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PXBT Forex Broker provides real users with 34 positive reviews, 3 neutral reviews and 14 exposure review!

PXBT Broker Review

Rating Index
2.06
Regulation
0.00
License
0.00
Software Index
8.60
Risk Control
0.00
Business
5.91

Pros

Competitive spreads and low trading fees, making it affordable for traders.
User-friendly trading platform with advanced tools and features for both beginners and experienced traders.
Strong customer support with various channels available for assistance.

Cons

Limited range of trading instruments compared to larger brokers, which may not suit all traders' needs.
Regulatory concerns, as it may not be regulated in all jurisdictions, posing potential risks for traders.
Withdrawal fees can be high, impacting overall profitability for frequent traders.

PXBT Review 51

All(51) Positive(34) Neutral(3) Exposure(14)
Exposure
PrimeXBT Blocking My Withdrawal Without reason

I deposited funds on PrimeXBT two weeks ago and now they’re refusing to process my withdrawal. The support team keeps sending generic replies instead of solving the problem. They invented a strange excuse about a “Do not honor” issue, but my bank and credit card provider both confirmed this doesn’t exist and that they would never block an incoming payment. On top of that, I can’t even select the same card I used for deposit to request a refund. This looks like a deliberate attempt to trap client funds.

FX1722734874
Verified
2025-09-11
Exposure
The unfair price difference of PrimeXBT has led to financial losses

I’ve been trading on PrimeXBT and honestly their spreads are terrible. They keep widening without warning, making it nearly impossible to trade profitably. It feels like the broker is taking advantage of traders rather than providing a fair market environment. Even in normal market conditions, the spreads are higher than most other brokers I’ve used. This makes me believe they’re more focused on draining clients’ accounts than building trust.

FX1267683012
Verified
2025-09-11
Exposure
PrimeXBT Refusing Withdrawal

I deposited money on PrimeXBT two weeks ago and now they won’t let me withdraw it. Customer service is useless, only sending pre-typed responses without real help. They even mentioned a strange “Do not honor” comment, but my bank confirmed they never refuse incoming transfers, nor have they heard of such an excuse. Credit card support also confirmed it’s the company’s fault. To make matters worse, I can’t even choose the same card I used for deposit as a withdrawal option. This feels like a clear attempt to block withdrawals.

FX4013572635
Verified
2025-09-11
Exposure
during the trading the broker spread is massive

I’m really disappointed with PrimeXBT because of their spreads. At first, I thought this broker was reliable, but after trading for some time, I realized their spreads are unreasonably high compared to other brokers. Every time I open a position, I’m already starting with a big loss because the spread is eating into my balance immediately. This makes it almost impossible to scalp or take short-term trades, and even longer-term trades feel like I’m being unfairly charged. Instead of giving traders a fair chance, PrimeXBT seems more interested in profiting off these inflated spreads. It’s frustrating because spreads are supposed to be competitive in today’s market, yet with PrimeXBT I feel like I’m trading at a disadvantage right from the start. Honestly, I regret depositing here, and I wouldn’t recommend this broker to anyone who values fair trading conditions.

FX1771058790
Verified
2025-09-11
Exposure
When I first submitted

When I first submitted my withdrawal application, the Malaysian customer service representative said, "The system detected that you're using a domestic bank card, and the match with the platform's international data channel is only 40%. You need to bind an overseas card to increase the match to 90% and meet the withdrawal requirements." They also sent me a "data matching rules table" stating that "international platforms prioritize matching overseas account data" and threatened that "if I don't bind within 15 days, my account will be marked as an 'abnormal data account' and my principal will be frozen!" I argued that I didn't have an overseas card, but the customer service representative said, "You can find an overseas card agency that works with the platform. It costs 5,000 yuan and the data matching will be completed quickly!" Only then did I realize it was a trap!

