Score
PrimeXBT
South Africa|5-10 years| https://primexbt.com/
Website
Rating Index
MT4/5 Identification
MT4/5
Full License
PrimeXBT-Trade
Influence
A
Influence index NO.1
Mexico 6.04MT4/5 Identification
MT4/5 Identification
Full License
Influence
Influence
A
Influence index NO.1
Mexico 6.04Contact
Licenses
Single Core
1G
40G
1M*ADSL
- This broker exceeds the business scope regulated by South Africa FSCA(license number: 45697)National Futures Association-UNFX Non-Forex License. Please be aware of the risk!
Basic Information
South Africa
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
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Sources
Language
Mkt. Analysis
Creatives
WikiResearchWebsite
primexbt.co.za
Server Location
United States
Website Domain Name
primexbt.co.za
Server IP
104.21.8.154
-
promo-primexbt.com
Server Location
United States
Website Domain Name
promo-primexbt.com
Server IP
107.180.56.141
-
prime-bonus.com
Server Location
Singapore
Website Domain Name
prime-bonus.com
Server IP
52.220.155.145
Company Summary
| Category | Details |
| Company Name | PrimeXBT |
| Founded Year | 2018 |
| Regulatory Authorities | FSCA and FSRA |
| Fee Structure | Zero commission, Minimum deposit: $1, Free deposits/withdrawals (third-party fees may apply) |
| Trading Platforms | PrimeXBT WebTrader, MetaTrader 5, PrimeXBT App |
| Minimum Spread | 0.1 pips (CFD trading) |
| Overnight Swap Fees | Calculated based on currency leverage and holding period |
| Contact Methods | support@help.primexbt.com，live chat |
Overview of PrimeXBT
PrimeXBT is a regulated multi-asset trading platform offering CFDs, forex, indices, and commodities with zero commission and tight spreads starting at 0.1 pips. Licensed by South Africa‘s FSCA and Saint Lucia’s FSRA, it supports flexible deposits from $1 and withdrawals, multi-platform access including WebTrader, MetaTrader 5, and mobile app.
Regulatory Status
| Regulatory Agency | Current Status | License Type | Regulated By | License No. |
| Financial Sector Conduct Authority | General Registration | Financial Service Corporate | South Africa | 45697 |
| The Financial Services Regulatory Authority | Offshore Regulated | Business Registration | Saint Lucia | 2024-00343 |
Market Instruments
| Assets | Available |
| Crypto Futures | ✅ |
| Forex | ✅ |
| Indices | ✅ |
| Commodities | ✅ |
| CFD's on Forex | ✅ |
| CFD's on Crypto | ✅ |
| CFD's on Commodities | ✅ |
| CFD's on Indices | ✅ |
Fees
Spreads and overnight fees are key cost factors; calculate based on trading instruments and holding periods. Withdrawal fees vary by payment method (e.g., bank transfer, crypto wallet). All account operations are free, ideal for beginners and active traders.
| Category | Item | Fee Description | Minimum Amount/Notes |
| Trading Fees | Spread | No commission, spreads as low as 0.1 pips (for CFD trading). | Applies to CFD trades |
| Overnight Swap Fees | Interest paid/received for holding positions overnight. | - | |
| Deposit & Withdrawal Fees | Minimum Deposit | No minimum deposit required. | Starts from $1 |
| Deposit Fee | Free deposits. | No charges. | |
| Withdrawal Fee | Fees depend on payment gateway/blockchain used. | Starts from $0 | |
| Account Fees | Account Setup Fee | Free account creation. | Instant setup |
| Account Maintenance Fee | No charges for account maintenance. | No additional costs | |
| Demo Account | Free risk-free practice environment. | Available for strategy testing |
Trading Platform
| Trading Platform | Use Cases | Core Features & Benefits |
| PrimeXBT WebTrader | Web-based trading (no download) | - Fully customizable interface- Advanced charts & analytical tools- Multi-device access- Fast execution |
| MetaTrader 5 | Traditional PC trading (Forex/CFDs) | - Supports Expert Advisors (EAs)- Multi-timeframe chart analysis- Diverse order types- Inherits MT4 user base |
| PrimeXBT App | Mobile trading (Android/iOS) | - Real-time market timing tools- Powerful chart analysis- Instant order execution- Cross-platform sync |
Keywords
- 5-10 years
- Regulated in South Africa
- Regulated in Saint Lucia
- Financial Service Corporate
- Business Registration
- MT5 Full License
- Global Business
- Suspicious Overrun
- Medium potential risk
- Offshore Regulated
News
News PrimeXBT obtains FSCA License to operate in South Africa
A popular trading platform, PrimeXBT has recently received a license from the Financial Sector Conduct Authority (FSCA) to officially start trading in South Africa.
2024-11-20 20:09
Exposure WikiFX Reviews: PrimeXBT
In today’s article, WikiFX will explore PrimeXBT in depth, examining its features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service, to help you make an informed decision on whether or not to use this platform.
2023-04-07 17:09
News PrimeXBT Allows You to Leverage Trade Popular DeFi and Metaverse Tokens
These blockchain and cryptocurrency-based protocols allow much more futuristic or financial-focused technologies, such as lending and borrowing, as well as virtual reality worlds with digital real estate and individual token economies.
2022-07-01 13:32
News 1 Minute to Know PrimeXBT Before Trading
PrimeXBT is a cryptocurrency and forex broker providing leveraged trading to clients across the world. This review covers the services provided by PrimeXBT, including its trading platforms, crypto predictions, mobile app and supported countries. We will also detail the deposit and withdrawal options, promotional bonuses, fees and KYC verification systems.
