As more people take an interest in trading, the number of brokers available in the market has also increased. Unfortunately, not all brokers are trustworthy, and it’s essential to do your research before handing over your money to any brokerage firm. In this article, we’ll be looking at Premium Exchange, a broker that has been the subject of some controversy lately.
Is Premium Exchange a Licensed Broker?
The first thing to note is that Premium Exchange is not a licensed broker. When we searched for their regulatory information, we found several warnings against them. Also, there is no information about their license information on their about us section.
Why Should You Not Trust an Unlicensed Broker?
Dealing with an unlicensed broker can be dangerous as they are not bound by rules or regulations. They can make false promises and even disappear with your money without any consequences. In many cases, unlicensed brokers have been known to use aggressive marketing tactics to lure unsuspecting clients into investing their funds.
Can Premium Exchange Be Trusted?
Based on the fact that Premium Exchange is an unlicensed broker, it takes time to trust them. There have been numerous complaints from clients who have had negative experiences dealing with the company. Some of the common issues include delayed withdrawals, account closures, and unresponsive customer support.
What Do Traders Think About Premium Exchange?
A quick search online will reveal a multitude of negative reviews about Premium Exchange. Many traders have reported losing their funds or being scammed by the company. Some have even accused Premium Exchange of using fraudulent tactics to lure clients into investing their money.
Scammed by Premium Exchange? – Talk To Our experts
If Premium Exchange has scammed you, it’s essential to seek help as soon as possible. Our team of experts has years of experience dealing with fraudulent brokers and can help you recover your funds. Contact us today for a free consultation and let us help you get your money back.
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