PrimeXBT

Answer: How should I tell you... If you didn't know, the primary direction of PrimeXBT is crypto futures and they position themselves as a crypto exchange. Nevertheless, they also provide traditional financial instruments for trading but I hardly believe the conditions on the forex market would be better in comparison to standard forex brokers. So yeah, you can trade on the forex market here but you better expect nothing special here but I can definitely say the trading on crypto futures is much better than on other crypto exchanges in my opinion.

Answer: You can hardly find a platform, or a broker that can satisfy the need of ALL traders This is actually how brokers are deciding on its concept and targeting specific traders, in terms of trading strategies, or level of experience or something else. Anyway, if we talk about a platform that caters to most traders, PrimeXBT is a frontrunner. You know this is the first platform that provides excellent trading conditions on both markets: the traditional markets like forex, shares, commodities and more, and the digital markets like cryptocurrencies and crypto derivatives. So, yeah, in this regard, PrimeXBT is doing an excellent job. The trading terms are generally fine, but a small drawback is that trading here is only available on its custom trading platform.

Answer: When it's about liquidity then you will understand it by the tightness of spreads, because the market gets denser, there are many buyers and sellers. You can also use volumes analysis, there are special liquidity zones where are many buyers and sellers. Plus, you can also check relative strength index, that indicates if the asset is oversold or overbought. In general, there are many methods and all of them can be applied at primexbt, actually.

Answer: Makers add liquidity to the market with limit orders. They pay lower fees but may wait longer for orders to fill. For PrimeXBT, they pay 0.01% fee.T Akers seek instant trades, paying higher fees for market orders. So you get a transaction pretty much immediately, but pay a bit more for it. For PrimeXBT, you pay 0,02% (still freaking cheap as hell, if you ask anyone). Makers provide liquidity to the market, takers take liquidity off the market. Hence the names.

Answer: For crypto it is amazing, there is pretty much zero spread and they take a small trading fee of 0.05% (so a 20'th of a percent). Even with the smallest, tightest trades, you cant notice it exists. Definitely cheaper than trading on a chain, with gas fees on UNI not to mention regular fees. Here you can even buy crypto straight through them, so dont need to transfer in and transfer out. 1 platform = 3 gas fees avoided. If they even had 0.1% fees, its still way smaller than even 1 crypto transfer. So yeah, its hella worth. However, I see most PrimeXBT reviews here mentioning forex, and im not as well-versed in that, and dont trade it here, but the spread there seems to be higher, its not in hundredth of a percentages anymore. Im looking at most pairs right now in their platform and seeing it fluctuate at around 5-7 pips on most pairs. Some of these pairs, like USDCHF, seem to be 2-3 pips, some others higher. So pretty much the same conditions as any top broker.