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PRIMEXBT -

Score

6.45 /10
Average

PRIMEXBT

South Africa

5-10 years

Regulated in Seychelles

Retail Forex License

MT5 Full License

Global Business

Medium potential risk

Offshore Regulated

https://primexbt.com

Influence

A

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Comparison

Quantity 4

Exposure

Time Machine
Website

Score

Regulatory Index5.23

Business Index7.44

Risk Management Index8.22

Software Index9.08

License Index5.23

The WikiFX Score of this broker is reduced because of too many complaints!
Time Machine
Website

Licenses

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

Single Core

1G

40G

open now

Broker Information

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Company Name

PrimeXBT (PTY) LTD

Company Abbreviation

PRIMEXBT

Platform registered country and region

South Africa

Company website

X

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Company summary

Pyramid scheme complaint

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Check whenever you want

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WikiFX Risk Alerts 2
Previous Detection : 2025-12-12
  • The Seychelles FSA regulation with license number: SD162 is an offshore regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 4 for this broker. Please be aware of the risk!

WikiFX Verification

Exposure

4 pieces of exposure in total
Pyramid scheme complaint
Expose
Severe Slippage

I'm not impressed with

I'm not impressed with PrimeXBT's spreads. While they claim to offer tight spreads from 0.1 pips, I've experienced wider spreads in certain market conditions. Cryptocurrency spreads can be particularly volatile. The lack of transparency and consistency in their spreads has led to unexpected trading costs. For active traders like myself, these costs can eat into profits. I expect more reliable spreads from a reputable broker." ¹

Healer9525
2025-09-11 07:39
Scam

Cannot close position, trading has been deactivated.

Initially, they offered a 100% deposit bonus. After receiving the bonus, odd things started to happen. While trading, the bonus was suddenly withdrawn and shortly after, my account suffered from negative floating. When I tried to close the position, I couldn't. The negative floating got worse and all my balance depleted to zero. I contacted customer service about the issue and they said there was an end-of-month routine check, any transactions would not affect and the balance would be fully returned to the original deposit value. I emailed them every day but the answer was always the same, just to wait without any certainty. Now it's been over 14 days, and my money has not been returned.!!

FX3184846382
2025-04-11 23:29
Scam

I've been deceived!!!

I met someone online! He introduced me to investing, saying that I could make money and withdraw it at the beginning. After a few days, he suddenly asked me to download a trading software called Prime XB丁. This software is not registered and requires mobile phone approval to download. Without much thought, I downloaded and registered an account. The person suggested that I deposit 50,000 yuan first, but I thought it was too much and I didn't have the money. The person kindly advised me not to stick to the rules and to learn to "borrow a chicken to lay eggs." Afterwards, I borrowed 50,000 yuan from a friend and invested it. I then invested another 250,000 yuan, but although the profits doubled, I couldn't withdraw them.

Andy loh
2021-09-17 15:19
Scam

I must expose the disgusting

I must expose the disgusting tactics employed by the PrimeXBT forex platform. The manipulation involved is particularly egregious. My EUR/USD order experienced an abnormal slippage of over 3 pips, resulting in an $800 loss. The platform's customer service excused me by citing "market volatility," completely ignoring the industry standard of 0.5 pip slippage for legitimate platforms during major market fluctuations. This malicious slippage is clearly a technical manipulation exploiting market fluctuations. The financial trap is incredibly subtle. The platform advertises "zero commissions," but when I closed a $10,000 GBP/JPY order, I was inexplicably charged a $350 "transaction fee." This completely fails to guarantee the safety of Malaysian users' funds. Stay away from this unregulated, manipulative, and withholding platform. Protect your money!

FX3924393663
2025-09-04 12:42
Data Source WikiFX Data provide
Updated: 2025-12-12
PRIMEXBT · Company summary
Company NamePrimeXBT
Founded Year2018
Registered CountrySaint Lucia
Regulatory AuthoritiesFSCA and FSRA
FeesZero commission
Trading Assets350+, including crypto futures, CFDs on FX, Commodities, Indices, Stocks
Minimum Deposit$10
Maximum Leverage1:1000
Trading PlatformsPrimeXBT WebTrader, MetaTrader 5, PrimeXBT App
Minimum Spread0.1 pips (CFD trading)
Contact Methodssupport@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.

