Customers of Palmer Finance Company can engage in trading operations on the CFD market. It is stated that the organization was registered in 2004 in the United Kingdom and its office is located in Colorado, USA. However, the website was only created in 2023. Furthermore, the broker’s activities are not regulated. Do you think trading on this platform can be considered safe?

Trading Conditions

During registration, users are offered bonuses. The leverage can reach up to a maximum of 1:400, while the minimum deposit required is 100 pounds. There are over 300 instruments available, including CFDs on those assets:

Currencies
Cryptocurrencies
Equity
Indices
Commodities

Also, every trader has a personal manager. Overall, the trading conditions depend on the type of account. There are 5 different account types at Palmer Finance Company.

There is no demo account, but instead, safe trades are offered. WebTrader and MobileTrader are used for trading. There are several types of partner programs available: Affiliates, Introducing Brokers, Referral system, and White Label. Both newcomers and mentors can learn using materials from Palmer Finance Company. Technical support is online on weekdays.

FAQ

Would investing in Palmer Finance Company offer the best returns?

CFD trading on a proprietary terminal is very risky, so we have some doubts about it.

Does Palmer Finance Company carry out withdrawals?

According to reviews online, the broker does not withdraw money. Share your trading experience, and perhaps our opinion will change.

May I be scammed on palmerfinancecompany.com?

Yes, the chance is high, as the domain is new and Palmer Finance Company can disappear at any moment.

What's the best way to share my experience with Palmer Finance Company?

Fill out the form and we'll make sure your voice is heard.

How can I tell if Palmer Finance Company is a fraudulent company?

Do your own research and never believe those who promise you easy money.

Criteria

Jurisdiction: Onshore

License: No license

Leverage: 1:400

Broker type: DD

Demo account: No

Affiliate program: Introducing Broker

Minimum deposit: 130$

Trading platform: WebTrader

Assets: Forex, CFD

18 reviews about Palmer Finance Company

robert tylżycki
November 17
okradli i oszukali mnie
pieniądze i ich wypłata? - nie, u nich to nie możliwe.
nie chcą rozmawiać, nie chcą się rozliczyć, straszą
jedyną pomoc jaką znalazłem to 6-** *~1* 4*-* tu, prawniiczki ogarnięte, wiedzą co z czym i gdzie, miesiac mam już sprawę w toku
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InFighter
August 1
I am now left without any money.
Palmer finance is the worst company... it is really inconvenient to trade here, at least I couldn't because of constant slippage and huge spreads... and I can't withdraw my money either! I have been waiting for them for over 5 days now!
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TLX
July 15
My family has been deceived!!!
My grandmother entrusted her savings to Palmer Finance Company, even though she has never been particularly trusting. Apparently, they pulled the wool over her eyes. Please be careful and do not trust such firms.
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Taylan
July 8
It's such an obvious scam that it's even funny.
At the bottom of the website, we saw the details that are supposed to indicate that Palmer finance company is registered in the UK. And indeed, there is information about such a broker on the gov.uk website. But I see a few contradictions here. First, if the organization is British, why does it have an office in Colorado? Second, where is its license from the FCA? Furthermore, if the broker allegedly exists since 2004, where is any kind of statistics? Where are the names of the founders, after all?

All of this is missing... And you know why? Because some bunch of scammers created a website in early 2023 (yes, the domain palmerfinancecompany.com is less than a year old, if you're wondering) and pretended to run a reliable company.
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web
June 28
I want to know about the trading conditions
They have some unclear trading platforms, and there is no demo account to test. I don't even know if it's worth starting trading if everything is really convenient and comfortable here. Can you tell me if it's easy to understand? I only have experience with MetaTrader, but I decided to try trading on other platforms because the conditions seem better here. But I'm afraid of making a mistake.
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spash
June 23
No problems at all.
Personally, I've had a great experience working with Palmer Finance Company! I chose this broker specifically because I saw that they have official British registration. The firm has been around for nearly 20 years! That means my money is definitely safe here.
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Ol
June 4
The platform is terrible
The terminal that Palmer Finance Company customers trade on is disgusting
It is clear that the trades being conducted here are not executed on an external market. Otherwise, these recurrent speed issues would not occur after each transaction
They don't even provide a demo account for practicing on the platform, and in reality, you don't even need it because there's no point in getting involved here
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pumpkin
May 30
The people working there are disgusting.
They are just heartless scumbags who steal money from the most vulnerable and defenseless segments of the population. They are no better than pickpockets, and in some ways even worse… I can't wait for them to finally be caught and for their fraudulent business to shut down…
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Eva
May 21
Such a typical scam...
Have you noticed that palmer finance company suggests a 1:400 leverage? This indicates that the broker is not licensed. No reputable regulator would allow such conditions for clients, as it could lead traders into massive debt

