Score
Hong Kong
|
5-10 years
| https://katoprime.com/
Website
Rating Index
MT4/5
Full License
KatoPrime-Live
Influence
C
Influence index NO.1
Malaysia 6.22
MT4/5 Identification
Full License
United KingdomInfluence
C
Influence index NO.1
Malaysia 6.22
LicensesLicensed Entity：KATO PRIME BELIZE LIMITED
License No. 000392/228
Hong KongKato Prime at Wiki Finance EXPO HongKong 2022
Founded in 2020, KatoPrime is growing to become one of the leading MT4 CFD service providers in the Global Forex Industry by giving traders the best of Retail and Institutional Trading. From a vast aggregation of liquidity to unparalleled performance, Kato Prime offers spreads from 0.0* and Account Plans for traders who are looking for advantages of choice, profits & convenience.
Hong Kong
EXPOKato Prime at Wiki Finance EXPO HongKong 2022
Founded in 2020, KatoPrime is growing to become one of the leading MT4 CFD service providers in the Global Forex Industry by giving traders the best of Retail and Institutional Trading. From a vast aggregation of liquidity to unparalleled performance, Kato Prime offers spreads from 0.0* and Account Plans for traders who are looking for advantages of choice, profits & convenience.
Hong Kong EXPO
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
katoprime.com Singapore
VIP is not activated.
| Kato PrimeReview Summary | |
| Founded | 2021-01-06 |
| Registered Country/Region | Hong Kong |
| Regulation | Unregulated |
| Market Instruments | Forex/Commodities/Stocks/Cryptocurrency/Indices/ETFs/CDFs |
| Demo Account | ✅ |
| Leverage | Up to 1:3003 |
| Spread | As low as 0 pips |
| Trading Platform | MT4/MT5(Desktop) |
| Min Deposit | $15 |
| Customer Support | Email: support@katoprime.com |
| Contact No.: +85 223618699 | |
| Facebook/Instagram | |
| 24/7 Livechat | |
Kato Prime is a brokerage company specializing in online investment and trading services. The tradable instruments include forex, commodities, stocks, cryptocurrency, indices, and more. The broker also provides three live accounts with a maximum leverage of 1:3003. The minimum spread is as low as 0 pips and the minimum deposit is $15. Kato Prime is still risky due to its unregulated status and high leverage.
| Pros | Cons |
| MT4/MT5 available | Unregulated |
| 24/7 Livechat | High max leverage |
| Various tradable instruments | Some Negative comments: unable to withdraw |
| Spread as low as 0 pips | |
| Demo account available |
Kato Prime is not regulated, making it less safe than a regulated one.
Kato Prime offers various market instruments, including forex, commodities, stocks, cryptocurrency, ETFs, CDFs, and indices.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Stocks | ✔ |
| Cryptocurrency | ✔ |
| Indices | ✔ |
| ETFs | ✔ |
| CDFs | ✔ |
Kato Prime has three live account types: Standard, Pro, and Pro “Zero”. Traders who prefer 0 spreads and do not mind commissions can choose to open a Pro “Zero” account. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.
| Account Type | Standard | Pro | Pro “Zero” |
| Minimum Deposit | $15 | $50 | $50 |
| Spreads | Low | Low | As low as 0 |
| Leverage | 1:3003 | - | - |
| Commission | No | - | From $8 |
The spread starts from 0 pips and the commission is from 0. The lower the spread, the faster the liquidity.
The maximum leverage is 1:3003 meaning that profits and losses are magnified 3003 times.
Traders can conduct financial activities in MT4 and MT5, which are available on the desktop. Junior traders prefer MT4 over MT5. Both MT4 and MT5 provide various trading strategies and implement EA systems. (The MT4 platform focuses on the Forex and CFD markets, while the MT5 platform deals with the Forex, Futures, Stocks, Bonds, and Options markets.)
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Desktop | Junior traders |
| MT5 | ✔ | Desktop | Experienced traders |
The first deposit amount must be $15 or above. Kato Prime accepts VISA, master cards, AwePay, and more deposits and withdrawals.
Kato Prime promised lightning-fast trades and instant withdrawals, but now there are evident cracks in this broker’s story. Keep reading to see what’s behind the mask!
Kato Prime advertises instant withdrawals, low spreads, and even claims high ratings from WikiFX but the reality is far less reassuring. This review reveals the facts every trader should know. WikiFX endeavours to provide you with the essential information required to make an informed decision about utilizing this platform.
In this article, we'll look in-depth at Kato Prime, examining its key features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service.
In today's article, WikiFX will explore Kato Prime in depth, examining its features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service to help you decide whether to use this platform. Keep reading to find out more!
Kato Prime is an online forex broker. WikiFX recently receives a bunch of complaints as some investors feel irritated by Kato Prime. It seems that this broker has problem of withdrawal rejection. We wonder if this broker can be reliable. Therefore, in this article, WikiFX intends to show you a comprehensive review about this broker based on the specific information, regulation, exposure, etc.
