Score

7.51 /10
Good

FPG Fortune Prime Global

Australia

10-15 years

Regulated in Australia

Market Making(MM)

MT4 Full License

Global Business

High potential risk

Offshore Regulated

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Comparison

Quantity 13

Exposure

Time Machine
Website

Score

Regulatory Index8.19

Business Index8.50

Risk Management Index0.00

Software Index9.80

License Index8.24

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

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Fortune Prime Limited

Company Abbreviation

FPG Fortune Prime Global

Platform registered country and region

Australia

Company website

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Company summary

Pyramid scheme complaint

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WikiFX Risk Alerts 2
Previous Detection : 2024-12-22
  • The number of the complaints received by WikiFX have reached 12 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • The Vanuatu VFSC regulation with license number: 700507 is an offshore regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
Unable to Withdraw

Cannot request withdrawal.

I suspect this is a scam company. Withdrawals are not being made at all.

2024-04-08 16:36
Unable to Withdraw

FPG Fortune Prime Global can't handle it; they won't allow withdrawals once you make a profit.

After unilaterally negotiating with FPG Fortune Prime Global without any substantive response, I decided to share my experience here. As a legitimate and compliant investor, I invested $60,000 and, through hard work and careful strategy, my account profits reached $142,510. However, when I tried to withdraw these hard-earned profits, FPG Fortune Prime Global not only failed to provide a reasonable explanation but directly disabled my backend and trading account. They then sent an email implying that my account was closed for investigation due to suspected market manipulation under their agreement. How could my $60,000 account manipulate a CFD platform licensed by an Australian market maker, especially with assets like gold which have good liquidity in the US market? This seemed entirely backward; it was clear the platform was trying to default on a winning client. My worst fears came true when instead of receiving my profits, I got a vague email allowing me only to withdraw my principal. This was shocking and infuriating, and it made me seriously doubt the platform's integrity. I spent countless days and nights analyzing market dynamics and meticulously planning trades to earn this profit. Yet, when I was on the threshold of success, the platform disregarded my rights and treated my efforts as trivial. This is not how a professional financial platform should operate! The actions of FPG Fortune Prime Global deprived me of my legitimate earnings as an investor and could even be seen as deliberate deception! As an international financial platform that claims to operate legally, FPG Fortune Prime Global should protect investors' interests instead of suppressing or even freezing accounts when investors profit. FPG Fortune Prime Global's shamelessness is boundless; as a platform that claims to be regular and legal, it even fails to acknowledge regulatory authorities! They take the money cleanly but do not admit their regulation—what exactly are they trying to hide? So many investors trade on their platform trusting their promises; now that they have profited, the platform acts as if "regulation does not exist." Do they really think they can continue deceiving people? This not only harms me personally but also poses a threat to all customers who trust and trade on this platform. If FPG Fortune Prime Global cannot even ensure basic fairness and transparency, how can other investors trust such a platform?

2024-09-17 14:32
Unable to Withdraw

Can't withdraw money

Withdrawals have not been made for 5 months. I think this is a scam company.

2024-04-09 19:51
Unable to Withdraw

FPG Fortune Prime Global Refuses Withdrawals! Denies License!

After unilaterally negotiating with FPG Fortune Prime Global without any substantial response, I've decided to share my experience here. If you have similar experiences or are a CFD trader, please advise how to resolve this. Also, if you have similar disputes, send your information to a lawyer so we can seek legal aid together. As a legitimate investor, I invested $60,000 and, through hard work and careful strategy, my account profit reached $142,510. However, when I attempted to withdraw these hard-earned profits, FPG Fortune Prime Global not only failed to provide a reasonable explanation but also disabled my backend and trading account. They sent an email implying that my account was closed for investigation due to suspected market manipulation breaches of agreement. How could my $60k account manipulate a CFD platform licensed by an Australian market maker, especially with such liquid assets as gold in the US market? It seems they got it backward; realizing the platform was trying to default on paying out because they saw a client winning. My fears came true when instead of receiving my funds, I got an unclear email allowing me only to retrieve my principal. This has left me shocked, angry, and deeply skeptical of the platform's integrity. I spent countless days and nights analyzing market dynamics and meticulously planning trades to earn this profit. Yet, when I was on the verge of success, the platform disregarded my rights and treated my efforts frivolously. This is not how a professional financial platform should act! FPG Fortune Prime Global’s behavior is tantamount to depriving me of my legitimate earnings as an investor and could even be seen as deliberate deceit! As an international financial platform that claims to operate legally, FPG Fortune Prime Global should protect investors' interests instead of suppressing or even freezing accounts when investors profit. FPG Fortune Prime Global has reached new heights of shamelessness; for a platform that claims to be regulated and legitimate to not even recognize regulatory authorities?! They clean out the money and deny their own regulation? What exactly are they trying to hide?! So many investors trade on your platform trusting your promises; now that they profit, you adopt an attitude as if "regulation doesn't exist," thinking you can continue deceiving? This not only harms me personally but also threatens all clients who trust and trade on this platform. If FPG Fortune Prime Global cannot ensure basic fairness and transparency, how can other investors trust such a platform? I have already filed a complaint with AFCA; the process may be lengthy but considering everything I can only ask friends with similar experiences in this circle to join me; I have already engaged a professional lawyer specialized in such financial licenses.

