PrimeXBT
has rolled out platform updates that tighten gold spreads and increase leverage
limits across its trading services, responding to what the company says is
growing client demand for better trading conditions.
PrimeXBT Tightens Gold
Spreads, Raises Leverage Amid Market Volatility
The Saint
Lucia-based broker, which serves over one million traders globally, has
narrowed gold spreads to 20-25 points on both MetaTrader 5 and its proprietary
PXTrader platform. The company says these tighter spreads will hold even during
volatile market sessions, addressing a common complaint among precious metals
traders who often face widening spreads during peak trading hours.
PrimeXBT also bumped
up leverage across multiple asset classes. Bitcoin futures now offer up to 200x
leverage, while smaller altcoin positions can access up to 150x leverage.
Traditional assets like gold, silver, major forex pairs and key stock indices
also received higher leverage bands, particularly for larger position sizes.
For
PrimeXBT, this is another
product update following the addition of over 100 new trading instruments
to MT5 in early July, including 57 new FX pairs. In the meantime, the company
also launched
stock trading on the MetaQuotes’ platform.
Other Updates
The broker
made several operational tweaks as well. Traders using MetaTrader 5 can now
open multiple accounts per currency, making it easier to separate different
trading strategies or risk profiles. The Crypto Futures platform added
bracketed stop-loss and take-profit orders for new positions in hedge mode,
while also displaying estimated liquidation levels directly on price charts.
Perhaps
most notably for risk management , PrimeXBT cut the stop-out level on PXTrader
from 100% to 50%. This gives traders more breathing room before their positions
get automatically closed during market turbulence.
The company
said “many of these updates were made in direct response to trader
feedback” and emphasized its “ongoing commitment to empowering
traders with the tools, insights, and flexibility they need to succeed in
today’s evolving landscape.”
PrimeXBT
operates across 150 countries and offers trading in CFDs on stocks, indices,
commodities and cryptocurrencies , plus crypto futures and forex. The platform
also provides cryptocurrency buying, selling and storage services within the
same interface.
The updates
went live across all three platforms, MetaTrader 5, PXTrader and Crypto Futures,
as of Monday.
PrimeXBT
has rolled out platform updates that tighten gold spreads and increase leverage
limits across its trading services, responding to what the company says is
growing client demand for better trading conditions.
PrimeXBT Tightens Gold
Spreads, Raises Leverage Amid Market Volatility
The Saint
Lucia-based broker, which serves over one million traders globally, has
narrowed gold spreads to 20-25 points on both MetaTrader 5 and its proprietary
PXTrader platform. The company says these tighter spreads will hold even during
volatile market sessions, addressing a common complaint among precious metals
traders who often face widening spreads during peak trading hours.
PrimeXBT also bumped
up leverage across multiple asset classes. Bitcoin futures now offer up to 200x
leverage, while smaller altcoin positions can access up to 150x leverage.
Traditional assets like gold, silver, major forex pairs and key stock indices
also received higher leverage bands, particularly for larger position sizes.
For
PrimeXBT, this is another
product update following the addition of over 100 new trading instruments
to MT5 in early July, including 57 new FX pairs. In the meantime, the company
also launched
stock trading on the MetaQuotes’ platform.
Other Updates
The broker
made several operational tweaks as well. Traders using MetaTrader 5 can now
open multiple accounts per currency, making it easier to separate different
trading strategies or risk profiles. The Crypto Futures platform added
bracketed stop-loss and take-profit orders for new positions in hedge mode,
while also displaying estimated liquidation levels directly on price charts.
Perhaps
most notably for risk management , PrimeXBT cut the stop-out level on PXTrader
from 100% to 50%. This gives traders more breathing room before their positions
get automatically closed during market turbulence.
The company
said “many of these updates were made in direct response to trader
feedback” and emphasized its “ongoing commitment to empowering
traders with the tools, insights, and flexibility they need to succeed in
today’s evolving landscape.”
PrimeXBT
operates across 150 countries and offers trading in CFDs on stocks, indices,
commodities and cryptocurrencies , plus crypto futures and forex. The platform
also provides cryptocurrency buying, selling and storage services within the
same interface.
The updates
went live across all three platforms, MetaTrader 5, PXTrader and Crypto Futures,
as of Monday.
This post is originally published on FINANCEMAGNATES.
