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The WikiFX Score of this broker is reduced because of too many complaints!

Prospero

Saint Vincent and the Grenadines | 10-15 years |
ECN Account Stoppage of Business | Suspicious Regulatory License | Self-developed | Suspicious Scope of Business | High potential risk

https://www.prosperoglobal.com/

Website

Rating Index

Influence

Influence

D

Influence index NO.1

Vietnam 2.83
Surpassed 17.50% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

enquiries@prosperoglobal.com
https://www.prosperoglobal.com/
The Financial Service Centre Stoney Ground, Kingstown St. Vincent and the Grenadines
https://www.facebook.com/people/Prospero-Markets/100071362721409/
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

Licensed Entity:Prospero Markets Pty Ltd

License No. 423034

Keywords 6
Stoppage of Business
10-15 years
Suspicious Regulatory License
Self-developed
Suspicious Scope of Business
High potential risk
Warning: Low score, please stay away!
2025-08-29
  • This broker bas been verified to be stoppage of business, and it has been listed in WikiFX's Stoppage of Business list. Please be aware of the risk!
3

Basic Information

Registered Region
Saint Vincent and the Grenadines
Operating Period
10-15 years
Company Name
Prospero Markets LLC
Abbreviation
Prospero
Company employee
--
Customer Service Email Address
enquiries@prosperoglobal.com
Company address
The Financial Service Centre Stoney Ground, Kingstown St. Vincent and the Grenadines

禅心看世界✨

Unverified

Hong Kong

With more than 110,000 US dollars, there has been no progress in withdrawing money for 4 months now, and it is delayed every day. Every time they said I could handle it right away, they ended up breaking promise. Customer service is no longer responding now.

Exposure

2024-02-28

FX8319321191

Unverified

Hong Kong

I kept waiting, unable to withdraw money, the account manager could not reply, and the online customer service did not give a withdrawal time!

Exposure

2024-02-19

10%

Unverified

Hong Kong

Deposit and trading are allowed. But withdrawal is not allowed and customer service just ignored it. The amount in my account including principal and profit are just hundreds of dollars, but I can't withdraw it. Ehhhh

Exposure

2024-01-14

Sandence

Unverified

Taiwan

Spreads are low, but customer service could be quicker to respond. Still, love the trading experience overall.

Neutral

2024-08-06

nues

Unverified

South Africa

Like their high leverage and low spreads!

Positive

2024-04-19

冰糖2049

Unverified

Hong Kong

I have been withdrawing money for a month. The withdrawal on October 30 was not processed until November 18. So far, it has not been received. Customer service has made various excuses.

Exposure

2023-11-29

L1545

Unverified

Hong Kong

Prosper account: 10006112 (247,416.43 US dollars, 50,000 US dollars will be deducted on November 1, 2023 (only 5.9 RMB), current value is 197,416.43 US dollars) Withdrawal on October 26,2023: 80,000 US dollars (no deduction) Withdrawal on October 27, 2023: 50,000 US dollars (debited, 59,000 RMB will be credited on November 1, the rest has not yet arrived) Withdrawal on October 30, 2023: 117,416 US dollars (no deduction)

Exposure

2023-11-24

FX3775019294

Unverified

Hong Kong

I applied for a withdrawal of US$3,122 on the 28th of last month, but only part of it has been received so far. Customer service asked me to wait, and still no answer. At the same time, another withdrawal is also displayed as being processed.

Exposure

2023-11-15

禅心看世界✨

Unverified

Hong Kong

Account number: 10006231 Withdrawal amount on October 26, 2023: 40,000 US dollars (no deduction) Withdrawal amount on October 30, 2023: 46,940 US dollars (no deductions) Today is November 13th and still no payment has been deducted. I contacted online customer service and said there was a channel problem. They said it would be processed in a week from the 1st, but now they say it will take another two weeks, which keeps delaying the time.

