PrimeXBT Logo

PrimeXBT

star star star star star_half
LAST UPDATED: January 9th, 2024

PrimeXBT is a cryptocurrency trading platform that was founded in 2018. The company specializes in Crypto and CFD trading, and traders have the flexibility to trade both in Crypto and FIAT currencies. PrimeXBT positions itself as a one-stop-shop for traders with an interest in cryptocurrencies, commodities, forex, and indices.

PrimeXBT serves a global community of more than 150 countries. However, it is important to note that the company’s services and content are not intended for use in the United States, United Kingdom, or the European Union.

Continue reading to learn more about this cryptocurrency exchange platform or jump down to read PrimeXBT reviews from verified customers.

Top Ranked Companies

thumb_up

The Good

  • Diverse Trading Options
  • Leverage Trading
  • Advanced Trading Tools
  • PrimeXBT Reviews

Diverse Trading Options

PrimeXBT has a wide range of trading options available to users across asset classes, allowing them to diversify their portfolios and explore various markets. Some of the PrimeXBT’s trading options include the following:

  • Cryptocurrencies
  • Forex (Foreign Exchange)
  • Commodities
  • Indices
  • Leverage trading
  • Shorting

While these options can provide opportunities to diversify a portfolio, there is risk involved and it is important to understand markets and trading activities before engaging with them.

Leverage Trading

PrimeXBT offers leverage trading options, allowing traders to use a smaller amount of funds or capital to amplify their position across various asset classes.

While leverage trading can be a high-reward trading strategy, it is also high-risk. Make sure you exercise caution and have a good understanding of markets and trading activities before engaging with the PrimeXBT platform.

Advanced Trading Tools

PrimeXBT has a variety of trading tools that are available for users, allowing them to perform technical analysis and make more informed trading decisions.

PrimeXBT Reviews

PrimeXBT reviews on BestCompany.com are currently limited, but it is worth noting that all available reviews are 4 or 5 stars. Satisfied PrimeXBT users frequently mention the following about their experience with the trading platform:

  • Wide variety of assets
  • Modern, intuitive, and user-friendly interface
  • Excellent customer support
  • Low trading fees compared to the industry average

While PrimeXBT reviews are primarily positive, some reviews mention slow document verification processes, as well as a steep platform learning curve, which could make it challenging to use for new traders.

thumb_down

The Bad

  • Regulatory Compliance
  • Risk Disclosure

Regulatory Compliance

Due to regulatory restrictions in certain countries, PrimeXBT isn’t intended for all users globally. While the company does have a wide reach, it is not intended for use in the United States, United Kingdom, and the European Union.

In some cases, PrimeXBT prohibits users from specific locations to engage with their platform due to regulatory requirements and compliance issues.

Accessibility may change over time, but it is important to determine whether or not you’re able to engage with the platform from your location, or to understand the risks associated with engaging with the platform from a location that has specific regulatory requirements.

Risk Disclosure

Especially for newcomers, PrimeXBT could provide greater risk disclosure and/or educational materials on risk management in trading. However, before engaging with a cryptocurrency trading platform it is important to do your own research to understand associated risks.

gavel

The Bottom Line

PrimeXBT is a popular cryptocurrency trading platform that provides a wide range of trading options, including leverage trading, setting it apart from other cryptocurrency exchange platforms in the industry. The platform serves a global community, but it is not available for use in certain countries, such as the United States and United Kingdom, due to regulatory restrictions.

PrimeXBT reviews on BestCompany.com are primarily positive and satisfied customers frequently highlight the company’s trading options and tools, as well as its customer service.

