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Contract reading

What LOYAL PRIMUS legally published, but does not want you to read

Every clause below is published by LOYAL PRIMUS itself, on its own website, today. The finding is not that the text exists. It is the distance between what a client is shown and what a client agreed to. Read from its own documents on .

Contracting entity: Loyal Primus LTD

sole discretionwithdrawalsbonus lockcounterpartydeemed acceptanceforced closureforum waiverhidden feekyc freezemarketing gap

Loyal Primus sells itself as FSCA regulated in South Africa. Its contract makes an International Business Company in Saint Vincent and the Grenadines your counterparty, and sends complaints and court claims there. Profit on any trade you close inside three minutes is void. An account left alone for three months pays $25 a month until the balance is gone.

Back to LOYAL PRIMUS

Contract risk

Money at risk
8.0/10

Where this contract sitsHow far this contract goes, overall. Under 2 is nothing beyond the ordinary; 6 to 9 means several clauses put money you have already earned at risk; 9 and above reads as designed to make payout refusable.

0510
CriticalClauses that can cost you money you have already earned or deposited, or that remove your ability to challenge it.
6
FlaggedEvery clause worth knowing about, at all three severities. Ordinary terms that every broker has are not counted.
20
DocumentsHow many of the broker's own legal files this reading is based on. Each one was downloaded and hashed on the date shown.
5
ContradictionsPlaces where a promise the broker makes in public is not kept by the clause that governs it.
6

How the 20 break downThe same flagged clauses, split by how much each one can cost you. Severity is our reading of the clause, not the broker's label.

Critical6
Warning12
Notice2

The numbers in this contractFigures taken from this broker's own clauses, so the labels differ from broker to broker. The four in the panel above are the same on every report.

3 of these 4 figures come from a clause we rate critical, which means it can take your money or your profit rather than only delay it.

Critical3Profit at risk. Jump to the clause this comes from.Profit voided on any trade closed under three minutesCritical$25Fee on an unused account. Jump to the clause this comes from.Dormant accounts pay $25 a month or the whole balanceCritical$2000In the contract. Jump to the clause this comes from.Bonus advertised with no limits is capped at $2,0003 working daysWithdrawal limit. Jump to the clause this comes from.Spanish site promises instant withdrawals, contract says days

What the documents say

20 clauses worth knowing about, worst first, each quoted from LOYAL PRIMUS's own files

01

Loyal Primus advertises that it is fully regulated by the FSCA in South Africa. Its contract says something else: clause 2 makes an International Business Company in Saint Vincent and the Grenadines the company you deal with.

Why this matters

You would be contracting with a Saint Vincent company, not a South African one. The FSCA rulebook and its complaints route are not yours to use. Clause 19.1 points you to an ombudsman in Saint Vincent instead.

Exhibit 1CriticalRarely seen

The company is authorized as an International Business Company under the International Business Companies (Amendment and Consolidation) Act 15 of 2016 and registered as Loyal Primus LTD.
Clause 2 in Terms of Business
Read from the broker's site on Open the reference
Our own capture of loyalprimus.com, taken on Sep 16, 2026The claim, on FSCA Regulation marketing page, under the heading 'Regulated by FSCA for Unrivaled Safety and Trust'Visit this page on the broker's siteDownload the full size image file
Our own capture of loyalprimus.com, taken on Sep 16, 2026What the contract says, clause 2This capture shows the page the quotation was taken from. The words themselves are not marked in it, so please read the quotation above as the evidence.Visit this page on the broker's siteDownload the full size image file
Our own capture of loyalprimus.com, taken on Sep 16, 2026The claim, on Spanish homepage, section headed 'Tus fondos. Siempre protegidos.'Visit this page on the broker's siteDownload the full size image file
Our own capture of loyalprimus.com, taken on Sep 16, 2026What the contract says, clause 19.1This capture shows the page the quotation was taken from. The words themselves are not marked in it, so please read the quotation above as the evidence.Visit this page on the broker's siteDownload the full size image file
Set against a regulated standard: FSCA (South Africa)

Firms the FSCA licenses in South Africa deal with clients through the licensed entity, and the licence covers that entity's business. Every legal document here names a company incorporated in Saint Vincent and the Grenadines.

