Buy and Hold or Trade with Leverage

Buy and Hold or Trade with Leverage

Join millions of users, from beginners to professionals, who use PrimeXBT to purchase crypto, trade, and manage their investments in a smarter way. Trade global markets including Cryptocurrencies, Stock Indices, Stocks, Commodities and Forex from your device. Copy other traders fully automatically with a free account and over 1,000 tradable assets.

Forex Trading

Forex Trading

Explore the world’s foreign exchange markets and trade some of the strongest and most recognisable currencies from countries like the US, UK, Australia and Canada. Buy, sell and trade the Dollar, the Pound, the Yen, the Euro and others.

Access the Forex market with PrimeXBT and our award-winning platform.Trade the World’s most liquid market and look for opportunities in every currency pair. Benefit from a fully customizable layout, over 50 technical indicators, and ability to trade directly from charts. Trade both long and short, and enjoy lightning-fast order execution.

The foreign exchange market is the most highly traded and liquid market in existence and features the trading of the national currencies of the world’s superpowers. These countries have an important impact on the global economic climate, and their currency values correlate with the environment and political factors, making forex a prime market for traders.

Discover unlimited opportunities in the global forex market. It takes only 40 seconds to sign up and access all available currency pairs on PrimeXBT platform.

Copy best traders and get same returns. New to trading? Choose and automatically copy the best performing traders and get same returns! Experienced? Allow others to copy you and get 20% of all profits earned for your followers! Learn about Copy-trading.

PrimeXBT offers the World’s most highly traded forex currencies, including USD, GBP, JPY, EUR, CAD as well as less popular ones, such as TRY, NZD, HKD, and many more. By paying close attention to chart patterns and technical indicators, traders can easily analyse forex market trends and improve their trading results. The forex market is very popular for professional traders who know its opportunities, but it is an equally good place to start a trading journey.

Discover unlimited opportunities in the global forex market. It takes only 40 seconds to sign up and access all available currency pairs on PrimeXBT platform. Become a better trader with built-in charting software that helps to perform technical analysis quickly and efficiently. Take advantage of the professional tools offered on PrimeXBT platform.

Save as much of the profits from your trading as possible with PrimeXBT, which offers some of the lowest commission rates in the industry.

Cryptocurrency Trading

Cryptocurrency Trading

With PrimeXBT you can buy, sell, and trade a variety of different cryptocurrencies such as Bitcoin, Litecoin, Ethereum, and more.

Access the global cryptocurrency marketplace in minutes, trade the most popular crypto-assets and tokens, and benefit from our award-winning platform to improve your trading results.

Build professional cryptocurrency trading strategies with easy-to-use, customizable charting software with over 50 technical indicators. Enjoy deep liquidity and execute trades using our powerful trading engine that has an average order execution speed of less than 7.12ms.

PrimeXBT provides a solid trading infrastructure, reliable software and a user-friendly interface with advanced traditional trading tools for the cryptocurrency space. Trade long and short positions on Bitcoin, Ethereum, EOS, Litecoin and more.

Trading cryptocurrencies can be a highly profitable experience. Due to the speculative nature of the asset class, the price of digital assets can be highly volatile and fluctuate greatly within certain timeframes. It’s not uncommon to see cryptocurrencies rise and fall as much as 20% in a single day or from week to week.

Traders choose cryptocurrencies because of higher volatility and increased potential profits on successful trades. PrimeXBT offers Bitcoin, Ethereum, EOS, and Litecoin – the most popular and liquid cryptocurrencies in the market. Traders can protect their positions against extreme market volatility by using protection orders, and have peace of mind while trading on a secure platform.

Trading CFDs on Stocks

Trading CFDs on Stocks

Try trading CFDs on Stocks with a Top Rated Broker and leading Social Investing platform. Trade the most popular stocks like TSLA, AMZN, GOOGL, and many others. Enjoy the low fees and tight spreads on all assets.

Stay on top of the market with our high-speed order processing. Trade on the go with PrimeXBT mobile apps for iOS and Android devices. Discover other investors on PrimeXBT and copy their traders.

A stock is a type of security, that allows an investor to own a part of a company with the right to vote on management issues and to receive profit based on the results of the corporate work. A stock CFD is the contract-for-difference of a specific stock that allows traders to speculate the direction of the stock price and open a position accordingly, long/buy position if they believe the price will rise, short/sell position if the speculation is that the price will fall.

Stock Indices Trading

Stock Indices Trading

Trade indices like the S&P 500, the NASDAQ 100, NIKKEI 225, TSX, ASX 200 and many more. Open long and short positions in order to profit from the both rising and falling markets. Build a successful stock indices trading strategy, and take advantage of PrimeXBTs award-winning platform to improve your trading results.

