PrimeXBT Review 2025

Understanding how to leverage the features of MT4 can significantly enhance your trading strategies and improve your overall performance on PrimeXBT. This Week’s Summary The crypto market ends the week at a total market capitalization of $2,67 trillion. Some traders also use the volatile nature of Bitcoin as a reason to short sell. Crypto Futures and CFDs are high risk, leveraged products that may not be suitable for all investors, as they can lead to significant losses. But the promises continue, Blue Signals claims to be one of the best crypto signals providers, offering the best crypto signals in the industry, by avoiding „pump and dump“ signals and only providing ones that have a high chance of winning. Our website uses cookies. I determined that PrimeXBT is reasonably safe to trade with due to the following factors. We understand that KYC procedures can sometimes feel burdensome, but they are crucial for preventing fraud https://primexbt-option.com/negociacao-criptomoedas/ and protecting all our users. As PrimeXBT does not offer spot trading, we have used Perpetual Futures as a replacement for the purpose of the trading test. That’s why, in addition to MT5, we also offer our own PrimeXBT WebTrader and App. Unlimited for verified users. Below is an example of how leverage will work on the PrimeXBT platform.

PrimeXBT Trading Platform Is Your Worst Enemy 10 Ways To Defeat It

Select ‚Isolated‘ as the ‚Margin Type‘. The maximum withdrawal amount can vary depending on the user’s verification level and the platform’s security protocols. Furthermore, PrimeXBT stands out from the competition thanks to its competitive spreads and high leverage choices up to 1:1000 for currency pairs. Understanding these fee differences is crucial for managing trading costs and optimizing your trading strategy. Benefit from zero commission and spreads as low as 0. This site contains affiliate links to products/services. PrimeXBT Trading Services, S. But is this a signal to buy Ethereum. PrimeXBT actually lets you buy cryptocurrencies outright. I found out it was impossible. Traders may also use their Apple or Google IDs to complete this step. What Makes EUR/USD the Most Traded Currency Pair. Here are some of the most popular A. You can conveniently sort them according to their total profit. Wishing you continued success,PrimeXBT Team. Not aware of any recent 15% drop in prices. This method effectively measures the capability of customer support to assist both active traders and casual investors.

PrimeXBT Exchange Security

Furthermore, traders should be aware that neglecting risk management practices like stop loss orders can worsen the situation. In the table below, I have listed the maximum retail leverage available with PrimeXBT for instruments from different asset classes. This can be a concern for users seeking platforms with strong regulatory compliance. Hedging is a risk management strategy that involves opening positions in different directions to offset potential losses. I would say yes, as PrimeXBT has been operating successfully for a number of years and is enjoyed by millions of traders worldwide with thousands of positive reviews, but how „legit“ can a broker be without licensing or regulation. You can either elect to use a link with your code embedded or to give your referrals your code when they are signing up. About Brand Press: This is a sponsored content service, enabling brands to directly engage with our technology focused audience. You can see a full list of the leverage limits for the other assets in your account management area or on the PrimeXBT fees page. Best regards,The PrimeXBT Team. After testing PrimeXBT, it’s clear that this platform is designed more for seasoned traders than beginners. At Techopedia, we are committed to offering our users insights that they can trust and rely on to make informed decisions when dealing with crypto assets. Understanding the nuances between cross and isolated margin is crucial for tailoring your trading strategy effectively, and we’re glad our team could provide the clarity you needed. Farming airdrops comes with a set of risks, so make sure your knowledge about online security is up to date. Trade Crypto Futures Contracts incl. The absence of PoR could be a significant deal breaker for many traders, as transparency is crucial when selecting a trading platform to trust with your funds. The reason is that Bybit supports over 500 crypto assets and crypto derivatives, compared to the approximate 40 found on PrimeXBT. Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights in the commission free PrimeXBT account.

PrimeXBT Review: User Reviews and Reputation

For USDT, USDC and COV the withdrawal fees vary depending on the network used. Between February and May, prices displayed relatively stable fluctuations, hovering within the range of $0. The platform has become popular for traders looking to access high leverage and is available in over 150 countries worldwide. Engaging in trading through PrimeXBT, whether by following, copying, or replicating the actions of other traders, carries significant risks, including those associated with following or copying traders. This lack of transparency is concerning, especially since most leading cryptocurrency exchanges began providing PoR after the 2022 collapse of FTX. Dear Marawa,Thank you for sharing your thoughts on trading with PrimeXBT. These risks encompass the possibility of basing your trading decisions on the activities of traders who may lack experience or knowledge, or those whose goals, intentions, or financial conditions may not align with your own. Therefore, we’ve decided not to include our usual rankings for PrimeXBT in this review. Our 24/7 support team here to help. The stock market has been the same for the last fifty years and since online trading first started taking over. This causes a slight delay in funds being available in the account. I don’t know how old your article/review is but I suspect things are stacked against the trader here. Receive the latest news and stay informed. Investors commonly utilize the SandP 500 for passive investing through index funds and Exchange Traded Funds ETFs to gain exposure to a diversified portfolio of large cap US stocks.

