Capital is an online trading brokerage allegedly offering its clients smart investments. However, if you dig a bit deeper through the website, you will notice a severe lack of crucial information about the owner and regulations.
Hence, we decided to expose everything in our detailed UBM Capital review. Keep on reading and learn how to recover your hard-earned money.
authorization.
UBM Capital is a mysterious trading company. Their legal documents don’t mention the official owner or the legal jurisdiction. Therefore, we had to check for the license through all Tier 1 registers. After researching the databases of the FCA, ASIC, BaFin, etc., we found nothing.
Furthermore, the trading details are not transparent, which further helps us conclude that this brokerage cannot be trusted. Regulated brokers must be open about leverage, fees, and other business terms.
Now that we’ve answered the most important question – is UBM Capital legit – let’s move on to how the scam is conducted. The brokerage places ads all over social media, including Instagram, Facebook, and even LinkedIn. They’re posing as genuine financial advisers who can help you achieve your financial goals.
Once you submit details, broker employees will immediately pressure you to invest. There will always be a perfect opportunity for someone like you, requiring a low initial deposit with the possibility to earn thousands of dollars overnight.
Of course, it’s all phony. Once you request a payout, UBM Capital support will suddenly be unavailable, and so will your trading account.
Where you reside doesn’t matter; you should always look for brokers with local regulations. That way, you can be sure to count on the assistance of the Financial Ombudsman and the local authorities.
UBM Capital login is done through a browser-based platform. The company advertises software compatible with all devices, including mobile phones, through a website. However, we encountered some issues once we wanted to test the system.
Namely, the company requires you to submit a message to their employees in order to start the account setup procedure. Therefore, you first need to talk to sales agents, be convinced to deposit, and only then see the platform.
This is why we always advise our readers to choose reputable brokers, as they mainly offer MT4, MT5, or cTrader along with a trial account.
In the Markets section, you can find four asset classes:
However, indices are not listed. Once again, we remind you there’s no risk-free Demo account or platform access. Therefore, we cannot confirm the said list. In addition, we know nothing about leverage, fees, and trading commissions.
UBM Capital doesn’t offer any kind of trading accounts. Not the risk-free ones and not the live ones. The FAQ section tells us that you need $200 to start trading. That’s all we know.
Legitimate brokers often offer different perks for upgrading your account, such as lower spreads or no commissions. Since we already know that UBM Capital is not a genuine Forex broker, we shouldn’t be surprised to see a lack of helpful features.
The brokerage listed two payment methods:
While this is quite limiting, it also leaves you with the possibility of recovering your money through the recall of a bank transfer or a chargeback of a card transaction. However, in order to do this, you have to prepare a detailed report for the authorities.
UBM Capital reviews indicate that getting your money back is not an easy task. If you contact the company and ask for your money, they will block your login access and claim that you lost all your money due to bad decisions.
If you or someone close to you has lost money as a result of the UBM Capital scam, let us know. Global Fraud Protection has chargeback experts who can help you prepare a detailed report for the relevant authorities.
We can assist you with collecting the necessary evidence and disputing the transaction. Book a free, non-obligatory consultation today, and let’s start the process before it’s too late.
What Is UBM Capital, and Should I Invest Money In It?
UBM Capital is an anonymous, unregulated trading broker. If you have withdrawal issues with this firm, we might be able to help you with fund recovery.
What Is the UBM Capital Minimum Deposit?
UBM Capital requires a minimum deposit of $200 to start trading on its platform.
Can I Trade Crypto and CFDs with UBM Capital Broker?
You can trade crypto and CFDs with UBM Capital broker, but we advise against it.
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UBM Capital is an anonymous, unregulated trading broker. If you have withdrawal issues with this firm, we might be able to help you with fund recovery.
UBM Capital requires a minimum deposit of $200 to start trading on its platform.
You can trade crypto and CFDs with UBM Capital broker, but we advise against it.
The post UBM Capital Review: Blacklisted Company Soliciting Investors appeared first on Global Fraud Protection.
