Scam Victims Help has extensively researched the Premium Trade Review and found several red flags that every trader should be aware of. Read our Premium Trade review today to learn everything you need to know about this broker before signing up.
Broker Website – https://premiumtrade.org/
Headquarters or Area of Operation – Los Angeles, California, USA
Warnings – Not Recommended By Review Website Like Scam Victims Help
Premium Trade Review: Introduction
Premium Trade is an online investment company that claims to be located in Los Angeles, California, USA. The company promises to offer cutting-edge services to investors all over the world. Premium Trade is a platform that operates on its own initiative. They do not have any prior trading activity. Additionally, they operate independently of any parent corporation.
They only provide a contact email to their users as contact information. Other information like contact number, owner details, and a regulated license is missing from its website. Nobody is aware of the nation of origin of the Premium Trade. The company doesn’t care about the services it is providing, as evidenced by the lack of help that is available to address consumers’ questions. Read a complete Premium Trade Review to know more about this broker.
Premium Trade Review: Regulation
Premium Trade claims to be a legit platform, but it is not registered or subject to regulation. The platform selects the United States as its operating region. But this is one of the nations with strict regulations for investment firms. All companies with licenses are additionally required to record their opening and closing account trades each day. Premium Trade operates on its own without any trading history. Additionally, no parent corporation oversees its functioning. Premium Trade is not real trading; it is just a Ponzi scheme.
Premium Trade Review: Withdrawal and Deposits
Premium Trade does not mention withdrawal charges on its website. They offer that users can withdraw any amount. But once users start trading with them, they frequently demand extra fees from them.
Requests for withdrawal are handled immediately. Premium Trade only offers a bitcoin payment option. This option is used by scammers since it allows them to hide their identities. We advise you to stay away from this company because of its shadiness. The money you deposit is transferred to an unidentified account. It is impossible to get the money back with a scam broker.
Premium Trade Review: Trading account and Conditions
Premium Trade offers five trading accounts to its users. The minimum deposit for the starter plan is $500, the silver plan is $1,000, the platinum plan is $5,000, the gold plan is $10,000, and the diamond plan is $20,000. It is high minimum deposits than legitimate traders. The same applies to their other investment strategies. This pyramid scam is an outlier because it does not offer the ROI that customers anticipate seeing.
Premium Trade Review: Customer Review
Reading user reviews and complaints is crucial when choosing an online trading platform. They received poor ratings and scathing reviews on other review websites. After reading this Premium Trade review and all the positive and negative Premium Trade reviews, Scam Victims Help concluded that this broker is not genuine and may be a potential scam broker.
Premium Trade Review: Conclusion
Investment with the Premium Trade platform is a waste of time. The business is not to be trusted. It works by flouting numerous laws and regulations. Even hiring skilled support would be beyond the means of the platform.
If users believe that they are victims of a Premium Trade scam or other online scams like forex scams, cryptocurrency scams, investment scams, bitcoin scams, romance scams, social media scams, etc., they can file a complaint against the scam broker. Fill out a form on our Scam Victims Help website, and our experts will provide a free consultation to scam victims and assist in the fund recovery process.
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