Prospex has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Prospex has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Dedicated account manager|Easy withdrawals|Excellent charting
Cons: Limited demo account features
Do not be fooled by the professional-looking website. Behind the scenes, Prospex is disorganized and incompetent. I found them when my bank disappointed me and I searched for alternatives and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Good mobile app|Easy withdrawals|Economic calendar
Cons: Cannot customize dashboard fully|Website design could be more modern