FPG Journal (Broker rebranded)
| Journal status: closed |
FPG Profile
Website
fortuneprime.com (rebranded to fortuneprimeglobal.com)
Year
2011
Country
Vanuatu
Branches
6
Regulation
VFSC Vanuatu
Registration
VFSC Vanuatu, ASIC Australia
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х US
Broker type
MM, STP, DMA, ECN pricing
Dealing book
A+B hybrid book, A-book
Tier
3
Execution speed
0.01 ms
LPs total
5
LPs quality
Tier-1 Banks
LPs names
Citibank, HSBC
FPG Accounts
STP
ECN
Minimum Deposit
50 $
200 $
Leverage
500 : 1
500 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
...
0 pips
Commission
0 $/lotRT
7 $/lotRT
Volume
...
...
Margin Call
100 %
100 %
Stop Out
50 %
50 %
Execution
Market
Market
Spread
floating
floating
Scalping
yes
yes
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Local Transfer, Tether
Base currency
USD, EUR
Segregated accounts
yes
Interest on margin
no
Inactivity fee
none
| Update broker |
Is FPG safe?
- Investor protection: no
- Regulation: VFSC Vanuatu
- Registration: VFSC Vanuatu, ASIC Australia
- Publicly traded: no
- Segregated account: yes
- Guaranteed Stop Loss: no
- Negative Balance Protection: no
Is FPG trusted?
- Information transparency: sufficient
★★★ - Customer service: ...
- FPG website: semi-detailed, updated
★★★ - FPG popularity (by visitor count): low visits
★★
How FPG works
We are one of the fastest growing ECN brokers in the industry connecting traders to tier-1 liquidity.
https://fortuneprime.com/about-us-2/intro/
FPG offers Institutional grade liquidity from the world’s largest institutions, direct to our traders.
Raw Spreads From 0.0 pip
Raw Spreads From 0.0 pip
https://fortuneprime.com/account-types-2/ecn/
2.3. We enter into each Contract as a principal.
Hedging Partner means any counterparty to which we have deemed suitable to form an agreement to pass all trades as back to back transactions to manage risk.
2.5. We act under the Terms and Conditions as a market maker, and accordingly, set the Product Price at which we are prepared to deal with you; and
2.6. Product Prices that may be quoted or traded upon from time to time by other market makers or third parties do not apply to trades and dealings between you and us.
Hedging Partner means any counterparty to which we have deemed suitable to form an agreement to pass all trades as back to back transactions to manage risk.
2.5. We act under the Terms and Conditions as a market maker, and accordingly, set the Product Price at which we are prepared to deal with you; and
2.6. Product Prices that may be quoted or traded upon from time to time by other market makers or third parties do not apply to trades and dealings between you and us.
https://fortuneprime.com/wp-content/uploads/2021/12/FPG-Terms-Conditions.pdf
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