CFDs are leveraged. Most retail traders lose money, and you can lose more than you deposit.
Is it safe?

Is PrimeXBT safe and legit?

Short answer, from public records

PrimeXBT states licences from FSCA and CNAD El Salvador. We haven't matched any on a register yet. We found no regulator warning naming the firm itself.

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PrimeXBT reviewLicences, costs, platforms and accounts

Licences

Full broker page
  • Stated by brokerFSCA 45697
  • Stated by brokerCNAD El Salvador PSAD-0045PrimeXBT Trading Services, S.A. de C.V. (digital assets)

Regulator warnings

All warnings

None naming the firm itself.

0 look-alike site warnings (these copy the name; they are not PrimeXBT)

Real site: https://primexbt.com/

Trustpilot

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Scam red flags to check yourself

  • Someone contacts you first (WhatsApp, Telegram, Instagram, dating apps) and offers to trade for you.
  • Guaranteed or fixed returns, or “no-loss” accounts.
  • A web address that is close to, but not exactly, the broker's real site.
  • Pressure to deposit more before you can withdraw, or “tax/fees” to release your money.
  • The licence number on the site doesn't match the regulator's register, or the company name differs.

See Spotting scams in the Academy, or report a scam.

Questions

Is PrimeXBT safe?

PrimeXBT states licences from FSCA and CNAD El Salvador. We haven't matched any on a register yet. We found no regulator warning naming the firm itself. We don't say whether a broker is safe for you. Check the licence number on the regulator's register before you deposit.

Is PrimeXBT regulated?

PrimeXBT states licences from FSCA, CNAD El Salvador. Which entity you sign up with depends on your country, and protections differ by regulator.

Are there fake PrimeXBT websites?

We found no regulator warnings about look-alike sites for PrimeXBT. Still type the address yourself: https://primexbt.com/

Which PrimeXBT company holds the CNAD El Salvador licence (El Salvador)?

PrimeXBT Trading Services, S.A. de C.V. (digital assets), licence number PSAD-0045. This is what the broker or a source states; we haven't matched it on the register. Check it yourself on the register: https://cnad.gob.sv/

Facts from public sources, not advice. Info may be out of date or wrong. Always check with the regulator before you trade.