The minimum deposit for Kato Prime is $15. The minimum deposit also varies depending on the account type. The minimum deposit is $15 for the Standard account and $50 for the Pro account and Pro "Zero" account.
Kato Prime offers the maximum leverage of 1:3003, which means that profits and losses are magnified 3003 times.
Kato Prime accepts various payment methods for deposits and withdrawals, including VISA, Mastercard, AwePay, and more. This range of options makes it convenient for traders to manage their funds with ease.
Kato Prime's Standard accounts are both commission-free and suitable for traders looking for low costs. The Pro "Zero" account charges a commission of $8 per lot, making it suitable for professional traders with high trading volumes.
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Nakata Craft
Indonesia
When I was about to withdraw my funds, Kato suspended my bonus account due to the suspicion of multiple accounts. I only use Wi-Fi, and other family members also use the same Wi-Fi and trade on Katoprime. When I sought clarification, Kato only explained that my account was suspected of being a multiple account, not definitively so. Furthermore, upon reviewing the terms and conditions, there is no clause prohibiting the use of a shared network (Wi-Fi). If there is indeed a rule against using the same Wi-Fi, it should have been clearly stated to prevent any party from being disadvantaged by this lack of clarity.
Exposure
Botak Project
Indonesia
I received a NDB of 50 dollars, and I have already made a profit of 100 dollars. But when I tried to withdraw, my account was immediately suspended.
Exposure
shuk
Malaysia
can't finish it even though I tried many times.. after asking support to finish it but they just gave reasons repeatedly.. the reason for the registration failed.
Exposure
Alice S.Saitama
New Zealand
Making changes to my account settings is super easy. Very user-friendly interface for managing everything.
Positive
rain cloud
New Zealand
The company is offering a very good service to me as a client. The only reason I do not give them 5 star is simply because their minimum withdrawal fee is a bit on the high side.
Positive
Lucas1.0
Cyprus
Helpful stuff which was patient with my long explanation concerning my account problem
Positive
Wentworth-Stanley
Netherlands
Okay, here's the scoop. Trading with Kato Prime is pretty much like watching a roller coaster ride. The platform is straight forward and the beginner-friendly resources are second to none. Love the variety in account types, kudos to them for catering to all levels of traders. And the spreads and fees? Let's just say you wouldn't feel ripped off. But the swing gets bumpy when it comes to customer service - sometimes fast, sometimes slow, as unpredictable as a weather vane. Also, the trading instruments could do with some spicing up. For the trading pros looking for more options, Kato Prime might not totally float your boat. But for the greenhorns, it's a recommended first stop!
Neutral
Alistair Hargreaves
Philippines
Alright folks, I've been trading fancy-free with Kato Prime for a while now. Their spreads are on the money and fees, well, they're pretty reasonable if you ask me. What I fancy loads is the array of account types, whether you're a novice trader or a well-weathered one, they've got you covered. On the whole, Kato Prime has been quite the dandy for me!
Neutral
FX3330752799
Bangladesh
Scem kato prime to me
Exposure
傑jay
Philippines
As a day trader, Kato Prime is one of my favorite brokers I trade with frequently. It only requires $3,000 to open a Raw account, and this account is magic, narrow spreads, dedicated customer support, extremely low commissions… I have kept making profits on this platform. 😊
Neutral
FX4228385561
Hong Kong
When registering on this platform, like other platforms, you can pass the review after submitting the information, but as long as you deposit money and withdraw money after making a profit, the documents you submit will be directly rejected for you, making you unable to withdraw money. Let you submit various documents, and continue to refuse after submitting, in short, you will not be allowed to withdraw money
Exposure
FX1540336692
Hong Kong
Do not withdraw and ask for some unreasonable requirements and deduct us fof more than 30k US dollars. Fraud platofrm. I cannot provide those orders. Even I provide it, they reject it. I provided 10 legit orders and they are all rejected.
Exposure
FX1540336692
Hong Kong
Unable to withdraw. The platform closes it. I hope someone can tell me if this platform is a scam. The platform does not withdraw. I hope all traders must not be deceived. I have tens of thousands of dollars on their platform. After submitting all kinds of information, they still don’t wihdraw. Customer service has various difficulties. I have a real evaluation and report it. I hope all trading friends can see my evaluation and provide some help to get the principal back or provide some places to report their platform. If you can help, please Return the principal must be thankful
Exposure
FX1540336692
Hong Kong
I can’t withdraw money at all, all my funds are in it, the platform asks me to provide various certificates, we can’t provide it, fraud platform
Exposure
Budiartana I Nengah
Indonesia
On December 26, 2021, at 18:00 WITA, as usual, I traded with my previous balance. I tried wd but I cancelled it because the process took too long. Then, I traded with the chf pair because I saw the 0 spread. I traded it until I made a profit of $172,000. My account was suddenly blocked next morning, citing an error of chf pair. After I complained, I got the answer that the error provider chf pair instead my balance was deducted from $143 to $62.
Exposure