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Ubuntu Invest Review: Is It Safe or Just Another Unregulated Forex Broker?
Ubuntu Invest Review: Is It Safe or Just Another Unregulated Forex Broker?

Operating status: SCAM

Website: https://www.ubuntuinvest.com/

Broker violations and abnormal records
  • 2022-10-30 BrokersView has Reviewed that Ubuntu Invest is an Unregulated Forex Broker

    Ubuntu Invest claims to be owned and operated by Ubuntu We Sizwe (Pty) Ltd, a registered financial service provider authorized and regulated by the South Africa Financial Services Conduct Authority (FSCA) under FSP 51420. However, when we searched in FSCA, we found the FSP number actually belongs to a company named "PIONEER INTERNATIONAL (PTY) LTD" instead of "Ubuntu We Sizwe (Pty) Ltd." The truth is, Ubuntu Invest may be a clone firm that falsely uses the regulatory information of a licensed company. Ubuntu Invest is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

    Ubuntu Invest claims to be owned and operated by Ubuntu We Sizwe (Pty) Ltd, a registered financial service provider authorized and regulated by the South Africa Financial Services Conduct Authority (FSCA) under FSP 51420. However, when we searched in FSCA, we found the FSP number actually belongs to a company named "PIONEER INTERNATIONAL (PTY) LTD" instead of "Ubuntu We Sizwe (Pty) Ltd." The truth is, Ubuntu Invest may be a clone firm that falsely uses the regulatory information of a licensed company. Ubuntu Invest is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

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