5 Reasons Why PrimeXBT is the Best Broker for South African Traders

They don’t enable management of your account if you are too busy to deal with that. However, if you’re in the US or Canada it’s not good news. Com attracts a global audience, with significant traffic from India, the US, Germany, the UK, and Australia, showcasing its strong appeal in diverse markets and a blend of desktop and mobile users. For more information, please read our complete Global Disclaimer. 99% fee, not PrimeXBT. Some traders will adjust the trade along the way, thereby ending up with a different target than when they started the position. PrimeXBT provides 24/7 customer support via live chat and email. Additionally, withdrawals to a bank card come with a hefty 5% fee. Content is not intended for US, EU, UK, NZ, ISR, TR or ID residents. It is possible to trade crypto during the day and night. Below is an example of how leverage will work on the PrimeXBT platform. PrimeXBT, a leading trading platform, offers high leverage options, enabling traders to maximize their potential returns. Vincent and the Grenadines. 01% for indices and commodities, 0. Investment Bud is just one of many examples users have been reporting in recent days and is among one of the most intricate schemes yet. Learn more about Baksta’s Legal Terms. This section will guide you through the initial steps to get you started on PrimeXBT, a leader in the world of margin trading. Taken in fast, with polite stuff so dependable. I tested both versions and found that they offered a smooth trading experience without any significant compromises. Beyond that, the $100 you invested at $1,670. This helps ensure that there is no single point of failure and less risk in the event of a single employee being compromised. After testing PrimeXBT, it’s clear that this platform is designed more for seasoned traders than beginners. I also like that they have 24/7 Customer Support and their chat agents are very knowledgeable and very friendly. These include fan lines, Fibonacci, retracements, and other trend lines. It takes just a few minutes to get started.

What markets can I trade?

These services are governed by the legal terms and conditions of PXBT. A company incorporated in St. Unrecognized or Partially Recognized Jurisdictions: Crimea, Donetsk People’s Republic, Gaza Strip, Zaporizhzhia and Kherson, Luhansk People’s Republic. In total, the platform offers 100+ trading pairs in various segments. The platform provides CFDs for forex, indices, commodities, and cryptocurrencies, but this review focuses on Crypto Futures. That would just be a simple retesting of the previous highs. Portfolio Clarity: PrimeXBT’s portfolio overview screen shows your total account balance www.primexbt.com and individual balances across trading, copy trading, and wallet accounts. Digital Coin Price’s Ethereum forecast says it can reach a high of $2671.

FAQs About Primexbt Coupons

PrimeXBT’s trading fees for crypto futures are among the lowest in the industry, following a Maker Taker Model. The bulk of its instruments offering is comprised of highly volatile assets such as cryptocurrencies, which are primarily used for short term price speculation. Understanding the processing time for deposits on PrimeXBT is essential for effective fund management. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. This fee is for borrowing funds to ensure fair pricing in the market and to align the value of the futures with the price of the underlying asset. Information regarding past performance is not a reliable indicator of future performance. It provides 31 Crypto Futures trading pairs and 37 CFDs, focusing on large cap cryptocurrencies like BTC and ETH. No harm can come of Cryptocurrency trading, only capital loss which can be mitigated through risk management. PrimeXBT’s platform accommodates spot trading, pending orders, and one click trading. I found PrimeXBT to be a great fit for experienced derivatives traders, offering advanced trading tools and high leverage options. Wishing you continued success in your trading journey. Easily buy Crypto with Visa or Mastercard. It’s great to know that our support team has been able to assist you effectively, even in complicated situations. For detailed tutorials see. Returns may be subject to tax. Stay tuned to our news and announcements. Here’s what you need to know. Enjoy huge savings with today’s 26 active PrimeXBT coupons and promo codes. The Cash Telex gold coin represents 1 gram of gold that is securely bolded. He earned a Bachelor’s degree in Economics and International Relations. The PrimeXBT app on Android supports all major trading functionalities, including the ability to trade cryptocurrencies, forex, commodities, and indices. PrimeXBT, unlike many other brokers, doesn’t require users to divulge confidential data that allows identifying the client’s identity. The biggest strength for PrimeXBT is that it offers multiple different asset classes for traders with deep liquidity and a high performance trading/matching engine for a flawless trading experience. To claim PrimeXBT bonuses, register an account, make a deposit, activate available bonuses on your account dashboard, and meet any specific requirements associated with the bonus. Otherwise, if you would have to take delivery of €100,000 to speculate. Through a variety of channels, the customer support is accessible twenty four hours a day, seven days a week. This trading instrument has become very popular and similar products are now offered on many of the major exchanges. The PrimeXBT affiliate program offers single tier commissions, which means the affiliates earn commissions only on sales they generate. Choosing the best crypto exchange to buy and trade crypto can feel overwhelming, but it doesn’t have to be.

