Score

5.85 /10
Average

PrimeXBT

South Africa

5-10 years

Regulated in South Africa

Financial Service Corporate

MT5 Full License

Global Business

Suspicious Overrun

Medium potential risk

Offshore Regulated

A

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Score

Regulatory Index4.29

Business Index7.27

Risk Management Index8.22

Software Index9.00

License Index4.29

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Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

PrimeXBT (PTY) LTD

Company Abbreviation

PrimeXBT

Platform registered country and region

South Africa

Company website

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WikiFX Risk Alerts 2
Previous Detection : 2025-04-10
  • This broker exceeds the business scope regulated by South Africa FSCA(license number: 45697)National Futures Association-UNFX Non-Forex License. Please be aware of the risk!
  • The Saint Lucia FSRA regulation with license number: 2024-00343 is an offshore regulation. Please be aware of the risk!

WikiFX Verification

PrimeXBT · Company summary
CategoryDetails
Company NamePrimeXBT
Founded Year2018
Regulatory AuthoritiesFSCA and FSRA
Fee StructureZero commission, Minimum deposit: $1, Free deposits/withdrawals (third-party fees may apply)
Trading PlatformsPrimeXBT WebTrader, MetaTrader 5, PrimeXBT App
Minimum Spread0.1 pips (CFD trading)
Overnight Swap FeesCalculated based on currency leverage and holding period
Contact Methodssupport@help.primexbt.com,live chat

Overview of PrimeXBT

PrimeXBT is a regulated multi-asset trading platform offering CFDs, forex, indices, and commodities with zero commission and tight spreads starting at 0.1 pips. Licensed by South Africa‘s FSCA and Saint Lucia’s FSRA, it supports flexible deposits from $1 and withdrawals, multi-platform access including WebTrader, MetaTrader 5, and mobile app.

Overview of PrimeXBT

Regulatory Status

Regulatory AgencyCurrent StatusLicense TypeRegulated ByLicense No.
Financial Sector Conduct AuthorityGeneral RegistrationFinancial Service CorporateSouth Africa45697
The Financial Services Regulatory AuthorityOffshore RegulatedBusiness RegistrationSaint Lucia2024-00343
Regulatory Status
Regulatory Status

Market Instruments

AssetsAvailable
Crypto Futures
Forex
Indices
Commodities
CFD's on Forex
CFD's on Crypto
CFD's on Commodities
CFD's on Indices
Market Instruments

Fees

Spreads and overnight fees are key cost factors; calculate based on trading instruments and holding periods. Withdrawal fees vary by payment method (e.g., bank transfer, crypto wallet). All account operations are free, ideal for beginners and active traders.

CategoryItemFee DescriptionMinimum Amount/Notes
Trading FeesSpreadNo commission, spreads as low as 0.1 pips (for CFD trading).Applies to CFD trades
Overnight Swap FeesInterest paid/received for holding positions overnight.-
Deposit & Withdrawal FeesMinimum DepositNo minimum deposit required.Starts from $1
Deposit FeeFree deposits.No charges.
Withdrawal FeeFees depend on payment gateway/blockchain used.Starts from $0
Account FeesAccount Setup FeeFree account creation.Instant setup
Account Maintenance FeeNo charges for account maintenance.No additional costs
Demo AccountFree risk-free practice environment.Available for strategy testing

Trading Platform

Trading PlatformUse CasesCore Features & Benefits
PrimeXBT WebTraderWeb-based trading (no download)- Fully customizable interface- Advanced charts & analytical tools- Multi-device access- Fast execution
MetaTrader 5Traditional PC trading (Forex/CFDs)- Supports Expert Advisors (EAs)- Multi-timeframe chart analysis- Diverse order types- Inherits MT4 user base
PrimeXBT AppMobile trading (Android/iOS)- Real-time market timing tools- Powerful chart analysis- Instant order execution- Cross-platform sync
Trading Platform

News

NewsPrimeXBT obtains FSCA License to operate in South Africa

A popular trading platform, PrimeXBT has recently received a license from the Financial Sector Conduct Authority (FSCA) to officially start trading in South Africa.

WikiFX
2024-11-20 20:09
PrimeXBT obtains FSCA License to operate in South Africa

ExposureWikiFX Reviews: PrimeXBT

In today’s article, WikiFX will explore PrimeXBT in depth, examining its features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service, to help you make an informed decision on whether or not to use this platform.

WikiFX
2023-04-07 17:09
WikiFX Reviews: PrimeXBT

NewsPrimeXBT Allows You to Leverage Trade Popular DeFi and Metaverse Tokens

These blockchain and cryptocurrency-based protocols allow much more futuristic or financial-focused technologies, such as lending and borrowing, as well as virtual reality worlds with digital real estate and individual token economies.

WikiFX
2022-07-01 13:32
PrimeXBT Allows You to Leverage Trade Popular DeFi and Metaverse Tokens

News1 Minute to Know PrimeXBT Before Trading

PrimeXBT is a cryptocurrency and forex broker providing leveraged trading to clients across the world. This review covers the services provided by PrimeXBT, including its trading platforms, crypto predictions, mobile app and supported countries. We will also detail the deposit and withdrawal options, promotional bonuses, fees and KYC verification systems.

WikiFX
2022-05-23 15:37
1 Minute to Know PrimeXBT Before Trading

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DouVanMinh
0-3months
chúng có sự khác biệt ở đây! - hợp đồng tương lai có TradingView - CFD có đòn bẩy cao hơn, nhưng chỉ dành cho forex. Tôi thích giao dịch hợp đồng tương lai ở đây, phí khi giao dịch khối lượng lớn rất thấp.
chúng có sự khác biệt ở đây! - hợp đồng tương lai có TradingView - CFD có đòn bẩy cao hơn, nhưng chỉ dành cho forex. Tôi thích giao dịch hợp đồng tương lai ở đây, phí khi giao dịch khối lượng lớn rất thấp.
Translate to English
2025-03-18 05:34
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DanhGiaBao
0-3months
Sàn giao dịch tốt nhưng người mới tham gia sẽ thấy hơi khó hiểu...
Sàn giao dịch tốt nhưng người mới tham gia sẽ thấy hơi khó hiểu...
Translate to English
2025-02-20 02:46
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