Wikilix - Broker Reviews & Analysis

Your trusted platform for comprehensive broker reviews, analysis, and trading education. Making informed trading decisions through transparency and community insights.

Trusted by 50,000+ traders worldwide

Quick Links

  • About
  • Contact us
  • Regulators
  • Education
  • Privacy Policy
  • Editorial Policy

Resources

  • All Brokers
  • Top Brokers
  • Scam Alerts
  • News
  • Spread Meter

Connect With Us

[email protected]
[email protected]
Secure & Encrypted
Global Broker Coverage

Broker categories

  • Tier 1 regulated
  • Tier 2 regulated
  • Tier 3 regulated
  • Tier 4 regulated
  • Onshore brokers
  • Offshore brokers
  • Unregulated brokers
  • Brokers by country
  • Broker rankings
© 2026 Wikilix. All Rights Reserved.

Trading involves risk. Please consider your investment objectives and risk tolerance before trading.

Wikilix
  • Home
  • Broker
  • Rankings
  • Regulators
  • Learn
  • Insights
  • Spread Meter
  • Prop Firms
Wikilix
Wikilix

Browse

  • Home
  • Learn
  • Spread Meter

Follow us

  1. Home
  2. Brokers
  3. Prometheus Markets
  4. Is Prometheus Markets a scam?
Prometheus Markets Ltd logo

Independent safety report

Is Prometheus Markets a scam?

High risk (unverified)MEDIUM confidence
Updated August 19, 2026
No scam established; young offshore operation

We found no evidence that Prometheus Markets is a scam. Its Seychelles licence is real and we confirmed it on the regulator's own register. We are still publishing a risk figure of 68 percent, because this is a very young offshore operation with almost no verifiable client track record.

  • The licence is genuine. The Seychelles Financial Services Authority lists Prometheus Markets Ltd as a licensed Securities Dealer, and the register entry carries this broker's own website, phone number and support email.
  • It is a low-tier offshore licence. There is no compensation scheme and no deposit guarantee behind it, so it offers little practical protection if something goes wrong.
  • The operation is new. The website domain was registered on 14 April 2025, and the first archived copy of the site appeared two days later.
  • There is almost no client footprint. The Trustpilot page for this exact domain has zero reviews, and the company's own Telegram channel has two subscribers.
  • Two people complained in April 2026 that withdrawals were delayed or refused. Neither complaint gave amounts, dates or ticket numbers, both sit on a single website, and the company publicly denied it was even trading then. We treat the pattern as unproven.
Full broker profileOfficial site

Safety verdict

High risk
0%Scam risk
2.5/5Safety rating 2.5 out of 5
Wikilix safety rating
medium
Confidence
At a glance
Proof of regulationFound
Clone of another firmNo
TypeNo scam established; young offshore operation
Evidence items13
  • VerdictReading now
  • Risk scorecard
  • Who they are
  • Regulation
  • Why this verdict
  • Evidence
  • The other side
  • What would change
  • Check it yourself
  • FAQ
  • What we recommend
Report progress
Total sections11
Read1
VerdictRisk scorecardWho they areRegulationWhy this verdict

Risk scorecard

Each area is scored 0 (clean) to 10 (worst). Higher means more risk.

Worst area: High
SeverityLowModerateHighCritical

Regulation

6/10 · High

A genuine Securities Dealer licence confirmed on the Seychelles FSA's own register with a matching domain, but a low-tier offshore authorisation with no compensation scheme.

Identity & transparency

4/10 · Moderate

Legal entity, company number and address are published and match the register, though no owners or directors are named and the site's imprint gives a different office than the register.

Withdrawals & conduct

4/10 · Moderate

Two fund-access complaints from April 2026 on a single platform, with no amounts, dates or ticket numbers, and both answered publicly by the company; pattern unconfirmed.

Reputation

5/10 · Moderate

Almost no independent footprint: zero Trustpilot reviews for the domain, two Telegram subscribers, no forum discussion, and no positive reports to weigh against the two complaints.

Website claims

3/10 · Low

The licence number, statute and legal entity on the site match the register exactly, with no invented founding year, fake awards or profit promises; the segregation claim is unverified.

Operational history

6/10 · High

Roughly sixteen months of verifiable existence from the domain record, and the incorporation date could not be established, so the figure is an upper bound.

