Prime XBT
Prime XBT Review 2025 – Is It a Safe Crypto & CFD Broker?
Thinking of trading with Prime XBT? In this detailed review, we examine Prime XBT’s regulations, account types, spreads, fees, platforms, and more. By the end, you’ll know whether Prime XBT is a suitable broker for your trading needs in 2025.
| Feature | Details |
|---|---|
| Broker Name | Prime XBT |
| Founded | 2018 |
| Headquarters | Seychelles |
| Regulations | Unregulated (Offshore entity) |
| Minimum Deposit | $5 (Crypto equivalent) |
| Account Types | Standard Crypto-Margin Account |
| Trading Platforms | PrimeXBT Custom Platform (Web & Mobile) |
| Instruments Offered | Cryptocurrencies, Forex, Indices, Commodities |
| Leverage | Up to 1:1000 (Crypto up to 1:200) |
Regulation & Safety
Prime XBT is not regulated by any major financial authority. This may concern traders requiring strict oversight.
However, the platform includes standard security practices:
- Cold storage for crypto funds
- Two-Factor Authentication (2FA)
- Encrypted trading environment
- Multi-layer infrastructure protection
Account Types Offered
| Account Type | Platform(s) | Spreads From | Commission | Minimum Deposit |
|---|---|---|---|---|
| Standard | PrimeXBT Web & Mobile | Variable spreads | Crypto pairs: 0.05% fee Forex: 0.001% – 0.05% |
$5 (crypto) |
| Margin Trading (Crypto) | PrimeXBT Web & Mobile | Variable spreads | 0.05% per trade | $5 (crypto) |
| Covesting (Copy Trading) | PrimeXBT Web | Depends on manager strategy | Profit-share fees apply | $5 (crypto) |
Trading Platforms
- PrimeXBT Web Platform – advanced charts, indicators, fast execution
- Mobile App (Android & iOS)
- Supports crypto, forex, commodities, and indices
- Integrated Covesting copy-trading module
- Suitable for beginners and professionals
Instruments You Can Trade
- Crypto (BTC, ETH, LTC, XRP, and more)
- Forex pairs with high leverage
- Global indices (S&P 500, NASDAQ, DAX, etc.)
- Commodities (Gold, Oil, Silver)
- Crypto copy-trading portfolios
Spreads, Fees & Commission
- Crypto fees: 0.05% per transaction
- Forex fees: 0.001% – 0.05% depending on pair
- Swap Fees: Overnight funding applies
- Deposit Fees: None (network fees apply)
- Withdrawal Fees: Crypto network fees
- Inactivity Fee: None
Security & Measures
- Cold wallet storage for majority of client funds
- Two-Factor Authentication (2FA)
- Anti-DDoS protection
- Encrypted data transmission
- Address whitelisting for withdrawals
Deposit & Withdrawal Options
| Method | Processing Time | Fees / Notes |
|---|---|---|
| Bitcoin (BTC) | Minutes to hours | Network fees apply |
| USDT (TRC20 / ERC20) | Fast | Network fees |
| USDC / ETH | Fast | Network fees |
| Third-party crypto purchase | Instant | Provider fee applies |
Customer Support
- 24/7 Live Chat
- Email support
- Help Center with FAQs and guides
Pros & Cons
Pros
- High leverage up to 1:1000
- Wide range of crypto & CFD markets
- Low minimum deposit
- Covesting copy trading
- No KYC for basic usage
Cons
- Not regulated
- Crypto-only deposits & withdrawals
- No MT4 or MT5 support
- Funding fees on overnight trades
Is Prime XBT Right for You?
Prime XBT is suitable for traders looking for high leverage, crypto margin trading, and access to a simple but powerful platform. Its Covesting module is ideal for copy-trading enthusiasts.
However, traders seeking strict regulation, fiat deposits, or MT4/MT5 may find it limiting.
If you decide to choose Prime XBT:
Open Live Account with Prime XBT
FAQs About Prime XBT
Is Prime XBT regulated?
No. Prime XBT operates as an unregulated offshore platform.
What is the minimum deposit?
The minimum deposit is as low as $5 in crypto.
Does Prime XBT offer copy trading?
Yes — the Covesting system allows users to follow professional traders.
What leverage does the broker offer?
Crypto up to 1:200, Forex up to 1:1000.
How do deposits/withdrawals work?
All funding is crypto-based, processed quickly depending on blockchain network load.
Disclaimers
Margin trading cryptocurrencies and CFDs involves significant risk. You may lose more than your initial deposit. Always trade carefully and understand the risks involved.
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