PrimeXBT Questions & Answers

For crypto it is amazing, there is pretty much zero spread and they take a small trading fee of 0.05% (so a 20'th of a percent). Even with the smallest, tightest trades, you cant notice it exists. Definitely cheaper than trading on a chain, with gas fees on UNI not to mention regular fees. Here you can even buy crypto straight through them, so dont need to transfer in and transfer out. 1 platform = 3 gas fees avoided. If they even had 0.1% fees, its still way smaller than even 1 crypto transfer. So yeah, its hella worth. However, I see most PrimeXBT reviews here mentioning forex, and im not as well-versed in that, and dont trade it here, but the spread there seems to be higher, its not in hundredth of a percentages anymore. Im looking at most pairs right now in their platform and seeing it fluctuate at around 5-7 pips on most pairs. Some of these pairs, like USDCHF, seem to be 2-3 pips, some others higher. So pretty much the same conditions as any top broker.

Hm...you made me think...As I know only some regions of the world have their special regulatory requirements, if not mistaken they are: USA, Europe, UK, Japan, Australia...I heard that South Africa and UAE have their own regulatios too, not sure. Now as for PrimeXBT, I know they are well-regulated, but details I dont know, I also read somewhere that from some countries it is impossible to access their services. I think you better contact official representative of the firm.

Well, i dont understand what you mean by every crypto? If youre referrring to every single cryptocurrency that has ever been made and can be traded, of course you cannot do that anywhere in the world. But if youre asking if you can use leverage on every crypto there is on the platform of primexbt, yes, you can do that. And they have a pretty wide selection of cryptos too, so youre covered