Premium FXtrades Review : Fees, Pros and Cons, Reviews by Real Traders

Premium FXtrades

Operating status: SCAM

Website: https://www.premium-fxtrades.com/

Broker violations and abnormal records

Mar 14, 2023 The UK regulator FCA added Premium FXtrades to warning list
The Financial Conduct Authority (FCA) has added Premium FXtrades to its warning list after finding this broker might be providing financial services or products in the UK without authorization: https://www.fca.org.uk/news/warnings/premium-fxtrades

The Financial Conduct Authority (FCA) has added Premium FXtrades to its warning list after finding this broker might be providing financial services or products in the UK without authorization: https://www.fca.org.uk/news/warnings/premium-fxtrades
Mar 15, 2023 BrokersView has reviewed that Premium FXtrades is an unregulated broker
Premium FXtrades claims to hold the certificate of incorporation given by Companies House with company number 11323748. However, it should be noted that Companies House is responsible for incorporating and dissolving limited companies. This agency has no legal authority to issue forex licenses and regulate forex activities. In addition, the Financial Conduct Authority (FCA) has issued a warning against Premium FXtrades for its unauthorized offering of financial services or products in the UK.
The truth is, Premium FXtrades is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

Premium FXtrades claims to hold the certificate of incorporation given by Companies House with company number 11323748. However, it should be noted that Companies House is responsible for incorporating and dissolving limited companies. This agency has no legal authority to issue forex licenses and regulate forex activities. In addition, the Financial Conduct Authority (FCA) has issued a warning against Premium FXtrades for its unauthorized offering of financial services or products in the UK.The truth is, Premium FXtrades is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.