Score

1.25 /10
Danger

PFG

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index4.99

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
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

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Warning: Low score, please stay away!
Previous Detection : 2024-12-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

PFG · Company summary
PFG Review Summary
Founded2022
Registered Country/RegionJapan
RegulationUnauthorized
Market InstrumentsForex, Commodities, Indices, Crypto currencies, Stocks
Demo Account
LeverageUp to 1:500
SpreadFrom 0.6 pips
Trading PlatformPFG app (based on MT4, MT5 platform)
Min Deposit$100
Customer SupportPhone: +1-681-496-9623
Email: contact@pfgjp.site
24/5 Online Chat: No
Physical Address: 1-8-12 Harumi, Chuo-ku, Tokyo, Japan

PFG Information

Japan-based PFG is a financial services company that has been around since 2022. The company lets you trade in many things, including stocks, forex, commodities, indices, and coins. One of the good things about them is that they only require a $100 deposit and offer spreads that are affordable at about 0.6 pips with no fees.

Pros and Cons

ProsCons
Low minimum deposit ($100)Unauthorized regulatory status
No commission chargesNewly established company (since 2022)
Competitive spreads (0.6 pips)

Is PFG Legit?

PFG is listed as an unregulated entity.

Is PFG Legit?

What Can I Trade on PFG?

PFG offers over 50 currency pairs and commodities, indices, stocks, and cryptocurrencies.

Tradable InstrumentsSupported
Forex
Commodities
Indices
Cryptocurrencies
Stocks
Bonds
ETFs

Account Types

PFG offers live accounts with a minimum deposit of $100. Also, it provides a demo account.

Account NameMin. DepositMin. SpreadLeverageKey Features
Live Account$100From 0.6 pipsUp to 1:500No commission, competitive spreads

Fees

PFG offers spreads from as low as 0.6 pips, with no additional commission charges.

Account TypeMin. SpreadCommission
Live AccountFrom 0.6 pips$0

Trading Platform

PFG provides PFG app for trading. It's based on MT4 and MT5 platform.

Trading PlatformSupportedAvailable DevicesSuitable for
PFG app (based on MT4/MT5)Mobile, DesktopBeginner and advanced traders

Deposit and Withdrawal

PFG offers various options for deposit and withdrawal, with a minimum deposit of $100. There are no specified fees for deposits or withdrawals.

Deposit OptionsMin. DepositFeesProcessing Time
Bank Transfer$100None1-3 business days
Debit/Credit Card$100NoneInstant
Third-Party Payment$100NoneVaries

User Reviews

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User comment

5

Comments

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Prada baby
more than one year
It's always great to be with PFG, very soft, understandable and simple running platform, accounting super tables are well designed, team always answer to questions helping to understand some hard issues. Big thank You to all people who work for your clients.
It's always great to be with PFG, very soft, understandable and simple running platform, accounting super tables are well designed, team always answer to questions helping to understand some hard issues. Big thank You to all people who work for your clients.
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2024-07-19 16:38
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YUQIU
more than one year
Spreads are really competitive. But it seems that this broker is not legit...
Spreads are really competitive. But it seems that this broker is not legit...
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2024-06-27 15:08
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