PrimeXBT provides a solid trading infrastructure, reliable software and a user-friendly interface to trade global stock indices. Enjoy low fees and tight spreads while building a diversified portfolio of all available trading products.

Stock indices provide a simple but effective way to trade overall economic performance of a specific country. Stock indices can fluctuate significantly in price due to various technical and fundamental factors, and PrimeXBT enables traders to profit from both falling and rising markets with an array of different trading tools and charting software.

Stock indices CFD contracts allow traders a more quick and efficient access to the global markets, at a lower cost. By paying close attention to global economic events and chart patterns, traders can analyse market trends and execute profitable trading strategies. Trading stock indices is something that a major hedge fund manager can do, as well as a beginner in the trading space.

Be a part of some of the largest and most-popular markets with PrimeXBT. Start trading in S&P 500, NASDAQ, NIKKEI, HANG SENG, ASX 200, and many more, in minutes!

Become a better trader with advanced tools, multiple order types, and customisable platform interface. PrimeXBT provides an award-winning trading software that is used by traders from around the world. Save on fees while trading with PrimeXBT, which offers some of the lowest commission rates in the industry.

Commodities Trading

Commodities Trading

Become a part of the global commodities marketplace quickly and easily. Trade the most popular commodities, such as Natural Gas, Crude Oil, Gold, Silver, and access some of the World’s most important and well-established markets. Avoid having to physically handle and store commodities, and benefit from the digital nature of commodity CFD trades.

Build professional commodities trading strategies with PrimeXBT’s customizable charting software that provides a wide range of technical indicators. Trade long and short, hedge your positions with our award-winning platform, and benefit from instant order execution using our powerful trading engine.

Commodities trading can now be done entirely digitally through PrimeXBT and its CFDs, rather than physical trading of commodities like Natural Gas, Oil or Gold. This allows traders to gain exposure to a particular commodities market without physically handling gold bars, oil barrels, etc. Traditionally, the futures market has been the most direct way to trade commodities. Futures contracts are agreements to Buy or Sell a commodity at a predetermined price and at a specified time in the future, and they generally demand a larger allocation of capital compared to CFD’s offered at PrimeXBT.

PrimeXBT offers traders a more quick and efficient way to access the commodities market and speculate on price movements - instead of actually owning them. Commodity CFD positions can be traded long and short, which allows traders to grow their capital regardless of which way the market is moving. PrimeXBT offers easy-to-use yet powerful trading tools including integrated chart widgets, multi-monitor functionality, and customizable trading interface. This is beneficial for professionals and beginners alike.

Be a part of some of the largest and most-popular markets online with PrimeXBT. Start trading in Gold, Oil, and Natural Gas in less than a minute!

Trade directly from charts, benefit from multiple order types and enjoy the highest level of security. PrimeXBT offers an award-winning trading software that has been recognized by traders from around the world. Benefit from low commissions and tight spreads, which are important for both professional traders and beginners alike.

What is Copy Trading?

What is Copy Trading?

Copy trading is a form of investment that involves copying the trades of other traders. One of the simplest ways to take advantage of market opportunity is by copying the best traders. Copy trading allows you to automatically copy the traits that more experienced traders make, without having to analyze the market yourself.

Some traders use this as a way to “earn while they learn”, as navigating the markets can be difficult for new traders. On the other hand, there are some traders that use copy trading because of the lack of time to commit to the market. Either way, copy trading can be a useful tool.

In copy trading, the only research you need to do is to find a profitable trader on a copy trading platform. Most platforms offer a simple way to filter through the trading results of experienced traders, making it easy to find the one that best fits your trading style and risk tolerance.

When a trader that you follow opens a trade, the copy trading platform opens the same trade on your account, automatically. You may also choose how much of your capital you want to allocate to a trader, as well as your total risks per trade.

For example, if a trader opens a buying position on gold with 5% of his trading account size, the same trade would appear in your trading account. You may limit the risk per trade to any level you want in case you’re more risk-averse than the trader you follow.

Copy trading is a universal concept that works in all financial markets. Whether you want to trade Forex, cryptocurrencies, metals, commodities, or stocks, you can do so with copy trading.

PrimeXBT is an award-winning broker and copy trading provider that welcomes traders of all experience levels. The broker’s Copy Trading module allows you not only to follow the most successful traders but also to learn and gain experience along the way.

Copy trading with PrimeXBT is quick, easy, and requires no prior trading experience. All you have to do is open a live account, choose a profitable trader, and you’re ready to go. There is also a powerful filter option that shows the total profit of each trader, the total AUM, and the number of followers, which helps narrow your search for successful traders.

