PrimeXBT Alternative: Why Traders Switch to LHFX

PrimeXBT launched in 2018 as a crypto-first platform and added forex CFDs later. If you want a dedicated forex broker on MT5 with $3 per side pricing, the comparison is straightforward.

$3 per side commission, $10 minimum deposit, 1:500 leverage and 41 forex pairs on MetaTrader 5. Crypto deposits supported, withdrawals settle in an average of 13 minutes.

Quick Comparison

LHFX vs PrimeXBT at a glance.

Feature
LHFX
PrimeXBT
Commission
$3 per side
Spread-only on forex CFDs, fees built into pricing
Minimum Deposit
$10
$5 (or 0.00005 BTC equivalent)
Spreads
From 0.0 pips
From 0.2 pips on EURUSD CFD
Leverage
Up to 1:500
Up to 1:1000 on forex, 1:500 on crypto
Platforms
MT5
PXTrader 2.0 (proprietary), MT5, mobile
Instruments
132+ (41 forex pairs)
200+ (99 forex pairs, crypto futures, indices, commodities)
Execution
STP/ECN
STP
Regulation
FSC Mauritius (GB23202204), FSCA South Africa (FSP 52816)
FSCA South Africa, FSC Mauritius, FSA Seychelles SD162
Crypto Deposits and Withdrawals
Yes, BTC, ETH, USDT and others
Yes, BTC, ETH, USDT and USDC
Islamic Account
Yes, swap-free available
Extended swap-free trading on request

Where LHFX Wins

The areas where LHFX offers a clear advantage over PrimeXBT.

01

Transparent $3 per side commission

LHFX charges a flat $3 per side on raw 0.0 pip spreads. PrimeXBT forex CFDs are quoted spread-only starting around 0.2 pips on EURUSD, which means the fee is baked into the price and harder to compare lot-by-lot.

02

MetaTrader 5 first

LHFX is a direct MetaQuotes licensee and runs MT5 as the primary platform with full EA, hedging and scalping support. PrimeXBT leads with its proprietary PXTrader and only added MT5 in 2024.

03

Forex-focused product

LHFX is built around 41 forex pairs and 132+ traditional instruments with STP/ECN execution. PrimeXBT mixes crypto futures, forex CFDs and copy trading into one platform, which adds complexity if you only trade FX.

04

13 minute average withdrawal

LHFX auto-payouts release in an average of 13 minutes. PrimeXBT crypto withdrawals settle on-chain but can require manual review windows on larger amounts.

05

Confirmed swap-free option

Swap-free Islamic accounts are available on request on every LHFX account. PrimeXBT offers extended swap-free windows rather than a fully swap-free account product.

Where PrimeXBT Wins

PrimeXBT has genuine strengths. Here is where they come out ahead.

Higher headline leverage

PrimeXBT advertises up to 1:1000 on forex CFDs and 1:500 on crypto. LHFX caps retail leverage at 1:500 on majors.

Crypto-native product

PrimeXBT was built as a crypto futures venue first and supports perpetual futures, copy trading and 100+ payment methods including major coins and regional wallets. LHFX treats crypto as a funding method rather than a core trading venue.

Native copy trading

PrimeXBT runs an in-house copy trading service that splits profit between follower, signal provider and platform. LHFX does not offer a native copy trading product yet.

More forex pairs

PrimeXBT lists around 99 currency pairs versus 41 at LHFX. If you trade exotic pair combinations regularly, PrimeXBT has the wider quote list.

Who Should Choose LHFX

  • You want a forex broker built around MetaTrader 5, not a crypto platform that added forex later
  • You want a transparent $3 per side commission instead of spread-only forex pricing
  • You want STP/ECN execution from a direct MetaQuotes licensee
  • You want auto-payouts in an average of 13 minutes alongside crypto rails
  • You want a confirmed swap-free Islamic account on every account type
Open an LHFX Account

Who Should Stick with PrimeXBT

  • You trade crypto perpetual futures as your main product, not forex
  • You want leverage above 1:500 on majors
  • You want native copy trading inside the same platform
  • You prefer a proprietary all-in-one web platform over MT5
  • You want exotic forex pairs beyond the LHFX list of 41

Making the Switch

Moving from PrimeXBT to LHFX takes minutes, not days.

1

Open an LHFX Account

$10 minimum deposit. Registration takes about 2 minutes.

2

Verify Your Identity

Upload a government-issued ID. Most verifications complete within a few hours.

3

Fund and Start Trading

Deposit via crypto, Skrill, or Neteller and place your first trade on MT5 or LHFX Trade.

Frequently Asked Questions

Ready to Try LHFX?

$10 minimum deposit. $3 per side commission. MT5 platform. 1:500 leverage. 13 minute average withdrawal.