Prosperio Trade is a contract for difference broker, with its official website domain registered on July 25, 2023. The broker primarily offers investment services in markets such as forex, digital currencies, precious metals, commodities, and funds to retail and institutional clients. It does not provide services to countries or regions where doing so might violate local laws or regulations.
Company Registration Information and Regulatory Status
Public information on Prosperio Trade’s (prosperiotrade.com) website indicates that the broker’s activities are regulated by financial authorities in the United States. However, its “Terms of Service” page states that “any litigation arising from the terms of this website shall take place in courts located in Munich, Germany, and only those courts.” Additionally, clicking the “Legal” link at the bottom of the website reveals that the broker’s registered entity in the UK is Prosperio Trade, with registration number 11404421.
Upon investigation, the National Futures Association (NFA), the Financial Industry Regulatory Authority (FINRA), the Securities and Exchange Commission (SEC) in the United States, the New Zealand Companies Register, and the New Zealand Financial Service Providers Register did not have any registration information for a company named Prosperio Trade. Additionally, the UK Companies House website shows that the company registered under the number 11404421 is ZION FINANCE LTD, not Prosperio Trade, and that ZION FINANCE LTD was dissolved on May 14, 2024.
Therefore, Prosperio Trade (prosperiotrade.com) is essentially an unregulated scam broker website.
Account Opening Process
To open an account with Prosperio Trade, visit the broker’s website and click on “REGISTER NOW” on the homepage or “Join Now” at the top right corner. Fill in personal information such as name and email and set a login password, then submit. After submitting, verify the account to successfully complete the registration.
Investment Plans
Prosperio Trade offers five investment plans: the Overt Plan, Mide Plan, Equity Plan, Granite Plan, and Alpine Plan.
Overt Plan:
- Trading period: 10 days
- Minimum deposit amount: $100
- Maximum deposit amount: $1,999
- Referral bonus: 5%
- Enhanced security
- 24/7 dedicated support service
- Daily return rate: 1.5%
Mide Plan:
- Trading period: 15 days
- Minimum deposit amount: $2,000
- Maximum deposit amount: $4,999
- Referral bonus: 7%
- Enhanced security
- 24/7 dedicated support service
- Daily return rate: 2%
Equity Plan:
- Trading period: 20 days
- Minimum deposit amount: $5,000
- Maximum deposit amount: $9,999
- Referral bonus: 9%
- Enhanced security
- 24/7 dedicated support service
- Daily return rate: 3%
Granite Plan:
- Trading period: 30 days
- Minimum deposit amount: $10,000
- Maximum deposit amount: $4,999
- Referral bonus: 12%
- Enhanced security
- 24/7 dedicated support service
- Daily return rate: 5%
Alpine Plan:
- Trading period: 60 days
- Minimum deposit amount: $50,000
- Maximum deposit amount: unlimited
- Referral bonus: 15%
- Enhanced security
- 24/7 dedicated support service
- Daily return rate: 7.8%
Trading Platform
Prosperio Trade offers a self-developed trading platform, but it provides no detailed information about it and is only available as a web application.
Deposits and Withdrawals
Prosperio Trade supports deposits and withdrawals through various cryptocurrencies.
Conclusion
Traderknows reminds investors that Prosperio Trade is a scam broker luring investors with promises of high returns but is actually unregulated. Investors are advised to choose brokers with transparent information, strong regulation, and a good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
