3.3

Loyal Primus Review: Is This Broker Safe?

(2 customer reviews)
3.3/10 (Expert Score)
Product is rated as #48
Trust
2
Fees
5
Platforms and Tools
3
Customer Support
2
Tradeable Instruments
4
Account Types and Terms
3
Deposit and Withdrawals
4
Research and Education
3
Loyal Primus
3.3
Expert Score
#48 rated Forex Brokers
VS
ZFX
7.6
Expert Score
#3 rated Forex Brokers
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Loyal Primus Overviews


In the vast landscape of brokers, one name stands out—Loyal Primus. Renowned for their unwavering commitment to clients and an unparalleled track record, Loyal Primus has earned a reputation as a trusted advisor and a beacon of reliability in the financial industry. But what truly sets them apart? What hidden gems lie beneath their impressive facade? This review will delve into the depths of Loyal Primus, revealing the secrets and unveiling the truth behind their success. Brace yourself, as this exploration will shine a light on Loyal Primus, their services, and everything you need to know. Prepare to be captivated as we uncover the inner workings of this remarkable broker.
 

Loyal Primus Review: Is This Broker Safe?

Loyal Primus is a brokerage firm that caters to individuals seeking opportunities in the Forex and CFD markets. With a commitment to delivering a user-friendly trading experience, Loyal Primus offers access to a variety of financial instruments, including currencies, commodities, and indices. While the broker presents itself as a platform for traders to explore and engage in the world of online trading, it is essential to evaluate its features and services to determine if it suits your specific requirements.

Let’s delve deeper into what Loyal Primus has to offer and consider various aspects such as account types, trading platforms, available assets, and additional resources. By examining these key factors, we can better understand whether Loyal Primus aligns with your trading goals and preferences. So, let’s explore further and see if this broker is the right fit for you.

Broker Feature Overview
Type of Broker Non-Dealing Desk Broker
Regulation & Licensing Republic of Saint Vincent & Grenadines (Business License)
Applicable Countries Allowed To Trade See section below
Assets Offered Forex, Indices, Metals, Commodities, Indices, Futures
Platforms Available MT4
Mobile Compatibility Yes
Payment & Withdrawal Options

 

·         bank transfer

·         AWE Pay

·         SurePay

·         ERC20, TRC20

·         Bitcoin

Facts About Loyal Primus
  • Offers Standard, Standard Pro, and Demo trading accounts
  • Utilizes the MT4 trading platform
  • Provides access to currencies, commodities, and indices for trading
  • Lack of comprehensive trading resources and educational materials
  • Limited transparency regarding regulations
  • Absence of explicit information about deposit and withdrawal methods
  • Minimal customer support options available

Pros and Cons


PROS
  • Availability of multiple account types
  • Access to the widely used MT4 trading platform
  • Tradable assets include currencies, commodities, and indices
CONS
  • Lack of comprehensive trading resources and educational materials
  • Limited transparency regarding regulations
  • Insufficient information about deposit and withdrawal methods
  • Minimal customer support options
  • Absence of an FAQ section

Is Loyal Primus Safe? Broker Regulations


When it comes to selecting a broker for your trading needs, it’s crucial to consider factors such as regulations and licenses that ensure your investments are protected and managed responsibly. Loyal Primus is a broker that prioritizes transparency and accountability, offering you a comprehensive trading experience.

Loyal Primus is incorporated under the Republic of Saint Vincent & Grenadines laws and operates as an International Business Company, registered as Loyal Primus LTD. To gain insights into the broker’s regulations and policies, you can visit the “terms of business” link located in the main header menu under the “about us” section on their website. This section provides detailed information regarding the broker’s operational guidelines, terms, and conditions, empowering you to make informed decisions.

While reviewing Loyal Primus, you may notice that the broker does not possess a valid trading license. The regulatory framework in the Republic of Saint Vincent & Grenadines primarily focuses on business licenses rather than specific trading licenses. This distinction should be considered when evaluating the broker’s regulatory compliance. It is advisable to thoroughly review the terms of business and consult with professional advisors to understand the implications of this regulatory context.

