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PCG- some details about this forex broker

PCG | 2022-09-13 22:08

Abstract:Registered in Saint Vincent and the Grenadines, PCG is an online forex broker offering a series of trading instruments through the advanced MT5 trading platform, such as forex, metals, indices, energies. PCG offers its clients three types of trading accounts, with the maximum trading leverage up to 1:400. PCG is operated by a company called PCG Global LLC, not authorized or regulated by any regulatory authorities, please be aware of the risk involved.

Since PCG‘s official website (https://www.pcgfx.com/) cannot be opened for now, we could only piece together this broker’s rough picture by gathering relevant information from other websites.

basic-info

General Information

Registered in Saint Vincent and the Grenadines, PCG is an online forex broker offering a series of trading instruments through the advanced MT5 trading platform, such as forex, metals, indices, energies. PCG offers its clients three types of trading accounts, with the maximum trading leverage up to 1:400.

PCG is operated by a company called PCG Global LLC, not authorized or regulated by any regulatory authorities, please be aware of the risk involved.

Market Instruments

PCG boasts that it offers more than 300 trading instruments. Different types of trading assets, such as Forex, Metals, Indices, and Energies are all available through this brokerage platform.

Account Types

PCG offers its clients three types of trading accounts, namely Candidate, Retail and Institutional account. The minimum deposit to open a Candidate account is acceptable $200, and another two account, the Retail and Institutional accounts, ask for a high initial deposit of $15,000 and $30,000, respectively.

account-types

Leverage

Trading leverage varies depending on trading accounts, ranging from 1:200 to 1:400. Problematically, PCG permits traders to use leverage of up to 1:400, which is significantly higher than the levels regarded appropriate by many regulators.

As leverage can magnify gains as well as losses, investors are advised choose the proper amount that they feel most at ease.

Spreads

Spreads are determined by trading accounts. retail account offers spreads from 1.0 pips, while the Institutional account holders can enjoy spreads from 0.0 pips.

Trading Platform

PCG offers its clients the access to popular MT4 trading platform that can be available for Desktop, Mobile and Web terminals.

Traders can quickly analyze market activity, place trades, and integrate automated systems thanks to this powerful platform's convenient workspace (Expert Advisors). Everything you need to begin trading on the financial markets, including all of the above features, is available in a single, convenient interface.

Customer Support

Traders can reach out to LAVA PRIME about any questions or concerns they may have about their accounts or their trading through an email it gives: support@pcgfx.com.

Besides, you can also follow this brokerage on some social media platforms, such as Twitter, Facebook, Linkedin and Instagram.

Registered Company Address: 1st Floor, 1st St Vincent Bank Ltd Building, James Street, Kingstown, Saint Vincent and the Grenadines.

Risk Warning

There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.

The information presented in this article is intended solely for reference purposes.

Forex tradingForex Broker

Related broker

No Regulation
PCG
Company name:PCG Global LLC
Score
1.43
Website:https://www.pcgfx.com/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.43

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