Premium24Option Review: Scam

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Premium24Option Review: Scam

Premium24Option ( is another crude CFDs, Crypto Currency, and Forex scam to hit the lucrative trading world. Premium 24 Option is purporting to offer a decentralized and secure hybrid trading platform. With such claims and promises, investors have signed up without a second thought. Members who had signed up earlier are now coming out after being scammed by this platform. Read this genuine and honest PREMIUM24OPTION Review for more details.

Premium24Option Review

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Premium24Option Review

After months of investigation, we can safely blacklist this insane platform. Premium24Option is another rotten platform which is stealing from anyone who signs up. It is best you stay away from such a lousy platform whose credibility is being questioned. Members have been sending emails revealing how they were duped into signing up. Scam artists are good at enticing users to believe their cloned websites. Thanks to our years of trading experience, we know how to spot these scams.

Scam artists will do or say anything to make their platforms appear legit. Premium24Option is no different as they have created a well-designed website. Apart from an enticing website, they in the fact that members are guaranteed of making 92% returns. To be brutally honest, no robot or professional can make such a guarantee. The 92% return on profit guarantee is one of the red flags we spotted with this platform. Make sure to stay away from this platform as it is a trap targeting unsuspecting investors.

About Premium24Option

Not much is known regarding the actual owners of this website. Disclaimer at the footer of their homepage claims the platform is owned by Inlustris Ltd. Details also show the mother company is said to be based in St. Vincent and the Grenadines. By their own admission, they openly point out that they are offshore brokers. St. Vincent and the Grenadines has been a hub for would be scam brokers.

Anonymity is the second red flag we must point out in regards to Premium24 Option. Premium24 Option is surrounded with anonymity which makes us question the intention of this platform. Who are the actual owners of this website? Can we get the names of people tasked with handling funds? With such a high anonymity level, we strongly recommend investors to stay away. Scam artists hide behind anonymity as they make it hard for investors to recover any stolen funds.

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Is Premium24Option licensed or registered?

In regards to their license and registration, investors need to be careful with this platform. As we mention in most of our reviews, scam artist will do or say anything to try and get recognition. Premium24Option is another scam platform which is using fake and random license number. Disclaimer at the footer of the homepage shows an agent named Wallfort Ltd as being licensed.

We did a quick search using the CySEC register and found no broker licensed under this name. It is clear Premium24Option will do or say anything to make their platform appear legit. Why have they failed to post copies of their license certificates for all to see? With a copy of their license, it would be easier to confirm their license credentials. Regulatory bodies which give proper license include ASIC, CONSOB, CySEC, FCA, NFA, and SEC. With a license from any of the mentioned regulatory bodies, a broker checks out.

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Advantages of Premium24Option

We could not come up with any advantage of trading with this illicit platform. An unlicensed platform is going to cause havoc in your trading experience. Anonymity coupled with negative online reviews is proof Premium24Option is not to be trusted. How can there be an advantage of dealing with offshore brokers? The problem with Premium 24 Option is your funds are not safe with an unregulated broker.

Disadvantages of Premium24Option

Account Types

Premium24Option Account Types

Not much information is given on their homepage regarding the account types. Premium24Option is furnishing users with a single account named VIP. With this account type, users are promised a guaranteed 92% successful rate. A huge problem with this account type is lack of proper information. No one knows the minimum required deposit with this platform. And this is where the trap is set for investors to fall into. Investors will deposit any amount to get the fake 92% profit margin.

Deposit and withdrawal

When it comes to depositing funds with this platform, no information is given. Others claimed they use E-wallets to deposit Crypto Currency as deposit. We have a huge problem with this platform due to the inability to withdraw funds. Scam artists are posting random Bitcoin withdrawal keys to fool unsuspecting investors.

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Fake Claims

Another disturbing feature with this website is the fake claims posted on their homepage. We also noted the claims never change especially the numbers. Such claims such as having 10, 349 online traders never change. Does this mean they have the same number of online investors every time? Other notable fake claims is a monthly payout of $13, 681, 062+ which also never changes.

Unknown trading platform

Another problem with this platform is having an unknown trading platform. After visiting their platform page, users are directed to the login page. What we discovered is this platform is using an unknown platform. Users are probably signing up not knowing they are putting their credit card and personal information at risk.

Are funds safe with Premium24Option?

It is clear funds are not safe since most members are coming out angry with this platform. Security of funds is not a priority as the website lacks proper DDoS Encryption and SSL Protection. Best thing to do is stay away from such platforms as funds go straight to owner’s personal bank account.

Is Premium24Option a scam?

Premium24Option Trading Platform

Evidence clearly point to this platform being a rotten online investment platform. With claims of offering a guaranteed 92% profit rate, Premium24Option is certainly a scam. Best thing to do is stay away from this platform as they will close down later on. Exposing their website will also lead to authorities investigating and ultimately shutting the website down.

Bottom line

We will be adding this platform to our scam blacklist and protect our readers. Make sure to mark their emails as spam and never trust any of their call agents with personal information. Warn your family and friends from joining this illicit platform.

Smart investment decisions also involve smart trading tools. Get accountable and credible Forex trading robots and start making stable profits.

Wishing all investors a prosperous trading experience.

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