Deposit Process

This is why we have collaborated with Sumsub for our identity verification needs, enabling our clients to get verified in a matter of seconds while we remain fully compliant with our obligations. However, a spirited recovery might bring the average price back to $3. Keep reading to learn the benefits of margin trading and the difference between isolated vs cross margin trading and how to use one of these to prevent the liquidation of every single position. Best ECN Forex BrokersBest STP Forex BrokersBest NDD Forex BrokersBest Crypto BrokersBest CFD BrokersBest ETF BrokersBest Binary Options BrokersBest Oil BrokersBest Gold BrokersBest Commodity BrokersBest Stock Trading Brokers. Short selling is the process of selling an asset with the idea of profiting from falling prices. Risk warningBefore engaging with this website and the services made available through it, you should read all relevant Terms and Conditions, policies, and accompanying documentation which govern the Terms of Use of all PrimeXBT products and services. It occurs due to rapid market movements and can result in higher costs for market orders. If the price goes below, it will trigger the sell order netting you some profit, while it cancels the other order. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. PrimeXBT supports two factor authentication 2FA through Google Authenticator, ensuring an additional layer of security. But the transparency of this process raises questions. In order to reduce the possible negative impact of breaking news on your trades, you should actively manage your trades and always use a stop loss. All investments involve risk, losses may exceed the principal invested. This website is owned by PrimeXBT PTY LTD previously named Stack Advisory PTY Ltd a company registered in South Africa, with registration No. This bonus is designed to enhance your trading experience by offering additional capital and benefits. You can also sign up using your Apple or Google accounts. It differentiated itself by offering a wide range of trading instruments, including cryptocurrencies, commodities, and indices, appealing to a diverse group of traders. Below is an overview of the verification levels and their corresponding benefits.

What are the withdrawal fees on PrimeXBT?

The subscription costs two hundred dollars for a month, a little less than five hundred dollars for three months and eight hundred and fifty for six months. Let’s explore margin trading with an example. Note that users who prefer to avoid KYC and stay completely anonymous can opt for decentralized exchanges and Bitcoin ATMs. What is the minimum and maximum amount for a withdrawal. Whilst my experience trading derivatives on PrimeXBT was positive, I was disappointed by the limited number of available markets compared to competitors like Binance and Bybit. If you ever need assistance or have suggestions, feel free to reach out at. I found the absence of direct bank account withdrawals inconvenient, as transactions through third party payment providers typically take longer to process. $2,000 by bank card. Technopedia also seems to follow Coinpedia’s prediction with a positive outlook, reaching $2. This causes a slight delay in funds being available in the account. The content on this website is not intended as investment advice or recommendation or an invitation to participate in any investment activity. However, there’s a demo version for new users who are unsure about using the exchange. While PrimeXBT has maintained a strong security record with no history of hacks, the platform’s limited transparency regarding customer funds and leadership structure raises some concerns. This year may mark a turning point for Polygon as it becomes an indispensable tool for large scale blockchain applications. Our human support team is here to help 24/7, in your language. Before engaging with this website and the services made available through it, you should read all relevant Terms and Conditions, policies, and accompanying documentation which govern the Terms of Use of all PrimeXBT products and services. One barrel fell as low as $30. Unlike many other crypto exchanges, Hodl Hodl does not store users‘ funds but locks them in multisig escrow instead. PrimeXBT stands out in the trading industry with numerous awards for superior performance and innovation. As with any investment, it’s crucial to conduct thorough research and consider your financial goals and risk tolerance before investing in XRP. However, I found the lack of biometric authentication support on the desktop platform disappointing, especially considering that Binance offers fingerprint scanning on the desktop. You will see a message stating that you agree to the processing of your personal data in accordance with the regulations of the exchange. Our Currency Converter uses live rates to provide you with the most up to date conversions.