View Best Cryptocurrency Exchange Platforms

Was this content helpful?
thumb_up Yes thumb_down No

Star Rating

info

4.4

star star star star star_half

31 Reviews

Review Breakdown

5 grade

42%

4 grade

58%

3 grade

0%

2 grade

0%

1 grade

0%

Sentiment Criteria

Value

star star star star star_half

Quality

star star star star star_half

Service

star star star star star_half

Trustworthiness

star star star star star_half
cancel

Filter by:

arrow_drop_down

Sort by:

arrow_drop_down
info
star star star star star

Dort Herter Dresden, SN

PrimeXBT is the real deal. It's got that mix of pro trading features and a smooth user experience. Definitely on top of my list! Pros: Mad Variety of Assets: They ain't playin'. From crypto to the traditional like Forex pairs, commodities, and those global indices, they got it all. Dope Charting Tools: These technical analysis tools are straight fire. User-friendly and deep enough to make those moves confidently. Tight Security: In this wild digital world, PrimeXBT's got your back. Feels good knowing my stacks are safe. Crazy Leverage: They offer up to 1:1000, which is lit! Just remember, with great power comes great responsibility. Bit of a Learning Curve: It's got so much sauce, it might take newbies a minute to catch up.

4 months ago

star star star star star_border

Andy Kim London, ENG

I've been actively using Prime XBT for the past two months, primarily for my copy trading activities. However, it's important to note that there have been occasional moments of concern with regard to the execution speed of orders, particularly during peak trading hours. While these instances haven't been major disruptions, they do require some vigilance and adjustments to my trading strategy to ensure a smoother experience. In summary, Prime XBT has proven to be a valuable tool for my copy trading endeavors, thanks to its cost-effective commission structure.

3 months ago Edited November 20, 2023

star star star star star_border

A.Coll Warsaw, 14

I've been using this platform for half a year. In my humble opinion, one of the most significant advantages is the Covesting feature, which allows copying trades of other traders. This enables profit generation even for those who aren't experts in this field. Overall, it offers a user-friendly interface and excellent support. It's my second platform for trading.

3 months ago

star star star star star_border

Ivona

Flexible and stable, with a variety of tools, this platform allows me to effectively implement my trading strategy. However, customer support can sometimes be slow, especially during peak times. In my opinion, the biggest advantage is their low commission

3 months ago

star star star star star_border

Luis Rothman Coventry, COV

As a user of various platforms, my experience with Primexbt has been positive. I'm particularly impressed with its modern and intuitive interface — everything is straightforward and user-friendly, even for beginners, and it boasts well-executed technical analysis features. The suite of tools and the liquidity it provides are indispensable for any serious trader. Furthermore, the commission rates are quite reasonable. One minor issue I encountered was a slight delay in my document verification process

4 months ago

star star star star star_border

Klims Klop Lisbon, 11

I suggest only one improvement: please, add any electronic wallet to execute deposits and withdrawals in fiat currency. It would make PrimeXBT more user-friendly. Apart from this minor suggestion, I must say that I've been thoroughly impressed with PrimeXBT. Their trading platform is intuitive and efficient, and the range of trading instruments is extensive. The customer support team has been responsive and helpful whenever I've had questions.

4 months ago Edited October 9, 2023

PrimeXBT Logo

Reply from PrimeXBT

Dear Klims Klop, Thank you for sharing your valuable feedback and your positivite experiences with PrimeXBT. We're glad to hear that you're finding our platform intuitive, efficient and our range of trading instruments extensive. Recognition like yours truly motivates us in our ongoing commitment to improving our services. Your suggestion regarding the addition of an electronic wallet for fiat currency deposits and withdrawals has been duly noted and forwarded to our development team. We are always looking for ways to improve and make our platform as user-friendly as possible, and therefore, your input is incredibly valuable to us. In the meantime, should you have more suggestions or need further assistance, don't hesitate to contact us. We're here to help you and make your trading experience even better. Thank you once again for your support! Warm Regards, Team PrimeXBT

Oct. 22nd, 2023

star star star star star_border

Sterling

When it comes to using cryptocurrency platforms, I've always valued a broad range of tools. I appreciated the flexibility in portfolio management and the advanced methods of technical analysis here. However, during periods of high volatility, I noticed slight delays. I hope this feedback will be considered for service improvement.