Create an account with PrimeXBT

Here is a look at the margin requirements for some of the 51 forex pairs available. Copyright © 2025 EA Trading Academy. PrimeXBT has most of the standard order types as well as some protection orders. For me all the pros outweigh all the disadvantages by a mile. In PrimeXBT, you can choose a trader and subscribe to his trades to earn without effort, or you can open your own trades for copying and thus also receive additional profit. While this can amplify your gains, it will do the same for losses. When I deposit I get a 20% bonus. The IRS may still be able to track crypto even if you’re using a no KYC exchange. This necessitates effective risk management, especially for inexperienced traders, emphasizing the need for caution and responsibility when dealing with crypto futures. These services are governed by the legal terms and conditions of PXBT. Past performance is not a reliable indicator of future results. Users can access the most popular DeFI applications from within the PrimeXBT dashboard to stake idle digital assets and earn a variable interest rate paid out in daily crypto rewards. For a more detailed introduction to the platform, please read our Platform Overview. These include all of the momentum indicators as well as relative strength and volume based studies.

PrimeXBT vs Bybit: Security

BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. 50 and waits to see if the market drops to that level. This section will explore various risk management techniques that investors can employ to mitigate potential losses and manage their risk exposure. I tested both versions and found that they offered a smooth trading experience without any significant compromises. The platform is renowned for its user friendly interface, which simplifies the trading process. Providing clear, responsive, and reliable assistance is what we strive for. You should consider whether you understand how leveraged products work and whether you can afford to take the inherently high risk of losing your money. Using PrimeXBT can be done by going to primexbt. In my experience, PrimeXBT’s desktop platform delivered a smooth and reliable trading experience. PrimeXBT Bonus 200 is a special bonus on the PrimeXBT platform, offering traders an additional $200 on their trading account after making a specific deposit. After testing PrimeXBT, it’s clear that this platform is designed more for seasoned traders than beginners. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. It is an exciting time in the Cryptocurrency industry. To trade with margin, users must fund their trading account after making a deposit to begin trading. Users can also customize the indicators in terms of the time frame and other important inputs. Restricted JurisdictionsPrimeXBT does not accept clients from the following restricted jurisdictions: The United States of America, Japan, Canada, Cuba, Israel, Iran, New Zealand, Syria, North Korea, Sudan, United States of Minor Outlying Islands, America Samoa, Russian Federation, Myanmar, Saint Lucia, Puerto Rico, Guam, U. Actual Crypto Currency Services are provided by Baksta UAB Baksta, a company incorporated in Lithuania with Registration No. But here, it’s applied to finances. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. Throughout my testing, the app performed smoothly without any bugs or glitches. Margin trading can increase the size of your positions beyond the actual funds available in your account, but it can also increase your market exposure. For USDT, USDC and COV the withdrawal fees vary depending on the network used.

Futures Trading Fees

They can provide additional guidance and help resolve any payment related problems. Diversification protects you from Crypto specific volatility. PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Reg. SD162, having its registered office address at IMAD Complex, Office 3, Ile Du Port, Seychelles. The main of the era was the 显示详情 ability to buy and sell ADA and saw the delivery of the Daedalus wallet, the official IOHK wallet. Dear HapiThank you for sharing your feedback. PrimeXBT offers its traders 3 different types of orders for entering and exiting trades. During my testing, PrimeXBT performed well, executing trades instantly without any discrepancies in conditional order execution. When I deposit I get a 20% bonus. PrimeXBT offers specialized copy trading accounts where strategy followers and providers can connect and interact. For the conditonal order type, you can easily place your take profit and stop loss orders. You can learn more about what makes Bybit popular for copy trading in our Bybit Copy Trading Review. Much of the content focuses on topics like “Which is a better investment: Bitcoin or Gold. Bybit has seriously ramped up its security framework in recent months, leading to independent security firm Certified listing them as a top ten most secure exchange, giving them a Triple A security rating. And yes, sometimes you need both a hammer and a measuring tape. The order form also displays recent trades and order book data. Account verification is completed upon Depositing Cash. After successfully connecting your account to the Telegram Bot, reaching out to our support team is straightforward. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions. As 2023 comes to a close, with never ending uncertainty in Cryptocurrency markets, users and analysts continue looking into Dogecoin historical data, to determine possible factors that may be affecting its price in 2023. Decentralized oracle network. In October 2021, SHIB hit its maximum price level of $0. There are multiple benefits for users who want to take advantage of copy trading such as. PrimeXBT is a perfect match for leverage and derivative traders due to its advanced trading platform and high leverage options.

