Company Profile
Company Profile
Review summary
| Lord Prime Review Summary | |
| Founded | 2024 |
| Registered Country/Region | Kazakhstan |
| Regulation | No regulation |
| Market Instruments | Forex, Metals, Cryptocurrencies |
| Demo Account | ✅ |
| Leverage | Up to 1:1000 |
| Spread (EUR/USD) | 2.2 pips (Standard Account) |
| Trading Platform | MetaTrader 4, MetaTrader 5 |
| Minimum Deposit | $50 |
| Customer Support | Contact form |
| Social Media: Telegram | |
| Address: Kazakhstan, Astana, st. Azilkhan Nurshaikov, building 10/1 | |
| Regional Restrictions | the United States, Japan, Canada, Australia, and countries in the European Economic Area |
Lord Prime Information
Lord Prime is a broker based in Kazakhstan that was registered in 2024. It is currently not regulated by any significant regulatory authority. It has MT4 and MT5 trading platforms and lets you trade forex, metals, and cryptocurrencies. You can also open several types of accounts and get leverage up to 1:1000.
Pros and Cons
| Pros | Cons |
| Supports MT4 & MT5 platforms | Not regulated |
| Five account types | Wide fixed spreads (2.2 pips) |
| Demo account available | Only supports crypto payment |
| Regional restriction | |
| High commission |
Is Lord Prime Legit?
Kazakhstan, where Lord Prime says it is registered, does not have any regulations about it. The FCA (UK), ASIC (Australia), or CySEC (Cyprus) also do not have any rules about it. The domain lordprime.io was registered on May 23, 2024, and is now locked (client Transfer Prohibited). Please be aware of the risks!
What Can I Trade on Lord Prime?
Lord Prime offers trading in over 40 currency pairs, as well as precious metals and cryptocurrencies.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Metals | ✔ |
| Cryptocurrencies | ✔ |
| CFDs | ✔ |
| Indexes | ❌ |
| Stocks | ❌ |
| ETFs | ❌ |
Account Types
Lord Prime has five active account types that are perfect for novices, skilled traders, and algorithmic trading. There is no minimum deposit, and the accounts work with the MT4 and MT5 platforms. You can practice with a demo account, and if you ask, you can get an Islamic (swap-free) account.
| Account Type | Minimum Leverage | Maximum Leverage | Minimum Deposit | Contract Size |
| Standard | 1:10 | 1:500 | 0 USD | 1 lot = 100,000 |
| Classic | 1:10 | 1:500 | 0 USD | 1 lot = 100,000 |
| ECN | 1:10 | 1:500 | 0 USD | 1 lot = 1,000 |
| Automatic | 1:50 | 1:1000 | 0 USD | 1 lot = 1,000 |
| Prime | 1:50 | 1:1000 | 0 USD | 1 lot = 1,000 |
Leverage
Depending on the type of account, Lord Prime lets you choose from a range of customizable leverage possibilities, from 1:10 to 1:1000. You can get up to 1:500 in leverage with Standard, Classic, and ECN accounts. With Automatic and Prime accounts, you can get up to 1:1000. High leverage can greatly boost profit potential by allowing traders to control larger positions with minimal cash, but it also comes with more risk.
Lord Prime Fees
Compared to other companies, Lord Prime's trading fees are thought to be rather high. This is mostly because all of its primary account types have the same wide spreads (2.2 pips) and fixed commissions that change depending on the account.
| Account Type | Avg Spread (e.g. EUR/USD) | Commission per Lot |
| Standard | 2.2 pips | $10 |
| Classic | 2.2 pips | $8 |
| ECN | 2.2 pips | $15 |
| Automatic | 2.2 pips | $10 |
| Prime | 2.2 pips | $10 |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable For |
| MetaTrader 4 | ✔ | Windows, macOS, iOS, Android | Beginners |
| MetaTrader 5 | ✔ | Windows, macOS, iOS, Android | Experienced traders |
Deposit and Withdrawal
There are no fees for deposits or withdrawals with Lord Prime, and all methods currently provide 0% commission. Depending on the coin and network used, the minimum deposit amount is $50.
| Payment Options | Network | Minimum Amount | Currency | Commission | Processing Time |
| Tether (USDT) | TRC-20 | $50 | USD | 0% | Instantly |
| Tether (USDT) | ERC-20 | $100 | USD | 0% | Instantly |
| Tether (USDT) | BEP-20 | $50 | USD | 0% | Instantly |
