Prospera Invest (clone) has been flagged by Finansinspektionen for "Fraud and Other Types of Misconduct". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.prosperagroup.se.
I requested my data from Prospera Invest (clone) under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Risk management tools|Personal attention|API access
Cons: No phone support on weekends
The so-called education at Prospera Invest (clone) is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for over a year thinking they would help me learn.
Pros: Helpful community forum|Personal attention|Multiple order types
Cons: Alert system is basic
Do not be fooled by the professional-looking website. Behind the scenes, Prospera Invest (clone) is disorganized and incompetent. I found them while looking for alternatives to my previous provider and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Multiple order types|Portfolio tracking tools|Professional team
Cons: Inactivity fee applies after 12 months|Limited demo account features