PrimeXBT Reviews

Summary: PrimeXBT had definitely a variety of assets, platforms and additional services, like copy trading. This is what I liked. I could try as many markets I wanted, finding exactly what was the most suitable. At the end, my choice was left on crypto futures. Stable fees and as I said, much better platform, designed specifically for this easy of trading

Positive: I guess, I’m not the first to say-fees for crypto futures. I compared it to other platforms and they had a gap.

Negative: It was nice to have an opportunity trading CFDs too. But, the platform for these instruments seemed to be not as good as for futures. I didn’t like it much, imo

Summary: All in all, PrimeXBT done a great job in my opinion. Even the cons i mentioned is just a nitpick, apart from that it’s good. For example
- They have fast withdrawals through crypto
- Instant execution
- Many tools
- Pleasure fees

Positive: They have a decent amount of platforms provided for traders, not only for the desktop but for a mobile device as well. I didn’t ignore that and downloaded it of course, and i don’t regret it. You see, as i’m working, i don’t have the 24/7 access to my PC, where i have all my trading setup and stuff. So, the application comes very handy, as the charts are similar and i can make analysis there.

Negative: I think the only disadvantage is the response time from their support team members. Even when i tried to contact them through the app, they responded not as quickly as i wanted them to.

Summary: As I said before, I joined a long time ago, however, I was really dubious about them because they weren’t so popular at that time. In any event, I saw clear signs of a reliable platform and that’s why I decided to give it a shot.
So far I’m focused on trading L2-blockchains since ETH is gaining popularity and started performing better than BTC. It’s just a matter of time when the altseasons starts but I think this summer will be very bullish... xD

Positive: Most of all, I like how I was able to trade on a demo account without any limitations, especially since they didn’t set a certain time on usage and thanks to this I was able to practice as much as possible.
It has been over 2 years since the moment I joined them and customer service has always been responsive and helpful in critical situations. Usually I chat with them through the Telegram channel and it's a convenient way for communication to be honest.
Additionally, I liked how it was to switch from traditional to crypto trading in one click and the platform also changed and the same works vice-versa.

Negative: I don’t know the purpose of offering such a high leverage up to x200 on ETH and BTC because it’s obvious that many traders are gambling and sometimes I also can lose control and give up to greediness. It would be good if they reduced the leverage size and I’m pretty sure nobody will complain about it.

Summary: Overall, for all that time, I’ve been trading with them, I had a lot of positive experiences and earned enough profit. If you want to achieve success, my recommendation is always to use a cross margin rather than an isolated one!!! 😂

Positive: I like how many cryptocurrencies the PrimeXBT provides because this diversity allows me to trade whatever I want and catch the most volatile movements. Glad that they try to add new cryptos that are gaining momentum earlier than other crypto exchanges. Love using high leverage on btc and eth up to x200 and with the proper risk management, everyone can take full advantage of it.
I remember when I joined the company two years ago, I didn’t have any clue about the crypto market. Fortunately, they have an education section where anyone can learn anything about crypto trading through their articles. The quality of materials is top-notch!

Negative: Well, I wouldn’t say they have strong disadvantages, however, I would like to remark about low leverage on altcoins. Yeah, it’s volatile but I want to trade with x100 and higher leverage. I mean, there are a lot of other crypto exchanges that offer this leverage.

Summary: Initially, I was thinking of who will master a new trading app, but it was easier than I thought. I took a day to study and familiarize myself with all on the app. It has some logical order and appealing interface

Positive: Their own trading application is user-friendly, easy to comprehend and highly stable… they have performed a good job in creating such an easy and stable app

Negative: Customer service in general is fine, but I had to wait on them a couple of times for them to respond

Summary: It’s a great platform and trading here has been very easy especially navigating the trade and funding processes, I’ve been here for over 2 years now and its a satisfactory experience.

Positive: When it comes to trades and the number of scams we’ve heard having a strong security and regulation is important and I’m happy it’s here. The trading conditions for crypto are also good.

Negative: The trading conditions for crypto is better than other assets and that’s not fair...

Summary: The main story is: I was struggling to find a way to adjust my leverage on the crypto cfds. Apparently, it works in a different way compared to crypto futures, so I have to watch out for my margin levels and choose the position size accordingly. Learned it by contacting support btw, very helpful fellas 👍

Positive: The platform is pretty advanced and there are lots of ways you can customize your orders. Pretty much no execution delays too

Negative: Currently trending tokens like fartcoin are not always available, most of the pairs are the already established ones

Summary: Recently I closed two BIG SHORT positions on Bitcoin and Ethereum. I think there is still some space for downfall and after that there will be a strong reversal trend. 😎

Positive: Multiple cryptocurrencies available for trading. I know that there are many altcoins and memecoins but mainly I’m trading only Bitcoin and Ethereum because it’s easy to predict their movements. Additionally, PrimeXBT offers a high leverage for trading Bitcoin and Ethereum. I usually use x50 leverage and not higher, I don’t recommend anyone to abuse their leverage.

Negative: Commissions for maker and taker orders are fine and not painful but the problem is that PrimeXBT charges high commissions for funding rates. It would be great if they reduce it.

Summary: PrimeXBT has been a good experience so far! The platform is clean, and pricing is fair. Used it for about
1 year, and while it’s not perfect, it’s worth trying.

Positive: I like how competitive the pricing is especially the spreads Works well for monthly trades.
There is also a $ 500 welcome bonus a huge pro for newbies

Negative: I think it Lacks some advanced features that traders might need.

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