There are a huge number of scammers offering the most favorable trading conditions on the network, but unfortunately not all of them are honest and reliable.
Today, the hero of our review was a certain dubious company Ubi Trade, but whether to trust this broker, we will try to figure it out together.
Get instructions on how to withdraw funds
The official resource is not only the business card of the company, but also its face, so when evaluating the reliability of a broker, it is important to pay attention to the quality of the page.
Evaluating the official site ubi-trade.com/ we see before us a cheap one-page resource that cannot possibly belong to a reputable brokerage company.
UBI Trade scammers say almost nothing about their company, except that they employ more than 200 specialists and more than 100,000 active trading accounts. But at first glance at the site, it becomes obvious that this is a fake.
The swindlers do not specifically say anything about themselves, for example, there is no data either on the date of creation, or on who heads the sharaga. When checking the domain for age, it turned out that the site was created in January 2021.
Thus, scammers do not differ in special experience and it is hardly worth trusting such a dubious sharaga. The cheapness and stereotype of the site is once again proved by the fact that there is a twin brother of our broker Imf Finance on the network.
This broker offers similar benefits, address and stats, which is a scam.
Fraudsters are generally silent about the presence of any licenses for brokerage services, which is a very alarming fact. So the site states that the company is allegedly registered in the offshore country of Saint Vincent and the Grenadines, and this again indicates its unreliability.
Such states have a very loyal policy for fraudsters, so it is difficult to bring them to justice.
For residents of Russia, it is important that the broker is regulated by a license from the Central Bank, which, of course, UBI Trade crooks do not have and cannot even have. Cooperation and investing in only dubious companies is dangerous with serious consequences, since in the event of a divorce, no one can help you.
Feedback and contacts
For feedback, the crooks offer, in addition to the address in the offshore St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines, also phone number 8 800 200 01 31.
Only here, again, there is a discrepancy, an office in St. Vincent and the Grenadines, and a contact phone number from Ukraine. Analyzing this fact, it becomes obvious that the crooks are most likely in some kind of basement.
Also for feedback there is an email address [email protected]
UBI Trade scammers offer traders 4 types of trading accounts: Micro, Standard, Classic, Pro.
The micro account has a minimum deposit of $1,000, with leverage ranging from 1:1 to 1:200, a minimum lot size of 0.01, a margin call of 100%, account hedging and a personal account manager.
The trading conditions of the standard account are absolutely no different from the previous ones, only the size of the minimum deposit here is already $ 5,000. For those who decide to open Classic or Pro accounts, the deposit size starts from 20,000 and 50,000 dollars, respectively, but at the same time, technical analysis and individual trading conditions will be available to you as additional conditions.
Given the lack of regulation, such leverage for UBI Trade scammers is a trap for lovers of easy money. Scammers cannot guarantee their solvency in any way and this is openly stated in the user agreement.
UBI Trade crooks have a standard divorce scheme: initially they promise you ready-made strategies and help in making money, and then they start pumping out money to the maximum. But as soon as the client tries to withdraw money, then the polite managers who convinced you to invest the battle become exacting extortionists of additional commissions.
As the reviews about UBI Trade confirm, this sharaga cannot be trusted in any case.
Fraudsters impose fabulous commissions and hidden fees, and everything is done so that the trader cannot withdraw his hard-earned money.
Using only facts, the review of the site ubi-trade.com/ clearly demonstrated that you cannot trust the swindlers of Ubi Trade in any case, this office has nothing to do with the Forex market, is not regulated by anyone and does not allow you to withdraw money. If you do not want to join the ranks of the abandoned traders, stay away from this scam as far as possible.