Home -
MorsPrime -

Score

1.48 /10
Danger

MorsPrime

Seychelles

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://morsprime.com

Add brokers

Comparison

Quantity 1

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.74

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

More

Company Name

MorsPrime

Company Abbreviation

MorsPrime

Platform registered country and region

Seychelles

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Exposure

1 pieces of exposure in total
Pyramid scheme complaint
Expose
MorsPrime · Company summary

Note: MorsPrime's official website: https://MorsPrime.com is currently inaccessible normally.

MorsPrime Review Summary
Founded/
Registered Country/RegionSeychelles
RegulationUnregulated
Market InstrumentsForex
Demo Account/
Leverage1:100
EUR/USD SpreadFrom 0 pips (Standard account)
Trading PlatformWeb-based
Min Deposit$10
Customer SupportEmail: support@morsprime.com

MorsPrime is a relatively new broker registered in Seychelles, claiming to offer more than 120 currency pairs with leverage up to 1:100 and spread from 0 pips on the Standard account via a web-based platform. The minimum deposit is just $10.

MorsPrime

Pros and Cons

Pros Cons
Various currency pairsInaccessible website
Multiple account typesUnregulated
Flexible leverage ratiosLimited tradable asset classes
Low minimum depositNo MT4/5
Unknown payment methods
Only email support

Is MorsPrime Legit?

No. MorsPrime has no regulations currently. Please be aware of the risk!

No license

Account Type

Account TypeMin Deposit
Standard$10
ECN Pro$10
ECN Prime$5,000

Leverage

Account TypeMax Leverage
Standard1:100
ECN Pro1:500
ECN Prime1:500

It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spread

Account TypeSpread
StandardFrom 0 pips
ECN ProFrom 0.1 pips
ECN PrimeFrom 2.5 pips

Trading Platform

Trading PlatformSupported Available Devices Suitable for
Web-based✔Web/
MT4❌/Beginners
MT5❌/Experienced traders

User Reviews

More

User comment

2

Comments

Write a review

FX1348425287
more than one year
Their standard account has a low deposit threshold, making it very accessible to beginners. The platform is user-friendly and the leverage is flexible, making it easy to manage risk. I am also looking forward to switching to their ECN account, which has even tighter spreads. Overall, MorsPrime is a great choice for anyone looking for a reliable and user-friendly trading platform.
Their standard account has a low deposit threshold, making it very accessible to beginners. The platform is user-friendly and the leverage is flexible, making it easy to manage risk. I am also looking forward to switching to their ECN account, which has even tighter spreads. Overall, MorsPrime is a great choice for anyone looking for a reliable and user-friendly trading platform.
Translate to English
2023-03-21 18:28
Reply
0
0
sherry
more than one year
They have very little market knowledge, little to no trading skills, they are unregulated, and they have absolutely no interpersonal skills or the ability to communicate with clients. Avoid at all costs: This is the most obvious market scam.
They have very little market knowledge, little to no trading skills, they are unregulated, and they have absolutely no interpersonal skills or the ability to communicate with clients. Avoid at all costs: This is the most obvious market scam.
Translate to English
2023-03-03 17:14
Reply
0
0
1