Will an iphone 5 work well with virgin mobile?

My parents can't afford to buy me a phone with a contract plan. They bought me a tracfone and i have to pay for minutes. I just recently got my first job and i finally have enough to upgrade. I'm looking at getting virgin mobile and buying an iphone 5. Will having Virgin mobile reduce the ability of the iphone?

The phone itself no… But virgin is slow
so if your on Wi-Fi and mainly txt itll do fine

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