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It is important to note that if a position is carried over into a new trading day or trading session, an overnight financing fee is applied. PrimeXBT is 34 in our rankings of CFD brokers. We’re here to help you. Nothing on this Website is intended as a marketing or promotion of its services to citizens of the EU/EEA or the UK. Additionally, charting and technical analysis by TradingView are available in Analysis section. PrimeXBT supports trading Crypto, Commodities, Forex, and Global Indices. Mining cryptocurrency is considered a passive form of income as, after the initial set up, it becomes a slow accumulation of cryptocurrencies through the running of mining equipment. PrimeXBT reserves the right to cancel, revoke, or withdraw the Promo code and/or the Bonus provided by the Promo code and annul all or any portion of profits made when using the Bonus at any time in case of any suspected abuse of Promo codes by a participant, including but not limited to using multiple Promo codes on multiple accounts to mirror trades. There is no minimum deposit required to open a margin trading account at PrimeXBT. PrimeXBT Sign Up Bonus does not offer a sign up bonus for first time sign ups or beginner traders, but a deposit bonus of 7% is offered. Even though the company is still relatively new in the trading industry, PrimeXBT has grown to become an industry leader. To generate an account statement, select the required Margin trading account, enter the desired statement timeframe and click ‘Statement’. They were also quite knowledgeable so it shows that PrimeXBT has not palmed their support function off to some offshore location with people who don’t know what they are talking about. This streamlined approach allows traders to access crypto futures, traditional asset CFDs, contests, copy trading, and other valuable resources without the need for multiple accounts or platforms. You can get this for iOS and Android devices, and it offers you an equally convenient way to enjoy margin trading and use all of the technical indicators effectively. In June 2016, Iván left Aplari to join Libertex Group where he spent nearly three years in different sales positions to develop its Latin American and Spanish retail department. Of course, there are plenty of whales that own both, just due to how crypto came to be. The Ascent does not cover all offers on the market. Returns or profits may be subject to capital gains tax. Nothing on this Website is intended as a marketing or promotion of its services to citizens of the EU/EEA or the UK. 3 PrimeXBT fees: PrimeXBT offers some of the competitive fees. PrimeXBT does not support API connection at the moment. Perfect Money Account ID used to make a deposit will be preselected automatically. Note that an overnight financing fee is charged at 00:00 UTC if a position is carried into a new trading day. Take the next step by signing up with our link to get your bonus once you deposit, and start trading immediately. Their platform is easy peasy to use and orders are executed exactly at what price you set, it helps a lot, and I like it the most.

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What is PrimeXBT?

Are there any other companies related to FTX that have not spoken. 35350, this means that the trade lost 25 points. A lot depends on the advancement of banking and their use of Cryptocurrency. Here is a look at the margin requirements for some of the 51 forex pairs available. We continue to understand the importance of the analysis section and will regularly be updating and improving this section in the next year. The content of this website is not intended for citizens or residents of the European Union, the wider European Economic Area, or the United Kingdom. The platform was founded in 2018, and from the very beginning, it managed to grow exponentially. Below is a summarized comparison. There is no minimum or maximum withdrawal amount required. Top website in the world when it comes to all things investing. Just click on the deposit button in the margin trading account section of the website and then deposit into the wallet provided. A Market order is an order to be executed immediately at first available market price. Plus, details like this can help those who enjoy copy trading on the exchange. As recently as September, experts were still speculating on whether or not XRP could become the next bitcoin or ethereum.

