PrimeXBT

Multi-asset margin exchange offering crypto perpetuals and traditional CFDs with leverage up to 1000x

Exchange Founded 2018 St. Lucia
Visit primexbt.com
Our score
Very good
Maker fee 0.01%
Taker fee 0.05%
Coins listed 60
Accepts US customers No

What is PrimeXBT?

PrimeXBT is an online multi-asset exchange founded in 2018 that allows traders to cross between cryptocurrency contracts and traditional financial markets from a unified balance. The platform offers perpetual crypto futures, spot asset purchasing, and contract-for-difference (CFD) instruments covering foreign exchange, stock indices, energies, and commodities.

Corporate structure and operations

The exchange operates via several regionally licensed operating entities, with its primary headquarters registered in Castries, St. Lucia. In South Africa, services run through PrimeXBT (Pty) Ltd, an authorized Financial Services Provider. Digital asset services in Latin America run through PrimeXBT Trading Services, S.A. de C.V. in El Salvador. PrimeXBT is also an approved member of the Financial Commission, which operates as an external dispute resolution body for trade conflicts.

Trading mechanics and interfaces

Traders can execute strategies through the proprietary PXTrader 2.0 interface or via third-party MetaTrader 5 (MT5) software. Accounts accept deposits in major cryptocurrencies like Bitcoin and Ethereum alongside fiat payment methods like credit cards and bank wire transfers. Users can trade crypto perpetual contracts with leverage reaching up to 1000x, using crypto collateral to enter positions across more than 350 financial instruments without converting their balances back into fiat currency first.

Fee structure and costs

PrimeXBT charges zero fees on account deposits and assesses no recurring inactivity or account maintenance penalties. Standard crypto perpetual futures incur maker fees starting at 0.01% and taker fees up to 0.045%. Traders enrolled in the multi-tier VIP program receive taker fee reductions of up to 70% based on their active trading volume. Crypto withdrawals incur network transfer fees, while fiat withdrawal fees depend on the third-party processing channel selected.

Regulatory status and platform risks

PrimeXBT holds a Financial Services Provider license (No. 45697) issued by South Africa's Financial Sector Conduct Authority (FSCA). In El Salvador, it maintains a Digital Asset Services Provider license (PSAD-0045) from the CNAD and a Bitcoin Services Provider license from the Banco Central de Reserva. The exchange bars residents of the United States. Trading derivative contracts with up to 1000x leverage presents substantial capital risk, and traders remain exposed to centralized custodial risk when storing funds in platform wallets.

Best for:High-leverage crypto perpetual tradersCross-asset CFD and forex speculatorsAlgorithmic traders using MetaTrader 5

Pros and cons

Pros

  • Crypto perpetual maker fees start at 0.01%
  • Cross-margin trading lets you use crypto collateral on traditional CFDs
  • No deposit fees and no recurring account inactivity penalties
  • Licensed by the FSCA in South Africa and CNAD in El Salvador
  • Provides MT5 platform integration for algorithmic trading

Cons

  • Not available to traders based in the United States
  • High maximum leverage increases liquidation risk for active margin positions
  • Centralized custody model
  • Crypto withdrawals incur network fees

Our review

4.0/5
Very good

PrimeXBT offers high leverage across crypto and traditional markets with zero deposit fees, but it excludes US traders and operates primarily as a leveraged derivatives venue.

Fees4.5
Security & trust3.5
Asset selection4.0
Ease of use4.0
Support4.0

PrimeXBT has operated since 2018 as a multi-asset trading platform that combines crypto derivatives with traditional market CFDs, including forex, stock indices, shares, and commodities. Headquartered in Castries, St. Lucia, the platform serves over 1 million users across 150 countries through regional entities licensed by the South Africa Financial Sector Conduct Authority (FSCA license 45697), the Comisión Nacional de Activos Digitales in El Salvador (CNAD license PSAD-0045), and the Banco Central de Reserva of El Salvador (BSP license 66d10393e8a00a3181b8e457).

The platform offers a unified margin environment and zero deposit fees. Users can deposit crypto or fiat through bank cards or transfers with zero deposit fees, and use digital assets as collateral across more than 350 tradable instruments. Crypto futures maker fees start at 0.01%, while taker fees can reach 0.045% and decrease by up to 70% through tiered VIP volume discounts. Accounts have no inactivity fees, and crypto withdrawals incur network fees.

