PrimeXBT is a multi-asset trading platform that has operated since 2018. It provides access to crypto futures, currency pairs, cryptocurrency CFDs, indices, commodities, metals and share CFDs.

The PrimeXBT ecosystem changed substantially in 2026. PXTrader 2.0 became the company’s primary proprietary platform, the previous PXTrader infrastructure was retired, and Copy Trading was discontinued.

Available products, leverage, payment methods, verification requirements and legal protections depend on the client’s country of residence and the entity assigned during registration.

PrimeXBT Regulation and Legal Structure

PrimeXBT operates through several legal entities and service partners. It should not be described as a single broker operating under one universal license.

• PrimeXBT (Pty) Ltd: a South African company authorized by the Financial Sector Conduct Authority under license No. 45697.
• PrimeXBT Trading Services, S.A. de C.V.: an El Salvador Digital Asset Services Provider registered under No. PSAD-0045 and a registered Bitcoin Services Provider.
• PrimeXBT Trading Services Ltd: a company incorporated in Saint Lucia under registration No. 2024-00343.
• PXBT Trading Ltd: a separate MT5 service partner licensed as a securities dealer in Seychelles under license No. SD162.

The El Salvador and Saint Lucia entities do not provide MetaTrader 5 services. MT5 availability should therefore be checked after the applicable entity has been assigned.

Registration and Identity Verification

The older description of PrimeXBT as a completely non-KYC platform is no longer accurate. Some account functions may be available before full verification, but the company may require identity checks before deposits or other transactions in certain jurisdictions.

Verification may require:

• the client’s legal name, date of birth and country of residence;
• a passport, identity card or other accepted identification document;
• a selfie or automated facial check;
• proof of residential address;
• source-of-funds documentation when additional review is required.

PrimeXBT states that verification removes the standard $20,000 daily crypto-withdrawal limit, enables additional payment methods and allows fiat withdrawals. Fiat withdrawals require a verified account.

Clients must have reached the legal age of majority and must be at least 18 years old.

PrimeXBT Trading Platforms

PXTrader 2.0

PXTrader 2.0 is PrimeXBT’s main proprietary trading platform. It combines global CFD and forex markets with cryptocurrency futures in one account.

• More than 250 CFD and forex instruments.
• More than 200 crypto-futures instruments.
• Cross and isolated margin.
• Hedging and netting position modes.
• Adjustable leverage of up to 1:1000.
• Market, limit, stop, take-profit and stop-loss orders.
• Desktop browser and mobile-app access.

MetaTrader 5

MetaTrader 5 is available through selected entities and jurisdictions. It supports Expert Advisors, technical indicators, advanced charting, strategy testing and desktop, mobile and browser-based access.

• MT5 Pro: spreads advertised from 0.1 pips, leverage up to 1:2000 and a stated 0% stop-out level.
• MT5 ZeroStop: more than 200 CFD and forex instruments, leverage up to 1:1000 and a 0% stop-out structure where available.

PrimeXBT Mobile App

The PrimeXBT App is available for Android and iOS. It provides account monitoring, charting, order management and access to supported funding and withdrawal methods.

Leverage

Maximum leverage depends on the platform, asset class, position size, account type and contracting entity.

PrimeXBT Fees

The older universal figures of 0.05% for cryptocurrency transactions and 0.01% for every forex or CFD position no longer accurately describe the current fee structure.

Crypto-Futures Fees

• Maker fees start from 0.01%.
• Taker fees start from 0.015%, depending on the applicable tier.
• Trading-volume and VIP discounts may reduce selected fees.
• Open crypto-futures positions may be subject to periodic funding.

Forex and CFD Costs

For forex and CFD products, the main trading cost is generally the bid–ask spread. PrimeXBT advertises spreads from 0.1 pips on MT5 Pro and from 0.2 pips for selected PXTrader products.

Overnight financing may apply when a CFD position remains open beyond the daily settlement time. Actual spreads and financing rates vary by instrument and market conditions.

Current costs should be checked in the platform before an order is submitted because contract specifications and pricing tiers may change.

Minimum Deposit

PrimeXBT does not publish one universal minimum deposit covering every account, payment method, currency and jurisdiction.

The applicable threshold depends on the selected bank card, transfer, electronic wallet, crypto network or local payment provider. A sufficient margin balance is also required to open an individual leveraged position.

Any marketing entry amount should therefore not be interpreted as a guaranteed minimum for every product or customer.

Deposits and Withdrawals

PrimeXBT supports cryptocurrency transfers, bank cards, bank transfers, electronic payment systems and local payment methods. The company advertises more than 100 funding options, although availability depends on the client’s jurisdiction.

• Supported digital assets include BTC, ETH, USDT and USDC.
• Visa, Mastercard, bank transfers and electronic wallets are available in selected regions.
• The platform may not charge a deposit fee for many supported methods.
• Blockchain-network or payment-provider charges may still apply.
• Fiat withdrawals require completed identity verification.
• The withdrawal route may depend on the method previously used to fund the account.

Applicable limits and charges are normally shown before confirmation. Processing times depend on the blockchain, bank, payment provider and any additional compliance checks.

What Happened to Copy Trading?

PrimeXBT previously offered a strategy-copying product known as Covesting and later as Copy Trading. Clients could publish strategies or automatically follow the transactions of other strategy managers.

