PGM

Power Global Markets (PGM) presents significant concerns regarding reliability. The broker's overall WikiFX score of 1.55 is very low. According to WikiFX data, PGM holds no valid regulatory licenses from recognized authorities, placing it in an unregulated status. The absence of credible oversight directly impacts fund safety and operational transparency, indicating a high-risk profile. Potential clients should exercise extreme caution and perform thorough due diligence.

No, PGM is not regulated. According to its profile, the broker is registered in Belize but holds no valid forex trading licenses from any recognized financial authority such as the FCA, ASIC, or CySEC. The regulatory status is explicitly listed as 'No Regulation', and the license index score is 0.0. This lack of regulatory oversight is a primary factor in its high-risk assessment.

The minimum deposit requirement for Power Global Markets is not publicly disclosed on its official materials or within the available broker profile data. Typically, brokers with unclear operational transparency do not standardize or advertise these terms prominently. It is advisable to contact the broker directly for this information and to verify all account terms before depositing any funds.

Specific trading platform information, including support for MetaTrader 4 (MT4) or MetaTrader 5 (MT5), is not explicitly listed for PGM. The broker's software index score is recorded, but the platforms in use are not detailed. Prospective traders should verify platform availability, stability, and features directly with the broker's customer service, as this is a critical component of the trading experience.