PGFX PRIME foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://crm.pgfxgroup.com/public/register?l=en-us, about the company's legal and temporary regulatory information, the company's address .
PGFX PRIME Forex Broker
Basic information
China
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskCompany profile
Note:PGFX Prime's official website:https://en.pgfxgroup.com/index.html is currently inaccessible normally.
AspectPGFX Prime Information
Founded in 2012 and with headquarters in China, PGFX Prime functions as an unregulated financial services firm. Although PGFX Prime provides the popular MetaTrader 4 (MT4) trading platform, which is preferred for its extensive charting tools and automated trading capabilities, lack of regulatory control raises questions over the safety and dependability of trading with PGFX Prime.
Is PGFX Prime Legit or a Scam？
| Financial Service Providers Register(FSPR) | |
| Current Status | Revoked |
| Regulated by | FSPR |
| License Type | Financial Service Corporate |
| License No. | 390686 |
| Licensed Institution | PROFIT CINDA GROUP LIMITED |
Downsides of PGFX Prime
Unregulated and lacking control from any financial regulating body is PGFX Prime. With little choices for conflict resolution, this exposes traders to hazards including inadequate fund security and abusive trading tactics. Prospect customers should weigh these hazards while assessing PGFX Prime.
Negative PGFX Prime on WikiFX
Exposure is the fundamental WikiFX comment section.
Before trading on unapproved platforms, people should review this part. It exposes material and evaluates hazards. Please discover specifics on our website here.
WikiFx encountered only one exposure. I shall mention it to you.
Exposure. Fraud Alert
| Classification | Fraud Alert |
| Date | April 28th,2021 |
| Post Country | Malaysia |
Advising others to avoid PGFX PRIME, the client said it is a fraud broker that embezzled their assets and made withdrawals impossible.You should notice:
https://www.wikifx.com/en/comments/detail/202104286242476050.html
Conclusion
Reports of fraud and a broken website point to PGFX Prime, an unregulated broker with offices in China, gravely undermining traders. Lack of openness and legislative control increases the risk of financial loss and difficulties in resolving conflicts. Given these problems, traders would be far better off using supervised brokers with ethical behavior to ensure a better trading environment.
Rating Index
PGFX PRIME Similarly Rated Brokers
Latest Reviews
Richard49625
Malaysia
Registration link: http://crm.pgfxprime.com/public/register?fromuser=7193 There are the chat history and withdrawal issues. Stay away from their scam
Exposure
2021-04-28
FX1149643685
Taiwan
The website of PGFX PRIME is no longer open... I read on wikifx that a user said he was scammed. To be honest, even if only one person said so, we should be more vigilant to see if this is the case, instead of thinking "only one person said he was cheated and no one else did it" and trade rashly.
Neutral
2022-12-14