FSCA — South Africa
Primetime Global Markets Limited
Regulated
PGMarkets Review — Overview
Regulation
Tier-1 regulated
Licence
FSCA • ASIC
Licence status
Regulated
Platforms
MT4 & MT5
Min. deposit
$100
Max. leverage
1:400
Instruments
Forex and CFDs
Typical spread
As low as 0.5 pips
Operating
Est. 1995
Main market
JP
Entity
Primetime Global Markets Limited
Website
Unknown
PGMarkets is a forex & CFD broker based in Australia, established in 1995. On Trust Broker Hub it holds a Trust Score of 8.4 out of 10, which we rate as Good — above the 5.3/10 average for brokers that hold a verified licence. Solid, well-regulated profile suitable for most traders.
Crucially, PGMarkets is regulated by FSCA and ASIC, including at least one tier-1 regulator. Tier-1 regulation is the strongest sign of legitimacy: it normally requires segregated client funds, regular audits and access to a compensation scheme if the broker fails — meaningful protection for your money.
PGMarkets provides access to forex and CFDs. Published conditions include a minimum deposit of $100 and leverage up to 1:400. No complaints are currently on record. Overall, PGMarkets looks like a credible option — but always verify the licence yourself and start with a small amount.
Trust score breakdown
How is this calculated?
Weighted total
9.30
Data completeness
8 of 10 facts verified
80% ×0.90
Trust Score
8.4 / 10
Trust Score history
PGMarkets currently scores 8.4/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- Regulated by a tier-1 authority
- No unresolved complaints on record
- Listed in our verified broker directory
Cons
- Always verify the licence directly before depositing
Regulation
Tier 2 · Mid
Verified
ASIC — Australia
Primetime Global Markets Limited
Licence
Tier 1 · Top
Verified
Offshore (tier-3) regulators typically have lower capital requirements and no compensation scheme. Funds may not be protected if the broker fails.
Trading conditions
| Instruments | Not disclosed |
| Minimum deposit | $100 |
| Maximum leverage | 1:400 |
| Typical spread | As low as 0.5 pips |
| Platforms | MT4 & MT5 |
| Demo account | ✅（STP account） |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on PGMarkets
Our analysis · editorial
8.4/10
Established and well-regulated
PGMarkets holds a tier-1 regulatory licence among its 2 registrations (FSCA, ASIC). Based in Australia, it has been operating for about 31 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 8.4/10 — a strong, low-risk profile.
Strengths
- Authorised by a tier-1 regulator (FSCA, ASIC)
- Holds 2 regulatory licences across multiple jurisdictions
- Long 31-year operating track record
- No complaints on record with us
- Supports MT4 & MT5 trading
- Accessible minimum deposit ($100)
Watch-outs
- Always confirm the licensed entity covers traders in your country
Bottom line: Suitable for most traders — still verify it is licensed to serve your country before depositing.
This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.
User reviews
5 0
4 0
3 0
2 0
1 0
PGMarkets — Questions & Answers
Log in to ask a question about PGMarkets.
No questions yet about PGMarkets. Be the first to ask — answers from the community and our team help every trader.
Complaints & alerts
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag PGMarkets here if that changes.
Full specifications
Regulated region
Australia
Operating period
10-15 years
Main market
JP
License status
Regulated
Year founded
1995
Frequently asked
Is PGMarkets a safe broker?
PGMarkets scores 8.4 / 10 on our Trust Score, above the 5.3 average for brokers that hold a verified licence. It holds tier-1 regulation, which offers strong investor protection. It has no complaints on record with us. Trade only with funds you can afford to lose.
How is the PGMarkets trust score calculated?
The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top. Read our methodology.
What does "offshore regulated" mean?
It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.
Can I withdraw funds easily from PGMarkets?
PGMarkets publishes some trading terms, but always confirm withdrawal fees directly. Test with a small amount first and document every transaction.