And like many other scammers, they offer multiple trading accounts with different conditions. The minimum account has very few instruments, and you need to invest a huge sum to have somewhat acceptable trading conditions. Of course, in the future, the broker will take all that money for themselves
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pro
May 12
What? An office in the US? You must be kidding.
Did you actually believe that this stupid Palmer finance company has an office in the US? Have you ever looked into the laws of that country? If not, let me tell you about them. CFD brokers like this scam are simply ILLEGAL.

So it turns out that they stole someone else's data and didn't even hesitate! Furthermore, I'll tell you that previously there were "offices" of other brokers at this address, which managed to close down and deceive hundreds of traders. I think you can draw your own conclusions.
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Troodi
April 23
They buy databases and call people.
Palmer finance found my friend's phone number somewhere, even though he has never been into trading, and called him. They called him around 10 times from different numbers. I became curious about this company. I created an account and randomly entered a phone number so they wouldn't start calling me as well, and I was disappointed. It's clear why they are so persistent... otherwise, no one would be interested in them, as they don't offer anything valuable.
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valtan
April 18
I didn't make any money here, quite the opposite.
Absolutely all the transactions I made with palmer finance company were unprofitable! The manager explained what to do, but it didn't help me because their proprietary terminal was extremely slow!

I believe they should compensate me for this, but according to their user agreement, it won't happen. Apparently, they claim not to be responsible for anything. Well, it's easy to avoid responsibility and then respond to all complaints with "We are not at fault" …
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Kowalski
April 18
Palmer Finance to największy błąd w moim życiu
Zapałałem ideą łatwych pieniędzy, ponieważ menedżerowie cały czas mówili mi, że handel jest naprawdę prosty. Tylko trzeba zacząć od razu dużą sumą. Pożyczyłem pieniądze od przyjaciół, mając nadzieję, że szybko podwoję mój depozyt. Analityk opowiadał mi o planowanej dużym transakcji gazowej lub naftowej, już nawet nie pamiętam. Okazało się, że cena poszła w zupełnie innym kierunku i poniosłem ogromne straty. Kiedy chciałem wypłacić przynajmniej resztę, broker zaczął wymyślać różne powody, aby nie oddać mi moich własnych pieniędzy. Wtedy zaniepokoiłem się i rozpocząłem sprawdzanie, czy ta firma jest naprawdę godna zaufania. Zapoznałem się z wieloma opiniami na temat palmer finance. Jak się pewnie domyślacie, odkryłem, to prawdziwy oszustwo.
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Hummer
April 17
I've been forced into taking a loan, what should I do?!!!
Some bonus money was credited to my account, and I read in the user agreement that it's actually a loan that I have to repay! I didn't ask for this, what should I do?!!!
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zenn
March 16
I really like everything.
Palmer finance company presents great conditions. They have comfortable spreads and leverage, a wide range of instruments, and most importantly, the manager is always ready to help. The only downside for me is that it's not possible to try working on a demo account, you have to invest real money right away. But they do have secure transactions.
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Alkadras
March 2
Awesome personal manager!
One of the aspects that sets Palmer Finance Company apart from others for me is its dedication to understanding and meeting its clients' needs. They took the time to understand my financial goals and risk tolerance and provided personalized investment strategies that exceeded my expectations. Now I can earn a lot.
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Gam
February 28
Tech support clearly doesn't give a damn about you.
I want to bring to your attention that fraudsters from Palmer finance company initially appear to be very kind, but then they stop answering basic questions. Personally, the tech service stopped talking to me after I completed the verification. They got the documents, they got the money, but now they refuse to help at all! They promised me support as a newcomer, so what am I supposed to do now?
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oxi
February 23
Please don't feed the scammers, I beg you!
Trade with legitimately licensed firms, not with this Palmer Finance Company! You'll only complain later that they deceived you!
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