LOYAL PRIMUS is not licensed by this regulator, so this is a comparison of practice, not a finding of any breach.

Our readingBrokers that run two entities normally say so and tell you which one you are signing with. Here no legal document mentions the FSCA or South Africa at all, so nothing in the contract connects the advertised licence to the company taking your money.

  • Worse together with Exhibit 9The advertised regulator is in South Africa while the clause that decides disputes sends you to courts in Saint Vincent.
02

Close a trade less than three minutes after opening it and Loyal Primus can wipe the profit. Clause 7.15 makes profit from trades held under three minutes null and void.

Why this matters

Fast trading is not unusual, and nothing on the platform warns you. A profitable trade closed at two minutes earns you nothing. Clause 7.11 limits what comes back to your original deposit.

Exhibit 2CriticalRarely seen3

If the user runs this type of Arbitrage EA or Scalping EA, the profit will be null and void. Similarly, scalping trades below 3 minutes will result in profits being null and void.
Clause 7.15 in Terms of Business
Read from the broker's site on Open the reference
Our own capture of loyalprimus.com, taken on Sep 16, 2026Profit voided on any trade closed under three minutes (clause 7.15)This capture shows the page the quotation was taken from. The words themselves are not marked in it, so please read the quotation above as the evidence.Visit this page on the broker's siteDownload the full size image file
Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA and CySEC have to set out the terms a retail client trades on before they trade, including any rule that would cancel a gain. This one sits in sub-clause 7.15 of a folded clause on unauthorized activities.

LOYAL PRIMUS is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Our readingAgreements that restrict scalping usually describe the behaviour and leave the firm to judge whether a client crossed the line. A fixed three minute threshold voids the profit automatically, with no test of what you intended.

  • Worse together with Exhibit 11One clause voids profit on a clock, the other on a definition of arbitrage broad enough to cover ordinary risk management.
03

Leave your account alone for three months and Loyal Primus starts taking $25 a month out of it. If less than $25 is left, clause 34.1 takes the rest of your balance instead.

Why this matters

A small balance you meant to come back to disappears. $25 a month empties a $100 account in four months. Clause 34.2 then removes the account for good, and nothing can restore it.

Exhibit 3CriticalHarder than usual$25

Dormant accounts will incur a maintenance fee of US$25 per month, or, if the available balance is less than US$25, the remaining account balance.
Clause 34.1 in Terms of Business
Read from the broker's site on Open the reference
Our own capture of loyalprimus.com, taken on Sep 16, 2026Dormant accounts pay $25 a month or the whole balance (clause 34.1)This capture shows the page the quotation was taken from. The words themselves are not marked in it, so please read the quotation above as the evidence.Visit this page on the broker's siteDownload the full size image file

What it costsAn account holding $100 loses $25 a month. After four months the balance is gone.

Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA and CySEC have to put all charges, inactivity charges included, in the costs information a retail client gets before trading. This one sits under heading 34, the last of 34, and the payments page never mentions it.

LOYAL PRIMUS is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

What happens, and when

The stages this clause runs through, taken from the broker's own document
TriggerWhat the broker may then doClause
Three months with no transactionsLoyal Primus classifies the account as dormant.34.1
Every month after that$25 is taken, or the whole remaining balance if it is under $25.34.1
Balance reaches zeroThe account may be closed.34.1
Day 90 with no loginThe account is removed permanently and cannot be restored.34.2
04

Loyal Primus can end your agreement at any time, with immediate effect, and without giving a reason. Clause 31 then lets it decide for itself what happens to your open positions.

Why this matters

Your open trades stop being yours to manage. The firm chooses how they close, and the same clause says it carries no liability for the outcome.

Exhibit 4CriticalHarder than usual

The Company shall have the right to freely set the consequences of such termination for the Client’s positions without incurring any liability.
Clause 31 in Terms of Business
Read from the broker's site on Open the reference
Our own capture of loyalprimus.com, taken on Sep 16, 2026Agreement can end at any time with no reason given (clause 31)This capture shows the page the quotation was taken from. The words themselves are not marked in it, so please read the quotation above as the evidence.Visit this page on the broker's siteDownload the full size image file
05

The bonus page offers 20% on every deposit and says there are no limits. Clause 5.5 of the bonus terms caps the credit you can ever collect at $2,000.