Exposure

2023-11-13

58K

Unverified

Hong Kong

it’s been two weeks since you made the withdrawal and it still hasn’t arrived. your withdrawal request from Prospero global account 10023992 has been successfully submitted on 2023-10-30 09:23:14

Exposure

2023-11-10

KM60228

Unverified

Hong Kong

It has been two weeks since the withdrawal has not arrived. Account 10022855 has submitted a withdrawal application 3514.60 2023-10-30 14:22

Exposure

2023-11-10

启航1534

Unverified

Hong Kong

The funds withdrawn on October 30 have not arrived. Please handle it. Thank you.

Exposure

2023-11-09

难。

Unverified

Hong Kong

Since the withdrawal on 10.31, it has not been processed until now. It is said that something happened to the channel and it is being rebuilt. It will take another two weeks. Is it about to run away? ? ?

Exposure

2023-11-08

加一

Unverified

Hong Kong

It has been a week since I applied for a withdrawal, and it is still being processed, and the customer service has not responded. Does stopping the business now mean that I can’t withdraw? ? ?

Exposure

2023-11-06

段小超

Unverified

Hong Kong

Unable to withdraw money, customer service was evasive. I applied for a withdrawal three days ago, but got no reply. Please be careful.

Exposure

2023-11-06

黄昏追逐黎明

Unverified

Hong Kong

It’s been over a week, why not expose that it doesn’t allow withdrawals? Not a segregated account at all.

Exposure

2023-11-02

FX3775019294

Unverified

Hong Kong

It's been a week since I submitted my withdrawal request, and it's still being processed. I don’t know if it will run away.

Exposure

2023-11-02

万手哥在吃面

Unverified

Hong Kong

The platform is no longer able to withdraw funds. Today is already the 10th day and the money still has not been received.

Exposure

2023-11-02

Somsak2827

Unverified

Sweden

Update for those who may need it

Positive

2023-10-30

Tan1730

Unverified

Sweden

Prospero

Positive

2023-10-30

宏哥811

Unverified

Hong Kong

In early October 2023, a salesman tricked me into opening an account at Prosper. On October 18, I made a deposit. On October 29, the salesperson called me and said that there was a problem with the platform’s withdrawal channel, and that withdrawals would be slow and it would take about a week to arrive. So on the morning of October 30, I closed all the orders in my account and started withdrawing money. As a result, the salesman called me again at noon and the withdrawal channel was blocked and I could no longer withdraw money. I have a recording of the phone call.

Exposure

2023-10-30

黄昏追逐黎明

Unverified

Hong Kong

I applied for a withdrawal on October 26, but it always showed that it was being processed, and no reply was sent to the email.

Exposure

2023-10-29

FP Markets官方直招IB

Unverified

Hong Kong

I made a deposit in Prosper before and lost money in the transaction. Prosper gave me a bonus of $7600. Every time a transaction is made, the profit can be withdrawn. I recently made a profit of more than 500 US dollars, and I also raised it. But prosper maliciously canceled the bonus. I want to complain, prosper has no principle in doing things and treats customers casually.

Exposure

2023-08-24

136
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Website

prosglb.com
172.67.143.166
propuhua.com
47.74.89.122
prosperoglobal.com
8.210.215.147
prosperomarkets.com
47.74.64.170

Company Summary

Note: Prospero's official website - https://www.prosperoglobal.com/ is currently inaccessible normally.

Prospero Review Summary
Founded2020
Registered Country/RegionAustralia
RegulationASIC (Revoked)
Market InstrumentsForex, precious metals, commodities, stock indices, equity CFDs, VIX, energy, color metals, agriculture
Demo Account/
LeverageUp to 1:400
EUR/USD Spread0.1 pips
Trading PlatformMT4, MT5
Min Deposit$100
Customer SupportContact form
Tel: +61 1300 768 888
Email: support@prosperoglobal.com
WeChat: prospero_markets
Facebook: https://www.facebook.com/Prospero-Markets-125261929068409/
Linkedin: https://www.linkedin.com/company/prosperomarkets-pty-ltd/?viewAsMember=true

Founded in 2020, Prospero is an Australian registered forex broker that claims to offer many trading products like Forex, precious metals, commodities, stock indices, equity CFDs, VIX, energy, color metals, and agriculture. It provides two account types, Standard and VIP (ECN), with a minimum deposit requirement of $100 and $3000 respectively. We regard this broker as an unwise choice due to the lack of regulation and website inaccessibility.

