PrimeXBT review

PrimeXBT

PrimeXBT

PrimeXBT Review – 2025

PrimeXBT is a global trading platform that offers leveraged trading on a wide range of assets, including cryptocurrencies, forex, commodities, and indices. Established in 2018, it has gained popularity among traders for its user-friendly interface and advanced trading tools.

Key Features

  • Wide Range of Tradable Assets: Trade cryptocurrencies like Bitcoin and Ethereum, forex pairs such as EUR/USD, commodities including gold and oil, and indices like the S&P 500.
  • High Leverage: Offers leverage up to 200x on crypto trades and up to 1000x on forex and commodities, allowing traders to amplify their positions.
  • Advanced Trading Tools: Provides built-in charting tools powered by TradingView, multiple order types, and a customizable trading interface.
  • Copy Trading: Features the Covesting module, enabling users to copy the trades of successful traders.
  • Mobile Access: Offers a fully-featured mobile app for Android and iOS, allowing traders to manage their positions on the go.

Fees

  • Trading Fees: 0.05% per trade for crypto markets; 0.001% per trade for forex and indices, with a small overnight financing fee for positions held overnight.
  • Withdrawal Fees: 0.0005 BTC per withdrawal for Bitcoin; fees for other cryptocurrencies may vary.
  • Deposit Methods: Supports cryptocurrency deposits and fiat deposits via debit/credit cards, SEPA transfers, Advcash, and Perfect Money.

Security

  • Two-Factor Authentication (2FA): Adds an extra layer of security by requiring a second form of verification during login and withdrawals.
  • Cold Storage: The majority of user funds are stored in offline cold wallets, reducing the risk of hacking.
  • Encryption: Utilizes SSL encryption to protect user data and transactions.
  • Withdrawal Address Whitelisting: Allows users to whitelist specific withdrawal addresses, enhancing security.

Conclusion

PrimeXBT offers a comprehensive trading platform with a variety of assets, high leverage options, and advanced trading tools. While it provides opportunities for experienced traders to amplify their positions, the platform's unregulated status and occasional technical issues may be considerations for potential users. Overall, PrimeXBT is a solid choice for traders seeking a diverse range of markets and features.

Pros:
  • Wide tradable assets
  • High leverage options
  • Advanced trading tools
  • Copy trading feature
  • Mobile app access
  • Mobile Support
Cons:
  • Unregulated platform concerns
  • Limited fiat deposits
  • Restricted country availability
  • Occasional platform glitches