Execution takes place either through the proprietary PXTrader 2.0 interface or MetaTrader 5, supporting up to 1000x leverage on select products. PrimeXBT provides a $10,000 demo account alongside automated trading tools. PrimeXBT is a member of the external Financial Commission, which provides dispute resolution.

However, significant restrictions apply:

  • Residents of the United States are entirely restricted from registering or trading on the platform.
  • The platform offers about 60 purchasable coins alongside derivatives.
  • Leverage reaching 1000x presents severe liquidation risks for undercapitalized traders during volatile market spikes.

PrimeXBT suits active multi-asset and derivatives traders seeking cross-market exposure between crypto and traditional commodities under one account.

Listings are researched and drafted with AI assistance from public sources, then checked for accuracy and readability. Spot an error? Tell us. Editorial policy.
Sources (2)

Specs

Markets Futures, Margin · unverified
Maker fee 0.01% · unverified
Taker fee 0.05% · unverified
Coins listed 60 · unverified
Fiat deposit methods Bank transfer, Card · unverified
Accepts US customers No · unverified
Mobile app Yes · unverified
Licenses & registrations South Africa FSCA, El Salvador CNAD, El Salvador BCR · unverified
Futures & perpetuals Yes · unverified
Max leverage (x) 1,000 · unverified
P2P market No · unverified
Referral program Yes · unverified

Not disclosed by the provider: KYC required, Proof of reserves, Staking / earn, Security features, Copy trading, Earn / savings products, User protection fund.

Data from the provider's website and public sources. Fees and availability change; confirm on the official site before you sign up.

Key features

PXTrader 2.0 platform

Executes crypto perpetuals, commodities, stock indices, and forex CFDs from a single cross-collateralized trading account.

MetaTrader 5 support

Enables automated strategy execution, custom technical indicators, and expert advisors across CFD markets.

High leverage derivatives

Provides margin leverage options ranging up to 1000x on select currency, commodity, and crypto contracts.

Crypto and fiat onramps

Accepts direct fiat deposits via Visa, Mastercard, and bank transfers alongside digital asset wallets for more than 60 coins.

Zero-deposit fee structure

Processes incoming account deposits with 0% platform deposit fees and charges no monthly inactivity penalties.

VIP fee discounts

Applies trading fee reductions of up to 70% on crypto futures taker rates for high-volume accounts.

Inside PrimeXBT

PXTrader 2.0

The proprietary multi-asset trading platform allows users to execute crypto perpetual futures alongside CFDs for forex, stock indices, and commodities from a single account balance.

MetaTrader 5

An integrated MT5 environment designed for technical CFD and forex trading with support for custom indicators, cent accounts, and algorithmic expert advisors.

Crypto Perpetuals & Futures

A derivatives trading interface for leveraged perpetual contracts covering digital assets such as Bitcoin, Ethereum, and Solana with leverage up to 1000x.

Buy & Exchange Crypto

An onramp and wallet module that enables users to purchase over 60 cryptocurrencies using Visa, Mastercard, or bank transfers, and swap balances directly.

PrimeXBT screenshots

PrimeXBT’s homepage displays trading-focused marketing content, navigation, a signup button, and market price cards
PrimeXBT’s homepage displays trading-focused marketing content, navigation, a signup button, and market price cards · Oct 21, 2026
Docs: PrimeXBT Trading API documentation page with navigation and authentication instructions
Docs: PrimeXBT Trading API documentation page with navigation and authentication instructions · Oct 21, 2026

What users say about PrimeXBT

User feedback is mostly critical. Complaints center on technical outages, delayed or failed deposits, and issues retrieving reward funds. Some positive commentary focuses on the ability to trade traditional assets alongside crypto from a single wallet.

