PrimeXBT vs BitMex

PrimeXBT vs BitMEX Comparison Table 2023
PrimeXBT BitMEX
WINNER
PrimeXBT is the better broker
4.2
United States Flag Traders from US not accepted
3.2
United States Flag Traders from US not accepted
PrimeXBT is a Bitcoin-based platform offering highly leveraged trading in FX, indices, commodities, & cryptocurrencies. Copy trading and crypto staking also available. BitMEX offer the largest market liquidity of any cryptocurrency exchange. The platform also offers low trading costs and minimum deposit requirements.
Pros
  • Low minimum deposit
  • Copy trading
Cons
  • No demo account
  • No MT4 integration
  • No regulatory oversight
Awards
  • Best Crypto Trading App
  • Best Platform For Margin Trading
Promotions

Enter PrimeXBT Virtual Contests To Win Real Prizes

Bonus
Fee reduction for BMEX token holders
Instruments
CFDs, Cryptos, Forex, Indices, Commodities Crypto
Demo Account
No Yes
Minimum Deposit
0.001 BTC $0.01
Payment Methods
Minimum Trade
0.01 contract Varies upon the crypto traded and amount of leverage
Regulator
Republic of Seychelles
Margin Trading
Yes Yes
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No Yes
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
No Yes
P2P Trading
No Yes
Spot Trading
No Yes
Mobile Apps
iOS & Android iOS & Android
Auto Trading
BitMEX Market Maker, BotVS, and via API
Copy Trading
Yes No
Copy Trading Platform
PrimeXBT offers an excellent Covesting module where traders can follow the strategies of other users with free and paid-for signals.
Social Trading
Yes Yes
Trade Signals
No
VPS Hosting
No No
Tournaments
Yes No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No No
Stock Exchanges
Commodities
CFD Trading
Trade leveraged CFDs with low fees and fast execution speeds. CFD trading not offered
Leverage
1:200
FTSE Spread
Variable
GBPUSD Spread<
Variable
Oil Spread
Variable
Stocks Spread
Variable
Forex Trading
Trade on close to 20 currency pairs, including crypto pairs. 'Covest' and follow experienced traders. Forex trading not offered
GBPUSD Spread
Variable
EURUSD Spread
Variable
EURGBP Spread
Variable
Assets
18
Cryptocurrency
Trade on popular cryptocurrency coins with an award winning trading platform. Leverage up to 1:200 subject to regulation. BitMEX offer the largest liquidity crypto trading environment anywhere. Contracts from $1. Compliant with global AML guidance, the platform offers cutting-edge crypto exchange and hedging.
Spread
0.05% BTC, 0.05% ETH -0.01% maker, 0.075% taker
Coins
  • BTC
  • LTC
  • ETH
  • XRP
  • EOS
  • ADA
  • DOT
  • SOL
  • UNI
  • LINK
  • DOGE
  • BNB
  • ICP
  • SAND
  • BCH
  • BTC
  • ETH
  • LTC
  • XRP
  • TRON
  • EOS
  • XMR
  • ADA
  • DOGE
  • BNB
  • DOT
  • SOL
  • SHIB
  • AVAX
  • GAL
  • NEAR
  • SUSHI
  • AXS
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
Yes Yes
Auto Market Maker
No Yes
More Comparisons
PrimeXBT
vs
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