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UNITRADE MARKET

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Operating status: SCAM

Website: https://www.unitrademarket.com/

Broker violations and abnormal records
  • 2024-02-18 The UK FCA issued a warning against UNITRADE MARKET

    On 19 February 2024, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that UNITRADE MARKET was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/unitrade-market

    On 19 February 2024, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that UNITRADE MARKET was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/unitrade-market
  • 2024-02-27 BrokersView has Reviewed that UNITRADE MARKET is an Unregulated Broker

    UNITRADE MARKET claims to be a company incorporated in England and Wales under registered
    no. 14796205 and regulated by National Futures Association (NFA) under license no. 0556107.

    We searched the UK Company House and NFA and indeed found corresponding entires, but it is crucial to note that having registration with the CH does not mean being authorized to provide financial services, and UNITRADE MARKET is not an NFA member and thus not subject to the regulator's oversight. Its NFA ID is only for tracking purposes only.

    To operate as this type of broker in the UK, a company must be regulated by the United Kingdom Financial Conduct Authority (UK FCA), but UK FCA issued a warning that UNITRADE MARKET was providing finacial services or products without authorisation.

    The truth is that UNITRADE MARKET is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.

    UNITRADE MARKET is a scam.

    UNITRADE MARKET claims to be a company incorporated in England and Wales under registeredno. 14796205 and regulated by National Futures Association (NFA) under license no. 0556107.We searched the UK Company House and NFA and indeed found corresponding entires, but it is crucial to note that having registration with the CH does not mean being authorized to provide financial services, and UNITRADE MARKET is not an NFA member and thus not subject to the regulator's oversight. Its NFA ID is only for tracking purposes only.To operate as this type of broker in the UK, a company must be regulated by the United Kingdom Financial Conduct Authority (UK FCA), but UK FCA issued a warning that UNITRADE MARKET was providing finacial services or products without authorisation.The truth is that UNITRADE MARKET is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.UNITRADE MARKET is a scam.

Related Complaints

Q&A

I cannot open UNITRADE MARKET's website. Can you help me?

Andreas Saade
Thailand
2024-03-05
ANSWER The website of UNITRADE MARKET is currently accessible. However, you may encounter glitches when trying to access it, which could be a result of their unlicensed status and potentially fraudulent nature.Despite claiming to be registered in the UK, this company has failed to secure the necessary license from the Financial Conduct Authority (FCA) for its operations. This has led to a warning being issued by the FCA. Furthermore, the ID they claim to have from the National Futures Association (NFA) is merely for tracking purposes. They are not a member of the NFA and are therefore not subject to this authority's oversight.Given these circumstances, we strongly advise you to withdraw your funds from UNITRADE MARKET as soon as possible and cease any further dealings with them, no matter how enticing their offers may seem. To protect yourself from fraud and identity theft, we highly recommend avoiding unlicensed platforms like UNITRADE MARKET and opting for fully regulated ones instead.
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