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Bhavani Durga K
Within 1 year

How much do you need to deposit at a minimum to start a live trading account with PGM?

Broker Issues
PGM
Deposit
Withdrawal
04-25
United States
WikiFX
Reply

Based on my due diligence and experience as a forex trader, I was unable to find any readily available information regarding a specific minimum deposit requirement to open a live trading account with PGM (Paragon Global Markets). From what I gathered, PGM specializes in providing access to global futures and forex markets with a suite of institutional-grade trading platforms, focusing more on professional and managed futures solutions rather than standard retail forex offerings. For me, the absence of clear, published minimum deposit details is a notable concern, especially since transparency on account funding is fundamental when determining a broker's trustworthiness. Even more important is PGM's regulatory status: according to the information I've found, PGM is unregulated and has a suspicious regulatory license, which raises significant red flags. In practice, I prefer working strictly with brokers whose deposit processes, fund safety, and compliance standards are publicly verifiable and under direct supervision of robust regulatory bodies. Because PGM does not provide clear guidance on minimum deposits—or display regulatory protection—I would exercise increased caution. If you are seriously considering opening an account, I recommend reaching out directly to their customer support to ask for the most precise funding requirements and ensure you fully understand the associated risks before making any commitment. Personally, until more transparency and oversight are evident, I would refrain from allocating any significant capital to this broker.

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