Overview of PrimeXBT

Regulatory Status

Regulatory AgencyCurrent StatusLicense TypeRegulated ByLicense No.
Financial Sector Conduct AuthorityExceededFinancial Service CorporateSouth Africa45697
The Financial Services Regulatory AuthorityOffshore RegulatedBusiness RegistrationSaint Lucia2024-00343
Regulatory Status
Regulatory Status

Pros and Cons

ProsCons
RegulatedHigh leverage up to 1:1000
MT5 providedWithdrawals fees up to 1%
Multiple Assets
Minimum Deposit starting from $10
Demo Account Available

Market Instruments

AssetsAvailable
Crypto Futures✅
Forex✅
Indices✅
Commodities✅
Stocks✅
CFD's on Forex✅
CFD's on Crypto✅
CFD's on Commodities✅
CFD's on Indices✅
Market Instruments

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.

CategoryItemFees
Trading FeesSpreadNo commission, spreads as low as 0.1 pips (for CFD trading).
Deposit & Withdrawal FeesMinimum Deposit$10 minimum deposit required.
Deposit FeeNo charges
Withdrawal FeeUp to 1%
Account FeesAccount Setup FeeFree account creation
Account Maintenance FeeNo charges for account maintenance.
Demo AccountFree risk-free practice environment.

Trading Platform

Trading PlatformDevicesFeatures & Benefits
PrimeXBT WebTraderWeb-based trading (no download)- Fully customizable interface- Advanced charts & analytical tools- Multi-device access- Fast execution
MetaTrader 5Traditional PC trading (Forex/CFDs)- Supports Expert Advisors (EAs)- Multi-timeframe chart analysis- Diverse order types- Inherits MT4 user base
PrimeXBT AppMobile trading (Android/iOS)- Real-time market timing tools- Powerful chart analysis- Instant order execution- Cross-platform sync
Trading Platform

Deposit & Withdrawal

PrimeXBT offers instant deposits and withdrawals with over 100 payment methods, including Visa, Mastercard, Skrill, Neteller, Standard Bank, Binance Pay, and more.

Deposit & Withdrawal

News

NewsPrimeXBT Expands FSCA Licence and Enhances Crypto Services in 2025

PrimeXBT strengthens its FSCA licence in South Africa, offering enhanced crypto services, product updates, rewards, and new payment options for traders in 2025.

WikiFX
2025-08-12 14:57
PrimeXBT Expands FSCA Licence and Enhances Crypto Services in 2025

NewsWhat Does PrimeXBT's Offshore Regulatory Status Really Mean?

Understanding PrimeXBT's offshore regulatory status, its implications, and what it means for traders looking for transparency and reliability in their investments.

WikiFX
2025-07-29 19:40
What Does PrimeXBT's Offshore Regulatory Status Really Mean?

NewsPrimeXBT Launches MT5 PRO Account for Active Traders

PrimeXBT introduces the MT5 PRO account, offering competitive trading conditions, high leverage options, commission-free crypto trading, and cashback offers for active traders.

WikiFX
2025-07-16 14:40
PrimeXBT Launches MT5 PRO Account for Active Traders

ExposureWikiFX 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.

WikiFX
2023-04-07 17:09
WikiFX Reviews: PrimeXBT
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IshaqJ
0-3months
i know that there is huge emphasis on crypto here, special futures mode with take and maker fees, but dont sleep on commodities. In fact, the broker offers so many CFDs on commodities, even lead and orange juice here :) ... commodites tend to develop strong trends....however, swaps on some of the assets in this market class bite a bit, so be mindful abt that
i know that there is huge emphasis on crypto here, special futures mode with take and maker fees, but dont sleep on commodities. In fact, the broker offers so many CFDs on commodities, even lead and orange juice here :) ... commodites tend to develop strong trends....however, swaps on some of the assets in this market class bite a bit, so be mindful abt that
Translate to English
2025-12-09 21:46
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Nawar_Indahouse
0-3months
Primexbt is well known for crypto futures because of the low fees. I can agree with that, tarded futures several times and couldn’t really notice any fees. However, they also do have a wide range of markets apart from crypto such as forex, metals, indices etc. The fees for them are average, could be a bit tighter…
Primexbt is well known for crypto futures because of the low fees. I can agree with that, tarded futures several times and couldn’t really notice any fees. However, they also do have a wide range of markets apart from crypto such as forex, metals, indices etc. The fees for them are average, could be a bit tighter…
Translate to English
2025-12-05 22:10
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