PrimeXBT provides attractive trading conditions and competitive fees to all platform users

Very High Triple A rating by Certified. Bitcoin’s Decline Could Mean Gains for Solana: $187 Target in Sight. These products are not suitable for all investors. PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Registration No. This is something that you can get in your account management page under the „referral“ section. Investing in cryptocurrencies comes with significant risk. Dear Jake,Thank you for your feedback and review. I also like that although the charting interface looks and functions the same, traders need to switch between margin, spot, and derivatives trading, which in my opinion, keeps things more organized and less cluttered, helping to ensure traders don’t accidentally trade the wrong market. If you have been around the cryptocurrency market for even a short amount of time, certain words pop up again. The team conducts periodical stress tests and security audits to ensure compliance with the strictest security standards in the industry. US Dollar, Australian Dollar, etc.

Shibarium upgrade and beta testing

Brokers operate multiple entities globally, but regulatory protections vary. You can track the status of your promo codes under the ‚Promo campaigns‘ section. There are also a plethora of technical studies and indicators that can be used. Launched in 2018, it has quickly grown to serve clients in over 150 countries, providing them with access to top tier liquidity and a variety of trading tools designed to cater both novice and experienced traders. The broker does not charge handling fees for payments; however, third party processing fees may apply. If you have any further questions or need assistance, please feel free to reach out to us at. This price would however would range from $64. Readers should do their own research. In conclusion, PrimeXBT is a robust trading platform that offers advanced features like copy trading, a user friendly interface, and competitive fees. It was founded in 2018 and registered in Seychelles, with a daily trading volume of over $375 million. In terms of fees on the platform, there are a couple of things you should know. With Blockchain Life 2024 on the horizon, we are gearing up to provide an unforgettable experience in Dubai. Roulette options include European, American, and unique games like Multi Wheel Roulette. Before, I didn’t trade Forex. Virgin Islands, Northern Mariana Islands. These wallets can’t be hacked because they’re not online. Deposits are free, but there are withdrawal fees for cryptocurrencies.

Trading Robots

The forced liquidation of the account is very difficult to overcome. Additionally, certain bonuses may have geographical restrictions and time limits, so it’s essential to review the terms and conditions of each offer to ensure eligibility. Depending on your jurisdiction, some products or services might not be available. Bybit and Coinbase attract different users and specialize in different areas. Here’s where strategic planning comes into play. You have to refer the platform to your friends and family and when they sign up at Primexbt, then you are awarded in cash for this. And please keep in mind that these are only valid for the period of time surrounding the writing of this article at the end of November 2023. Pearce was Senior Investment Manager for the Caribbean Investment Fund, L. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. Brand operating since. I found that funding fees on PrimeXBT were noticeably higher than on Binance and Bybit. I like that Prime XBT is easy to use I don’t have to struggle the interface is good and functions well without freezing or taking long to load. PrimeXBT is an acceptable choice for day traders. PrimeXBT has a refreshing approach to fees in terms of simplicity, keeping things easy. Crypto promotions on this site do not comply with the UK Financial Promotions Regime and are not intended for UK consumers. But i am more into crypto. Every contract represents 1 USD of value. I found the KYC process to be straightforward, with my account being verified instantly. Stay informed about market trends and news by following reputable news sources and financial publications, monitoring key economic indicators, using market analysis tools, following influential traders and analysts on social media, and utilizing PrimeXBT’s educational resources and market analysis updates. We will start this PrimeXBT review with some words about the platform in general. Finish each mission from Step 1 to open missions from the next Step. This is much different than most markets that you may be used to, such as futures or stock markets. Regulations typically focus on areas such as anti money laundering AML, know your customer KYC requirements, and the overall security of trading platforms. With its powerful processor and ample RAM, tasks are completed swiftly and effortlessly. One easy to use way to store your XLM is with software wallets. Real life examples illustrate how stop orders can impact trading outcomes, both positively and negatively. As explained earlier, leverage and margin trading amplifies both your profits and losses. Withdrawal Crypto only.

What are the benefits to trading Forex CFDs?