4 months ago

star star star star star

Rio Trore99 Shanghai, SH

I have been trading on primexbt review for a while now and I am extremely satisfied with their platform. It offers a wide range of trading tools and their customer support is top-notch. Highly recommend Primexbt!

4 months ago

PrimeXBT Logo

Reply from PrimeXBT

Dear Rio Trore99, Thank you for your heart-warming review and for recommending PrimeXBT to others. We are thrilled to hear about your satisfying experience using our platform and we really appreciate you taking the time to share it. We're especially pleased to know that you think highly of our range of trading tools and customer support. Our team's highest priority is to provide a seamless and efficient trading experience for our users and we're happy to hear you are enjoying it. Should you have any questions or need further assistance in the future, please do not hesitate to get in touch. We are here to help you 24/7. Thank you again for your support! Best Regards, Team PrimeXBT

Oct. 22nd, 2023

star star star star star

Kowa Warsaw, 14

Although PrimeXBT isn’t a brokerage service, it provides trading services beyond the crypto market — forex, stocks, and commodities are also available. I like this versatility

5 months ago Edited September 25, 2023

PrimeXBT Logo

Reply from PrimeXBT

Dear Kowa Thank you for your feedback! We're elated to know you appreciate our multi-asset offering. Our aim is to provide versatile services catering to every traders' need. Stay tuned for more improvements! Best, PrimeXBT Team

Oct. 3rd, 2023

star star star star star_border

Marco

This trading platform provided me with everything I was looking for in a crypto exchange, and I am extremely satisfied with my experience on PrimeXBT, especially with their quick and hassle-free withdrawal process

5 months ago Edited September 18, 2023

PrimeXBT Logo

Reply from PrimeXBT

Dear Marco, We're delighted to hear about your positive experience. Ensuring a comprehensive, efficient, and straightforward platform for all our traders is our priority. Your satisfaction confirms our hard work. Happy trading! Best regards, PrimeXBT Team

Oct. 3rd, 2023

star star star star star

Jordan Frankfurt am Main, HE

PrimeXBT provides no restrictions on trading hours. Also, the platform doesn’t have inactivity fees. The trading fees are also lower than the industry average – just 0.05%. Great!

6 months ago

PrimeXBT Logo

Reply from PrimeXBT

Dear Jordan Your acknowledgment of our efforts to provide a seamless and cost-effective trading platform is heartening. We strive to maintain the standards you appreciate. Thank you for your positive feedback and happy trading! Best wishes, PrimeXBT Team

Oct. 3rd, 2023

star star star star star_border

Paggy Gro

I don’t believe in “successful success” but PrimeXBT is actually very close to this kind of platform! Maybe I’m just lucky, but I don’t care tills everything goes smoothly.

6 months ago

PrimeXBT Logo

Reply from PrimeXBT

Dear Paggy Gro, Thank you for your positive words. Your successful journey on PrimeXBT delights us! We believe your success is a blend of your efforts and our platform's features. We're here to continuously support your smooth trading experience. Best Regards, PrimeXBT Team

Oct. 3rd, 2023

star star star star star

Anthony

I cannot feel any negative emotions when I think about trading with PrimeXBT. Although my experience with the platform is only 3 months, I’m fully satisfied with it.

6 months ago

PrimeXBT Logo

Reply from PrimeXBT

Dear Anthony, We appreciate you taking the time to share your positive trading experience with PrimeXBT. We're very pleased to hear that you're enjoying your time with our platform! We strive to ensure all our customers have an exceptional trading experience and your words tell us we're on the right track. We're looking forward to continuing to provide you with high quality service as your journey with us continues. Feel free to reach out if you have any questions or need assistance – we are always here for you! Happy trading! Sincerely, Team PrimeXBT

Oct. 22nd, 2023

star star star star star

Sten

It’s great that I can use different types of charts on PrimeXBT. I mostly use candlestick charts. They are pretty precise here to make the right decisions.

