Forex Brokers

Prime Bit (prime-bit.org)

1.4 (10 reviews)
🇦🇺 Australia
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1.4
10 reviews
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About Prime Bit (prime-bit.org)

Prime Bit (prime-bit.org) has been flagged by ASIC (Australia) for "Unlicensed". Phones: +642108040347

Addresses: Sherwood 4075 Queensland Australia This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: prime-bit.org.

Customer Reviews

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Rejected my profitable withdrawal

B
Brooke T.
1 months ago

I signed up with Prime Bit (prime-bit.org) while looking for alternatives to my previous provider and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.

Pros: Copy trading available|Fast deposits|Economic calendar

Cons: No fractional shares|Mobile app could be improved

No demo account that works

C
Charles B.
2 months ago

I have been trying to close my account with Prime Bit (prime-bit.org) for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.

Pros: Dividend tracking|Automated trading options

Cons: Slow to add new assets|Research section could be deeper

Incompetent on every level

E
Emma V.
5 months ago

The so-called education at Prime Bit (prime-bit.org) is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for just over a year thinking they would help me learn.

Pros: Quick verification|No hidden fees|Easy to use platform|Two-factor authentication

Cons: No dark mode on mobile

Joint account not supported

A
Aiden O.
5 months ago

My card was charged twice by Prime Bit (prime-bit.org) on the same day. I had to dispute it with my bank. Prime Bit (prime-bit.org) then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.

Pros: No hidden fees|API access|Educational resources

Cons: Spreads widen during volatile periods

Transfer to another broker refused

E
Ella G.
6 months ago

The hidden fees at Prime Bit (prime-bit.org) are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.

Pros: Fast deposits|Good mobile app

Cons: Slow to add new assets

They need a complete overhaul

M
Marcus J.
6 months ago

What really bothers me about Prime Bit (prime-bit.org) is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them while looking for alternatives to my previous provider and I fell for the polished exterior. Never again.

Pros: No hidden fees|Responsive team|Clean UI

Cons: Limited ETF selection

An insult to paying customers

N
Nora Y.
8 months ago

Prime Bit (prime-bit.org) changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.

Pros: Transparent fees|Risk management tools|Regular updates|Smooth onboarding

Cons: No dark mode on mobile

Server in wrong region high latency

L
Lily M.
8 months ago

After since I retired last year with Prime Bit (prime-bit.org), I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.

Pros: Segregated accounts|Full transparency|Reliable uptime|Regular platform improvements

Cons: Spreads widen during volatile periods|Would like more payment methods

No MT4/MT5 export

R
Robert B.
9 months ago

Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Prime Bit (prime-bit.org) recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.

Pros: Transparent fees|Automated trading options|Demo account available

Cons: Search feature is basic

Regulator has warned about them

O
Oscar J.
10 months ago

The platform at Prime Bit (prime-bit.org) is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After since last summer of dealing with this, I have had enough.

Pros: No hidden fees|Dedicated account manager

Cons: Limited demo account features