UBK Markets

Today you can only find out anything about the company through reviews or reviews of traders, since the UBK Markets official website does not work. Considering the bad reputation the project has earned since 2011, this is not surprising. Previously, the project organizers indicated that the broker is part of another company that develops trading software. This always sounded like a weighty argument, and traders willingly agreed to work on this site. It is also worth noting that the scammers tried to indicate the registration address, various contact details and even information about regulation from CySEC. Just don’t immediately believe in the veracity of this information. Very often, scammers register their projects in Cyprus (an offshore zone), and these scammers are no exception.

How to make money on UBK Markets is a question that interests any trader. The broker promises its clients to help them work in the Forex and ECN markets. Also, scammers focus clients’ attention on the possibility of creating their own business through a broker. This can be done within the framework of an affiliate program, the conditions of which can only be obtained from a representative of the office. But previously there was no evidence on the official website of the scam that such methods of earning money actually bring profit. Plus, you can wait more than one hour, or even a day, for the promised help from technical support (according to former clients). Therefore, there can be no talk of any acquisition of wealth here.

Before you start working, you need to create a personal account on UBK Markets. It’s impossible to find out what data you need to do this now, because the site is blocked. But previously, to do this, you had to provide all your personal data and email address. Also, the scammers demanded that copies of all the person’s documents be uploaded to their resource in order to easily and quickly undergo verification and withdraw profits in the future.

The fact that you can replenish your balance and withdraw profits in different ways is nothing more than manipulation from UBC Markets. Of course, money is credited to the balance instantly, but scammers very often block the user’s access to their funds almost immediately. Regarding the withdrawal of profits in your hands, our specialists were not able to find a single real review that would confirm this possibility. Next, we will tell you in more detail about the trading conditions, the scheme of work of the crooks and show you real reviews about the pseudo-broker.

Trading conditions and platform tools

UBK Markets offers all its victims to open one of the following account options:

• Classic. The minimum deposit is only $25. Financial instruments – currency pairs, or, in other words, Forex trading. It is recommended to be chosen by novice traders. The minimum transaction size is 0.01 lot. There can be no more than 100 pending orders, leverage 1:30.
• iPA-Manager. The account is intended for managing client capital. Here you can make money on trading signals, the commission is 1.6 points, the spread is dynamic (size is unknown), transactions are limited to 36 pieces.
• iPA-Investor. The minimum deposit is from $50, transactions are copied from the iPA-Manager account. The commission is the same as in the previous case, but the limit of created transactions increases to 200.

Trading takes place on the iPro Marketplace platform, which is the own development of these same deceivers. Outwardly, it is very reminiscent of the well-known MT4 platform, but it is impossible to trade from it – all transactions are rigged so that the trader loses his funds. The graphs here are drawn, which means they are also of no use.

Exposing the company: signs of fraud

Investing in UBK Markets is dangerous, and here’s why. Just because a broker says they have a license and official registration does not mean it is true. It was not possible to see copies of the documents or verify the accuracy of this data. It is also a known fact that employees of a false broker use various manipulations and enjoy the trust of their victims. Scammers are actively looking for clients on specialized forums and pushing their services. They find an approach to any person, find out details about his financial situation and offer very favorable conditions and assistance. And having received the money, they can immediately block access to the person’s personal account.

The client agreement, which the trader was previously asked to sign, was drawn up very competently. But it should be read several times to see what the catch is. The broker disclaims all responsibility for storing the client’s money and associates this with a high risk of working in the financial markets. That is, if something happens, it will be difficult for the trader to prove that he is right, because he himself signed and agreed to the proposed conditions.

If you are looking for a way to return money from the UBC Markets project, then our employees are ready to help you. To do this, you need to fill out the feedback form and wait for a call from our representative.