FX3890414657
Verified
2025-09-06
Exposure
A while ago, the Malaysian

A while ago, the Malaysian customer service representative suddenly sent me a message saying, "The platform's data system detected three previous miscalculations in your transaction data. You can apply for a correction and cash rebate of up to 8,000 yuan." They also asked me to submit my bank card number, a photo of my ID, and an SMS verification code to "verify the data." Thinking I'd get the cash rebate, I submitted the information as requested. That same evening, I received a text message from the bank saying "50,000 yuan was deducted from my account!" I quickly logged into my PXBT account and discovered that the 50,000 yuan had been transferred to an unfamiliar account! I contacted customer service for an explanation, but they said, "You leaked your account information yourself; it has nothing to do with the platform's data correction." I asked them to check the transfer records, but they said, "The records are internal and cannot be disclosed."

FX8789458362
Verified
2025-09-06
Exposure
When I first submitted

When I first submitted a withdrawal request, the Malaysian customer service representative said, "The system has detected that your account has three transactions that haven't been filed for compliance. You'll need to submit a margin deposit. Once the review is passed, the margin and principal will be credited together." I was stunned. Why hadn't they mentioned any compliance issues during the transaction? They even sent me a "compliance review report" with the message "15% of unfiled data" and threatened me, "If you don't pay the margin within 7 days, your account will be frozen by regulators and your principal will be deducted!" I scraped together 20,000 yuan and transferred it in, but after waiting 10 days, the review was still "pending approval"! That's when I realized it was a scam!

FX1915239066
Verified
2025-09-06
Exposure
My Malaysian customer

My Malaysian customer service representative sent me daily "data partnership project reports," claiming, "The platform has exclusive data resources, and if you invest over 100,000 yuan, you'll join the 'profit-making partnership group,' where you can follow the data signals and make guaranteed profits." They also sent me screenshots of users investing 150,000 yuan and earning 45,000 yuan a month. Believing them, I invested the 120,000 yuan I was planning to use to expand my store. However, as soon as the money arrived, the "profit-making partnership group" was disbanded, and the customer service representative I had previously contacted blocked me! When I contacted the platform's official customer service, they either didn't respond or said, "We can't find your project investment record; it might be data loss." I later learned that the so-called "data partnership project" didn't exist and was simply a scam based on fake reports.

FX4026481792
Verified
2025-09-06

PXBT 2025 Review: Everything You Need to Know

1. Summary

PXBT is a new online Forex and CFD broker. It offers trading through the MetaTrader 5 interface, which provides a smooth experience for users. In this pxbt review, we see mixed results from traders. Most users like the platform, with 26 positive reviews compared to 3 neutral and 4 negative reviews. However, some people warn about possible scams and trust problems with the broker.

The platform uses modern technology and has an easy-to-use design. This appeals to traders who want to trade Forex and CFD instruments. But there are concerns about how clear the company is about its rules and possible fake signals. The broker focuses on giving traders a good experience through MT5, and many users like this approach.

Still, the warnings mean traders should be careful. This pxbt review shows both the good features and the problems with PXBT. It gives a fair view for people who want to know if PXBT fits their trading needs, especially traders with some experience who want to explore Forex and CFD markets.

2. Important Considerations

PXBT gets its license from the Financial Services Commission of Mauritius. The strength of this regulation might be different depending on where you live. This review uses market data and feedback from users, but it might not cover every part of trading with this broker.

We used verified user reviews and reports from trusted sources to make sure our analysis is balanced. Details about account types, how to deposit money, and customer service are either limited or not fully shared in the information we could find.

3. Rating Framework

Dimension Score Rating Basis
Account Conditions To Be Updated Specific account types, minimum deposits, and other account features were not detailed.
Tools and Resources 5/10 Uses the MetaTrader 5 platform but lacks information on additional trading tools and resources.
Customer Service & Support To Be Updated Details regarding customer support channels and service quality were not provided.
Trading Experience 6/10 Mixed user feedback with some reporting a satisfactory experience, though issues such as warnings exist.
Trustworthiness 4/10 Concerns arise due to potential scam warnings and regulatory ambiguities.
User Experience 5/10 User reviews indicate a balanced mix of positive and negative experiences, with transparency issues.