Why this matters

Deposits made after you hit the cap earn you no bonus at all. The page that made the offer never mentions a ceiling, and clause 4.1 confirms the credit stops at one.

Exhibit 5CriticalHarder than usual$2000

The maximum cumulative bonus credit that can be awarded ranges from 100 USD to 2,000 USD.
Clause 5.5 in Deposit Bonus and Bonus Account Terms and Conditions
Read from the broker's site on Open the reference
Our own capture of loyalprimus.com, taken on Sep 16, 2026The claim, on Deposit bonus landing page, 'Maximize Your Trading Power'Visit this page on the broker's siteDownload the full size image file
Our own capture of loyalprimus.com, taken on Sep 16, 2026What the contract says, clause 5.5This capture shows the page the quotation was taken from. The words themselves are not marked in it, so please read the quotation above as the evidence.Visit this page on the broker's siteDownload the full size image file

What it costsA $10,000 deposit at 20% would be $2,000 of credit. Clause 5.5 puts the highest cumulative credit at $2,000, so every later deposit adds nothing.

The firm rules on the dispute and caps what it can owe

Loyal Primus decides bonus disputes itself, and clause 6.5 makes its decision final. Clause 11.2 caps anything the firm might owe you at the money in your own account for that transaction. Clause 10.4 excludes lost profits altogether.

Challenging a decision2 clauses flagged

Loyal Primus settles any bonus dispute itself, and clause 6.5 makes its own decision final. No appeal, no outside reviewer, and no test the firm has to meet.

Why this matters

If your bonus credit or the profit made with it disappears, the firm that took it rules on whether that was right. Clause 11.2 then caps anything it could owe you.

Exhibit 7CriticalHarder than usual

Any disputes or issues will be resolved by the company, and its decision will be final.
Clause 6.5 in Deposit Bonus and Bonus Account Terms and Conditions
Read from the broker's site on Open the reference
Our own capture of loyalprimus.com, taken on Sep 16, 2026Loyal Primus decides bonus disputes and its word is final (clause 6.5)This capture shows the page the quotation was taken from. The words themselves are not marked in it, so please read the quotation above as the evidence.Visit this page on the broker's siteDownload the full size image file
  • Worse together with Exhibit 8The firm rules on the dispute, and a separate clause caps what it could ever have to pay you at money already in your account.

Whatever Loyal Primus does, clause 11.2 caps what it owes you at the money you already hold in your account for that transaction. Clause 10.4 rules out lost profits entirely.

Why this matters

You cannot recover more than your own money, so the firm's worst case is handing back what is already yours. A loss caused by its own systems is capped the same way.

Exhibit 8WarningHarder than usual

Our indemnification to you or any third party concerned, in any proven circumstances, is limited to the amount of money you maintain deposited in your account with us, relating to the transaction where such liability arose.
Clause 11.2 in Terms of Business
Read from the broker's site on Open the reference
Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA and CySEC cannot sign away the duties those regimes place on them, whatever the agreement says. This contract sets the ceiling at the client's own deposited balance.

LOYAL PRIMUS is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

No hidden charges, and no numbers either

Loyal Primus deducts processing fees, bank charges and administrative costs from any refund, and its Refund Policy names no amount for any of them. The payments page promises deposits and withdrawals with no hidden charges. Every withdrawal fee on that same page is given as a rate somebody else sets.

Cost disclosure1 clause flagged

The payments page promises deposits and withdrawals with no hidden charges. The Refund Policy takes processing fees, bank charges and administrative costs out of any refund, and names no figure for any of them.

Why this matters

You cannot work out what a refund will cost you before you ask for one. Clause 4 of the Terms also credits your account with the net amount received, so charges taken on the way in come out of your deposit.

Exhibit 13WarningHarder than usual

Any processing fees, bank charges, or administrative costs incurred during the refund processwill be deducted from the refund amount.
Clause 4 in Refund Policy
Read from the broker's site on Open the reference
Our own capture of loyalprimus.com, taken on Sep 16, 2026The claim, on Payment Methods page, opening lineVisit this page on the broker's siteDownload the full size image file
Our own capture of loyalprimus.com, taken on Sep 16, 2026What the contract says, clause 4This capture shows the page the quotation was taken from. The words themselves are not marked in it, so please read the quotation above as the evidence.Visit this page on the broker's siteDownload the full size image file
Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA and CySEC have to disclose costs and charges to a retail client before they trade, in cash terms where they can. Neither the refund deductions nor the withdrawal fees here carry a number anywhere on the site.

