FSA — Australia
Leo Inc Limited
Licence
leo Review — Overview
Regulation
Tier-1 regulated
Licence
FSA • VFSC
Licence status
Active
Platforms
MT4
Max. leverage
1:1000
Instruments
Forex, spot metals, energies, indices
Typical spread
From 1.6 pips (Classic account)
Operating
Est. 1997
Main market
NL
Entity
Leo Inc Limited
Website
Unknown
leo is a forex & CFD broker based in Australia, established in 1997. On Trust Broker Hub it holds a Trust Score of 5.9 out of 10, which we rate as Fair — above the industry average of 3.3/10. Mixed profile — check regulation and conditions before depositing.
Crucially, leo is regulated by FSA and VFSC, including at least one tier-1 regulator. Tier-1 regulation is the strongest sign of legitimacy: it normally requires segregated client funds, regular audits and access to a compensation scheme if the broker fails — meaningful protection for your money.
leo provides access to Forex, spot metals, energies, indices. Published conditions include leverage up to 1:1000. No complaints are currently on record. Overall, leo has a mixed profile: check its regulation and conditions carefully before depositing.
Trust score breakdown
How is this calculated?Trust Score history
leo currently scores 5.9/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- Regulated by a tier-1 authority
- No unresolved complaints on record
- Listed in our verified broker directory
Cons
- Always verify the licence directly before depositing
Regulation
Tier 1 · Top
Verified
VFSC — Vanuatu
Leo Inc Limited
Licence
Tier 3 · Offshore
Verified
Offshore (tier-3) regulators typically have lower capital requirements and no compensation scheme. Funds may not be protected if the broker fails.
Trading conditions
| Instruments | Forex, spot metals, energies, indices, and stocks |
| Minimum deposit | Not disclosed |
| Maximum leverage | 1:1000 |
| Typical spread | From 1.6 pips (Classic account) |
| Platforms | MT4 |
| Demo account | ✅ |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on leo
Our analysis · editorial
5.9/10
A mixed risk profile
leo holds a tier-1 regulatory licence among its 2 registrations (FSA, VFSC). Based in Australia, it has been operating for about 29 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 5.9/10 — a mixed profile.
Strengths
- Authorised by a tier-1 regulator (FSA, VFSC)
- Holds 2 regulatory licences across multiple jurisdictions
- Long 29-year operating track record
- No complaints on record with us
- Supports MT4 trading
Watch-outs
- Very high leverage available (1:1000) — amplifies risk
Bottom line: Proceed with caution: start with a small deposit and test a withdrawal early.
This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.
User reviews
5 0
4 0
3 0
2 0
1 0
leo — Questions & Answers
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Complaints & alerts
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag leo here if that changes.
Full specifications
Regulated region
Australia
Operating period
5-10 years
Main market
NL
Instruments
Forex, spot metals, energies, indices, and stocks
Year founded
1997
Frequently asked
Is leo a safe broker?
leo scores 5.9 / 10 on our Trust Score, above the 3.3 industry average. It holds tier-1 regulation, which offers strong investor protection. It has no complaints on record. Trade only with funds you can afford to lose.
How is the leo trust score calculated?
The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top. Read our methodology.
What does "offshore regulated" mean?
It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.
Can I withdraw funds easily from leo?
leo publishes some trading terms, but always confirm withdrawal fees directly. Test with a small amount first and document every transaction.