Competition

Com website is for informational purposes only and does not constitute any motive or suggestion to visitors to invest money. Restricted JurisdictionsPrimeXBT does not accept clients from the following restricted jurisdictions: The United States of America, Japan, Canada, Cuba, Israel, Iran, New Zealand, Syria, North Korea, Sudan, United States of Minor Outlying Islands, America Samoa, Russian Federation, Myanmar, Saint Lucia, Puerto Rico, Guam, U. Since its launch in 2017, KuCoin has evolved into a promising cryptocurrency exchange, servicing a vast user base of 30 million individuals spanning more than 200 countries. PrimeXBT is a cryptocurrency trading platform that allows individuals to trade various digital assets. Additionally, be wary of emails or messages asking for private keys or login credentials. They’re quick to reply and actually know their stuff. No pumping this includes links to PnD pump and dump groups, encouraging users to join a PnD group or instructions to join one. In addition, with only seven trading pairs, PrimeXBT’s asset selection is limited compared to some alternatives in the market. Entering a long position with leverage essentially means a trader anticipates a Cryptocurrency’s price to increase. Another advantage of leveraged trading, in general, is that it allows traders to short an asset. Titles should accurately represent the content being linked to and not be in all caps. The platform that aligns best with your financial personality will ultimately be your fee tastic champion. 2024 00343, having its registered office address at PKF Corporate Services Ltd. The most basic forms of technical analysis will try to determine support and resistance, or where markets attract buyers and sellers. Holds a Bitcoin Services Provider BSP license issued by the Banco Central de Reserva BCR of El Salvador, with registration number 66d10393e8a00a3181b8e457. However, there are serious risks associated with hot wallets as they are vulnerable to hacker attacks. So a 100x leverage means that if you have 1 BTC, you can trade up to 100 BTC. If you have specific tools or features in mind, please let us know at. This cryptocurrency emerged due to dissatisfaction with Bitcoin’s direction, as it had strayed from Satoshi Nakamoto’s vision of a digital cash system. Considering the most recent regulatory developments, we have decided to make a clear statement regarding how we approach marketing and promoting our services.

Risk warning

Vincent and The GrenadinesCompany Jurisdiction / Registration: SeychellesCEO / Owners: Unknown. Up to 100x in all cryptocurrency pairs. The largest pros all involve the speed and flexibility these assets provide, allowing users to store them and send themselves, all without the need for a third party. If you are looking for the most user friendly platforms that are incredibly beginner friendly, I would recommend taking a gander at our Kraken and Swissborg reviews. Similar to Bitcoin, Litecoin is a digital currency that is expected to experience significant growth in the long term. Altcoins are all the other cryptocurrencies in the market apart from Bitcoin. At PrimeXBT, we’re committed to providing a platform that supports your trading efforts and helps you achieve your financial goals. That is not entirely true. Learn more about Fairdesk. In summary, our findings indicate that PrimeXBT can be regarded as having a low to moderate level of trust and stability due to these drawbacks. One important feature is Leaderboard Challenges, which allow traders to compete for top ranks and major awards. However, the vote was slightly more dovish than. Thank you for trading with PrimeXBT. Date of experience: August 4, 2024. The spread is essentially the fee you pay for trading an asset. PrimeXBT offers competitive trading fees, charging a low 0. In recent years, numerous new crypto margin trading platforms have been established. These can be accessed from inside your account by clicking on the “Tutorials” section in the top right of your account. This website is owned by PrimeXBT PTY LTD. All logins to your account are reflected in your Settings menu, under Last logins. By employing these risk management strategies, you can approach Bitcoin options or any leveraged trades or Futures contract with a more informed and cautious perspective. 62% drop in the combined market cap. This website is owned by PrimeXBT PTY LTD. To get started with mirror trading in forex, you need to open an account with a broker that provides a mirror trading service. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses.

What is Forex CFD trading?

In forex trading, pip values vary depending on the currency pair and the size of the trade. Oil trading is one of the most popular ways to play the global economy, as the oil market is considered. Returns or profits may be subject to capital gains tax. The PrimeXBT app brings the power of trading to your fingertips, ensuring you never miss an opportunity in the dynamic world of finance. This manual verification process, combined with multi signature access Multisig, ensures that fund transfers require the coordinated efforts of multiple employees, reducing the risk of unauthorized access. Direct Crypto Deposits. Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors. Are you an Apple user. And in case of a strong price movement, the size of the fee will be almost imperceptible in relation to the potential profit from the trade. This website is owned by PrimeXBT PTY LTD. This information is general in nature and is for educational purposes only. We’ve also highlighted the importance of developing a well defined trading plan that incorporates risk management strategies. Supported CFD Indices include the ASX 200, DJIA, Euro Stoxx 50, CAC 40, DAX, FTSE 100, Hang Seng Index, IBEX 35, Nikkei 225, Nasdaq, and the SandP 500. 1st Floor, Meridian Place, Choc Estate, Castries, Saint Lucia. Therefore, we’ve decided not to include our usual rankings for PrimeXBT in this review. I initiated a fiat withdrawal to my Volet account, which took almost 18 hours to process. Fiat Withdrawals are not available directly. PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Registration No. Multiple factors could come into play for Ethereum over the next year. It has materials about what Bitcoin is, how to use algorithmic trading, how to read a Japanese candlestick chart and much more. Our clients love how fast and simple our sign up is.