6 months ago

PrimeXBT Logo

Reply from PrimeXBT

Dear Sten, We really appreciate your feedback and are pleased to hear that you find our chart options beneficial. Our goal at PrimeXBT is to provide our users with a comprehensive set of tools to help them make informed and accurate trading decisions. Candlestick charts are indeed a popular choice due to the vast amount of useful information they provide. We place great emphasis on the accuracy of these charts to ensure our users like you can make the most informed decisions possible. As always, if you have any questions or need further assistance, feel free to contact our customer support team. Your continued success is our priority. Many thanks for trading with PrimeXBT. Best regards, PrimeXBT Team

Oct. 22nd, 2023

star star star star star

Elizabeth Dent Coventry, COV

I’ve recently joined a trading Academy from PrimeXBT. So far I like this experience because the majority of content is delivered in an easy-to-comprehend video format.

6 months ago

PrimeXBT Logo

Reply from PrimeXBT

Dear Elizabeth Dent, We're thrilled to hear you're enjoying your experience with our Trading Academy. We recognize the importance of education in the often complex world of trading, so we've put significant effort into creating comprehensive and easy-to-understand content. Your feedback validates our commitment to making learning accessible and enjoyable. We're glad to hear that the video format resonates with you - we strive to cater to various learning styles in order to maximize understanding and application. We look forward to supporting your continued learning journey and trading success at PrimeXBT. Best Regards, The PrimeXBT Team

Oct. 22nd, 2023

star star star star star

Alan Aiverson Manchester, MAN

The website of PrimeXBT opened a world of trading contests for me! Testing your trading strategies against other users was a great and quite rewarding experience!

7 months ago

PrimeXBT Logo

Reply from PrimeXBT

Dear Alan Aiverson, Thank you for your review and for taking part in our trading contests. We're thrilled that you had such a great and rewarding experience through these competitions! We believe that our trading contests are a fun and engaging way to not only test your strategies and skills, but also learn from the diverse approaches of our extensive community of traders. We appreciate hearing about your positive experiences and we're delighted to have you as a part of our trading community. We look forward to seeing you in upcoming contests and we thank you again for your feedback. Best Regards, The PrimeXBT Team

Oct. 22nd, 2023

star star star star star

Robin Leyland, LAN

PrimeXBT trading platform is very user-friendly for me. I can conveniently navigate across the dashboard and add any tools I need for efficient crypto trading.

7 months ago

PrimeXBT Logo

Reply from PrimeXBT

Dear Robin, Thank you so much for your positive feedback. We are thrilled that you find our trading platform user-friendly and efficient. It’s our constant effort to make the trading experience as smooth and convenient as possible, so your comments are affirming for us. Warm Regards, The PrimeXBT Team

Oct. 22nd, 2023

star star star star star_border

Marco K. Melbourne, VIC

The execution of PrimeXBT is nearly perfect. I mostly use stop-loss orders because they are great to minimize all the risks one may face. Thank you for your professional execution!

7 months ago

PrimeXBT Logo

Reply from PrimeXBT

Dear Marco K., We greatly appreciate your kind words and are pleased to know that you find our execution nearly perfect. Our team works hard to ensure seamless execution of orders and optimize our systems, so such positive feedback is truly rewarding. We're particularly glad to hear that you're finding value in our stop-loss feature. We understand the need to have effective risk management tools like these to secure your investments and minimize risks. Thank you for taking the time to share your review. We are motivated by the trust our traders place in us and look forward to keeping up the professional execution you've come to expect. Best Regards, The PrimeXBT Team

Oct. 22nd, 2023

star star star star star_border

Ashley Williams Perth, WA

PrimeXBT offers a fixed leverage of 1:20 for cryptocurrency pairs I trade. For me, that’s a bit too high but I can easily manage all the leverage-related risks with special orders

