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Score
Hong Kong
Suspicious Regulatory License
MT4 Full License
Regional Brokers
Vanuatu Retail Forex License Revoked
High potential risk
Influence
Add brokers
Comparison
Quantity 7
Exposure
Score
Regulatory Index0.00
Business Index7.59
Risk Management Index0.00
Software Index8.42
License Index0.00
Single Core
1G
40G
Danger
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Company Name
Leo Inc Limited
Company Abbreviation
Leo
Platform registered country and region
Hong Kong
Company website
X
Company summary
Pyramid scheme complaint
Expose
This broker is 100% scamer withdrawal all your fund
I'm was submit my withdrawal in 5 July and now is already 9 August. I'm still didn't receive and my withdrawal balance. I'm trying to contact the person in charge from LeoPrime and I'm get the answer is just a fake promise and still do nothing. There is almost a month and my withdrawal still under proceed. Careful for this broker you will only able to deposit and won't get your withdrawal in normal 1-3 days.
After my 1 week experience with LeoPrime. I tried to withdraw my deposit from this SCAM broker. I've been waiting for more than 1 month. I also can't get any response from the support team. But my withdrawal is being processed. I can't get any valid answer from them. Sometimes I can contact live support from different emails (when I use my email I can't get any response). He said someone would contact me within a day but no one did. Stay away from this SCAM BROKER if you don't want to lose your deposit. My account number is 5570354.
Received offer with LeoPrime with basic salary 600usd on March..They refuse to paid on 1st month our half month salary. They want to paid on May which is next 2 month. And for April salary also they don't want to paid until now. Reason because our sales target not achieved. Yes, but it will affected only for our commission not salary. We have email, ws asking about our salary but they ignored. We have viral this issue to facebook they ask to delete because they will pay but unfortunately they are just lying. Until now we don't received our April salary also our termination letter.
I have requested a withdraw with Leoprime a month ago and i got no money and no reply from them.
I apply my first withdrawal 7th August 2023 but still not received in my wallet address. several times message live chat message email support but only auto reply that we are working on your issue. but no solution and they are not giving withdrawal. I trap by my friend he refer to me. even my account is fully verified in all the way. and there is no any objection and they do not tell me any reason because they all telephone number are closed and life chat is fully automatic reply and also email support is fully auto reply.
LeoPrime Review Summary | |
Founded | 1997 |
Registered Country/Region | Hong Kong |
Regulation | FSA/VFSC (Revoked) |
Market Instruments | Forex, spot metals, energies, indices, and stocks |
Demo Account | ✅ |
Leverage | Up to 1:1000 |
Spread | From 1.6 pips (Classic account) |
Trading Platform | MT4 |
Minimum Deposit | $10 |
Customer Support | Contact form |
Phone: +971 (0) 444 700 23 | |
Email: support@leoprime.com |
LeoPrime was founded in 1997 and is registered in Hong Kong. It offers five types of trading instruments: forex, spot metals, energies, indices, and stocks. The platform supports MT4 with a maximum leverage of up to 1:1000, a minimum deposit of $10, and provides a free demo account. However, its regulatory licenses have been revoked.
Pros | Cons |
Various trading instruments | Revoked regulation |
Demo accounts available | |
Low minimum deposit |
Leo Prime Services Limited previously regulated by the Seychelles Financial Services Authority (FSA) and the Vanuatu Financial Services Commission (VFSC), but both licenses have been revoked.
Regulatory Status | Regulated by | Licensed Institution | Licensed Type | Licensed Number |
Revoked | Seychelles Financial Services Authority (FSA) | LEO PRIME SERVICES LIMITED | Retail Forex License | SD032 |
Revoked | Vanuatu Financial Services Commission (VFSC) | LEO PRIME SERVICES LIMITED | Retail Forex License | 40322 |
Leo Prime offers a total of five types of trading instruments: forex, spot metals, energies, indices, and stocks.
Tradable Instruments | Supported |
Forex | ✔ |
Spot metals | ✔ |
Energies | ✔ |
Indices | ✔ |
Stocks | ✔ |
Cryptocurrencies | ❌ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
Leo Prime offers four types of live trading accounts: Classic Account, Pro Account, ECN Account, and Cent Account. Additionally, it also provides a free demo account.
Account Type | Minimum Deposit | Maximum Leverage | Spread | Commission | Swap-Free |
Classic | $10 | 1:1000 | From 1.6 pips | $0 | ✔ |
Pro | $1,000 | 1:500 | From 0.3 pips | $3 per lot | ❌ |
ECN | $2,000 | 1:200 | From 0.1 pips | $6 per lot | ✔ |
Cent | $10 | 1:1000 | From 1.6 pips | $0 | ❌ |
Leo Prime offers maximum leverage of up to 1:1000, while the Pro account offers up to 1:500 and the ECN account up to 1:200. Higher leverage can improve profit potential while also increasing risk, therefore appropriate risk management is crucial.
Leo Prime offers the MT4 trading platform, which is suitable for beginners.
Trading Platform | Supported | Available Devices | Suitable for |
MT4 | ✔ | Windows, macOS, Web, iOS, Android | Beginners |
MT5 | ❌ | / | Experienced traders |
Leo Prime has a minimum deposit of $10. The platform offers more than a dozen deposit and withdrawal methods, including international e-payment systems, bank cards, and wire transfers.
Most payment processing fees are covered by Leo Prime, and deposit times are usually instant or within a few business days. Many methods provide instant or same-day transfers.
This article examines the alarming issue of LeoPrime’s failure to pay its employees' salaries and highlights the potential implications of such unethical practices on the credibility and trustworthiness of the company. By understanding the significance of this red flag, forex traders can protect themselves from potential risks and make informed decisions.
In today's article, WikiFX will explore LeoPrime in depth, examining its features, fees, safety measures, deposit and withdrawal options, trading platforms to help you make an informed decision on whether or not to use this platform.
LeoPrime is a multi-asset broker that offers more than 100 trading instruments. Recently this broker has become a trending topic in forex markets. WikiFX made a comprehension review to help you better understand this broker. we will analyze the reliability of this broker from specific information, regulation, exposure, etc. Let’s get into it.
LeoPrime is pleased to announce that during the first three quarters of 2018, the company's global forex trading volume increased by over 200 percent to US$5.2 billion, and the number of clients increased by over 4,100 percent, from 166 clients in 22 countries in Q1 to over 7080 clients in 138 countries by Q3.
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