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Loyal Primus Review - Does It Offer Welcome Bonus? - WikiFX

WikiFX | 2025-04-27 12:41

Abstract:Loyal Primus is a forex broker regulated in Australia. It offers a single account type, with a minimum deposit of $15 and a maximum leverage of 1:2000.

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
BrokerDealer

Related broker

Over-Operation
Loyal Primus
Company name:Loyal Primus (Pty) Ltd
Score
4.94
Website:https://loyalprimus.com
2-5 years | Regulated in South Africa | Regulated in Australia | Financial Service Corporate
Score
4.94

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