Moreover, during your exploration of Loyal Primus’s website, you may observe that the broker does not display any awards or accolades. While awards can serve as a form of recognition for a broker’s achievements, their absence does not necessarily imply a lack of quality or reliability. The true measure of a broker’s worth lies in their commitment to providing a secure trading environment, reliable platforms, competitive pricing, and exceptional customer service.

Brokers and regulations are essential components of the trading industry. Regulations serve to protect investors, maintain market integrity, and prevent fraudulent activities. They establish guidelines and standards that brokers must adhere to, ensuring fair trading practices and investor security. By choosing a regulated broker, you can have confidence in the oversight and supervision they receive, which fosters trust and credibility in the financial markets.

A regulated broker operates within a structured framework that promotes transparency and accountability. They are subject to regular audits, compliance checks, and regulatory reporting, providing an added layer of protection for your investments. Regulations also establish mechanisms for dispute resolution, ensuring that you have recourse in case of any issues or conflicts that may arise.

So, Loyal Primus is a broker incorporated under the laws of the Republic of Saint Vincent & Grenadines, operating as an International Business Company. To access detailed information regarding their regulations and policies, you can refer to the “terms of business” link under the “about us” section on their website. It is worth noting that the broker does not possess a specific trading license, as the regulatory framework in Saint Vincent & Grenadines focuses on business licenses. Additionally, while Loyal Primus may not display awards, their commitment to transparency and accountability is evident in their dedication to providing a secure trading environment. When choosing a broker, considering regulations and licenses is crucial to ensure your investments are safeguarded and your trading experience is reliable and trustworthy.

  • Republic of Saint Vincent & Grenadines*

What Can I Trade with Loyal Primus?


When it comes to trading, Loyal Primus offers a diverse range of tradable assets to cater to your investment preferences. To explore the available options, simply navigate to the “markets” section in their website’s main header menu.

While reviewing Loyal Primus, you may observe that there is no dedicated section for forex trading. However, this doesn’t mean that forex trading is unavailable. Moreover, if you head to “trading services” and then to “instruments list,” you will see that they, in fact, offer not only Forex but Indices and Crypto as well. However, not much detail on these assets is given. Thus, Loyal Primus does offer Forex trading alongside other trading options. To delve into the specifics of forex trading, you can explore the relevant sections within the broker’s platform.

Futures

Focusing on other tradable assets, Loyal Primus provides opportunities for futures trading. Futures contracts are derivative financial instruments that require the buyer and the seller to trade an asset at a predetermined future date and price, irrespective of the current market price at expiration. With futures trading, you can hedge or speculate on various commodities, currencies, stock indices, U.S. Treasury bonds, and precious metals. These futures contracts can be accessed through the broker’s platform, offering you the flexibility and diversification you seek in your trading portfolio.

Metals

Moreover, Loyal Primus enables you to trade CFDs on precious metals such as gold, silver, platinum, and palladium. These metals are considered safe haven investments, particularly during periods of political instability and economic uncertainty. By trading CFDs on spot metals, you have the opportunity to benefit from the rising and falling prices of the commodities market without the need to physically own the metals.

Commodities

Loyal Primus offers CFDs on popular spot commodities like crude oil, sugar, and coffee if you’re interested in trading commodities. Trading commodities via contracts for difference (CFDs) provides you with greater exposure to the underlying instruments while requiring lower capital compared to other asset classes. The state-of-the-art MetaTrader 4 online trading platform, accessible on multiple devices, ensures seamless and efficient trading experiences. With tight spreads, competitive pricing, and comprehensive market analysis and research, Loyal Primus equips you with the necessary tools to confidently navigate the commodities market.

Indices trading is also available through CFDs, allowing you to speculate on the performance of various market indices. With low margin requirements, you can control larger positions and gain exposure to the movements of these indices.

Trading commodities and indices, alongside other tradable assets, offers unique advantages. Deep liquidity, extended trading hours, and the potential for high profitability make these assets attractive to both novice and professional traders. Loyal Primus tries to provide an advantageous trading environment with best-of-market spreads, efficient order execution, and minimal foreign exchange exposure.