LOYAL PRIMUS is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

  • Worse together with Exhibit 3The page promising no hidden charges is the same page that never mentions the $25 monthly dormancy fee.

Instant in Spanish, one to three working days in the contract

1 to 3 working days is what the Loyal Primus contract allows for a bank withdrawal, while its Spanish homepage advertises instant withdrawals. The AML policy gives the firm an absolute right to refuse, delay or cancel any transaction at any stage. Refunds run on their own clock: 7 days from the deposit to ask, then up to 14 business days to be paid.

Getting paid2 clauses flagged

The Spanish homepage sells instant withdrawals and access to your money anytime. The contract gives Loyal Primus 1 to 3 working days for a bank withdrawal, and the AML policy lets it delay any transaction on top of that.

Why this matters

You plan around same day access and the contract does not promise it. Clause 4 also lets the firm decide, at its discretion, whether a card or e-wallet deposit can be paid back to your bank.

Exhibit 6WarningHarder than usual3 working days

Withdrawals to bank accounts may take a longer period (1-3 working days except for public holiday) to be credited to your account.
Clause 4 in Terms of Business, Withdrawals & Deposits
Read from the broker's site on Open the reference
Our own capture of loyalprimus.com, taken on Sep 16, 2026The claim, on Spanish homepage feature heading, above the line 'Accede a tus fondos fácilmente en cualquier lugar y en cualquier momento'Visit this page on the broker's siteDownload the full size image file
Our own capture of loyalprimus.com, taken on Sep 16, 2026What the contract says, clause 4This capture shows the page the quotation was taken from. The words themselves are not marked in it, so please read the quotation above as the evidence.Visit this page on the broker's siteDownload the full size image file

You get 7 days from the deposit to ask Loyal Primus for a refund, and only if the money has not been traded. Clause 3 then lets the firm send it back by any payment method available, without telling you first.

Why this matters

Miss the seven days and the deposit is not refundable at all. You also do not choose where the money lands, which matters if the account it arrives in is not the one you funded from.

Exhibit 14WarningHarder than usual7 days

Refund requests must be submitted within 7 days of the deposit.
Clause 2 in Refund Policy
Read from the broker's site on Open the reference

A three minute trade can end with no profit at all

Close a trade inside three minutes and clause 7.15 of the Loyal Primus terms makes the profit null and void. Clause 7.3 defines arbitrage as any trading that removes risk, which is broad enough to reach ordinary hedging. Where the firm finds an unauthorized activity, clause 7.11 limits what comes back to your original deposit.

Voided gains1 clause flagged

Clause 7.3 treats any trading result that removes risk, wholly or largely, as arbitrage, and arbitrage is an unauthorized activity. Loyal Primus can then void the profit and hand back only what you deposited.

Why this matters

Reducing risk is what hedging is for, and clause 7.5 lists hedging separately as bad faith. The wording is broad enough to reach trading you would call careful.

Exhibit 11WarningHarder than usual

Describes any trading result that is the outcome of actions that either eliminate the risk totally or significantly, usually abusing features provided by the Company.
Clause 7.3 in Terms of Business
Read from the broker's site on Open the reference

Taking money out takes your bonus margin with it

Every withdrawal from a Loyal Primus bonus account removes bonus credit in proportion, so taking out half your money takes half your margin. Clause 4.7 wipes the credit entirely at a margin call or stop out. Profit made with the credit is withdrawable with no turnover requirement, which is better than most bonus schemes.

Credit strings1 clause flagged

Take money out of a Loyal Primus bonus account and the bonus credit shrinks by the same percentage. Withdraw half your funds and clause 5.8 removes half the credit holding your positions up.

Why this matters

Your open trades lose margin at the moment you withdraw, which can push you into a stop out. Clause 6.4 says the firm is not liable for what that closure costs you.

