ANSWER Dear Investor,
We strongly advise against trusting Ultima, as Ultima raises several concerns that make trading with it extremely risky.
The company's website lacks disclosure about its regulatory status, which is a red flag. It employs investment packages that promise high returns, a tactic commonly associated with fraudulent schemes. Despite claiming to be based in the UK, there is no evidence of its registration with the Financial Conduct Authority (FCA). To advise investors to stay away from this unauthorized entity, the FCA has issued a warning about Ultima.
This combination of deceptive practices and regulatory shortcomings strongly indicates that Ultima is a scam. It is advisable to avoid engaging with this company to safeguard your investments.
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