Global Broker governance & inquiry App

Score

0123456789
.
0123456789
0123456789
/10

PGF

United States|5-10 years|
Suspicious Regulatory License|MT5 Full License|Regional Brokers|Suspicious Overrun|High potential risk|

http://www.pallasfuture.com/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

2
Server Name
ChinaCheers-Demo MT5
Server Location Japan

Contact

0016466829955
info@PallasFuture.com
http://www.pallasfuture.com/

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

0016466829955

Chinese (Simplified)

17301752123,15121036188,4008087863

Broker Information

More

Company Name

Pallas Global Futures

Company Abbreviation

PGF

Platform registered country and region

United States

Company website

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 3
Previous Detection : 2024-04-19
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Verification

Users who viewed PGF also viewed..

XM

9.04
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

FXCM

9.46
Score
Above 20 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

AUS GLOBAL

7.54
Score
5-10 yearsRegulated in CyprusMarket Making(MM)MT4 Full License
Official website

Sway Markets

7.70
Score
1-2 yearsRegulated in AustraliaAppointed Representative(AR)Self-developed
Official website

PGF · Company Summary

Note: PGFs official site - http://www.pallasfuture.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information

PGF Review Summary
Founded 5-10 years
Registered Country/Region United States
Regulation NFA (Suspicious Clone)
Market Instruments N/A
Demo Account Unavailable
Leverage N/A
EUR/ USD Spreads N/A
Trading Platforms MT5
Minimum Deposit N/A
Customer Support Phone, email

What is PGF?

PGF, a USA brokerage firm that claims to offer trading services to its clients through the popular MT5 trading platform. However, it lacks a valid regulation and the official website of PGF is currently inaccessible, raising doubts about the company's credibility and potential abandonment of its trading operations. These factors contribute to a higher level of risk associated with investing in PGF.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

Pros & Cons
Pros Cons
• MT5 provided • Website is unavailable
Phone and email support available • NFA (Suspicious Clone)
• No social media presence
• No demo accounts

PGF Alternative Brokers

There are many alternative brokers to PGF depending on the specific needs and preferences of the trader. Some popular options include:

  • IG - A comprehensive trading platform with a range of trading tools and educational resources for all levels of traders.

  • Forex Club - A well-established forex broker offering a wide range of trading instruments, educational resources, and a user-friendly platform for traders of all experience levels.

  • LegacyFX - A leading brokerage firm providing comprehensive trading solutions across a wide range of financial instruments, including forex, stocks, commodities, and indices.

Is PGF Safe or Scam?

The United States NFA regulation (license number: 0373676) claimed by this broker is suspected to be clone. Therefore, PGF currently has no valid regulation, which means that there is no government or financial authority oversighting their operations. Besides, the official website of PGF is inaccessible, indicating that the trading platform may have absconded. These make investing with them risky.

suspicious clone NFA license

If you are considering investing with PGF, it is important to do your research thoroughly and weigh the potential risks against the potential rewards before making a decision. In general, it is recommended to invest with well-regulated brokers to ensure your funds are protected.

Trading Platforms

PGF offers for MT5 its clients. The MT5 platform is a powerful and versatile tool designed for both novice and experienced traders. With its user-friendly interface and advanced features, it offers a seamless trading experience.

One of the key highlights of PGF's MT5 platform is its comprehensive range of financial instruments. Traders have access to a wide selection of assets, including forex, stocks, commodities, and indices, allowing them to diversify their portfolios and take advantage of various market opportunities. The platform provides real-time market data and customizable charts, helping traders make informed decisions based on accurate and up-to-date information.

MT5

See the trading platform comparison table below:

Broker Trading Platform
PGF MT5
IG MT4, ProRealTime, L2 Dealer, IG Web Platform, and Mobile Apps
Forex Club MT4, MT5, Libertex
LegacyFX MT5

Customer Service

Customers can visit their office or get in touch with customer service lines using the information provided below:

Telephone: 0016466829955 (English)

17301752123,15121036188,4008087863 (Chinese)

Email: info@PallasFuture.com

Conclusion

In conclusion, PGF, a brokerage firm claiming to be registered in the United States, raises serious concerns regarding its regulation and legitimacy. The brokerage firm's alleged regulation under NFA is suspected to be a clone, lacking valid oversight from government or financial authorities. Furthermore, the inaccessibility of PGF's official website indicates fraudulent activities or abandonment of its trading operations. These factors highlight the high level of risk associated with investing in PGF. As such, caution is advised when considering any investments or dealings with this broker.

Frequently Asked Questions (FAQs)

Frequently Asked Questions (FAQs)
Q 1: Is PGF regulated?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: How can I contact the customer support team at PGF?
A 2: You can contact via telephone, 0016466829955 (English), 17301752123, 15121036188 and 4008087863 (Chinese) and email, info@PallasFuture.com.
Q 3: Does PGF offer demo accounts?
A 3: No.
Q 4: Does PGF offer industry leading MT4 & MT5?
A 4: Yes. It supports MT5.
Q 5: Is PGF a good broker for beginners?
A 5: No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website.

User comment

0

Comments

Write a review

No comment yet

start to write first comment

TOP
Select Country/District
United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com