PrimeXBT Broker Review
https://primexbt.com/
PrimeXBT is a cryptocurrency-focused trading platform founded in 2018 and headquartered in Seychelles. Its regulatory status in 2025 is somewhat complex:
PrimeXBT operates multiple licensed entities across different regions, including:
Financial Services Authority (FSA) in Seychelles with License No. SD162
Financial Sector Conduct Authority (FSCA) in South Africa with License No. 45697, including a license for offering crypto services
Financial Commission of Lithuania (FCIS) with Registration No. 306038128
Banco Central de Reserva (BCR) in Peru with Registration No. 66d10393e8a00a3181b8e457
Financial Services Commission (FSC) in Mauritius with License No. GB24203383
PrimeXBT is not regulated by major tier-1 authorities such as the UK’s FCA or the US CFTC, but its multi-jurisdictional licenses provide a baseline of regulatory compliance.
It implements key regulatory standards such as segregated client funds, cold storage for crypto assets, routine compliance audits, and offers a client compensation scheme up to $20,000.
The platform specializes in crypto futures and leveraged asset trading, with leverage up to 1:1000, and offers proprietary mobile app, web trader, and MT5 integration.
Transparency about ownership and management is limited, but regulatory licenses and regular audits contribute to its overall safety profile.
PrimeXBT continues to expand its regulatory footprint, particularly emphasizing crypto asset regulation in South Africa.
Summary:
Multi-licensed broker regulated in Seychelles, South Africa (FSCA), Lithuania (FCIS), and Mauritius (FSC)
Not tier-1 regulated by FCA or CFTC, so some regulatory gaps remain
Strong regulatory compliance with fund segregation, cold wallets, and compensation schemes
Leading platform for crypto futures with high leverage and various trading tools
Suitable for traders comfortable with slightly lower-tier regulatory jurisdictions but seeking crypto-focused trading
Overall, PrimeXBT offers a secure and regulated crypto trading experience within its licensed jurisdictions but lacks oversight from the most stringent global regulators. Traders should weigh these factors when considering it as a trading platform
PrimeXBT is a cryptocurrency-focused trading platform founded in 2018 and headquartered in Seychelles. Its regulatory status in 2025 is somewhat complex:
PrimeXBT operates multiple licensed entities across different regions, including:
Financial Services Authority (FSA) in Seychelles with License No. SD162
Financial Sector Conduct Authority (FSCA) in South Africa with License No. 45697, including a license for offering crypto services
Financial Commission of Lithuania (FCIS) with Registration No. 306038128
Banco Central de Reserva (BCR) in Peru with Registration No. 66d10393e8a00a3181b8e457
Financial Services Commission (FSC) in Mauritius with License No. GB24203383
PrimeXBT is not regulated by major tier-1 authorities such as the UK’s FCA or the US CFTC, but its multi-jurisdictional licenses provide a baseline of regulatory compliance.
It implements key regulatory standards such as segregated client funds, cold storage for crypto assets, routine compliance audits, and offers a client compensation scheme up to $20,000.
The platform specializes in crypto futures and leveraged asset trading, with leverage up to 1:1000, and offers proprietary mobile app, web trader, and MT5 integration.
Transparency about ownership and management is limited, but regulatory licenses and regular audits contribute to its overall safety profile.
PrimeXBT continues to expand its regulatory footprint, particularly emphasizing crypto asset regulation in South Africa.
Summary:
Multi-licensed broker regulated in Seychelles, South Africa (FSCA), Lithuania (FCIS), and Mauritius (FSC)
Not tier-1 regulated by FCA or CFTC, so some regulatory gaps remain
Strong regulatory compliance with fund segregation, cold wallets, and compensation schemes
Leading platform for crypto futures with high leverage and various trading tools
Suitable for traders comfortable with slightly lower-tier regulatory jurisdictions but seeking crypto-focused trading
Overall, PrimeXBT offers a secure and regulated crypto trading experience within its licensed jurisdictions but lacks oversight from the most stringent global regulators. Traders should weigh these factors when considering it as a trading platform
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