Profile
Fortune Prime Global review focuses on this Australia-based forex and CFD broker offering ECN trading conditions and institutional-grade execution to both retail and professional clients. With access to MetaTrader platforms, raw spreads, and multi-asset trading, Fortune Prime Global positions itself as a competitive choice for traders seeking transparent pricing and regulated oversight.
Regulation and Safety
Fortune Prime Global Pty Ltd is authorised and regulated by the Australian Securities and Investments Commission (ASIC) under license number 400364. ASIC regulation ensures that client funds are held in segregated trust accounts with top-tier banks, and that the broker meets strict capital adequacy, audit, and compliance standards. However, ASIC does not provide a compensation scheme like the FSCS or ICF.
Execution Model and Trading Platforms
Fortune Prime Global operates a true ECN/STP execution model with no dealing desk intervention. Orders are routed directly to liquidity providers via an aggregated pool. The broker supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5) across desktop, web, and mobile. VPS services are available for clients running automated strategies, and FIX API access is offered to institutional and high-volume traders upon request.
Markets and Instruments
Clients can trade over 100 instruments across multiple asset classes, including:
- Forex (50+ major, minor, and exotic pairs)
- Indices (e.g. NASDAQ, DAX, FTSE)
- Commodities (gold, silver, crude oil)
- Cryptocurrencies (BTC, ETH, LTC, etc.)
- Shares (CFDs on US and global stocks)
Accounts, Spreads and Leverage
Fortune Prime Global offers three main account types: Standard, Raw ECN, and Pro ECN. Spreads on Standard accounts start from 1.0 pips with zero commission. Raw ECN accounts offer spreads from 0.0 pips with a commission of $7 per lot. Leverage is available up to 1:500 for retail clients. The minimum deposit is $100 for Standard accounts and $1,000 for Pro ECN. Stop-out levels vary but are generally set at 50%.
Funding and Base Currencies
Deposits and withdrawals can be made via bank transfer, credit/debit cards, Skrill, Neteller, and crypto wallets. Supported base currencies include USD, AUD, EUR, and GBP. Most deposits are processed instantly or within a few hours, while withdrawals are typically completed within 1–2 business days. No deposit fees apply; withdrawal fees depend on the payment method.
Client Protections and Features
Client funds are held in segregated accounts with Commonwealth Bank of Australia. Fortune Prime Global provides negative balance protection and complies with ASIC’s regulatory framework for client asset protection. Biometric login is available on mobile platforms, and 2FA is supported. Although ASIC does not mandate external compensation schemes, the broker maintains transparency and annual audit compliance.
Institutional and Retail Offering
Fortune Prime Global serves both retail traders and institutional clients. For professionals, the broker provides FIX API connectivity, white-label solutions, MAM/PAMM systems, and custom liquidity arrangements. Retail traders benefit from ECN spreads, trading education, and a user-friendly MetaTrader environment. VPS hosting is provided for algorithmic and latency-sensitive strategies.
Pros and Cons
Pros
- Regulated by ASIC (Australia)
- True ECN/STP execution with raw spreads
- MT4, MT5, VPS, and FIX API support
- High leverage up to 1:500
- Multi-asset offering including crypto and shares
Cons
- No investor compensation scheme
- Higher deposit requirements for Pro ECN accounts
- Limited educational and research tools
Frequently Asked Questions
Is Fortune Prime Global regulated?
Yes, Fortune Prime Global Pty Ltd is regulated by ASIC in Australia under license number 400364.
What trading platforms are available?
Clients can trade on MetaTrader 4 (MT4) and MetaTrader 5 (MT5) via desktop, mobile, and web platforms.
Does the broker offer ECN trading?
Yes, Fortune Prime Global offers true ECN/STP execution on Raw and Pro ECN account types.
What is the minimum deposit to start trading?
The minimum deposit is $100 for Standard accounts and $1,000 for Pro ECN accounts.
Are client funds protected?
Yes, client funds are held in segregated accounts and the broker offers negative balance protection, although no compensation scheme is provided under ASIC regulation.