2022-05-23 15:37
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MareneGoliath
South Africa
The interface for buy crypto for like hold (not trading) is cool , it automatically calcluate like how much coin ETHEREUM I get for my money. I like it because I can make investment planning according to these calculation. Also it is precicely, like ETH shwing 8 numbers afer 0. in my case.✨✨ BUT! They don't show here about the commission for this buy so I think they need to add it numbers.Also, It would be great if there were more methods to pay from, like maybe SKRILL!
Neutral
2024-12-15
DameonCobb
South Africa
Overall, PrimeXBT is an exciting one-stop trading platform. I like its concept. This is probably the first platform that can be equally good for trading cfds, forex, crypto and crypto futures. However, it can be improved even more. Let’s take the funding options. I believe that such a versatile trading platform should definitely expand its payment options. Having crypto as the only accepted payment method is sort of limiting.
Neutral
2024-11-03
ReinaldoP
Brazil
Platform is mainly focused on crypto, so the articles in the blog gotta be about strategies for trading popular cryptos. I feel like it needs some practical info.
Neutral
2024-09-26
Abdulaziz Onaral
Turkey
Support is friendly and responds to my questions in detail but the speed of responses are slow.
Neutral
2024-04-13
FX1225355498
United Kingdom
My account was blocked for no reason and I was asked to submit the relevant documents which I did. Until today I am yet to receive any response from Prime XBT. My money is also blocked on it. I need it for my child. This is so unfair!!
Neutral
2023-02-20
FX1211224704
Cyprus
Well, I think Prime XBT’s copy trading is just amazing, truly. I made some profits on my forex trading and stock trading through copy trading. It was easy! Account managers also taught me patiently. Everything is so perfect.
Neutral
2023-02-16
自明诚
Malaysia
Well, I think Prime XBT’s copy trading is just amazing, truly. I made some profits on my forex trading and stock trading through copy trading. It was easy! Account managers also taught me patiently. Everything is so perfect.
Neutral
2023-02-16
DouVanMinh
Vietnam
There are differences here! - Futures contracts have TradingView. - CFDs have higher leverage, but only for forex. I like trading futures contracts here, the fees for trading large volumes are very low.
Positive
03-18
DanhGiaBao
Vietnam
A good trading platform, but newcomers may find it a bit difficult to understand...
Positive
02-20
DevrajMishra
India
my experience with PrimeXBT has been positive. I have traded on various platforms, and having the experience to compare them to others, helped me to understand how advanced and friendly it is. I’ve traded a mix of forex and crypto assets, and the platform provides a good range for diversification. Also, the app is pretty simple and intuitive. Pro traders won’t have any trouble in their transition. For beginners, I don’t believe it will be hard to learn it.
Positive
2024-12-24
RajivMenon
India
Primexbt is a cost-effective trading platform, so even if you are fond of trading futures, then taker and make fees are competitive here. If it's about trading global markets, then spreads are declared to start from 0.1 pips which is also quite cheap. I understand that there are many situations wehn spreads widen much, but it's natural to many of the presented markets. Even if you have the biggest pool of liquidity providers - it's inevitable sometimes.
Positive
2024-12-20
GuilhermeE
Brazil
The good thing is, they don`t such outdated thing ,like minimum deposit Other conditions are pretty good, they provide a good simple chart and spread are not widened without any notable reasons. So, overall, PrimeXB was an easy choice for trading crypto
Positive
2024-11-25
LucasAndrade
Brazil
In terms of trading conditions and fees PrimeXBT platform is quite profitable. I can pay 0.02 taker fee. Yes, there is no commission-free trading here, but it's small
Positive
2024-11-09
NgoMinh
Vietnam
Can`t say anything bad for broker, the platform is well-known comfortable MT5 and minimum deposit are only $1, still doesn`t welcome withdrawal charges.
Positive
2024-11-01
OnofreCastillo
Argentina
You can set up a different account for every purpose and make the most of it: crypto futures, conventional markets, social trading, covesting…
Positive
2024-09-20
AritzBilbao
Argentina
For me, an important proof that I can trust this crypto trading project is that it's real. Company doesn't work in the shadows and strives to show its services to the whole world. I opened trading account here because of trading conditions. But I really began to appreciate PrimeXBT for its commitment to openness and transparency of all processes (this is crucial for traders)
Positive
2024-09-12
SergioAguilar
Mexico
I understand that trading crypto futures is more profitable if you trading limit orders. As far as I know all brokers has such a system. But most of the time I trade market orders. This means that commission for such orders slightly higher than for limit orders. And PrimeXBT is a platform with smallest commissions. Both Taker fee and Maker fee are the lowest I ever seen here
Positive
2024-08-24
SerratosH.
Mexico
Making payments on the platform is goddamn convenient. You just sign into acc, jet to the deposit section and here is a broad selection of ways from cards to crypto...
Positive
2024-08-12
Eduardo326
Brazil
With such fees and leverage, crypto trading is really profitable here Commissions are really low🤏 and leverage is what helps me use less margin
Positive
2024-08-04
Aily
Hong Kong
Prime XBT is the real deal! They make it easy to get your money in and out, with fast and secure withdrawal options. Plus, their minimum deposit is super low, so it's accessible for traders of all levels. I'm a big fan!🌋
Positive
2024-07-25