ASIC — Australia
Prospero Markets LLC
Licence
Prospero Review — Overview
Regulation
Tier-1 regulated
Licence
ASIC
Licence status
Active
Platforms
MT4, MT5
Min. deposit
$100
Max. leverage
1:400
Instruments
Forex, precious metals, commodities, stock indices
Typical spread
0.1 pips
Operating
Est. 2020
Entity
Prospero Markets LLC
Website
Unknown
Prospero is a forex & CFD broker based in Australia, established in 2020. On Trust Broker Hub it holds a Trust Score of 7.2 out of 10, which we rate as Good — above the 5.3/10 average for brokers that hold a verified licence. Solid, well-regulated profile suitable for most traders.
Crucially, Prospero is regulated by ASIC, including at least one tier-1 regulator. Tier-1 regulation is the strongest sign of legitimacy: it normally requires segregated client funds, regular audits and access to a compensation scheme if the broker fails — meaningful protection for your money.
Prospero provides access to Forex, precious metals, commodities, stock indices. Published conditions include a minimum deposit of $100 and leverage up to 1:400. No complaints are currently on record. Overall, Prospero looks like a credible option — but always verify the licence yourself and start with a small amount.
Trust score breakdown
How is this calculated?
Weighted total
8.48
Data completeness
7 of 10 facts verified
70% ×0.85
Trust Score
7.2 / 10
Trust Score history
Prospero currently scores 7.2/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- Regulated by a tier-1 authority
- No unresolved complaints on record
- Listed in our verified broker directory
Cons
- Always verify the licence directly before depositing
Regulation
Tier 1 · Top
Verified
Offshore (tier-3) regulators typically have lower capital requirements and no compensation scheme. Funds may not be protected if the broker fails.
Trading conditions
| Instruments | Forex, precious metals, commodities, stock indices, equity CFDs, VIX, energy, color metals, agriculture |
| Minimum deposit | $100 |
| Maximum leverage | 1:400 |
| Typical spread | 0.1 pips |
| Platforms | MT4, MT5 |
| Demo account | / |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on Prospero
Our analysis · editorial
7.2/10
Tier-1 regulated, solid profile
Prospero holds a tier-1 regulatory licence (ASIC). Based in Australia, it has been operating for about 6 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 7.2/10 — a reasonable profile.
Strengths
- Authorised by a tier-1 regulator (ASIC)
- Operating for 6 years
- No complaints on record with us
- Supports MT4 & MT5 trading
- Accessible minimum deposit ($100)
Watch-outs
- Always confirm the licensed entity covers traders in your country
Bottom line: A reasonable option, but confirm the entity you open an account with is the regulated one.
This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.
User reviews
5 0
4 0
3 0
2 0
1 0
Prospero — Questions & Answers
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Complaints & alerts
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag Prospero here if that changes.
Full specifications
Regulated region
Australia
Operating period
10-15 years
Instruments
Forex, precious metals, commodities, stock indices, equity CFDs, VIX, energy, color metals, agriculture
Year founded
2020
Frequently asked
Is Prospero a safe broker?
Prospero scores 7.2 / 10 on our Trust Score, above the 5.3 average for brokers that hold a verified licence. It holds tier-1 regulation, which offers strong investor protection. It has no complaints on record with us. Trade only with funds you can afford to lose.
How is the Prospero trust score calculated?
The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top. Read our methodology.
What does "offshore regulated" mean?
It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.
Can I withdraw funds easily from Prospero?
Prospero publishes some trading terms, but always confirm withdrawal fees directly. Test with a small amount first and document every transaction.