4. Broker Overview

PXBT is an online Forex and CFD broker that competes in the busy trading market. The company does not clearly say when it was founded, but it has quickly gotten attention for offering MetaTrader 5 access. This platform is known for its strong trading features and reliable performance.

PXBT's business model centers on giving traders a simple experience in Forex and CFD markets. The assets they offer are designed to meet the needs of traders who value both technology and the ability to trade different types of investments. Market reports show that PXBT focuses on cutting-edge trading technology with an emphasis on making things easy for users. However, there are some gaps in how clear they are about their regulations and oversight.

For their technology setup, PXBT uses the MetaTrader 5 platform to handle trades. This gives traders access to advanced charts, automated trading features, and an interface they can customize to fit their needs. The Financial Services Commission of Mauritius oversees the broker's regulations, which aims to protect clients. But how well this works may depend on where you live and trade.

The platform has received good feedback from users for its simple interface and reliable execution on MT5. Still, regulatory and transparency issues have made some traders cautious. This pxbt review highlights these key factors to help traders make smart decisions about whether to use this broker.

5. Detailed Information

Regulatory Region:

PXBT gets its regulation from the Mauritius Financial Services Commission . How well this regulatory oversight works depends on regional interpretation and local enforcement standards.

Deposit and Withdrawal Methods:

The available information does not provide specific details about deposit and withdrawal methods. This leaves traders with limited insight into how the platform handles fund management.

Minimum Deposit Requirement:

The data we found does not mention a minimum deposit requirement. This missing information could affect traders who want clarity on how much money they need to start an account.

Bonus and Promotions:

Details about bonus schemes or promotional offers are not included in the materials we reviewed. So no current promotional benefits can be verified for PXBT.

Tradable Assets:

The broker offers tradable assets that include Forex pairs and various CFD products. This range is designed to serve traders who want flexible asset trading opportunities.

Cost Structure:

There is no clear information about spreads, commissions, or other costs. As a result, the cost structure remains unclear and hard to compare accurately with other brokers.

Leverage Ratios:

Specific information on available leverage ratios is not provided. Traders should seek further details directly from the broker under current market conditions.

Platform Options:

PXBT's main trading platform is MetaTrader 5 , which is known for its functionality and good reputation in the industry. This focus on MT5 is a central feature of what the broker offers.

Geographic Restrictions:

There are no clear statements about geographic restrictions in the available information. Users should still be aware of possible regional limitations that might apply to their location.

Customer Service Languages:

No specific information is provided about the languages in which customer support may be offered. This is another area where more transparency would help potential clients.

6. Detailed Analysis by Dimension

6.1 Account Conditions Analysis

The account conditions that PXBT offers remain mostly unclear in the available information. There is no detailed information about the types of accounts available, and there is no mention of a minimum deposit requirement. This makes it hard to know how accessible the platform is for different types of traders.

The process for registering an account and the verification steps that follow are also unclear. There is no mention of special account features, such as Islamic accounts or other custom solutions, which often help brokers stand out from competitors. The lack of clearly stated account conditions in this pxbt review makes it hard for traders to compare PXBT directly with other brokers.

Trusted brokers usually provide transparent account setup information, but PXBT has not given enough details in this area. As a result, potential users should do more research to fully understand what account commitments PXBT requires. The lack of detailed information about these important aspects is a notable problem that prospective users must consider when weighing their options.

6.2 Tools and Resources Analysis

PXBT uses the MetaTrader 5 platform, which traders like for its advanced charts, extensive technical analysis tools, and automated trading strategies. However, beyond the MT5 platform, the broker does not seem to offer many additional tools or resources. These extra features could help traders make better decisions.

Research and analysis tools, comprehensive educational materials, and market insights are common among leading brokers but are missing from PXBT's offerings. While MT5 is a strong selling point, the overall package is somewhat limited compared to competitors. Other brokers provide a more diverse set of tools for both professional and new traders.

