No valid regulatory information
Please be aware of the risk!
No restriction on the broker account. Provide service support by WikiFX
It has been verified that this broker currently has no valid regulatory, please be aware of the risk!
What does ProsperityFX look like? Is ProsperityFX legal in your country? WikiFX made a comprehension review on this broker to help you better understand the truth, we will analyze the reliability of this broker from specific information, regulation, exposure and etc. And you should never miss it.
ProsperityFX offers a good variety of trading instruments – over 55 currency pairs, 30 crypto CFDs as well as CFDs on commodities, indices and stocks, with leverage as high as 1:500 and the MetaTrader4 platform – the most popular trading solution on the market. Unfortunately ProsperityFX is not a regulated broker, which along with their offshore registration raises some serious questions about their credibility. Before depositing any funds with ProsperityFX be sure to read the following lines.
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General Information & Regulation
ProserityFX Markets is an online financial services provider that is based in Kingstown, Saint Vincent and the Grenadines. There is no regulatory information on the brokers website at the moment.
ProsperityFX gives investors access to some tradable instruments in the financial markets, include forex, indices, commodities, and cryptocurrencies.
ProsperityFX has five types of accounts to suit different investors' investment needs and trading experience, mainly Standard (minimum deposit of $50), Mini (minimum deposit of $50), Mini (minimum deposit of $25), Floating Spread (minimum deposit of $250) and Pro (minimum deposit of $500).
ProsperityFX offers the maximum trading leverage up to 1:500. Since leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.
Spreads & Commissions
Spreads on ProsperityFX standard accounts start at 0.4 pips, and commissions are $7 per lot. Pro accounts have spreads starting at 0.4 pips and commissions of $8 per lot. Floating spread accounts are available from 1.2 pips, and no commission is payable. Mini accounts have spreads from 1.0 pips and a commission of US$1 per lot. Spreads on Islamic accounts start at 0.8 pips, and commissions are $7 per lot. Besides, the minimum spread for the German 30 is 1.2 pips, the minimum spread for the US 30 is 2.4 pips, and the minimum spread for the Nasdaq 100 is 0.6 pips. The minimum spread for Gold is 0.2 pips, and for Silver 0.5 pips. The minimum spread for Bitcoin is 82 pips, and the minimum spread for Litecoin is 0.7 pips.
ProsperityFX provides traders with an MT4 trading platform that supports algorithmic trading, intelligent trading, advanced technical analysis and is available for desktop, Apple and Android, giving traders the freedom to trade anywhere, anytime.
Deposit & Withdrawal
ProsperityFX supports deposits and withdrawals via VISA, MasterCard, Wire Transfer, and Bitcoin.
The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.
Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.
Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.
Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.