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Kato Prime Review

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Kato Prime is a young online broker, that opened in January 2021, and they are regulated in Belize by the IFSC.

Owned and operated by; Kato Prime Belize Limited, they are now located at: 2118 Guava Street Belama, Phase 1, Belize City, Belize. Contact phone number is: +12134567777, and customer service email address is; [email protected]. Official Website is at: https://katoprime.com/.

Investors with complaints or withdrawal problems should read this.

Kato Prime Reviews

Our review of the brokers Kato Prime finds, that they offer day traders and investors, the standard MetaTrader 4 or MetaTrader 5 desktop trading platform. Although they offer no way to download a mobile trading app, you can just go to the play store and install the standard MT4 app. Day traders and investors see that officially their offer more than 5000 underlying assets for trading CFD’s, including all popular Forex pairs, some Crypto Currencies, Stocks, Commodities and Metals.

Margin / leverage rates on Forex pairs is not mentions on their website. Many new investors look for brokers with high leverage because they believe they will make money easier that way. The reality is, that trading with high leverage is very risky, and new traders don’t understand the risks, and end up losing their money quickly.

The minimum deposit for a new trading account is $15.

Kato Prime Brokers

Automated Trading Apps

Many Forex brokers today are connected with automated trading robots and signals software. You should first research the best trading signals and algorithm trading apps, look here.

Kato Prime Trading Accounts

Is Kato Prime a Legit Broker?

Technically yes, because Kato Prime has a license from the IFSC in Belize, license number 000392/498.

Also mentioned on their websites, is that they are owned by Kato Prime Limited which is a company based in Saint Vincent and the Grenadines (Company 26190 BC 2020). The problem is that SVG does not license or regulate brokers. According to the SVG Financial Services Authority; “Forex trading brokerage activities are not licensed in St. Vincent and the Grenadines.” read more.

The way in which the Scam Broker Investigator reviews a new CFD broker to determine if they are legitimate or a potential scam, is by check for a valid brokers license. In recent months, we have seen many offshore scam brokers, disappear and go out of business.

The best brokers are always licensed by IIROC Canada, ASIC Australia or your local governments financial regulator. Smart investors will always use a licensed broker, because of the protection you are afforded from their financial regulator.

Compare Forex Brokers

Smart investors always review a few different brokers before making a final decision. See the full top rated brokers list.

ForTrade is a popular CFD broker in Canada, Europe & Australia, and they are regulated by the FCA, IIROC and ASIC, see here. Get a Free Demo Account at: ForTrade.com.

What was your experience investing with the brokers at Kato Prime? Please share your review in the comment section below.