✔️ Information reviewed and updated in April 2024 by Pedro Martínez González

Reviews of Umarkets
Reviews of Umarkets

Analysis on Umarkets

➡️ In this section we will analyze umarkets (also called with the name: umarkets.com), It's about a Forex, Cryptocurrency and CFD broker. Is Umarkets really recommended to make an investment? Is it better not to invest with this company? Is it a safe broker? Is a gotcha? We will help you determine it.

Now, you can find the following: opinions about Umarkets ✅, claims, complaints, experiences, analysis of the most important characteristics of this company (updated 2022), and most importantly: Is Umarkets a secure site? ⛔ Can we trust this company? ✅ Will we be able to withdraw our money? All this and more in this review about this investment company.

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️️ Essential information: Who does it belong to? Where is located? Is it a regulated broker?

  • Umarkets mentions being part of Maxi Services (Belize) Ltd.
  • Regarding your location, the company is based in Belize according to the website, although there is no valid information to corroborate this, we believe that it is a false data.
  • If we analyze your security, we note that Umarkets mentions the regulation of IFSCHowever, this broker does not appear in the records of the aforementioned body.

ATTENTION: Umarkets is a broker NOT REGULATED.

📌 Remember: the best option (and the safest) are the regulated brokers, as they must meet very strict requirements. Working with an unregulated broker is very risky. 📌

 

Account types | Investment platform

 

Now we go on to analyze the types of account offered by UmarketsIn this case, we observe that it offers 4 different types of account:

  • Account Mini: minimum initial deposit $500.
  • Account Standard: minimum initial deposit $10.000.
  • Account Gold: minimum initial deposit $10.000.
  • Account Platinum: minimum initial deposit $35.000.

La platform to operate that Umarkets uses is: MetaTrader 4.

 

Resources | Website

 

Here we will examine the different resources and aids for the trader that Umarkets provides on its website. We believe that the resources and help provided on the website can be a great advantage for the broker.

Umarkets website
Umarkets website

Umarkets provides the following help or resources to traders or interested parties: an explanation of the services it offers. They also have an educational center, where they explain different concepts for trading, what should be noted is that part of the videos of the educational center are blocked, and it is necessary to register to access them.

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Another insights about umarkets

 

🔻 We will leave you some more information in case you want to contact the company, or see its website for yourself. 🔻

Maybe you wonder why we review umarkets. We make this review and assessment, because we receive different messages and comments asking for the reliability of the company in question. We like to think that our reviews page help investors, providing key information about the company, we disclose information that every investor should know before you are inclined or not, by investing with a company of investment.

You're a representative of this company? We recommend you leave a comment responding to customer concerns.

Valuation on umarkets

Ending this section, in our opinion: do we believe that the Umarkets company is reliable? Should you invest your money with the company? Are they a recommended company? ⭐ 2022 analysis

❌ After having examined it, we advise you to exercise caution, since it is an illegal company, clearly established to take money from people through tricks and traps. It is not very transparent, since it does not offer legal information, it does not show data about its registration and it also lacks regulation (unregulated company). ❌


A pocas palabras: doesn't seem like a good idea we suggest to be careful.

ATTENTION!: in June of 2020 CNMV added to Umarkets to your list fraudulent financial companies, for acting without authorization. WE SUGGEST EXTREME CAUTION

➡️ Link to the ⚠️ June 2020 warning from CNMV

ATTENTION!: in October of 2020 FCA added to Umarkets to your list fraudulent financial companies, for acting without authorization. WE SUGGEST EXTREME CAUTION

➡️ Link to ⚠️ October 2020 warning from FCA

ATTENTION!: in November 2020 MFSA added to Umarkets to your list fraudulent financial companies, for acting without authorization. WE SUGGEST EXTREME CAUTION

➡️ Link to the ⚠️ warning of November 2020 of MFSA

ATTENTION!: in November 2020 ASICs added to Umarkets to your list fraudulent financial companies, for acting without authorization. WE SUGGEST EXTREME CAUTION

ATTENTION!: in December of 2020 CNMV added to Umarkets to your list fraudulent financial companies, for acting without authorization. WE SUGGEST EXTREME CAUTION

➡️ Link to the ⚠️ warning of December 2020 of CNMV


Our advice: we always recommend working only with duly regulated companies, Isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest? Why invest with an unregulated or poorly regulated broker, when you can invest with a broker regulated by a serious regulator?

📌 Don't forget: one of the few measures that assure customers' money is the broker regulationIn other words, it is probably the most important feature of any broker; HAVE GOOD REGULATION. Good regulation means that there is a authority to which, in case of misunderstandings or problems, customers can file a complaint. 📌

What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, too leave a comment on our website with your experience with this broker.

