PXBT Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-06-05 15:19

Abstract：　　PXBT is a Seychelles-based brokerage company who mainly offers trading services in forex, indices, commodities and shares. It offers a demo account for you to get familiar with the platform and your trading strategy. Trades can be executed on the well-acclaimed and popular MetaTrader 5 platform, enhancing customer experience.

PXBT Review Summary
Founded	2006
Registered Country/Region	Seychelles
Regulation	FSA (Offshore regulated)
Market Instruments	Forex, indices, commodities, shares
Demo Account	✅
Spread	From 0.1 pips
Leverage	Up to 1000x
Trading Platform	MT5
Minimum Deposit	/
Customer Support	Live chat
	Tel: +248 4 226 278
	Email: info@pxbt.com; help@pxbt.com
	Social platforms: Facebook, Instagram, Twitter
	Address: IMAD Complex, Office 3, Ile Du Port, Seychelles
	Registered Address: Providence Complex, First Floor, Office B11, Providence, Mahe, Seychelles
	Principal office: Providence Complex, First Floor, Office B11, Providence, Mahe, Seychelles
Restricted Regions	Afghanistan, American Samoa, Belarus, Canada, Cuba, Democratic Republic of Congo, European Economic Area, Guam, Haiti, Iran, Iraq, Israel, Japan, Libya, Mali, Marshall Islands, Mozambique, Myanmar, New Zealand, North Korea, Northern Mariana Islands, Palestine, Puerto Rico, Russian Federation, Somalia, South Sudan, St. Lucia, Sudan, Syria, Turkey, U.S. Virgin Islands, United Kingdom, United States, United States Minor Outlying Islands, Yeme, Crimea, Donetsk People's Republic, Gaza Strip, Zaporizhzhia and Kherson, Luhansk People's Republic

PXBT Information

　　PXBT is a Seychelles-based brokerage company who mainly offers trading services in forex, indices, commodities and shares. It offers a demo account for you to get familiar with the platform and your trading strategy. Trades can be executed on the well-acclaimed and popular MetaTrader 5 platform, enhancing customer experience.

　　However, one crucial point to note is that although the broker is regulated by the FSA, the regulation is offshore only, which indicates limited oversight by the authority.

Pros and Cons

Pros	Cons
Demo accounts	Offshore FSA regulation
MT5 platforms	Limited info on trading conditions
Tight starting spreads
Live chat support

Is PXBT Legit?

　　PXBT is currently being regulated by FSA (The Seychelles Financial Services Authority) with license no. SD162.

　　However, you should be aware that the regulation status is offshore only, indicating weaker regulatory oversight.

Regulated Country	Regulator	Current Status	Regulated Entity	License Type	License No.
	FSA	Offshore regulated	PXBT Trading Ltd	Retail Forex License	SD162

What Can I Trade on PXBT?

Trading Instruments	Supported
Forex	✔
Indices	✔
Commodities	✔
Shares	✔
Cryptocurrencies	❌
Bonds	❌
Options	❌
ETFs	❌

Account Type & Fees

　　PXBT not only offers a demo account for you to simulating real trading with virtual funds before tapping into real trading, friendly to all levels of investors.

　　However, the broker does not disclose much of its live accounts. We can only learn from their mainpage that spread is reletively tight from 0.1 pips and the company does not charge any trading fees.

Leverage

　　PXBT offers max leverage up to 1:1000, which should always be dealt carefully to avoid huge losses.

Trading Platform

　　PXBT claims to use the world renowned MetaTrader 5 platform, which is well-recognized by its robust functionalities such as advanced charting tools, automated trading and analysis indicators.

　　You can reach the platform on web, or download app from Windows, mobiles phones and Mac.