PREMIER EQUITY Forex Broker provides real users with * positive reviews, 1 neutral reviews and * exposure review!
Business
License
BAPPEBTI Suspicious Clone 
I have traded with this broker for one year. Here are my impressions: Firstly, the fixed spreads are very, even on the most popular currency pairs, barely competitive. Secondly, the overnight interest fees are very high. This broker appears to encourage people to trade intraday rather than take longer-term trades. Thirdly they have the worst customer service team. That’s all.
In the ever-evolving landscape of forex trading, Premier Equity has made a name for itself as an Indonesian brokerage firm. Established in 2004, it offers a range of trading instruments and platforms. However, the firms regulatory status has raised concerns, with some sources labeling it as a "suspicious clone." This review will delve into the key features, user experiences, and expert opinions surrounding Premier Equity, providing a comprehensive overview for potential traders.
Note: It's crucial to recognize that the presence of different entities operating under the same name across regions may lead to confusion. Thus, verifying the legitimacy of the broker is essential for fair and accurate trading experiences.
| Category | Rating (out of 10) |
|---|---|
| Account Conditions | 6 |
| Tools and Resources | 5 |
| Customer Service and Support | 6 |
| Trading Setup (Experience) | 7 |
| Trust Level | 4 |
| User Experience | 5 |
We assess brokers based on user feedback, expert analysis, and factual data.
Premier Equity, officially known as PT Premier Equity Futures, is a brokerage firm based in Indonesia. Founded in 2004, it operates under the regulation of the Indonesian Commodity Futures Trading Regulatory Agency (Bappebti). The firm primarily offers trading through the MetaTrader 5 (MT5) platform, which is recognized for its robust features, including advanced charting tools and real-time market data. Traders can access a variety of asset classes, including forex, commodity derivatives, and stock index futures. However, the firm has been flagged for having a "suspicious clone" status, which raises red flags regarding its legitimacy.
Premier Equity operates under the regulatory oversight of Bappebti in Indonesia. However, its classification as a "suspicious clone" has led to significant concerns regarding its legitimacy. This designation suggests that there may be entities impersonating the broker, which can pose a risk to potential traders. Therefore, it is imperative for clients to conduct thorough due diligence before engaging with the broker. According to WikiFX, the firm holds license number 443/Bappebti/si/viii/2004, but its essential to verify its current operational status.
Premier Equity supports various deposit and withdrawal methods, including bank transfers, credit cards, and e-wallets. The minimum deposit requirement is relatively high at IDR 1,000,000 (approximately $70), which may deter some beginner traders. Withdrawals typically take several days to process, particularly for bank transfers. While the broker does not charge deposit fees, withdrawal fees of IDR 100,000 apply. This structure might not be favorable for traders looking for more flexible financial options.
The trading conditions at Premier Equity are competitive, with leverage options reaching up to 1:500. However, the high leverage can amplify both profits and losses, necessitating a cautious approach. The broker offers a range of spreads depending on the account type, with the micro account starting at 5 pips and the VIP account going as low as 2 pips. However, the lack of transparency regarding commissions and fees is a notable drawback, as highlighted by several users.
Premier Equity provides access to various trading instruments, including forex pairs, commodity derivatives, and stock index futures. However, the absence of cryptocurrencies in its offering may limit its appeal to a broader audience. The brokers focus on traditional financial instruments may suit conservative traders, but those looking for more diverse options may need to explore other brokers.
Customer support is available 24/5, with the option to contact the team via phone. However, the waiting times for responses can be longer than expected, as reported by some users. Additionally, while Premier Equity offers educational resources like trading guides and webinars, the depth of these materials is limited compared to other brokers. This could hinder the learning experience for novice traders seeking comprehensive educational content.
The overall user experience with Premier Equity has been mixed. While some users appreciate the variety of trading platforms available, including the popular MT5, others have expressed concerns about the broker's transparency and regulatory status. The limited educational resources and high minimum deposit requirements may also deter potential traders. According to user feedback, the platform's interface is user-friendly, but the lack of a demo account for VIP account holders is a significant drawback.
| Category | Rating (out of 10) |
|---|---|
| Account Conditions | 6 |
| Tools and Resources | 5 |
| Customer Service and Support | 6 |
| Trading Setup (Experience) | 7 |
| Trust Level | 4 |
| User Experience | 5 |
In conclusion, the Premier Equity 2025 review highlights both the strengths and weaknesses of this Indonesian brokerage firm. While it offers competitive trading conditions and a variety of asset classes, the regulatory concerns and high minimum deposit requirements may pose challenges for potential traders. It is essential for clients to conduct thorough research and consider their trading needs before engaging with Premier Equity.