Loyal Primus presents a wide array of tradable assets to meet your trading preferences. By visiting their website’s “markets” section, you can explore the options available, including forex trading, futures contracts, CFDs on precious metals, commodities, crypto, and indices.

  • Forex
  • Metals
  • Futures
  • Commodities
  • Indices
  • Crypto

How to Trade with Loyal Primus?


Loyal Primus offers traders a reliable and efficient trading experience through their trading platform, which can be accessed by visiting the “Trading Services” section in the main header menu on their website. The broker exclusively utilizes the MetaTrader 4 (MT4) platform, a renowned and widely-used platform in the industry.

MT4 is an industry-standard trading platform that provides a range of features and tools to enhance your trading experience. With MT4, you have access to interactive charts that allow you to monitor real-time currency rate movements. The platform offers three different types of charts: bars, candlesticks, and lines, giving you flexibility in analyzing market trends. These charts are easy to scale, scroll, and change between various timeframes, ranging from one minute to one month, enabling you to conduct detailed technical analysis.

Furthermore, MT4 on Loyal Primus allows you to implement your trading strategies accurately. The platform offers a comprehensive set of 24 analytical objects, including lines, channels, geometric forms, and popular technical analysis tools like Gann, Fibonacci, and Elliott tools. You can apply these objects and indicators to the chart window and customize the color schemes according to your preference. Additionally, MT4 supports opening up to 10 windows with indicators simultaneously, enabling extensive analysis and providing you with a competitive edge.

While MT4 is a robust and powerful platform, it’s worth noting that Loyal Primus currently does not offer alternative trading platforms like MT5, mobile apps, or proprietary software. These additional platforms could offer alternative trading experiences and convenience, especially for traders who prefer mobile trading or seek advanced features and functionalities. The availability of multiple platforms would cater to a wider range of trading preferences and enhance flexibility.

However, it’s important to highlight that Loyal Primus focuses on providing a stable and reliable trading experience through their utilization of the MT4 platform. MT4 is trusted by traders worldwide and offers a user-friendly interface, advanced charting capabilities, a wide range of technical indicators, and the ability to automate trading strategies using expert advisors (EAs). With its extensive features and popularity, MT4 remains a reliable choice for traders of all levels.

It’s worth mentioning that Loyal Primus does not currently provide a dedicated download for Mac users. However, Mac users can still access the MT4 platform through alternative methods such as virtual machines or the web-based version of MT4. These options ensure that Mac users can still participate in trading activities offered by Loyal Primus.

Loyal Primus offers traders access to the widely recognized MT4 platform. This platform offers interactive charts, comprehensive technical analysis tools, and a user-friendly trading interface. While alternative platforms like MT5, mobile apps, or proprietary software are not available at present, the focus on stability and reliability ensures a seamless trading experience. Explore the trading opportunities provided by Loyal Primus through the MT4 platform and leverage its extensive features to enhance your trading strategies and decision-making process.

Features MT4 MT4 Mobile
One-Click or One-Tap Trading Yes Yes
Trade Straight off Charts Yes Yes
Email Alerts or Push Notifications Yes Yes
Mobile Alerts Yes Yes
Stop Order Yes Yes
Market Order Yes Yes
Trailing Stop Order Yes Yes
OCO Orders (One-Cancels-The-Other) Yes Yes
Limit Order Yes Yes
24hr Trading Yes Yes
Charting Package Yes Yes
Streaming News Feed Yes Yes

  • MetaTrader 4 (Windows, Android, iOS)

How Can I Open Loyal Primus Account? A Simple Tutorial


To open an account with this broker, you must head to their website. Then you must click on the “register” button on the right side of the main menu.

Following that, you will be taken to the registration page. You will need to fill in your name, country, phone number, and Email address here. You will also need to agree to their “business terms.”.

After you click to continue, you will be prompted with a confirmation. You will need to copy and paste the code sent to your Email address here.

Your registration is basically complete once you have filled in the verification pin and clicked continue. Next, you will be redirected to the client area of your account, and here you will see a few banners prompting you to upload your ID/Passport and your proof of address. Remember that most brokers may allow you to deposit funds without going through these processes, but if you want to withdraw funds, this will need to be completed.

