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PGM -

Score

6.11 /10
Average

PGM

Australia

10-15 years

Regulated in Australia

Institution Forex License (STP)

MT4 Full License

Regional Brokers

High potential risk

https://pgm-fx.com/en/

Benchmark

A

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Comparison

Quantity 9

Exposure

Open Account
Website

Score

Regulatory Index6.32

Business Index8.00

Risk Management Index0.00

Software Index8.50

License Index6.32

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

Primetime Global Markets Limited

Company Abbreviation

PGM

Platform registered country and region

Australia

Company website

X

YouTube

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

WikiFX Risk Alerts 2
Previous Detection : 2025-04-30
  • The number of the complaints received by WikiFX have reached 9 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • The AustraliaASIC (Regulatory number: 000470050) Institution Forex License (STP) held by belongs to the scope of institutional business, excluding retail business. It cannot open accounts for individual investors. Be aware of the risks!
EXPO

PGM Joins Wiki Finance Expo Hong Kong 2025

PGM, founded in 2015, is a leading global broker in the forex and CFD trading industry. Leveraging innovative financial technologies and deep industry expertise, we consistently provide efficient and transparent trading solutions for both retail and institutional clients. The platform offers diversified trading instruments including forex, precious metals, energy commodities, global indices and di

Hong Kong

WikiFX Verification

PGM · Benchmark
Average transaction speed(ms)
382.5 Good
The highest transaction speed(ms)
0 Perfect
The highest speed of opening positions(ms)
391 Poor
The highest speed of closing position(ms)
250
The lowest speed of opening positions(ms)
766 Great
The lowest speed of closing position(ms)
250 Perfect
Ranking： 70 / 125
Test user 181
Transactions 2,207
Ocuppied margin $402,613 USD
Data Source WikiFX Data provide
Updated: 2025-04-28 01:04:00

Exposure

9 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

Pgm froze accounts and does not allow withdrawals.

Scam. Account frozen, no withdrawal allowed. Don't be fooled.

FX3246138922
2025-02-18 21:29
Unable to Withdraw

Scam Platform, Cannot Withdraw Funds

This is a scam platform where withdrawals are not allowed, and accounts are being disabled.

tongue
2025-03-24 23:21
Unable to Withdraw

Return my hard-earned money

Platform for no reason to block the account, do not give the gold, return my hard-earned money!!!

FUAN
2025-04-02 09:04
Unable to Withdraw

Refuse to return the principal

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!

FX7931863622
2025-03-12 17:32
PGM · Company summary
PGWReview Summary
Founded1995
Registered Country/RegionMelbourne, Australia
RegulationASIC
Market InstrumentsFuturesCommoditiesPrecious metalsStocks indexForex exchange
Demo Account✅（STP account）
LeverageUp to 1:400
SpreadAs low as 0.5 pips
Trading PlatformMT4 & MT5
Min Deposit$100
Customer SupportLive chat
Email: cn.support@pgmfx.com
Physical Address: INP MELBOURNE, Suite 103, 566 St kilda Road MELBOURNE VIC 3004

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.

PRIMETIME GLOBAL MARKETS Information

Pros and Cons

Pros Cons
Multiple strict regulationsThe high minimum deposit of ￥5000 for ECN Account
More than 10,000 trading products
400 times leverage
24/7 serviceDelayed 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.

Is PRIMETIME GLOBAL MARKETS Legit?
Is PRIMETIME GLOBAL MARKETS Legit?

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❌
What Can I Trade on PGM?

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.

Account Types

When it comes to opening an account, PGM gives clear and easy steps. You may refer to:

Account Types

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 PlatformSupported Available Devices Suitable for
MT4✔Windows DesktopGoogle PlayAndroid APKiOS mobile terminalWeb pageNovice Trader
MT5✔Windows DesktopGoogle PlayAndroid APKiOS mobile terminalSkilled traders
Trading Platform
Trading Platform

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.

News

NewsIs PGM Broker Reliable? Full Review

PGM was incorporated in Australia in 2015. Currently, PGM mainly provides CFD trading services such as foreign exchange, precious metals, energy, index products, and cryptocurrencies.

WikiFX
2025-01-02 18:32
Is PGM Broker Reliable? Full Review
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User Reviews

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User comment

42

Comments

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FX1498588027
more than one year
The quick execution and low spreads are real pluses, and their customer service is always on point, ready to help whenever I need it. The platform is also very intuitive. So far, I'm quite satisfied with the overall experience.
The quick execution and low spreads are real pluses, and their customer service is always on point, ready to help whenever I need it. The platform is also very intuitive. So far, I'm quite satisfied with the overall experience.
Translate to English
2024-06-21 17:30
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0
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meiling10276
more than one year
As soon as you have a problem, you will go round and round until you have told the story so many times you give up. They always respond positively but never try to help. All smoke and mirrors. They will come in here and say 'oh just contact us we can help', empty promises all day long.
As soon as you have a problem, you will go round and round until you have told the story so many times you give up. They always respond positively but never try to help. All smoke and mirrors. They will come in here and say 'oh just contact us we can help', empty promises all day long.
Translate to English
2024-07-19 16:40
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0
0
9