Company Name
PrimeXBT (PTY) LTD
Company Abbreviation
PrimeXBT
Platform registered country and region
South Africa
Company website
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YouTube
Company summary
Pyramid scheme complaint
Expose
| Company Name | PrimeXBT |
| Founded Year | 2018 |
| Registered Country | Saint Lucia |
| Regulatory Authorities | FSCA and FSRA |
| Fees | Zero commission |
| Trading Assets | 350+, including crypto futures, CFDs on FX, Commodities, Indices, Stocks |
| Minimum Deposit | $10 |
| Maximum Leverage | 1:1000 |
| Trading Platforms | PrimeXBT WebTrader, MetaTrader 5, PrimeXBT App |
| Minimum Spread | 0.1 pips (CFD trading) |
| Contact Methods | support@help.primexbt.com，live chat |
PrimeXBT Information
PrimeXBT is a regulated multi-asset trading platform offering CFDs, forex, indices, stocks, 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 $10, 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 | Exceeded | Financial Service Corporate | South Africa | 45697 |
| The Financial Services Regulatory Authority | Offshore Regulated | Business Registration | Saint Lucia | 2024-00343 |
Pros and Cons
| Pros | Cons |
| Regulated | High leverage up to 1:1000 |
| MT5 provided | Withdrawals fees up to 1% |
| Multiple Assets | |
| Minimum Deposit starting from $10 | |
| Demo Account Available |
Market Instruments
| Assets | Available |
| Crypto Futures | ✅ |
| Forex | ✅ |
| Indices | ✅ |
| Commodities | ✅ |
| Stocks | ✅ |
| 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 | Fees |
| Trading Fees | Spread | No commission, spreads as low as 0.1 pips (for CFD trading). |
| Deposit & Withdrawal Fees | Minimum Deposit | $10 minimum deposit required. |
| Deposit Fee | No charges | |
| Withdrawal Fee | Up to 1% | |
| Account Fees | Account Setup Fee | Free account creation |
| Account Maintenance Fee | No charges for account maintenance. | |
| Demo Account | Free risk-free practice environment. |
Trading Platform
| Trading Platform | Devices | 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 |
Deposit & Withdrawal
PrimeXBT offers instant deposits and withdrawals with over 100 payment methods, including Visa, Mastercard, Skrill, Neteller, Standard Bank, Binance Pay, and more.
