Our investors have access to an enhanced trading environment with the powerful MT4 trading platform, extensive research, deep liquidity, and competitive pricing. Segregated accounts ensure the safety of clients’ funds by keeping them separate from the company’s operational funds. Furthermore, our dedicated client service team is there to help ensure clients have the best possible trading experience, 24 hours a day.
ABOUT US.
Prospero Markets Pty Ltd is an professional 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.
- ASIC Regulated.
- AFSL License: 423034.
AFSL
423034
423034
Protection of your money at Prospero Markets .
Prospero Markets handles retail client money through the following measures
- Your money is held in segregated client money trust account.
- Your money is segregated and completely separated from Prospero's own funds.
- Prospero is registered and licensed with ASIC.
- Even in the event of Prospero's liquidation, your money remains segregated and is not subject to claims by creditors.
- Prospero will never use your money for business activities, such as margin for our own hedging trades.
How Prospero Markets handles your money?
Prospero Markets is regulated by the Australian Securities and Investments Commission (ASIC), which sets out strict regulatory requirements for what we can and cannot do with client money.
In accordance with ASIC's requirements, Prospero Markets must keep your money separate from our own funds. This means that we cannot use your money in our operational business. Even in the event of Prospero's liquidation, your money is fully segregated and protected from claims by Prospero's creditors.
How Prospero Markets protects your money?
Your money will be held in segregated accounts with top-tier ADI (Commonwealth Bank). This means that your money remains yours, and Prospero Markets treats them as client money. Prospero Markets and its creditors cannot charge fees, exercise liens, or rights of set-off or retention over them.
We will not use your money to fulfill our obligations to counterparties in hedging trades. Any obligations we incur from such trades will be paid using our own funds. We may invest any funds held in the segregated trust account in investment types permitted under the Australian Client Money Rules, and you irrevocably and unconditionally authorize us to do so.
What happens if Prospero Markets or the bank holding Prospero's client money goes bankrupt and liquidates?
All deposits you make with Prospero Markets will be held separately in a segregated trust account regulated by ASIC. In such an event, your deposit will be subject to all legal protections available to trust funds. For more information, please refer to our Product Disclosure Statement.