Small improvements that would really take trading to an effectively better level would be the possibility of a trailing stop loss within the PrimeXBT platform. Everything else just works fine.
Pros
I can rest assured that all my winnings are safe
Cons
Mobile application is good but requires very fast internet
I had a scary experience with liquidation when my margin reached 0%. It's important to keep an eye on your trades and make sure you have enough margin to avoid this happening.
Pros
Transparent policies and supportive customer assistance
As a US-based trader, I was disappointed to learn that PrimeXBT isn't available in my country. It's a shame because I've heard good things about the platform.
Pros
Many positive experiences and reviews about the platform
At first I also thought that it was a rip-off model, similar to etoro. But actually you just have to play around to understand everything correctly. Whenever I thought, "Something's going wrong," I realized it was my own mistake during the surgery.
Pros
I like their high leverage offered
Cons
The risk of leverage might be too high for someone
It's a bit inconvenient that fiat deposits need to be converted through special services, but I understand that this is necessary for security reasons. I've had no issues with the process and appreciate the option to use crypto deposits directly.
Unfortunately, not all analytical instruments I enjoy using are available right now. Luckily, I can cover this gap thanks to unlimited access to third-party resources and great exposure to several markets.
I appreciate the guidance from the support managers at PrimeXBT on how to choose the right strategies to copy. They recommended considering performance and active day, which has led to some successful trades.
Although I was initially disappointed that PrimeXBT doesn't offer automated trading, I was pleasantly surprised by the copy trading feature. It's easy to use and has helped me make some profitable trades.
Good idea and an opportunity to have a normal account, be able to trade directly and buy or sell cryptos easily. Everything from a single source and easy.
Pros
low fees and wide range of tradable products, not just cryptos
Cons
I would appreciate lower commissions on primexbt copy trading platform
Trading fees can be high for smaller transactions, but are reasonable for larger transactions. Overall, I am very happy with my experience with PrimeXBT.
Pros
Easy to use platform, good security measures, easy deposits with crypto.
Cons
Fixed leverage can be limiting for some traders overall good.
It’s great that PrimeXBT has so many reliable affiliates where I can find different promotions. Although bonuses aren’t very significant, they are quite helpful. These aren’t the game-changers but they really motivate and boost your activity.
Thank you for allowing me to experience trading at PrimeXBT since May 2021. Unfortunately, an error has occurred in the meantime, which I was looking for at PrimeXBT. But I was wrong, my payment system was responsible for this error