PrimeXBT launches MT5 Cent Account for beginners and risk‑conscious traders

PrimeXBT, a cryptocurrency derivatives broker, has announced the launch of a new MetaTrader 5 Cent Account designed to attract beginners and risk‑conscious traders.

The Cent Account allows users to open positions with a lower minimum balance and reduced leverage compared with PrimeXBT’s standard account. The platform’s goal is to provide a more accessible entry point for traders who prefer tighter risk limits.

PrimeXBT’s offering is part of the firm’s broader strategy to expand its user base in a market that has seen rapid growth in crypto‑based contracts. The broker provides contracts on a wide range of assets, including cryptocurrencies, forex, indices and commodities, all accessible through the MT5 trading platform.

The new account type is available to all registered PrimeXBT users and is intended to complement the existing standard and professional account tiers. While the platform does not disclose specific leverage ratios for the Cent Account, it emphasizes lower margin requirements and tighter risk controls.

PrimeXBT’s leadership said the Cent Account would help attract new traders who are cautious about exposure while still allowing them to trade the same instruments available in the broker’s other account types.

The launch comes amid heightened regulatory scrutiny of crypto derivatives, with regulators urging firms to provide clear risk disclosures and suitable products for retail investors. PrimeXBT has stated that it complies with applicable regulatory requirements in the jurisdictions where it operates.

The Cent Account is expected to be available to traders worldwide, subject to local regulatory approvals. The broker will monitor usage and adjust account parameters as needed to meet market demand and regulatory expectations.

PrimeXBT’s move reflects a broader trend among crypto‑derivatives platforms to diversify product offerings and cater to a wider range of risk profiles in a rapidly evolving market.