark and opporessive, I havent found the 'light' button in the UI (maybe I'm blind?). I wish the colors and charts in general were more customizable.

Overall, I like primexbt for their progress over the past two years. I have been with them all this time, and it’s very noticeable. They always had good trading fees compared to crypto biggest exchanges (I’m trading crypto futures btw, primarily BTC and ETH intraday), but they also started to work on their offerings, platform, features, education etc. That’s a sign of a good long term broker.

The platform reminds me of binance one, but is more practical in my opinion. It has tradingview charts inside of it, but is also packed with various trading indicators and geometric shapes. Furthermore, the design is awesome. It’s very user friendly and when I launched the platform, I didn’t have any problems navigating through it.

It’s a personal opinion, but I didn’t quite enjoy copy trading. It seems I have trust issues, because whenever I start to copy someone I end up following, as I’m not really sure what he is going to do next. Honestly, better to trade on my own 😂

Generally speaking, I’m very satisfied with their education section since I learned a lot and now I know how exactly I have to trade numerous instruments...😎

Today I’m not going to talk about the trading conditions, let’s be smart and we should pay more attention to their educational materials. There is so much valuable information about various instruments and how exactly we should trade assets. Ya know what surprised me most of all, they publish not only crypto articles but also about traditional markets and even more than crypto ones.

As you understand, we live in the 21st century and AI narrative is everywhere, so it would be great if they add the AI assistant or something like that and we will take the max outcome of that.

My trading is somewhat the fusion of gold, forex and crypto futures. I dont think I will only be trading one of these asset classes because I do analysis for all. You cant be missing out the opportunities just because you are focused on single asset class, and when I see the chances I take it.

Biggest advantage is the costs on futures trading, maker is low, taker is also low, and get can even lower
Many different campaigns like vip to make the costs even lower
Nice charting experience for futures trading becaus of tradingview charts + feats

Costs on cfd can be much lower and they have much spreads sometimes.
also for cfd trading I would add much more assets because its not enough now

I like trading here because i like to trade forex and crypto. With most other standard cfd brokers, you get some list of cryptocurrencies available for trading, but most of the time the spreads are too wide, the leverage is like 5-10x, maybe 15x if you are lucky to have found a better broker. Here you get the best from both worlds. Leverage on bitcoin, staggering 100x.
Also, trading costs are tiny… but I understood that after trading for a while. When i was exploring their trading conditions, i checked the fees but when they are displayed in percentages.. Oh my gosh, it’s all Japanese to me :)

Access to both worlds, the traditional market and the digital crypto market, from one place with excellent trading terms

It’s not a standard cfd broker, so prepare to give some time to understand the concept, the platform and even the trading costs.

I see some people with same statements as mine, but yes its true the low fees are the main draw for me too. Compared to the rest of the field, its 4 to 20 times cheaper, and I'm sure I can find some that have fees at 500 or more times, I'm just not interested in researching it.
But compared to the rest, the exchanges and the decentralized protocols, the amount of features is also impressive. Both copy trading and the competitions I haven't seen utilized this prominently nowhere else. The main thing is that competitions don't even require deposit. Also, there is no requirement of KYC if you pay and get paid only with crypto, which is a huge advantage for me, I don't like to spread my info online.

The variety of tools it gives me;
The app works well;
The online platform is great: lots of features, indicators, very customizable;
The pricing model is perfect and fair.
Ease of use is great, I didn't even have to upload any of my documents to start trading.

As a relatively new trader, I didn't get much suppoort, and there was no resources for me to read to get my bearings.
Support definitely doesn't always know whats going on, especially with CFD trading they are not as good as could be.

Their platform is perfect for trading crypto futures, there’s nothing complicated about using it. After the huge dump in the crypto market, I decided to trade only on isolated margin because that’s how you can be safe and avoid liquidation of your whole deposit in case something critical happens again!!!

I’ve been trading with PrimeXBT already for 1,5 years and since then I liked how they made a few updates, one of them was global where they changed the functionality of the platform, added many advanced features, changed the design of their official website, and made it easier to get in touch with the support team.
They added a lot of new altcoins, and I loved to trade them because they’re very volatile, with small risks you can easily survive there.

