WikiFX

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Based on my due diligence with PGM, I’ve found a notable lack of clear information regarding their leverage policy, particularly for major forex pairs and other asset classes. After multiple years in the industry, I’ve come to recognize that transparent and well-documented leverage terms are crucial for assessing operational risk as a trader. At PGM, the absence of regulatory oversight stands out to me immediately, raising my risk antenna—especially since there’s no valid regulatory license and WikiFX even marks their license and business scope as suspicious. While PGM offers access to a range of professional trading platforms and serves various global markets, their public resources do not specify maximum leverage ratios for forex, futures, or managed futures. This ambiguity is not uncommon in unregulated brokers, but for me it’s a clear red flag. Regulated brokers are usually required to publish leverage caps for each asset class, both to inform clients and protect them from excessive risk. Given the lack of regulatory supervision and absence of published leverage information, I personally would not proceed without first securing written confirmation from their support about leverage terms. For me, trading under such unclear conditions introduces more risk than I am willing to accept, regardless of what trading platforms or asset access they claim. Without official, transparent leverage policies, I consider the trading environment at PGM to be unpredictable and potentially unsafe, especially when compared to peers operating under strict regulation.