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Official Kato Prime Review - Is Kato Prime a Scam or Legit?



Our review of this new broker called Kato Prime shows, that they offer Forex and Crypto CFD trading, on the standard MT4 trading platform. The mobile trading app which they are using, is the classic version from MQL5 a customized trading app. Professional forex traders will be happy to see that they also offer you the MT5 (Meta Trader 5) software, which can be used with an Expert Advisor addon.To get more news about kato prime review, you can visit wikifx.com official website.

You can trade hundreds of underlying assets including; Major Forex Pairs, Minor Currencies, Crypto, Stocks, and Market Indexes.
When trading contracts for difference, you are investing with added leverage of up to 500:1. The appeal is that you can make large profits quickly, but at the same time the risk is much greater. You will find spreads starting at 0 pips, depending on your account type.
Kato Prime Trading Account Types
All brokers offer you a choice of account types, and at Kato Prime you have three options to choose from. The minimum deposit requirement for their smallest account is $15. The main difference between trading accounts is spreads, assets available, and order types.

When you signup for a new account, you will be able to create a login password. You will also receive an email from them with separate login details for your MT4 trading account. Make sure you store them in a safe place so you don’t forget it.

Automated Trading Apps
Thousands of newbie reddit investors got scammed by a trading app they found on a Fake News website. You can read about the complaints in the investors forum.

Kato Prime does not offer their investors any automated trading software! An automated trading app is also known as an Expert Advisor, which are commonly used by professional traders on MT5.

If you are interested in using a trading algorithm robot, setup your account here.

Is Kato Prime a Legit Broker?
Technically Kato Prime has a license, but that doesn't actually protect your investment. The reason their license is borderline useless is because it is from the "regulator of Belize".

How do you verify that your broker is legitimate, and not another online investing scam?

You must check with your countries financial regulatory agency, that the broker has a license. Day traders should only invest with a local broker, that is regulated by their countries regulatory agency.

All online brokers, whether they are offering Crypto CFD's, Stock Trading or Forex Trading, are required by law to have a license. If your broker is not licensed, then they are an illegal scam. Always confirm that your broker is 100% authorized by the financial regulator.