Where do you get your prices for currencies?
We act as an STP broker to ensure fast order execution and excellent liquidity for traders. As an STP broker, we receive quotes from a large pool (12) of liquidity providers and automatically arbitrage between them to offer the best currently available prices. Thus, the pricings for Cryptocurrencies provided on PrimeXBT will vary in accordance with the pricings across the exchanges from which liquidity is aggregated. CFD and FX feed come from a partner company (feed aggregator) which sources liquidity from multiple providers such as prime brokers, banks etc.

Negative Balance Protection
As a reputable platform PrimeXBT always aims to provide the best possible conditions for our clients. As a precautionary measure to ensure maximum reliability and safeguard our clients from various unpredictable market factors, we offer Negative Balance Protection via our insurance fund. Negative Balance Protection insures that, should trading account balance become negative, it will be restored to 0.

4.10. You agree that PrimeXBT is the only execution venue in relation to your Transaction, Orders and other trading activity under this Agreement. Although we may transmit your Orders for execution to third-party liquidity providers, contractually we are the sole counterparty to your Transactions.

2.2. Leveraged products are traded off-exchange (or Over-the-Counter (‘OTC’)); this means PrimeXBT is at all times the counterparty to the Client trades and any trades entered into with the Company, can only be closed with us. Your ability to open and/or close trades is dependent on the availability of our service.

9.1. You acknowledge that PrimeXBT may act as a Market Maker for certain leveraged products. You acknowledge that PrimeXBT, when acting as a Market Maker, may quote you bid and ask prices.