Prospero

Note: Prospero's official website - https://www.prosperoglobal.com/ is currently inaccessible normally.

Founded in 2020, Prospero is an Australian registered forex broker that claims to offer many trading products like Forex, precious metals, commodities, stock indices, equity CFDs, VIX, energy, color metals, and agriculture. It provides two account types, Standard and VIP (ECN), with a minimum deposit requirement of $100 and $3000 respectively. We regard this broker as an unwise choice due to the lack of regulation and website inaccessibility.

Pros and Cons

Is Prospero Legit?

No, Prospero currently has no valid regulations. It only holds a revoked Australian Securities and Investments Commission (ASIC) license.

What Can I Trade on Prospero?

On Prospero, you can trade with Forex, precious metals, commodities, stock indices, equity CFDs, VIX, energy, color metals, and agriculture.

Account Type

Prospero provides two main types of accounts: Standard and VIP (ECN) accounts.

Leverage

Prospero offers a maximum leverage ratio of 1:400. It's important to recognize that high leverage is a double-edged sword, capable of amplifying both profits and losses.

Spread and Commission

Trading Platform

Prospero claims to offer MT4 and MT5, yet we are unable to confirm this claim due to the inaccessibility of their website.

Deposit and Withdrawal

Prospero claims to support payments through VISA, Mastercard, Neteller, Tether, and USDT Payment.