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PG

PGMarkets Review: Is It Legit and Regulated?

PRIMETIME GLOBAL MARKETS PTY LTD

ZA Since 2015

FindMyFX score

critical risk

3.6/10

0 Score out of 10 10
Independent assessment Updated 2026-08-01

Contact & regulation

Official website
pg-markets.com
Address
Not verified
Primary license
FSCA · Unverified

Missing values mean the information has not been verified or published yet—not that the broker does not provide it.

Quick verdict

Is PGMarkets legit and regulated?

FindMyFX has license records for PGMarkets, but none is currently presented as fully verified. Check each entity, jurisdiction, source, and verification date before depositing.

This is a source-limited research summary, not a safety guarantee or investment recommendation.

Broker-provided profile information is reviewed before publication. Paid profile features never affect FindMyFX scores, license verification, risk flags, reviews, complaints, or editorial decisions.

Broker-provided company information

Forex and CFD broker presenting South African and Seychelles retail entities with STP and ECN account options.

Professional broker overview

FindMyFX editorial summary

PGMarkets is presented by PRIMETIME GLOBAL MARKETS PTY LTD, a South African company numbered 2020/586251/07. Its official site states FSCA licence 54000 for South African retail business and Seychelles securities-dealer licence SD242, while the Seychelles FSA list names PrimeTime Global Markets Limited. The broker publishes CENT, STP, and ECN accounts with minimum deposits from USD 100, leverage up to 1:400, minimum EUR/USD spreads from 0.0 pips, and MetaTrader 4 and 5.

Prepared from reviewed sources for informational purposes. This is not investment advice.

Editorial note: The South African licence claim was not matched to a broker-specific FSCA register page in the reviewed session, while the Seychelles regulator list confirms the additional entity but does not display the licence number. The website also mentions a Saint Lucia registration without clearly establishing the associated legal name, so that entity was not imported.

Operational status
active
Broker type
hybrid
Execution model
Account-specific execution is described as Instant/STP for CENT and STP accounts and Instant/ECN for the ECN account.
Support hours
24/7/365

Documented advantages

  • The official site publishes account-specific deposits, leverage, minimum spreads, execution categories, negative-balance protection, and stop-out levels.
  • The Seychelles FSA list identifies PrimeTime Global Markets Limited.
  • MetaTrader 4 and MetaTrader 5 are listed across desktop, web, and mobile environments.

Documented limitations

  • Published EUR/USD spreads are minimums rather than typical observed spreads.
  • The reviewed session did not produce a broker-specific FSCA register entry, and the Saint Lucia legal entity was not clearly named.
100%coverage

Published profile coverage

8 of 8 core information groups currently contain published data. This measures data availability, not broker quality or safety.

Company structure

Legal entities

Registered companies associated with this broker profile.

2 entities

PRIMETIME GLOBAL MARKETS PTY LTD

Primary
ZA 2020/586251/07

PrimeTime Global Markets Limited

SC Registration not shown

Office 7, 1st Floor, Vairams Building, Zone 6, Providence, Mahe, Seychelles

Trading access

Account types

Available account structures and their current verification state.

3 accounts

CENT

unverified
Deposit
USD 100.00
Leverage
1:400

Commission information not shown.

Spread
From 0.00 pips
Base currencies
Not shown
Margin call / stop-out
—% / 50.00%
Demo / Islamic
Unknown / Unknown
Balance protection
Available
Last verified
Not verified

ECN

unverified
Deposit
USD 5000.00
Leverage
1:400

Commission information not shown.

Spread
From 0.00 pips
Base currencies
Not shown
Margin call / stop-out
—% / 50.00%
Demo / Islamic
Unknown / Unknown
Balance protection
Available
Last verified
Not verified

STP

unverified
Deposit
USD 300.00
Leverage
1:400

Commission information not shown.

Spread
From 0.00 pips
Base currencies
Not shown
Margin call / stop-out
—% / 50.00%
Demo / Islamic
Yes / Unknown
Balance protection
Available
Last verified
Not verified

Markets and instruments

Cryptocurrency CFDs

unverified

energy CFDs

unverified

Forex CFDs

unverified

Futures

unverified

Index CFDs

unverified

Precious metals CFDs

unverified

Licenses and regulators

FSCA

54000

unverified

Last verified: Not shown

Type: Financial Services Provider
Client class: retail
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Yes

FSA Seychelles

SD242

unverified

Last verified: Not shown

Type: Securities Dealer
Client class: retail
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Yes
Open official register ↗

Jurisdiction-specific offerings

SC · retail

unverified

Entity not linked · Leverage 1:400

Compensation scheme not shown

ZA · retail

unverified

Entity not linked · Leverage 1:400

Compensation scheme not shown

Score components

Regulation and licenses

5.0/10 · 35%

Official entity or licence evidence is available but remains incomplete.

Security and track record

0.0/10 · 20%

No authoritative security track-record evidence was reviewed.

Trading conditions

7.5/10 · 15%

Official sources publish detailed account and cost conditions.

Company transparency

5.0/10 · 10%

Official legal identity and some contact or registration data are available.

Service quality

2.5/10 · 10%

Official support channels are published, but independent service-quality evidence was not verified.

Verified user reviews

0.0/10 · 10%

No verified user-review dataset from an inspectable authoritative source was reviewed.

Profile update history

Broker profile was published.

2026-08-01

Related regulated broker profiles

These profiles share at least one recorded regulator. This is not a recommendation or equivalence claim.