Investor warning against Premium X Capitals broker scam

Spread financial intelligence

The Austrian Financial Market Authority (FMA) has issued a warning against the broker scam Premium X Capitals (https://premiumxcapitals.com). The website does not provide information about the operators or the competent jurisdiction. In contrast, it claims to have more than 2,000 customers (victims). Potential victims can lose their money via credit and debit cards. As a payment processor, we have discovered PayWay. Stay far away.

Key data

Trading name Premium X Capitals
Domain registrarRegistrar.eu
Legal entitynot exposed
Jurisdictionnot exposed
Payment processorPayWay (https://payway.cc)

The scam narrative

There is not much to tell about Premium X Capitals broker scam. It is a poorly made white label mutation. The only new thing about this scam for us is the payment processor PayWay which we have not seen before. The anonymous payment gateway provider facilitates the scam and allows deposits via credit and debit cards.

Discuss and share

If you have any opinions about our warning, feel free to comment. If you have any information about Premium $ Capitals, please share it with us via our whistleblower system, Whistle42.

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