Premium-Maxassets also known as PMA claims to be a Latvian investment company but lacks a legitimate forex license from any reputable financial authority.

In this review, we’ll explain why it’s not a legitimate financial services provider and guide you toward more trustworthy investment options in the financial markets.

Premium-maxassets.com Regulation and License

Premium-Maxassets raises red flags due to its unclear location and lack of regulation. Although it claims to be based in Latvia, it is not licensed by any financial authority there.

Additionally, Spain’s Comisión Nacional del Mercado de Valores (CNMV) has warned that Premium-Maxassets is unauthorized to operate in Spain, suggesting it operates unlawfully.

Given these issues, it is wise to avoid dealing with this broker, as unregulated brokers lack the safeguards and transparency provided by regulated entities. For your financial security, choose brokers that are fully compliant with regulatory standards.

Premium-maxassets.com Trading Platform

Our investigation reveals that Premium-maxassets.com’s claims of offering advanced trading software are misleading. The platform only features a basic TradingView chart that doesn’t support real trading, which is a major red flag for serious traders.

Premium-Maxassets Minimum Deposit

Premium-Maxassets requires different initial deposits depending on the account type: $100 for a Basic account, $1,400 for a Business account, $4,700 for a VIP account, and $10,000 for a Gold account.

However, due to serious concerns about the broker’s legitimacy and lack of regulation, caution is advised.

Premium-Maxassets Spreads

Premium-maxassets.com advertises tight spreads and low commissions, but these claims are dubious due to the lack of a genuine trading platform.

Without a real platform, their advertised trading conditions, including spreads and commissions, are likely false and aimed at deceiving unsuspecting traders.

Premium-Maxassets.com Payment Methods

Premium-Maxassets exclusively accepts payments in cryptocurrencies like Bitcoin, USDT, and Ethereum. Although this may appear convenient, it poses significant risks.

Cryptocurrency transactions are anonymous and irreversible, which makes them a common choice for fraudulent brokers. Once your funds are sent, recovering them is highly unlikely if issues arise.

Premium-Maxassets Leverage

Premium-maxassets.com does not disclose the leverage options on its platform, a critical omission for traders. Leverage can greatly amplify both gains and losses, so understanding these limits is essential before trading.

This lack of information is especially concerning given the broader transparency and regulatory issues with Invest Freedom. Without clear details on leverage, traders risk making uninformed decisions and exposing themselves to higher financial risks than expected.

Verdict:

Premium-Maxassets is unregulated and has been warned against by Spain’s CNMV. It only accepts crypto payments, lacks transparent trading conditions, and does not offer reliable trading software. Given these significant issues, it is advisable to avoid this broker and seek more secure, regulated alternatives for your trading needs.

It’s best to avoid Premium-Maxassets and choose a properly regulated and transparent alternative.

COMPARE WITH A TRUSTED BROKER

Fortrade

Fortrade is a UK-based broker with address at Michelin House, 81 Fulham Road London, SW3 6RD, United Kingdom. They are among the best brokers in the industry offering trades in numerous assets including stocks, commodities, currencies, indices, and cryptocurrencies. Fortrade is regulated and licensed by the FCA(Financial Conduct Authority) in the UK well as ASIC in Australia which makes client funds safe. They accept traders worldwide..visit their official website