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Prospero Markets

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Australia

Founded in

2012 (13 Years)

Founded

Last online: No recent activity


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1.67

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Security Information

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    What are the differences in regulations for each

    License

    A Grade License

    Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

    B Grade License

    Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

    C Grade License

    Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

    D Grade License

    From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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    Company Information

    Get to know Prospero Markets

    Prospero Markets Pty Ltd is an industry-leading financial services provider headquartered in Melbourne, Australia, and regulated by the Australian Securities and Investments Commission (AFSL: 423 034). Prospero Markets was founded in 2012, and has since then given investors access to global forex (FX), indices, share CFDs, commodities, and more.

    Industry

    • Forex Retail BrokerPRIMARY

    Software

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    Meta Trader 4

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    Company hasn't updated its information.

    News

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    TrustFinance Intelligence Agency

    Research date: Jun 17, 2024

    Australian stock market firm Prospero collapses amid alleged $200 million money laundering scandal.

    Australian stock market firm Prospero collapses amid alleged $200 million money laundering scandal.

    Liquidators expect full recovery of $19 million client funds from Prospero Markets.

    Liquidators expect full recovery of $19 million client funds from Prospero Markets.

    Prospero Markets review highlights its strong range of commodities products but limited services and instruments in other markets.

    Prospero Markets review highlights its strong range of commodities products but limited services and instruments in other markets.

    Federal Court orders wind-up of retail OTC derivative issuer Prospero Markets Pty Ltd.

    Federal Court orders wind-up of retail OTC derivative issuer Prospero Markets Pty Ltd.

    FX week in review includes news on Prospero Markets client funds, 26 Degrees/INV delisting, Capital.com volumes, and Robinhood record results.

    FX week in review includes news on Prospero Markets client funds, 26 Degrees/INV delisting, Capital.com volumes, and Robinhood record results.

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