ULTRONTRADEFX (Ultrontradefx.com) is a CFDs, Crypto Currency, and Forex scam broker to hit the lucrative trading world. ULTRON TRADE FX is claiming to offer users an unmatched trading experience with top class brokerage services. With promises of daily profits, 100% automated binary software; we simply had to check them out. Read this unbiased review of ULTRONTRADE FX and find out the scary truth regarding this broker. UltronTradeFX is a SCAM!
What immediately got our attention is a statement that users will get daily profits by using this platform. Folks, ULTRONTRADEFX is claiming that users will get daily returns after depositing with them. Claims and promises are what drive investors to deposit money without proper research. That’s why reviews were invented to help open your eyes of what to expect. Read this detailed and honest review and find out the truth.
To start us off, let’s begin with their homepage, these scammers have created an easily trusting homepage. And that’s what scammers are all about, creating a first and lasting impression to newbies. They promise that their website is DDoS protected which is far from the truth. You should know by now that scammers will do or say anything to make their products appear real. Don’t believe everything you hear or read regarding ULTRONTRADEFX.
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According to the disclaimer at the bottom of the homepage, this platform is located in the United States. Problem with the disclaimer is that it points us to two addresses. One is based in New York and another in California. It’s hard to clearly point out where their main address really is. Another disturbing feature with this platform is lack of transparency when it comes to names. There’s no mention of anyone behind this platform.
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Have you seen a real name of a person who is behind ULTRONTRADEFX? Who is the CEO or CFO of their mother company? There’s no information given to the names of people who were founders of this platform. It’s clear that these scammers want to remain anonymous for one reason or the other. Anonymity is a dangerous character to have as a broker. Don’t sign up with a broker who is shrouded with anonymity.
ULTRONTRADEFX is not licensed or regulated by any known regulatory body. Proof of this can be verified on their own homepage. They fail to disclose any licensing or registration number given to them. This is clear proof that we are dealing with an unregistered Forex broker. ULTRONTRADEFX is not authorized to conduct any Forex transactions on behalf of any third party. Simply put, we are dealing with a rogue broker.
It’s also possible that this broker is nowhere near the United States. As we earlier said, scammers will do or say anything to try and legitimize their platform. And of course, if they were indeed registered, they would have easily shared these details. Which regulatory body did they turn to for registration? Lack of these crucial details is proof enough that we are dealing with a professional scam outfit. Stay away from this rotten scam broker.
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Another disturbing feature with this broker is the fact that they have used fake testimonials. Testimonials are meant to make users believe that the platform is real. Take for instance McCoy James; he claims trading with this broker has been nothing short of professional. Other testimonials are from people such as Martel Bills, Grill Palm, and Powells Jurgun. There’s one discrepancy with these testimonials.
These are stock photos downloaded from the internet for sales purposes. If they indeed have made money with this broker, where can we find them? There are no details regarding who these people are. If they were real, we would have checked their social media profiles for verification. These scammers know that and that’s why we have pictures with names, no links to these people. As we said, scammers will post anything to try and sell their products and services.
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Disturbing claims have been posted here just to entice users to sign up. These claims include easy to use platform, daily profits, 100% automated software, and steady returns. Claims that this broker will guarantee daily profits and steady returns will never going to happen. Ask any Forex expert; guaranteeing daily and steady profits is not possible. Markets are volatile and prices easily change due to unforeseen circumstances.
A platform that has 100% automated software is also not going to make any money for you. These scammers simply use these claims as a way of enticing newbies to sign up. Claims of instant withdrawals are also not true as withdrawing with this broker is next to impossible. That’s why we strongly believe that this is purely another Forex scam that must be exposed.
Funds are never safe with an unlicensed and unregulated Forex broker. This broker fails to mention important details on their homepage. They fail to mention where they bank money deposited by traders. Did you know that members maybe depositing money straight to the owner’s personal bank account? That’s why we are strongly against signing up with this platform.
There’s no segregation of accounts when it comes to UltronTradeFX. This means that they are pooling funds in one account which is very risky. In case of bankruptcy or insolvency, members will automatically lose money without warning. This leads us to our next red flag; this broker does not participate in a compensatory scheme. If the broker loses money, members will not be compensated by ULTRONTRADEFX.
Homepage clearly suggests that users get 24/7 customer support, how do they do this? To begin with, they don’t have a live chat support dashboard. Do they expect members to send emails to them? Problem with emails is that they might take forever to get any meaningful responses. It’s clear that we are dealing with a broker who doesn’t want any contact with users. They are simply afraid of the backlash from authorities and victims.
Never sign up with a broker who will be hard to contact as it may lead to delays in the long run. A broker who has no live chat support in this day and age is not worth your time. This broker simply wants investors to sign up, deposit and trade on their own. How can a newbie trade without getting relevant help from brokers?
ULTRONTRADEFX is a Scam that has no boundaries and should be monitored closely. Make sure to mark all their emails as Spam and never click on any links sent by their marketing team. Warn your friends and relatives from signing up with this shady broker. Anyone who signs up with this broker will be left ruing the day they signed up. Best thing to do is to stay clear of this rogue broker and ignore all calls to sign up.
After producing such compelling evidence against ULTRONTRADEFX, It’s clear that we are dealing with a scary Forex broker. Option left for us is to add this broker to our scam blacklist. This is simply an unacceptable practice by scammers to steal money from unsuspecting investors.
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We wish you all the best in your future Forex trading experience.
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