Dsdaq vs PrimeXBT

Dsdaq or PrimeXBT – which is better for UK traders 2024? Compare Dsdaq and PrimeXBT in this detailed breakdown of their platforms, features and fees.

Dsdaq vs PrimeXBT Comparison Table 2024
Dsdaq PrimeXBT
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0.5
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4.1
Dsdaq is ranked #110 among UK brokers. PrimeXBT is ranked #30 among CFD brokers.
Dsdaq has closed or no longer accepts UK clients.
Dsdaq specialises in crypto trading through its accessible mobile app & low deposit.
PrimeXBT is a multi-asset platform offering highly leveraged trading in forex, indices, commodities and cryptocurrencies. The company launched in 2018 and now has over 1 million users from more than 150 countries. With no minimum deposit, copy trading features and low commissions, the broker remains a popular option among crypto trading novices.
Pros
  • The web platform and app were built for technical traders with advanced charting features, a customizable layout and multiple order types including one-cancels-the-other (OCO).
  • Maker and taker fees of at 0.01% and 0.02%, respectively, for crypto futures contracts are highly competitive within the industry.
  • Ultra-fast execution speeds, averaging 7.12ms, make PrimeXBT an excellent option for traders looking to secure the best prices in volatile markets.
  • 24/7 customer support, available via live chat, proved excellent during testing, while the extensive help centre is perfect for self-help.
  • PrimeXBT has added fresh opportunities with new tokens for exchanging and funding, including 1Inch, Aave, and Injective.
Cons
  • Despite improvements, the selection of around 100+ instruments still seriously trails competitors, notably OKX with its 400+ assets.
  • While common in the crypto industry, PrimeXBT lacks authorization from a trusted regulator, seriously elevating the risk for retail traders.
  • The lack of integration with established platforms like MT4 will be limiting for traders familiar with the world’s most popular forex trading software.
Awards
  • Best Crypto Trading App
  • Best Platform For Margin Trading
  • Most Trusted Crypto Asset Trading Platform
  • Best Crypto And Forex Broker
FCA Regulated
No No

List of FCA Regulated Brokers

Instruments
Cryptocurrencies, forex, indices, commodities, ETFs CFDs, Cryptos, Forex, Indices, Commodities, Futures
Demo Account
Yes Yes
Minimum Deposit
0.001 BTC/BCH/LTC $0
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Mobile Apps
Yes iOS & Android
iOS App Rating
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Android App Rating
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Margin Trading
No Yes
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Auto Trading
Yes Yes
Copy Trading
No Yes
Copy Trading Platform
PrimeXBT offers a decent copy trading service where traders can follow the strategies of other users with free and paid-for signals. Once you have found a suitable strategy provider, you simply need to hit ‘follow’ to get started.
Social Trading
No Yes
Trade Signals
No
VPS Hosting
No No
Tournaments
No Yes
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0
Islamic Account
No No
Account Currencies
  • USD
  • EUR
  • GBP
Commodities
  • Gold
  • Silver
  • Gold
  • Oil
  • Silver
  • Natural Gas
  • Copper
  • Zinc
CFD
PrimeXBT offers CFDs across four asset classes with very high leverage up to 1:1000. Beginners can also take advantage of the broker’s useful technical analysis guides and CFD education, plus 24/7 in-platform support via live chat.
Leverage
1:1000
FTSE Spread
Variable
GBPUSD Spread<
Variable
Oil Spread
Variable
Stocks Spread
Variable
Forex
Trade on a modest collection of FX pairs. PrimeXBT offers forex trading on over 50 majors, minors and exotics with margin opportunities and zero commissions. The forex platform is fast, reliable and feature-rich based on our latest tests with 3 charts, 10 timeframes, and 91 technical studies - ideal for active trading strategies.
Assets
7 45+
GBPUSD Spread
5.5 Variable
EURUSD Spread
2.5 0.1
EURGBP Spread
N/A Variable
Cryptocurrency
Trade on a collection of crypto cross pairs with up to 1:100 leverage. Traders can speculate on popular cryptos with commissions as low as 0.05% and high leverage up to 1:200. Additionally, the broker continues to improve its offering by introducing crypto futures as well as trading contests with real prizes.
Spread
Floating 0.05% BTC, 0.05% ETH
Coins
  • BCH
  • BTC
  • EOS
  • ETC
  • ETH
  • LTC
  • XRP
  • TRX
  • BTC
  • LTC
  • ETH
  • XRP
  • EOS
  • ADA
  • DOT
  • SOL
  • UNI
  • LINK
  • DOGE
  • BNB
  • ICP
  • SAND
  • more
Crypto Lending
No No
Crypto Mining
Yes No
Crypto Staking
No No
Auto Market Maker
No No
Dsdaq PrimeXBT
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