ANSWER We strongly suggest you drop the plan to engage with UBMCapital as it is an unlicensed broker warned by a financial regulator.The failure of UBMCapital to disclose its essential information such as company's name, addresses, and licensing data is a strong scam indicator. If any violation happens, investors are left vulnerable and helpless due to the lack of contact information and regulations. This is a red flag. Furthermore, the Comisión Nacional del Mercado de Valores (CNMV) has added UBMCapital to its warning list for providing investment services without authorization.In conclusion, UBMCapital is not a safe choice for investments. Without regulatory oversight, investors dealing with this platform are exposed to financial losses and identity theft, which could be financially and personally devastating. Therefore, we strongly suggest investors stay away from unlicensed brokers like UBMCapital and instead choose a fully regulated one.
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