7 months ago Edited July 27, 2023

PrimeXBT Logo

Reply from PrimeXBT

Dear Ashley Williams, Thank you for your feedback. At PrimeXBT, we are committed to providing a diverse and flexible trading environment. We realize that the fixed leverage of 1:20 for certain cryptocurrency pairs may not appeal to all traders. Our decision for this leverage ratio is intended to balance both the opportunities and risks in the volatile cryptocurrency market. We appreciate your understanding and taking the time to share your experience. We will continue in our efforts to deliver an excellent trading experience. Best Regards, Team PrimeXBT

Oct. 22nd, 2023

star star star star star_border

B.Griffin Melbourne, VIC

Negative balance protection, I believe it would greatly enhance my trading experience if I had increased flexibility and control over my positions. Fast and easy withdraws. Useful tutorials

7 months ago Edited July 14, 2023

PrimeXBT Logo

Reply from PrimeXBT

Dear B.Griffin, Thank you for your valuable insights and suggestions related to negative balance protection. At PrimeXBT, our foremost goal is to shape a trading environment that aligns with our clients' requirements and provide an exceptional trading experience. We understand the need for enhanced flexibility and greater control over trading positions and we will certainly consider your feedback in our ongoing efforts to improve our platform. Again, thank you for your feedback, and we hope to continue serving your trading needs. Best Regards, Team PrimeXBT

Oct. 22nd, 2023

star star star star star_border

Derrick

PrimeXBT is a top-notch trading platform with exceptional leverage options and a user-friendly interface. Highly recommended!

5 months ago

PrimeXBT Logo

Reply from PrimeXBT

Dear Derrick, Thank you for your glowing review! We're delighted to hear you appreciate our interface and leverage options. Your recommendation means a lot to us. We promise to continually deliver high quality service. Best wishes, PrimeXBT Team

Oct. 3rd, 2023

star star star star star

Erin Wallace

I really enjoy conducting technical analysis using PrimeXBT’s tools. With such a selection of indicators and chart types, it’s super easy.

6 months ago

PrimeXBT Logo

Reply from PrimeXBT

Dear Erin Wallace, We're thrilled to know you're finding value in our technical analysis tools. Your experience confirms the focus we put on empowering traders with robust tools. We'll continually work on improving them to support your journey. Kindly, PrimeXBT Team

Oct. 3rd, 2023

star star star star star_border

Philip Moris Coventry, COV

I usually trade with a 1:20 leverage. While some traders consider it too high, I find no problems with that. It’s risky but the potential reward is worth the risk

6 months ago

PrimeXBT Logo

Reply from PrimeXBT

Dear Philip Moris, Thank you for taking the time to share your feedback with us. At PrimeXBT, we understand the varying preferences of different traders and it's rewarding to see seasoned traders like you utilizing our features like leverage effectively. While leverage can indeed increase potential returns, as you've highlighted, it also comes with increased risk. We're pleased to see you acknowledging this dynamic and trading responsibly. Remember, our team is always here to help if you need any assistance. We thank you for choosing PrimeXBT and wish you continued success in your trading journey. Best regards, PrimeXBT Team

Oct. 22nd, 2023

star star star star star

Rachel

PrimeXBT's website has everything a beginner trader might need. I am free to figure out all the issues I’m concerned with.

6 months ago

PrimeXBT Logo

Reply from PrimeXBT

Dear Rachel, We at PrimeXBT are thrilled to hear your positive feedback. We have striven hard to make our platform as beginner-friendly as possible, so it's fantastic to hear you're finding everything you need as a trader. Your freedom to understand and navigate market dynamics is our utmost priority. If any concern does arise, please don't hesitate to get in touch with our customer service team who are always ready to assist you. We thank you again for your valuable feedback and look forward to continually serving your trading needs. Happy trading! Best wishes, PrimeXBT Team

Oct. 22nd, 2023

star star star star star_border

Harry London, ENG

The navigation through the web terminal of PrimeXBT is the same smooth as through its website. You just click the necessary section on the menu and get everything you need.