Prospero's homepage

Pros and Cons

Pros Cons
Diverse tradable assetsNon-functional website
Commission-free accounts offeredRevoked ASIC license
MT4 & MT5 platform
Popular payment options

Is Prospero Legit?

No, Prospero currently has no valid regulations. It only holds a revoked Australian Securities and Investments Commission (ASIC) license.

Regulatory Status Revoked
Regulated by The Australian Securities and Investments Commission (ASIC)
Licensed Institution Prospero Markets Pty Ltd
Licensed TypeMarket Making (MM)
Licensed Number423034
Revoked ASIC license

What Can I Trade on Prospero?

On Prospero, you can trade with Forex, precious metals, commodities, stock indices, equity CFDs, VIX, energy, color metals, and agriculture.

Tradable Instruments Supported
Forex
Precious metals
Commodities
Stocks Indices
Equity CFDs
VIX
Energy
Color metals
Agriculture
Cryptocurrencies
Bonds
Options
ETFs
What Can I Trade on Prospero?

What Can I Trade on Prospero?

What Can I Trade on Prospero?

Account Type

Prospero provides two main types of accounts: Standard and VIP (ECN) accounts.

Account TypeMin Deposit
Standard $100
VIP (ECN)$3 000
Account comparison

Leverage

Prospero offers a maximum leverage ratio of 1:400. It's important to recognize that high leverage is a double-edged sword, capable of amplifying both profits and losses.

Asset ClassMax Leverage
Major currencies1:400
Indices 1:100
Gold
Spot silver
Futures

Spread and Commission

Account TypeSpread Commission
Standard From 0.5 pips
VIP (ECN)From 0.1 pipsFrom $3.5 per side

Trading Platform

Prospero claims to offer MT4 and MT5, yet we are unable to confirm this claim due to the inaccessibility of their website.

Trading PlatformSupported Available Devices Suitable for
MT4Windows, iOS, MAC, AndroidBeginners
MT5Windows, iOS, MAC, AndroidExperienced traders
MT4

Deposit and Withdrawal

Prospero claims to support payments through VISA, Mastercard, Neteller, Tether, and USDT Payment.

Deposit and Withdrawal

Keywords

  • Stoppage of Business
  • 10-15 years
  • Suspicious Regulatory License
  • Self-developed
  • Suspicious Scope of Business
  • High potential risk

Wiki Q&A

J Forex Trader
Within 1 year

What is the impact of Prospero's regulatory status on its services?

WikiFX Reply
The main pro is that Prospero was once regulated by ASIC, which provided some legitimacy. However, the con is the revoked status, meaning there’s no protection from regulatory bodies now. I wouldn’t risk engaging in high-stakes Prospero trading without clearer oversight.
Broker Issues
Prospero
Regulation
08-04
United States
marcustan
Within 1 year

What leverage is available at Prospero?

WikiFX Reply
Prospero offers leverage up to 1:400, which can amplify both profits and losses. As a responsible trader, I would use leverage cautiously when Prospero trading to avoid significant risks, especially since high leverage increases exposure to large fluctuations.
Broker Issues
Prospero
Account
Leverage
Instruments
Platform
08-03
United States
PitBull
Within 1 year

What instruments can I trade with Prospero?

WikiFX Reply
Prospero offers a variety of trading instruments including forex, precious metals, commodities, stock indices, equity CFDs, VIX, energy, color metals, and agriculture. This diverse range makes it attractive for traders like me, but I would still be careful about the risks involved due to the lack of regulation when using a Prospero account.
Broker Issues
Prospero
Platform
Leverage
Instruments
Account
07-11
United States
Tomas
Within 1 year

Are there any commissions on Prospero accounts?

WikiFX Reply
Yes, Prospero charges commissions on the VIP (ECN) account at $3.5 per side. The Standard account, however, is commission-free, which I prefer for less active trading. When I use a Prospero account, I look for transparent fees, and the Standard account would be ideal for that.
Broker Issues
Prospero
Fees and Spreads
06-27
United States
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