MorsPrime-Overview of Minimum Deposit, Spreads & Leverage
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.
Spread
| Account Type | Spread |
| Standard | From 0 pips |
| ECN Pro | From 0.1 pips |
| ECN Prime | From 2.5 pips |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Web-based | ✔ | Web | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
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