LeoPrime Review

LeoPrime Logo

LeoPrime is an offshore broker that offers a wide range of trading services and a user-friendly trading environment for both retail and institutional clientele across the globe. The broker offers forex and CFD trading services in a modest selection of financial instruments, including forex currency pairs, precious metals, energies, indices, and cryptocurrency, via the popular MetaTrader 4 platform. They provide some useful market analysis tools, flexible account types, and multiple funding options.

LeoPrime Review - Trading Instruments
LeoPrime Review – Trading Instruments

LeoPrime Platforms & Tools

LeoPrime provides clients with the widely popular MetaTrader 4 (MT4) platform, which is used by millions of traders across the globe. The platform is the gold standard for trading forex and CFDs, and it comes with advanced tools for performing market analysis, placing different types of orders, and implementing automated trading using expert advisors (EAs).

LeoPrime Review - MetaTrader 4 Platform
LeoPrime Review – MetaTrader 4 Platform

MT4 is available as installable applications for computers and laptops, as well as mobile trading apps for iOS and Android devices that can be downloaded from the relevant app stores. There is also a WebTrader version of the platform that runs directly on modern web browsers, such as Chrome, Firefox, Safari, and Edge, without the need to download and install any additional software.

LeoPrime Review - Client Sentiment
LeoPrime Review – Client Sentiment

In addition to the tools available in the MT4 platform, the broker provides other helpful trading tools, such as Economic Calendar, Forex Calculator, Client Sentiment, and VPS Hosting.

LeoPrime Research & Education

The broker provides a detailed market analysis of some selected trading instruments on their website. The analysis comes with annotated charts and descriptions.

LeoPrime Trading Accounts

LeoPrime offers a choice of three live trading accounts to different traders’ requirements, and the required minimum deposit starts from $10. These are account types:

  • Cent Account: Denominated in cents, the account requires a minimum deposit of $10. The minimum lot size is 0.01 lots, while the maximum leverage is 1:1000
  • Classic Account: The initial deposit is $10, and the maximum leverage is 1:1000. Spreads start from 1.6 pips, but there is no commission.
  • ECN Account: The minimum deposit is $1,000, and there is a leverage of up to 1:200. Spreads start from 0 pips and a commission of $6 per standard lot is charged. Swap-free Islamic account is available in this account type.

There are demo accounts for those who want to practice their strategies in a risk-free environment. The demo accounts expire in 30 days.

LeoPrime Account Funding

LeoPrime accepts different account funding and withdrawal methods, such as wire transfer, credit/debit cards, Neteller, Skrill, Perfect Money, Bitcoin, Fasapay, and WebMoney. Transaction fees and processing time vary with the payment method used, and some methods may not be available to all countries.

LeoPrime Customer Service

You can contact the broker’s customer support team via phone, email, and live chat. They are available 24/5 and can communicate in 10 different languages.

LeoPrime Regulation

LeoPrime is the trading brand of Leo Prime Services Limited, which is registered in Seychelles with securities Dealers License number SD032 and regulated by the Seychelles Financial Service Authority (FSA). Leo Prime Service Limited is also registered in the Marshall Islands and regulated in accordance with Marshall Islands Business Corporation Act.

LeoPrime Review Summary

LeoPrime is an offshore broker that offers a decent range of forex pairs and other assets for trading via the MT4 platform. They provide clients with a selection of helpful trading tools.

LeoPrime

6.3

Spreads

6.5/10

Liquidity

6.5/10

Commissions

6.5/10

Support

7.0/10

Regulation

5.0/10

Features

  • The MT4 platform
  • Some helpful trading tools
  • A decent range of trading instruments