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

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Comparison

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Time Machine
Website

Score

Regulatory Index4.94

Business Index7.97

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

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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

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WikiFX Risk Alerts
Previous Detection : 2024-12-22
  • 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)
945.5 Poor
The highest transaction speed(ms)
177
The highest speed of opening positions(ms)
194 Good
The highest speed of closing position(ms)
177 Good
The lowest speed of opening positions(ms)
1999 Poor
The lowest speed of closing position(ms)
1997 Poor
Ranking: 10 / 125
Test user 173
Transactions 15,110
Ocuppied margin $295,124 USD
Data Source WikiFX Data provide
Updated: 2024-12-20 01:12:00
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.

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晨晨
0-3months
交易挣了100美金。申请3天无法出金。 又挣了500美金。直接无法申请出金,验证码一直提示错误
交易挣了100美金。申请3天无法出金。 又挣了500美金。直接无法申请出金,验证码一直提示错误
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2024-11-11 22:46
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0
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水满金山
more than one year
和客户经理碰面以后感觉没什么问题,就开仓做单.赢了一些钱.然后开仓就严重划点.申请补钱.刷手续费.也不出金.他们也不给处理
和客户经理碰面以后感觉没什么问题,就开仓做单.赢了一些钱.然后开仓就严重划点.申请补钱.刷手续费.也不出金.他们也不给处理
Translate to English
+3
2024-08-02 11:20
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