  • Go to the broker's website
  • Click on the "register" button on the right side of the main menu
  • Fill in your name, country, phone number, and email address on the registration page
  • Agree to the broker's "business terms."
  • Click to continue and receive a confirmation prompt
  • Copy and paste the code sent to your email address
  • Complete the registration by filling in the verification pin and clicking continue
  • You will be redirected to the client area of your account
  • Upload your ID/passport and proof of address when prompted
  • Note that depositing funds may be possible without completing these processes, but withdrawals require completion

Loyal Primus Charts and Analysis


Loyal Primus provides traders with a range of trading resources and educational material to support their trading activities. To access these resources, you can visit the “Analytics” section in the main header menu on their website. However, it is important to note that Loyal Primus currently has limited offerings in terms of trading resources and educational material.

The available trading resources include market analysis, a section dedicated to cryptocurrencies, an economic calendar, and a market screener. The market analysis provides trading ideas, forecasts, and analyses from traders and analysts worldwide. However, it is worth mentioning that the analysis provided is relatively brief and lacks in-depth insights or comprehensive coverage of various financial instruments.

The cryptocurrency section on Loyal Primus offers a breakdown of the most popular coins. While this provides a basic overview of cryptocurrencies, it does not delve into detailed analysis, trading strategies, or the latest developments in the crypto market.

The economic calendar offered by Loyal Primus provides a simple overview of economic events and their expected impact on the market. However, it may not offer in-depth analysis or explanations of the events and their potential implications for traders.

The market screener available on the platform offers a current breakdown of Forex pairs. This can be useful for traders looking for specific currency pairs to trade, but it does not provide advanced screening capabilities or detailed analysis of individual pairs.

It is evident that Loyal Primus lacks extensive trading resources and educational material. This can pose a challenge for traders who rely on comprehensive market analysis, in-depth educational content, and a wide range of resources to enhance their trading strategies and decision-making processes.

Brokers offering a broader range of trading resources and educational material can provide significant advantages to traders. Comprehensive market analysis, detailed educational content, and advanced tools can assist traders in understanding market trends, identifying trading opportunities, and making informed decisions. Additionally, educational materials can help traders develop their skills, learn new trading strategies, and stay updated with the latest market developments.

A more comprehensive educational section could include tutorials, webinars, trading guides, and educational articles covering a wide range of topics such as technical analysis, fundamental analysis, risk management, and trading psychology. These resources can empower traders and contribute to their long-term success.

While traders can access market analysis, a cryptocurrency section, an economic calendar, and a market screener, these resources may not provide extensive insights or in-depth analysis. A broker should strive to offer a broader range of trading resources and educational material to empower traders with the necessary knowledge and tools to navigate the financial markets effectively.

  • Market Analysis
  • Cryptocurrency breakdown
  • Economic Calendar
  • Market Screener

Loyal Primus Account Types


To gain insights into the trading account types offered by Loyal Primus, you can visit the “Why Choose Us” section in the main header menu under the “About Us” tab on their website. However, it is important to note that Loyal Primus does not have a dedicated page specifically outlining the account types, and the information provided on the accounts is limited.

At Loyal Primus, you will find three main types of trading accounts: Standard, Standard Pro, and Demo. The Standard account requires a minimum deposit of $10 and offers a maximum leverage of 500. The spreads start from 0.6 pips, and no commission charges are associated with this account. The Standard Pro account, on the other hand, requires a minimum deposit of $100 and provides a higher maximum leverage of 1000. The spreads also start from 0.6 pips, and there are no commission charges.

The Demo account, which is free of charge, allows traders to practice and familiarize themselves with the trading platform without risking real money. It offers the same features as the live accounts, including a maximum leverage of 1000 and spreads starting from 0.6 pips.

While Loyal Primus offers these account types, it is important to note that the available information regarding the accounts is relatively limited compared to other brokers. Some brokers may offer a wider range of account types, each tailored to different trading needs and preferences. Multiple account types allow traders to choose an account that aligns with their trading goals, risk tolerance, and strategies. For example, brokers may offer beginner-friendly accounts with lower leverage and minimal trading costs, as well as premium accounts with higher leverage and additional features for experienced traders.

