A fraction of a pip on one trade becomes more significant across dozens of positions. For active traders, tight spreads, low fees and cashback can all help reduce the cumulative cost of trading, making a broker’s pricing and rewards structure worth a closer look.
PrimeXBT, a global multi-asset broker and crypto asset service provider, is well-known for its competitive trading costs. This article takes a closer look at the new VIP Welcome offer, alongside the broker’s ongoing VIP discounts and Rewards Center opportunities.
VIP Welcome Offer
PrimeXBT has recently introduced VIP Welcome, an offer giving all new clients VIP 4 status for their first 14 days. Activated automatically upon registration, the offer provides access to lower trading costs without first meeting the regular trading-volume requirements.
For Forex and CFD traders, this includes spread discounts of 15%, with reductions of up to 50% on Gold and Bitcoin CFDs. The offer also provides 33% off Crypto Futures taker fees, 10% off Exchange spreads, 24/7 priority support and access to 10% cashback on eligible trading costs through the broker’s Rewards Center.
How the full VIP program works
PrimeXBT’s VIP Tiers program has five levels with progressively lower fees and enhanced conditions.
After the 14-day welcome period, traders who meet the requirements can maintain VIP 4 or advance to VIP 5. Outside the welcome offer, qualification is based on trading volume over the previous 30 days. Upgrades take place automatically when the relevant threshold is reached, and clients can track their progress in real time. Clients can also use their Rewards Center balance to purchase VIP tiers for at least 30 days. At the highest tier, Forex and CFD spread discounts reach 25%, Crypto Futures taker fees drop to 0.015%, and Exchange spread discounts reach 15%. The VIP trading-fee and spread discounts apply only to trades on broker’s native platform, PXTrader 2.0. Trading volume on MT5 contributes towards qualification, but discounts don't apply.
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Low spreads across popular markets
A spread is the difference between an instrument’s buying and selling prices. For traders who regularly enter and exit positions, differences in that spread can quickly accumulate. PrimeXBT combines commission-free CFD trading with low spreads on key markets. EUR/USD spreads start from near 0 pips, US500 from 0.4 points, and NASDAQ from 0.8 points. The VIP conditions at the highest level reduce spreads even further: Gold spreads start from $0.17, US500 from 0.2 points, NASDAQ from 0.4 points, and Bitcoin CFDs from $19.
Redeeming rewards for cashback, VIP status or trading bonus
PrimeXBT’s Rewards Center allows clients to earn rewards through Trader Tasks and Trade & Earn milestones. Tasks cover activities such as a first deposit or trade, while Trade & Earn rewards for qualifying trading volume. Once claimed, rewards are added to the client’s Rewards Balance and can be redeemed in three ways. Cashback returns a portion of eligible trading costs already paid, with rates of up to 10% on PXTrader 2.0 and up to 5% on MT5.
The amount redeemed cannot exceed the available Rewards Balance, and credited cashback can be withdrawn or used for trading. Rewards can alternatively fund a VIP tier purchase or be converted into a Trading Bonus.
A Trading Bonus adds margin to a funded trading account, subject to a cap of 5% of the account balance. The bonus itself cannot be withdrawn, but returns from trading with it can.
Managing overnight and transaction costs
Holding costs also deserve attention when a position stays open overnight.
PrimeXBT offers a Swap-Free option, which replaces overnight swaps with a fixed administrative fee. Qualifying clients can access Extended Swap-Free, which removes that charge.
On PXTrader 2.0, Extended Swap-Free has no fixed maximum holding period per position, with continued eligibility determined by trading activity and position-holding patterns. Currency conversion and transfers are further parts of the cost picture. PrimeXBT offers up to 15% discounts on its exchange spreads for active users through its VIP program.
The deposits and withdrawals carry no platform fees, although 3rd party network or payment-method charges may apply. The broker also does not charge an inactivity fee.
Conclusion
PrimeXBT stays true to its commitment on prioritising trader needs.
By combining together, The VIP Welcome offer, the VIP Tiers program and the Rewards Center, the broker offers traders immediate access to preferential conditions, as well as ongoing ways to reduce the cost of trading.
Learn more about the PrimeXBT VIP program.
About PrimeXBT
PrimeXBT is a global multi-asset broker and crypto asset service provider trusted by traders in more than 150 countries. The platform bridges traditional and digital markets within one integrated environment, redefining versatility and innovation in online trading. Clients can access Forex, CFDs on indices, commodities, shares, crypto, and Crypto Futures, as well as buy, store and exchange cryptocurrencies. This unified experience extends across both the native PXTrader 2.0 platform and MetaTrader 5, supported by advanced risk-management tools and a wide range of funding options in crypto, fiat and local payment methods. Since 2018, PrimeXBT has focused on empowering traders through broad multi-asset access, fair and transparent conditions, professional-grade technology and dedicated human support. By combining expertise, trust and a client-first approach, PrimeXBT sets a benchmark of excellence in the financial industry and provides traders with the tools they need to trade, grow and succeed with confidence.
Disclaimer: The content provided here is for informational purposes only and is not intended as personal investment advice and does not constitute a solicitation or invitation to engage in any financial transactions, investments, or related activities. Past performance is not a reliable indicator of future results. The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage.
These products may not be suitable for all investors. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money. The Company does not accept clients from the Restricted Jurisdictions as indicated on its website / T&Cs. Some products and services, including MT5, may not be available in your jurisdiction. The applicable legal entity and its respective products and services depend on the client’s country of residence and the entity with which the client has established a contractual relationship during registration.