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Upscaleminers

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Operating status: SCAM

Website: https://www.upscaleminers.com/

Broker violations and abnormal records
  • 2024-01-03 BrokersView has Reviewed that Upscaleminers is an Unregulated Broker

    Upscaleminers claims to be registered under the UK Companies House (CH). We searched by the company number 11733993 but found a mismatch for one company BASE BITS LIMITED which had a different company name and registered office address than Upscaleminers, when we searched by company name Upscaleminers there were no results.

    It is crucial to note that having registration with the CH does not mean being authorized to provide financial services. 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 our search for Upscaleminers in the FCA register didn't yield any results.

    The truth is that Upscaleminers 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.

    Upscaleminers is a scam.

    Upscaleminers claims to be registered under the UK Companies House (CH). We searched by the company number 11733993 but found a mismatch for one company BASE BITS LIMITED which had a different company name and registered office address than Upscaleminers, when we searched by company name Upscaleminers there were no results.It is crucial to note that having registration with the CH does not mean being authorized to provide financial services. 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 our search for Upscaleminers in the FCA register didn't yield any results.The truth is that Upscaleminers 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.Upscaleminers is a scam.

Related Complaints

Q&A

I want to know about Upscaleminers' licenses please.

Robert Jung
Suriname
2024-01-15
ANSWER Upscaleminers doesn't possess any licenses to operate as a trading platform.Upscaleminers alleges to be registered with the UK Companies House (CH). However, the CH number it provides is linked to a company name, BASE BITS LIMITED. These two entities appear to have no affiliation. It's crucial to note that the CH registration doesn't equate to authorization for financial services. In the UK, such financial companies must be regulated by the Financial Conduct Authority (FCA), but Upscaleminers wasn't found in the FCA register.Upscaleminers, being an unlicensed trading platform, poses significant risks of fraud and identity theft. To have a safer trading experience, it is advised to steer clear of unlicensed platforms like Upscaleminers and instead choose fully regulated ones with robust reputations.
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3 comments

Isabella Guerrero
it's not about needing another investment. Imagine being paid weekly and rest assured that your investment is growing day by day.Upscaleminers is reliable, with access.
2024-01-20
2
Reply
Fabienne Schäfer
Upscaleminers is one of the best brokerage companies. It's fast, easy to use, and has low fees. However, the customer support is better. No hard time understanding an answer when I had a question about my account. Overall, I would recommend upscaleminers to anyone looking for a profitable ROI crypto platform."
2024-01-20
1
Reply
James Inglewood.
Withdrawal successful but there's no fee for withdrawal, wow,. Happy here 🍷😀
2024-01-20
1
Reply
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