Having a variety of account types can also cater to different trading styles, such as scalping or long-term investing. Each account type may come with specific benefits, such as access to exclusive educational resources, personalized customer support, or enhanced trading conditions. The availability of different account types ensures that traders can find an option that suits their individual requirements.

While Loyal Primus offers the Standard, Standard Pro, and Demo accounts, it is important to consider the limitations of the available information. Traders may need to reach out to customer support or consult the broker directly to obtain more detailed information about the account types, including any specific features, trading conditions, or additional benefits associated with each account.

Loyal Primus provides traders with a limited selection of trading account types, including Standard, Standard Pro, and Demo accounts. The information available regarding these accounts is relatively restricted, and it is advisable to seek further clarification from the broker directly. Brokers offering a wider range of account types provide traders with more flexibility, allowing them to select an account that suits their trading preferences and goals. In-depth information about account types is essential for traders to make informed decisions and choose the most suitable account for their trading needs.

Features Standard Standard Pro Demo
Account Currencies USD, EUR USD, EUR USD
Available Leverage 500 1000 1000
Minimum Deposit $10 $100 $0
Commission Per Trade No No No
Decimal Pricing Yes Yes Yes
Trading Instruments Various Various Various
Min. Lot Size Per Trade 0.01 0.01 0.01
Max. Lot Size Per Trade Not specified Not specified Not specified
Spreads From 0.6 pips From 0.6 pips From 0.6 pips
Demo Account Yes Yes N/A
Swap/Rollover Free Not specified Not specified Not specified
Hedging Not specified Not specified Not specified
Scalping Not specified Not specified Not specified
Copy Trading Support Not specified Not specified Not specified
Available to U.S. Residents Not specified Not specified Not specified

Some features are not specified, and it is advisable to reach out to the broker directly for more detailed information regarding these features and any specific trading conditions associated with each account type.

  • Standard
  • Standard Pro
  • Demo

Do I Have Negative Balance Protection with This Broker?


Loyal Primus seems to prioritize protecting its client’s interests and ensuring a fair trading environment. Detailed information regarding their negative balance protection policy can be found in the “Terms of Business” section in the main header menu under the “About Us” tab on their website.

One of the key aspects of Loyal Primus’s commitment to client protection is the provision of negative balance protection. This policy is designed to shield traders from incurring losses that exceed their account balance, ensuring that they do not end up owing money to the broker in cases of extreme market volatility or unexpected price movements.

The negative balance protection offered by Loyal Primus is an essential feature for both brokers and traders. Implementing this policy demonstrates brokers’ dedication to fair practices and responsible risk management. It safeguards the financial stability of the brokerage firm by preventing clients from accumulating significant debts beyond their deposited funds.

Negative balance protection provides a crucial safety net from a trader’s perspective. It ensures that traders will not be held liable for losses exceeding their account balance, even during highly volatile market conditions or unexpected events. This protects their capital and provides peace of mind, allowing them to focus on their trading strategies without the fear of incurring substantial financial obligations.

It is important to note that while Loyal Primus offers negative balance protection, it is imperative for traders to use the trading features and tools provided by the broker in good faith. Engaging in abusive trading practices, such as attempting to exploit price gaps or news releases, is strictly prohibited. Examples of such practices include opening positions just moments before a break or news release to generate risk-free profits, intentionally creating large positions relative to the account balance, or executing simultaneous positions in opposite directions solely to exploit the guaranteed stop loss or negative balance protection.

Loyal Primus takes such abuse seriously to maintain the integrity of their trading environment and ensure fairness for all clients. By adhering to the policies and guidelines established by the broker, traders can benefit from the negative balance protection feature while engaging in responsible and ethical trading practices.

Loyal Primus demonstrates its commitment to client protection through the implementation of a negative balance protection policy. This feature safeguards traders from potential losses exceeding their account balance, ensuring a fair and secure trading experience. Traders should always use the provided trading features responsibly, avoiding any abusive practices that may undermine the integrity of the platform.

