Company Profile
Company Profile
Review summary
| PGWReview Summary | |
| Founded | 1995 |
| Registered Country/Region | Melbourne, Australia |
| Regulation | ASIC |
| Market Instruments | FuturesCommoditiesPrecious metalsStocks indexForex exchange |
| Demo Account | ✅(STP account) |
| Leverage | Up to 1:400 |
| Spread | As low as 0.5 pips |
| Trading Platform | MT4 & MT5 |
| Min Deposit | $100 |
| Customer Support | Live chat |
| Email: cn.support@pgmfx.com | |
| Physical Address: INP MELBOURNE, Suite 103, 566 St kilda Road MELBOURNE VIC 3004 | |
PRIMETIME GLOBAL MARKETS Information
PGM was incorporated in Australia in 2015. Currently, PGM mainly provides CFD trading services such as foreign exchange, precious metals, energy, index products, and crypto currencies.
PGM supports the use of the MT4 and MT5 platforms and offers three types of accounts for traders to choose from.

Pros and Cons
| Pros | Cons |
| Multiple strict regulations | The high minimum deposit of ¥5000 for ECN Account |
| More than 10,000 trading products | |
| 400 times leverage | |
| 24/7 service | Delayed response |
| Dedicated servers for data security | |
| Negative Balance Protection | |
| Ultra-low spreadsSpread as low as 0.1pips |
Is PRIMETIME GLOBAL MARKETS Legit?
It is authorized and regulated by the Australian Securities & Investments Commission (ASIC), Regulation Number (AFSL) 470050.


What Can I Trade on PGM?
PGM says it offers 1,0000 + products, Primetime Global Markets allows you to invest in futures, foreign exchange, precious metals, commodities, and stock indices with just one account.
| Tradable Instruments | Supported |
| Futures | ✔ |
| Commodities | ✔ |
| Precious metals | ✔ |
| Foreign exchange | ✔ |
| Stocks | ✔ |
| Options | ✔ |
| Indices | ✔ |
| Bonds | ❌ |
| ETF | ❌ |

Account Types
PGM offers three types of accounts for traders: CENT ACCOUNT, STP ACCOUNT, and ECN ACCOUNT. Minimum deposits range from $100 to $5000, and leverage can be up to 1:400.PGM supports trading 10,000+ CFDs.

When it comes to opening an account, PGM gives clear and easy steps. You may refer to:

PGM Fees
PGM offers competitive spreads and commissions across its different account types.
The CENT Account features a minimum spread of 2.2 pips for EUR/USD, making it suitable for beginners with smaller trading volumes and a focus on affordability.
In contrast, the STP Account presents tighter spreads, with a minimum of 1.6 pips for EUR/USD, appealing to traders seeking a balance between cost-effectiveness and functionality.
For experienced traders looking for the lowest spreads, the ECN Account stands out with a minimum spread of 0.5 pips for EUR/USD, albeit requiring a higher minimum deposit.
PGM does not charge any account inactivity fees.
Trading Platform
PGM allows traders to trade with both MT4 and MT5 platforms on Windows Desktop, Google Play, Android APK, iOS mobile terminal, as well as the Web page (for MT4 only).
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Windows DesktopGoogle PlayAndroid APKiOS mobile terminalWeb page | Novice Trader |
| MT5 | ✔ | Windows DesktopGoogle PlayAndroid APKiOS mobile terminal | Skilled traders |


Deposit and Withdrawal
The minimum deposit requirement varies based on the chosen account type: 100USDfortheCENTAccount,300 for the STP Account, and $5,000 for the ECN Account.
But they didn't disclose the deposit and withdrawal methods on their official website.
















