PrimeXBT
4.4
4.4
Author: Kaitlyn Short
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
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.
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.
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.
Dort Herter Dresden, SN
2 years ago
Rio Trore99 Shanghai, SH
2 years ago
Reply from PrimeXBT
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
Kowa Warsaw, 14
2 years ago Edited September 25, 2023
Reply from PrimeXBT
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
Jordan Frankfurt am Main, HE
2 years ago
Reply from PrimeXBT
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
Anthony
2 years ago
Reply from PrimeXBT
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
Sten
2 years ago
Reply from PrimeXBT
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
Elizabeth Dent Coventry, COV
2 years ago
Reply from PrimeXBT
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
Alan Aiverson Manchester, MAN
2 years ago
Reply from PrimeXBT
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
Robin Leyland, LAN
2 years ago
Reply from PrimeXBT
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
Erin Wallace
2 years ago
Reply from PrimeXBT
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
Rachel
2 years ago
Reply from PrimeXBT
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
Adam
2 years ago
Reply from PrimeXBT
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
Michael Hadden
2 years ago
Reply from PrimeXBT
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
