Fortune Prime Global (FPG) is a legally registered forex broker located in the Marshall Islands, but not regulated by any government agency.
Fortune Prime Global accepts clients from all over the world, excluding USA, Australia, Japan, New Zealand, Canada, Iran, North Korea.
Forex broker offers the following underlying assets for trading.
|40+ Currency Pairs||Based on major and minor world currencies.|
|10 Crypto Pairs||Based on Bitcoin, Bitcoin Cash, Ethereum, Dogecoin, Polkadot, EOS, Chainlink, Litecoin, Stellar, Ripple.|
|10 Indice CFDs||Based on baskets of different blue-chip stocks.|
|2 Metal CFDs||Based on Gold and Silver.|
|2 Energy CFDs||Based on Crude Oil (WTI, Brent).|
|100+ Stock CFDs||Based on shares of AU, US and EU companies.|
Fortune Prime Global, also known as FPG, is an unregulated and offshore-registered forex broker that accepts clients from most countries, offers high leverage, and has a large selection of trading instruments.
Perhaps most notable about FPG is the strong offering this broker has for stock traders. With stocks from more than 100 companies listed in the US, Europe and Australia available for trading, FPG should have most stock traders covered.
As usual with the brokers we review here on FX-List, the stocks that are offered are traded as leveraged contracts-for-difference, or CFDs for short. These make it incredibly easy to trade these assets both from the long and short side, without having to put down much capital as margin.
In terms of other assets, FPG offers trading in 10 major cryptocurrencies, more than 40 forex pairs, 10 global stock indices, as well as oil and precious metals, all in the form of CFDs.
All of the assets can be traded in either one of the four account types FPG offers:
– Standard account, with a $50 minimum deposit, zero commissions, and spreads from 0.2 pips
– Prime account, with a $100 minimum deposit, zero commissions, and spreads from 0.1 pips
– ECN account, with a $200 minimum deposit, commissions from $3.5 per side, and spreads from 0 pips
– Cent account (only available for clients in South East Asia), with a $40 minimum deposit, zero commissions, and spreads from 0.2 pips
The max leverage is set to 1:500 for all of the account types.
Like many other brokers, FPG has chosen to rely on MetaTrader 4 (MT4) as its only trading platform. The platform is offered in the standard downloadable version for Windows computers, as well as in a web version for use on any type of computer. In addition, MT4 mobile apps for Apple and Android phones are also available.
Trading accounts with Fortune Prime Global can be funded with a bank wire transfer, China UnionPay card, or the e-wallets Dragonpay, Help2Pay, Payment Asia, or the stablecoin Tether (USDT).
Although the minimum amount to use many of the payment methods is just $50, the minimum deposit amount to actually start trading with a live account is set to $100 or the equivalent in another currency, according to the broker’s website.
To contact FPG’s customer support, traders can use either phone, email or live chat via the broker’s website. FPG promises that its support team is available 24 hours a day, from Sundays at 5 pm EST through Fridays at 4 pm EST.
One last but important thing to note about FPG is that it is an unregulated forex broker that is registered offshore in the Marshall Islands. This means that even though its business address, according to the website, is in Australia, clients should not expect help from Australian regulators in case of difficulties with this broker. It’s also worth noting that the broker has only been around since 2022, giving it a very limited track record.
For those who still feel comfortable with this broker, however, it could certainly be a good choice, particularly for trading stock CFDs with high leverage on the MT4.