LeoPrime Review

โ„น Broker Overview
๐Ÿข Headquarters : Vanuatu
โœ… Regulators : VFSC, FSA
๐Ÿ’ต Minimum Deposit : 10 USD
๐Ÿ’น Leverage : 1:1000
LeoPrime is a forex broker, Regulated - VFSC, FSA Company - Leo Prime Service Limited, To find the more best forex brokers reviews.
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  • LeoPrime has been part of the forex market for over 8 years
  • LeoPrime Allows Credit Card Deposit/Widthdral.
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Description General Information Trading Preference Payment Options Trading Features Trading Instruments Promotion Support Contact Information User Feedback

LeoPrime General Information

๐Ÿ‘ค Broker Name : LeoPrime
๐Ÿฃ Company Name : Leo Prime Service Limited
๐Ÿ“… Foundation Year : 2016
โœ… Regulated by : VFSC, FSA
๐Ÿข Headquarters : Vanuatu
๐Ÿ“‰ Broker Type : ECN/STP

๐Ÿ’ต LeoPrime Minimum Deposit :

10 USD
๐Ÿ’น Maximum Leverage : 1:1000
๐Ÿ’ฑ Base Currency : USD, EUR & More

Our LeoPrime Review

LeoPrime Overview: What You Must Know About the Vanuatu Based Brokerage Firm?

LeoPrime Reviews

Established in the year 2017, LeoPrime is a relatively new broker in the industry that has gained a great deal of popularity owing to its services and offerings. Based in Seychelles in Vanuatu, it is essentially and STP/ECN broker with offices in Majuro, Mahe, and Port Vila. The broker offers a wide range of financial instruments for trading, including Cryptocurrencies, Forex currencies, Indices, Energies, and Metals. Continue reading to find a comprehensive LeoPrime review and also determine how safe it is to trade with the broker.

LeoPrime Trading Conditions and Platform

One of the advantages of trading with LeoPrime is that traders get access to the industry-recognized MetaTrader 4 or an MT4 platform. The user-friendly, featured-packed, and dynamic platform is ideal for trading and can be easily accessed through Web, Desktop, Windows and MAC devices. In addition to this, LeoPrime also makes MT4 available to its users through mobile apps and iOS and Android devices.

Trading Platform

Aside to offering the best platform for trading, the broker also enables its users to set up a demo account before going live. LeoPrime further provides traders with 3 distinct account options including the Classic account that requires them to make a 10 USD minimum deposit with spreads starting with 1.6. Apart from this, the broker also provides an ECN account with USD 1000 minimum deposit and a Cryptocurrency account that requires traders to deposit a minimum of 50 USD with leverage of 1:3. Their leverage, however, is on the higher side i.e. around 1: 1000. It is highly recommended that only traders with a high level of experience should consider trading with such high leverage.

Deposit and Withdrawal Methods

LeoPrime offers multiple methods of deposit and withdrawal to its clients. Typically, brokers can deposit as well as withdraw funds through:

  • Bank wire transfer
  • Debit/Credit Cards
  • Neteller
  • Skrill
  • Perfect Money
  • Fasapay
  • Bitcoin

While deposits through Bank Wire Transfers may take anywhere between 2-5 days for the funds to be credited into the traderโ€™s account, deposits made through other e-payment methods are credited instantly. Withdrawals, on the other hand, are processed through the same methods mentioned above and are credited into the clientโ€™s account within 24 hours.

Regulations

As far as regulations are concerned, the LeoPrime does not offer much clarity on this. Their website suggests that the firm is based in Vanuatu and is subjected to the regulatory policies of the VFSC. But, we donโ€™t have much knowledge or information about VFSC and hence we can confirm that trading with the broker would be risky.

The reputed regulatory authorities like the CySec and the FCA require the brokers to comply with numerous stringent rules & regulations that ensure the safety of tradersโ€™ funds. Additionally, they also require a broker to maintain client funds in segregated accounts, which is not the case with LeoPrime.

Conclusion

Overall, we can say that LeoPrime is not a regulated broker and hence cannot be easily relied upon. But, the broker does offer a gamut of financial instruments for trading along with the industry recommended MT4 platform for trading. Their spreads for the Classic trading account are higher than the average, and they offer a very high leverage, which can easily put your funds at risk, especially if you are not a professional trader.

Trading Preference

๐Ÿ’ฐ Minimum Spreads : 0.1 pip
๐ŸŽฎ Demo Account :
๐Ÿ“’ Mini Account :
โœจ VIP Account :
๐Ÿ“’ Segregated Account :
โ˜ช๏ธ Islamic Account :
๐Ÿ“’ Managed Account :

Payment Options

๐Ÿ’ณ Deposit Methods : Wire Transfer, Credit Card, Debit Card, Perfect Money, Neteller, Skrill, Union Pay, Local Bank Transfer, Bitcoin
๐Ÿ’ณ Withdrawal Methods : Wire Transfer, Neteller, Skrill, Union Pay, Perfect Money, Local Bank Transfer

Trading Features

๐Ÿ“Š Trading Platforms : MetaTrader 4
๐Ÿ’ฐ Fixed Spreads : 0.1 pip
๐Ÿ“ˆ Hedging :
๐Ÿ“ˆ Scalping :
๐Ÿ“ฑ Mobile Trading :
๐Ÿ’ป Web Trading :
๐Ÿ“ฐ Trading News :

Promotion

๐ŸŽ No Deposit Bonus :
๐ŸŽ Deposit Bonus :
๐Ÿš€ Other's Promotion :

Get Latest LeoPrime Promotion

Contact Information

๐ŸŒ Website : www.leoprime.com
๐Ÿ“ง E-mail : [email protected]
โ˜Ž๏ธ Telephone : +44 20380 85868
๐Ÿ“ฎ Address : Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960.

User Feedback

1 Review

Add Your Review
  1. Abhishek singh kushwaha

    It does not had given my withdrwal of 610$ since seven days my account number was 5570105 so guys dont trust it is the big group of scammer

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