✔️ Information reviewed and updated in December 2023 by Pedro Martínez González
In this section we will tell you why You should NOT invest in PrimeXBT. We analyze the website, we observe every detail and we examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation…
A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about PrimeXBT and we will tell you why we reached such a conclusion:
|🏠 Company||PrimeXBT Trading Services LLC|
|📈 Leading||own platform|
|📌 Address||Saint Vincent and the Grenadines – Seychelles|
⚠️ PrimeXBT is owned by PrimeXBT Trading Services LLC, the company is located in Saint Vincent and the Grenadines and Seychelles, potentially dangerous tax havens for their clients due to their lack of regulation and lack of seriousness. Clients are unprotected. ⚠️
Now we will analyze the types of accounts that PrimeXBT offers, in this case, we observe that it offers 4 different types of accounts:
|Account type||Minimum initial deposit|
Information on the web
PrimeXBT provides a basic explanation about the financial products it offers, market news and analysis, economic calendar, asset calculator, personal experiences, really not much more than this.
List of phone numbers
At the moment we have not found phone numbers.
🚫 PrimeXBT Final Valuation 🚫
Finally, and in a few words, our recommendation is: DO NOT INVEST WITH PrimeXBT.
As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.
In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!
Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.
Video review of PrimeXBT
News about PrimeXBT:
|Date||Update – news|
|-||No news at the moment|
What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with .
At the end of the review you will find customer comments.
How to Claim Money Scammed by PrimeXBT
If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.
How to Report PrimeXBT
If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.
How can I report PrimeXBT?
This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.
Is PrimeXBT a scam – is it a scam?
Yes. We believe that PrimeXBT is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.
Is PrimeXBT trustworthy?
No. PrimeXBT is not trustworthy, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.
How to recover money from PrimeXBT?
If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.
Are there (recommended) alternatives to PrimeXBT?
Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.