Transparent Cost Structure
Prime XBT provides a clear fee structure, emphasizing spread-based charges while eliminating unnecessary costs such as account and inactivity fees. Below is a comprehensive overview of their commissions and fees:
Account Minimum
With a low account minimum deposit starting at just $1, Prime XBT offers accessibility, making it a great choice for traders with limited funds.
Trading Fees
Prime XBT does not impose trading fees. Traders only incur a spread, ensuring transparency in costs.
CFD Fees
There are no specific CFD fees; CFD trading falls under the spread-based fee structure.
Forex Fees
Forex trading on Prime XBT is also free of fees, with costs solely associated with the spread.
Futures Fees
Since Prime XBT does not offer futures trading, there are no associated fees.
Account Fee
Traders enjoy a hassle-free experience with no account maintenance fees.
Inactivity Fee
Prime XBT does not charge any inactivity fees, making it suitable for occasional traders.
Deposit Fee
All deposits are completely free, irrespective of the method used.
Withdrawal Fee
A withdrawal fee of up to 1% of the transaction amount may apply, depending on the chosen payment method.
Overnight Funding Fee
Overnight funding fees are variable, influenced by bank rates, trading volume, and market prices.
Currency Conversion Fee
No currency conversion fees are charged on Prime XBT.
Guaranteed Stop Order Fee
Prime XBT does not impose fees for guaranteed stop orders, offering traders added flexibility.