Is Globalpremier legit?

By johan, from Indonesia, March 9, 2021 at 02:09 PM

hi, is it a legal & registered company in SVG? thank you

Answer: Hi johan,

Global Premier claims to be one of the fastest-growing online Forex broker offering the finest user experience in the industry. However, the biggest concern that we have is the lack of regulation. They can offer the best trading conditions on the market, but without being overseen by a reputable authority it will all mean nothing. Global Premier is operated by GlobalPremier LTD company with registered address in the St Vincent and the Grenadines.

However, the fact is that St. Vincent and the Grenadines is an offshore zone, which does register the financial investment firm, but provides very poor if none requirements to the company operation. That means, the broker is not regulated, not overseen and does not comply with strict international rules that provide protective measures to the traders. Therefore, it became an offshore zone for shady forex brokers such as Global Premier. Read more about St. Vincent and the Grenadines regulation by the link.

We strongly advise to stay away from this broker and choose only Well-Regulated Brokers that can guarantee safety of your funds and can have your back during your trading experience.

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