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    5-10 years
    Regulated in Australia
    Market Making(MM)
    MT4/5 full license




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    Australia Securities & Investment Commission

    Market Making(MM)

    ASIC Regulated


    • Company Name:

      Prospero Markets Pty Ltd
    • Company Abbreviation:

    • Place of registration:

    • Regulatory Status:

    • Customer Service Email Address:

    • Customer Service Phone Number:

      1300 768 888
    • Company summary

      GeneralInformation&RegulationofProsperoMarketsPROSPEROMARKETSisanAustralianfinancialservicesproviderbasedinMelbourne,offeringinvestorstradingservicesinforeignexchange,equities,indices,andCFDs,aswellasotherfinancialderivatives.ProsperoMarketshasbeenregulatedbyASICinAustraliasince2012andholdsafulllicenseunderitsauthorization,regulatorylicensenumber423034.MarketInstrumentsofProsperoMarketsPROSPEROMARKETSprovidesinvestorswitharangeoffinancialtradingassets,includingforeignexchange,preciousmetals,commodities,stockindices,equityCFDs,VIX.MinimumDepositofProsperoMarketsPROSPEROMARKETSofferstwodifferenttypesoftradingaccounts,theStandardandtheProfessionalECNaccount.TheminimuminitialdepositforastandardaccountisAUD500,foranECNaccountuptoAUD20,000.Objectivelyspeaking,PROSPEROMARKETShassetrelativelyhighrequirementsforopeninganaccount,soinvestorsshouldbecarefulabouttherisksinvolved.LeverageofProsperoMarketsTradingleveragevarydependingoninstruments.ThemaximumtradingleverageofferedbyPROSPEROMARKETSis1:400formajorcurrencies,1:100forindices,1:400forgold,1:100forspotsilver,1:100forfutures.ProsperoMarkets,asantypicalAustraliabroker,isnotsurprisingtooffersuchhighleverage.Spreads&CommissionsofProsperoMarketsTheminimumspreadofferedbyPROSPEROMARKETSis0.1pipsforEURUSD,0.5pipsforEURGBP,1.5pipsforspotgold,2.5pipsforUSOIL,3.0pipsforUKOIL,and2.6pipsforUS30.Nocommissionischargedfortradingonstandardaccounts,whileECNaccountsarechargedabilateralcommissionofAUD2orAUD3.TradingPlatformsAvailableofProsperoMarketsPROSPEROMARKETSofferstradersthepopularMT4tradingplatform,whichprovides23chartingtoolsand30self-containedtechnicalindicators,automaticEAtradingsupport,includingmarketorders,pendingorders,stop-loss,take-profit,andpowerfulchartingtoolstohelptradersimplementcomplextradingstrategies.DepositandwithdrawalofProsperoMarketsPROSPEROMARKETSsupportstraderstotransferfundsvialocaltransfer(within2businessdays),BPAY(within2businessdays),VISA/MasterCardcredit&debitcards(within2hours),PayPal(within1-2hours,awithdrawalfeeof3%),internationalwiretransfer(within5businessdays). About More
    Pyramid scheme complaint

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    Australia Securities & Investment Commission

    Australia Securities & Investment Commission (ASIC)

    The Australian Securities and Investments Commission (ASIC) is an independent Australian government body that acts as Australia's corporate regulator, which was established on 1 July 1998 following recommendations from the Wallis Inquiry. ASIC's role is to enforce and regulate company and financial services laws to protect Australian consumers, investors and creditors. ASIC's authority and scope were determined by the Australian Securities and Investments Commission Act, 2001.


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          PROSPERO MARKETS· Genealogy

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          PROSPERO MARKETS · Market Analysis

          The data are from WIKI Research    2021.09.27 updated

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          This broker's score is relatively low.

          Please choose wisely! Please avoid unnecessary loss

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          PROSPERO MARKETS · Chart

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          WikiFX·pyramid scheme complaint
          1  Know about pyramid scheme  >
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          1. What is pyramid scheme complaint?
          With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
          2. 10 Features of Pyramid Scheme
          High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
          Report immediately
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          PROSPERO MARKETS · Company summary

            General Information & Regulation of Prospero Markets

            PROSPERO MARKETS is an Australian financial services provider based in Melbourne, offering investors trading services in foreign exchange, equities, indices, and CFDs, as well as other financial derivatives. Prospero Markets has been regulated by ASIC in Australia since 2012 and holds a full license under its authorization, regulatory license number 423034.

            Market Instruments of Prospero Markets

            PROSPERO MARKETS provides investors with a range of financial trading assets, including foreign exchange, precious metals, commodities, stock indices, equity CFDs, VIX.

            Minimum Deposit of Prospero Markets

            PROSPERO MARKETS offers two different types of trading accounts, the Standard and the Professional ECN account. The minimum initial deposit for a standard account is AUD500, for an ECN account up to AUD20,000. Objectively speaking, PROSPERO MARKETS has set relatively high requirements for opening an account, so investors should be careful about the risks involved.


             Leverage of Prospero Markets

            Trading leverage vary depending on instruments. The maximum trading leverage offered by PROSPERO MARKETS is 1:400 for major currencies, 1:100 for indices, 1:400 for gold, 1:100 for spot silver, 1:100 for futures. Prospero Markets, as an typical Australia broker, is not surprising to offer such high leverage.

            Spreads & Commissions of Prospero Markets

            The minimum spread offered by PROSPERO MARKETS is 0.1 pips for EURUSD, 0.5 pips for EURGBP, 1.5 pips for spot gold, 2.5 pips for USOIL, 3.0 pips for UKOIL, and 2.6 pips for US30. No commission is charged for trading on standard accounts, while ECN accounts are charged a bilateral commission of AUD2 or AUD3.

            Trading Platforms Available of Prospero Markets

            PROSPERO MARKETS offers traders the popular MT4 trading platform, which provides 23 charting tools and 30 self-contained technical indicators, automatic EA trading support, including market orders, pending orders, stop-loss, take-profit, and powerful charting tools to help traders implement complex trading strategies.

            Deposit and withdrawal of Prospero Markets

            PROSPERO MARKETS supports traders to transfer funds via local transfer (within 2 business days), BPAY (within 2 business days), VISA/MasterCard credit & debit cards (within 2 hours), PayPal (within 1-2 hours, a withdrawal fee of 3%), international wire transfer (within 5 business days).

          Risk Warning

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          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.