PCl5 can act as an oxidizing agent not as the reducing agent.
PCl5 can act as an oxidizing agent. The highest oxidation state that P can show is +5. In PCl5, phosphorus is in its highest state (+5). However, it can decrease its oxidation state and act as an oxidizing agent .
(i) PCl5 is hydrolysed to give the oxoacid (H3,PO4) in the + 5 oxidation state.
PCl5(s) + 4H2O→ H3PO4 (aq) + 5HCl(aq)
(ii) In the gas phase, PCl5 dissociates into trihalide and the chlorine.