premmentor is a contract for difference (CFD) broker whose official website domain was registered on January 25, 2024. This broker primarily provides investment services in trading markets such as forex, digital currency, precious metals, commodities, and funds for retail and institutional clients. It does not offer services to countries or regions where doing so might violate local laws or regulations.
Company Registration Information and Regulatory Status
The official website of premmentor (www.premmentor.com) does not disclose the company entity, registration location, or associated regulatory information. The "Terms of Service" page merely states, "Any litigation arising from the terms of this website shall be litigated in a court located in Munich, Germany, and only in such courts."
Upon investigation, no registration information for this broker was found in the German company registry or with the Federal Financial Supervisory Authority (BaFin). Therefore, premmentor (www.premmentor.com) is essentially an unregulated scam broker.
Account Opening Process
The account opening process for a premmentor trading account involves visiting the broker’s official website, clicking on "REGISTER NOW" on the homepage or "Join Now" in the upper right corner to access the account registration page, filling in personal information such as name and email, setting a login password, and submitting the form. After submission, verify the account to complete the registration successfully.
Investment Plans
premmentor offers six investment plans for users: Basic Plan, Star Plan, Diamond Plan, Business Plan, Golden Plan, and Expert Plan.
Basic Plan:
- Trading period: 24 hours
- Minimum deposit amount: $50
- Maximum deposit amount: $999
- Enhanced security
- Access to all features
- 24/7 dedicated support service
- Return rate: 8%
Star Plan:
- Trading period: 24 hours
- Minimum deposit amount: $1,000
- Maximum deposit amount: $4,999
- Enhanced security
- Access to all features
- 24/7 dedicated support service
- Return rate: 10%
Diamond Plan:
- Trading period: 48 hours
- Minimum deposit amount: $5,000
- Maximum deposit amount: $9,999
- Enhanced security
- Access to all features
- 24/7 dedicated support service
- Return rate: 2,500%
Business Plan:
- Trading period: 5 hours
- Minimum deposit amount: $2,500
- Maximum deposit amount: $4,000
- Enhanced security
- Access to all features
- 24/7 dedicated support service
- Return rate: 15%
Golden Plan:
- Trading period: 20 hours
- Minimum deposit amount: $10,000
- Maximum deposit amount: $20,000
- Enhanced security
- Access to all features
- 24/7 dedicated support service
- Return rate: 20%
Expert Plan:
- Trading period: 48 hours
- Minimum deposit amount: $20,000
- Maximum deposit amount: $100,000
- Enhanced security
- Access to all features
- 24/7 dedicated support service
- Return rate: 20%
Trading Platform:
premmentor provides a self-developed trading platform but does not offer detailed information about it. The platform is only available as a web-based version.
Deposits and Withdrawals:
premmentor supports deposits and withdrawals through various cryptocurrencies.
Conclusion:
Traderknows reminds investors that premmentor is a scam broker luring investors with promises of high returns but is actually unregulated. Investors are advised to choose brokers with transparent information, strong regulation, and a good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
