PremiumExchange.net Review

Not yet rated
1 REVIEWS
Out of business
Updated: Jun 2, 2022

PremiumExchange is a cfd broker. Premium Exchange offers the MT5 CFD trading top platform. PremiumExchange.net offers CFD on over 15 currency pairs, indices, gold, silver, oil, bitcoin and other cryptocurrencies for your personal investment and trading options.

Website is down. Company seems to be out of business.
PremiumExchange.net
Out of business
Not yet rated
1 REVIEWS

Recent User Reviews of PremiumExchange.net

P
PremiumExclusion
Pennsylvania, USA,
Oct 23, 2021,
Registered user

SCAMMMER

Service use: Other Length of use: 3-6 Months
I think I am the victim of a fraudulent brokerage, supposedly located in CA, with the Website premiumexchange.net. Over the course of 5 months, they have gotten 13,150.00 from me in BitCoin, not including the fees involved. The trading profits amount to 83,600. But in order for me to collect that they are telling me I have to pay another 8,000 for taxes to pay the IRS. Now - this doesn't make sense to me, and according to the Commodity Futures Trading Commission and the Securities Exchange, the forex broker should not be collecting taxes, or many other fees for that matter. I have received nothing to pay taxes on. I have a Tax ID number which should be sufficient for the broker. The request for taxes was my tipping point, but suspicion started with the 3,000.00 dollar request for Identity Verification, in which they never requested anything to verify my identity, My only contact with the broker has been email, and the account manage through a social media app
The Account manager led me into this blindly with her charm. Never alerted me to any disclosures, or possible fees, and on that basis - I have requested my initial investment back. They can keep the profits, but I am having trouble getting my investment, and they just sent me an email stating that I will not get my profits unless I pay the 8,000.00 dollars. I am on SSDI and living on a fixed income - they have taken advantage of my vulnerability. I even threatened to report them.