Understanding the importance of KYC compliance and its impact on trading activities is crucial for all PrimeXBT users. However, many platforms also allow for users to directly connect a local bank account for larger purchases, bank wires, and more. This comprehensive test allows us to provide an informed and reliable review of the exchange’s usability, features, and actual costs. This commitment to inclusivity and innovation has been a hallmark of PrimeXBT’s global operations. Learn more about other kinds of reviews. Overall, we likely know a bit of a dip at the beginning of the year, only to turn around and show signs of strength again. Based trading solutions allow for reaction times not possible by human beings, it removes the potential for emotional trading and human error. The price of Bitcoin and other cryptocurrencies can also be affected by the forces of demand and supply. After that, the English section „For Traders“ will open, where there is a subsection „Education“. 05% commission applied to the raw spread. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. Please be aware that the verification process for customers from South Africa differs from the standard procedure. There are no e wallets available and this makes it difficult for some international customers to deposit. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. PrimeXBT has traders from over 150 different countries. PrimeXBT’s flagship trading station features advanced charting capabilities powered by the seamless TradingView, which helps day traders assess the prevailing market sentiment easily. PrimeXBT offers comprehensive customer support to assist users with any issues or questions they may have. To be a success at Day Trading requires you to master a number of different strategies, be very in tune with your chosen market, and to have some luck go your way. EUR/USD, NZD/USD, GBP/USD, AUD/USD. Additionally, PrimeXBT utilizes both cross margin and isolated margin options, allowing you to strategize risk across various trades. Once you press the „buy“ or „sell“ button, your position is in the market. Our analysis also didn’t find any glaring red flags and appreciate Bybit’s dedication to security. Some coupons may be valid for a few days, while others may last for several weeks or even months. I have broken down the available analytical tools and chart configurations below. This website is owned by PrimeXBT PTY LTD. Finally, execute the transaction by clicking „Send Order,“ with automated exit orders in place for added security. Dear Riaan,Thank you for your positive feedback. It also does not allow direct setting of stop losses or take profits, requiring an additional step after opening a position. Even a small price movement that goes against your favor can completely wipe out your account if you overtrade.

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Click „Trade“ to start trading in the tournament on a demo account. Not only can users participate in the trading contest set up by PrimeXBT, they can also design their own for the trading community. 500 and a stop loss of $44. Not all predictions are going to be neutral and without conflicts of interest. Scan this code to download app. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. Get hand selected news and info from our Crypto Experts so you can make educated, informed decisions that directly affect your crypto profits. The copy trading features allow traders to set up and manage a strategy and/or follow another trader’s strategy. Could you kindly reach out to our support team at. However, PrimeXBT’s clients must also have active accounts with the other broker to gain access to it. During the month of October, we are giving 10 traders a scarily generous $1000 trading bonus. The bonus is given only on the first deposit;2. However, there are serious risks associated with hot wallets as they are vulnerable to hacker attacks. The content of this website is not intended for citizens or residents of the European Union, the wider European Economic Area, or the United Kingdom. It’s considered a secure and trustworthy platform and has never been hacked. On the other hand, Solana sees the future of smart contracts in scalability and operational speeds. Moreover, the fee changes based on the network, such as withdrawing USDT will cost you 10 USDT as an ERC 20 token and 0. Information regarding past performance is not a reliable indicator of future performance. But, the transparency of this process raises questions. Alternative deposits methods are available via the third party provider Changelly, which enables deposits of altcoins, USD, EUR, and more. No, PrimeXBT does not currently offer any services to residents of the United States. While not a top tier jurisdiction, this provides a base level of regulation and oversight. Yield Farming: Risks include smart contract weaknesses that could be hacked or exploited, temporary losses brought on by erratic asset values, and potential money losses associated with subpar or inadequate methods. However, you cannot deposit directly from your bank account or through a credit card. I tested both versions and found that they offered a smooth trading experience without any significant compromises. Of course, there are plenty of whales that own both, just due to how crypto came to be.

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This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. Cardano price predictions can be derived using a variety of techniques. When you short you bet on the price going down and if it goes up you lose money on paper. Understanding these factors can help traders anticipate changes in overnight fees and plan their trades accordingly. However, cryptocurrency trading with PrimeXBT includes a 0. Please note that PrimeXBT reserves the right to initiate KYC verification procedure in certain situations. Entering a trade as a short/long you will find that 9 times out of 10 that your perfect execution will be revisited to hunt that stop loss. Do not waste people’s time. Overall, we likely know a bit of a dip at the beginning of the year, only to turn around and show signs of strength again. The millions of happy PrimeXBT users would probably disagree with me on this point. The content on this website is not intended as investment advice or recommendation or an invitation to participate in any investment activity. The candlestick is analysed by its width, length of the wick and colour. Disclaimer: Our ranking system and methodology are designed to evaluate advanced trading platforms. CET via live chat, which is available from the bottom right corner of the main page. Join 1M+ traders who choose PrimeXBT as their go to trading platform. It’s important to note that withdrawal times can vary depending on network conditions and the specific cryptocurrency being withdrawn. In addition to each of these assets, certain products have been designed as trading instruments that rely on the price of an underlying asset. The market capitalization of crypto was cut in half, and the cardano price prediction of many experts was destroyed, as it dropped down to near $0. Bonuses: Various deposit bonuses are available for deposits of $1000, $2500, and $5000. In the Earn section, users can enjoy guaranteed yields in the Savings section, take advantage of low risk yield options like Liquidity Mining, Shark Fin, Launchpool, or participate in higher risk activities such as Dual Asset. PrimeXBT charges a fixed fee for each cryptocurrency withdrawal to cover the transaction costs of the blockchain network.

