Premium Yields has been flagged by Ontario Securities Commission for "Unregistered/Unlicensed entity offering financial products or services". Premium Yields found at www.pytradingmarket.com and/or www.premiumyields.com is not registered in Ontario to engage in the business of trading in securities. This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
For anyone considering Premium Yields, please be aware that this company has been flagged by Ontario Securities Commission. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.
Pros: Information is publicly available for verification
Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction
I want to warn everyone about Premium Yields. They have been flagged by Ontario Securities Commission as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Cons: Lost entire investment|Reported to authorities|Unresponsive
Tried to withdraw my funds from Premium Yields and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.
Cons: Lost entire investment|Reported to authorities|Unresponsive
My card was charged twice by Premium Yields on the same day. I had to dispute it with my bank. Premium Yields then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Easy withdrawals|No hidden fees|Regular platform improvements|API access
Cons: Mobile app could be improved
After seeing ads for Premium Yields online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Ontario Securities Commission. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Pros: Website looks legitimate on the surface
Cons: Listed in warning databases|No transparency|Pressure to invest quickly