Premium Finance Solutions Limited Review – Is This Broker Scamming People? Let’s find Out!

Rating
Broker status Unregulated Scam Broker
Regulated by Unlicensed Forex Provider / No Regulation
Scammers Websites PremiumFinanceSolutionsLTD.com
Blacklisted as a Scam by FCA
Owned by N/A
Headquarters Country UK (allegedly)
Foundation year 2022
Supported Platforms Web Trader
Minimum Deposit $1000
Cryptocurrencies Forex / Indices / Stocks / Commodities
Types of Assets Not Available
Maximum Leverage 1:500
Free Demo Account No

Is Premium Finance Solutions Limited an Scam Broker

Premium Finance Solutions Limited, according to its website, is regulated by the UK FCA. The website’s owner is the same-named company, which was incorporated in London.

We found the opposite information after a quick search through the FCA database. Not only is the broker Premium Finance Solutions Limited not regulated, but the domain premiumfinancesolutionsltd.com has been marked a clone.

Investors are not protected if a broker does not have the proper authorization. It does not offer leverage limits or negative balance protection and isn’t compliant with any trading rules.

This trading brokerage also offers services in the EEA area, but is not compliant with ESMA rules or MiFID directives.

Premium Finance Solutions Limited, a fraudulent online brokerage. This illegal firm has been declared a clone by the FCA.

Financial Watchdogs warn of scams

Our search for the FCA database returned an warning. Premium Finance Solutions Limited’s trading fraud has been exposed and it is clear that this scam firm has nothing whatsoever to do with the legitimate brand.

You cannot seek FSCS compensation if you are defrauded. Before you give your money, confirm the regulatory claim of the broker.

Premium Finance Solutions Limited Scam Active:

According to complaints, the trading company mainly operates in:

  • Netherlands
  • Canada

This scam has been in operation since July 2022. It has been banned by regulators. We also found negative reviews that stated that customers could not withdraw their funds.

Broker promises big profits and help

The brokerage promises 24/7 customer support, seamless trading, safe transactions, and easy transactions. It delivers nothing.

As long as customers are willing to pay them, support is provided. They will pressure you into making a deposit as soon as possible, and as much as you are able to afford. Premium Finance Solutions Limited requires a minimum of $1,000 to start the process. This is a hook that will lead you to fraud.

After you have made the initial investment, an alleged manager will be assigned to your account. These boiler-room agents have a history of creating false success stories and financial plans. They will then ask you to deposit more. They promise you all sorts of profits and can make it possible to double, or even triple your investment in just a few hours.

They will do everything they can to discourage you from withdrawing the funds. They may also block your access at trading accounts if nothing else works.

Premium Finance Solutions Limited Trading Platform

This broker’s trading platform, as you would expect from a fraudster, is nothing more than a WebTrader. You will find all sorts of benefits in their section about platforms that are completely false.

Software with only basic functions such as pending orders and a dull interface will be provided. It is not possible to use advanced strategies or engage in social trading.

False claims that Premium Finance Solutions Limited (MT4) has access are false. MetaTrader is often used by scam brokers to mislead clients, regardless of whether it’s MT4 or 5.

These platforms have been standard in the industry for more than ten years. They have a solid reputation. You’ll have access to a variety of trading tools and your funds will be safe.

What trading assets does the broker offer?

These markets are available for customers to trade on:

  • Forex (Currency Pairs), such as EUR/USD or CAD/SEK, or GBP/NOK
  • CFD Products like Gold and Natural Gas.
  • Indices like DJIA and FTSE 100. AU200
  • Shares include BMW and Nvidia. Amazon is also available.

Another disadvantage is that cryptocurrencies aren’t available.

Premium Finance Solutions Limited Bonuses & Promotions

We also offer referral bonuses and bonuses on the first deposit. Referring a broker will earn you $500 for each client that they refer.

Although this may sound promising, we must warn you. Scammers frequently use incentives to stop clients withdrawing. They will often ask you to trade a minimum amount before you can withdraw.

The company doesn’t have any legal documents so it is up to the employees to figure out how much they want and to change it later.

Chargeback Is Your Solution!

A chargeback is the retroactive cancellation and refund of a charge made using your credit card, wire transfer or some other payment methods.

By putting together a compelling chargeback strategy from beginning to end, victims of online fraud have a relatively high probability of recovering some of all of their funds lost.

However, using a trustworthy service such as MyChargeBack is critical in this endeavour as a typical chargeback process can often be complex and drawn out without the right guidance.

Request a free consultation today by clicking the button below!

Free consultation

What is a chargeback?

Chargebacks are a way for your bank to reclaim funds from the merchant. We recommend that you contact us immediately to initiate the process. In a free consultation, we will discuss how to get your money back immediately!

Finance Solutions Limited: Video

Below you will find a short video about Finance Solutions Limited. Watch it so you don’t miss anything important. In a few minutes you’ll learn the whole truth about Finance Solutions Limited!

FAQ

  • Premium Finance Solutions Limited is a legitimate broker?

    Premium Finance Solutions Limited does not operate as a brokerage. This company has been banned from the market for fraud and does not have a valid license. If you believe you have been duped, please contact us to request a refund.

  • Premium Finance Solutions Limited offers a demo account

    This trading company does not offer a Demo account and encourages customers to deposit immediately.

  • What is the Premium Finance Solutions Limited Deposit Minimum?

    This broker requires a minimum deposit of $1,000 to open a Starter account.

  • Protection of Negative Balance

    As we mentioned in the beginning of this review, brokers that are legitimate offer negative balance protection. This protects clients against losing more than they have invested.

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