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Trade anytime, anywhere

Everything is well laid out, not cluttered, and easy to find with intuitive drop down menus. Uk has been helping British traders find the right broker for over 20 years. Even this drawback isn’t deadly for me as I manage everything with stop loss orders. PrimeXBT has a watchlist you can easily customize and populate with the trading pairs of your choice. Post articles and get them viewed, discussed, and shared in one of the most active cryptocommunities. They are registered in lawati laman rasmi Seychelles and have offices in St. Rewards: Account holders can earn rewards via the Rewards Center. Contests – test your skills and compete with other participants to win prizes by trading Crypto, Indices, Commodities and FX with up to x1000 leverage with virtual funds creating a risk free environment. However, please note that the amount should exceed the withdrawal fee for the asset you wish to withdraw. It is incredibly important to save this backup key as it will be required for you to reset your 2FA if your phone gets stolen or lost. Trade fees, overnight financing charges and settled PandL do not affect Bonus amount and are charged or booked to Trading account balance. Cryptocurrencies include Bitcoin, Litecoin, Ethereum, Tether, and others. If you do not see this then it means that you could be on a phishing site and should leave immediately. PrimeXBT is a cryptocurrency trading platform offering access to global markets, including forex, commodities, indices, and cryptocurrencies. PrimeXBT is indeed based in Seychelles, which is an offshore jurisdiction. This strategy is a good fit for novice investors, who lack the necessary experience to analyse and choose the most opportune moments to buy Ethereum. The potential return for a correct guess is preset by the turbo feature. Since then, Cardano price has been very negative until recently. You can receive payouts of up to 50% of trading fees commissions paid by your referrals. Account verification is completed upon Depositing Cash. EToro is a more popular platform, but doesn’t accept cryptocurrency deposits.

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What are the trading limits?

The processing time for deposits varies depending on the cryptocurrency and blockchain network used. In other words, if the position gets liquidated, we lose the position and the money we used to open the position. I’ve done that, and it sucks. But once 2018 hit, a major Bitcoin trend change occurred, and the price started going down. Before engaging with this website and the services made available through it, you should read all relevant Terms and Conditions, policies, and accompanying documentation which govern the Terms of Use of all PrimeXBT products and services. PrimeXBT beats all competitors. For the conditonal order type, you can easily place your take profit and stop loss orders. No, you can never lose more than you deposit into PrimeXBT account. The Cosmos Hub lets all blockchains work together by keeping track of each blockchain’s state via a state transition function. With no minimum deposit, copy trading features and low commissions, the broker remains a popular option among crypto trading novices. Our detailed price comparisons and cryptocurrency guides have you covered. The way these bands work is that assets often tag the upper band when passing through the middle BB from the downside, and vice versa. Prime XBT only charges two types of fees – the trade fee, charged for entering the position, and the overnight fee, which is for financing the position. EToro offers CFDs on stocks, currencies, commodities, ETFs, and crypto. Just remember that you’ll probably have to use a third party payment service if you want to deposit with these traditional payment methods. To trade with margin, users must fund their margin account after making a deposit to begin trading. Vincent and the Grenadines, and a recent move and consideration of becoming headquartered in Switzerland, PrimeXBT IS NOT currently regulated or licensed. The platform, however, lets you fund the trading account with Bitcoin only. Taking a closer look at the actual tools that are at your disposal, there are the drawing tools that traders need to map their important levels. PrimeXBT places a high emphasis on security. MetaMask integration with your PrimeXBT Wallets is available only through ERC 20 and BEP 20 networks and is not supported by the TRC 20 network.

Fiat Deposits

The free app is available as a free download for Android and iOS devices. A market order is an instant order. Just so you know, these assets are kept in a cold offline storage facility to ensure that they don’t fall into the wrong hands. Price Spread or Bid Ask spread is the difference between the Bid and the Ask price of an asset. 3 months ago 189 views. The company has developed its own trading terminal, called PrimeXBT, with a built in function for copying trades; and there are browser and mobile versions. Depositing funds on PrimeXBT is really simple, though the only accepted currency is Bitcoin. There is no minimum deposit amount for margin trading at PrimeXBT. However, even though the platform is extremely intuitive and user friendly to new traders, some people might still find it too complicated to use. Just click on “Open new account” and pick the cryptocurrency of your choice. Shiba Inu was launched in August 2020 as a meme coin—and still sits at 2 in the meme coin rankings on CoinMarketCap. To withdraw Cash funds from your PrimeXBT account, go to the Main page of your Account. Fiat exchange services are subject to and governed by Baksta UAB’s Terms and Conditions and Policies. By capping the leverage on isolated margin trades, PrimeXBT may be attempting to protect traders from the rapid exhaustion of margin in the face of volatile market shifts. Regulated by the authorities in Cyprus. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income. Best Forex Trading StrategiesLow Spread Forex BrokersBest Currencies to tradeWhy Forex Traders lose money. Once you have selected the desired exchange direction, the amount of currency to exchange, and chosen a fitting exchange rate, click on the blue ‘Confirm’ button to execute the exchange.

