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Score
Australia
Regulated in Australia
Market Maker (MM)
MT4 Full License
High potential risk
Offshore Regulated
Influence
Add brokers
Comparison
Quantity 13
Exposure
Score
Regulatory Index8.19
Business Index8.51
Risk Management Index0.00
Software Index9.80
License Index8.19
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
61280064855
Company summary
Pyramid scheme complaint
Expose
Capital
$(USD)
FPG Review 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.
XAUUSD is currently consolidating after a strong bullish rally, hovering around 3318.99, slightly below the recent peak at 3424.32. Although momentum remains positive, signs of short-term exhaustion a
MSFT has recently rebounded from the 359.71 support level with a strong bullish weekly candle, indicating an attempt to recover from the recent downtrend. The price is currently traded around 384.93,
UK100 has shown a significant rebound after a sharp correction that previously pushed the price down to the major support zone near 7999.55. The index is currently trading around 8352.82, breaking bac
Gold (XAUUSD) remains in a strong uptrend, recently reaching a new high at 3344.70 before facing slight resistance. Price currently traded around 3326.16, consolidating near the upper Bollinger Band.
AAPL continues to face downward pressure on the weekly timeframe after a rejection from key resistance at 211.44. The price has declined to 197.96, traded near the lower Bollinger Band, suggesting pot
USDCNH is exhibiting a medium-term bullish structure, with price traded above the Ichimoku cloud, a key signal of underlying bullish momentum. Recent price action shows a strong bounce from support, w
XAUUSD (Gold) maintains its strong bullish momentum, recently reaching a new all-time high at 3245.43 before closing slightly lower at 3238.14. Despite signs of rejection from the top, the overall tre
The NFLX weekly chart shows a strong bullish rally from early to late 2024, marked by higher highs and lows. The price pushed above the upper Bollinger Band in late 2024, signaling overbought conditio
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