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Loyal Primus -

Score

4.98 /10
Average

Loyal Primus

South Africa

2-5 years

Regulated in South Africa

Financial Service Corporate

MT4 Full License

Suspicious Overrun

Medium potential risk

https://loyalprimus.com

Influence

C

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Comparison

Quantity 7

Exposure

Time Machine
Website

Score

Regulatory Index4.62

Business Index6.48

Risk Management Index0.00

Software Index9.15

License Index4.62

The WikiFX Score of this broker is reduced because of too many complaints!
Time Machine
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

Loyal Primus (Pty) Ltd

Company Abbreviation

Loyal Primus

Platform registered country and region

South Africa

Company website

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Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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WikiFX Risk Alerts 3
Previous Detection : 2025-09-17
  • This broker exceeds the business scope regulated by South Africa FSCA(license number: 51830)National Futures Association-UNFX Non-Forex License. Please be aware of the risk!
  • This broker exceeds the business scope regulated by Australia ASIC(license number: 525803)Investment Advisory Licence Non-Forex License. Please be aware of the risk!

WikiFX Verification

Exposure

7 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

Profits cannot be withdrawn and the account is frozen

Profits cannot be withdrawn and the account is frozen directly. Fraud broker, freezes the account once the user makes a profit.

2024-07-02 11:41
Resolved

service so poor

the withdrawal are same date and the time difference only 1 minute why can't approve ? and only 1 blue pending ? the rest still pending check.. help desk didn't even reply my msg... so disappointed

2023-09-22 23:20
Scam

broker lag and refused to refund

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

2025-09-11 23:41
Unable to Withdraw

ACCOUNT DISABLED WITHOUT CLARITY

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.

2024-07-31 07:04
Others

Candlestick of Loyal Primus is different from the others

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]

2023-11-07 05:36
Resolved

Withdrawal take so long

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..

2023-09-21 19:06
Unable to Withdraw

Account deactivated with my deposit of 600 usd

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

2024-11-26 18:40
    Loyal Primus · Company summary
    Loyal Primus Review Summary
    Founded2023
    Registered Country/RegionSaint Vincent and the Grenadines
    RegulationASIC
    Market InstrumentsFutures, Metals, Commodities, Forex
    Demo Account❌
    LeverageUp to 1:2000
    SpreadFrom 0.6 pips
    Trading PlatformMT5, MT4, Loyal Primus APP
    Minimum Deposit$15
    Bonus✅
    Customer SupportContact form
    Tel: +971 54 389 2863
    Email: support@loyalprimus.net
    Social 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.

    Loyal Primus' homepage

    Pros and Cons

    Pros Cons
    Regulated wellHigh leverage ratio
    Low minimum depositNo demo accounts
    MT4 and MT5 supportedLimited types of account choices
    Multiple channels for customer support
    No commission fees
    Promotion and bonus offered

    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.

    Regulated AuthorityCurrent StatusLicensed EntityRegulated CountryLicense TypeLicense No.
    Australia Securities and Investment Commission (ASIC)RegulatedLOYAL PRIMUS GLOBAL PTY LTDAustraliaAppointed Representative001310112
    Regulated by ASIC
    Domain information

    What 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❌
    What Can I Trade on Loyal Primus?

    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 LeverageSpreadCommission
    Standard$151:2000From 0.6 pips❌
    Standard account

    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 for
    MT4✔PC, web, mobile, macBeginners
    MT5✔PC, web, mobile, macExperienced traders
    Loyal Primus APP✔Mobile/
    Trading Platform

    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.

    Promotion & Bonus
    Promotion & Bonus

    News

    NewsDon't miss out! These exclusive Diwali offers

    LoyalPrimus offers 50% bonus as Diwali promotion. It began on November 1 and will continue until December 30, 2023. The broker said that for a limited time period, it is offering a 50% bonus on funds. Furthermore, the broker stated As a special Diwali treat, we're adding an extra 20% bonus to make your celebration even grander. You will gain an additional 70% trade power!

    WikiFX
    2023-11-16 18:10
    Don't miss out! These exclusive Diwali offers

    NewsCan We Trust Loyal Primus?

    In today's article, WikiFX will be taking you on an in-depth review of Loyal Primus, which is a relatively new Forex broker within the industry that was established in 2020.

    WikiFX
    2023-06-27 17:41
    Can We Trust Loyal Primus?

    ExposureWikiFX Review: What does Loyal Primus look like?

    Loyal Primus is catching our eye as it seems to be a trending topic. WikiFX made this article to help you better understand this broker.

    WikiFX
    2022-11-19 08:00
    WikiFX Review: What does Loyal Primus look like?
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    User comment

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    chin yau jay
    more than one year
    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
    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
    Translate to English
    2025-09-11 23:41
    Reply
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    0
    FX1534966318
    6-12months
    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
    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
    Translate to English
    2024-11-26 18:40
    Reply
    0
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