Score

2.22 /10
Danger

XB Prime

Seychelles

5-10 years

Regulated in Seychelles

Retail Forex License

MT5 Full License

Regional Brokers

High potential risk

Offshore Regulated

C

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Comparison

Quantity 1

Exposure

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Website

Score

Regulatory Index3.92

Business Index7.00

Risk Management Index0.00

Software Index8.71

License Index0.00

Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

MARKETFINANCIALS LIMITED.

Company Abbreviation

XB Prime

Platform registered country and region

Seychelles

Company website

X

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Company summary

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Warning: Low score, please stay away! 2
Previous Detection : 2025-07-02
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
  • The Seychelles FSA regulation with license number: SD006 is an offshore regulation. Please be aware of the risk!

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XB Prime · Company summary
xbPRIME Review Summary
Founded2018
Registered Country/RegionUnited Kingdom
RegulationFSA (Offshore regulated)
Market InstrumentsForex, Commodities, Indices, Stocks, and Crytocurrencies
Demo Account
LeverageUp to 1:500
SpreadFrom 1.2 pips (XB Standard account)
Trading PlatformMT5
Minimum Deposit$10
Customer SupportTel: +27(10)446-3938
Email: info@xbprime.com
Address: Unit F F28 Eden Plaza, Eden Island, Republic of Seychelles
Regional RestrictionsAfghanistan, Barbados, Belarus, Burkina Faso, Canada, Iran, Iraq, Israel, Libya, Myanmar (Burma), North Korea, North Sudan, Palestine, Russia, Romania, South Sudan, Syria, Uganda, Ukraine, USA and Yemen

xbPRIME Information

xbPRIME is an offshore-regulated broker providing access to a variety of financial instruments, including forex pairs, as well as CFDs on commodities, indices, and stocks. The broker offers a demo account, allowing traders to test strategies and familiarize themselves with the platform before committing real funds. With maximum leverage of 1:500, traders can significantly amplify their positions, though this also increases risk.

xbPRIME Information

Pros and Cons

Pros Cons
Demo accounts availableOffshore regulation risks
MT5 providedRegional restrictions
Low minimum deposit of $10
Various trading products
No deposit fees

Is xbPRIME legit?

xbPRIME holds regulatory authorization from the Seychelles Financial Services Authority (FSA) under license number SD006. However, it is currently offshore regulated, which means potential risks may exist.

Regulated AuthorityCurrent StatusLicensed InsituitionRegulated CountryLicense TypeLicense No.
The Seychelles Financial Services Authority (FSA)Offshore RegulatedMarketfinancials LimitedSeychellesRetail Forex LicenseSD006
license

What Can I Trade on xbPRIME?

XBPrime offers trading services on Forex, Commodities, Indices, Stocks, and Crytocurrencies.

Tradable Instruments Supported
Forex
Commodities
Indices
Stocks
Cryptocurrencies
Bonds
Options
ETFs
assets

Account Type

Apart from risk-free demo accounts, XBPrime also offers 3 types of live accounts.

Account TypeMinimum Deposit
XB Standard$10
XB Razor
XB VIP$25,000
Account Type

Leverage

XBPrime stands out by offering an exceptionally high leverage ratio of up to 1:500—far exceeding what most competitors provide. However, traders must recognize that, while such leverage can dramatically boost profit potential, and it equally heightens the risk of substantial losses. High leverage is a double-edged sword: it can accelerate gains just as quickly as it can deplete capital.

Xbprime Fees

Account TypeSpreadCommission
XB StandardFrom 1.2 pips$0
XB RazorFrom 0.0 pips$7
XB VIP$4

Trading Platform

XBPRIME supports MetaTrader 5 platform.

Trading PlatformSupportedAvailable Devices Suitable for
MetaTrader 5 (MT5)mobile, desktopExperienced traders
MetaTrader 4 (MT4)/Beginners
Trading Platform

Deposit and Withdrawal

Payment Options Accepted CurrenciesDeposit Fees
SkrillUSD
Neteller
CryptocurrencyBTC, ETH, XRP
pixBRL
VISA, MastercardUSD, EUR
Wire transferUSD, EUR, GBP
BitwalletJPY
Deposit and Withdrawal

User Reviews

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User comment

9

Comments

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more than one year
The lack of transparency regarding spreads and commissions is concerning. I encountered issues accessing the official website, raising doubts about the platform's reliability. The negative reviews and complaints on various platforms can't be ignored, indicating potential problems. Additionally, undisclosed withdrawal fees and potential withdrawal limits imposed by the broker add uncertainty.
The lack of transparency regarding spreads and commissions is concerning. I encountered issues accessing the official website, raising doubts about the platform's reliability. The negative reviews and complaints on various platforms can't be ignored, indicating potential problems. Additionally, undisclosed withdrawal fees and potential withdrawal limits imposed by the broker add uncertainty.
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2023-12-08 10:21
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zwj39322
more than one year
The undisclosed withdrawal fee and potential withdrawal limits imposed by the broker add an element of uncertainty. The offshore regulation, though disclosed, may pose concerns for those seeking higher investor protection. Despite these drawbacks, my overall experience has been reasonable, but careful consideration of these aspects is advised for potential traders.
The undisclosed withdrawal fee and potential withdrawal limits imposed by the broker add an element of uncertainty. The offshore regulation, though disclosed, may pose concerns for those seeking higher investor protection. Despite these drawbacks, my overall experience has been reasonable, but careful consideration of these aspects is advised for potential traders.
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2023-12-07 19:10
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