  • Yes

Loyal Primus Deposits and Withdrawals


When it comes to the deposit and withdrawal methods offered by Loyal Primus, the information is not readily available on their website. To access this information, users are required to register and open a live trading account with Loyal Primus. Only then will they be able to see the specific deposit methods available to them.

Based on the available information, Loyal Primus provides several deposit methods that cater to the diverse needs of its clients. These methods may include bank transfer, AWE Pay, SurePay, ERC20, TRC20, and Bitcoin. These options ensure flexibility and convenience for traders, allowing them to choose the method that suits their preferences and region.

However, the information regarding withdrawal methods at Loyal Primus remains unclear, as we were not provided with specific options for the account created. Typically, brokers tend to offer similar withdrawal methods to those available for deposits, although this may vary depending on the region and specific regulations.

It is worth noting that while Loyal Primus does not provide explicit details about their deposit and withdrawal methods upfront, many other brokers make this information readily available on their websites. This transparency allows potential clients to assess whether the available methods align with their preferences and requirements before committing to opening an account.

The lack of information about deposit and withdrawal methods on the website can be seen as a disadvantage, as traders often seek clarity on these aspects before making a decision. Clear and accessible information about deposit and withdrawal methods helps traders make informed choices and ensures a seamless experience when managing their funds.

In conclusion, the deposit methods offered by Loyal Primus, including bank transfer, AWE Pay, SurePay, ERC20, TRC20, and Bitcoin, are not explicitly outlined on their website. The withdrawal methods could not be determined as specific options were not provided during our account creation process. Accessing this information requires registering and opening a live trading account. While other brokers typically provide this information upfront, Loyal Primus’s approach may inconvenience potential clients who prefer to have a clear understanding of the deposit and withdrawal options before committing to an account.

  • Bank transfer
  • AWE Pay
  • SurePay
  • ERC20, TRC20
  • Bitcoin

Support Service for Customer


When it comes to customer support, Loyal Primus falls short in providing comprehensive assistance and readily accessible information. Users can navigate to the “Contact” link in the main menu to find information regarding customer support channels. However, it is worth noting that Loyal Primus offers limited customer support options, with only a contact form and an email address (support@loyalprimus.com) available for communication.

The absence of a dedicated FAQ section further hinders the ability of traders to find immediate answers to their inquiries. This lack of comprehensive customer support resources can be detrimental to a broker’s reputation and perceived reliability. It may give potential traders a sense of unease and insecurity, as they may feel that their concerns or issues may not receive prompt attention or resolution.

Good customer support is crucial for any broker, as it plays a significant role in building trust and ensuring a positive trading experience for clients. Traders need to feel supported and confident that their concerns will be addressed promptly and effectively.

Brokers with robust customer support channels often provide multiple avenues of communication, such as live chat, telephone support, and dedicated support teams. This allows traders to reach out for assistance in their preferred method, ensuring convenience and prompt resolution of their queries or issues.

Furthermore, brokers with comprehensive customer support often have well-developed web FAQ sections. These sections provide answers to commonly asked questions, offering valuable information and guidance without the need for direct contact with support agents. A detailed FAQ section can significantly reduce the influx of repetitive inquiries and enhance the overall efficiency of customer support services.

A lack of easily accessible and comprehensive customer support resources, such as what we have observed with Loyal Primus, can create a sense of doubt and uncertainty. Traders may question the reliability and safety of a broker that does not prioritize providing adequate customer support options.

In contrast, brokers with robust customer support systems foster trust and confidence among traders. They prioritize prompt and effective communication, offer diverse channels of contact, and provide well-documented resources to address common concerns. This level of support enhances the overall trading experience and ensures that traders can access assistance whenever needed.

In conclusion, Loyal Primus’s customer support channels, limited to a contact form and email address, along with the absence of a FAQ section, may leave potential traders feeling unsure about the broker’s reliability and safety. Robust customer support is essential for building trust and ensuring a positive trading experience. Brokers that prioritize comprehensive customer support resources and responsive assistance create an environment of confidence and reliability, fostering long-term relationships with their clients.

