Singapore business site The Business Times is reporting that local CFDs broker ProsperUs (at website prosperus.asia) is being shut, as part of a consolidation being made by parent China Galaxy Securities and its main Singapore unit, CGS International.

ProsperUs had been operating as a CFDs broker focused on onboarding new / inexperienced Singapore and regional clients for the past five years, offering a heavy amount of educational content on its site. The company was run by CEO Edmund Lim, formerly with Tiger Brokers, CMC Markets, and Hirose Financial. Malcolm Koo, CEO of CGS International, told The Business Times that the decision to shutter ProsperUs was part of a strategic business direction to consolidate CGS International’s offerings to customers.

Indeed, on the ProsperUs, website, a notice is posted stating,

Important: ProsperUs Platform will be decommissioned on 30 November 2025. Please refer to the key date and FAQS below

Thank you for your interest in ProsperUs.

Please note that we are no longer accepting new account applications as the platform will be decommissioned from 30 November 2025.

The decision has been made to consolidate our systems to provide you with a more holistic approach to your trading experiences. Whether you’re just starting your investment journey or are an experienced trader, CGS International offers a suite of robust and intuitive trading platforms tailored to your unique style and goals.

We invite you to explore our range of solutions and discover the ideal platform to help you trade with confidence – all backed by CGS International’s trusted expertise and dedicated support.

ProsperUs also provided the following timeline for clients ahead of the November 30 date when its trading platform will be officially decommissioned.

Monday, 11 August 2025
Opening of new positions will no longer be allowed. All existing positions will be set to “Reduce Only” mode.

Friday, 17 October 2025
Last day to enjoy one-time fee waiver for transfer-out requests to another CGS SG platform or other brokerages.
Clients may still request transfers after this date, but standard transfer fees will apply.

Friday 31 October 2025
Final day for all clients to close all open positions and/or sell their mutual fund units – subject to market trading hours of the respective exchanges.

Monday, 3 November 2025
All remaining open positions (excluding stocks/ETFs) and/or mutual fund units will be closed/sold by CGS SG starting from market open.

Friday, 21 November 2025
Last day to withdraw any remaining balances and to submit any transfer-out request.

Friday, 28 November 2025
Last day to download any statements and other documents via the ProsperUs platform.

Sunday, 30 November 2025
The ProsperUs trading platform will be officially decommissioned.