Cryptocurrency

PrimeBit - MT5 Crypto Account

About the MT5 Crypto account of Bitcoin, Ethereum, Litecoin, USDT (MetaTrader 5, Web Trader/ECN) offered by PrimeBit.

Type and Conditions

Financial Broker Broker	3.0 rating 3/5 0 Official Site Sign Up Detail
Trading Platforms Platforms	MT5 Web Trader
Rating Traders Rating	3.0 rating 3/5 0
Tradable Instruments Instruments	Bitcoin Ethereum Litecoin USDT
Business Model Business Model	ECN
Execution Type Execution	Exchange execution
Minimum Deposit Min Deposit	$1
Base Currency Options Currencies	BTC USDT
Maximum Leverage Max Lev	200:1
Spread Type Spread	Floating spread
Minimum Spread Min Spread	Trade from 0 pip
Negative Balance Protection NBP	Available
Minimum transaction size Min Order	0.0001 Lots
Maximum transaction size Max Order	Unlimited
Decimal Pricing Decimal	5 Digits
Margin Call % Margin Call	100%
Stop Out % Stop Out	50%
EA (Automated Trading) EAs	Allowed
Scalping Scalping	Allowed
Hedging Hedging	Allowed
News Time Trading News Trading	Allowed
PAMM/MAM PAMM/MAM	Not Allowed
Islamic (Swap Free) Swap Free	Not Available
Interest on Margin Interest	None

General Trading Conditions

By opening an MT5 Crypto account with PrimeBit, you can trade Bitcoin, Ethereum, Litecoin, USDT through MetaTrader 5, Web Trader trading platform.

Mainly PrimeBit MT5 Crypto account offers ECN execution model, the maximum leverage is 1:200, spread is Floating from 0.0 pips.

Available Base Currencies

The account bsse currency is only available in BTC, USDT.

Negative Balance Protection

PrimeBit adopts NBP(Negative Balance Protection), this means that you will not lose more than you deposit in your Forex & CFDs investment.

Margin call & Stop out

In the MT5 Crypto account, Margin call is 100% and Stop out is set to 50%, so all your positions will be automatically closed when the margin level reaches down to 50%.