Scam Broker Universal Forex Trades

Want to Trade with Universal Forex Trades? Read This First!

Some brokers just keep tooting their own horn. They make up stuff without the shame of being caught. Universal Forex Trades tells plenty of tall tales. It’s almost amusing. Their website boasts that Universal Forex Trades is a “big, fair, human broker.” It claims to have licenses from ASIC, IFSC, and CySEC. We checked with these websites and it doesn’t hold any of these licenses. 

Is Universal Forex Trades a Scam or Legitimate? 

In addition, Universal Forex Trades claims to have 2.5 million clients, which is impossible–or at least impossible to do ethically. It claims to have clients from 196 countries, but even its triple licenses don’t cover 196 countries. It’s impossible to see how a broker that is spread so thin can offer the personal attention it promises. There are many verified customers reviews that Universal Forex Trades encourages people to trade, shows fake gains, gets them to deposit more and then runs off with the money. 

We Found Problems with Universal Forex Trades: 

  • Not regulated
  • Fake claims about licensing
  • Very exaggerated claims 
  • Negative reviews
  • No transparency. 
  • No contact information

What You Should Do If You Have an Account with Universal Forex Trades? 

You should close your account immediately and demand a withdrawal. If you do not receive a withdrawal, contact CryptoCoinTrace experts. We consult with clients, advise them on claims and have the tools and methods to track down your funds. The sooner talk to us, the greater the chances of a successful claim!

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