Units Capital Review: Unitscapital.io is a Dirty Broker

Units Capital is a broker trying to convince investors it’s a legitimate investment scheme. The entity is mainly offering crypto and forex products. The venture is mainly looking for novice investors, from the look of things. It is a shady platform that is only after investors’ money. 

The broker states it operates independently. They work with specialists who are willing to assist investors in their trading activities. The company has an effective risk control mechanism that protects customers’ funds. Therefore, users will not experience severe losses when trading with them.

Units Capital guarantees it only works with the best team. They do not compromise on the quality. However, this is a vague statement. Unfortunately, the broker fails to endorse the team. We are not aware of who these individuals are. Additionally, we cannot blindly believe there are experts involved while there is no proof. 

Legitimate ventures will credit the financial analyst and account managers. After All, these are the individuals responsible for the company’s success. The law also requires brokers to operate in full transparency. Clients have the right to know the people handling their funds. In case of any shortcomings, the experts will be accountable.

Unitscapital.io Review

Units Capital claims it only provides reliable information from trusted and verified sources. It is a marketing strategy to win the trust of rookie investors. The broker assures customs it constantly improves its security measure to protect users’ data and money. 

Investors should note their information is at dire risk with offshore firms. Sharing your ID and proof of address document exposes you to more risks. Remember, tactical scammers run these platforms. They can therefore use the information against you. Even worse, the data can be used in identity theft. 

The only thing that guarantees your fund safety is if a company is working with a reputable financial institution to segregate the accounts. Unfortunately, Units Capital is taking investors’ funds directly into their pockets. Their main target audience is beginners. You will never find an expert trader wasting their time with a shady broker. 

In the meantime, you can check out these leading crypto entities. The ventures have a successful investment history. They put the needs of their customers first. The withdrawal process is handled in time. They are also transparent about the fees. You are assured of professional and quality services. 

Units Capital Trading Conditions 

Units Capital presents a web-based trading platform to investors. The features available include; customizing charts, placing order buttons, and fundamental technical indicators. The interface might be appealing to newbies. However, if you need advanced and profitable software, go for the MetaTrader. 

Companies providing the software tend to have better performance. Clients can also trade automatically. Both MT4 and MT5 have access to multiple markets. The indicators, advanced charts, and custom scripts come in handy.

Be mindful of scammers who will only provide trading software to deceive you; they participate in investment activities. They will cook figures and, in the end, withhold the money you deposit.

Units Capital claims to be operating legally in the UK, yet the leverage provided is prohibited. Investors can enjoy the leverage of 1:500. Legitimate firms can only offer a cap of 1:30. Financial bodies regulate the market to ensure investors enjoy an ideal marketing environment. 

High leverage does open the possibility for greater wins. However, this is a double-sided sword. The market is also volatile, and you can either make profits or losses. If the latter happens, then you will be calculating unimaginable losses. 

Units Capital spreads are not appealing. The firm promise grants a spread of 3 pips. It means clients will need to pay more for them to open trade. The firm is charging a 12% profit commission. It is evidence you will be dealing with an exploitive venture. You won’t find a legitimate entity having such unfavorable terms for customers. 

Units Capital Trading Accounts 

The broker has four investment accounts. The basic account offers leverage of 1:100. Users can only open two trading positions. The classic account has a leverage of 1:200 and allows CFD trading. Clients can open a maximum of 10 trading positions. 

Units Capital Pro account accepts a minimum deposit of $10,000. It has a maximum leverage of 1:400. The VIP package has a floating spread. Clients can open as many positions as they please. You could also open a managed account.

Withdrawal and Deposit 

Units Capital accepts a minimum capital of $250. The entity lacks legal documentation. Hence, it is impossible to know the conditions which customers must meet. The reason why illegitimate schemes fail to have terms and conditions is for them to inflict hidden charges on consumers. 

Contact Details and Customer Support 

Units Capital fails to provide a physical office address. Clients could use a phone number and an email address to reach the support. You need to keep in mind that scammers deactivate their VoIP phone numbers. They acquire them illegally. The schemes will appear to be operating from a specific country while they are based in an offshore region. 

The majority of offshore schemes lack enough funds to hire a professional team. Their sales reps do their dirty bidding. They are friendly and convincing. You will deposit funds, and the fraudsters will keep asking for more. 

It is impossible to trace them down as they observe anonymity. The authority cannot help, and you can only avoid the lousy outcome by staying away from discrete companies. 

Units Capital Regulatory Status

Units Capital boldly claims it has a license from the United Kingdom regulatory body. The Financial Conduct Authority is one of the strict watchdogs in the market. The scheme goes overboard and provides a certificate from the agency. After a quick check on the website, we did not find a match.

The suspicious scheme is using false information to trap more victims. Unfortunately, clients won’t receive compensation if the venture decides to exit the market. Clients can get from up to 85,000 GBP in the UK if a broker faces bankruptcy. 

Before opening an investment scheme, a broker must deposit capital of 730K Eur. The money assures the broker can operate transparently without misusing clients’ funds. Additionally, it is an assurance the entity will survive the market volatility. 

Units Capital being unregulated can impose hidden charges on clients. They are also not offering negative account balance protection to traders. The firm can change the terms and conditions whenever it deems fit. Licensed ventures are accountable and report their daily transactional reports to the authority. Price manipulation is unheard of in these genuine firms. 

Final Verdict 

Units Capital is a platform without client testimonials. Nobody seems to have earned using this venture. The trading conditions of the broker are sickening. The entity does not see the need to have terms and conditions. If you sign up with them, you won’t know what hits you. Furthermore, the company is capable of withholding your funds. Suing them won’t help as the fraudsters are anonymous. 

Moreover, avoid all the shortcomings of dealing with unregulated and shady platforms. Here is a list of reliable and transparent crypto companies. These reputable ventures have the best terms in the market. You will enjoy better conditions and ideal services.  

No, the scheme exposes traders to severe risks.

Unfortunately, this is an illegal scheme

Can Investor earn the advertised returns?