XE Prime Review 2022

XE Prime is a new broker that offers 500+ assets on its proprietary web-based trading terminal.

XE Prime is broker that gives traders access to CFD, Forex, Cryptocurrency and Stocks. Surprisingly, XE Prime does not support either of the enormously popular MetaTrader 4 and MetaTrader 5 platforms.

In terms of features offered to traders, XE Prime has Demo Accounts and Islamic Accounts but is missing Social Trading, Signals and Auto Trading.

XE Prime also gives traders access to 4 cryptocurrencies: BTC, ETH, LTC and XRP.

XE Prime is regulated, but not by the FCA here in the UK. While this is not necessarily an issue, very careful traders might want the extra safety of using an FCA-regulated broker.

XE Prime Summary

XE Prime is a new broker that offers 500+ assets on its proprietary web-based trading terminal.

Ratings

30%
Trust
66%
Instruments
28%
Features
BonusNone
InstrumentsCFD, Forex, Crypto, Stocks
Demo Account
Min. Deposit$50
Min. Trade0.01 lots
Regulated ByVFSC
MetaTrader 4
MetaTrader 5
cTrader
DMA Account
ECN Account
Mobile Apps iOS & Android
Auto Trading
Trade Signals
Social Trading
Copy Trading
Islamic Account

CFD Trading

Trade leveraged CFDs on traditional financial markets

Leverage1:200
FTSE Spread1.3
GBPUSD Spread0.7
Oil Spread0.08
Stocks SpreadVariable

Forex Trading

Speculate on major, minor and exotic currency pairs with sub 1 pip spreads

GBPUSD Spread0.7
EURUSD Spread0.6
EURGBP Spread0.6
Assets44

Cryptocurrency Trading

Trade the largest cryptos by market cap against the US Dollar and Euro

SpreadFloating
CoinsBTC, ETH, LTC, XRP

Payment Methods

XE Prime accepts the following payment methods:

  • Visa
  • Cashu
  • iDeal
  • Giropay
  • Neteller
  • Wire Transfer
  • Perfect Money
  • Skrill
  • Bitcoin Payments
  • Klarna
Risk Warning – Your capital is at risk

FAQ

Is XE Prime Safe?

In our review we gave XE Prime a low trust score of 30%, which means that traders should try things out before they deposit any larger amounts. One of the main negative factors in this low score is that XE Prime is not FCA regulated. Extra careful traders might want to find an alternative in our top list of UK brokers.

Does XE Prime Accept PayPal?

No, XE Prime does not accept PayPal payments. See our list of brokers that accept PayPal for alternatives.

Is XE Prime Halal?

Yes, XE Prime does offer an Islamic trading account and should thus be Halal to trade with.

Is XE Prime Regulated in the UK?

No, XE Prime is unfortunately not regulated by the FCA here in the UK. See our list of FCA regulated brokers for alternatives

Is XE Prime Regulated?

Yes, XE Prime is regulated by VFSC.

The fact that XE Prime is not regulated by our own FCA will be a concern to the most careful traders. See our list of FCA regulated brokers for options.

XE Prime vs Other Brokers

If you want to compare XE Prime with other brokers, use the detailed comparisons below.

XE Prime vs
XE Prime is a new broker that offers 500+ assets on its proprietary web-based trading terminal.