About

Users can open accounts, deposit crypto, and start trading with just an email address. PrimeXBT Trading Services, S. 01 for crypto futures props for keeping them at such low rates, and not only for crypto, spreads for fx majors are good also. We apologize for any inconvenience this may cause and encourage you to explore other available withdrawal methods. PrimeXBT supports two factor authentication 2FA through Google Authenticator, ensuring an additional layer of security. The content on this website is not intended as investment advice or recommendation or an invitation to participate in any investment activity. All the content on BitDegree. With KYC verification you will have unlimited withdrawal limit + you will be able to withdraw funds via bank cards / Perfect Money / Volet + you will have unlimited limit on deposit in fiat currencies. Therefore, direct cash or fiat currency deposits are generally not supported. In order to access Crypto Currency Services, you need to open an account with Baksta through the trading platform and accept Baksta’s Client Agreement. 2 months ago 102 views. Receive 60% to 75% of the profits on each trade. Making a Deposit with Perfect Money. OKX stands out as a top alternative to PrimeXBT, offering a broader range of crypto products and services, plus monthly Proof of Reserve releases for enhanced transparency. If you do not understand the risks involved, or if you have any questions regarding the PrimeXBT products, you should seek independent financial and/or legal advice if necessary. PrimeXBT offers 12a variety of promo codes that provide users with numerous benefits to enhance their trading experience. Technical analysis is a methodology utilized to make sense of an asset’s anticipated long term value and growth prospects by examining chart patterns, trend lines, and other signals instead of statistics and data. Automated trading is not permitted on PrimeXBT’s trading platform.

Av Santa Isabel 0301 C Providencia

The PrimeXBT team is committed to 24/7 customer service. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics. Our website uses cookies. Each instrument trades differently, and if a trader is experienced with Bitcoin trading, why not leverage the experience from someone who is an experienced forex trader. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. With smart contracts, it is impossible to have any third parties perform trustworthy transactions. Unlike futures contracts, for example, CFDs offer much higher leverage and lower trading costs, which benefits the trader. This surge reflects how quickly market sentiment can change in response to central bank actions. With a user friendly interface and powerful features like biometric authentication, managing your trades is as easy as using your favorite social media app. PrimeXBT is often praised for its low fees with spreads as low as 0% and trading commissions as low as 0. PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Registration No. It’s a technique used to analyze data points by creating a series of averages of different subsets of the full data set. Our clients love how fast and simple our sign up is. The app’s robust trading features allow executing complex strategies like building long/short portfolios across diverse asset classes, to properly diversify and reduce risk. Founded in 2018, PrimeXBT has quickly become one of the most popular cryptocurrency derivatives exchanges. PrimeXBT Trading Services Ltd, is a company incorporated and existing under the laws of Saint Lucia, with Registration No. The adage “Not putting all your eggs in one basket” is great advice and can potentially increase your profitability. While it offers two factor authentication 2FA to enhance account security, several factors raise concerns about the platform’s safety and reliability.

Equal

Will the addition of Crypto futures, traders can also use their price prediction to make trades before the market even moves. As an active trader, I appreciated the inclusion of advanced technical indicators and the availability of high leverage. The most straightforward mistake is not being aware of the type of margin trading you are using. If you trade a great deal of volume on an exchange, then these fees add up on a cumulative basis. It’s important to note that withdrawal times can vary depending on network conditions and the specific cryptocurrency being withdrawn. Depending on your jurisdiction, some products or services might not be available. Gain trust and grow your business with customer reviews. We added new features, reached new audiences, and added more tools and abilities to our powerful trading platform.

Finport

Do not incite or encourage illegal activities such as promoting leaks, buying/selling drugs, tax evasion, gambling, pyramid schemes. Embark on a collaborative trading journey with PrimeXBT copy trading feature. For me, I would not deposit much money or any with an unregulated or unlicensed exchange. PrimeXBT’s trading contests add a fun and competitive edge to trading. There are also overnight fees and the following withdrawal fees. Keep up the great job guys, you are revolutionizing trading with this low tradign costs . Returns may be subject to tax. Bitcoin is hovering around 96. By subscribing, you agree to our Terms of Use and Privacy Policy.