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 Cons
Is Loyal Primus Legit?
Loyal Primus is regulated by the Australia Securities and Investment Commission (ASIC). Besides, its domain status shows that it is active.
What Can I Trade on Loyal Primus?
Loyal Primus offers several types of products, including futures, metals, commodities, and forex.
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.
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.
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.
South Africa
chin yau jay
Singapore
CPI news was 8:30pm, i entered trade at 8:29pm. my data was smooth until i was waiting for news. 8:30pm hit and broker chart lag for 2mins. $200usd burst. broker say they didnt have issue, from my side, broker lag for few minutes and back to normal. my data was smooth at that time no issues. live chat didnt help and refused to refund my deposit. just excused just because they dont want to refund
Exposure
FX1534966318
Brazil
Stay away from this fraudulent broker. Yesterday I made a deposit of $600 USD, made a profit of 126 USD and decided to withdraw all my capital to go trade at another broker, but a few hours later my account was deactivated and they blocked me from accessing the dashboard. Now I have my $600 USD stuck in this fraudulent broker. They deactivated my 3 trading accounts too with profit and deposit of 600 usd. accounts 75214066, 75214069 and 75214068
Exposure
Akun Retail
Indonesia
I traded at this broker with a deposit of 307$. Immediately after that I just traded normally. My trading was in the Xauusd pair with a layering lot of 0.03 with 10 layers. I sold in the 2420 area and I closed at around 2395, making a profit of around $875. Immediately the next day after making the payment details I withdrew all my money amounting to $1182.30 but immediately after that my account was disabled by LoyalPrimus. I hereby hope for the good faith of the LoyalPrimus broker to immediately pay all my withdrawals.
Exposure
Sophian
Malaysia
Loyal Primus has got a lot of stuff to trade, from currencies to commodities to even crypto. And the minimum amount you need to start is pretty reasonable too. It's a good fit for traders who want options and don't wanna break the bank.
Positive
Anti scam
Malaysia
Profits cannot be withdrawn and the account is frozen directly. Fraud broker, freezes the account once the user makes a profit.
Exposure
Chen Miyagi
Singapore
Loyal Primus offers flexible leverage options, up to 1000:1, great for experienced traders like me! 👍👍👍
Positive
FX1496850438
Japan
Really appreciate Loyal Primus for their quick and efficient service. Deposits and withdrawals are speedy, and no commission is good. Looking forward to more promotional events!
Positive
Faisal af
Indonesia
Primus loyal broker cheated at 04.00 on 07.09.2023 candle was different from the others because he wanted to touch my SL. [d83d][de2d]
Exposure
Nick Wong
Malaysia
It's been 4 days still haven't withdrawal my money.. I keep cancel and request again.. help desk support there no live chat, only messages.. at first is very fast until u realise is hard to withdraw after that.. deposit is can buy withdrawal can't..
Exposure
魔豆~
Australia
Overall, the trading conditions offered by this broker were completely unexpected. The MT4 trading platform was as easy as ever, the demo account trading performed very well, and the minimum deposit of only $10 was friendly for newbies.
Positive
HIDE
Singapore
Multi-Asset Account with Low Spreads!!! I have one account for all instruments which I trade like futures, FX, metals & commodities. The spreads on my trading account were very traded friendly and I was offered a leverage of up to 1:1000.
Positive