Is FX PREMIUM a scam or legit broker?
Here is the information for you to make your own decision.
FX PREMIUM is owned and operated by FX PREMIUM Group Ltd. which is an offshore company registered in Vanuatu. FX Premium is registered with the Vanuatu Financial Services Commission (VFSC).
FX PREMIUM claims to be a Forex and CFDs broker. According to thier site, FX PREMIUM Group Ltd operates under European regulations, directed and authorized by CySEC (Cyprus), is MIFID II compliant, and is additionally enlisted with Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) (Germany), the FCA (UK) and the ACPR (France). FX PREMIUM Group Ltd is additionally a part of the ICF (Investor Compensation Fund). When I contacted these regulatory bodies, they all verified that FX Premium Group Ltd. is not regulated.