Top goods

  1. Access to traditional financial markets 3 people 123

Top bads

  1. Deposit delays and processing failures 3 people 123
  2. Withdrawals delayed or stuck 2 people 123

In their own words

“"Beyond crypto cycles" is the key line here. I love crypto, but sometimes it sleeps for months. Being able to jump into Nasdaq or Oil when thye are active, then back into crypto when it wakes up, all from the same wallet... that's the setup, indeed.”
Reddit · r/PrimeXBT · Feb 26, 2026 · View post
“Please help, my deposit is stuck My first **$20 deposit** went through without any issues and was credited to my wallet successfully. However, during my **second transaction**, I sent the payment to the provided UPI ID, but the app suddenly closed before I could enter the transaction ID.”
Reddit · r/PrimeXBT · Feb 1, 2026 · View post
“Deposit stuck for over 24 hours on PrimeXBT — Seeking help and advice Hello everyone,I’m facing a frustrating issue with PrimeXBT where my UPI deposit has been stuck and not reflecting in my trading account for over 24 hours now.”
Reddit · r/PrimeXBT · Nov 5, 2025 · View post
“PrimeXBT platform outage liquidated my position – support promised compensation but nothing yet A few days ago the PrimeXBT platform experienced a serious outage (502 gateway errors and connection failures).”
Reddit · r/PrimeXBT · Mar 4, 2026 · View post

Scam warning: Scammers impersonate official support in direct messages to solicit account passwords and verification codes.

Based on 93 Reddit posts and comments from the last 12 months, checked Oct 21, 2026. These are posts by users on other sites, not reviews submitted on CryptoReview.

User reviews

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FAQ

What trading fees does PrimeXBT charge for crypto?

PrimeXBT charges crypto futures maker fees starting from 0.01% and taker fees up to 0.045%. High-volume traders can reduce taker fees by up to 70% through VIP tiers, and deposits incur zero platform fees.

Can US residents use PrimeXBT?

No, PrimeXBT is not available to residents of the United States. The platform serves over 150 countries through regional entities in jurisdictions including South Africa and El Salvador.

What licenses does PrimeXBT hold?

PrimeXBT operates licensed regional entities, including PrimeXBT (Pty) Ltd under South Africa FSCA license 45697. It also holds digital asset provider registrations PSAD-0045 from CNAD and BSP registration 66d10393e8a00a3181b8e457 from the central bank in El Salvador.

What maximum leverage is available on PrimeXBT?

PrimeXBT offers leverage ranging from 1x up to 1000x depending on the asset class and product traded. High leverage is available on select forex pairs and crypto perpetual contracts.

What trading platforms does PrimeXBT support?

PrimeXBT supports its proprietary web and mobile interface, PXTrader 2.0, as well as MetaTrader 5 (MT5). Traders can execute CFDs, forex, and crypto contracts across both desktop and mobile applications.

Latest from PrimeXBT on X

PrimeXBT
@primexbt · 393.5K followers
Follow
Big earnings night 📊

Tonight after the close: Apple and Palantir.
Next up: AMD and Shopify tomorrow. NVIDIA closes it out in November.

Which one are you watching? 👇
https://t.co/alc6mBdUid https://t.co/c7aOuY0R9i
Image attached to the post
0 15 101 3K View on X
📊 Technical Analysis Article

Gold fell more than 3.5% on Friday and touched around $3,870 an ounce, its lowest level since October 2025.

3,920 could now act as resistance. First support below: around 3,700.

https://t.co/igFXZpuEgk

#XAUUSD #Gold https://t.co/mLyJfLUYIf
Image attached to the post
2 19 106 3.6K View on X
Beginner question 🤔

bitcoin:native fell from $87K, found support at $76.3K and is now near $78K.

Support = a price "floor" where buyers tend to show up.

Will $76K hold this week? 👇
0 25 113 3.8K View on X
Polymarket and Binance both reported security issues yesterday.

Binance estimated unauthorised transfers at ~$6.3B and plans to cover losses; over $2B is frozen. BTC, ETH and BNB moved lower.

Check your security: turn on 2FA, double-check links, never share passwords or codes.

How we protect you 👇
https://t.co/Qn1RkJDxpT
Image attached to the post
2 21 99 4.1K View on X
Gold is testing a support area just below 4,000 after the bounce stalled near 4,083. A reclaim could point to 4,020, while a rejection could bring more downside.

https://t.co/LTSFFPwlzC

#PrimeXBT #XAUUSD #Gold https://t.co/ogvzWCB0L5
Image attached to the post
0 20 54 4.7K View on X

Recent public posts from @primexbt, shown as published. Not reviewed or endorsed by CryptoReview.

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