Score
Kato Prime
Hong Kong|2-5 years| https://katoprime.com/
Website
Rating Index
MT4/5 Identification
MT4/5 Identification
Full License
United KingdomContact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Hong Kong
2-5 years Suspicious Regulatory License MT5 Full License Regional Brokers High potential riskAccount Information
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
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Website
katoprime.com
Server Location
Singapore
Website Domain Name
katoprime.com
Server IP
54.255.254.145
Company Summary
| Kato Prime | Basic Information |
| Registered Country/Region | Hong Kong |
| Founded in | 2021 |
| Regulation | No license |
| Trading Instruments | Cryptocurrencies, Stocks & ETFs, CFD |
| Demo Account | Available |
| Max Leverage | Up to 1:3003 |
| Spread | Low, not specified |
| Trading Platform | MT4, MT5 |
| Min Deposit | $15 |
| Customer Support | 24/7-Live chat, Telegram, WhatsApp, Contact form |
| Phone: +85 223618699 | |
| Email: support@katoprime.com | |
| Facebook, Instagram | |
| Registered address: The registered address is at 9/F, Amtel Building, 148 Des Voeux Road Central, Central, Hongkong | |
| Office location: Flat 7 15/F Ho King Commercial Centre 2-16 FA Yuen Street Mong Kok Kowloon Hong Kong |
Kato Prime Information
Kato Prime is an unregulated brokerage firm registered in Hong Kong. It claims to offer cryptocurrencies, ctocks & ETFs, and CFD trading with leverage up to 1:3003 and only $15 minimum deposit requirement via the MT4 and MT5 trading platforms.
Pros & Cons
| Pros | Cons |
| Low minimum deposit required | Limited range of trading instruments |
| Advanced trading platforms, MT4 and MT5 trading platform | Limited availability in certain jurisdictions |
| Multiple account types | Limited availability of trading tools and features |
| Lack of social trading or copy trading capabilities |
Is Kato Prime Legit?
Kato Prime asserts that it safeguards client funds by holding them in segregated trust accounts with international banks, which is a positive indicator of its commitment to financial security.
Market Intruments
Kato Prime offers cryptocurrencies, stocks and exchange-traded funds (ETFs), and contracts for difference (CFDs).
Cryptocurrencies, a relatively new asset class, have gained immense popularity in recent years, and this broker provides access to various cryptocurrencies, such as Bitcoin, Ethereum, and Litecoin, which can be traded on their platform.
Stocks and ETFs are popular traditional investment vehicles that provide traders with exposure to a variety of companies and sectors.
CFDs are a type of derivative product that allow traders to speculate on the price movements of various assets without actually owning them
Account Types
Kato Prime has established a multi-tiered account structure.
| Account Type | Minimum Deposit |
| Advanced | $15 |
| Raw Premium | $50 |
| Raw Platinum | $3,000 |
With a low minimum deposit requirement of $15, traders can open the K's Advanced Account, and trade without commissions.
For more experienced traders looking for advanced trading features and tools, the K's Raw Premium Account is the perfect choice. This account offers lower spreads and faster trade execution, as well as access to more sophisticated trading tools and platformsent of $50, traders can take advantage of the advanced features and tools available to help them make more informed trading decisions.
At the top of the account structure is K's Raw Platinum Account, which has been specifically designed for professional traders and investors seeking a highly customized and personalized trading experience. With a minimum deposit requirement of $3,000, this account offers the lowest spreads and fastest trade execution,.
Leverage
According to the Kato Prime website, they offer leverage of up to 1:3003. This means that clients can trade with up to 3003 times the amount of their initial investment, which can magnify both profits and losses.
Spreads & Commissions
Based on the information available on the Kato Prime website, the spreads charged by the broker are not specified. However, they do charge trading commissions for their Premium and Platinum account types, $7 commission free per lot, while there is no commission for the Advanced account.
| Account Type | Spread | Commission |
| Advanced | Low | No |
| Raw Premium | Lowest, not specified | $7 commission free per lot |
| Raw Platinum |
Trading Platform
Kato Prime offers two popular trading platforms for their clients, MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms are widely used in the forex and CFD trading industry and offer a variety of trading tools and features to support traders in their trading activities.
The MT4 platform is a popular choice for forex traders and offers advanced charting tools, a wide range of technical indicators, and the ability to automate trading strategies using Expert Advisors (EAs). It also allows traders to execute trades with one-click, manage multiple orders and positions, and access real-time news and analysis.
The MT5 platform is a more advanced version of the MT4 and offers additional features such as more advanced charting capabilities, an economic calendar, and the ability to trade a wider range of financial instruments including stocks, commodities, and futures.
Deposit & Withdrawal
Kato Prime supports several deposit and withdrawal methods for its clients, including PayVersa, AwePay, FasaPay, and Credit/Debit Cards. Here are some details about each method:
- PayVersa: This is an e-wallet payment method that allows for instant deposits and withdrawals. The minimum deposit amount is $100, and there are no deposit fees.
- AwePay: AwePay is a payment gateway that allows for deposits via bank transfers and credit/debit cards. The minimum deposit amount is $100, and there are no deposit fees.
- FasaPay: FasaPay is an e-wallet payment method that allows for deposits and withdrawals in multiple currencies. The minimum deposit amount is $50, and there are no deposit fees.
- Credit/Debit Cards: Kato Prime accepts Visa and Mastercard for deposits and withdrawals. The minimum deposit amount is $100, and there are no deposit fees. Withdrawals via credit/debit cards may take up to 3-5 business days to process.
Customer Support
24/7 support
Live chat, Telegram, WhatsApp
Contact form, Facebook, Instagram
Phone: +85 223618699
Email: support@katoprime.com
Registered address: The registered address is at 9/F, Amtel Building, 148 Des Voeux Road Central, Central, Hongkong
Office location: Flat 7 15/F Ho King Commercial Centre 2-16 FA Yuen Street Mong Kok Kowloon Hong Kong
Q&A
Is Kato Prime safe to trade?
No. It currently has no valid regulations. Trading with them has risks.
Does Kato Prime offer demo accounts?
Yes.
Is Kato Prime a good forex broker for beginners?
No. We don't advise any traders trade with unregulated brokers.
Are there any regional restrictions on Kato Prime?
Yes. It does not offer services to residents of certain countries, including but not limited to Australia, Belgium, France, Iran, Japan, North Korea, and the USA.
Keywords
- 2-5 years
- Suspicious Regulatory License
- MT5 Full License
- Regional Brokers
- High potential risk
News
News WikiFX Reviews Kato Prime in Depth
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.
2023-10-05 17:05
News Is Kato Prime a Trustworthy Broker?!
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!
2023-06-22 17:12
News WikiFX Review: Can Kato Prime make your money safe?
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.
2022-09-22 17:45
Review 13
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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
2023-07-08
FX3330752799
Bangladesh
Scem kato prime to me
Exposure
2023-05-11
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
2022-10-12
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
2022-09-20
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
2022-09-16
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
2022-09-16
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
2021-12-08
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
2023-12-01
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
2023-11-30
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
2023-02-21
Alice S.Saitama
New Zealand
Making changes to my account settings is super easy. Very user-friendly interface for managing everything.
Positive
06-27
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
05-29
Lucas1.0
Cyprus
Helpful stuff which was patient with my long explanation concerning my account problem
Positive
04-30