Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Loyal Primus Pros & Cons
- Low minimum deposit: $15, $50, or $100, depending on the account type;
- Leverage up to 1:1000;
- No requotes, minimal slippage;
- Accounts with floating spreads and no additional fee;
- Market analysis and reviews, economic calendar, and trading calculators;
- The ability to automate trading using signals from MQL4.community and Expert Advisors;
- Partnership programs, bonuses, and trading contests with valuable prizes.
- Higher spreads compared to other Forex brokers;
- No option to invest in accounts managed by experienced traders;
- No support available via chat or messengers.
TU Expert Verdict
Loyal Primus carries a higher degree of risk. My review and user feedback point to noticeable performance issues and limitations. It may be appropriate only for experienced traders who fully understand the risks and are prepared for potential instability.
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Loyal Primus User Reviews
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5-star
0%
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4-star
33%
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3-star
67%
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2-star
0%
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1-star
0%
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Commissions and Fees
Score:We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria4 /10The trading and non-trading commissions of Loyal Primus have been analyzed and rated as having High fees, with a fees score of 4/10. Additionally, these commissions were compared with those of the top two competitors, ZForex and OANDA, to provide the most comprehensive information.
- No inactivity fee
- No deposit fee
- Above-average Forex trading fees
- No ECN/Raw Spread account
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Is Loyal Primus Safe?
Score:We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria5.8 /10Loyal Primus has a safety score of 5.8/10, which corresponds to a Medium security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Is regulated
- Negative balance protection
- Not tier-1 regulated
- Track record of less than 8 years
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Account Types
Score:We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.5.5 /10Loyal Primus offers the following account options: Demo, Standard.
However, Loyal Primus does not provide an ECN account with direct market access, which may be a drawback for experienced traders or scalpers seeking the lowest spreads.
- Standard account with balanced trading conditions
- Demo account
- Low minimum deposit
- No Swap Free account
- No Cent account
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Deposit and Withdrawal
Score:This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology4.5 /10Loyal Primus received a Low score for the efficiency and convenience of its deposit and withdrawal processes.
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Markets and Tradable Assets
Score:The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria3 /10Loyal Primus offers a limited selection of trading assets compared to the market average. The platform supports 145 assets in total, including 40 Forex pairs.
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Trading Account Opening
We successfully registered an account with Loyal Primus in 7 minutes. The KYC verification was completed within 1 business day. The minimum deposit amount at Loyal Primus is $20.Score:We evaluated Trading Account Opening at Loyal Primus by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.10 /10This is one of the most accessible and hassle-free onboarding procedures on the market.
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Customer Support
Score:We evaluated Customer Support at Loyal Primus by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria4.8 /10
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FAQs
How is Loyal Primus regulated and what does its safety score indicate?
Loyal Primus has a safety score of 5.8/10, which Traders Union classifies as a Medium security level. It is regulated by the Financial Sector Conduct Authority (FSCA) of South Africa, a Tier-2 regulator, and offers negative balance protection and KYC verification, but it is not Tier-1 regulated and has a track record of less than 8 years, which may increase risks compared with more established brokers.
What types of trading accounts does Loyal Primus offer and how do they differ?
Loyal Primus provides Demo and several Standard-type live accounts, including Standard, Standard Pro, and Pro Bonus, but does not offer Cent, Micro, Swap Free, VIP, or managed accounts. These accounts differ mainly in leverage (up to 1:500 or 1:1000), minimum deposits (from $15 to $100), and available deposit bonuses, while trading fees are stated to be the same across all accounts.
What do user reviews and feedback say about overall satisfaction with Loyal Primus?
Loyal Primus has a user satisfaction score of 6.7/10 based on 3 reviews, with 33% of ratings at 4 stars and 67% at 3 stars, and no 1- or 2-star ratings. According to user reviews, this reflects a generally mixed but moderately positive experience rather than strongly enthusiastic or strongly negative feedback.
What markets and tradable assets are available with Loyal Primus, according to reviews and platform data?
Loyal Primus offers 145 tradable assets, including 40 currency pairs and commodity futures, but does not provide trading in stocks, stock indices, options, cryptocurrencies, bonds, ETFs, or copy/PAMM/managed investing products. The section notes that this is a more limited selection compared with the market average, and there is no additional user feedback quoted here about the asset range.
How does Loyal Primus customer support operate and what feedback-related limitations are noted?
Loyal Primus provides 24/7 customer support in 9 languages via contact form, email, and a ticket system, and phone contact is only available indirectly through callback requests. The review notes that response times can be slow, live chat is not available, and assistance quality in testing was limited, so traders who depend heavily on support may find this inconvenient.
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