Premarkets Review

Read our Premarkets review to see if we recommend this broker for trading. Just to clear doubts, this is a review.

Is Premarkets Legit?

After taking a look at their website, it shows that they do not fall under any regulating agency. That is a MAJOR RED FLAG!! That should be enough for you NOT to invest with them. And they also work with websites that offer “Automated trading software” which is another red flag, as this kind of websites are infamous for scamming schemes.

So, Premarkets is just another unregulated forex broker, which means the customers aren’t protected, and there is highly likely they will get away with your hard-earned money and there will be no regulating agency to hold them responsible.

How does the scam work?

Usually, unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit. And they will try any conceivable method in order to make that happen. They will offer deals that sound too good to be true. Like we will double your initial deposit or you will make $100 per day easily. Please don’t fall for anything they say!!! It is a SCAM! After making the initial deposit, they transfer clients to a smarter scammer, called a “retention agent”, who will try to get more money out of you. Also, one thing we need to add here is: don’t trust the good Premarkets reviews you might see online. They pay websites and services to improve their online reputation by posting good reviews about them.

Withdrawing funds

You should submit a withdrawal request ASAP, because your funds are never safe with an unregulated broker. And here is when things get tricky.

If you want to withdraw your money and it does not matter if you have profits or not, they will delay the withdrawing process for months. If they delay it for six months, you won’t be able to file a chargeback anymore and your money is gone for good. It doesn’t matter how often you remind them or insist in withdrawing your money, you will NOT get them back. And if you signed the Managed Account Agreement or MAA, which is basically authorizing them to do anything they want on your account, they will lose all your funds so there won’t be anything to request anymore.

How to get your money back Premarkets?

If you already deposited your money with them and they refuse to give your money back, which is very likely to happen, don’t worry, it might be a way or two to get your money back.
First of all, you need to keep the emails as proof that you have been requesting the money back from them but they don’t give it to you. Or they delay the process for too long, with the intention of not refunding your money.

The first thing you should do is perform a chargeback! And you should do this right away! Contact your bank or credit card provider and explain how they deceived you into depositing money for a non-regulated trading company. Mention also that they refuse to give your money back. This is the simplest way of getting your money back and is also the way that hurts them the most. Because if there are many chargebacks performed, it will destroy their relation with the payment service providers. If you haven’t done this before or you are not sure where to start or how to present your case to your bank or credit card company, we can assist you in preparing your chargeback case. Just contact [email protected] but don’t let your broker know they you read this article or that you are contacting us.

What about wires?

If you sent them a wire, there is no way to perform a chargeback on a wire. For this step you need to raise the fight to a different level. Tell them you will go to the authorities and file a complaint against them. That will get them to rethink the refund possibility. Another thing you can do is prepare a letter or email for the regulating agencies. Depending on where you live, you can search google to find the regulatory agency for Forex brokers in your country. After that you can prepare a letter or an email describing how they deceived you. Make sure you show this letter or email to them, and tell them you will send it to the regulating agency if they don’t refund your money. If you don’t know where to start, reach us at [email protected] and we’ll help you with this step as well.

Make sure you leave Premarkets reviews in other sites

Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites. See what other sites have posted reviews about Premarkets, and describe shortly what happened. If you fallen victim, please leave a review and a comment on this site at the comment section. Also, when these people change their website, they tend to call the old clients. So, if they call you from a new website, mention it in the comment or let us know about it. That would be really appreciated by us by our users. Also, if you get phone calls from other companies, please put the name of these companies also in the comment. Or you can send them to us and we will expose them too.

Premarkets Review Conclusions

Making the Premarkets review was our pleasure, and we hope to save as many people from losing their hard-earned money. A good rule of thumb is to carefully review all the Forex companies and any other company for that matter, before you perform any transaction. We hope that our Premarkets review has been helpful to you. If you have any questions or you need an advice about the withdrawing process, feel free to contact us at [email protected] or by using this contact form.
If you like to trade, please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below.

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  1. i was eager to start with, so after long thinking, I signed up. A friendly person guided me along the process to create the account and deposit my first minimum amount.
    but then……..
    i had problems in the first 8 hours after openening an account. in less than 6 hours, my account was blocked. I have sent mails to the support team because there is no phone no to find anywhere. I also checked where the HQ was (for me in Belgium) and it seems to be somewhere in the capital, but when I googlemapped the address, it was the address of a gas station. So my alarm bells went off. I tried a couple of times more to contact them, but no luck. So I decided to ask for a refund, and went to the site to fill out the refund document.
    this was very fast (and yes, I got the refund) but in less than 30 minutes later, I was getting a call, and after that one, another one, and another one…. so then my alarmbells were fire red.
    almost a week later, I got a call in the morning, same company. so I asked them to delete my account, which normally should be done after the refund is done. the person on the other side was an aggressive salesperson. so I told them to leave me alone.
    same day, a couple hours later, I got at least 10 phone calls, all from the same company, other phone numbers and from different country’s (I guess spoofing or so)
    so I blocked them all. The next call I receive from them, I will go to the authorities and file a complaint against them for stalking and scamming.
    I only wanted to spent a lousy 250 euro’s, but the amount of calls I got from them exceeds the cost of that already, so it must be a scam, why would they call me 10 times in mess than an hour, and then from different numbers from so called different country’s

    my advise : BE AWARE.

  2. Pre-market is a SCAM.
    It’s easy to deposit funds but impossible to get them out. The company admits they know they have programming errors and bugs in their platform and the T&Cs state “You have a duty to report to the Company any problem, bug, error or suspected system or other inadequacies that you may experience”
    Stay well clear of this company and their reps. Especially Ray and Mr. Richards.


  3. I started with an initial $350. A man named Adam contacted me encouraging me to put more money in as it was such a great opportunity. I put in $70,000 and it seemed to be working, then all of a sudden they contact me that my account was in margin recall due to the drop in crypto and I needed to put another $70,000 to salvage my account or lose it all. John – the apparent owner of this business rang me to encourage me he was legitimate. Sadly I believed him as there so good at scamming. They prey on you and harass you for more money, I don’t have any more money to give so now there asking about my superannuation! DONT DEAL WITH THEM AS IT IS NOTHING BUT FRAUD. They claim to have a Bris office but it doesn’t exist. It’s a scam and sadly I was fooled.


      • Hey Derek and Sulay. We also have been scammed out of money. We have also referred this to fraud investigations, got a trace done and has been referred on from QPS to higher. Hopefully these scumbags come unstuck soon.

  4. selling the domains in google. they closed the platform emails bounce back ,platform close while watching 5days ago. Trades were up. Goes to show

  5. I got scammed out of $15,500 after my good friend recommended them, he’s been trading since the beginning of the year and everything seemed to be going great. He’d made a couple of withdrawals then invested heavily ( we were both pressured by the account manager we were both dealing with, Ron Fisher) with $500,000.00, thank goodness I refused to put anymore funds in because as of Mon 4th Sept 2023, the website has disappeared with ALL of mine and my friends money….SCAMMING B*****DS!!!!


  6. I was scammed also of £250 initial deposit, then started asking for 1,000 as it was linked to a gold bar utter bull shit so I got rid of them managed to get my £ bsck by putting a bad review up so if I took it down they would refund me so I did and they refunded me, but then trust pilot banned me lol for a an edited review



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