Loyal Primus Customer Support Overview
Supported Languages English
Customer Service By Loyal Primus
Customer Service Hours Not specified
Email Response Time Not specified
Telephonic Support No
Personal Account Manager No

  • Supported Languages: English
  • Customer Service Channels: Contact form, Email
  • Customer Service Hours: Not specified

Prohibited Countries: Where Can I Not Trade with this Broker?


To determine the regions in which Loyal Primus is able to operate, you can refer to the footer section of their website. While the information provided is limited, it states that Loyal Primus Ltd. does not provide services to residents of Afghanistan, Cuba, Iran, North Korea, Sudan, Syria, Ukraine, and the USA.

Various factors, including regulatory requirements, local laws, and international sanctions, influence the ability of brokers to operate in specific regions. Brokers must adhere to the regulations and licensing requirements set forth by regulatory bodies in each jurisdiction they operate in. These regulations are in place to ensure the protection of traders and maintain the integrity of the financial markets.

Additionally, brokers may face restrictions due to local laws that govern the provision of financial services. Each country has its own set of regulations and licensing frameworks that brokers must comply with to operate legally within that jurisdiction.

International sanctions can also impact a broker’s ability to offer services in certain regions. Governments or international organizations typically impose these sanctions to restrict economic activities with specific countries or entities due to political or security concerns. Compliance with these sanctions is crucial for brokers to maintain a good standing within the global financial system.

It is essential for brokers to assess the regulatory landscape and compliance requirements of each region before offering their services. Failure to comply with regulations or operate in restricted regions can result in severe penalties and legal consequences.

While Loyal Primus provides limited information regarding its operating regions, it is common for brokers to have restrictions on certain jurisdictions to ensure compliance with regulatory obligations and legal requirements. These restrictions are in place to safeguard both the broker and potential clients, as they reflect the regulatory framework and local laws specific to each region.

In conclusion, Loyal Primus operates within specific regions while adhering to regulatory requirements, local laws, and international sanctions. The regions in which brokers can operate depend on various factors such as regulatory compliance, local laws, and international restrictions. The limited information provided on the website indicates that Loyal Primus does not offer services to residents of Afghanistan, Cuba, Iran, North Korea, Sudan, Syria, Ukraine, and the USA. By abiding by regional restrictions, brokers can maintain their compliance with regulations and ensure the safety and security of their operations.

  • Afghanistan, Cuba, Iran, North Korea, Sudan, Syria, Ukraine, and the USA

Special Offers for Customers


Loyal Primus provides its clients with various special offers and promotions to enhance their trading experience. You can find detailed information about these promotions under the “Promotions” section in the main menu. Special offers and promotions play a significant role in attracting and rewarding traders. Here are some of the promotions offered by Loyal Primus:

Deposit Bonus

Loyal Primus offers a 50% deposit bonus to its clients, subject to specific terms and conditions. This bonus provides additional funds for trading and is available for a limited time. Clients can benefit from the bonus by meeting certain criteria, such as a minimum deposit requirement and adherence to the bonus terms. The deposit bonus allows traders to potentially increase their trading capital and take advantage of more opportunities in the market.

Leverage Promotion

The leverage promotion at Loyal Primus allows eligible clients to access increased leverage for their trading activities. Traders can benefit from higher leverage up to a certain equity requirement, which enhances their trading potential. However, it’s important to note that scalping trading in less than three minutes is not allowed, and any gains from such trading will be considered null and void. Loyal Primus reserves the right to adjust the leverage if the equity on the account exceeds a specified amount.

Chinese New Year Contest

Loyal Primus organizes the Chinese New Year Contest, offering participants a chance to win from a total prize pool of $88,888. The contest runs within a specific timeframe, and participants need to register with a minimum balance requirement. The winner and runners-up are determined based on the highest percentage growth achieved during the contest period. The winnings are deposited into the customer’s wallet and can be withdrawn.

Special offers and promotions are beneficial for both brokers and traders. They attract new traders to the platform, incentivize existing clients to engage in more trading activities, and create a sense of excitement and opportunity. These promotions can provide traders with additional funds, increased leverage, and the chance to participate in contests, leading to enhanced trading experiences and potential profits.

By offering special promotions, brokers demonstrate their commitment to client satisfaction and strive to build long-term relationships. These promotions can also contribute to increased customer loyalty and engagement.

