The STP PRO minimum deposit for choosing Loyal Primus forex broker investment is 25000 USD, with a MetaTrader minimum Spread of 1.0
Number of new users
--
The proportion of funding
6 months
The loyal primus minimum deposit is a crucial aspect for traders looking to start their trading journey with this broker. For the standard account, the minimum deposit is set at $15, while the standard pro account requires a minimum of $100. Additionally, there is a demo account that allows traders to practice without any deposit requirement.
Account Type | Minimum Deposit | Leverage | Spread Type |
---|---|---|---|
Standard Account | $15 | Up to 500:1 | From 0.6 pips |
Standard Pro Account | $100 | Up to 1000:1 | From 0.6 pips |
Demo Account | $0 | Up to 500:1 | From 0.6 pips |
Low Entry Barrier: The low minimum deposit of $15 for the standard account allows beginners to start trading without significant financial commitment.
Access to Multiple Account Types: Traders can choose between a standard account, a standard pro account, or a demo account, catering to various trading styles and experience levels.
Potential for High Leverage: With leverage options up to 1000:1 for the pro account, traders can control larger positions with a smaller amount of capital.
Demo Account Availability: The option to open a demo account with no deposit requirement enables traders to practice strategies without risking real money.
Commission-Free Trading: All accounts offer commission-free trading, which can enhance profitability for traders.
Limited Information on Funding: There is insufficient information available regarding deposit and withdrawal methods on the loyal primus website, which can be a deterrent for potential clients.
High Minimum for Pro Account: The $100 minimum deposit for the standard pro account may be a barrier for some traders who wish to take advantage of higher leverage.
Lack of Regulation: As loyal primus operates without regulation from major financial authorities, this may increase the perceived risk for traders.
Potential Withdrawal Issues: User reviews indicate that traders have faced difficulties with withdrawals, raising concerns about the reliability of the platform.
Currently, loyal primus does not provide services to residents of certain countries, including the United States, North Korea, and Syria. This restriction may affect potential clients from these regions.
In comparison to other brokers, loyal primus's minimum deposit of $15 is competitive. For example, many brokers require a minimum deposit of $100 or more, making loyal primus an attractive option for new traders looking to start with a smaller investment.
Loyal Primus offers several deposit methods to cater to the diverse needs of its clients. The available deposit options include:
Loyal Primus primarily supports USD for deposits. It is advisable to check the specific requirements for other currencies, as they may vary.
For traders looking for speed and convenience, credit/debit cards and e-wallets are recommended due to their instant processing times. Bank transfers, while secure, may slow down the process for those needing immediate access to funds.
To deposit funds into your loyal primus account, follow these steps:
If you are using the mobile app, the deposit steps are similar:
Once the deposit is completed, funds are typically credited to your trading account instantly for credit/debit card and e-wallet transactions. However, bank transfers may take 1-3 business days to reflect in your account.
This guide aims to provide comprehensive information about the loyal primus minimum deposit, deposit methods, and the loyal primus deposit process, ensuring that traders have the necessary knowledge to navigate their trading journey effectively. Always check the official website for the most current information and updates.