Score

6.33 /10
Average

PGM

Australia

5-10 years

Regulated in Australia

Institution Forex License (STP)

MT4 Full License

Regional Brokers

Medium potential risk

AAA

Add brokers

Comparison

Quantity 2

Exposure

Time Machine
Website

Score

Regulatory Index4.94

Business Index7.98

Risk Management Index8.90

Software Index8.43

License Index4.94

Time Machine
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

Company summary

Pyramid scheme complaint

Expose

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WikiFX Risk Alerts
Previous Detection : 2025-01-21
  • 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!

WikiFX Verification

PGM · Benchmark
Average transaction speed(ms)
999.6 Poor
The highest transaction speed(ms)
294 Poor
The highest speed of opening positions(ms)
294
The highest speed of closing position(ms)
317
The lowest speed of opening positions(ms)
1997 Poor
The lowest speed of closing position(ms)
1996 Poor
Ranking: 9 / 120
Test user 155
Transactions 9,281
Ocuppied margin $372,173 USD
Data Source WikiFX Data provide
Updated: 2025-01-20 01:01:00
Pyramid scheme complaint
Expose
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
MT4Windows DesktopGoogle PlayAndroid APKiOS mobile terminalWeb pageNovice Trader
MT5Windows 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

User Reviews

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User comment

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FX2439150202
0-3months
该平台自导自演使用开平仓完全一致的假定单故意让客户严重亏损,冻结账户不让出金,资金盘骗局
该平台自导自演使用开平仓完全一致的假定单故意让客户严重亏损,冻结账户不让出金,资金盘骗局
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2025-01-21 15:03
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0
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通过好友推荐PGM平台,入金9万美元跟单!在12月30日平台出现了同一时间进仓同一时间平仓的大手数亏损单…导致我的仓位亏损百分之三十五,平台还无缘无故冻结我账户和出金!发邮件回复让我找代理,现在代理不管,卷商推卸责任!我深深感觉就是被诈骗…希望有朋友能看到帮帮我!哪怕把剩余本金还给我也行!
通过好友推荐PGM平台,入金9万美元跟单!在12月30日平台出现了同一时间进仓同一时间平仓的大手数亏损单…导致我的仓位亏损百分之三十五,平台还无缘无故冻结我账户和出金!发邮件回复让我找代理,现在代理不管,卷商推卸责任!我深深感觉就是被诈骗…希望有朋友能看到帮帮我!哪怕把剩余本金还给我也行!
Translate to English
+1
2025-01-21 20:44
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