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No Regulation
Score
1.54 /10
Danger
Premium
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Quantity 2
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index7.20
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
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 :
2024-12-28
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
Exposure
2 pieces of exposure in total Pyramid scheme complaint
ExposeNote: 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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