Home -

Main body -

WikiFX Express

IC Markets Global

MorsPrime-Overview of Minimum Deposit, Spreads & Leverage

MorsPrime | 2024-12-09 21:01

Abstract：MorsPrime is a relatively new broker registered in Seychelles, claiming to offer more than 120 currency pairs with leverage up to 1:100 and spread from 0 pips on the Standard account via a web-based platform. The minimum deposit is just $10.

Note: MorsPrime's official website: https://MorsPrime.com is currently inaccessible normally.

MorsPrime Review Summary
Founded	/
Registered Country/Region	Seychelles
Regulation	Unregulated
Market Instruments	Forex
Demo Account	/
Leverage	1:100
EUR/USD Spread	From 0 pips (Standard account)
Trading Platform	Web-based
Min Deposit	$10
Customer Support	Email: support@morsprime.com

MorsPrime is a relatively new broker registered in Seychelles, claiming to offer more than 120 currency pairs with leverage up to 1:100 and spread from 0 pips on the Standard account via a web-based platform. The minimum deposit is just $10.

Pros and Cons

Pros	Cons
Various currency pairs	Inaccessible website
Multiple account types	Unregulated
Flexible leverage ratios	Limited tradable asset classes
Low minimum deposit	No MT4/5
	Unknown payment methods
	Only email support

Is MorsPrime Legit?

No. MorsPrime has no regulations currently. Please be aware of the risk!

Account Type

Account Type	Min Deposit
Standard	$10
ECN Pro	$10
ECN Prime	$5,000

Leverage

Account Type	Max Leverage
Standard	1:100
ECN Pro	1:500
ECN Prime	1:500

It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spread

Account Type	Spread
Standard	From 0 pips
ECN Pro	From 0.1 pips
ECN Prime	From 2.5 pips

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
Web-based	✔	Web	/
MT4	❌	/	Beginners
MT5	❌	/	Experienced traders

Leverage Broker Dealer Forex trading Forex Broker

Related broker

No Regulation

MorsPrime

Company name：MorsPrime

Score

1.49

Website：https://morsprime.com/

2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.49

Account Deleted, Funds Gone: A New Broker Tactic to Beware Of?

The main trading dashboard account of a trader for LQH Markets was completely deleted by a broker. The trader is not being offered any access to their funds or profits. This incident shows the risks of trading markets and brokers and the importance of protecting your funds without relying on any broker.

Original 2025-04-29 19:52

CySEC reaches €20k settlement with ZFN EUROPE

According to report, the Cyprus Securities and Exchange Commission (CySEC) announced today that it has entered into a settlement agreement with ZFN EUROPE Ltd for the amount of €20,000. This settlement resolves a regulatory inquiry into ZFN Europe’s compliance with Cyprus’s Investment Services and Activities and Regulated Markets Law of 2017, as amended.

Original 2025-04-29 16:56

PrimeXBT Expands Trading Options with Stock CFDs on MT5

PrimeXBT launches stock CFDs on MetaTrader 5, offering shares of major U.S. companies with crypto or USD margin for enhanced multi-asset trading.

Original 2025-04-29 16:25

Broker Comparsion: FXTM vs AvaTrade

FXTM and AvaTrade are two well-established online brokers offering forex and CFD trading across global markets. Both enjoy strong reputations and high ratings on WikiFX—FXTM holds an AAA overall rating, while AvaTrade scores 9.49/10, indicating they’re regarded as reliable choices by the community. However, since brokers have great reputation in the industry, how do we know which one is more suitable for individuals to invest in? Today's article is about the comparison between FXTM and AvaTrade.

Original 2025-04-29 15:06