2024-09-24 10:56
    FPG Fortune Prime Global · Company summary
    FPGReview Summary
    Founded2011
    Registered Country/RegionAustralia
    RegulationASIC, VFSC
    Market InstrumentsOver 100 intrsuments, covering forex pairs, commodities, stocks, cryptocurrencies, indices
    Demo Account
    LeverageUp to 1:500
    SpreadLow
    Trading PlatformMT4 Margin WebTrader
    Min Deposit$100
    Customer SupportPhone: +610280184648+442081446588
    Email: support@fortuneprime.com
    Physical Address: Suite 5, 18-20 Prospect St, Box Hill VIC 3128 AUSTRALIA.

    FPG Information

    Fortune Prime Global Limited (short for “FPG”), founded in 2011, is a brokerage registered in Australia. The trading instruments it provides cover Forex pairs, Commodities, Stocks, Cryptocurrencies, Indices and so on.

    FPG Information

    Pros and Cons

    ProsCons
    ASIC & VFSC regulatedLimited customer support options
    Wide range of currency pairs and trading instrumentsHigh minimum deposit requirements
    Low minimum deposit of $100Potential for price manipulation
    Four types of trading accounts to choose fromLimited withdrawal options and delays
    Generous leverage up to 1:500No Islamic trading account
    Competitive spreads and low trading fees
    MT4 trading platform and webtrader supported
    Copy trading available
    Demo account available

    Is FPG Legit?

    FPG operates through two entities, FORTUNE PRIME GLOBAL CAPITAL PTY LTD and FORTUNE PRIME LIMITED. FORTUNE PRIME GLOBAL CAPITAL PTY LTD is regulated by the Australian Securities and Investments Commission (ASIC).FORTUNE PRIME LIMITED is regulated by the Vanuatu Financial Services Commission (VFSC).

    Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense NumberCurrent Status
    AustraliaASICFORTUNE PRIME GLOBAL CAPITAL PTY LTDMarket Making(MM)400364Regulated
    VanuatuVFSCFORTUNE PRIME LIMITEDRetail Forex License700507Offoreshore Regulated
    Is FPG Legit?
    Is FPG Legit?

    What Can I Trade on FPG?

    FPG offers traders the opportunity to trade forex pairs, commodities, stocks, cryptocurrencies, indices.

    Tradable InstrumentsSupported
    Forex
    Commodities
    Stocks
    Cryptocurrencies
    Indices
    Futures
    Options

    Account Types

    FPG offers 2 different types of accounts to traders - PRO and ECN.

    PROECN
    Minimum Deposit$50$100
    Minimum Trading Volume0.01 lot0.01 lot
    Spreads from1.4 pips0.0 pips
    Commission starts fromZero$3.5/lot per side
    Leverage500:1500:1
    Instruments200+200+
    FX min spread1.40
    Gold min spread1.90.6
    Account Types

    FPG Fees

    FPG claims to offer low spreads.PRO account charges no commission,but it's spread starts with 1.4pips.ECN account charges $3.5 for every transaction,but it's spread is as low as 0.0pips.

    Trading Platform

    FPG's trading platform is MT4 Margin WebTrader, which supports traders on PC,Mac,iPhone and Android.

    Trading PlatformSupportedAvailable DevicesSuitable for
    MT4 Margin WebTraderWeb, MobileBeginner
    MT5
    Trading Platform

    Deposit and Withdrawal

    The broker doesn't charge deposit fees or withdrawal fees. It supports six payment methods: Bank Wire, China Union Pay, Dragonpay, Help2Pay, Payment Asia and tether.

