WikiFX

Reply

As someone who’s been trading for years, I always start by scrutinizing a broker’s transparency on fees, commissions, and spreads, since these significantly impact real-world trading costs. With PGM, however, I immediately noticed a concerning lack of detailed fee information. Unlike well-known, transparent platforms, PGM does not publicly display specific details regarding its commission structure or spreads on their available trading instruments. Given that PGM operates as an independent introducing broker focused on global exchange-traded futures and foreign exchange, it’s reasonable to expect commissions and variable spreads based on the liquidity and volatility of the contract or currency pair. Yet, without regulated oversight or straightforward disclosures, I’ve found no way to verify exact costs or potential hidden fees. This lack of accessible, explicit fee data is a significant red flag for me. In my experience, reputable and trustworthy brokers emphasize clear fee schedules because they know it builds trader confidence. Instead, PGM’s absence of information—combined with its unregulated status—increases the uncertainty around actual trading costs. For anyone considering this broker, I recommend extreme caution and diligent inquiry. Always request an itemized fee structure in writing before committing any capital, especially since surprises around commissions or wide spreads can erode trading returns quickly and, for me, trust is built on fee transparency above all.