premiumwave.online has been flagged by Cyprus Securities and Exchange Commission for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: premiumwave.online.
premiumwave.online changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Personal attention|Automated trading options|Fast support response|Low minimum deposit
Cons: No fractional shares
premiumwave.online advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Good analytical tools|Transparent fees|Customizable dashboard|Stable platform
Cons: Limited ETF selection
Tried to withdraw my funds from premiumwave.online 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: Withdrawal fees demanded|Communication cut off|Not authorized
The reporting at premiumwave.online is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Regular updates|Dividend tracking
Cons: Website design could be more modern
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that premiumwave.online has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
I joined premiumwave.online after comparing multiple platforms and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.
Pros: Segregated accounts|Fast support response|Economic calendar
Cons: Would like more payment methods|Minor UI glitches occasionally
premiumwave.online had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Full transparency|Instant funding|Stable platform|Customizable dashboard
Cons: No integrated tax optimization
The platform at premiumwave.online is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for roughly four months of dealing with this, I have had enough.
Pros: API access|Multi-currency support|Customizable dashboard|Fast execution
Cons: Cannot customize dashboard fully
My card was charged twice by premiumwave.online on the same day. I had to dispute it with my bank. premiumwave.online 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: Intuitive for beginners|Competitive fees|Tax reports included|Easy to use platform
Cons: Limited demo account features|Spreads widen during volatile periods
premiumwave.online seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Low minimum deposit|High security standards|Two-factor authentication|Regular platform improvements
Cons: Slow to add new assets|Charting tools need more indicators