MorsPrime Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-09 21:01

Abstract：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.

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

MorsPrime Review Summary
Founded	/
Registered Country/Region	Seychelles
Regulation	Unregulated
Market Instruments	Forex
Demo Account	/
Leverage	1:100
EUR/USD Spread	From 0 pips (Standard account)
Trading Platform	Web-based
Min Deposit	$10
Customer Support	Email: 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.

Pros and Cons

Pros	Cons
Various currency pairs	Inaccessible website
Multiple account types	Unregulated
Flexible leverage ratios	Limited tradable asset classes
Low minimum deposit	No MT4/5
	Unknown payment methods
	Only email support

Is MorsPrime Legit?

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

Account Type

Account Type	Min Deposit
Standard	$10
ECN Pro	$10
ECN Prime	$5,000

Leverage

Account Type	Max Leverage
Standard	1:100
ECN Pro	1:500
ECN Prime	1:500

　　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.