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Score
Australia
10-15 yearsRegulated in Australia
Market Making(MM)
High potential risk
Offshore Regulated
Add brokers
Comparison
Quantity 13
Exposure
Score
Regulatory Index8.19
Business Index8.49
Risk Management Index0.00
Software Index9.80
License Index8.24
Single Core
1G
40G
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Company Name
Fortune Prime Limited
Company Abbreviation
FPG Fortune Prime Global
Platform registered country and region
Australia
Company website
X
YouTube
Company summary
Pyramid scheme complaint
Expose
No withdrawals have been made for 5 months.
I experienced this issue, not once but twice. At 1st, my SL position got hit even though it was too far, approximately 1:3. When I checked the chart, a very long wick was created in 1min tf. And then I compare it to other platforms, especially TradingView but it hasn't shown any long wick. I didn't mind my 1st encounter because I thought it was a graphical error or due to low volume. But the 2nd time, the same scenario I experienced. And when I checked their chart, It didn't show any long wick created. Then I compare it again to other platforms. I was confused why my SL got hit even though the chart didn't show a long wick candle that causes my SL to triggered. And when I review the history of all market prices of FPG and compared to other platforms, some of their candlesticks got a very long wick. I was so disappointed with this broker. I lost my capital without justice. Please remind them to fix this scam activity. This is so alarming. Please see attached file for proof. Thank you!
No withdrawals have been made since November 2023. They were very trustworthy and made transactions with peace of mind, but they are restricting withdrawals at their own discretion and stealing customers' money. There were more than 200 victims. This is a very dangerous company.
There has been no withdrawal for the past 5 months. I sent an inquiry email, but there was no response and they just told me to contact MIB.
I suspect this is a scam company. Withdrawals are not being made at all.
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?
At first, they only allowed small withdrawals, but now they have not allowed withdrawals for 5 months. I thought it was a broker with good reviews, but they are misusing investors' funds. The investigation by financial authorities must proceed quickly to prevent other victims. Other investors should also be careful.
They say they are reviewing real name authentication and won't let me withdraw money. This is a scam. They don't even tell me how long it will take.
Withdrawals have not been made for 5 months. I think this is a scam company.
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.
I am doing program trading at FPG, but the Australian headquarters refuses the withdrawal and tells me to request it from the Korean branch, but the Korean branch requests customers to switch accounts in the name of withdrawal, so the company takes all the accounts. And even after that, there is no withdrawal at all. Beware of fraudulent exchanges...
I have invested 393364 USDT but it’s been frozen, saying my credit score has fell because I have asked far too many times and they require 1500usdt to up my credit limit, I’ve had to pay, I’ve paid 1000usdt to unlock my funds and paid 16649usdt 5% platform fee.
FPGReview Summary | |
Founded | 2011 |
Registered Country/Region | Australia |
Regulation | ASIC, VFSC |
Market Instruments | Over 100 intrsuments, covering forex pairs, commodities, stocks, cryptocurrencies, indices |
Demo Account | ✔ |
Leverage | Up to 1:500 |
Spread | Low |
Trading Platform | MT4 Margin WebTrader |
Min Deposit | $100 |
Customer Support | Phone: +610280184648+442081446588 |
Email: support@fortuneprime.com | |
Physical Address: Suite 5, 18-20 Prospect St, Box Hill VIC 3128 AUSTRALIA. |
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.
Pros | Cons |
ASIC & VFSC regulated | Limited customer support options |
Wide range of currency pairs and trading instruments | High minimum deposit requirements |
Low minimum deposit of $100 | Potential for price manipulation |
Four types of trading accounts to choose from | Limited withdrawal options and delays |
Generous leverage up to 1:500 | No Islamic trading account |
Competitive spreads and low trading fees | |
MT4 trading platform and webtrader supported | |
Copy trading available | |
Demo account available |
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 Country | Regulated Authority | Regulated Entity | License Type | License Number | Current Status |
Australia | ASIC | FORTUNE PRIME GLOBAL CAPITAL PTY LTD | Market Making(MM) | 400364 | Regulated |
Vanuatu | VFSC | FORTUNE PRIME LIMITED | Retail Forex License | 700507 | Offoreshore Regulated |
FPG offers traders the opportunity to trade forex pairs, commodities, stocks, cryptocurrencies, indices.
Tradable Instruments | Supported |
Forex | ✔ |
Commodities | ✔ |
Stocks | ✔ |
Cryptocurrencies | ✔ |
Indices | ✔ |
Futures | ❌ |
Options | ❌ |
FPG offers 2 different types of accounts to traders - PRO and ECN.
PRO | ECN | |
Minimum Deposit | $50 | $100 |
Minimum Trading Volume | 0.01 lot | 0.01 lot |
Spreads from | 1.4 pips | 0.0 pips |
Commission starts from | Zero | $3.5/lot per side |
Leverage | 500:1 | 500:1 |
Instruments | 200+ | 200+ |
FX min spread | 1.4 | 0 |
Gold min spread | 1.9 | 0.6 |
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.
FPG's trading platform is MT4 Margin WebTrader, which supports traders on PC,Mac,iPhone and Android.
Trading Platform | Supported | Available Devices | Suitable for |
MT4 Margin WebTrader | ✔ | Web, Mobile | Beginner |
MT5 | ❌ |
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.
Method | Availability | Currencies | Minimum Deposit | Maximum Deposit | Deposit Processing Time | fees |
Bank Wire | Global, except China Mainland | USD | $100 | Depends on client's bank limit | 1 to 3 business days | 0 |
China Union Pay | China Mainland | CNY | $50 | $10,000 | Instant | 0 |
Dragonpay | Philippines | PHP | $100 | $150,000 | Instant | 0 |
Help2Pay | Global, except Europe | IDR, MYR, THB, VND, PHP | $50 | $150,000 | Instant | 0 |
Payment Asia | Global | IDR, MYR, THB, VND | $50 | $50,000 | Instant | 0 |
tether | Global | USDT | $50 | $100,000 | Instant | 0 |
Method | Availability | Currencies | Minimum Withdrawal | Maximum Withdrawal | Withdrawal Processing Time | fees |
Bank Wire | Global, except China Mainland | USD | $50 | Depends on client's bank limit | 1 to 3 business days | 0 |
China Union Pay | China Mainland | CNY | $50 | $10,000 | 1 working day | 0 |
Dragonpay | Philippines | PHP | $50 | $150,000 | 1 working day | 0 |
Help2Pay | Global, except Europe | IDR, MYR, THB, VND, PHP | $50 | $150,000 | 1 working day | 0 |
Payment Asia | Global | IDR, MYR, THB, VND | $50 | $50,000 | 1 working day | 0 |
tether | Global | USDT | $50 | $100,000 | 1 working day | 0 |
FPG's copytrading offers an opportunity to automatically follow good traders and monitor the markets.
Last week, as the primary sponsor, FPG Fortune Prime Global partnered with FX Alliance to host the Quanzhou Trading Technology Summit. Under the theme “Inside Trading and Beyond,” the event attracted
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