Exhibit 10WarningStandard wording

Withdrawals from the Bonus Account will result in a proportional removal of the bonus credit. For instance, if a client withdraws 50% of the available funds, 50% of the bonus credit will also be deducted accordingly.
Clause 5.8 in Deposit Bonus and Bonus Account Terms and Conditions
Read from the broker's site on Open the reference

What it costsWithdraw 50% of your funds and 50% of the credit goes with it. On the $40 of credit in the firm's own table, that is $20 less margin.

  • Only applies after Exhibit 5The clawback only reaches credit you were actually granted, which clause 5.5 caps well below what the bonus page implies.

Loyal Primus can end the relationship and decide what happens to your trades

Clause 31 lets Loyal Primus end the agreement at any time, with immediate effect, without giving a reason, and then set what happens to your open positions itself. Clause 18.1 lets it rewrite the terms without notice, and your next trade counts as agreement. Two accounts on one IP address can cost you both accounts and every position in them.

Exit conditions3 clauses flagged

Loyal Primus can rewrite any part of this agreement at any time, without telling you first. Your next trade after a change counts as your acceptance of it, under clause 18.1.

Why this matters

You can agree to a new fee or a new restriction by placing an ordinary order. Nothing obliges the firm to send you the new wording.

Exhibit 12WarningStandard wording

We may, at our discretion, change any or all of the terms of this Agreement, at any time and without prior notice. If you make any transaction on or after the amendments to this Agreement have come into effect, you will be deemed to have accepted the changes.
Clause 18.1 in Terms of Business
Read from the broker's site on Open the reference

Loyal Primus allows one active trading account per client. Where it finds accounts sharing an address, an IP or a trading pattern, clause 7.10 lets it close the accounts and every open position in them.

Why this matters

Two people trading from one home connection can meet this test without doing anything wrong. Clause 26 does soften it: extra accounts are allowed in different currencies or classifications, and you are normally left with your original one.

Exhibit 16WarningStandard wording1

Where this activity is discovered, the Company reserves the right to close the affected accounts and all related open trading positions.
Clause 7.10 in Terms of Business
Read from the broker's site on Open the reference

Loyal Primus advertises leverage up to 1:3000 on small accounts. Clause 25.3 lets it cut that up to an hour before the market opens or closes and during major news, which is when you would be using it.

In plain words

Liquidity providers are outside banks and brokers.

Why this matters

Leverage means borrowed size: at 1:3000, $200 supports a $600,000 position. Clause 7.6 also treats opening a position that uses nearly all your free balance as an unauthorized activity.

Exhibit 17WarningRarely seen

Loyal Primus may, at its discretion, reduce leverage up to one hour before market opening or closing, as well as during periods of major news announcements.
Clause 25.3 in Terms of Business
Read from the broker's site on Open the reference

What it costsAt 1:3000, $200 of your own money supports a position of $600,000.

Set against a regulated standard: ESMA (EU), FCA (UK)

Under ESMA rules, and the FCA rules that follow them, retail leverage on major currency pairs is capped at 1:30. This contract offers up to 1:3000 on accounts under $200.

LOYAL PRIMUS is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Our readingLeverage at 1:3000 is far above what most jurisdictions allow retail clients. The unusual part is the pairing: the same contract sells the leverage and then classifies using most of your balance as margin as prohibited conduct.

Any claim ends in Saint Vincent and the Grenadines

Disputes with Loyal Primus end in the courts of Saint Vincent and the Grenadines under clause 26.1, after an arbitrator both sides have to agree on. Clause 19.1 sends complaints to the Financial Ombudsman of the Republic of SVG. Neither route is the South African one a reader of the FSCA page would expect.

Where a claim goes1 clause flagged

A dispute you cannot settle with Loyal Primus goes to an arbitrator you both have to agree on, then to the courts of Saint Vincent and the Grenadines. Clause 19.1 sends complaints to an ombudsman there too.

Why this matters

Neither route is in South Africa, whatever the FSCA page says. If the firm will not agree on an arbitrator with you, what is left is a court on a Caribbean island.

Exhibit 9WarningStandard wording

If we still cannot reach an agreement with you, the issue will be resolved before the Courts in the St. Vincent and the Grenadines as governing law.
Clause 26.1 in Terms of Business
Read from the broker's site on Open the reference
Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA and CySEC have to give retail clients access to an independent complaints scheme that is free to use. This contract names an ombudsman in Saint Vincent and an arbitrator both sides must agree to appoint.