The MT5 platform supports a strong trading environment, but the lack of extra resources puts PXBT in a middle position for tools and resources. Traders may benefit from MT5's functionality but might need to look elsewhere for broader research and educational support.

6.3 Customer Service and Support Analysis

The specific details about PXBT's customer service are notably limited. There is a lack of information about which customer support channels are available, such as email, live chat, or phone support. Details about operating hours are also missing from the available information.

Information about response times, service quality, and the range of languages supported is not disclosed. This lack of data raises concerns about how reliable and effective the broker's support system really is. Good customer service is important for solving trade issues or account questions quickly, but PXBT's support structure has not been clearly explained in the review materials we found.

As a result, traders may feel uncertain when they need customer support to solve problems. With limited documented customer feedback specifically about these aspects, potential clients should ask PXBT directly for more details. The lack of clear support information hurts confidence, especially when compared to the detailed support systems that more established competitors provide.

6.4 Trading Experience Analysis

The trading experience on PXBT shows a mix of positive and negative feedback from users. Many users have reported a good trading environment and praise the efficiency and reliability of the MetaTrader 5 platform. The MT5 platform's strong functionality, including advanced order execution and a user-friendly interface, adds positively to the overall trading experience.

However, some traders have raised concerns about the platform's stability and occasional lack of transparency about order execution details and potential slippage. Reports of potential scams have also led to a cautious approach among some users, which affects their overall trust in the platform. While most positive reviews support the broker's ability to deliver a decent trading experience, the warnings about potential fraudulent activities cannot be ignored.

These issues suggest that while the platform provides an effective trading tool, the user experience could improve with better transparency and system reliability. For those reading this pxbt review, the trading experience is acceptable but carries risks that need further examination.

6.5 Trustworthiness Analysis

Trustworthiness is important for any broker, and PXBT faces notable challenges in this area. PXBT is regulated by the Mauritius Financial Services Commission , but concerns remain about the overall regulatory strength and practical enforcement of these standards across different regions. The available information shows warnings of potential scam activity, which have been mentioned in some user reviews and third-party reports.

There is also little transparency about key aspects such as fund segregation or client asset protection measures. These are fundamental to ensuring investor safety and building trust with clients. The overall industry reputation, combined with negative signals from exposure reviews, suggests that while regulatory affiliation exists, discerning traders may question the reliability of this oversight.

This lack of clarity, combined with reported issues, hurts the confidence a trader might have when choosing PXBT. Clear communication about all aspects of client protection and risk reduction is essential, and the current state of disclosure in this pxbt review falls short of these expectations. Traders should exercise caution and seek more information before committing significant capital to PXBT.

6.6 User Experience Analysis

The user experience with PXBT shows both favorable and less favorable aspects. On the positive side, users have noted the efficiency of the MetaTrader 5 platform, with many praising its clean design and smooth functionality. However, the overall user experience is hurt by concerns around account setup transparency, potential scam warnings, and the lack of detailed support information.

Interface design, while functional, lacks innovation and advanced features that one might expect from a modern broker. The absence of clear communication about registration processes and deposit/withdrawal procedures adds to the overall uncertainty faced by users. Several users have complained about the transparency of operational practices, which can lead to frustration during important trading moments.

While the platform does serve traders with a clear interest in Forex and CFD trading, there is significant room for improvement in enhancing user confidence and making user interaction smoother. Addressing these issues would likely improve PXBT's user experience substantially and help build stronger relationships with clients.

7. Conclusion

PXBT offers a trading platform with notable features, including the advanced MetaTrader 5 system. This has received positive feedback from a significant portion of its user base and shows the broker's commitment to providing quality trading tools. However, the broker's transparency issues and warnings related to potential scams contribute to concerns about its overall trustworthiness.

This pxbt review suggests that while the trading environment is efficient, the lack of detailed account and support information limits its appeal. PXBT may best suit intermediate Forex and CFD traders who are comfortable with environments that have some risk and are ready to do further research. Traders should balance the platform's technological advantages against its potential regulatory shortcomings before making a commitment to use this broker.

PXBT review