    MethodAvailabilityCurrenciesMinimum DepositMaximum DepositDeposit Processing Timefees
    Bank WireGlobal, except China MainlandUSD$100Depends on client's bank limit1 to 3 business days0
    China Union PayChina MainlandCNY$50$10,000Instant0
    DragonpayPhilippinesPHP$100$150,000Instant0
    Help2PayGlobal, except EuropeIDR, MYR, THB, VND, PHP$50$150,000Instant0
    Payment AsiaGlobalIDR, MYR, THB, VND$50$50,000Instant0
    tetherGlobalUSDT$50$100,000Instant0
    MethodAvailabilityCurrenciesMinimum WithdrawalMaximum WithdrawalWithdrawal Processing Timefees
    Bank WireGlobal, except China MainlandUSD$50Depends on client's bank limit1 to 3 business days0
    China Union PayChina MainlandCNY$50$10,0001 working day0
    DragonpayPhilippinesPHP$50$150,0001 working day0
    Help2PayGlobal, except EuropeIDR, MYR, THB, VND, PHP$50$150,0001 working day0
    Payment AsiaGlobalIDR, MYR, THB, VND$50$50,0001 working day0
    tetherGlobalUSDT$50$100,0001 working day0

    Copy Trading

    FPG's copytrading offers an opportunity to automatically follow good traders and monitor the markets.

    Copy Trading

    News

    NewsFPG AUS200 Market Report December 19, 2024

    AUS200 on the weekly time frame remains in a dominant bullish trend despite recent price volatility. The index successfully rebounded after experiencing bearish movement over the past two weeks, using

    WikiFX
    2024-12-19 10:48
    FPG AUS200 Market Report December 19, 2024

    NewsThe Art of Trading with Volume Indicators: A Comprehensive Guide

    Volume is often considered the lifeblood of the market. It provides traders with critical information about the strength or weakness of a price trend. While price action is crucial, understanding volu

    WikiFX
    2024-12-16 11:37
    The Art of Trading with Volume Indicators: A Comprehensive Guide

    NewsHow to Use the Money Flow Index for Trading

    The Money Flow Index (MFI) is a versatile indicator that measures the flow of money into and out of a security over a specific period. Often likened to the Relative Strength Index (RSI), the MFI is a

    WikiFX
    2024-12-10 16:23
    How to Use the Money Flow Index for Trading

    NewsFPG's Partnership Schemes are in full swing worldwide! 🌍🔥

    These dynamic initiatives allow FPG to collaborate closely with partners across the globe, hosting a series of offline knowledge-sharing events. The goal is to foster meaningful connections with

    WikiFX
    2024-12-04 10:03
    FPG's Partnership Schemes are in full swing worldwide! 🌍🔥