Under the updated Copy Trading Agreement, the service was discontinued on May 1, 2026. The following features should no longer be presented as available:

• creating new public strategies;
• following strategy managers;
• automatically copying transactions;
• viewing active strategy rankings;
• earning ongoing strategy-manager rewards.

Older reviews and promotional sections describing Copy Trading should be removed or clearly identified as historical information.

Demo Account

PrimeXBT provides a free demo account that can be opened without a real-money deposit.

The simulated environment can help users understand the interface, order types and margin calculations. However, it does not fully reproduce real slippage, liquidity, execution pressure or the psychological impact of financial losses.

Security

PrimeXBT describes several measures intended to protect client accounts and assets:

• two-factor authentication;
• encrypted wallet infrastructure;
• cold storage for part of the digital assets;
• specialized custody and payment partners;
• segregation of operational and client funds where applicable;
• negative-balance protection for supported accounts;
• email or PIN confirmation for withdrawal requests;
• session and account-access controls.

These measures do not prevent losses caused by market movements, liquidation, phishing, compromised credentials or unauthorized transactions approved by the account holder.

Regional Restrictions

PrimeXBT is not available in every jurisdiction. The applicable list depends on the entity and may be updated over time.

Current company disclosures identify several restricted jurisdictions, including the United States, Canada, Iran, North Korea and Russia. Additional restrictions are contained in the applicable legal terms.

The company also states that its website is not directed at residents of the European Economic Area or the United Kingdom and that it does not actively solicit clients from those regions.

Access to a website or mobile application does not confirm that a particular product is legally available in the visitor’s country. Final availability is determined during registration.

PrimeXBT Advantages

• PXTrader 2.0 combines CFD, forex and crypto-futures markets.
• More than 250 CFD and forex instruments.
• More than 200 crypto-futures instruments.
• MetaTrader 5 access through selected jurisdictions.
• Forex, cryptocurrencies, commodities, indices and share CFDs.
• Cross and isolated margin.
• Hedging and netting modes.
• A free demo account.
• 24/7 customer support.
• Crypto and fiat payment options.
• Mobile applications for Android and iOS.

PrimeXBT Disadvantages and Risks

• Complex legal structure and different conditions across jurisdictions.
• MetaTrader 5 is not available to every client.
• Copy Trading is no longer available.
• Leverage of up to 1:2000 creates an extremely high risk of rapid losses.
• Fees and limits differ by product and account tier.
• Identity verification may be required before deposits or withdrawals.
• The platform has a substantial list of restricted jurisdictions.
• CFDs and crypto futures are unsuitable for users who do not understand margin and liquidation.

User Reviews

Positive user reviews commonly mention platform speed, the selection of markets, mobile access and the ability to use cryptocurrency-denominated accounts alongside traditional CFD instruments.

Critical reviews are more likely to mention verification, regional restrictions, withdrawal conditions, leveraged liquidations and differences between advertised leverage and the actual limit for a particular instrument.

Individual comments do not prove that a platform is either reliable or unreliable. Complaints should be assessed together with the applicable agreement, account history, transaction records and communication with customer support.

FORECK.INFO Verdict

PrimeXBT remains a technically capable multi-asset platform combining crypto futures, forex and CFDs. PXTrader 2.0, selected access to MetaTrader 5, mobile applications and multiple payment methods make the platform competitive from a functional perspective.

However, a current review must account for the closure of Copy Trading, identity-verification requirements, the multi-entity legal structure and extremely high maximum leverage. The older description of PrimeXBT as a platform operating entirely without KYC no longer reflects its current conditions.

According to FORECK.INFO, PrimeXBT may be relevant only to adult, experienced market participants in permitted jurisdictions who understand CFDs, futures, margin requirements and forced liquidation. Maximum leverage should not be used as the primary criterion when evaluating a trading platform.

Frequently Asked Questions

Can PrimeXBT be used without KYC?

Some functions may be available before full verification in selected jurisdictions. However, PrimeXBT may require verification before deposits, requires it for fiat withdrawals and applies limits to certain unverified transactions. It is therefore inaccurate to describe the platform as completely non-KYC.

What is the minimum deposit at PrimeXBT?

There is no single minimum covering every payment method, currency, account and instrument. The applicable amount depends on the jurisdiction, provider and margin required for the selected position.

What is the maximum leverage at PrimeXBT?

MT5 Pro advertises leverage of up to 1:2000. PXTrader 2.0 offers up to 1:1000 on forex and selected commodities, up to 1:500 on crypto futures, up to 1:200 on indices and up to 1:20 on shares.

Does PrimeXBT support MetaTrader 5?

Yes, but MT5 is not available through every entity or jurisdiction. Availability is determined during account registration.

Is PrimeXBT Copy Trading still available?

No. PrimeXBT discontinued Copy Trading on May 1, 2026.

What is PXTrader 2.0?

PXTrader 2.0 is PrimeXBT’s main proprietary platform for global CFDs, forex and crypto futures.

What are the crypto-futures fees?

Maker fees start from 0.01%, while taker fees start from 0.015%, depending on the applicable account tier. Periodic funding may also apply to open positions.

Does PrimeXBT offer a demo account?

Yes. A free practice account is available without a real-money deposit.

What is the minimum age for PrimeXBT?

A client must have reached the legal age of majority and must be at least 18 years old.