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 |
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.
![]() | 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 |
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.
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
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.
OlympTrade is a relatively young online broker registered in Saint Vincent and the Grenadines, a shady spot with a booming of unlicensed entities. Tradable assets on the OlymTrade are not extensive, and this broker does not tell many essential trading conditions. As for trading platforms, I found trades can only operated on a simple web-based trading platform, no Metatrader platform at all.
WNS Trade Limit, established in 2023, is a forex broker incorporated in Mauritius under registration number C200345. The company operates under the jurisdiction of the Financial Services Commission (FSC) of Mauritius, holding license number GB232201953.
T4Trade, established in 2021 and regulated by the FSA in the Seychelles, allows trading on a modest portfolio of over 300 instruments, spanning forex, metals, indices, commodities, futures, and shares, all accessible via the popular MetaTrader 4 and their proprietary WebTrader platforms. Notably, T4Trade offers a zero-commissions pricing model where both floating and fixed spreads are offered on its MetaTrader—flexible leverage up to 1000:1 to increase trading flexibility. T4Trade also introduces a copy trading service called “TradeCopier”, which enables traders who lack experience or time to join in the markets by copying the trades of seasoned professionals.
GQFX Trading review 2025: Unregulated broker with poor ratings. Learn why trading with GQFX is risky and unsafe for your investments.