PFG Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-28 11:47

Abstract：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.

PFG Review Summary
Founded	2022
Registered Country/Region	Japan
Regulation	Unauthorized
Market Instruments	Forex, Commodities, Indices, Crypto currencies, Stocks
Demo Account	✅
Leverage	Up to 1:500
Spread	From 0.6 pips
Trading Platform	PFG app (based on MT4, MT5 platform)
Min Deposit	$100
Customer Support	Phone: +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

Pros	Cons
Low minimum deposit ($100)	Unauthorized regulatory status
No commission charges	Newly established company (since 2022)
Competitive spreads (0.6 pips)

Is PFG Legit?

　　PFG is listed as an unregulated entity.

What Can I Trade on PFG?

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

Tradable Instruments	Supported
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 Name	Min. Deposit	Min. Spread	Leverage	Key Features
Live Account	$100	From 0.6 pips	Up to 1:500	No commission, competitive spreads

　　Fees

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

Account Type	Min. Spread	Commission
Live Account	From 0.6 pips	$0

Trading Platform

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

Trading Platform	Supported	Available Devices	Suitable for
PFG app (based on MT4/MT5)	✔	Mobile, Desktop	Beginner 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 Options	Min. Deposit	Fees	Processing Time
Bank Transfer	$100	None	1-3 business days
Debit/Credit Card	$100	None	Instant
Third-Party Payment	$100	None	Varies