It’s worth noting that while special offers and promotions are valuable, traders should always review and understand the terms and conditions associated with these promotions. Compliance with the terms ensures a fair and transparent trading environment for all participants.

In conclusion, Loyal Primus offers several special promotions and offers, including a deposit bonus, a leverage promotion, and a Chinese New Year Contest. These promotions aim to provide traders with additional benefits and opportunities, enhancing their trading experience. Traders should take advantage of these promotions while being mindful of the broker’s terms and conditions.

  • Deposit Bonus
  • Leverage Promotion
  • Chinese New Year Competition

Loyal Primus Review Conclusion: Reputable Broker with Easy-to-use Platform


Additionally, the limited customer support options and the absence of an FAQ section further contribute to the feeling of an unreliable and potentially unsafe trading environment.

PIPPENGUIN

Based on the information provided and the analysis of Loyal Primus, there are concerns regarding the safety and reliability of this broker. The lack of comprehensive and transparent information, particularly regarding regulations, deposit and withdrawal methods, and customer support channels, raises red flags.

Regulations play a crucial role in ensuring the integrity and security of a broker, and the absence of clear information in this regard is a cause for concern. Additionally, the limited customer support options and the absence of an FAQ section further contribute to the feeling of an unreliable and potentially unsafe trading environment.

Summary and Key Takeaways


Loyal Primus offers a range of account types, including Standard, Standard Pro, and Demo accounts. The broker primarily utilizes the MT4 trading platform to access various tradable assets such as currencies, commodities, and indices. However, the broker lacks comprehensive trading resources and educational materials, which can hinder traders’ ability to make informed decisions. Additionally, the deposit and withdrawal methods are not explicitly stated on the website and require registration and opening of a live trading account to access. The lack of transparent and easily accessible information about account funding options can be seen as a drawback for potential clients. Overall, Loyal Primus falls short of providing a comprehensive and transparent trading experience.

  • Account types: Standard, Standard Pro, and Demo accounts
  • Trading platforms: Primarily MT4
  • Tradable assets: Currencies, commodities, and indices
  • Limited trading resources and educational materials
  • Lack of explicit information about deposit and withdrawal methods
  • Absence of a dedicated FAQ section

FAQs


What is Loyal Primus?

Loyal Primus is a broker that operates in the Forex and CFD markets. It provides trading services for various assets, including currencies, commodities, and indices.

Is Loyal Primus a good broker?

Based on the analysis conducted, there are concerns regarding the safety and reliability of Loyal Primus. The lack of comprehensive information, transparency, and customer support options raises doubts about the broker’s trustworthiness.

What is the minimum deposit for Loyal Primus?

The minimum deposit requirement for Loyal Primus is $10 for the Standard account, $100 for the Standard Pro account, and $0 for the Demo account.

2 reviews for Loyal Primus Review: Is This Broker Safe?

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  1. Oanh Jing

    It’s really so hard to believe that this company was set up to make people as well as investors to lose their funds and to regret their actions. I was so dumb to have associated myself with this scam scheme and i faced the consequences by losing some money at first , but I was reimbursed through the help of professionals from cp-investigation (.) com and I was told to be careful of most investment companies out there.

    + PROS: it was a bad experience
    - CONS: stressful
    Helpful(2) Unhelpful(0)You have already voted this
  2. Dianne Mazzolini

    the worst and dishonest trading company that I ever have had the misfortune of dealing with. They are, in my mind, criminals. I requested a withdrawal of £100,000 from my account. Within about 4 hours, the withdrawal had been put back into my account. Then my account was traded illegally with 11 trades taken and losing all the money. I complained to this company and they couldn’t give a damn. I had to reach out to oliviatrader 44 @ gmail. com to assist me in getting back my money. Glad I have all my money back now.
    WhatApp +1 (423) 248 – 2140

    + PROS: it was a bad experience
    - CONS: stressful
    Helpful(1) Unhelpful(0)You have already voted this

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    Loyal Primus Review: Is This Broker Safe?
    Loyal Primus Review: Is This Broker Safe?
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