PrimeXBT Reviews

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.

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.

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.

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.

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

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😁

It’s a great platform and trading here has been very easy especially navigating the trade and funding processes, I’ve been here for over 2 years now and its a satisfactory experience.

When it comes to trades and the number of scams we’ve heard having a strong security and regulation is important and I’m happy it’s here. The trading conditions for crypto are also good.

The trading conditions for crypto is better than other assets and that’s not fair...

Initially, I was thinking of who will master a new trading app, but it was easier than I thought. I took a day to study and familiarize myself with all on the app. It has some logical order and appealing interface

Their own trading application is user-friendly, easy to comprehend and highly stable… they have performed a good job in creating such an easy and stable app

Customer service in general is fine, but I had to wait on them a couple of times for them to respond

PrimeXBT has been a good experience so far! The platform is clean, and pricing is fair. Used it for about
1 year, and while it’s not perfect, it’s worth trying.

I like how competitive the pricing is especially the spreads Works well for monthly trades.
There is also a $ 500 welcome bonus a huge pro for newbies

I think it Lacks some advanced features that traders might need.

So far, i have used this platform every month for 4 months and the support have helped me a great deal.
It’s a great platform with nice trading conditions and overall cool system!!

I have used different payment methods but the most reliable and secure are my crypto payment methods. The broker’s fees are also affordable and different assets are offered.

I genuinely wish it was exclusively a crypto platform but that would be selfish

Overall, for all that time, I’ve been trading with them, I had a lot of positive experiences and earned enough profit. If you want to achieve success, my recommendation is always to use a cross margin rather than an isolated one!!! 😂

I like how many cryptocurrencies the PrimeXBT provides because this diversity allows me to trade whatever I want and catch the most volatile movements. Glad that they try to add new cryptos that are gaining momentum earlier than other crypto exchanges. Love using high leverage on btc and eth up to x200 and with the proper risk management, everyone can take full advantage of it.
I remember when I joined the company two years ago, I didn’t have any clue about the crypto market. Fortunately, they have an education section where anyone can learn anything about crypto trading through their articles. The quality of materials is top-notch!

Well, I wouldn’t say they have strong disadvantages, however, I would like to remark about low leverage on altcoins. Yeah, it’s volatile but I want to trade with x100 and higher leverage. I mean, there are a lot of other crypto exchanges that offer this leverage.

I'm almost on 2 years with PrimeXBT and actually I'm very upset that i didn't discover this platform in 2018 when it was released. i continued trading on the decentralized exchanges, paying fees left and right, and bridges man... BRIDGES!!!! =((
Once I started trading Prime, it's completely different experience. Feels just solid and I'm not paying for anything extra. + the trading platform (charts & indicators) is way better than people give it credit for I feel.

- lowest fees for trading crypto ANYWHERE. not even close not even nearly close
- bought my crypto here, it allows for that with real transactions. But can transfer out to the wallets. Easier than P2P by a lot

- this is mostly for hardcore traders. There are fees for just holding a position. These fees are tiny, but their existence kind of irks me so I can't really hold a position for more than a week, I just break and close it

Even when I am extremely busy, I can still make profits here. Even more than having to swing my trades, which is a bad idea trading cryptos, there are many ways to make money here. Like copy trading, or trading futures, that do not have any swap fees.

- I can trade crypto futures here, and also, I have access to the global markets. I can buy and hold crypto here as well, which is a big plus! What I do is that I withdraw profits to my crypto wallet when I am not trading.

- Not the easiest trading platform to understand. That is something that many traders agree on.

Trustworthiness is one of PrimeXBT's strengths. From its commitment to security to customer service, the platform demonstrates a strong intention to build a reliable and safe trading environment for all users. The company is transparent in its practices, ensuring that clients understand its measures for protecting their funds and information. Its adherence to regulatory standards further underpins its reputation. Trustworthiness isn't something one can develop overnight, and it is clear that PrimeXBT has invested considerable effort in earning this trust.

At PrimeXBT, security is of utmost importance: regulatory compliance, advanced encryption, and user education are just some of the methods by which they ensure the safety of their platform, also providing transparent information so that clients know they are in safe hands.

Some users might find the Know Your Customer (KYC) process at PrimeXBT slightly lengthy. Understandably necessary for security and compliance reasons, it might be a point of friction for those eager to start trading immediately.

PrimeXBT's crypto trading platform is one of a kind. I like that from one account you can trade:
- digital assets
- traditional assets
- and pretty much everything!

- Crypto margin trading
- Traditional assets available
- Pretty low cost of trading
- Hassle-free withdrawals

It takes time to understand the trading conditions