Who they are

A quick desk file on the company behind the brand.

  • Brand: Prometheus Markets
  • Legal entity: Prometheus Markets Ltd, Seychelles company number 8439123-1
  • Registered: IMAD Complex, Ile Du Port, Mahe, Seychelles. The regulator's register records Office 3, Unit 211, 1st Floor; the website's own imprint says Office 12, 3rd Floor of the same complex.
  • Website: prometheus-markets.com, with a client portal at secure.prometheus-markets.com and MetaTrader web platforms on two further subdomains
  • Only licence: Seychelles Financial Services Authority, Securities Dealer licence SD240, under the Securities Act 2007
  • Offers: forex, index, commodity, share and crypto CFDs on MetaTrader 4 and MetaTrader 5, through an ECN account with a 100 unit minimum deposit
  • Not accepted: residents of the United States, Canada, Israel, New Zealand, Iran and North Korea
  • Age claim: none. The company advertises no founding year, and we found no claim of a longer history than we could verify.
The broker's own company page stating that Prometheus Markets is authorised and regulated by the Seychelles FSA as a Securities Dealer under licence number SD240.
The Prometheus Markets home page, with the footer naming Prometheus Markets Ltd, Seychelles company number 8439123-1 and licence SD240.
The published deposit and withdrawal terms, showing bank transfer, card and Google or Apple Pay funding with no crypto option, and a 300 minimum withdrawal.

Regulation

Who really oversees this broker, and what each licence is worth to you.

Proof found

Proof of regulation on an official register: Yes

We confirmed this broker on a genuine regulator’s register.

Licences the broker publishes

Financial Services Authority (FSA), Seychelles

VerifiedTier 3Limited relevance
A Securities Dealer licence issued under the Seychelles Securities Act 2007. It genuinely permits dealing in securities and derivatives, and the holder is supervised, but it is a light-touch offshore authorisation rather than a tier-one trading licence.
Protection: Low. There is no investor compensation scheme and no deposit guarantee. Protection of client money depends on the firm's own segregation arrangements, which cannot be independently verified.Official register
Prometheus Markets Ltd listed on the Seychelles Financial Services Authority register of licensed Securities Dealers, showing its Mahe address, phone number, support email and website.

Why we reached this verdict

How the evidence adds up.

The honest answer is that we could not find misconduct, and we also could not find enough real-world operating history to call this broker safe. Those are different things, and the score reflects the second one.

  • The regulation checks out, as far as it goes. We opened the Seychelles Financial Services Authority's list of licensed Securities Dealers and found Prometheus Markets Ltd on it. The register entry shows the same website, the same support email and the same Seychelles phone number that the broker publishes. That is the test that catches clone firms, and this broker passes it.
  • But a Seychelles Securities Dealer licence is weak protection. It is a low-tier offshore authorisation. There is no investor compensation scheme and no deposit guarantee. If the firm fails or refuses to pay, your practical options are limited.
  • The operation is roughly sixteen months old. The domain was registered on 14 April 2025 and the first archived copy of the website dates from 16 April 2025. There is no earlier brand, no predecessor domain and no recycled website content, so nothing suggests a hidden history. It is simply new.
  • This age figure is an upper bound. The Seychelles company registry is not open to public search, so we could not establish when Prometheus Markets Ltd was incorporated. The track record therefore rests on the domain alone, and the true figure can only be lower, not higher.
  • The client footprint is close to empty. The Trustpilot page for this exact domain carries no reviews at all. The company's own Telegram channel has two subscribers. For a brokerage advertising global reach, that is a thin trace.
  • The two withdrawal complaints do not pass our pattern test. Both appeared in April 2026 on one review site. One says profits were treated as invalid at withdrawal; the other says requests were delayed or rejected and balances went missing. Neither gives an amount, a date, a ticket number or a staff name, and the company answered both publicly, stating it was not taking clients at that time. Two of our four tests are met, so we record the pattern as unconfirmed rather than proven.
  • Several things point the other way and we have credited them. Deposits run through bank transfer, cards and Google or Apple Pay rather than crypto wallets, and third-party payments are refused. The sign-up form asks only for an email, a password and a country, with no demand for a phone number and no bonus countdown. A live MetaTrader server and working web platforms exist, so this is a real trading operation, not an empty shell. The site's licence number and legal entity match the register exactly, and it makes no inflated claim about its age.
  • Nothing similar is a warning against this firm. Regulators have published alerts about a Prometheus Investment Management on prometheusuk.com and a Prometheus Investment Alliance on a German domain. We checked both. They are different operations with different websites, and we have not counted them against this broker.
  • Why the published figure is 68 and not 48. On the evidence alone this profile scores about 48 percent. Our rules lift any broker with under three years of verifiable history, because a clean record means least when there is barely any record to read. The uplift reflects a young and largely untested operation, not misconduct we found.

