FSCA — South Africa
PRIMEXBT (AU) PTY LTD
Regulated · No. 45697
PRIMEXBT Review — Overview
Regulation
Tier-2 regulated
Licence
FSCA · No. 45697
Licence status
Regulated
Platforms
Devices
Instruments
Foreign exchange, indices, commodities, cryptocurrencies
Operating
Est. 2022
Main market
PK
Entity
PRIMEXBT (AU) PTY LTD
Website
Unknown
PRIMEXBT is a forex & CFD broker based in South Africa, established in 2022. On Trust Broker Hub it holds a Trust Score of 3.5 out of 10, which we rate as Poor — above the industry average of 3.3/10. High-risk profile — proceed only with caution and small amounts.
PRIMEXBT's licence comes from an offshore jurisdiction (FSCA). Offshore regulation is far lighter than tier-1 oversight from bodies like the FCA (UK) or ASIC (Australia): there is usually no compensation scheme, and recovering funds can be difficult if the broker runs into trouble. Treat it with extra caution and verify the licence on the regulator's own register.
PRIMEXBT provides access to Foreign exchange, indices, commodities, cryptocurrencies. Its detailed trading conditions — minimum deposit, spreads and maximum leverage — are not publicly disclosed, which lowers transparency. No complaints are currently on record. Overall, PRIMEXBT carries a high-risk profile. Only consider it with money you can afford to lose, and verify everything independently first.
Trust score breakdown
How is this calculated?Trust Score history
PRIMEXBT currently scores 3.5/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- Holds a FSCA licence
- No unresolved complaints on record
- Listed in our verified broker directory
Cons
- Offshore-only regulation with weaker investor protection
- Trading conditions and fees not publicly disclosed
- Always verify the licence directly before depositing
Regulation
Tier 2 · Mid
Verified
Offshore (tier-3) regulators typically have lower capital requirements and no compensation scheme. Funds may not be protected if the broker fails.
Trading conditions
| Instruments | Foreign exchange, indices, commodities, cryptocurrencies, futures |
| Minimum deposit | Not disclosed |
| Maximum leverage | Not disclosed |
| Typical spread | Not disclosed |
| Platforms | Devices |
| Demo account | Not disclosed |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on PRIMEXBT
Our analysis · editorial
3.5/10
High-risk profile
PRIMEXBT is regulated under a mid-tier authority (FSCA). Based in South Africa, it has been operating for about 4 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 3.5/10 — a high-risk profile.
Strengths
- Holds a recognised mid-tier licence (FSCA)
- No complaints on record with us
- Supports Devices trading
Watch-outs
- Always confirm the licensed entity covers traders in your country
Bottom line: High risk — we would avoid depositing significant funds until its regulation improves.
This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.
User reviews
5 0
4 0
3 0
2 0
1 0
PRIMEXBT — Questions & Answers
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Complaints & alerts
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag PRIMEXBT here if that changes.
Full specifications
Regulated region
South Africa
Operating period
5-10 years
Main market
PK
Licensed entity
PRIMEXBT (AU) PTY LTD
License status
Regulated
Instruments
Foreign exchange, indices, commodities, cryptocurrencies, futures
Year founded
2022
Frequently asked
Is PRIMEXBT a safe broker?
PRIMEXBT scores 3.5 / 10 on our Trust Score, above the 3.3 industry average. It is only offshore-regulated, which means weaker protection. It has no complaints on record. Trade only with funds you can afford to lose.
How is the PRIMEXBT trust score calculated?
The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top. Read our methodology.
What does "offshore regulated" mean?
It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.
Can I withdraw funds easily from PRIMEXBT?
PRIMEXBT doesn't publish detailed withdrawal terms, so we can't verify processing times or fees. Test with a small amount first and document every transaction.