Uniglobe Markets (Uniglobemarkets.com) is another CFDs, Crypto Currency and Forex broker scam defrauding members of their hard-earned money. UniglobeMarkets is enticing investors with a 100$ deposit bonus. Unsuspecting investors rush to deposit funds not knowing this is a scam. Why are members crying foul with this broker? To find out, we conducted a thorough investigation. What we found out is shocking! Read this eye-opening UNIGLOBE MARKETS Review for full details.
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After receiving numerous email complaints from members who lost funds, we knew something was amiss. Why would over twenty members be complaining over withdrawal issues? These are some of the reasons why signing up with Uniglobe Markets is strictly prohibited. Why are investors signing up with a rogue broker? Investors sign up with online investment platforms without conducting a proper search.
Professional scam artists know for a fact we all want to make an extra buck. And they take advantage of this situation by promising over the moon claims and promises. Uniglobe Markets is no different as they claim to offer 100% deposit bonus, referral bonus of up to $3,000 and more. To find out other dirty secrets, you need to read this entire and honest UniglobeMarkets review.
According to the disclaimer at the footer of their homepage, this website is run by Uniglobe Markets Ltd. The company is located in Marshall Islands which is proof we are dealing with an offshore broker. Anonymity is one dangerous partner to associate with, and Uniglobe Markets fits this profile.
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Who are the founding members of this platform? Why can’t we get the actual names of people running this website? These are some of the hard questions investors should ask before signing up. When investors deposit funds, it means they trust their funds with an unknown third party. A good reason why these scam artists hide their details is to protect themselves. They are afraid of the backlash they would receive from authorities and victims. Don’t become their next victim and ignore all calls to sign up.
These scam artists have claimed to be registered under Marshall Island laws with registration number #78101. Scam artists will do or say anything to try and make their platforms appear legit. By posting these numbers as their registration details, they try and feign legitimacy. International regulatory bodies which license brokers include ASIC, COSNOB, CySEC, FCA, FSA, and NFA.
A real broker will post copies of their licenses to prove authenticity. Why have these scam artists failed to post such crucial documents? Any investor should ask for a valid trading license and confirm with international regulatory bodies. These scam artists will do everything to ensure they sign up unsuspecting investors. By exposing this flaw, investors now know Uniglobe Markets is operating trading services illegally.
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Uniglobe Markets is furnishing members with five different account types. What we found odd with these accounts is how similar they are to each other. These accounts are named Micro, Premium, ECN Classic, ECN Elite, and VIP. A huge problem with these accounts remains how they all have same trading advantages. Why would a broker deposit $50,000 and get same features as one who deposits $5,000. We smell trouble with these accounts as they are simply decoys.
Another perturbing issue with this broker is their demo account. Apparently, this demo account is placing over 98% successful trades. What these scam artists have done is have a rigged demo account. Demo accounts use virtual money which makes it easy for scam artists to manipulate the results.
Depositing funds with this broker is easy and quick. Depository channels include Bank Wire, FasaPay, Neteller, Perfect Money, Skrill, among others. Account funding takes less than five minutes as expected. Problem with this broker is withdrawing funds. Most members are having problems with withdrawing their funds. As expected with a scam platform, withdrawal requests go unanswered. These are professional scam artists who simply want investors to deposit funds with them.
Uniglobe Markets claims to have MT4 trading platform which we tested. One huge flaw with their platform is it doesn’t work well with mobile devices. Download took time and set up process stopped at 45%. Their platform lacks proper security features making it an easy target for hackers. Stay away from brokers who offer unstable platforms. These hackers will steal your credit card details and sweep your bank account clean!
How can funds be safe with an offshore broker? With many members complaining regarding how withdrawing is an issue, funds are not safe. Why have they failed to mention where they deposit funds? Which institution do they use to bank money deposited by members? Is the process of funding accounts safe? There’s no DDoS protection which means transferring funds is unsafe. Is it possible users are depositing funds straight to owner’s bank account?
Another unsettling issue we discovered was segregation of accounts. Uniglobe Markets is merging assets in one account which is risky. Pooling funds in one account can lead to huge losses especially if bankruptcy occurs.
After checking all evidence, we are sure Uniglobe Markets is a scam. Stay away from any broker who shares any similar characteristics. Mark all their emails as Spam and never click on any links sent.
Adding this broker to our scam blacklist will aid in protecting our readers. Make sure to stay away from these scam artists and ensure you use credible platforms.
A good and proven way of making credible profits is by using effective Forex trading tools. Go for Forex trading robots with a solid track record at all times. Make sure to go for Forex trading robots which are genuine and honest. What are you waiting for?
Wishing you all the best in your Forex trading activities.
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