LOYAL PRIMUS is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Fifteen days to verify, and your data outlives the account

15 days is all a new Loyal Primus client gets to have documents approved. Miss it and clause 4 closes the account and shuts open positions at 23:50 GMT on the fifteenth day. The privacy policy keeps your data after you leave wherever the firm finds it commercially necessary.

Verification2 clauses flagged

New clients have 15 days to get identification documents approved. Miss it and Loyal Primus closes the account, and clause 4 shuts any open or pending positions at 23:50 GMT on the fifteenth day.

Why this matters

A verification queue you do not control can close your trades at a moment you did not choose. Losses are then deducted from the money returned to you.

Exhibit 15WarningHarder than usual15 days

(c) If your identification documents are not approved within 15 days from opening your account, we will close your account and you will no longer be able to trade or deposit.
Clause 4(c) in Terms of Business
Read from the broker's site on Open the reference

What happens, and when

The stages this clause runs through, taken from the broker's own document
TriggerWhat the broker may then doClause
Day 15Documents must be collected and approved by this point.4(b)
Day 15, not approvedLoyal Primus closes the account, and you can no longer trade or deposit.4(c)
23:50 GMT on day 15Open and pending positions are closed at the current rate.4(d)
After closureCredits and bonuses are removed, profits are returned by bank transfer, and losses are deducted from the returned funds.4(e)

Loyal Primus keeps and uses your data after your account closes wherever it finds that commercially necessary, not only where the law requires it. The list of people it shares with includes your employment referee and debt recovery firms.

Why this matters

Closing the account does not end what happens to your information. Withdrawing your consent, under clause 17, suspends or terminates the account instead.

Exhibit 19WarningHarder than usual

*Loyal Primus reserves the right to retain or access client data post-termination where legally or commercially necessary.
Clause 12 in Privacy Policy
Read from the broker's site on Open the reference

You agreed to a conflicts policy nobody can read

Clause 24.1 of the Loyal Primus Terms of Business says you have read and agreed to the firm's Conflicts of Interest Policy. That document is not published anywhere on loyalprimus.com. Neither is the Order of Execution Policy that clause 4 says you consented to.

Unpublished terms1 clause flagged

Clause 24.1 says you have read and agreed to the Conflicts of Interest Policy, and clause 4 says the same about the Order of Execution Policy. Neither document is published anywhere on loyalprimus.com.

Why this matters

You are agreeing to terms you cannot read. The conflicts policy is where a broker normally says whether it takes the other side of your trades.

Exhibit 18NoticeHarder than usual

By entering into this Client Agreement you acknowledge that you have read, understood and agreed to the principles stated in the Conflicts of Interest Policy of the Company. Please read the Company’s Conflict of Interest Policy here.
Clause 24.1 in Terms of Business
Read from the broker's site on Open the reference

Loyal Primus LTD, company number 26626 BC 2022

Loyal Primus LTD is an International Business Company in Saint Vincent and the Grenadines, and that is the company a client contracts with. No legal document on the site mentions the FSCA, South Africa, or the licence the marketing pages rely on. The privacy policy is built around the AML/CTF Act, an Australian statute, and no compensation scheme is named anywhere.

Who you deal with1 clause flagged

The company you contract with is Loyal Primus LTD, number 26626 BC 2022, in Saint Vincent and the Grenadines. Its privacy policy is written around the AML/CTF Act, the short name of an Australian statute, while its AML policy says it follows Saint Vincent law.

Why this matters

Three countries appear across five documents and the marketing, and no document tells you which rules protect your money. No compensation scheme is named anywhere.

Exhibit 20NoticeStandard wording

Loyal Primus Ltd (referred to as the "Company") is an entity incorporated in Saint Vincent and The Grenadines with the following registrations: Company Number 26626 BC 2022.
Clause 2.1 in Deposit Bonus and Bonus Account Terms and Conditions
Read from the broker's site on Open the reference
Set against a regulated standard: FSCA (South Africa)

Firms licensed by the FSCA publish which entity holds the licence and what it covers. These documents name a Saint Vincent company, cite an Australian act, and mention no compensation scheme.

