Score

1.47 /10
Danger

PGFX PRIME

Suspicious Regulatory License

High potential risk

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Comparison

Quantity 1

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.66

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

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

PGFX Technology Co., Limited

Company Abbreviation

PGFX PRIME

Platform registered country and region

China

Company website

Company summary

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-11
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Pyramid scheme complaint
Expose
PGFX PRIME · Company summary

Note:PGFX Prime's official website:https://en.pgfxgroup.com/index.html is currently inaccessible normally.

AspectInformation
Company NamePGFX Prime
Registered Country/AreaChina
Founded Year2012
RegulationUnregulated
Trading PlatformMT4

PGFX 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.

PGFX Prime Information

Is PGFX Prime Legit or a Scam?

PGFX Prime Information
Financial Service Providers Register(FSPR)
Current StatusRevoked
Regulated byFSPR
License TypeFinancial Service Corporate
License No.390686
Licensed InstitutionPROFIT 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

Negative PGFX Prime on WikiFX
ClassificationFraud Alert
DateApril 28th,2021
Post CountryMalaysia

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.

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FX1149643685
more than one year
PGFX PRIME的網站已經打不開了……我在wikifx上面看到有一個用戶説自己被騙了。説實話即使只有一個人這麽説,我們也應該提高警惕,去看看到底是不是如此,而不是想著“只有一個人説他被騙其他人都沒有”而貿然交易。
PGFX PRIME的網站已經打不開了……我在wikifx上面看到有一個用戶説自己被騙了。説實話即使只有一個人這麽説,我們也應該提高警惕,去看看到底是不是如此,而不是想著“只有一個人説他被騙其他人都沒有”而貿然交易。
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2022-12-14 16:39
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