Leo Forex Broker

LeoPrime Review SummaryFounded1997Registered Country/RegionHong KongRegulationFSA/VFSC (Revoked)Market InstrumentsForex, spot metals, energies, indices, and stocksDemo Account✅LeverageUp to 1:1000SpreadFrom 1.6 pips (Classic account)Trading PlatformMT4Minimum Deposit$10Customer SupportContact formPhone: +971 (0) 444 700 23Email: support@leoprime.comLeoPrime 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 However, its regulatory licenses have been revoked.Pros and ConsProsConsVarious trading instrumentsRevoked regulationDemo accounts availableLow minimum depositIs LeoPrime Legit?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Financial Services Authority (FSA) and the Vanuatu Financial Services Commission (VFSC), but both licenses have been revoked.Regulatory StatusRegulated byLicensed InstitutionLicensed TypeLicensed NumberRevokedSeychelles Financial Services Authority (FSA)LEO PRIME SERVICES LIMITEDRetail Forex LicenseSD032RevokedVanuatu Financial Services Commission (VFSC)LEO PRIME SERVICES LIMITEDRetail Forex License40322What Can I Trade on LeoPrime? Leo Prime offers a total of five types of trading instruments: forex, spot metals, energies, indices, and stocks.Tradable InstrumentsSupportedForex✔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 TypeMinimum DepositMaximum LeverageSpread Commission Swap-FreeClassic$101:1000From 1.6 pips$0✔Pro$1,0001:500From 0.3 pips$3 per lot❌ECN$2,0001:200From 0.1 pips$6 per lot✔Cent$101:1000From 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 PlatformSupportedAvailable DevicesSuitable forMT4✔Windows, macOS, Web, iOS, AndroidBeginnersMT5❌/Experienced tradersDeposit 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.