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UP MARKETS

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Operating status: SCAM

Website: https://up-markets.com/

Broker violations and abnormal records
  • 2024-02-25 The CNMV adds UP Markets to its warning list

    On February 26, 2024, the Comisión Nacional del Mercado de Valores (CNMV) added UP Markets to its warning list for providing investment services without authorization. https://www.cnmv.es/portal/resultadobusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=2

    On February 26, 2024, the Comisión Nacional del Mercado de Valores (CNMV) added UP Markets to its warning list for providing investment services without authorization. https://www.cnmv.es/portal/resultadobusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=2
  • 2024-03-04 BrokersView has reviewed that UP Markets is an unregulated broker

    UP Markets claims to be a reliable company without presenting any information about its regulation or contact. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated companies always present their accreditations and licenses in a prominent position. It is a red flag. 

    The Comisión Nacional del Mercado de Valores (CNMV) added UP Markets to its warning list for providing investment services without authorization. 

    The truth is that UP Markets 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.

    UP Markets is a scam.

    UP Markets claims to be a reliable company without presenting any information about its regulation or contact. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated companies always present their accreditations and licenses in a prominent position. It is a red flag. The Comisión Nacional del Mercado de Valores (CNMV) added UP Markets to its warning list for providing investment services without authorization. The truth is that UP Markets 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.UP Markets is a scam.

Related Complaints

Q&A

UP MARKETS is a newcomer-friendly broker?

Iftach Kambouris
Tuvalu
2024-03-07
ANSWER UP MARKETS, unfortunately, does not appear to be a trading platform suitable for beginners. It lacks regulatory oversight, which is crucial in providing necessary protections for investors. This absence of regulation could potentially expose users to fraudulent activities.The platform's website does not disclose any information about its regulatory status, which suggests it may not be under any regulatory supervision. Furthermore, the Comisión Nacional del Mercado de Valores (CNMV) has included UP MARKETS on its alert list for offering financial services without the necessary authorization.As a result, UP MARKETS does not seem to be a secure choice for investors. It is strongly advised for investors to avoid unlicensed platforms like UP MARKETS to safeguard themselves from potential fraud and identity theft. Instead, opting for fully regulated brokers is highly recommended.
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