Brokers  /  PRIMEXBT

PRIMEXBT

Moderate risk
🇿🇦 South Africa · 5-10 years · since 2019-05-14 · PrimeXBT (PTY) LTD
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37
Moderate risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • 7 user exposure/complaint reports filed
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing3835%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints9612%
Offshore registration458%
Transparency (site/info/social)2510%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal namePrimeXBT (PTY) LTD
Headquarters🇿🇦 South Africa
Founded2019-05-14
Years operating5-10 years
Employees0
Official websiteprimexbt.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods71 · Neteller, Skrill, BTC
Withdrawal methods68 · Skrill, Neteller, BTC
InstrumentsForexCryptoCommoditiesIndicesShares
Registered address
180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
FSCADerivatives Trading License (EP)45697South AfricaRegulated

Account types · 4

AccountMax leverageMin. depositMin. spreadCommissionEA
PXTrader 2.0Forex 1:1000 Crypto 1:500 Commodity 1:1000 Index 1:200 Shares 1:20--from 0.2No Fees
MT5 ZeroStopForex 1:1000 Crypto 1:500 Commodity 1:1000 Index 1:200 Shares 1:20--from 0.2No Fees
MT5 StandardForex 1:1000 Crypto 1:500 Commodity 1:1000 Index 1:200 Shares 1:20--from 0.2No Fees
MT5 ProForex 1:2000 Commodity 1:1000 Crypto 1:500 Index 1:200--from 0.1No Fees

Review analysis AI

Across 23 recent Trustpilot reviews, 13% are 1–2 star. The single most common complaint is being unable to withdraw funds (2 reports) — the classic warning sign in forex. We also found 1 clone site(s) impersonating this brand — a frequent vehicle for scams.

0
Period:
What users complain about
What users praise
Where reviewers are from
Thailand7
Singapore5
Malaysia4
India2
Libya1
Indonesia1

Real user reviews

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About PRIMEXBT

PRIMEXBT is a forex and CFD broker based in South Africa, with records dating to 2019-05-14. It reports oversight from FSCA.

FXCanary’s verdict is “Guarded.” There are enough red flags that we’d urge caution before depositing.

Finally, beware of impersonation: we tracked 1 clone website(s) copying PRIMEXBT. Always reach the broker through its verified official domain, never via links in ads or messages.

Overview compiled by FXCanary from regulatory records and public data. full PRIMEXBT review