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Score
Hong Kong
2-5 yearsSuspicious Regulatory License
MT5 Full License
Regional Brokers
High potential risk
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Comparison
Quantity 9
Exposure
Score
Regulatory Index0.00
Business Index6.63
Risk Management Index0.00
Software Index7.94
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
Danger
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Company Name
Kato Prime Limited
Company Abbreviation
Kato Prime
Platform registered country and region
Hong Kong
Company website
Company summary
Pyramid scheme complaint
Expose
Scem kato prime to me
On December 26, 2021, at 18:00 WITA, as usual, I traded with my previous balance. I tried wd but I cancelled it because the process took too long. Then, I traded with the chf pair because I saw the 0 spread. I traded it until I made a profit of $172,000. My account was suddenly blocked next morning, citing an error of chf pair. After I complained, I got the answer that the error provider chf pair instead my balance was deducted from $143 to $62.
Do not withdraw and ask for some unreasonable requirements and deduct us fof more than 30k US dollars. Fraud platofrm. I cannot provide those orders. Even I provide it, they reject it. I provided 10 legit orders and they are all rejected.
I received a NDB of 50 dollars, and I have already made a profit of 100 dollars. But when I tried to withdraw, my account was immediately suspended.
Longest and Bad Witdrawal Experience Another broker only few second or Working days this broker very2 slow although on working days
Unable to withdraw. The platform closes it. I hope someone can tell me if this platform is a scam. The platform does not withdraw. I hope all traders must not be deceived. I have tens of thousands of dollars on their platform. After submitting all kinds of information, they still don’t wihdraw. Customer service has various difficulties. I have a real evaluation and report it. I hope all trading friends can see my evaluation and provide some help to get the principal back or provide some places to report their platform. If you can help, please Return the principal must be thankful
When registering on this platform, like other platforms, you can pass the review after submitting the information, but as long as you deposit money and withdraw money after making a profit, the documents you submit will be directly rejected for you, making you unable to withdraw money. Let you submit various documents, and continue to refuse after submitting, in short, you will not be allowed to withdraw money
can't finish it even though I tried many times.. after asking support to finish it but they just gave reasons repeatedly.. the reason for the registration failed.
Kato PrimeReview Summary | |
Founded | 2021-01-06 |
Registered Country/Region | Hong Kong |
Regulation | Unregulated |
Market Instruments | Forex/Commodities/Stocks/Cryptocurrency/Indices/ETFs/CDFs |
Demo Account | ✅ |
Leverage | Up to 1:3003 |
Spread | As low as 0 pips |
Trading Platform | MT4/MT5(Desktop) |
Min Deposit | $15 |
Customer Support | Email: support@katoprime.com |
Contact No.: +85 223618699 | |
Facebook/Instagram | |
24/7 Livechat |
Kato Prime is a brokerage company specializing in online investment and trading services. The tradable instruments include forex, commodities, stocks, cryptocurrency, indices, and more. The broker also provides three live accounts with a maximum leverage of 1:3003. The minimum spread is as low as 0 pips and the minimum deposit is $15. Kato Prime is still risky due to its unregulated status and high leverage.
Pros | Cons |
MT4/MT5 available | Unregulated |
24/7 Livechat | High max leverage |
Various tradable instruments | Some Negative comments: unable to withdraw |
Spread as low as 0 pips | |
Demo account available |
Kato Prime is not regulated, making it less safe than a regulated one.
Kato Prime offers various market instruments, including forex, commodities, stocks, cryptocurrency, ETFs, CDFs, and indices.
Tradable Instruments | Supported |
Forex | ✔ |
Commodities | ✔ |
Stocks | ✔ |
Cryptocurrency | ✔ |
Indices | ✔ |
ETFs | ✔ |
CDFs | ✔ |
Kato Prime has three live account types: Standard, Pro, and Pro “Zero”. Traders who prefer 0 spreads and do not mind commissions can choose to open a Pro “Zero” account. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.
Account Type | Standard | Pro | Pro “Zero” |
Minimum Deposit | $15 | $50 | $50 |
Spreads | Low | Low | As low as 0 |
Leverage | 1:3003 | - | - |
Commission | No | - | From $8 |
The spread starts from 0 pips and the commission is from 0. The lower the spread, the faster the liquidity.
The maximum leverage is 1:3003 meaning that profits and losses are magnified 3003 times.
Traders can conduct financial activities in MT4 and MT5, which are available on the desktop. Junior traders prefer MT4 over MT5. Both MT4 and MT5 provide various trading strategies and implement EA systems. (The MT4 platform focuses on the Forex and CFD markets, while the MT5 platform deals with the Forex, Futures, Stocks, Bonds, and Options markets.)
Trading Platform | Supported | Available Devices | Suitable for |
MT4 | ✔ | Desktop | Junior traders |
MT5 | ✔ | Desktop | Experienced traders |
The first deposit amount must be $15 or above. Kato Prime accepts VISA, master cards, AwePay, and more deposits and withdrawals.
In this article, we'll look in-depth at Kato Prime, examining its key features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service.
In today's article, WikiFX will explore Kato Prime in depth, examining its features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service to help you decide whether to use this platform. Keep reading to find out more!
Kato Prime is an online forex broker. WikiFX recently receives a bunch of complaints as some investors feel irritated by Kato Prime. It seems that this broker has problem of withdrawal rejection. We wonder if this broker can be reliable. Therefore, in this article, WikiFX intends to show you a comprehensive review about this broker based on the specific information, regulation, exposure, etc.
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