Premium Spreads, leverage, minimum deposit Revealed
WikiFX | 2024-10-17 12:29Abstract：Premium is an unregulated broker, offering trading on forex with leverage up to 1:300 on MT5. The minimum deposit requirement is $200.
Note: Premium's official website: https://www.premiumtradesmarkets.com is currently inaccessible normally.
| PremiumReview Summary | |
| Founded | / |
| Registered Country/Region | Bulgaria, Marshall Islands |
| Regulation | No regulation |
| Market Instruments | Forex |
| Demo Account | ❌ |
| Leverage | Up to 1:300 |
| Spread | / |
| Trading Platform | MT5 |
| Min Deposit | $200 |
| Customer Support | Phone: 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.
Pros and Cons
| Pros | Cons |
| MT5 available | No 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.
What Can I Trade on Premium?
The broker offers trading on forex.
Account Type
Here are three account types Premium offers:
| Account Type | Min 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 Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Web, desktop, mobile | Experienced |
| 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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