This LeoPrime review assesses the broker’s offshore trading offering, which includes MetaTrader platforms, high leverage, and multiple account types. While LeoPrime provides ECN trading and crypto funding options, its lack of top-tier regulation may concern conservative investors.

Regulation and Safety

LeoPrime is operated by Glastrox Trade Ltd and registered in the Seychelles:

• FSA Seychelles: License No. SD032

As a Seychelles-licensed broker, LeoPrime is not subject to oversight from top-tier regulators like the FCA, ASIC, or CySEC. No compensation scheme is available, and investor protection is limited.

Execution Model and Trading Platforms

LeoPrime operates a No Dealing Desk (NDD) model with ECN and STP account options. Supported platforms include:

• MetaTrader 4 (MT4)
• MetaTrader 5 (MT5)
• Mobile and WebTrader access for both MT4/MT5

VPS hosting is available, and advanced users can request FIX API access.

Markets and Instruments

LeoPrime offers access to over 100 financial instruments:

• Forex: 50+ currency pairs
• Metals: Gold, silver
• Indices: US30, NAS100, GER30, etc.
• Cryptocurrencies: BTC, ETH, LTC, XRP
• Commodities: Crude oil, natural gas

No access to individual shares or ETFs is provided.

Accounts, Spreads and Leverage

LeoPrime offers four main account types:

• Classic: No commission, spreads from 1.6 pips
• ECN: Spreads from 0.1 pips, $6/lot commission
• Pro: Raw spreads, $5/lot commission, lower spreads
• Cent: Micro lot trading for beginners

Maximum leverage is up to 1:1000, with a minimum deposit starting at $10. Stop-out level is set at 50% for most accounts. Islamic (swap-free) options are available.

Funding and Base Currencies

LeoPrime supports various deposit and withdrawal methods:

• Bank wire transfers
• Visa/Mastercard
• Skrill, Neteller, FasaPay
• Cryptocurrency (BTC, ETH, USDT)

Base currencies include USD, EUR, and BTC. Most deposits are instant; withdrawals are processed within 24–48 hours.

Client Protections and Features

• Segregated client accounts claimed, but no third-party audit
• Negative balance protection is advertised
• FSA Seychelles offers minimal enforcement or compensation
• Two-factor authentication on client portal

Institutional and Retail Offering

LeoPrime offers some services for advanced and institutional traders:

• FIX API for algorithmic trading
• VPS for latency-sensitive strategies
• IB (Introducing Broker) and affiliate programs
• No white-label or Prime of Prime services

Pros and Cons

Pros

• Multiple account types including ECN and Cent
• MetaTrader 4 and 5 platforms supported
• High leverage up to 1:1000
• FIX API and VPS hosting available
• Accepts crypto deposits and withdrawals

Cons

• Not regulated by a tier-1 authority
• No investor compensation scheme
• Limited product range (no stocks or ETFs)
• Educational resources and tools are minimal
• No proprietary or advanced trading terminals

Frequently Asked Questions

Is LeoPrime regulated?

LeoPrime is regulated by the Financial Services Authority (FSA) of Seychelles, License No. SD032. It is not overseen by any tier-1 financial regulator.

What platforms does LeoPrime offer?

LeoPrime provides access to MetaTrader 4 and MetaTrader 5 across desktop, web, and mobile interfaces.

What is the minimum deposit at LeoPrime?

The minimum deposit is just $10 for Cent accounts, and $50 for Classic or ECN accounts.

Does LeoPrime support crypto funding?

Yes, LeoPrime accepts deposits and withdrawals in Bitcoin, Ethereum, and USDT.

Is LeoPrime suitable for beginners?

LeoPrime offers Cent accounts for beginners, but lack of top-tier regulation may not suit risk-averse traders.