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LeoPrime-Some Important Points about This Broker

WikiFX | 2025-06-06 18:22

Abstract:  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 However, its regulatory licenses have been revoked.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 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 However, its regulatory licenses have been revoked.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Financial Services Authority (FSA) and the Vanuatu Financial Services Commission (VFSC), but both licenses have been revoked.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
MT4✔Windows, 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

Related broker

No Regulation
leo
Company name:Leo Inc Limited
Score
1.69
Website:https://www.leoprime.com
5-10 years | Suspicious Regulatory License | Self-developed | Suspicious biz area
Score
1.69

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