PGM Forex broker specializes in providing foreign exchange trading services, the company's official website https://client.pgmfx.com/register, the company's legitimate regulatory information AustraliaASICInstitution Forex License (STP),South AfricaFSCARetail Forex License, to enhance the security of the company's address INP MELBOURNE, Suite 103, 566 St kilda Road MELBOURNE VIC 3004.
PGM Forex Broker
Basic information
Australia
10-15 years Regulated in Australia Regulated in South Africa Institution Forex License (STP) Retail Forex License MT4 Full License Regional Brokers High potential riskCompany profile
PRIMETIME GLOBAL MARKETS Information
PGM was incorporated in Australia in 2015. Currently, PGM mainly provides CFD trading services such as foreign exchange, precious metals, energy, index products, and crypto currencies.
PGM supports the use of the MT4 and MT5 platforms and offers three types of accounts for traders to choose from.
Pros and Cons
| Pros | Cons |
| Multiple strict regulations | The high minimum deposit of ￥5000 for ECN Account |
| More than 10,000 trading products | |
| 400 times leverage | |
| 24/7 service | Delayed response |
| Dedicated servers for data security | |
| Negative Balance Protection | |
| Ultra-low spreadsSpread as low as 0.1pips |
Is PRIMETIME GLOBAL MARKETS Legit?
It is authorized and regulated by the Australian Securities & Investments Commission (ASIC), Regulation Number (AFSL) 470050.
What Can I Trade on PGM?
PGM says it offers 1,0000 + products, Primetime Global Markets allows you to invest in futures, foreign exchange, precious metals, commodities, and stock indices with just one account.
| Tradable Instruments | Supported |
| Futures | ✔ |
| Commodities | ✔ |
| Precious metals | ✔ |
| Foreign exchange | ✔ |
| Stocks | ✔ |
| Options | ✔ |
| Indices | ✔ |
| Bonds | ❌ |
| ETF | ❌ |
Account Types
PGM offers three types of accounts for traders: CENT ACCOUNT, STP ACCOUNT, and ECN ACCOUNT. Minimum deposits range from $100 to $5000, and leverage can be up to 1:400.PGM supports trading 10,000+ CFDs.
When it comes to opening an account, PGM gives clear and easy steps. You may refer to:
PGM Fees
PGM offers competitive spreads and commissions across its different account types.
The CENT Account features a minimum spread of 2.2 pips for EUR/USD, making it suitable for beginners with smaller trading volumes and a focus on affordability.
In contrast, the STP Account presents tighter spreads, with a minimum of 1.6 pips for EUR/USD, appealing to traders seeking a balance between cost-effectiveness and functionality.
For experienced traders looking for the lowest spreads, the ECN Account stands out with a minimum spread of 0.5 pips for EUR/USD, albeit requiring a higher minimum deposit.
PGM does not charge any account inactivity fees.
Trading Platform
PGM allows traders to trade with both MT4 and MT5 platforms on Windows Desktop, Google Play, Android APK, iOS mobile terminal, as well as the Web page (for MT4 only).
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Windows DesktopGoogle PlayAndroid APKiOS mobile terminalWeb page | Novice Trader |
| MT5 | ✔ | Windows DesktopGoogle PlayAndroid APKiOS mobile terminal | Skilled traders |
Deposit and Withdrawal
The minimum deposit requirement varies based on the chosen account type: 100USDfortheCENTAccount,300 for the STP Account, and $5,000 for the ECN Account.
But they didn't disclose the deposit and withdrawal methods on their official website.
Rating Index
CENT account
ECN Account
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Latest Reviews
FX3246138922
Malaysia
Scam. Account frozen, no withdrawal allowed. Don't be fooled.
Exposure
02-18
FX3246138922
Malaysia
The platform is utterly corrupt! At the same time and at the same price point, my account managed to incur a loss of $18,000. It's outrageous that 50,000 USD could open 136 lots. Not only did they refuse compensation after the fact, but they also froze my account and prevented withdrawals! I demand immediate compensation and the release of my funds from the platform! Otherwise, they should not expect to continue doing business!
Exposure
01-19
FX7931863622
Malaysia
This broker accuses customers of violating trading rules whenever they make a profit. When asked to provide data or evidence, they fail to do so. What exactly constitutes a legitimate trade according to them? Even if a customer did violate rules, they should at least pay out principal amount. However, PGM refuses to return the principal; instead, they freeze your MT4 account and prevent you from logging in both on the platform and the backend. They just delay it!
Exposure
2025-03-12