PGM Review
3
Review
Fast Facts
Account types
| CENT Account | STP Account | ECN Account | |
|---|---|---|---|
| Minimum Deposit | 100 USD | 300 USD | 5'000 USD |
| Maximum Leverage | 1:400 | ||
| Spread from (pips) | |||
| Commission per lot (USD) | |||
| Minimum Trade Size | |||
| Step | |||
| Execution Type | |||
| Trading Instruments | Stocks, Futures, Indices, Metals, Commodities, Forex | ||
| Margin Call | |||
| Stop out | |||
| Swap Free | |||
| Currency | USD | ||
Deposits / Withdrawals
- Account Currencies: USD
Contact Info and Support
INP MELBOURNE, Suite 103, 566 St kilda Road MELBOURNE VIC 3004
Traffic information
| Category | Metrics | Meaning |
|---|---|---|
| Ratings | Global Rank | - |
| Country Code | - | |
| Country Rank | - | |
| Category Rank | - | |
| Engagement metrics | Visits | 0 |
| Bounce Rate | 0 | |
| Pageviews per Visit | 0 | |
| Avg. Visit Duration | 0 | |
| Estimated monthly visits | December 2025 | 0 |
| January 2026 | 0 | |
| February 2026 | 0 | |
| Traffic sources | Social | - |
| Paid Referrals | - | |
| - | ||
| Referrals | - | |
| Search | - | |
| Direct | - |
About PGM
Primetime Global Markets, trading under the brand PGM, operates multiple account types: CENT Account (minimum deposit 100 USD), STP Account (minimum deposit 300 USD, base currency USD), and ECN Account (minimum deposit 5 000 USD, base currency USD). All accounts offer trading in Stocks/Equities, Futures, Indices, Precious Metals, Commodities, and Forex/Currencies via MT4 and MT5 platforms on Windows, Mac, WebTrader, Android, and iOS. Maximum leverage across these accounts is 1 : 400. Islamic/swap-free accounts are not offered. The broker does not support hedging, scalping, or use of Expert Advisors (EAs); negative balance protection (NBP) is provided. No commissions or spreads are specified in the source data.
PGM is incorporated in Australia (established 2015; headquarters: INP Melbourne, Suite 103, 566 St Kilda Road, Melbourne VIC 3004) but does not hold any regulatory licenses from ASIC, FCA, CySEC, or similar authorities. The firm claims authorisation under the Financial Services Authority (FSA) of Seychelles and, separately, holds FSCA licence number 54000 under a South African company registration (2020/586251/07). A Saint Lucia company registration (2024/C076) is also mentioned for retail business. There is no clear evidence these entities hold applicable retail licences in major regulated jurisdictions.
Reports indicate PGM has engaged in "regulatory arbitrage," suggesting its promotion of an Australian ASIC licence (AFSL 470050) to mislead retail clients, though that licence covers institutional clients only. Investors reportedly faced frozen accounts and unresolved withdrawal issues following trading losses attributed to abnormal system trades on December 30, 2024. Complaints lodged via AFCA were dismissed because the provider was identified as a different entity in Saint Lucia that lacks regulatory membership.
Who it’s for
- Experienced traders comfortable operating outside tightly regulated environments
- Clients seeking trading across a wide variety of asset classes (CFDs on forex, commodities, indices, equities, futures)
- Those able to tolerate significant counterparty and operational risk due to limited oversight
Pros and cons
Pros
- Wide range of instruments: Stocks, Futures, Indices, Precious Metals, Commodities, Forex
- Multiple account types with varying minimum deposits (100 USD to 5 000 USD) and leverage up to 1 : 400
- Support for MT4 and MT5 on desktop, web, and mobile
Cons
- No regulation by tier‑1 authorities; regulatory status is fragmented across Seychelles, South Africa, Saint Lucia
- Reported withdrawal freezes and client complaints regarding fund access
- No Islamic/swap-free options, no support for hedging, scalping, or EAs
