Are you interested in opening an account with PrimeXBT but want clarification about the PrimeXBT minimum deposit requirement? Learn how to deposit with PrimeXBT, discover the pros and cons of the PrimeXBT minimum deposit, and receive an overview of the broker’s payment processors and accepted deposit currencies. Before funding an account, read my comprehensive review of PrimeXBT deposits below.

The PrimeXBT Minimum Deposit Overview

The PrimeXBT account types are identical for all traders and consist of a live account and the PrimeXBT demo account.

Here is the PrimeXBT minimum deposit requirement:

  • PrimeXBT Standard - $1 (USDT) / 0.0001 BTC
MinimumDeposit
PrimeXBT
Axi
InstaForex
Tickmill
Admirals
Commission-Free
$1 /0.0001 BTC
$0
$1
$100
$100
Commission-Based
NotApplicable
$0
$1
$100
$100

The Pros & Cons of the PrimeXBT Minimum Deposit

Before depositing, traders should consider the pros and cons of the PrimeXBT minimum deposit. I also recommend considering the PrimeXBT withdrawal methods and associated fees to select the most cost-effective method.

The Pros of the PrimeXBT Minimum Deposits

  • Segregation of client deposits
  • User-friendly process
  • Instant-to-near-instant deposit times

The Cons of the PrimeXBT Minimum Deposits

  • Lack of deposit transparency on the website

How to Make a Deposit

Traders should consider depositing sufficient funds, as effective trading requires capital, and should create a deposit plan to grow their portfolios over time.

Here is how to deposit with PrimeXBT:

  • Log into your PrimeXBT trading platform
  • Click “Deposit”
  • Click “Deposit Money”
  • Choose your deposit currency (USD is the default selection)
  • Select your PrimeXBT account type or PrimeXBT Wallet
  • Select your country and choose your desired payment processor
  • Enter your deposit amount
  • Confirm the transaction and follow the on-screen instructions

PrimeXBT Deposit Fees and Deposit Methods

My PrimeXBT broker review found that there are no PrimeXBT fees for internal deposits. However, third-party payment processor fees and potential currency conversion fees may apply.

PrimeXBT deposit methods, internal processing times, and known transaction limitations:

Deposit Method
Processing Time
Deposit Currencies
Minimum Single Deposit
Maximum Single Deposit
WithdrawalOption
Bank wires
Up to three days
Bank fiat currencies
$1
Unlimited
Yes
Credit/debit cards
Instant
Bank fiat currencies
$1
Unlimited
Yes
Cryptocurrencies
Instant
BTC, USDT
1USDT / 0.0001 BTC
Unlimited
Yes
Binance Pay
Instant
BTC, USDT
1USDT / 0.0001 BTC
Unlimited
Yes
Volet
Instant
BTC, USDT
1USDT / 0.0001 BTC
Unlimited
Yes
Zengo
Instant
BTC, USDT
1USDT / 0.0001 BTC
Unlimited
Yes
Neteller
Instant
USD
$1
Unlimited
Yes
Other e-Wallets
Instant
USD
$1
Unlimited
Yes
Localized payment processors
Instant
USD
$1
Unlimited
Yes

Noteworthy:

  • The PrimeXBT deposit screen lists all deposit methods, as geographic restrictions may apply
  • Traders can avoid currency conversion fees with a multi-currency account
  • The PrimeXBT demo account uses virtual funds and has no deposit requirement

PrimeXBT Deposit Methods vs. Similar Brokers

DepositMethods
PrimeXBT
Axi
InstaForex
Tickmill
Admirals
Bank wires
Yes
Yes
Yes
Yes
Yes
Credit/debitcards
Yes
Yes
Yes
Yes
Yes
Skrill
No
Yes
Yes
Yes
Yes
WebMoney
No
No
Yes
Yes
No
ChinaUnionPay
No
Yes
No
Yes
No
PerfectMoney
No
No
Yes
No
No
Othere-wallets
Yes
Yes
Yes
Yes
Yes
LocalizedMethods
Yes
Yes
Yes
No
No
Crypto-currencies
Yes
Yes
Yes
No
No

PrimeXBT Deposit Currencies

The account base currency is the base currency of a trading account, and the deposit currencies are currencies available for deposits through payment processors.

PrimeXBT supports the following deposit currencies:

  • USD
  • USDT
  • BTC
  • Any currencies supported by localized deposit methods

PrimeXBT Trading Account Currencies vs. Similar Brokers

AccountCurrencies
PrimeXBT
Axi
InstaForex
Tickmill
Admirals
US Dollar
Yes
Yes
Yes
Yes
Yes
Euro
No
Yes
Yes
Yes
Yes
British Pound
No
Yes
No
Yes
Yes
Swiss Franc
No
Yes
No
No
Yes
AustralianDollar
No
Yes
No
No
No
Others
Yes
Yes
Yes
No
Yes
Total
3
10
3
3
10

Steps for Sending a PrimeXBT Minimum Deposit

The secure PrimeXBT platform handles the PrimeXBT minimum deposit, which functions similarly to online banking.

Here is a step-by-step guide to sending your PrimeXBT minimum deposit:

1. Log into your PrimeXBT trading platform and click “Deposit,” followed by “Deposit Money.”

2. Please select your deposit currency, destination, country, payment processor, and deposit amount and follow the on-screen instructions.

3. PrimeXBT notifies clients once the deposit is credited.

PrimeXBT Minimum Deposit Bottom Line

The PrimeXBT minimum deposit is $1 (USDT) or 0.0001 BTC. PrimeXBT supports cryptocurrency deposits, and features select localized payment processors.

Broker Comparison

FAQs

Is PrimeXBT a good broker?

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PrimeXBT is a reasonable broker for traders who favor a crypto-forward broker offering liquid assets with ultra-competitive leverage.

What is the minimum deposit in PrimeXBT?

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The PrimeXBT minimum deposit is $1 (USDT) or 0.0001 BTC.

By DailyForex.com Team
The DFX Team at DailyForex is a group of veteran financial analysts, traders, and brokerage industry experts dedicated to producing in-depth broker reviews and cutting-edge market insights, plus analysis of market trends. Holding over 16 years of experience in global financial markets, and 4 B.A. level academic qualifications in relevant degrees, we conduct thorough, unbiased evaluations of brokers to enable traders make informed decisions, using the most advanced methodology in the industry. Also, the DFX team is involved in generating technical analysis, signals, and trading strategies, with a consistent commitment to accuracy and transparency. Whether you’re a beginner or a professional trader, the DFX Team works to ensure you have the tools and insights you need to succeed as a trader in the retail CFD industry.