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Loyal Primus -

Score

6.46 /10
Average

Loyal Primus

Saint Vincent and the Grenadines

2-5 years

Regulated in South Africa

Financial Service Corporate

White label MT4

Regional Brokers

Suspicious Overrun

Medium potential risk

https://loyalprimus.com

Influence

C

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Comparison

Quantity 6

Exposure

Time Machine
Website

Score

Regulatory Index5.87

Business Index6.32

Risk Management Index7.63

Software Index8.02

License Index5.87

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

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Broker Information

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Company Name

Loyal Primus Ltd

Company Abbreviation

Loyal Primus

Platform registered country and region

Saint Vincent and the Grenadines

Company website

X

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Company summary

Pyramid scheme complaint

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WikiFX Risk Alerts 3
Previous Detection : 2025-05-13
  • 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

6 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Profits cannot be withdrawn and the account is frozen

Profits cannot be withdrawn and the account is frozen directly.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.

Anti scam
2024-07-02 11:41
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]

Faisal af
2023-11-07 05:36
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

FX1534966318
2024-11-26 18:40
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.

Akun Retail
2024-07-31 07:04
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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魔豆~
more than one year
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.
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.
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2023-02-17 12:28
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Chen Miyagi
more than one year
Loyal Primus offers flexible leverage options, up to 1000:1, great for experienced traders like me! 👍👍👍
Loyal Primus offers flexible leverage options, up to 1000:1, great for experienced traders like me! 👍👍👍
Translate to English
2024-06-27 17:57
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