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 are typically processed in under 20 minutes.

Quick Comparison

LHFX vs PrimeXBT at a glance.

LHFX vs PrimeXBT: commission, minimum deposit, spreads, leverage, platforms, instruments, execution, regulation, withdrawal speed and swap-free accounts
FeatureLHFXPrimeXBT
Commission$3 per sideSpread-only on forex CFDs, fees built into pricing
Minimum Deposit$10$5 (or 0.00005 BTC equivalent)
SpreadsFrom 0.0 pipsFrom 0.2 pips on EURUSD CFD
LeverageUp to 1:500Up to 1:1000 on forex, 1:500 on crypto
PlatformsMT5PXTrader 2.0 (proprietary), MT5, mobile
Instruments144 (41 forex pairs)200+ (99 forex pairs, crypto futures, indices, commodities)
ExecutionSTP/ECNSTP
RegulationFSC Mauritius (GB23202204), FSCA South Africa (FSP 52816)FSCA South Africa, FSC Mauritius, FSA Seychelles SD162
Crypto Deposits and WithdrawalsYes, BTC, ETH, USDT and othersYes, BTC, ETH, USDT and USDC
Islamic AccountYes, swap-free with holding fee after grace periodExtended 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 144 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

Withdrawals typically under 20 minutes

LHFX auto-payouts are typically processed in under 20 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 typically processed in under 20 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 or card and place your first trade on MT5 or LHFX Trade.

Frequently Asked Questions

Is LHFX cheaper than PrimeXBT?

For active forex traders, yes. LHFX charges $3 per side on raw spreads from 0.0 pips, so the total cost on a EURUSD lot is around $6 round-turn. PrimeXBT bundles its cost into a spread starting around 0.2 pips on EURUSD, which works out to roughly $9 per lot in pure spread terms before any markups.

Does PrimeXBT offer MT5 like LHFX?

Yes, PrimeXBT added MetaTrader 5 to its lineup, but its main platform is the proprietary PXTrader 2.0. LHFX is built around MT5 as a direct MetaQuotes licensee, so MT5 is the primary surface rather than a secondary option.

Which broker is better for crypto traders?

PrimeXBT was built crypto-first and offers perpetual futures, copy trading and 100+ payment methods including stablecoins. LHFX supports BTC, ETH and USDT as deposit and withdrawal rails, but treats crypto as funding rather than a primary trading product.

Which is more regulated, LHFX or PrimeXBT?

Both hold offshore retail licences. LHFX is regulated by the FSC of Mauritius under licence GB23202204 and the FSCA of South Africa under FSP 52816. PrimeXBT is regulated in South Africa, Mauritius and Seychelles. Neither holds top-tier UK FCA or EU CySEC licences for retail forex CFDs.

Can I trade forex on PrimeXBT with the same leverage as crypto?

PrimeXBT offers higher headline leverage on forex than LHFX, up to 1:1000 versus our 1:500. However, for most retail forex strategies 1:500 is more than enough, and the gap between $3 fixed commission and PrimeXBT's spread-only pricing is usually a bigger cost factor than the leverage cap.

Ready to Try LHFX?

$10 minimum deposit. $3 per side commission. MT5 platform. 1:500 leverage. Withdrawals typically under 20 minutes.