Joaquin Lopez

Most Forex trading is done between major institutions and central banks. These products are not suitable for all investors. 86 by the end of 2024. Regulations typically focus on areas such as anti money laundering AML, know your customer KYC requirements, and the overall security of trading platforms. “ The trader certainly would not have an issue paying a little less if they can. PrimeXBT may at any time in its sole and absolute discretion, without notice or assigning any reason therefore, terminate a Promo campaign, or delete, vary, supplement, amend, restrict, withdraw, or modify any one or more of the Promo campaign rules and conditions, including without limitation, eligibility of any client. However, insurance coverage is still rare within the crypto industry. While PrimeXBT impresses with its wide selection of crypto CFDs and crypto futures, its overall instruments offering has a rather narrow scope. By offering a No Deposit Bonus, PrimeXBT aims to create a welcoming environment for new traders and provide them with a valuable incentive to join the platform.

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It should also be noted that they managed to get the Ethereum price target correct to the upside in 2022 before the market fell. Yes, Coinbase requires KYC for all its users. The Fee Reduction Bonus is a bonus that provides users with a discount on trading fees and overnight financing charges on the PrimeXBT platform. Reply from PrimeXBT Copy Trading. We appreciate your appreciation and are here to support your trading journey. Yes and it’s already happening. Founded in 2018, PrimeXBT is a futures and CFD trading platform serving over a million users in more than 150 countries. 99% fee, not PrimeXBT. Finally, the PrimeXBT platform is already well known for its reliability, advanced security features, and the wide diversity of assets are available to trade on the platform. Select the destination where to send your Deposit to. The content of this website is not intended for residents of the European Union, the wider European Economic Area, or the United Kingdom. Inexperienced traders or institutional investors can be fixated about entering trading positions when the price hits a round number. PrimeXBT places paramount importance on user security and data integrity within the cryptocurrency community. PXBT Trading Ltd, is a licensed Securities Dealer in Seychelles under License No.

Equal

Double click trading: This feature enables traders to send new orders, cancel working orders, and close positions without confirmation, all with just a double click. Overnight fees apply to leveraged positions held overnight, calculated based on the asset and the leverage used. PrimeXBT offers a range of technical analysis tools to help traders make informed decisions. Always stay informed about the latest bonus offers and tailor your strategies accordingly. Round 1: Features and Functionality. We will talk more about margin trading later on in this PrimeXBT Tutorial – Complete Guide To Leverage Trading On PrimeXBT. The content on this website is not intended as investment advice or recommendation or an invitation to participate in any investment activity. Funds can also only be accessed via multiple signatures reducing the risk of one compromised party making unauthorized transactions. PrimeXBT offers 24/7 customer service in 15 languages via live chat and email. With our flexible, 4 level Referral Program, you can earn additional income just by introducing friends to PrimeXBT. RELATED: Check out Motley Fool Money’s CEX. Any reliance you place on such information is therefore strictly at your own risk. PrimeXBT offers a variety of withdrawal methods to accommodate traders from different regions and with varying preferences. PrimeXBT PTY LTD is an authorized financial services provider in South Africa with license number 45697 having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. However, a substantial portion of ADA’s supply was already unlocked at launch. For me, I would not deposit much money or any with an unregulated or unlicensed exchange. For comparison, the average Bitcoin spread in the industry is around $34. Please adhere to our Community Policy for writing reviews. The exchange is anonymous and does not require KYC or AML checks, although it reserves the right to conduct verification in certain cases. Some products and/or services might not be covered by the Compensation Fund. However, KYC verification is required for using any fiat services, such as depositing fiat or buying crypto with fiat. Active users across the world.