Loyal Primus Forex Broker

Loyal Primus Review SummaryFounded2023Registered Country/RegionSaint Vincent and the GrenadinesRegulationASICMarket InstrumentsFutures, Metals, Commodities, ForexDemo Account❌LeverageUp to 1:2000SpreadFrom 0.6 pipsTrading PlatformMT5, MT4, Loyal Primus APPMinimum Deposit$15Bonus✅Customer SupportContact formTel: +971 54 389 2863Email: support@loyalprimus.netSocial media: Instagram, YouTube, Twitter, Facebook, LinkedIn, TikTok Loyal Primus was registered in 2023 in Saint Vincent and the Grenadines, specializing in the futures, metals, commodities, and forex market. This company is well regulated in Australia, and it provides various channels for customer support. However, it only offers a single type of account, with a minimum deposit of $15 and a maximum leverage of 1:2000.Pros and ConsPros Cons Regulated wellHigh leverage ratioLow minimum depositNo demo accountsMT4 and MT5 supportedLimited types of account choicesMultiple channels for customer supportNo commission feesPromotion and bonus offeredIs Loyal Primus Legit? Loyal Primus is regulated by the Australia Securities and Investment Commission (ASIC). Besides, its domain status shows that it is active.Regulated AuthorityCurrent StatusLicensed EntityRegulated CountryLicense TypeLicense No.Australia Securities and Investment Commission (ASIC)RegulatedLOYAL PRIMUS GLOBAL PTY LTDAustraliaAppointed Representative001310112What Can I Trade on Loyal Primus? Loyal Primus offers several types of products, including futures, metals, commodities, and forex.Tradable Instruments Supported Forex✔Futures✔Metals✔Commodities✔Indices❌Stocks❌Cryptos❌Bonds❌Options❌ETFs❌Account Type & Fees Loyal Primus provides one type of account: Standard Account. Besides, it does not mention whether a free demo account is available or not.Account TypeMinimum DepositMaximum LeverageSpreadCommissionStandard$151:2000From 0.6 pips❌Leverage The leverage can be up to 1:2000, which is relatively high. Traders need to consider carefully before investing, since high leverage is likely to bring high potential risks.Trading Platform Loyal Primus supports the commonly used platforms including MT4 and MT5. Moreover, it also supports its own trading platform, which is available on mobile devices.Trading PlatformSupported Available Devices Suitable forMT4✔PC, web, mobile, macBeginnersMT5✔PC, web, mobile, macExperienced tradersLoyal Primus APP✔Mobile/Promotion & Bonus Loyal Primus has trading promotions, including a welcome bonus of $30 and loyalty points which can be earned and used to exchange for commodities.