    User Reviews

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    User comment

    28

    Comments

    Write a review

    An
    0-3months
    sàn ổn áp có văn phòng đại diện tại việt nam luôn mình cũng có qua trực tiếp ng thật việc thật trao đổi mình thích sàn này ở cái mình hay đánh tin thì tin ra sàn này ko bị trượt giá như bên exness nạp rút cũng nhanh nè nhưng hạn chế cái cuối tuần mình rút thì phải thứ 2 mới có tiền vì cuối tuần sàn ko làm việc mấy thằng hàn xẻng chim bé kia nói bị giam tiền chắc là mấy thằng trục lợi bonus sàn với spread :))) này mình thấy bức xúc nên thanh minh cho ae nào sợ nhé
    sàn ổn áp có văn phòng đại diện tại việt nam luôn mình cũng có qua trực tiếp ng thật việc thật trao đổi mình thích sàn này ở cái mình hay đánh tin thì tin ra sàn này ko bị trượt giá như bên exness nạp rút cũng nhanh nè nhưng hạn chế cái cuối tuần mình rút thì phải thứ 2 mới có tiền vì cuối tuần sàn ko làm việc mấy thằng hàn xẻng chim bé kia nói bị giam tiền chắc là mấy thằng trục lợi bonus sàn với spread :))) này mình thấy bức xúc nên thanh minh cho ae nào sợ nhé
    Translate to English
    2024-12-05 11:56
    Reply
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    交易员FX
    6-12months
    经过跟财盛国际FPG的单方面交涉没有任何实质回复,我还是决定把我的经历公开这里,请有类似经验CFD交易的战友指点如何解决,也请有类似纠纷的朋友把你的信息发给律师 一起申请法律援助。作为一名合法合规的投资者,我投入了 60,000 美元,经过艰苦的努力和精心的策略,我的账户盈利达到了 142,510 美元。然而,当我试图将这笔辛苦赚来的利润提现时,财盛国际FPG不仅没有给出合理解释,反而直接禁用了我的后台和交易账号,随后发来一封邮件,大概意思是说我的账户因为涉嫌操纵市场违法协议,所以他们关闭我的账户进行调查?我一个6万的账户能操纵你一个有澳洲做市商牌照的CFD平台更何况在美盘流动性这么好的黄金这类主流资产,这顺序好像整反了吧,立马反应过来是平台看到客户赢钱想赖账,我担心的事情确实发生了,每天检查账户一直等钱到账却等来了一封什么也没说明白的邮件只允许我取回本金。这让我感到震惊、愤怒,也对平台的诚信产生了极大的怀疑。 我付出了无数个日夜,通过分析市场动态,精心制定交易计划,才获得了这笔盈利。然而,当我站在成功的门槛上时,平台却无视我的权益,把我的努力当作儿戏。这不是一个专业金融平台应有的做法!财盛国际FPG的行为无异于剥夺了我作为投资者的合法收益,甚至可以说是在蓄意欺骗! 作为一家声称合法运营的国际金融平台,财盛国际FPG应该维护投资者的利益,而不是在投资者盈利时采取打压甚至冻结账户的行为。财盛国际FPG还无耻到了天际,作为一个自称正规合法的平台,竟然连监管机构都不承认?!把钱吃得干干净净,还不承认自己的监管?你们到底想隐瞒什么?!这么多投资者在你们平台上交易,信任你们的承诺,现在盈利了,你们却摆出一副“监管不存在”的姿态,难道真以为可以掩耳盗铃、继续欺骗下去吗?。这不仅伤害了我个人,也对所有信任并在该平台上进行交易的客户造成了威胁。如果财盛国际FPG连最基本的公平与透明都无法保障,如何让其他投资者信任这样的平台?我已经去AFCA申诉,过程可能比较漫长,想来想去也只能来贵圈请跟我相似经历的朋友加入我,我已经委托该类金融牌照的专业律师。
    经过跟财盛国际FPG的单方面交涉没有任何实质回复,我还是决定把我的经历公开这里,请有类似经验CFD交易的战友指点如何解决,也请有类似纠纷的朋友把你的信息发给律师 一起申请法律援助。作为一名合法合规的投资者,我投入了 60,000 美元,经过艰苦的努力和精心的策略,我的账户盈利达到了 142,510 美元。然而,当我试图将这笔辛苦赚来的利润提现时,财盛国际FPG不仅没有给出合理解释,反而直接禁用了我的后台和交易账号,随后发来一封邮件,大概意思是说我的账户因为涉嫌操纵市场违法协议,所以他们关闭我的账户进行调查?我一个6万的账户能操纵你一个有澳洲做市商牌照的CFD平台更何况在美盘流动性这么好的黄金这类主流资产,这顺序好像整反了吧,立马反应过来是平台看到客户赢钱想赖账,我担心的事情确实发生了,每天检查账户一直等钱到账却等来了一封什么也没说明白的邮件只允许我取回本金。这让我感到震惊、愤怒,也对平台的诚信产生了极大的怀疑。 我付出了无数个日夜,通过分析市场动态,精心制定交易计划,才获得了这笔盈利。然而,当我站在成功的门槛上时,平台却无视我的权益,把我的努力当作儿戏。这不是一个专业金融平台应有的做法!财盛国际FPG的行为无异于剥夺了我作为投资者的合法收益,甚至可以说是在蓄意欺骗! 作为一家声称合法运营的国际金融平台,财盛国际FPG应该维护投资者的利益,而不是在投资者盈利时采取打压甚至冻结账户的行为。财盛国际FPG还无耻到了天际,作为一个自称正规合法的平台,竟然连监管机构都不承认?!把钱吃得干干净净,还不承认自己的监管?你们到底想隐瞒什么?!这么多投资者在你们平台上交易,信任你们的承诺,现在盈利了,你们却摆出一副“监管不存在”的姿态,难道真以为可以掩耳盗铃、继续欺骗下去吗?。这不仅伤害了我个人,也对所有信任并在该平台上进行交易的客户造成了威胁。如果财盛国际FPG连最基本的公平与透明都无法保障,如何让其他投资者信任这样的平台?我已经去AFCA申诉,过程可能比较漫长,想来想去也只能来贵圈请跟我相似经历的朋友加入我,我已经委托该类金融牌照的专业律师。
    Translate to English
    2024-09-24 10:56
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