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TP Global FX-Overview of Minimum Deposit, Spreads & Leverage

FPG Fortune Prime Global Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-02-05 11:08

Abstract: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.

FPG Review Summary
Founded2011
Registered Country/RegionAustralia
RegulationASIC, VFSC
Market InstrumentsOver 100 intrsuments, covering forex pairs, commodities, stocks, cryptocurrencies, indices
Demo Account✔
LeverageUp to 1:500
SpreadLow
Trading PlatformMT4 Margin WebTrader
Min Deposit$100
Customer SupportPhone: +610280184648+442081446588
Email: support@fortuneprime.com
Physical Address: Suite 5, 18-20 Prospect St, Box Hill VIC 3128 AUSTRALIA.

FPG Information

  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.

FPG Information

Pros and Cons

ProsCons
ASIC & VFSC regulatedLimited customer support options
Wide range of currency pairs and trading instrumentsHigh minimum deposit requirements
Low minimum deposit of $100Potential for price manipulation
Four types of trading accounts to choose fromLimited withdrawal options and delays
Generous leverage up to 1:500No Islamic trading account
Competitive spreads and low trading fees
MT4 trading platform and webtrader supported
Copy trading available
Demo account available

Is FPG Legit?

  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 CountryRegulated AuthorityRegulated EntityLicense TypeLicense NumberCurrent Status
AustraliaASICFORTUNE PRIME GLOBAL CAPITAL PTY LTDMarket Making(MM)400364Regulated
VanuatuVFSCFORTUNE PRIME LIMITEDRetail Forex License700507Offoreshore Regulated
Is FPG Legit?
Is FPG Legit?

What Can I Trade on FPG?

  FPG offers traders the opportunity to trade forex pairs, commodities, stocks, cryptocurrencies, indices.

Tradable InstrumentsSupported
Forex✔
Commodities✔
Stocks✔
Cryptocurrencies✔
Indices✔
Futures❌
Options❌

Account Types

  FPG offers 2 different types of accounts to traders - PRO and ECN.

PROECN
Minimum Deposit$50$100
Minimum Trading Volume0.01 lot0.01 lot
Spreads from1.4 pips0.0 pips
Commission starts fromZero$3.5/lot per side
Leverage500:1500:1
Instruments200+200+
FX min spread1.40
Gold min spread1.90.6
Account Types

FPG Fees

  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.

Trading Platform

  FPG's trading platform is MT4 Margin WebTrader, which supports traders on PC,Mac,iPhone and Android.

Trading PlatformSupportedAvailable DevicesSuitable for
MT4 Margin WebTrader✔Web, MobileBeginner
MT5❌
Trading Platform

Deposit and Withdrawal

  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.

MethodAvailabilityCurrenciesMinimum DepositMaximum DepositDeposit Processing TimeFees
Bank WireGlobal, except China MainlandUSD$100Depends on client's bank limit1 to 3 business days0
China Union PayChina MainlandCNY$50$10,000Instant0
DragonpayPhilippinesPHP$100$150,000Instant0
Help2PayGlobal, except EuropeIDR, MYR, THB, VND, PHP$50$150,000Instant0
Payment AsiaGlobalIDR, MYR, THB, VND$50$50,000Instant0
tetherGlobalUSDT$50$100,000Instant0
MethodAvailabilityCurrenciesMinimum WithdrawalMaximum WithdrawalWithdrawal Processing TimeFees
Bank WireGlobal, except China MainlandUSD$50Depends on client's bank limit1 to 3 business days0
China Union PayChina MainlandCNY$50$10,0001 working day0
DragonpayPhilippinesPHP$50$150,0001 working day0
Help2PayGlobal, except EuropeIDR, MYR, THB, VND, PHP$50$150,0001 working day0
Payment AsiaGlobalIDR, MYR, THB, VND$50$50,0001 working day0
tetherGlobalUSDT$50$100,0001 working day0

Copy Trading

  FPG's copytrading offers an opportunity to automatically follow good traders and monitor the markets.

Copy Trading

Related broker

Regulated
FPG Fortune Prime Global
Company name:Fortune Prime Limited
Score
8.55
Website:https://fpgasia.com
10-15 years | Regulated in Australia | Regulated in Vanuatu | Market Maker (MM)
Score
8.55

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