LeoPrime
Published: Updated:
- Trust score
- 4/10
- Legal simplicity
- 4/10
- Min. deposit
- 10
- Regulations
- Instruments
- Forex, Metals, Indices, Energies, Cryptocurrencies
- Legal entity
- Leo Prime Services Ltd
- Jurisdiction
- Seychelles
- Fees
- Cent, Standard and ECN accounts differ in pricing, with ECN quoting raw spreads against a per-lot commission. Overnight swaps apply, and swap-free accounts are available on request.
- Withdrawals
- Withdrawals return to the funding method and are normally processed within one business day, with e-wallet payouts arriving fastest.
- Available in
Features
- Seminars and training
- Low minimum deposit
- Copy trading
- Islamic accounts
- Deposit bonus
- ECN accounts
- Scalping
- Affiliate program
- Wide range of trading instruments
Pros
- No notable advantages are documented for this broker.
Cons
- No notable drawbacks are documented for this broker.
LeoPrime is a forex and CFD broker founded in 2017 in Vanuatu, later expanding to Seychelles in 2024. It operates through three entities: an unregulated Marshall Islands entity, a Seychelles entity regulated by the SFSA, and a Vanuatu entity regulated by the VFSC. The broker supports MT4 and MT5, with leverage up to 1:1000.
LeoPrime offers ECN, Pro, Classic, and Cent accounts, copy trading, scalping, Islamic accounts, deposit bonuses, and a $10 minimum deposit.
Company overview
LeoPrime is a forex and CFD broker founded in 2017 in Vanuatu, later expanding its presence to Seychelles in 2024.
Regulatory oversight
LeoPrime operates through three separate entities:
- LeoPrime MH: registered in the Marshall Islands, with no regulatory oversight.
- LeoPrime SEY: based in Seychelles, regulated by the Seychelles Financial Services Authority (SFSA).
- LeoPrime VU: based in Vanuatu, regulated by the Vanuatu Financial Services Commission (VFSC).
Leverage
As a non-EU broker, LeoPrime offers leverage of up to 1:1000.
Account types
Classic
- Minimum deposit: $10
- Leverage: up to 1:1000
- Average spread: 1.6 pips
- Commission: none
Pro
- Minimum deposit: $1,000
- Leverage: up to 1:500
- Average spread: 0.3 pips
- Commission: $3 per lot
ECN
- Minimum deposit: $2,000
- Leverage: up to 1:200
- Average spread: 0.1 pips
- Commission: $6 per lot
Cent
- Minimum deposit: $10
- Leverage: up to 1:1000
- Average spread: 1.6 pips
An Islamic account option is also available, with no swap charges, for traders following Sharia principles.
Trading platforms
LeoPrime supports MetaTrader 4 and MetaTrader 5. Traders who deposit $1,000 or more qualify for a free VPS (virtual private server).
Tradable instruments
- Forex currency pairs
- CFDs on global stock indices
- Individual stocks
- Commodities
- Precious metals
Deposits and withdrawals
The minimum deposit is $10. Funding methods include international bank transfer, debit and credit cards, and digital payment systems such as Perfect Money, FasaPay, WebMoney, UnionPay, and BTC. LeoPrime charges no withdrawal fee and no inactivity fee.
Additional features
- Base currency: USD
- Maximum leverage: 1:1000
- EUR/USD spread: 1.6 pips
- Demo account: available
- Islamic accounts: available
- Segregated accounts: available
- PAMM accounts: not offered
- Affiliate program: available
- Scalping: supported
- Automated trading: supported
- Mobile trading: available
- Web terminal: accessible
- Social trading: supported
- Trading signals: provided
- VPS: offered for qualifying deposits
- Deposit bonuses: available
- Contests: offered
- Customer support: 24/5
Verdict
LeoPrime is regulated by the VFSC and the SFSA, though its Marshall Islands entity operates without oversight. The broker offers STP and ECN execution across four account types, leverage up to 1:1000, and a $10 minimum deposit, which suits traders who prioritize high leverage and low entry costs but should weigh the unregulated offshore entity before signing up.
Trading conditions
LeoPrime offers Cent, Standard and ECN accounts on MetaTrader 4 and 5. The Cent account holds balances in cents and allows very small position sizes, which makes it usable for trading a strategy live before committing normal capital.
Leverage is high, and hedging, scalping and Expert Advisors are permitted without restriction.
The group has operated entities in Vanuatu and Seychelles. Both are offshore regimes: capital and audit requirements exist, but no leverage cap, no client classification and no compensation scheme.
Verification
Verification requires photo ID and a proof of address, normally reviewed within one business day and required before the first withdrawal.
Neither operating jurisdiction provides an investor compensation scheme, so segregation and the firm's own solvency are the protections. For a small broker without a long public record that argues for a deliberately sized account rather than a home for a trader's main capital.