 

🔻🔻 We leave a vote open so that traders, clients and users of the broker can vote. 🔻🔻

 

[democracy id = ”14 ″]

 

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

180 comments on «Umarkets: Rating and Comments»

  1. Pablo Reply

    Hello!!!! I'm Pablo again, for the person who asked me if I have emails, names, phone numbers, screen photos, and also a table with the number of operations (millions of lots) to offset the bonuses that UMARKETS put in my account so that burn; consequence of the terrible webinars that give with very bad information and BAD INTENTIONS. "If I have all the information to show." I will not rest until this one on all social networks, and I plan to complement it with a tutorial on YouTube.

    • Recommended-brokers.com Reply

      Hello Pablo, thanks for writing, our users will be very grateful if you write that information so that these scammers do not receive more money from new victims, the more detailed your explanation is, the better to save customers who are active and thus do not increase Your investment, as well as those you are convincing to enter as new customers, can save many.

      Greetings.

  2. Pablo Reply

    Hello!!!!!…My name is Pablo, I share all the comments of each one of the victims reached by these scammers, I had the same unpleasant experience.!!!!, with its consequences, which to this day I still pay. Investing in the first place some irresponsible for supplying private data of its users to brokers that appear as fraudulent, and with such bad comments. I have all the documentation to supply and demonstrate that IT IS NOT JUST A STORY, in addition to its commissions, which are a steal (I have a screen print for you to see). The order in names of these scammers is 1st contact Sara Alvarez (Account Executive, George Martins (my manager), Daniel Palermo (the substitute), Gabriel Jimenez who poses as Executive of the Account Recovery Sector. Do not invest with These scammers. This happened to me between November 2019 and July 2021. I also have a table sent by Daniel Palermo, in which he asks me how he should compensate with millions of operations the bonuses that they had granted me to save the account (available to whom request). I feel cheated because I never over-operated the account, what's more, I always did what they indicated in the webinars, they never told me how to reverse the situation, quite the opposite. The story is long and I don't want to bore you. If anyone wants to know more of my story you can count on me to avoid being scammed. We can contact each other by this same means. DO NOT TRUST UMARKETS. THEY ARE TRAINED TO SELL SMOKE, THE ONLY THING THEY KNOW HOW TO DO. I WILL INSIST ON SOCIAL NETWORKS. THIS IS GOING TO BE ONE OF THE MANY PURPOSES OF MY LIFE, TO MAKE SURE OTHER PEOPLE ARE NOT SCAMMED BY UMARKETS.

    • Recommended-brokers.com Reply

      Hi Pablo, a broker like this will always keep your money. Thanks for sharing your experience with Umarkets, this broker is a SCAM. Attention: in June 2020 CNMV added Umarkets to its list of fraudulent financial companies, for acting without authorization and many clients have commented that they have not been able to withdraw their capital. (see CNMV link)

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

  3. John Reply

    Today happened to me what happened to many around here, a month ago looking for free financial education, I signed up for a webinar at umarkets, a few days later a certain Juan Bautista started calling me, +56225708782, [email protected] So that I could sign up for another webinar where they talked about why pfizer was the investment of the moment, the truth is, their webinar was very bad because of the poor information they provided, so much so that I didn't even finish watching it. It took several days until today he called me back, falling in love with the fact that the non-agricultural payroll (NFP) would have an increase in the next 3 days and that therefore that would be good for the US economy and that therefore the dollar would revalue , encouraging me to have the account in umarkets and fund it with 500 USD and that he would grant me a 100% bonus, in a very kind and patient way he directed me to make the payment, but when I was about to confirm the payment my vinyl antennas They detected the presence of the enemy, I told him that I want to verify the company to be totally sure and calm to make a correct investment with the correct people and company, I happened to a certain Paola, Argentina too, who did not stop talking and insisting with That fund even if it is with the minimum that is nothing, 500 USD. I said the same to him and I agreed to call me in a couple of hours, in that couple of hours I find all these comments and of course I did not answer him. They are professional coaxers. great care! do not be fooled!

    • Recommended-brokers.com Reply

      Hi John, a broker like this will always keep your money. Thanks for sharing your experience with Umarkets, this broker is a SCAM. Attention: in June 2020 CNMV added Umarkets to its list of fraudulent financial companies, for acting without authorization and many clients have commented that they have not managed to withdraw their capital. (see CNMV link)

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

  4. Roman gutierrez Reply

    At first everything is fine until they start to ask you for money insistently and later when you ask for a withdrawal all are excuses… SCAM !!