LOYAL PRIMUS is not licensed by this regulator, so this is a comparison of practice, not a finding of any breach.

Where the marketing and the contract disagree

A promise made in public, set against the clause that governs it

01

The marketing page names a South African regulator, and the contract names a Saint Vincent company with no regulator in South Africa.

Said in public, in English

We're glad to herald that we are wholly governed by the Financial Sector Conduct Authority (FSCA) in South Africa.

FSCA Regulation marketing page, under the heading 'Regulated by FSCA for Unrivaled Safety and Trust'

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of loyalprimus.com

In the contract · clause 2

The company is authorized as an International Business Company under the International Business Companies (Amendment and Consolidation) Act 15 of 2016 and registered as Loyal Primus LTD.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of loyalprimus.com

02

The Spanish page calls the firm multi-regulated, and the contract names one regulator, in Saint Vincent.

Said in public, in Spanish

Opera con confianza a través de un corredor multirregulado respaldado por sólidas asociaciones con los principales bancos globales, asegurando que tus fondos permanezcan seguros en todo momento.

Word for word in English: Trade with confidence through a multi-regulated broker backed by solid partnerships with the main global banks, making sure your funds stay safe at all times.

Spanish homepage, section headed 'Tus fondos. Siempre protegidos.'

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of loyalprimus.com

In the contract · clause 19.1

Loyal Primus is regulated by SVGFSA. If we have dealt with your query, but you still feel unhappy, you may address your complaint to the Financial Ombudsman of the Republic of SVG.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of loyalprimus.com

03

The offer says no limits, and its own terms cap the credit at $2,000.

Said in public, in English

Amplify your trades! Get a 20% bonus on every deposit of $15 or more into your bonus trading account, with no limits.

Deposit bonus landing page, 'Maximize Your Trading Power'

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of loyalprimus.com

In the contract · clause 5.5

The maximum cumulative bonus credit that can be awarded ranges from 100 USD to 2,000 USD.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of loyalprimus.com

04

The Spanish page promises instant withdrawals, and the contract allows 1 to 3 working days.

Said in public, in Spanish

Retiros Instantáneos

Word for word in English: Instant withdrawals

Spanish homepage feature heading, above the line 'Accede a tus fondos fácilmente en cualquier lugar y en cualquier momento'

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of loyalprimus.com

In the contract · clause 4

Withdrawals to bank accounts may take a longer period (1-3 working days except for public holiday) to be credited to your account.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of loyalprimus.com

05

The payments page promises no hidden charges, and the Refund Policy deducts costs it never quantifies.

Said in public, in English

Enjoy seamless deposits and withdrawals using local banks, e-wallets, and crypto — with no hidden charges.

Payment Methods page, opening line

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of loyalprimus.com

In the contract · clause 4

Any processing fees, bank charges, or administrative costs incurred during the refund processwill be deducted from the refund amount.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of loyalprimus.com

06

The Spanish page promises no hidden costs, and clause 34.1 charges $25 a month or takes the rest of the balance.

Said in public, in Spanish

Disfruta de un comercio justo sin costes ocultos y sin comisiones de swap

Word for word in English: Enjoy fair trading with no hidden costs and no swap fees

Spanish homepage, feature block headed 'Sin Costos Ocultos'

In the contract · clause 34.1

Dormant accounts will incur a maintenance fee of US$25 per month, or, if the available balance is less than US$25, the remaining account balance.

The documents this reading is based on

5 files, all published by LOYAL PRIMUS. Each shows when we read it and a fingerprint of its wording.

WIKILIX keeps the copy of each file it read, and does not republish it: what is published is the fingerprint of its wording. Download the file yourself and hash its text, lowercased with runs of whitespace collapsed, and a matching fingerprint means the wording quoted above is still the wording LOYAL PRIMUS publishes.

How this reading was done

Every clause above was read out of a document LOYAL PRIMUS publishes itself

This reading was published on .