Evidence ledger

Every finding, with its source and how strongly it points.

5 against4 in favour
  • E1The Seychelles Financial Services Authority lists Prometheus Markets Ltd on its register of licensed Securities Dealers, showing the website Prometheus-markets.com, the email [email protected] and the phone number +248 4321716. The licence therefore belongs to the operation that runs the investigated website, and the clone test passes.

    Hard proofFinancial Services Authority Seychelles, Securities Dealer register
  • E2A licence record on a third-party broker directory independently attributes licence number SD240 to Prometheus Markets Ltd in Seychelles, with the institution website given as this broker's own domain. No effective date is shown.

    ModerateA third-party broker directory
  • E3The domain prometheus-markets.com was registered on 14 April 2025 through GoDaddy, giving the operation roughly sixteen months of existence as of August 2026.

    StrongVerisign registry record for the .com domain
  • E4The earliest archived capture of the website is dated 16 April 2025, two days after the domain was registered. There is no earlier content, no previous brand and no recycled site, so the domain was not bought used and no hidden history precedes it.

    ModerateInternet Archive availability record
  • E5The Trustpilot page for prometheus-markets.com shows zero reviews and a company profile claimed in April 2026, listing Seychelles and this broker's own support email. For a brokerage advertising global reach, the complete absence of client reviews is a thin trace.

    ModerateTrustpilot review page for the exact domain
  • E6Two reviews from April 2026 allege fund-access problems: one that profits were treated as invalid at withdrawal, another that withdrawal requests were delayed or rejected and balances disappeared. Neither gives an amount, a date, a ticket number or a staff name. The company replied publicly on 12 August 2026 stating it was not accepting clients or providing trading services on those dates.

    ModerateBroker review platform user reviews and company response
  • E7Deposits are taken by bank wire, card and Google or Apple Pay, and payments from third parties are refused. There are no crypto wallet deposits, which is the usual funding route for withdrawal-trap operations. Withdrawals are by bank transfer with a 300 minimum against a 10 card deposit minimum.

    ModeratePrometheus Markets deposits and withdrawals page
  • E8The account registration form asks only for country of residence, email and password, and links to the customer service agreement. There is no mandatory phone number, no promise of a personal account manager and no bonus countdown, so the onboarding is not a boiler-room funnel. The same legal entity and licence number are disclosed on the portal.

    ModeratePrometheus Markets client registration portal
  • E9A live MetaTrader 4 web platform runs on the company's own subdomain, and a third-party directory records a live MetaTrader server named for the brand together with white label MetaTrader 4 and 5 access. A real trading operation exists behind the website rather than a purely cosmetic front.

    ModeratePrometheus Markets MetaTrader 4 WebTrader, corroborated by a third-party broker directory
  • E10The broker's own company page states it is authorised and regulated by the Seychelles FSA as a Securities Dealer under the Securities Act 2007 with licence number SD240, which matches the register exactly. No founding year or trading-since claim appears anywhere on the site, so there is no inflated history to contradict.

    ModeratePrometheus Markets company and regulation page
  • E11The UK warning that names the Prometheus brand concerns a firm operating prometheusuk.com from a London address, and it does not mention this broker's domain or Seychelles at all. It is a different operation and its history has not been counted against this broker.

    StrongFinancial Conduct Authority warning notice
  • E12The company's own Telegram channel has two subscribers, which corroborates a very small or very new client base rather than the established global brokerage the website describes.

    WeakPrometheus Markets official Telegram channel
  • E13The website imprint gives the registered office as Office 12, 3rd Floor, IMAD Complex, Ile Du Port, Mahe, while the regulator's register records Office 3, Unit 211, 1st Floor of the same complex. The building matches, the suite does not, which points to a move or a stale record rather than a false address.

