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PXBT Forex Broker provides real users with 26 positive reviews, 3 neutral reviews and 4 exposure review!

PXBT Broker Review

5.32

WikiFX monitor

Software Index

Full License

License

FSA Offshore Regulated

PXBT Review 33

Latest All(33) Positive(26) Neutral(3) Exposure(4)
Positive

the reputation score likely this low (below average) atm because the platform is rather new. But with the quality of the main project (I think they are from Primexbt, which has over $1 billion in daily trading volume), and with the amount of features this broker has (positive swaps, investing, neobank integrations), I think the reputation score will rise quickly. Would bet.

TyreseNaude
2024-12-21
Positive

indices trading is 🔥🔥 very low fees and realtively fastc execution

KittisakWongchai
2024-12-19
Positive
Good for demo testing with reasonable spread

I was on the hunt for a broker with a demo account so I could test out some new strategies. You’d be surprised how many brokers either don’t bother offering one or make you jump through hoops—filling out forms, handing over your phone number, verifying personal info, and all that, just for a demo. Next thing you know, they’re calling you non-stop, even if their platform isn’t a good fit. Then I came across PXBT, all you need is an email to get started. It was such a relief to avoid all that hassle. Once I got into it, I noticed they have way more assets than a lot of other brokers I’ve tried, and their spreads are pretty reasonable too—which, let’s be honest, is a big deal for traders like us. That’s how I ended up sticking around. Honestly, if more brokers made it this easy for demo users, they’d probably turn more of us into long-term clients.

FX1459348265
2024-11-28
Exposure
I have withdrawn money for about 1 week, but the money has not been credited.

I have been withdrawing money for a long time, but the amount of money mentioned is accused of violating the terms and conditions without any evidence of wrongdoing. It is only based on speculation that we have done something wrong. And still unable to contact the broker's support, it's very bad, like an automated response. When we ask the manager in Thailand, he just replied that it's already been done. Every time, we have to wait for the foreign side, not knowing if they are working together. It has been like this for weeks, which is all the money I have. And now, there is no money left. But the broker takes advantage of this and claims that when we make a profit, they don't allow withdrawals, citing this and that. In the end, they will keep the matter quiet. As for me, I have taken legal action against all parties involved, which is a case of fraud and misregistration of the company type. And there is also an illegal solicitation of investment. I will pursue this matter to the end. If I don't receive a full refund, I will not let it go.

FX5142370072
2024-09-09
Exposure
cannot withdraw

Why didn't my withdrawal order be approved? How many days have passed?

FX1601587045
2024-09-09
Exposure
Help me !!

Please approve my withdrawal order, is this exchange a scam?

FX1208307242
2024-09-09
Exposure

This is a scam broker, they dont let me withdraw my money. Please stay away.

john9329
2024-09-09

  

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