A United States regulator warning has been issued against Unified Chase Ltd in September 2023
Unified Chase Ltd is a forex and CFD broker that claims to offer a wide range of trading instruments, competitive spreads, and fast execution. But is this broker trustworthy or just another scam? In this review, we will examine the features, regulations, and reputation of Unified Chase Ltd and help you decide if it is worth investing with them.
What is Unified Chase Ltd?
Unified Chase Ltd is a broker that was founded in 2019 and operates from St. Vincent and the Grenadines. The broker offers trading on various assets, such as forex, indices, commodities, stocks, and cryptocurrencies. The broker claims to have over 250,000 clients worldwide and to provide a secure and transparent trading environment.
However, there are some red flags that suggest that Unified Chase Ltd is not a reliable broker. First of all, the broker is not regulated by any reputable authority, such as the FCA, CySEC, or ASIC. This means that the broker does not have to comply with any rules regarding client protection, fund segregation, or dispute resolution. Moreover, the broker does not provide any information about its trading conditions, such as the minimum deposit, leverage, spreads, commissions, or withdrawal fees. This makes it hard to compare the broker with other competitors and to assess the risks involved in trading with them.
Another issue with Unified Chase Ltd is that the broker has received numerous complaints from clients who claim that they have been scammed by the broker. Some of the common complaints include:
- The broker does not process withdrawal requests or charges excessive fees for withdrawals.
- The broker manipulates the prices and executes trades against the clients’ interests.
- The broker uses aggressive and misleading marketing tactics to lure clients into depositing more money.
- The broker does not provide any customer support or ignores the clients’ queries and complaints.
Therefore, based on our research, we conclude that Unified Chase Ltd is not a legit broker but a scam that should be avoided at all costs. We advise you to look for a regulated and reputable broker that can offer you a fair and safe trading experience.
What to Do If You’ve Lost Money with Unified Chase Ltd?
If you have been scammed by Unified Chase Ltd or any other broker, you’ll want to seek assistance from cryptocointrace.com immediately. Our experts will consult with you and bolster your claim to help you get your money back. Cryptocointrace.com is a leader in recovering your funds and will help you retrieve your funds from a broker scam.