MorsPrime-Overview of Minimum Deposit, Spreads & Leverage

Official Website Unavailable

The broker's official website does not work, and the information is not available on other websites as well, thus, clients only take a poorly-conceived browse.

In addition, if clients would like to know something detailed, please try to visit the official website, although it is likely that it does not work. Besides, the official website is as follows: https://morsprime.com/

General Information

MorsPrime is an emerging broker offering over 120 currency pairs and claiming to offer Ultra-fast execution with super-low spreads, besides, the broker was registered in Seychelles with no more than 2 years of experience in business, it has not provided any office location info as well as the regulation details.

Market Instruments

After struggling our way to search the other websites, only to get the information that MorsPrime provides the clients with Forex at low cost.

Accounts & Leverage

There are three different accounts including Standard Account, ECN Pro Account, ECN Prime Account with various requirements and trading conditions, the minimum amount varies between $1 and $5,000, for instance, the Standard Account set a limit to the minimum deposit for $10, and the same goes for the ECN Pro, for the ECN Prime Account, clients are required to deposit the minimum amount of $5,000, in addition, the clients could enjoys the leverage of 1:100 for the Standard Account, and the leverage for the other account is capped at 1:500.

Spreads & Commissions

The spread is various in light of the types of account, for instance, the spread for the Standard Account is form 0 pips, and others are 0.1 pips, and 2.5 pips respectively. Moreover, there is not any information about commissions mentioned.

Trading Platform

Clients are allowed to apply on a web-based trading platform that supports multiple time frames, charts, and some of the most popular drawing tools and price indicators.

Deposit & Withdrawal

The same goes for commissions, MorsPrime does not elaborate on the payment methods they accept.

Customer Support

We could not get relevant information about the phone number of the company due to failing to visit the official website, if so desired, please e-mail at support@morsprime.com.

Risk Warning

Trading in leveraged financial instruments carries a high level of risk, including the risk of losing your entire invested capital, and may not be suitable for all investors. The high leverage and volatility of such instruments can work against you as well as for you. Before you decide to trade, you should carefully consider your investment objectives, level of experience, and risk appetite. Wherever in doubt, you should consult and receive advice from independent experts, including legal, tax, and financial advisers.