Is Universe Markets FX a Legitimate Deal, or Is It A Scam?

It is the most important thing to know before using a broker. Is Universe Markets FX regulated? Are you a foreign company?

Most brokers are neither supervised nor supervised by offshore regulators and cannot help you if there is a problem. If your broker has stolen your money, you cannot file a complaint about the funds unless you are cleared by a strict regulator such as:

•          Cyprus Securities and Exchange Commission (CySEC)

•          Financial Behavior Monitoring Organization (FCA)

•          Australian Securities and Investment Commission (ASIC)

Unregulated brokers certainly never invest any money because they cannot do business in a regulated country.

The structure of online transactional fraud

A common strategy used by scammers will make you feel like you are making money quickly and easily by showing some profitable trades on your account first. Then they can earn your trust.

Their next step is usually to ask them to invest more money from you or invite friends and family to invest in getting the most out of you on Universe Markets Fx.

When you feel that they cannot invest in scams, they will suspend your account, and you may no longer contact them.

Please do not fall into their trap.