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ultratrend

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ANSWER Dear Investor, We strongly suggest you avoid using UltraTrend due to its unlicensed status. The broker claims to be registered in St. Lucia, an offshore center that provides lax supervision and doesn't licensing forex trading. Despite having an alleged office in the U.A.E., we haven't found any valid information to suggest that it is properly authorized or supervised there. Therefore, UltraTrend is neither licensed nor regulated. Therefore, UltraTrend is risky. It is wise to stick with brokers fully regulated by top-tier financial regulators. Stay away unregulated ones like UltraTrend.

Is UltraTrend a scam?

Dung

Hungary

2024-09-06

ANSWER Dear Investor,We are concerned that UltraTrend is a scam.UltraTrend claims to be registered in St. Lucia to appear legitimate. However, it is critical to note that the mere registration in the offshore center doesn't equate to a license or authorization from a financial regulator. UltraTrend doesn't provide any valid license to support its authenticity and legitimacy, indicating that it is not regulated at all.So we strongly suggest you avoid using UltraTrend due to its unlicensed status. To have a safer trading environment, it is recommended to choose fully regulated brokers instead.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.