    • Recommended-brokers.com Reply

      Hi Roman, a broker like this will always keep your money. Thanks for sharing your experience with Umarkets, this broker is a SCAM. Attention: in June 2020 CNMV added Umarkets to its list of fraudulent financial companies, for acting without authorization and many clients have commented that they have not managed to withdraw their capital. (see CNMV link)

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

  5. Raul Reply

    good afternoon. In my case, a person was contacted, kindly explaining how they work. I told him that I needed more time to research the investment. A week later he spoke again and I told him that I am not interested, because I needed more information. He claims that if I gave my data I should already be informed, so I decide to say that I am not interested. They call every day from different lines and the last one answered and it was a woman who contacted me, claiming that why I denied the calls, I repeat that I am not interested and threatens “my data is in their system and they will continue calling until see who gets tired.
    these are your tel in case you want to block them

    52541159843773
    5256232101563
    52541159843767
    523271160082

    • Recommended Brokers Reply

      Hi Raul, a broker like this will always keep your money. Thanks for sharing your experience with Umarkets, this broker is a SCAM. Attention: in June 2020 CNMV added Umarkets to its list of fraudulent financial companies, for acting without authorization and many clients have commented that they have not managed to withdraw their capital. (see CNMV link)
      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      regards

      • Brayan bustillo

        The truth is that I have had a VERY BAD experience with them.
        It turns out that they do not allow me to make direct withdrawals, it has to be through an advisor that they put you in from the beginning, and that advisor is the most arrogant and rude there is.
        In addition to that, they gave me a welcome bonus and as soon as you lose it for whatever reason, you can't touch your deposit amount, because you owe them the bonus you lost.
        In any case, it seems to me a bad service from the advisor, lack of information, and Umarkets has a whole system set up to empower the advisors, that is, if they want to, they make any matter with the company difficult for you and only they are the ones who are there. authorized to help you.

        The truth has been the worst investment I have ever made, the worst Broker, Scammers

      • Recommended Brokers

        Hi Brayan, a broker like this will always keep your money. Thanks for sharing your experience with Umarkets, this broker is a SCAM. Attention: in June 2020 CNMV added Umarkets to its list of fraudulent financial companies, for acting without authorization and many clients have commented that they have not managed to withdraw their capital. (see CNMV link)

        If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

        Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

        To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

        Greetings.

  6. Oscar Steven Mayorga Villarraga Reply

    UMarkets is the worst broker that can exist, I am a cybersecurity engineer who invests with several friends in a private fund, I requested information and my name is a certain Lucia Lopez, telling me that it was a regulated broker in londes and that it was the best of the European market .

    Using my cybersecurity skills and some members of my company Seguridadinformatica .com.co, we discovered that it is actually a company with less than 3 years registered and in some domains they use to send mass emails and services in English LESS THAN ONE YEAR (Creation Date: 2020-08-15T12: 38: 36 umarkets.ai)

    Do not be fooled by anyone to invest your money, they are not accountants or economists, they are a herd of failures in search of the money of the unwary to be able to pay their own salaries, and when you say outright no, they fill you with insults and mistreatment.

    THE WORST OF THE MARKET, ALSO THEY HAVE NO IDEA BETWEEN THE DIFFERENCE OF A SHARE AND A CFD FOR THEM ARE THE SAME.

    • Recommended Brokers Reply

      Hello Oscar, try to reverse the payments, they are a FRAUD, a broker like this will always keep your money. Thank you for sharing your experience with Umarkets, we will update the information, this broker is a SCAM. Attention: in June 2020 CNMV added Umarkets to its list of fraudulent financial companies, for acting without authorization and many clients have commented that they have not managed to withdraw their capital. (see CNMV link)
      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      regards

  7. María Reply

    Hello, they are really scammers that at the beginning they promise you wonders and that's how it was, deposit 500 usd with a 100% bonus. 1000 dollars that was more than 3000 after 15 days, but I ask for a withdrawal of funds and they tell me only 50 usd because I have a bonus. Do not fall for the bonuses, they are only ways to get your attention but they are obstacles and ask to do X amounts of operations of 1 lot that is impossible. The withdrawal was quick but it was not worth making more profit and withdrawing only 50 usd per month. In the end the account began to fall into negative and losses. They make you sign a document where the investment expert can open operations and in the end those same operations were going to negative in the account and in losses. In the end he was left with 317 dollars and I called for withdrawal and they say NO because that money that remains is theirs and I have to invest more if I want to make a profit for myself. THEY ARE A VILE SCAM. DO NOT FALL !!!

