PrimeXBT Reviews

Summary: Very easy to get into, mt5 I didn't download but the app has easy charts, and the web app had tradingview. Fees were the lowest I found, and over all experience has been stellar. Nothing to be fixed, just add more assets and DON'T raise fees, and you're good.

Positive: obv the main benefit are low fees, for futures trading especially 🤤
lots of assets, including cross-pairs with BTC
many modes to trade, not just futures but copytrade and contests too, participated in a couple, was fun.
for crypto-first company, the amount of licenses they got, and continue to get, is quite novel, feels much safer than I had on a perp dex.
no forced KYC.

Negative: maximum leverage is a bit lower than with some brokers, for cfds especially
minimum order size is quite high. If you have almost no money to trade with, this would feel harsh.

Summary: I traded both forex and bitcoin there, and honestly, the conditions are pretty good for small investments and larger returns, with good spreads and leverage provided by the broker. You can still trust my long experience with them, money can be trusted to them, just make sure to trade with a developed strategy…

Positive: I like that the choice of crypto currencies is that big that even some weird coins, such as shiba and dogecoin are available to trade there😅

Negative: Well, the platform is not for everyone… Interface was visually good, but I don`t locate some drawing tools that I use on a daily basis, I`m like trading artist, so need my brushes😁

Summary: So far, i have used this platform every month for 4 months and the support have helped me a great deal.
It’s a great platform with nice trading conditions and overall cool system!!

Positive: I have used different payment methods but the most reliable and secure are my crypto payment methods. The broker’s fees are also affordable and different assets are offered.

Negative: I genuinely wish it was exclusively a crypto platform but that would be selfish

Summary: I am still using the free trial account only once a week but I would recommend this platform to anyone.

Positive: The platform interface and its features are designed nicely.
The customer support are most times helpful.
The functionality of the platform is very good.

Negative: Navigation of the platform is a bit tricky can do with some simplifying.

Summary: For 10 months now, PrimeXBT has been my everyday platform, I'm good with their pricing and the services they offer and I'll still recommend to anyone.

Positive: Great features and trading tools to use
The platform design is aesthetically pleasing and easy to navigate with regular upgrades.

Negative: Lack of responses is what is drawing them back though, the customer service should be improved upon.

Summary: I'm almost on 2 years with PrimeXBT and actually I'm very upset that i didn't discover this platform in 2018 when it was released. i continued trading on the decentralized exchanges, paying fees left and right, and bridges man... BRIDGES!!!! =((
Once I started trading Prime, it's completely different experience. Feels just solid and I'm not paying for anything extra. + the trading platform (charts & indicators) is way better than people give it credit for I feel.

Positive: - lowest fees for trading crypto ANYWHERE. not even close not even nearly close
- bought my crypto here, it allows for that with real transactions. But can transfer out to the wallets. Easier than P2P by a lot

Negative: - this is mostly for hardcore traders. There are fees for just holding a position. These fees are tiny, but their existence kind of irks me so I can't really hold a position for more than a week, I just break and close it

Summary: Cool thing about this platform is that it provides more than just trading tools.
For example, I use crypto wallets on this platform to store and distribute money.
And crypto that I don't use in trading I sent to a cold wallet🔒
In my PrimeXBT review, I think it's important to list all of these

Positive: I connected my MetaMask wallet to platform🦊
And trading conditions here are more favorable than on most other platforms.
So leverage, if used correctly, can bring large profit even though the margin is small.

Negative: In my opinion, if use platform tools correctly, there will be no problems or disadvantages🤔

Summary: Even when I am extremely busy, I can still make profits here. Even more than having to swing my trades, which is a bad idea trading cryptos, there are many ways to make money here. Like copy trading, or trading futures, that do not have any swap fees.

Positive: - I can trade crypto futures here, and also, I have access to the global markets. I can buy and hold crypto here as well, which is a big plus! What I do is that I withdraw profits to my crypto wallet when I am not trading.

Negative: - Not the easiest trading platform to understand. That is something that many traders agree on.

Summary: Trustworthiness is one of PrimeXBT's strengths. From its commitment to security to customer service, the platform demonstrates a strong intention to build a reliable and safe trading environment for all users. The company is transparent in its practices, ensuring that clients understand its measures for protecting their funds and information. Its adherence to regulatory standards further underpins its reputation. Trustworthiness isn't something one can develop overnight, and it is clear that PrimeXBT has invested considerable effort in earning this trust.

Positive: At PrimeXBT, security is of utmost importance: regulatory compliance, advanced encryption, and user education are just some of the methods by which they ensure the safety of their platform, also providing transparent information so that clients know they are in safe hands.

Negative: Some users might find the Know Your Customer (KYC) process at PrimeXBT slightly lengthy. Understandably necessary for security and compliance reasons, it might be a point of friction for those eager to start trading immediately.

Summary: PrimeXBT crypto trading has become a major source of income for me over the past few months. I get a stable income from trading and even started to allocate some of my money to other areas. For example, recently I also started copying trades of other traders. For me, this is something like passive investment.

Positive: In addition to independent trading, here is a copying service of trades. I use a part of my deposit for this way of making profit.

Negative: I don't like the dark design of this platform. Although it is nothing compared to how convenient and multifunctional the platform is.

Summary: Judging by the chatter on the internet i can see that they have got a pretty good reputation going on, to me, PrimeXBT is a necessity in my trading

Positive: The tools on the trading platform are surprisingly extensive. The platform also has very robust leverage options. And with this smooth user interface, you can run tens of operations every single day, coming in and out of the market without breaking a sweat.

Negative: The user interface is smooth as i have said but it is sort of complex and hard to understand especially for beginners.

Summary: Having worked with PrimeXBT for over a year, I genuinely appreciate the platform's capabilities, especially the integrated tools for technical analysis and the wide range of available trading assets. I like that one can trade not only cryptocurrencies but also Forex, commodities, and global indices here. However, for some traders, the lack of direct Fiat integrations might be a point of consideration, requiring additional steps for currency exchange. All in all, the platform stands as a quite effective tool for serious market trading.

Positive: Integrated tools for technical analysis.
Wide range of available trading assets.
The ability to trade cryptocurrencies, Forex, commodities, and global indices.

Negative: Lack of direct Fiat integrations, requiring additional steps for currency exchange.

Summary: If you don’t have enough crypto trading experience, it’s not a big deal. With PrimeXBT, you can master a good trading strategy on a demo account through contests.

Positive: Novice traders can hone their skills on PrimeXBT's demo account through contests. I like this service.

Negative: Mastering a trading strategy on PrimeXBT's demo account might not cater to all skill levels.

Summary: My friend recommended me to try to improve my trading skill with PrimeXBT. Now, after a month of trading, I can say that this was a really wise piece of advice from him!

Positive: The possibility to improve trading skills with PrimeXBT. I already feel my trading skills have improved.

Negative: It's better for traders with higher tolerance to risks.

Summary: If I didn’t find PrimeXBT, I wouldn’t believe in the possibility to earn money on cryptocurrency investments! The platform gives you all the necessary instruments!

Positive: PrimeXBT equips traders with all the necessary instruments for successful cryptocurrency investments.

Negative: Some traders might seek more comprehensive features.