Track over 10,000 crypto prices in real time with ease

Click here for step by step instructions on how to make a deposit on PrimeXBT. For example, PrimeXBT is an multiple award winning trading platform that lets users buy Bitcoin easily right from the dashboard using a third party payment widget. Referral Program: PrimeXBT offers a lucrative referral program. Access it on SaaS, iOS and Android through their purpose built app. Nothing on this Website is intended as a marketing or promotion of its services to citizens of the EU/EEA or the UK. Upon her friend’s recommendation to invest in Bitcoin in 2015, she became interested in all things crypto. This PrimeXBT Crypto Futures review will complement our previous review, and should simply give you more info about the company than you had prior to reading. Prices will also consolidate when trading volumes are low. 00 however the cost in fees was in excess of $116. PrimeXBT supports the deposit and withdrawal of Fiat currency USD, via Advcash and Perfect Money. Trade fee is incurred each time you buy or sell assets on the market i. So you have full control of your leverage and risk by controlling position sizes in your portfolio. If you do not understand the risks involved, or if you have any questions regarding the PrimeXBT products, you should seek independent financial and/or legal advice if necessary. It is incredibly important to save this backup key as it will be required for you to reset your 2FA if your phone gets stolen or lost. When you receive BTC this way, you can either keep it, trade it, or convert it to cash for use for bills or other things. PrimeXBT supports trading Crypto, Fiat, Commodities, and Indices. For example, if a trader has a balance of $10,000, they will want to not risk more than US$500. For withdrawals, you will only have to pay 0. 12 milliseconds on average. This way, you can improve your returns and achieve the same returns as the leading traders on the platform. Lets see how it goes. At the end of the day, that is the most important thing to know on a chart, and people will typically use technical analysis as an entry or exit signal, perhaps based upon the longer term movement known as “the trend. It comes with more than 12 integrated liquidity providers, which is capable of executing up to 12,000 orders per second and makes sure that the average order is executed in less than 7. As a global platform, phone support would be a useful addition for users that need urgent assistance. What is the minimum and maximum amount for a withdrawal. If you do not understand the risks involved, or if you have any questions regarding the PrimeXBT products, you should seek independent financial and/or legal advice if necessary.

US dollar

If there is no seller on the market, you can’t buy. If you’d like to try PrimeXBT with a demo account, consider joining one of our trading Contests. Feel free to check our video tutorials as well as the help center to learn more about how margin trading works, how to manage your margin utilization by adjusting position size, how to calculate margin requirements and more. Despite the recent setbacks to the industry and asset prices, the cryptocurrency market continues to capture the attention of traders around the world. Analyze portfolios, available crypto assets, and the recent and all time statistics of trading activity. Leverage, margin, and trading with leverage explained here. Reviewed by Alexander Goodenough. First of all, go to the trading terminal by clicking on the Trade section on the menu. PrimeXBT supports trading the major Forex pairings, crosses, and exotics. An update dubbed EIP 1559 should theoretically cause ETH supply to be much scarcer over time. One of the standout features of PrimeXBT is its security and trustworthiness. The trading chart’s default option on the PrimeXBT trading platform is a candlestick chart that features pricing on vertical and time on horizontal, being color coded in green and in red. One of the main selling points behind PrimeXBT is the fact that they have leveraged trading for a number of different assets.


An OCO order or One Cancels Other, is a conditional order. However, traders are also interested in new assets that show growth potential. Returns or profits may be subject to capital gains tax. This means you can get started with the firm in just a few minutes. PrimeXBT does not solicit clients residing in the above regions and only accept clients that register at their own initiative. It is possible to use a third party service such as Coinify TC, which allows you to buy BTC, ETH, USDT and USDC using your bank card, SEPA bank transfer and have it transferred to your PrimeXBT wallet. Customizable charts, technical analysis, and leverage trading enhance the experience, creating successful traders anywhere in the world. The first step you will need to make is to open up your commodity trading account. Each trader is responsible for maintaining sufficient margin levels to avoid position liquidation. Based on the EUR/USD trade that we have taken before, the value of 1 pip is 10 USD. I like to store my assets on cold storage and have the possibility to protect my account with 2FA. Depending on the type of a promo campaign, specific rules and conditions may apply to the promo, as listed below. To access Covesting Strategy Management for mobile devices, you must download the free PrimeXBT mobile app from the Apple App Store for iPhone or the Google Play Store for Android. The spreads on major pairs like USD/EUR or USD/GBP are generally smaller than on minor or exotic pairs, but all spreads are competitive.