    • Recommended Brokers Reply

      Hi Maria, that's right, they are a FRAUD, a broker like this will always keep your money. Thank you for sharing your experience with Umarkets, we will update the information, this broker is a SCAM. Attention: in June 2020 CNMV added Umarkets to its list of fraudulent financial companies, for acting without authorization and many clients have commented that they have not managed to withdraw their capital. (see CNMV link)
      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      regards

  8. ANONIMO Reply

    Today May 26, 2021, a Spanish woman contacted me at my cell phone number in Colombia, offering me a webinar program, training, trading plan, and other benefits of Umarkets, painting me the best investment in life. They even registered me on a platform and asked me for a funding of 500 USD, which apparently they were going to double me and be able to invest. My first doubt came when I asked him for more time to make the decision and he began to insist on taking advantage of the benefit for only one day. The truth was I was tempted and agreed to make the due by credit card. Innocently and stupidly, I entered my card details to make the deposit. Fortunately, my bank blocked the transaction as suspicious and I immediately received a call from my bank asking me if I was doing that operation, since it appeared to them that it was a transfer to a trade page in China ... I immediately blocked my card so that they would not go to me. scam… A few minutes later the Spanish call me insisting on the transfer and pressuring me, even to the point of telling me that I had no idea of ​​investments and that I would not waste her time….
    Conclusion, they are a vile facade of statesmen who use language and social psychology very well to make one fall.
    BE VERY CAREFUL WHERE THE DATA IS INVESTED OR TO WHOM THE DATA IS GIVEN

    • Recommended Brokers Reply

      Hello ANONYMOUS, they are a FRAUD, a broker like this will always keep your money. Thank you for sharing your experience with Umarkets, we will update the information, this broker is a SCAM. Attention: in June 2020 CNMV added Umarkets to its list of fraudulent financial companies, for acting without authorization and many clients have commented that they have not managed to withdraw their capital. (see CNMV link)
      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      regards

      • reiniero

        Hello good, stupidly I fell for this scam, I have only deposited 250 usd, and they have already been calling me for about 3 or 4 months to deposit the rest, but since I have already seen many opinions about this broker, it does not give me the security that they will return the 500 immediately. They say that by depositing the rest they can help me with this, but I don't know. I am in that unruffled, by chance someone knows about this, to find out if there is a possibility of recovering my 250 usd. Thanks in advance.

      • Recommended Brokers

        Hello Reiniero, try to reverse the payments, they are a FRAUD, a broker like this will always keep your money. Thank you for sharing your experience with Umarkets, we will update the information, this broker is a SCAM. Attention: in June 2020 CNMV added Umarkets to its list of fraudulent financial companies, for acting without authorization and many clients have commented that they have not managed to withdraw their capital. (see CNMV link)
        If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

        Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

        To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

        regards

      • Felipe

        The same thing they said happened to me, they called me and asked me how much money I had, they practically forced me to leave my job to invest with them, trying to say that I did not know anything about investments and that they assured me that I would earn 150 USD investing only 500 USD, when I told them that no matter how hard I insisted, I would say NO, they cut me off.

  9. Victor Reply

    Thanks for the info ... they called me and wanted to open the account now, thank goodness I said that I was going to investigate and know more about the subject since I have no experience and that they will call me tomorrow ... obviously I will reject after seeing various information and these comments, Thanks

    • Recommended Brokers Reply

      Hello Victor, we are glad to have been of help.

      Greetings.

    • Roberto Reply

      that company are thieves, they last a month calling one and they paint the sky. but in reality they are going to steal. I say this from experience.

      • Recommended Brokers

        Hello Roberto, a broker like this will always keep your money. Thank you for sharing your experience with Umarkets, we will update the information, this broker is a SCAM. Attention: in June 2020 CNMV added Umarkets to its list of fraudulent financial companies, for acting without authorization and many clients have commented that they have not managed to withdraw their capital. (see CNMV link)
        If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

        Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

        To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

        regards

  10. Enzo Reply

    Good morning I was looking to get my money back and I decided to try mychargeback services even though I did not trust them much, in fact I did not trust anyone, but I can tell you that everything is true and if they helped me to recover the capital that umarkets had left, I really recommend it

    • Recommended Brokers Reply

      Hello Enzo, Great !!!, Thank you very much for warning, we are very happy that you have achieved it, now be careful if you invest again, check the brokers before trusting one, here we have almost all of them.

      For others who want to get their money back, they should try talking to our chat or click on this link:
      https://brokersrecomendados.com/reclama-tu-dinero-te-ayudamos/

      If you want to see our ranking of the recommended brokers 2021 click HERE

      Greetings and good luck.

      • Xavi

        Today June 17, 2021 they contacted me they say that if I give a deposit of 500 dollars they will give me a demo account of 500 dollars in which I can generate money and when I want what I earn in the demo account I can spend all the money to the real account , I really did not believe, what to call with all this I will reject, thanks to the administrator of this portal that helps unmask these scammers, best regards.

      • Recommended Brokers

        Hello Xavy, thank you very much for writing, we are happy to know that we have been able to help you, we like our work and we want to end these scammers.

        Greetings.

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