Documents
5 of 5downloaded from the broker's site, and 5 read in full
Pages opened
26pages walked to find those documents, footer links included
Marketing pages
5public pages set against what the contract says
Languages
EN vs ESthe language it advertises in, against the language it contracts in

Who the contract is with

Loyal Primus LTD

Your contract is with Loyal Primus LTD, an International Business Company registered in Saint Vincent and the Grenadines under company number 26626 BC 2022. The AML policy and the bonus terms both print that number. The Refund Policy names a different company, Loyal Primus PTY LTD, and settles refunds at its sole discretion. No legal document on the site mentions South Africa or the FSCA anywhere.

Quotations are copied verbatim from the documents named above, with the clause number and the page each one came from. Where a clause is quoted in another language, the original is shown first and the English is a translation.

The plain-language parts, what a clause means for a client, how ordinary it is, and how it reads against a regulated standard, are WIKILIX's analysis and are labelled as such on every card. This is a reading of public documents, not legal advice and not an allegation of wrongdoing.

In fairness, and what we could not check

A reader who knows the edges of the work can trust the middle of it

Client money sits in separate client bank accounts, which clause 4 states plainly. Clause 7.9 says Loyal Primus offers negative balance protection, so a losing position should not leave you owing money. Clause 25 publishes the whole leverage table by account size, and clause 27 publishes the 35% stop out level, which many brokers bury in a help page. The bonus terms beat most: clause 5.7 lets you withdraw profit made with bonus credit with no turnover requirement, and clause 5.8 works the removal through with real numbers.

Every clause on these policy pages stays folded until you tap its heading, so each page opens showing only a list of numbered titles. We opened all of them and read every clause, and each quotation here comes from those pages on loyalprimus.com. No earlier version of any of these documents is available, so this is a first reading with nothing to compare against. The Conflicts of Interest Policy and the Order of Execution Policy that clause 24.1 and clause 4 say you have already agreed to are not published anywhere on the site, so we could not read either one. Clause 32 carries a heading about loyalty points and no text at all. We did not see the client portal or anything shown during registration.

How to check any of this yourself

Every quote above links to the LOYAL PRIMUS file it came from. This is what to do with it.

Open the three stepsFind the words in the source, work out the fingerprint, and read what a difference does and does not prove.

Open the source and search for the words

Every quote has a link under it. Open the file, or the web page, and search it for the words we quote. The clause number next to the quote tells you where to look.

If the words are not there any more, the source may have changed after we read it. That is worth knowing too. We keep the date we read it, and a code worked out from its wording, so the quote stays checkable.

What a fingerprint is

A fingerprint is a code worked out from what a source says. Change one word and the code changes completely. We keep two codes for every file we read, and the panel on each source shows both.

The first is the code of the exact file we downloaded. The second is the code of its wording alone, with capital letters lowered and runs of spaces collapsed. When the same words are saved as a new file, the first code changes and the second one stays the same.

Only the first code can be worked out on your own computer. Save the file, then run one of these, putting the name of the file you saved where the example is. The panel on each source prints the command with that source's real file name already in it.

macOS or Linux:
  shasum -a 256 the-file-you-saved.pdf

Windows:
  certutil -hashfile the-file-you-saved.pdf SHA256

The two codes are different from each other, and they are not meant to match. Comparing one against the other proves nothing.

What a difference means, and what it does not

A different file code on its own proves nothing. A PDF saved again with a new date inside it is a new file saying exactly the same thing.

A different wording code means the words themselves changed. That is the one that matters, and it is why we keep it.

Even then, a change is not proof of bad faith. Companies update their documents. What this report says is what the document said on the day we read it, and every quote carries that date.

A source that is a web page and not a file has no file to save, so only the code of its wording is shown.

How this report is made

Every clause quoted above comes from a document LOYAL PRIMUS publishes on its own website, downloaded and hashed on the date shown, with the clause number and page recorded so any reader can check it. We do not allege anything the documents do not say, and we do not judge LOYAL PRIMUS on anything other than its own published terms and its own public marketing. Where a clause has a qualifier that softens it, the report says so. Last read Sep 16, 2026.

If you represent LOYAL PRIMUS and a clause has changed, been withdrawn, or is being read out of context, tell us and we will re-read the documents and update this page. Corrections from the broker are welcome and are published with the reading they change. Contact us.

This is a reading of a contract, not legal advice and not a ruling on LOYAL PRIMUS. Whether its licence is real and current is a separate check on the broker profile.

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