Prime XBT Fees and Spreads only charge two types of fees – the trade fee, charged for entering the position, and the overnight fee, which is for financing the position. Prime XBT trading fees are between 0.01–0.05%, which is low in comparison with other exchanges.
Prime XBT at a Glance
| 🔎 Broker's Name | PRIME XBT |
| 📍 Headquartered | St. Vincent & Grenadines |
| 📅 Year Founded | 2018 |
| ⚖️ Regulating Authorities | Not regulated |
| 🌐 Countries not accepted for trade | United States, Japan, Saint Vincent and the Grenadines, Canada, Algeria, Ecuador, Iran, Syria, Korea, Sudan, United States Outlying Islands, American Samoa, Russian Federation. |
| ☪️ Islamic Account (Swap Free) | No |
| 👍 Demo Account | No, but PrimeXBT Contests allows traders to compete using risk-free demo funds in weekly trading competitions. Because there is no risk, traders can practice for free and without the fear of loss. |
| 📊 Institutional Accounts | Yes |
| 📊 Managed Accounts | No |
| 📈 Maximum Leverage | 1:1000 |
| 💰 Minimum Deposit | No minimum deposit |
| 💳 Deposit Options | BTC, ETH, USDT, USDC, credit card & debit card |
| 💳 Withdrawal Options | BTC, ETH, USDT, USDC |
| 💻 Platform Types | Proprietary (Crypto Futures & CFDs on Traditional Assets) |
| 📱 OS Compatibility | Mac, Windows, Linux, Web, Mobile Android, iPhone, iPad. |
| 📈 Tradable Assets | Cryptocurrencies, S&P 500, Gold, EUR/USD and more than 30 other assets |
| 👨💼 Languages supported on Website | English, Chinese, German, French, Turkish, Vietnamese, Japan, Korean |
| 👥 Customer Support Languages | English, Chinese, German, French, Turkish, Vietnamese, Japan, Korean |
| 📆 Customer Service Hours | 24/7 |
| 👉 Open a account | 👉 Click Here |
Min Deposit
USD 1 / 0,0001 in BTC
Regulators
FCIS
Trading Platform
Proprietary Platform
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Prime XBT Fees and spreads – 9 key points quick overview:
Prime XBT at a Glance- Prime XBT Fees and spreads – 9 key points quick overview:
- Prime XBT Fees and Spreads
- Prime XBT Additional Trading Fees
- Prime XBT Broker Fees
- Prime XBT Customer Reviews
- Prime XBT Pros and Cons
- Conclusion
- Frequently Asked Questions
Below is an in-depth Fees and Spreads review regarding this regulated Forex Company, which will assist traders and allow traders to invest in their currency.
Prime XBT Fees and Spreads
Prime XBT only charges two types of fees – the trade fee, charged for entering the position, and the overnight fee, which is for financing the position.
PrimeXBT trading fees are between 0.01–0.05%, which is low in comparison with other exchanges. A trader can also earn the following discounts on 30 days’ rolling trading volume:
300–600 BTC: 25% discount
600 + BTC: 50% discount
The broker does not charge deposit fees or withdrawal fees, but a person is charged an arbitrary miner fee (according to industry standards) to finish a transaction when withdrawing funds.
PrimeXBT restricts the size of a position a trader can maintain with the broker and if such a limit is exceeded, the trader’s orders will not be executed. The limitation depends on factors such as volatility, instrument liquidity, and other market conditions.
Prime XBT Additional Trading Fees
When trading financial instruments such as forex, traders can expect overnight or swap fees to be applicable when positions are held for longer than one trading day.
Prime XBT does not provide an Islamic Account for Muslim traders who follow the Sharia Law and are prohibited from earning or paying interest where the holding of open positions is concerned.
The Prime XBT support team can be contacted to find out whether spread betting is allowed and what spread betting fees would apply.
Prime XBT Broker Fees
Traders need to verify what additional charges may be waived by their financial institution. In addition, should traders transfer fees in a currency that is different from their account base currency they may be subjected to currency conversion fees.
No withdrawal fees are charged.
Prime XBT Customer Reviews
Awesome didn’t believe it until I was able…
Awesome didn’t believe it until I was able to withdraw… Guys there are the best
Before
Before, I didn’t trade Forex. I just heard about it, and my friends often discussed the stock market, the rise of bitcoin, etc. It seemed to me something cool and exciting.
I always use my principle that good cooperation cannot be built without trust. And it doesn’t matter if you are working with a person or a company. The most important thing is trust for primeXBT.
Prime XBT Pros and Cons
| ✔️ Pros | ❌ Cons |
| The fee structure is simple and clear | Limited deposit and withdrawal methods |
| A minimum deposit of 0.001 BTC is needed to start trading | No automated trading is possible |
| Only two types of fees are charged. | Not licensed or regulated |
Conclusion
Overall, PrimeXBT only charges two types of fees – the trade fee, charged for entering the position, and the overnight fee, which is for financing the position. PrimeXBT trading fees are between 0.01–0.05%, which is low in comparison with other exchanges.
You might also like: PrimeXBT Review
You might also like: PrimeXBT Account Types Overview
You might also like: PrimeXBT Demo Account
You might also like: PrimeXBT Minimum Deposit
You might also like: PrimeXBT Sign-up Bonus
Frequently Asked Questions
Does spread betting cost apply to Prime XBT?
PrimeXBT support team can be contacted to find out whether spread betting is allowed and what spread betting fees would apply
What type of spreads applies to Prime XBT?
PrimeXBT has a transparent fee structure, only charging for each trade and holding a position open overnight
What spreads can I expect with PrimeXBT?
PrimeXBT has a transparent fee structure, only charging for each trade and holding a position open overnight.
What is the cost of trading with Prime XBT?
PrimeXBT deposit amount required in order to open a broker account is $65 / R1 112,72.
Does Prime XBT charge any inactive fees?
PrimeXBT doesn’t charge any account fees, while deposits and withdrawals are also free of charge. PrimeXBT does not document an inactivity fee.
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