Score

2.25 /10
Danger

Leo

Hong Kong

5-10 years

Suspicious Regulatory License

MT4 Full License

Regional Brokers

Vanuatu Retail Forex License Revoked

High potential risk

C

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Comparison

Quantity 7

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.59

Risk Management Index0.00

Software Index8.42

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
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Licenses

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

Single Core

1G

40G

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Regulatory disclosure

Danger

ID BAPPEBTI
2022-02-02
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Broker Information

More

Company Name

Leo Inc Limited

Company Abbreviation

Leo

Platform registered country and region

Hong Kong

Company website

X

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Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 7
Previous Detection : 2025-06-17
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 6 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
    Sources
    Leo · Company summary
    LeoPrime Review Summary
    Founded1997
    Registered Country/RegionHong Kong
    RegulationFSA/VFSC (Revoked)
    Market InstrumentsForex, spot metals, energies, indices, and stocks
    Demo Account
    LeverageUp to 1:1000
    SpreadFrom 1.6 pips (Classic account)
    Trading PlatformMT4
    Minimum Deposit$10
    Customer SupportContact form
    Phone: +971 (0) 444 700 23
    Email: support@leoprime.com

    LeoPrime Information

    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 However, its regulatory licenses have been revoked.

    LeoPrime's homepage

    Pros and Cons

    ProsCons
    Various trading instrumentsRevoked regulation
    Demo accounts available
    Low minimum deposit

    Is LeoPrime Legit?

    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 StatusRegulated byLicensed InstitutionLicensed TypeLicensed Number
    RevokedSeychelles Financial Services Authority (FSA)LEO PRIME SERVICES LIMITEDRetail Forex LicenseSD032
    RevokedVanuatu Financial Services Commission (VFSC)LEO PRIME SERVICES LIMITEDRetail Forex License40322
    Revoked FSA license
    Revoked VFSC license

    What Can I Trade on LeoPrime?

    Leo Prime offers a total of five types of trading instruments: forex, spot metals, energies, indices, and stocks.

    Tradable InstrumentsSupported
    Forex
    Spot metals
    Energies
    Indices
    Stocks
    Cryptocurrencies
    Bonds
    Options
    ETFs
    What Can I Trade on LeoPrime?

    Account Type

    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 TypeMinimum DepositMaximum LeverageSpread Commission Swap-Free
    Classic$101:1000From 1.6 pips$0
    Pro$1,0001:500From 0.3 pips$3 per lot
    ECN$2,0001:200From 0.1 pips$6 per lot
    Cent$101:1000From 1.6 pips$0
    Account comparison

    Leverage

    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.

    Trading Platform

    Leo Prime offers the MT4 trading platform, which is suitable for beginners.

    Trading PlatformSupportedAvailable DevicesSuitable for
    MT4Windows, macOS, Web, iOS, AndroidBeginners
    MT5/Experienced traders
    MT4

    Deposit and Withdrawal

    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.

    Deposit
    Withdrawal

    News

    ExposureRed Flag !! LeoPrime Does Not Pay Salary

    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.

    WikiFX
    2023-05-29 17:33
    Red Flag !! LeoPrime Does Not Pay Salary

    NewsCan We Trust LeoPrime?

    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.

    WikiFX
    2023-05-29 16:51
    Can We Trust LeoPrime?

    NewsWikiFX Review: Something about LeoPrime- If you didn’t know, now you know.

    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.

    WikiFX
    2022-06-09 16:30
    WikiFX Review: Something about LeoPrime- If you didn’t know, now you know.

    NewsWikiFX report: LeoPrime’s Third Quarter Trading Volume Increases by Over 200% to $5.2 Billion

    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.

    WikiFX
    2022-04-01 19:44
    WikiFX report: LeoPrime’s Third Quarter Trading Volume Increases by Over 200% to $5.2 Billion

    User Reviews

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    User comment

    14

    Comments

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    FX1079319478
    3-6months
    This broker is 100% scamer withdrawal all your fund
    This broker is 100% scamer withdrawal all your fund
    Translate to English
    2024-12-18 19:15
    Reply
    0
    0
    Rozak
    more than one year
    don't try this broker, it's better for you to find another broker, THIS BROKER IS A SCAM, LOVE YOUR CAPITAL, THEY ARE FISHING WITH THEIR PROMOS, AND WILL NOT RETURN YOUR CAPITAL AND PROFIT
    don't try this broker, it's better for you to find another broker, THIS BROKER IS A SCAM, LOVE YOUR CAPITAL, THEY ARE FISHING WITH THEIR PROMOS, AND WILL NOT RETURN YOUR CAPITAL AND PROFIT
    Translate to English
    2023-04-06 18:12
    Reply
    0
    0
    7