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Prospero Markets Review: Is It Legit and Regulated?

Prospero Markets Pty Ltd

AU Operating period unverified

FindMyFX score

critical risk

1.6/10

0 Score out of 10 10
Independent assessment Updated 2026-07-24

Contact & regulation

Official website
Not verified
Address
Not verified
Primary license
ASIC · Unverified

Missing values mean the information has not been verified or published yet—not that the broker does not provide it.

Quick verdict

Is Prospero Markets legit and regulated?

FindMyFX has license records for Prospero Markets, but none is currently presented as fully verified. Check each entity, jurisdiction, source, and verification date before depositing.

This is a source-limited research summary, not a safety guarantee or investment recommendation.

Broker-provided profile information is reviewed before publication. Paid profile features never affect FindMyFX scores, license verification, risk flags, reviews, complaints, or editorial decisions.

Broker-provided company information

Prospero Markets was an Australian retail OTC derivatives and foreign-exchange issuer. ASIC records show that the company was wound up and its AFS licence was cancelled effective 25 September 2024.

Professional broker overview

FindMyFX editorial summary

Prospero Markets Pty Ltd formerly held Australian Financial Services licence 423034 for derivatives and foreign-exchange contracts offered to retail and wholesale clients. The Federal Court ordered the company wound up in April 2024, and ASIC cancelled the licence effective 25 September 2024. The broker is therefore recorded as inactive and in liquidation.

Prepared from reviewed sources for informational purposes. This is not investment advice.

Editorial note: This is a historical regulatory record rather than an active broker profile; current account, platform and fee fields are intentionally left empty.

Operational status
inactive
Broker type
unknown
Execution model
Not verified
Support hours
Not verified

Documented advantages

    Documented limitations

    • The Federal Court ordered the company wound up in April 2024.
    • ASIC cancelled AFS licence 423034 effective 25 September 2024.
    75%coverage

    Published profile coverage

    6 of 8 core information groups currently contain published data. This measures data availability, not broker quality or safety.

    Company structure

    Legal entities

    Registered companies associated with this broker profile.

    1 entity

    Prospero Markets Pty Ltd

    Primary
    AU Registration not shown

    Markets and instruments

    Foreign exchange contracts

    unverified

    OTC derivatives

    unverified

    Licenses and regulators

    ASIC

    423034

    unverified

    Last verified: Not shown

    Type: Australian Financial Services licence
    Client class: retail
    Compensation: Not shown
    Segregated funds: Unknown
    Negative balance protection: Unknown

    Risk flags

    AFS licence cancelled

    critical · draft

    ASIC cancelled Prospero Markets' AFS licence effective 25 September 2024 after the company entered liquidation.

    Federal Court winding-up order

    critical · draft

    The Federal Court ordered Prospero Markets Pty Ltd wound up and appointed liquidators in April 2024.

    Score components

    Regulation and licenses

    2.5/10 · 35%

    The licence record is authoritative and complete, but the licence has been cancelled.

    Security and track record

    0.0/10 · 20%

    The company is in liquidation and ASIC documented broad regulatory concerns.

    Trading conditions

    0.0/10 · 15%

    The firm is inactive, so current trading conditions are not applicable.

    Company transparency

    7.5/10 · 10%

    ASIC provides clear licence, cancellation, liquidation and contact records.

    Service quality

    0.0/10 · 10%

    No independently verified service-quality dataset was established from the reviewed official or authoritative sources.

    Verified user reviews

    0.0/10 · 10%

    No inspectable verified user-review dataset was established from the reviewed official or authoritative sources.

    Profile update history

    Broker profile was published.

    2026-07-24

    Related regulated broker profiles

    These profiles share at least one recorded regulator. This is not a recommendation or equivalence claim.