Auto Premium Trades

Auto Premium Trades is the trading name of TopFX Ltd, a company registered in the United Kingdom on 28 November 2022. The official domain is autopremiumtrades.com, and the registered address is 13 Plover Way, London, SE16 7TS. According to our records, the company has no employees listed.

Our records indicate that Auto Premium Trades holds two licences: one from the Cyprus Securities and Exchange Commission (CYSEC) for Market Making (MM) activities, and one from the Seychelles Financial Services Authority (FSA) for a Derivatives Trading License (EP). The licence numbers are 138/11 and SD037 respectively, though the status of each is not specified in our records.

The broker is regulated in two jurisdictions: Cyprus and Seychelles. The CYSEC licence (no 138/11) is for Market Making, which is a common authorisation for forex and CFD brokers operating within the European Economic Area. The FSA licence (no SD037) is for derivatives trading, which is typical for offshore entities serving international clients.

We cross-checked the licence details against our records, but the status of each licence is not published. This is a notable gap for traders who typically rely on active regulatory oversight as a key indicator of broker reliability. The absence of status information means we cannot confirm whether these licences are currently valid or suspended.

Auto Premium Trades was founded in late 2022, making it a relatively new entrant in the brokerage space. The company is registered in the United Kingdom, but its regulatory footprint is split between Cyprus and Seychelles, which is a common structure for brokers targeting both European and international clients.

Our records show that the company has no employees listed, which is unusual for an operating broker. This could indicate that the company is a shell entity or that the employee data has not been updated in our sources. Traders should be aware that a lack of operational transparency can be a red flag.

Based on the licences held, Auto Premium Trades is authorised to engage in market making and derivatives trading, which typically involves offering leveraged products such as forex and CFDs. However, we have no verifiable information about the specific products, platforms, or account types that the broker offers.

The official website, autopremiumtrades.com, could not be verified in our research, and there is no social-media presence associated with the broker. This lack of public information makes it difficult to assess the range of services available to traders.

Given the regulatory structure, Auto Premium Trades likely targets retail and institutional clients in Europe (through the CYSEC licence) and international clients (through the FSA licence). The market making licence suggests the broker may act as a counterparty to client trades, which is common in the retail forex and CFD industry.

However, without a verifiable website or marketing materials, we cannot confirm the intended client base. Traders considering this broker should exercise caution and seek additional information before committing funds.

Our FXCanary Scam Risk Score for Auto Premium Trades is 43 out of 100, which we classify as 'Guarded'. The primary risk flag is the lack of a verifiable website or social-media presence, which is unusual for a licensed broker and makes it difficult for traders to conduct due diligence.

Additionally, the absence of employee information and the unclear status of its licences add to the uncertainty. While the broker is not flagged as a clone or impersonator, the overall lack of transparency warrants caution. Traders should verify the licences directly with the regulators and seek independent reviews before engaging with this broker.