Abstract:ProsperityFX is an online forex broker that aims to provide an optimal trading environment for both novice and experienced traders.ProsperityFX maintains a customer-oriented approach and is committed to delivering 7/24 hour customer service to its clients.ProsperityFX is currently not effectively regulated by any regulatory body.
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.
Market Instruments
ProsperityFX gives investors access to some tradable instruments in the financial markets, include forex, indices, commodities, and cryptocurrencies.
Minimum Deposit
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 Leverage
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.
Trading Platform
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.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.