PremiumCapitals Review – Alleged Premium Service Preying On Pensioners
PremiumCapitals Review – Alleged Premium Service Preying On Pensioners

With this self-proclaimed investment firm, we’ve come across a lot of contradictory info about where the company is allegedly based. There are numerous fake registration numbers, with a good measure of conflicting legal jurisdictions.

False advertising and misleading information are the hallmarks of modern financial scams. Read our PremiumCapitals review for more info on how to combat these entities, and get your money back.

Regulated by: Unregulated Investment Firm
Is This Company Safe? Absence of proper licenses deems this company completely unsafe!
Known Websites: (inactive)

Have Warnings from: N/A
Registered in: New Zealand (alleged)
Operating since: 2023-01-24
Trading Platforms: None
Maximum Leverage: 1:500
Minimum Deposit: $50
Deposit Bonus: Not available
Trading Assets: Cryptocurrencies, Forex, Stocks, Indices
Free Demo Account: Not available
How to  Withdraw from This Company? Crypto withdrawals are used to lock your funds. Contact us immediately in case of fraud. 

No Registration Nor A License

While the contact information claims that the company is from New Zealand, another page on the site cites the jurisdiction of the court of Marshall Islands.

To no surprise, it turned out that the company was not registered, as the company certificate that is mentioned on the website does not match with the New Zealand Companies Office.

It goes without saying that a non-existing entity can not be licensed by FMA either. Furthermore, there are no mentions of the firm with Marshall Islands GLOFSA, nor with any other regulator including NFA, FCA, FINMA or CySEC to name a few.

After all that trouble of faking legitimacy, the company still openly states that they “are not a licensed bank or a security firm”.

None of these companies like AUSFITS for instance, provide compensation funds or negative balance protection. What’s worse, they are very likely to just take the investors’ money and call it a day.

The Way Scammers Work

Checking the WhoIs database we’ve managed to learn that the platform was only launched in 2023, and not 2017 as the website claims.

Swindlers always try to remain anonymous and hide their tracks online. This is why their boiler room agents usually work with encrypted online services like WhatsApp.

That doesn’t limit their reach when seeking new targets, as the firm operates in all these areas:

  • Italy
  • Spain
  • United Kingdom
  • Austria

Usually the agents will tell a story about passive income and easy earnings and pressure their victims to invest on emotion. Unfortunately, once the money is in their hands, it takes expert knowledge to get it back.

High Leverage And Shady Fees

This firm mentions a leverage of 1:500, even though clients don’t have trading access by themselves. While it’s not unheard of for licensed brokers like Kridex to offer leveraged trading with 1:500, laws in many jurisdictions allow it to be no higher than 1:30.

The company never openly mentions any numbers when it comes to fees, tax, commission or other charges. A clause exists in the Terms and Conditions that entitles the firm to charge 100% of the entire deposit as a commission in some cases.

Referral Program

Allegedly, existing users may refer new clients to the platform and earn a portion of the commission in compensation.

Commission that is acquired from your referrals depends on the investment package you decide to buy. Starting commission is 5%, while it goes up to 10% for more serious investment plans.

Overview Of Trading Features

Many of the advertised trading features with this firm are not what you’ll encounter after a registration. Not that there’s much of a difference, though, as the advertisements only contain weasel words and no useful information. No trading software is actually provided, and the investment plans seem incredibly shady.

No Trading Software

As we mentioned before, there are no specialized software solutions available for the clients. All is done through a very simple client dashboard.

While the firm does provide some charting amenities as well as a ticker table, it’s all a widget imported from TradingView.

Although some investment firms today still use a web-based trading floor, advanced solutions like MT4, MT5 or cTrader are the norm.

Investment Instruments

In an effort to make it seem like there’s a number of options for portfolio diversification, the company lists a few different asset groups. The number of instruments, however, remains quite small.

None of this carries any weight in the end, as with no trading application clients can’t actually participate in trading themselves.

These are the advertised trading instruments:

  • Cryptocurrencies (BTC, ETH, XRP, ADA, DOGE, LUNA)
  • Stocks (JPMorgan Chase & Co., AT&T, Google, Microsoft)
  • Indices (S&P500, Nasdaq)

Investment Bundles

While there’s an option to register as a new user, T&C state the site usage is only meant for members and individuals personally invited by existing clientele. This restrictive approach limits the investment possibilities for newly registered users, which is good in its own way. 

Here’s the offer of PremiumCapitals accounts:

  • STARTER PLAN – 5% daily for 2 days – $50
  • ADVANCED PLAN – 6.5% daily for 3 days – $1000
  • STANDARD PLAN – 7.5% daily for 4 days – $5000
  • VIP PLAN – 8.5% daily for 5 days – $10,000
  • Retirement and pension fund investment package
  • PAMM/MAM Investment package

Crypto Transfers Only

We’ve made it clear before on a number of occasions how dangerous crypto transactions are. On one hand, they may be instant and swift, but on the other, the security and transparency is severely jeopardized. The thing with these transactions is that you aren’t able to see who the funds go to and who is the wallet owner. 

That’s why these channels should be avoided. In case of a fraud, you’d have to refer to agencies that have the means and technology to track down the transfer process. Luckily for you, our company is properly equipped for that, so if you ever need help with restoring a lost crypto investment, you can contact us.

Customer Support

Clients may, allegedly, contact the customer support through a few different channels. One of these is the live chat, where nobody bothered to answer our message for quite some time.

Apart from that a WhatsApp messaging board is available, as well as an email, and a contact form on the website. Although an FAQ section exists, neither the questions or answers are done in any helpful manner.

Rely On Us For Help!

After successfully combating fraud for a number of years, our chargeback professionals and legal experts have gained a notorious reputation among the cyber criminals. You too can make sure of our capabilities if you contact us in case you’ve been robbed by petty internet swindlers.

For a free consultation, you can refer to our chat agent or fill out the form at the end of the article. We’re always at your service and we’re proud to help every scam victim that doesn’t wish to let the fraudsters get away with their crime. 

FAQ Section

What is PremiumCapitals?

This is a fraudulent website that is based on a fake investment scheme with alleged high returns.

Is this firm regulated?

No, despite the claims about operating under strict regulatory rules of CySEC, the databases of regulated firms contain no firm under this name.

What is the minimum amount to invest here?

The cheapest plan requires only $50, which is affordable, but useless nonetheless because the profit is fake.

How to get funds back from these fraudsters?

Our legal team provides efficient help in fund recovery. Just contact our online chat operators and book your free first consultation at any point you wish!

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!
However, if you're here because you suspect that your investment isn't in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

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