Brokers  /  PGMarkets

PGMarkets

Moderate risk
🇦🇺 Australia · 2-5 years · since 2024-03-28 · Primetime Global Markets Limited
ASICFSAFSCA
—/5
★★★★★ ★★★★★
12 reviews ›
3
Licenses ›
18
Withdrawal issues ›
$100
Min. deposit ›
1:400
Max leverage ›
3
Account types ›
29/100
Scam risk ›
2
Clone sites ›
Accounts: ECN Account · $5,000STP accounts · $300CENT account · $100
▲ 8% positive▼ 83% negative
Independent ratingshow third parties score this broker
WikiFX6.09/10
Trustpilot—/5
Forex Peace Army—/5
29
Moderate risk
Scam Risk Scoremonitored · 2026-07-06
Lower riskHigher risk
  • Authorised by Tier-1 regulator(s): ASIC, FSA
  • 10 user exposure/complaint reports filed
  • Withdrawal complaints in ~150% of recent reviews
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing835%
Company age4515%
Clone / impersonation012%
Withdrawal & exposure complaints10012%
Offshore registration108%
Transparency (site/info/social)4710%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal namePrimetime Global Markets Limited
Headquarters🇦🇺 Australia
Founded2024-03-28
Years operating2-5 years
Employees0
Official website—
Trading conditions
Avg execution speed470.4 ms B
Avg slippage4.5 D
Swap ratingAA
Trading cost ratingC
Monitored traders125
Monitored orders1,663
Funding & instruments
Deposit methods · --
Withdrawal methods · --
Instruments--

Regulation & licenses · 3

RegulatorLicense typeLicense No.RegionStatus
ASICForex Execution License (STP)470050AustraliaRegulated
FSCAForex Trading License (EP)54000South AfricaRegulated
FSADerivatives Trading License (EP)SD242SeychellesOffshore Regulation

Account types · 3

AccountMax leverageMin. depositMin. spreadCommissionEA
ECN Account1:400$5,0000.5--✓
STP accounts1:400 $3001.6--✓
CENT account1:400$1002.2--✓

Review analysis AI

Across 12 recent Trustpilot reviews, 83% are 1–2 star. The single most common complaint is being unable to withdraw funds (18 reports) — the classic warning sign in forex. We also found 2 clone site(s) impersonating this brand — a frequent vehicle for scams.

0
Period:
What users complain about
What users praise
Where reviewers are from
Malaysia6
United States2
Australia1
Singapore1
Japan1
Argentina1

Real user reviews

Similar brokers

ACY SECURITIES
Australia · TP 4.5
Low risk
ThinkMarkets
Australia · TP 3.4
Low risk
vantage
Australia · TP 4.3
Low risk
fpmarkets
Australia · TP 4.8
Low risk

About PGMarkets

PGMarkets is a forex and CFD broker based in Australia, with records dating to 2024-03-28. It reports oversight from ASIC, FSA, FSCA.

FXCanary’s verdict is “Guarded.” There are enough red flags that we’d urge caution before depositing.

Finally, beware of impersonation: we tracked 2 clone website(s) copying PGMarkets. Always reach the broker through its verified official domain, never via links in ads or messages.

Overview compiled by FXCanary from regulatory records and public data. full PGMarkets review