PGFX PRIME Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-08-08 18:34

Abstract：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.

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

Aspect	Information
Company Name	PGFX Prime
Registered Country/Area	China
Founded Year	2012
Regulation	Unregulated
Trading Platform	MT4

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.

Is PGFX Prime Legit or a Scam？

	Financial Service Providers Register(FSPR)
Current Status	Revoked
Regulated by	FSPR
License Type	Financial Service Corporate
License No.	390686
Licensed Institution	PROFIT 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

Classification	Fraud Alert
Date	April 28th,2021
Post Country	Malaysia

　　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.