LeoPrime-Some Important Points about This Broker
abstrak： 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 However, its regulatory licenses have been revoked.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 | |
| 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 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 However, its regulatory licenses have been revoked.
Pros and Cons
| Pros | Cons |
| Various trading instruments | Revoked 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Financial Services Authority (FSA) and the Vanuatu Financial Services Commission (VFSC), but both licenses have been revoked.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 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 |
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 Instruments | Supported |
| Forex | ✔ |
| Spot metals | ✔ |
| Energies | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
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 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 | ❌ |
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 Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Windows, macOS, Web, iOS, Android | Beginners |
| MT5 | ❌ | / | Experienced traders |
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.
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