6 months ago

PrimeXBT Logo

Reply from PrimeXBT

Dear Harry, Thank you for your kind feedback on our platform. We take pride in providing an intuitive and straightforward user interface and we're delighted to hear your positive experience with navigating through our web terminal. User experience is at the forefront of our plans at PrimeXBT. Our objective is to provide a platform that is user-friendly, efficient, and seamless. Your affirmation suggests that we are making strides in the right direction, and we will continue to optimise our platform based on feedback like yours. Thank you for choosing PrimeXBT and for taking the time to review us. Best Regards, The PrimeXBT Team

Oct. 22nd, 2023

star star star star star_border

Alan Kart

I was really impressed with the functionality of the PrimeXBT cryptocurrency trading platform. Basically, it has everything for profitable trading regardless of your style

6 months ago Edited October 2, 2023

PrimeXBT Logo

Reply from PrimeXBT

Dear Alan Kart, Thank you for your positive feedback. We're delighted that you've had such a positive experience with our cryptocurrency trading platform. At PrimeXBT, we are dedicated to providing an inclusive platform that accommodates traders of all styles and levels of experience. It is encouraging to hear that you find our tools and features beneficial for profitable trading. Your kind words greatly inspire us to keep improving and tailoring our platform to meet and exceed the expectations of our users. Thank you once again for choosing PrimeXBT for your trading needs. Best Regards, The PrimeXBT Team

Oct. 22nd, 2023

star star star star star

Adam

What I liked most about PrimeXBT is its copy trading feature. It’s called Covesting. The module is very efficient for strategy sharing and copying.

6 months ago

PrimeXBT Logo

Reply from PrimeXBT

Dear Adam, We wholeheartedly appreciate your review and your praise for our Covesting feature. This module was meticulously designed with the aim of enabling both new and experienced traders to benefit from the collective wisdom and strategies of our trading community. Best Regards, The PrimeXBT Team

Oct. 22nd, 2023

star star star star star_border

Oliver Parker

PrimeXBT is the first crypto trading platform that offers 0.05% maker and taker commissions for crypto pairs. Combined with a low minimum order size, this is a great feature

7 months ago Edited August 2, 2023

PrimeXBT Logo

Reply from PrimeXBT

Dear Oliver Parker, Thank you for recognizing our commission rates and highlighting our minimum order size feature and we prioritize offering competitive and user-friendly features to our traders, so we're delighted to hear that you appreciate this. Best Regards, The PrimeXBT Team

Oct. 22nd, 2023

star star star star star_border

April

Judging from my 2-year experience, I dare say that PrimeXBT offers the most favorable conditions in terms of fees and spreads.

7 months ago

PrimeXBT Logo

Reply from PrimeXBT

Dear April, Thank you for your supportive comments. As a company, we're thrilled to know that you're happy with our trading conditions regarding fees and spreads. It's always gratifying to hear that we are succeeding in our goal to provide customers with the most favorable trading conditions possible. Best Regards, The PrimeXBT Team

Oct. 22nd, 2023

star star star star star

Michael Hadden

When I was joining PrimeXBT two months ago, I could hardly expect such good profits in such a short term!

7 months ago

PrimeXBT Logo

Reply from PrimeXBT

Dear Michael Hadden, We're deeply thankful for your positive feedback and we're thrilled to learn about your successful trading journey with PrimeXBT. Our aim is to provide our clients with a powerful trading platform backed by exceptional service, and hearing the success stories of valued clients like you make our efforts worthwhile. Best Regards, Team PrimeXBT

Oct. 22nd, 2023

star star star star star_border

Tony Brussels, BRU

Real asset for real-time cryptocurrency trading, especially during high-demand market times

4 months ago

PrimeXBT Logo

Reply from PrimeXBT

Dear Tony, Thank you for taking the time to share your experience with PrimeXBT. We're delighted to hear that you're having a positive experience trading real-time cryptocurrency on our platform, especially during high-demand market times. As the digital assets landscape becomes more robust and intricate, we strive to continuously improve our platform so we can offer unmatched services to our users. Your feedback is an important part of that process. Thank you for your continuous support, and happy trading! Best Regards, Team PrimeXBT

Oct. 22nd, 2023