    WeakPrometheus Markets website imprint compared with the FSA register entry
The two April 2026 user complaints about delayed or rejected withdrawals, each followed by the company's public response denying it was trading at that time.
The Prometheus Markets client registration form, which asks only for country, email and password and discloses the Seychelles legal entity in its footer.
The UK regulator's warning about Prometheus Investment Management, which names the website prometheusuk.com and is a different operation from this broker.

The other side

The strongest case in this broker’s favour.

Here is the strongest fair case for Prometheus Markets, and we think parts of it are genuinely persuasive.

  • The licence is real and it is theirs. Most brokers we investigate at this risk level either hold nothing or quote somebody else's number. This one appears on the regulator's own register with a matching domain and email, which is the single hardest thing for a fake operation to arrange.
  • Being new is not a crime. Every honest brokerage was sixteen months old once. Our score is driven substantially by youth, and youth resolves itself with time.
  • They do not oversell. There is no invented founding year, no fake awards, no guaranteed returns and no celebrity endorsement. The website describes the licence accurately, including the correct statute. That restraint is unusual among genuinely fraudulent brokers.
  • The money plumbing looks conventional. Card, bank and Apple or Google Pay rails mean a payment processor has done its own checks on this company. Crypto-only deposits, the hallmark of the withdrawal trap, are absent.
  • The onboarding is not a sales funnel. No mandatory phone number, no promise of a personal account manager, no bonus timer. That is the opposite of a boiler room.
  • The two complaints may not even describe this broker. They arrived within four days of each other, contain no checkable detail, and the company answered on the record that it was not trading at the time. Fabricated or misdirected complaints are common, and we could not verify either account.
  • An empty Trustpilot page cuts both ways. It means no verified client has complained there either.

What would change this

What we would need to see to revise the verdict.

This verdict is about missing history, so most of what would move it is simply evidence accumulating over time.

  • Would lower the risk: twelve to eighteen more months of trading with a visible base of independent reviews that include completed withdrawals, particularly on the Trustpilot page for this domain.
  • Would lower the risk: the Seychelles company registry, or the broker itself, confirming the incorporation date of Prometheus Markets Ltd, so the company side of the track record stops being an open question.
  • Would lower the risk: the broker publishing a direct link from its licence claim to the regulator's register, and aligning the registered address in its website imprint with the one the register holds.
  • Would lower the risk: an audited statement or a bank confirmation supporting the claim that client funds sit in segregated accounts.
  • Would raise the risk sharply: any regulator naming prometheus-markets.com or Prometheus Markets Ltd on a warning or alert list.
  • Would raise the risk sharply: three or more detailed withdrawal complaints, with amounts and dates, appearing across two or more independent platforms in one window.
  • Would be decisive on its own: a single credible report that the company asked a client for an extra payment, a tax or a fee, before releasing funds.
  • Would raise the risk: the SD240 licence disappearing from the register, or the register showing it cancelled or lapsed while the site still advertises it.

Check it yourself

Official registers and warning lists. Verify every claim first-hand.

5 sources

Seychelles FSA register of licensed Securities Dealers

The regulator's own list, where Prometheus Markets Ltd appears with its website and contact details.

Prometheus Markets company and regulation statement

The broker's own page naming its legal entity and licence number SD240.

Prometheus Markets deposit and withdrawal terms

Payment methods, minimum amounts and stated processing times.

Trustpilot page for prometheus-markets.com

Independent review page for this exact domain, currently with no reviews.

FCA warning about a different firm using the Prometheus name

Shows that the UK warning concerns prometheusuk.com and not this broker.

Frequently asked questions

Quick answers about this broker’s safety.

12 questions
Is Prometheus Markets a scam?

We found no evidence that it is. Its Seychelles licence is genuine and we confirmed it on the regulator's own register. We rate it 68 percent risk because it is a very young offshore operation with almost no verifiable client track record, not because we found fraud.

Is Prometheus Markets regulated?

Yes. Prometheus Markets Ltd holds Securities Dealer licence SD240 from the Seychelles Financial Services Authority under the Securities Act 2007. We found the company on the regulator's public list of licensed Securities Dealers, and the entry carries this broker's own website and support email.

