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UBMCapital

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Operating status: SCAM

Website: https://www.ubmcapital.com/

Broker violations and abnormal records
  • 2023-06-11 The Spanish CNMV added UBMCapital to its warning list

    On June 12, 2023, the Comisión Nacional del Mercado de Valores (CNMV) added UBMCapital to its warning list for providing investment services without authorization: https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=0.

    On June 12, 2023, the Comisión Nacional del Mercado de Valores (CNMV) added UBMCapital to its warning list for providing investment services without authorization: https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=0.
  • 2023-06-12 BrokersView has reviewed that UBMCapital is an unregulated broker

    The failure of UBMCapital to disclose its essential information such as company's name, addresses, and licensing data is a strong scam indicator. Legitimate brokers always prominently display their accreditation and licenses to instill trust and transparency, whereas the lack of information thereof may suggest the status as an unlicensed broker. This is a red flag. Furthermore, the Comisión Nacional del Mercado de Valores (CNMV) has added UBMCapital to its warning list for providing investment services without authorization.

    In essence, UBMCapital is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

    The failure of UBMCapital to disclose its essential information such as company's name, addresses, and licensing data is a strong scam indicator. Legitimate brokers always prominently display their accreditation and licenses to instill trust and transparency, whereas the lack of information thereof may suggest the status as an unlicensed broker. This is a red flag. Furthermore, the Comisión Nacional del Mercado de Valores (CNMV) has added UBMCapital to its warning list for providing investment services without authorization.In essence, UBMCapital is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

Related Complaints

Q&A

Can I withdraw or deposit funds on holidays and on weekends when the market is closed?

JeZZ
Philippines
2023-08-09
ANSWER We strongly suggest you drop the plan to engage with UBMCapital as it is an unlicensed broker warned by a financial regulator.The failure of UBMCapital to disclose its essential information such as company's name, addresses, and licensing data is a strong scam indicator. If any violation happens, investors are left vulnerable and helpless due to the lack of contact information and regulations. This is a red flag. Furthermore, the Comisión Nacional del Mercado de Valores (CNMV) has added UBMCapital to its warning list for providing investment services without authorization.In conclusion, UBMCapital is not a safe choice for investments. Without regulatory oversight, investors dealing with this platform are exposed to financial losses and identity theft, which could be financially and personally devastating. Therefore, we strongly suggest investors stay away from unlicensed brokers like UBMCapital and instead choose a fully regulated one.
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