Score

1.53 /10
Danger

Premium

United Kingdom

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 2

Exposure

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Website

Score

Regulatory Index0.00

Business Index7.17

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away!
Previous Detection : 2024-11-17
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
Premium · Company summary

Note: Premium's official website: https://www.premiumtradesmarkets.com is currently inaccessible normally.

PremiumReview Summary
Founded/
Registered Country/RegionBulgaria, Marshall Islands
RegulationNo regulation
Market InstrumentsForex
Demo Account
LeverageUp to 1:300
Spread/
Trading PlatformMT5
Min Deposit$200
Customer SupportPhone: 44 2031 500863
Email: support@premiumtradesmarkets.com

Premium Information

Premiumis an unregulated broker, offering trading on forex with leverage up to 1:300 on MT5. The minimum deposit requirement is $200.

Premium

Pros and Cons

Pros Cons
MT5 availableNo regulation
Unavailable website
High minimum deposit requirement
Limited trading products

Is Premium Legit?

No. It is registered in the Marshall Islands, which is filled with scammers and shady companies. It does not offer guaranteed funds or segregated accounts.

No license

What Can I Trade on Premium?

The broker offers trading on forex.

Account Type

Here are three account types Premium offers:

Account TypeMin Deposit
BASIC$200
GOLD$999
Premium$9,999

Leverage

Premium offers leverage up to 1:300. However, high leverage can amplify both profits and losses.

Premium Fees

Premium has not announced its trading costs like spreads and commissions on its website.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5Web, desktop, mobileExperienced
MT4/Beginners
Web //

Deposit and Withdrawal

Premium offers very limited payment methods. Traders can deposit or withdraw only via Visa, MasterCard and Bitcoin.

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