Umarkets is a scam of honest traders. umarkets.biz real reviews about scammers
There are constantly emerging organizations providing Forex brokerage services. So that traders know who they can trust, our experts have prepared a review of Umarkets, which offers services in the UK.
Our experts have studied the official website umarkets.biz, information from official sources.
Umarkets.biz website - overview
umarkets.biz is an ordinary web site with a minimum of information. We are immediately given the opportunity to get acquainted with the tariff scale, register a personal account and “start earning”.
Contact information - phone number and specified address.
No information was found about the experience of providing services, existing permits and regulatory papers, algorithms for interacting with clients.
In addition, for the review of umarkets.biz, our staff analyzed the domain information. It turned out that the domain name was registered for less than a month.
More data can be read after registration.
Accordingly, it can be firmly stated that very little information is provided on the umarkets.biz website, which accordingly gives rise to concerns.
Browse umarkets.biz - specified company address
Having checked the indicated address, published on the official website umarkets.biz, our experts found a significant number of publications about illegal operations, also related to fraud in the Forex financial market.
Our employees did not find confirmation that the official company is located at the specified address with umarkets.biz.
In addition, it is alarming that the legal address of Umarkets is not in the UK, where the organization operates, but in another state.
Umarkets.biz overview - phone
After analyzing the phone, our employees found information about its use in illegal activities. Previously, the phone number was also used by scammers pretending to be online Forex brokers.
Umarkets review - online mentions
An essential component of the Umarkets review is the analysis of online reviews. On the website umarkets.biz, our experts found a small number of similar, paid reviews with fake photos and invented names.
In the search engines, the results showed our employees a lot of negative mentions and reviews of Umarkets.
Mostly, users write about the impossibility of returning funds, the poor performance of the software, the repulsive behavior of managers.
Therefore, judging by the mentions in the network, Umarkets are scammers.
Bonuses for creating an account from Umarkets
Basically, newly formed firms selling Forex services give newly registered traders signup bonuses. Most often, these are some kind of pleasing gifts, namely the recommendations of analysts. However, on the Umarkets website and in advertising, we found information about bonuses in the amount of the deposit. You need to understand that this is money that the broker provides to clients 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 period for receiving income from the client is delayed, at significant costs.
In principle, one can conclude that the reason is the extraordinary kindness of Umarkets, but in fact everything is much simpler. Deposits are not withdrawn outside the system, since all Umarkets activities are fraud.
Account types for umarkets.biz
It is possible to find several types of accounts on the official website umarkets.biz, which differ not only in trading features, but also in the size of the minimum deposits. This is a standard technique for motivating people to invest more, buy a more expensive type of account.
You can be promised personal advice from experts, guaranteed profitable deals, and access to insider information. However, all this is a manipulation used only to extract money.
You need to know that no matter how many deposits you invest, they will go to scammers, since Umarkets are criminals.
Leverage is a common tool for making money on the Forex market, which allows you to trade for an amount significantly more than the client has. The missing funds are borrowed from an Internet broker. Organizations that offer their clients the opportunity to trade with significant leverage are at great risk, and therefore provide this option only to experienced players. But umarkets.biz are criminals, therefore they use leverage to drive their people into loans and seek repayment of a fake loan.
Return on investment
Users start working in the Forex financial market in order to earn income. Of course, this is not possible without the possibility of withdrawing funds. So the question arises: "does umarkets.biz have a deadline for receiving money"? On the site, our employees found information that the withdrawal of investments is made without delay and without commissions. In fact, even reputable, official brokers do not always offer such working conditions. What's the catch?
The fact is that umarkets.biz are scammers and do not plan to give users the opportunity to receive funds. Therefore, they are ready to promise attractive working conditions. But all their promises are lies.
Reviews appeared before umarkets.biz created the site
As our experts have already reported above, the Umarkets website exists for less than 30 days. And yet, on well-known resources, you can find reviews three months ago.
Most likely, umarkets.biz employees, before starting the scam, paid for customized reviews on well-known portals, so that people would get the impression that the company has been operating for many months.
Part of mentions about umarkets.biz:
- Where did you find free cheese? They are full-fledged scammers, umarkets.biz guarantee a full income and excellent conditions, but in the end you will be deceived and then lost with money.
- Have you delved into the umarkets.biz license? If you start to study their history, it will become clear that umarkets.biz are bandits. Do not count on working with Umarkets.
- Saw how it is possible to check the legitimacy of their umarkets.biz activities in the Forex financial market. They forced me to cooperate on incomparable conditions, and I was a little worried until I found a message, I'm sure I don't want to contact umarkets.biz.
Umarkets review - test period
On the umarkets.biz site, there is no trial access to software that allows you to evaluate the quality of services.
Umarkets employees want the client to immediately give them personal information and make the minimum payment.
Umarkets overview - financial withdrawal
From a formal point of view, the withdrawal of a user's investment is carried out using a form on the official website of umarkets.biz. It is doubtful that any visitor can use it, without a personal account. Accordingly, the application will be considered manually, which is unrealistic with a significant number of clients.
Our experts have come to the conclusion that this form is only intended to demonstrate to potential victims that it is possible to withdraw money, but in fact it is not.
You can check out the full list of brokers to bypass.