Scammer umarkets.biz, honest reviews about Umarkets
Paul Roberts
16 / June / 22
Visitors: 243
Regularly there are companies selling intermediary services in the Forex financial market. In order for you to know who you can trust, our experts have reviewed Umarkets operating in the UK.
Our specialists analyzed the umarkets.biz website, information from official data sources.
Umarkets.biz website - overview
umarkets.biz - an ordinary official site with a minimum amount of information. A potential client is immediately given the opportunity to get acquainted with the tariffs, register and “start earning”.
Contact information - phone number and address.
No information was found about work experience, valid permits and certified papers, algorithms for interacting with traders.
In addition, for the review of umarkets.biz, our experts checked the information about the domain name. It turned out that the domain name was registered for less than a month.
More information can be found in your personal account.
Accordingly, we can safely say that too little information has been published on the official website umarkets.biz, which of course creates concerns.
Umarkets overview - brand address
After checking the address indicated on the umarkets.biz website, our experts found a significant number of publications about illegal fraud related to fraud in the Forex financial market.
Our specialists did not find evidence that a legal company was registered at the legal address on umarkets.biz.
It is also suspicious that the indicated address of Umarkets is located not in the UK, where the brand operates, but in another country.
Umarkets overview - phone number
After examining the phone number, we found information about its use in fraudulent schemes. Previously, the phone was also used by scammers trying to pose as brokers in the Forex financial market.
Umarkets review - reviews
An extremely important component of the umarkets.biz review is the analysis of references in the network. On the umarkets.biz website, we found a number of formulaic, false reviews with fake photos and non-existent names.
In the search engines, the results showed our staff a significant number of negative mentions and reviews of umarkets.biz.
Most often, clients talk about the inability to receive their money, the strange work of the software, the boorish behavior of the administration.
Accordingly, if you look at the mentions on the Internet, Umarkets are scammers.
Gifts for registration from Umarkets
Usually, newly formed organizations selling services in the financial Forex market offer newly registered users bonuses for creating an account. Basically, these are some positive little things, such as recommendations from experienced analysts. And yet, on the official website of Umarkets and in advertising, we found information about bonuses in the amount of the initial deposit. You need to understand that these are deposits that an Internet broker provides traders for trading in the Forex financial market, and not some tokens that do not go beyond the system.
This is very suspicious because with such bonuses, the time for making a profit from a trader is stretched, with significant costs.
It can be assumed that the reason is the extraordinary generosity of Umarkets, but in fact everything is much simpler. Funds are not withdrawn outside the system, since all the work of Umarkets is a scam.
Account types for umarkets.biz
On the Umarkets website, you can actually find many types of accounts that differ not only in trading features, but also in the size of the minimum deposits. This is a common technique for pushing clients to make more investments, to get a more expensive type of account.
Clients can be offered individual assistance from specialists, break-even trading, access to insider information. However, all this is a lie, necessary only to extract money.
It should be remembered that no matter how much investment you invest, they will go to scammers, as umarkets.biz are scammers.
Leverage
Leverage is a common Forex trading tool, which makes it possible to conclude transactions for an amount greater than the client has. The missing deposits are dealt with by an Internet broker. Companies that provide their users with the opportunity to make transactions with high leverage take a big risk, because of this they give this option only to experienced players. But umarkets.biz are scammers, so they use leverage to drive their people into negative territory and seek payment for a fake loan.
Time to refund
Traders trade in the Forex financial market to make a profit. Of course, this is impossible without receiving money. So the question arises: "does Umarkets have terms for withdrawing deposits"? On the website, our experts found references to the fact that the withdrawal of money is carried out instantly and without commissions. In fact, even serious, registered Internet brokers do not always provide such working conditions. What's the catch?
The fact is that umarkets.biz are scammers and are not going to give traders the opportunity to withdraw money. Therefore, umarkets.biz will promise the best conditions. But all their suggestions are empty words.
Reviews pre-date them
As we said earlier, the official website umarkets.biz has been registered for less than a month. And yet, on popular resources, you can find reviews two months ago.
Most likely, before launching the scam, Umarkets employees paid for fake reviews on popular portals so that people would get the impression that the organization had been operating for many months.
Some reviews about umarkets.biz:
- When did you see free cheese? umarkets.biz are definitely swindlers who promise good income and excellent conditions, but in the end you will be swindled and lost with your deposits.
- Have you checked Umarkets documents? If you start to study their history, it will become clear that Umarkets are bandits. Do not expect to contact them.
- I studied where to really see the legitimacy of their umarkets.biz activities in the Forex financial market. They crammed partnerships into me on great terms and I was insanely wary until I saw the stories, definitely not going to contact umarkets.biz.
- I spent 200 € here, it seems to be bullshit, but, in any case, a nasty aftertaste. For some, this is money, my advice to you is do not cooperate with the Umarkets broker.
- Right after gaining access, I realized that the service is fictitious, numerous required elements are visually absent in the account. Beginners are easier to fool, only I have been a non-inexperienced user for many years.
- Most recently, I asked to withdraw dollars to a personal account, leaving 550 dollars for further work. I applied for a money transfer, but they contacted me and gave me advice not to transfer money, but rather to invest even more, because just today there will be an opportunity to earn serious money. I refused and my investment was frozen.
Umarkets review - demo period
On the official website of umarkets.biz there is no trial access to software that allows you to understand the quality of paid services.
Umarkets employees want the trader to immediately give them personal data and pay at least the minimum payment.
Umarkets overview - withdrawal of investments
In theory, the withdrawal of client funds is carried out using a form on the Umarkets website. It is alarming that a visitor can use it without a registered account. Accordingly, the application will be checked manually, which is unrealistic with a serious number of users.
Our staff concluded that this form is only intended to show potential victims that it is possible to withdraw funds, but in fact this will not work.
We have compiled a complete Bad Reputation Brokers.
Paul Roberts
Paul Roberts 51 years old Born in Edinburgh. Married. Studied at University of Oxford, Department of Public Policy and Social Work. Graduated in 1997. Works at Standard Life Aberdeen plc.