PrimeXBT provides access to a wide range of markets for copy trading, including Forex, cryptocurrencies, stock indices, and commodities. And if you’re on the go, you can use PrimeXBT’s mobile app to access your trading account and monitor your trades – anywhere, anytime.

FAQ: Frequently Asked Questions

Is copy trading a good idea?

Copy trading is ideal for traders who don’t have the time to trade on their own, who don’t have the necessary experience to trade profitably, or who simply want to learn and gain experience while copying some of the most successful traders on the market.

Is copy trading illegal?

In most countries, copy trading is fully legal.

Is copy trading good for beginners?

Copy trading is ideal for beginners. It allows traders without trading experience to follow profitable traders and learn best trading practices along the way.

How much can you make from copy trading?

Your copy trading profits depend on the performance of the traders you follow. Many traders have achieved triple-digit-percentage profits.

Is copy trading really profitable?

When following the right traders, copy trading can be extremely profitable. There are many professional traders with multiple years of trading experience who have mastered the skill of trading and risk management. Following those traders can have a significant impact on your bottom line.

Does copy trading really work?

If you’re following a trader who has a long-term track record of good trades, you’ll probably do well.

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BONUS Simple Forex Trading Strategies for Beginners

Opening Range Breakout Trading Strategy

Breakouts are one of the most common trading strategies. They involve identifying a key price level you expect the price to break through, and then buying or selling at that price in order to take advantage. Generally breakouts are used when the market is already near the extreme high or low of the recent past. When the market is trending and moving strongly in one direction, breakout trading ensures that you never miss the move.

One breakout strategy is the European Opening Range. This strategy typically focuses on EURUSD (Euro/U.S. Dollar), although it could be applied to any of the European majors.

While the Forex Market is open for 24-hours a day (Sunday evening through Friday evening ET), market activity in a given pair is not necessarily consistent throughout.

FX market is typically divided into 4 major sessions (times adjusted for Eastern Time):

Simple Forex Trading Strategies for Beginners



Trading the European Opening Range has three steps:
  1. First, you identify the high and low during the half hour just prior to the London open (2:30-3am ET).
  2. Look for a breakout of this range +/- 10 pips, or 1/10th of the daily Average True Range (ATR), to maintain above/below this level for 10-15 minutes. This is an attempt to detect a direction of the ‘flow’ for the remainder of the day.
  3. Finally, you attempt to manage this bullish or bearish bias by focusing on 1-, 2- or 5-minute charts and utilizing a combination of moving averages (13-sma, 144-ema & 169-ema) along with oscillators (RSI, Stochastics & CCI).

Other factors to include are major news announcements (usually in efforts of avoidance) as well as the time of day (when major markets open/close, option expirations, fixings, etc). If the Average True Range is achieved earlier in the week, the likelihood of it occurring twice in the same week is dramatically reduced. If this does occur, it’s typically in opposing directions.

As a currency trader, when volatility begins to pick up you usually want to be trading, not sitting on the sidelines. As a result, if this strategy has yet to achieve the Average True Range target on Monday, Tuesday or Wednesday of a particular week, then it may be sensible to pay close attention to this tactic on Thursday and Friday. Conversely, if the ATR is reached earlier in the week it may be prudent to be on the lookout for potential market failures in the latter half of the week as they could be the marking of a false break and/or possible outright reversal.

Noteworthy times to be aware of:

Simple Forex Trading Strategies for Beginners



Ideally, if price is struggling near these events (typically spotted by a bullish/bearish divergence with an oscillator), then it might be prudent to reduce the position size ahead of time. This type of approach may help to minimize the emotional aspect to trading, since there’s an identifiable area to know where you’re wrong (the opposite side of the breakout’s high/low).

Here’s an example: EUR/USD (2 minute chart)

Simple Forex Trading Strategies for Beginners



In the above example, EUR/USD made an important low during the 2:30-3:00am ET timeframe (which was preceded by an RSI bullish divergence with price) and shot higher shortly thereafter. EURUSD appeared comfortable above the 2-minute 144/169-EMA’s, while the 13-period SMA remained above the EMA’s, and RSI continued to find support into the key 40/45 zone. Consequently, there was no reason to divert from the intraday bullish bias.

As highlighted earlier, another factor to keep in mind is the time of day –in the FX market, most London traders tend to close their positions between 11:00 am and noon ET, while traders in New York close between 4-5pm ET. Accordingly, price will often see a final end-of-day push, followed by profit-taking (typically spotted by a bullish/bearish divergence with an oscillator) near these times of the day.

You’ll note that just after 11am ET EUR/USD pushed higher once again to finally reach the intraday Average True Range target of 1.2927, which was then followed by a bearish divergence with the RSI oscillator just ahead of 12pm ET.

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