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This Video Overview Includes:
📢 Trading products
📢 Account types
📢 Trading platforms
📢Opening an account
📢 Educational resources
📢 And more...
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0:47 Trading products
1:14 Account types
1:36 Trading platforms
2:55 Opening an account
3:46 Educational resources
Read our Video Script:
PRIMEXBT was founded in 2018 under the name PRIMEXBT Trading Services in the Seychelles. In 2019 the broker opened offices in St. Vincent and the Grenadines and moved its infrastructure and headquarters to Switzerland.
PrimeXBT specializes in services and trading through Forex, commodities, stocks and cryptocurrencies and offers a maximum leverage ratio of 1:1000.
The broker does not hold a license with a reputable regulator.
Customer reviews are mostly positive though.
PRIMEXBT offers no demo account and only one live bitcoin based trading account that provides all its services. It only differs according to deposit size and trading volume. The minimum deposit required to open an account is 0.001 BTC.
The forex trading platform provided by PRIMEXBT to its clients is in essence the software to carry out their trades. Some brokers provide only one, others quite a few platforms.
A multi-asset trading platform is one that allows clients to trade forex as well as other asset classes. The decision about which platform to choose will usually depend on what a client would like to trade.
PRIMEXBT provides its own personalized, browser-based trading platform that requires no download or installation as well as a Turbo Platform.
The proprietary platform is equipped with more than 50 technical indicators and a full suite of charting and analysis tools.
For New traders to PRIMEXBT, the Turbo platform is the most user friendly and comes with trading histories and a social trading section where you can compete with other investors. The proprietary platform has better functionality for traders of skilled levels although you cannot trade as much assets.
PRIMEXBT also has mobile apps supported on both iOS and Android devices and with the same functionality as the desktop version.
To open a Forex trading account with PRIMEXBT for the first time, you will be required to go through a basic “know your customer” process, firstly on their homepage, click on open a free account, this will then redirect you to a page where you will be required to register an account, simply register your email address and password which will allow PRIMEXBT to ascertain that your submitted details and ensure the safety of your funds and account details. PrimeXTB does not require your personal information to open an account. forex trading account with PRIMEXBT for the first time, you will be required to go through a basic “know your customer” process, firstly on their homepage, click on open a free account, this will then redirect you to a page where you will be required to register an account, simply register your email address and password which will allow PRIMEXBT to ascertain that your submitted details and ensure the safety of your funds and account details. PrimeXTB does not require your personal information to open an account.
Before starting to trade, potential clients of PRIMEXBT should avail themselves of all possible information and trading skills needed to be successful in the world of forex and commodity trading.
PRIMEXBT offers a platform guide in the “Information” section of its account which includes information on how to bid, trade futures products, place orders, stop-losses and protection orders, account funding, and safety measures.
They also offer well-presented video tutorials that can be accessed from inside the account. PRIMEXBT runs a blog where you can find additional information on how to trade futures products, trading disciplines and more.
PRIMEXBT offers a fair option for trading leveraged cryptocurrency instruments. Very high leverage levels allow users to expand their returns on borrowed money but could be very risky too.
Traders need to decide for themselves whether they are comfortable using a brand-new service such as this broker.
Learn more about forex - https://forexsuggest.com/
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