Most Secure Wallets To Start With

For USDT, USDC and COV deposits are available. In 2018, FINMA stated that it would take a “balanced approach” towards the cryptocurrency industry and allow “legitimate innovators to navigate the regulatory landscape”. It will also give you the tools to sharpen the skills of a professional. They have developed their own trading technology, making the platform robust with plenty of key features. Gas prices are derived. To deposit Crypto, click the ‘Deposit’ button on the Main page. The exchange hasn’t been hacked up to the point of this writing and is considered one of the reliable and secure trading platforms. This website is owned by Prime Technology Ltd, a company registered in the Republic of Seychelles, with Registration No. Adoption has been very vibrant, but it should also be noted that there may come a time when Polkadot will have to address the limited slots. PrimeXBT agrees to provide services subject to the client not being a resident of a restricted country, which includes. PrimeXBT has not been hacked and is generally considered a secure and trustworthy platform. Make sure you understand the difference between Spot and CFD trading before getting started.

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Garth Pearce

Group CEO

Mr. Pearce currently serves as the Chief Executive Officer of Norbrook Equity Partners Limited. In his current role, Mr. Pearce is responsible for all areas of the group and its portfolio companies. This includes all the central support services provided from Norbrook to each of its portfolio companies – Finance, Accounting, HR, Logistics and Administration. 

Previously, Mr. Pearce was Manager of Investment Banking for NCB Capital Markets Limited, the investment banking arm of the NCB Group, where he was responsible for deal origination and structuring with a focus on private equity and real estate transactions. He joined NCB Capital Markets in 2013 to lead the firm’s regional private equity investment initiative. 

Prior to joining NCB, Mr. Pearce was Senior Investment Manager for the Caribbean Investment Fund, L.P., the first pan-Caribbean private equity fund dedicated exclusively to making investments in the CARICOM Region. He also worked with Jamaica Producers Group Caribbean snack food business where he managed finance and logistics.

Khary Robinson

Executive Chairman

Khary Robinson is the Executive Chairman of Norbrook Equity Partners (“NEP”), a holding company that acquires and operates privately owned businesses in emerging and niche markets. Today NEP owns and operates fourteen companies in Jamaica, West Africa and the United States. These businesses are very diversified in terms of industry and scope and includes the local leader in ecommerce fulfillment (Mailpac), the largest private transaction processing company in Jamaica (ePay), Jamaica’s leading player in ice manufacturing and distribution (Pure National Limited), the Jamaican arm of the world’s largest car rental company (Hertz), Jamaica’s fastest growing water provider (JamAgua) and several other industry leading platforms in Jamaica, Florida and West Africa. 

Since founding NEP in 2008, Mr. Robinson was responsible for transaction execution, business development, strategy, finance and operations across the group. In 2016, Mr. Robinson moved into his current role of Executive Chairman, where he spends the majority of his time developing and executing group initiatives, either through the identification and execution of new acquisitions or developing and strategizing growth strategies for the existing portfolio. Today, Mr. Robinson works closely with the NEP’s Group CEO as well as the business managers of each business line to ensure the effective execution of the stated strategy for each company and the group on a whole. Prior to establishing NEP, Mr. Robinson worked in various industry groups of Investment Banking for Goldman Sachs, Citigroup and Bank of America Securities. During his tenure, he analyzed various financial markets, companies and acquisition candidates for corporate clients undertaking financing and M&A transactions. 

Mr. Robinson studied economics at Georgetown University and graduated with honors, attaining a Bachelor of Science in Finance and Management. There he was awarded with the prestigious Arthur Ashe Student-Athlete award. He received his MBA from the Wharton School in May 2007, with a major in Finance and Entrepreneurial management. He has also been recognized for his achievements and was awarded the Goldman Sachs Fellowship, the Joseph P. Wharton Fellowship, the Executive Leadership Council award as well as the Shils-Zeidman Entrepreneurial Fellowship at Wharton. Mr. Robinson is also a member of the Young President Organization (YPO), NextGen network of executives and the Council of Urban Professionals (CUPA).