迪伽、
Hong Kong
No withdrawal, still under review
Exposure
Zz
Hong Kong
Very trashy
Exposure
可乐9036
Hong Kong
Malicious order placement, data tampering, resulting in losses, account closure, and embezzlement of customer funds
Exposure
张伟1242
Hong Kong
They keep refusing to process withdrawals, freezing accounts for no reason. Initially, they say they will handle it, then keep dragging things out and evade responsibility.
Exposure
靠谱3152
Hong Kong
Now when I want to withdraw funds, the website is constantly inaccessible. Their customer service says it's due to some update. But it's been updating for so long and still can't be accessed, what on earth is this about.
Exposure
张伟1242
Hong Kong
Cannot withdraw, they even froze the account, it's been half a year and there's no one to liaise with, they've been dragging this on!! Give a clear statement.
Exposure
钻石私人订制
Hong Kong
I've been unable to withdraw for almost a month now and it's still unresolved. Definitely steer clear of this platform, it's an outright scam. Any colleagues with information are welcomed to provide it, such as where the platform operates, where is the person in charge from, where they hold offline meetings. I'd be extremely grateful!
Exposure
钻石私人订制
Hong Kong
Everything was fine with the trading management, including previous withdrawals. But after an announcement on the 30th of December stated that withdrawals were being suspended for review, I've been waiting for three months without any response. They also stopped replying to emails. Please contact me, thank you.
Exposure
五月的雪
Hong Kong
In December 2024, after depositing money, I had no transactions throughout the entire month. Yet, the officials stated that some 'malicious event' occurred on December 30th and consequently suspended my account. I can understand if someone used some software or plug-ins for trading and profiting, but my account had zero transactions. So why suspend mine? They're not even allowing me to withdraw my money now, and my emails are being ignored. It's simply a fraud platform.
Exposure
钻石私人订制
Hong Kong
My $15,000 has been stuck for three months. They have not permitted withdrawal all this time. Initially, the customer service was responding to emails, but now they have even stopped replying to emails.
Exposure
富安
Singapore
Platform for no reason to block the account, do not give the gold, return my hard-earned money!!!
Exposure
FX2245452609
Hong Kong
Dear PGM, Could you clarify why our principal deposits are not being returned? What is the reason for this continuous delay? We request a clear and direct response.
Exposure
骑士5140
Hong Kong
Background: PGM, a disreputable brokerage claiming to be regulated by ASIC in Australia, operates in Mainland China. They launched a gold quantitative EA, encouraging clients to open accounts and follow the trades. The regional manager for China, Zhao Yongyong, repeatedly assured online and offline that members' funds and trading activities were secure. He enticed clients to deposit funds and trade using the broker's quantitative EA. However, on December 30, 2024, there suddenly appeared large-volume gold orders with identical opening and closing times, resulting in substantial losses for many members who had followed these trades. Concerned about losing the remaining principal in their accounts, these members attempted to withdraw their remaining funds. PGM immediately froze all affected accounts and sent an email stating that the accounts would be unfrozen within 15 working days to allow withdrawal of the principal. Additionally, Li Lieting, PGM’s APAC director, released a video stating that an investigation would conclude within 15 working days and member accounts would be unfrozen. Despite waiting for 15 working days, the accounts remained frozen and withdrawals were still denied. Members repeatedly negotiated with PGM without success; they kept being told that the investigation was ongoing and that accounts would be unfrozen promptly once it was completed. A few days later, Li Lieting proposed a solution where all accounts could be unfrozen but not allowed to withdraw funds unless new members were recruited into the market to deposit money; only then could some funds be released for affected members to withdraw a little—a clear indication of a Ponzi scheme. Members demanded evidence of alleged violations from PGM which they could not provide. Afterwards, affected members took to social media platforms like Douyin to expose the truth. In response, PGM announced that it would permanently freeze the victims' accounts—effectively robbing them. This is outright thievery! There seems to be no justice in this world; it's utterly corrupt. We'll discuss our losses later; right now, it's about how they refuse to release any remaining funds of all members—they just want to steal our money with endless delays and without providing any evidence of violations. All members must unite and publicly expose the truth so we can reclaim our hard-earned money from this unscrupulous broker. All other members who have opened accounts with PGM should stay vigilant; this is a typical tactic used by them. They claim violations when profits are made but fail to provide any evidence of such violations—it's clear that members can only lose and not earn with them. This is not what you expect from a broker supposedly under strict regulation; it's clearly a Ponzi scheme. We will fight until the end to restore justice.
Exposure
小马哥535
Hong Kong
Whenever clients make even a small profit, PGM freezes their accounts, seals off access to the client backend, and changes the client's MT4 password, rendering them unable to log into MT4. Additionally, PGM initially responds to client complaints nonchalantly and later completely ignores them.
Exposure
Zzj6054
Hong Kong
Account ID: 64610 Server: PrimeTimeGlobal-Live Initially, I deposited funds at the beginning of December 2024 and followed an EA. On December 30th, the platform suddenly increased the trading volume, resulting in a 40% loss in my account. Subsequently, they locked the account and prevented any withdrawals. This is a clear case of unscrupulous behavior.
Exposure
tongue
Malaysia
This is a scam platform where withdrawals are not allowed, and accounts are being disabled.
Exposure
FX2245452609
Hong Kong
PGM has scammed a large number of people out of their principal. They have blatantly withheld all profits and principal and do not respond to emails. Everyone must steer clear of this scam platform. I have evidence to prove it!
Exposure
骑士5140
Hong Kong
PGM brokerage is unscrupulous, specifically targeting mainland Chinese clients! They arbitrarily freeze customer accounts and prevent withdrawals! Foreign Exchange
Exposure
FX7931863622
Malaysia
This broker accuses customers of violating trading rules whenever they make a profit. When asked to provide data or evidence, they fail to do so. What exactly constitutes a legitimate trade according to them? Even if a customer did violate rules, they should at least pay out principal amount. However, PGM refuses to return the principal; instead, they freeze your MT4 account and prevent you from logging in both on the platform and the backend. They just delay it!
Exposure
P_G_M黑平台不出金
Hong Kong
This broker is extremely dishonest. I followed the trades using their recommended technology provider, which resulted in significant losses due to issues with the provider. An absurd situation occurred where $50,000 was traded on 130 lots at the same time and price point for both opening and closing positions, leading to a loss of $18,000. Now, not only are they refusing to compensate, but they are also accusing us of violating trading regulations and have frozen the account, refusing to process any withdrawals.
Exposure
P_G_M黑平台不出金
Hong Kong
PGM platform uses EA for short-term gold trading to promote their business. Once customers start making money, on December 30th, they suddenly opened and closed positions at the same price point, placing over 130 lots with $50,000, resulting in a 40% loss. Following this incident, not only did the platform refuse to allow withdrawals, but they also froze the account and falsely accused the customer of violating trading regulations. After the issue, it has been impossible to contact the platform or receive any resolution. Please help resolve this issue!
Exposure
可乐9036
Hong Kong
In 2024, the PGM platform maliciously executed high-frequency trades on my trading account, resulting in significant losses. Subsequently, they banned my account and refused to allow withdrawals, resulting in the total loss of my principal.
Exposure
FX2245452609
Hong Kong
After making a deposit, I immediately faced significant losses, and then my account was abruptly frozen. The remaining principal was consumed, and this method of deception—essentially harvesting investors like crops and operating a Ponzi scheme—was employed. The broker has absconded, and it is now impossible to contact them. Everyone, stay away from PGM and be cautious to avoid being scammed!
Exposure