How good is a Seychelles FSA licence?

It is a low-tier offshore licence. It is real supervision, but far lighter than what the FCA in the United Kingdom or ASIC in Australia apply. Most importantly there is no investor compensation scheme, so no fund exists to repay you if the broker fails.

Is my money safe with Prometheus Markets?

There is no guarantee. The company says client funds are held in segregated accounts, but that is its own statement and we could not independently verify it. With no compensation scheme behind the licence, you are relying on the firm's own conduct and finances.

Can I withdraw my money from Prometheus Markets?

The published terms say withdrawal requests submitted before 12:00 GMT on a business day are processed the same day, with bank transfers arriving in one to three business days. Two users complained in April 2026 that withdrawals were delayed or refused, but neither gave checkable detail and the company denied it was trading then. We could not confirm a withdrawal problem, and we could not confirm the absence of one.

How old is Prometheus Markets?

About sixteen months as of August 2026. The domain prometheus-markets.com was registered on 14 April 2025 and the first archived copy of the website appeared on 16 April 2025. Because the Seychelles company registry is not publicly searchable, we could not date the company itself, so this figure is an upper bound.

Who owns Prometheus Markets?

The operating company is Prometheus Markets Ltd, a Seychelles company with registration number 8439123-1. The website does not name any directors, owners or senior staff, and the Seychelles registry is not open to public search, so the ownership behind it is not disclosed.

Is Prometheus Markets a clone of another broker?

No. We ran the clone test, which is the check that catches brokers wearing another firm's credentials. The regulator's register lists Prometheus Markets Ltd with this broker's own domain, email and phone number, so the licence belongs to the operation actually running the website.

Has any regulator warned about Prometheus Markets?

Not this one. We checked the major warning and alert lists and found nothing naming prometheus-markets.com or Prometheus Markets Ltd. There are warnings about similarly named operations, including a Prometheus Investment Management on prometheusuk.com and a Prometheus Investment Alliance on a German website, but those are different companies.

Why are there almost no reviews of Prometheus Markets?

Because the business is new. The Trustpilot page for the domain has no reviews, its Telegram channel has two subscribers, and we found no discussion on trading forums. That absence is a genuine risk in itself, since a thin footprint means nobody has yet publicly tested whether this broker pays out.

What platforms and products does Prometheus Markets offer?

MetaTrader 4 and MetaTrader 5, both live as web platforms on the company's own subdomains, plus a client portal. Products are CFDs on forex, indices, commodities, shares and crypto through an ECN account, with a minimum deposit of 100 dollars, euros or pounds.

What should I check before depositing with any offshore broker?

Confirm the licence number on the regulator's own register rather than on the broker's website. Check that the entity named on the register is the one your contract is with. Test a small withdrawal before committing more. Keep written records of every payment. And never pay a fee or tax to release your own funds, because no legitimate broker asks for that.

What we recommend

The practical takeaway from everything above.

Our advice

Treat this as a high-risk offshore broker that has not yet earned trust, rather than as a proven fraud.

  • If you are considering depositing, keep the amount small enough that losing it would not hurt, and test a full withdrawal cycle early before adding more.
  • Understand what the licence does not do. A Seychelles Securities Dealer licence carries no compensation scheme, so there is no fund to repay you if the company fails.
  • Confirm the licence yourself on the regulator's register before you fund an account. The link is in the sources on this page.
  • Keep your own records: deposit receipts, withdrawal request timestamps, and any chat or email about your money. These are what a complaint stands or falls on.
  • Prefer bank transfer or card. A card payment gives you a chargeback route that a crypto transfer does not.
  • If a withdrawal stalls, put the request in writing, cite the company's own published processing times, and escalate to the Seychelles Financial Services Authority. Never pay a fee, a tax or an unlocking charge to release your own funds, and ignore anyone who offers to recover money for an upfront payment.
  • We will look at this broker again. A young operation with a clean record is exactly the case where a second look, later, matters most.

This is an independent assessment of risk, not a legal ruling. Scores and verdicts follow the Wikilix broker-safety methodology and can change as new evidence appears. Review scores are treated with caution when a broker’s reviews look manipulated. Last reviewed August 19, 2026. If any detail here is out of date or incorrect, or you represent this broker, please contact us.