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PXBT

WikiFX | 2026-04-20 23:30

Abstract:  PXBT is a Seychelles-based brokerage company who mainly offers trading services in forex, indices, commodities and shares. It offers a demo account for you to get familiar with the platform and your trading strategy. Trades can be executed on the well-acclaimed and popular MetaTrader 5 platform, enhancing customer experience.

PXBT Review Summary
Founded2006
Registered Country/RegionSeychelles
RegulationFSA (Offshore regulated)
Market InstrumentsForex, indices, commodities, shares
Demo Account✅
SpreadFrom 0.1 pips
LeverageUp to 1000x
Trading PlatformMT5
Minimum Deposit/
Customer SupportLive chat
Tel: +248 4 226 278
Email: info@pxbt.com; help@pxbt.com
Social platforms: Facebook, Instagram, Twitter
Address: IMAD Complex, Office 3, Ile Du Port, Seychelles
Registered Address: Providence Complex, First Floor, Office B11, Providence, Mahe, Seychelles
Principal office: Providence Complex, First Floor, Office B11, Providence, Mahe, Seychelles
Restricted RegionsAfghanistan, American Samoa, Belarus, Canada, Cuba, Democratic Republic of Congo, European Economic Area, Guam, Haiti, Iran, Iraq, Israel, Japan, Libya, Mali, Marshall Islands, Mozambique, Myanmar, New Zealand, North Korea, Northern Mariana Islands, Palestine, Puerto Rico, Russian Federation, Somalia, South Sudan, St. Lucia, Sudan, Syria, Turkey, U.S. Virgin Islands, United Kingdom, United States, United States Minor Outlying Islands, Yeme, Crimea, Donetsk People's Republic, Gaza Strip, Zaporizhzhia and Kherson, Luhansk People's Republic

PXBT Information

PXBT is a Seychelles-based brokerage company who mainly offers trading services in forex, indices, commodities and shares. It offers a demo account for you to get familiar with the platform and your trading strategy. Trades can be executed on the well-acclaimed and popular MetaTrader 5 platform, enhancing customer experience.

However, one crucial point to note is that although the broker is regulated by the FSA, the regulation is offshore only, which indicates limited oversight by the authority.

PXBT's homepage

Pros and Cons

Pros Cons
Demo accountsOffshore FSA regulation
MT5 platformsLimited info on trading conditions
Tight starting spreads
Live chat support

Is PXBT Legit?

PXBT is currently being regulated by FSA (The Seychelles Financial Services Authority) with license no. SD162.

However, you should be aware that the regulation status is offshore only, indicating weaker regulatory oversight.

Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
FSAOffshore regulatedPXBT Trading LtdRetail Forex LicenseSD162
Offshore regulated by FSA

What Can I Trade on PXBT?

Trading InstrumentsSupported
Forex✔
Indices✔
Commodities✔
Shares✔
Cryptocurrencies❌
Bonds❌
Options❌
ETFs❌
What Can I Trade on PXBT?

Account Type & Fees

PXBT not only offers a demo account for you to simulating real trading with virtual funds before tapping into real trading, friendly to all levels of investors.

However, the broker does not disclose much of its live accounts. We can only learn from their mainpage that spread is reletively tight from 0.1 pips and the company does not charge any trading fees.

Trading conditions

Leverage

PXBT offers max leverage up to 1:1000, which should always be dealt carefully to avoid huge losses.

Trading Platform

PXBT claims to use the world renowned MetaTrader 5 platform, which is well-recognized by its robust functionalities such as advanced charting tools, automated trading and analysis indicators.

You can reach the platform on web, or download app from Windows, mobiles phones and Mac.

Trading PlatformSupported Available Devices Suitable for
MT5✔Web/Windows/Mobile phones/MacExperienced traders
MT4❌/Beginners
MT5 platform

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