Even though the support team works 24 hours a day and 7 days a week, I wouldn’t say they’re fast, it takes a while until you get a response from them, not critical, but just a remark.

I am trading here ok and mostly use the platform for crypto-related transactions and fast swaps.

You can start trading on a live account with some small amounts just to give it a try. And what’s good is that regardless of popularity and volatility of an instruments, you always get to pay a flat taker and maker fee.

The charting tools on the platform are too crude, of course, they are enough to analyze the price but if you prefer a more detailed view, this could be a drawback...

Recently I closed two BIG SHORT positions on Bitcoin and Ethereum. I think there is still some space for downfall and after that there will be a strong reversal trend. 😎

Multiple cryptocurrencies available for trading. I know that there are many altcoins and memecoins but mainly I’m trading only Bitcoin and Ethereum because it’s easy to predict their movements. Additionally, PrimeXBT offers a high leverage for trading Bitcoin and Ethereum. I usually use x50 leverage and not higher, I don’t recommend anyone to abuse their leverage.

Commissions for maker and taker orders are fine and not painful but the problem is that PrimeXBT charges high commissions for funding rates. It would be great if they reduce it.

As I said before, I joined a long time ago, however, I was really dubious about them because they weren’t so popular at that time. In any event, I saw clear signs of a reliable platform and that’s why I decided to give it a shot.
So far I’m focused on trading L2-blockchains since ETH is gaining popularity and started performing better than BTC. It’s just a matter of time when the altseasons starts but I think this summer will be very bullish... xD

Most of all, I like how I was able to trade on a demo account without any limitations, especially since they didn’t set a certain time on usage and thanks to this I was able to practice as much as possible.
It has been over 2 years since the moment I joined them and customer service has always been responsive and helpful in critical situations. Usually I chat with them through the Telegram channel and it's a convenient way for communication to be honest.
Additionally, I liked how it was to switch from traditional to crypto trading in one click and the platform also changed and the same works vice-versa.

I don’t know the purpose of offering such a high leverage up to x200 on ETH and BTC because it’s obvious that many traders are gambling and sometimes I also can lose control and give up to greediness. It would be good if they reduced the leverage size and I’m pretty sure nobody will complain about it.

PrimeXBT had definitely a variety of assets, platforms and additional services, like copy trading. This is what I liked. I could try as many markets I wanted, finding exactly what was the most suitable. At the end, my choice was left on crypto futures. Stable fees and as I said, much better platform, designed specifically for this easy of trading

I guess, I’m not the first to say-fees for crypto futures. I compared it to other platforms and they had a gap.

It was nice to have an opportunity trading CFDs too. But, the platform for these instruments seemed to be not as good as for futures. I didn’t like it much, imo

If I recall correctly, I joined less than 6 months ago and since then I’ve been trading every week, it’s not possible to rest when you’re in crypto trading. The market works even on weekends, and I’m trying to be in shape by reading their articles. They reminded me how important it is to identify correlation of BTC with XAAUSD.

The platform is perfect for trading crypto futures. Everyone knows how hard it is to trade this type of instrument and how wild volatility there is. And primexbt offers a lot of options on how to be effective during trading, there’re isolated and crossed margin modes available, different types of pending orders and all of this together gives you a comfortable environment to develop your trading skills and make profits...

The customer service works around the clock and I appreciate it, but I’d like to get very fast responses, especially when it comes to problems like transferring funds, ya know anything might happen. Recently, I accidentally put a wrong crypto address during withdrawal and I panicked, not knowing what to do. I had to wait 20 minutes until I got their response, so that’s why I want them to answer in less than 5 minutes. xD

I traded both forex and bitcoin there, and honestly, the conditions are pretty good for small investments and larger returns, with good spreads and leverage provided by the broker. You can still trust my long experience with them, money can be trusted to them, just make sure to trade with a developed strategy…

I like that the choice of crypto currencies is that big that even some weird coins, such as shiba and dogecoin are available to trade there😅

Well, the platform is not for everyone… Interface was visually good, but I don`t locate some drawing tools that I use on a daily basis, I`m like trading artist, so need my brushes😁