In this section we will analyze the broker United BTC Bank (also called unitedbtcbank.com), is a Cryptocurrency broker. Is United BTC Bank really recommended for making an investment? Or is it better not to invest with this company? Is it a safe broker? Is a gotcha? We will help you determine it.
You might be wondering why we did a review on United BTC Bank. It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, by providing key information about the company, we disclose information that every investor should know before leaning or not, for Invest with an investment company.
We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
The broker mentions being part of: UnitedBTCbank, NA.
As to its location, the broker mentions being based in: Mauricio.
If we analyze the regulation of the broker: they do not mention anything about being a regulated company, which makes us think that it is an unregulated broker.
If now we go on to analyze account types offered by United BTC Bank, we note that they do not really provide information about owning different types of account or plans.
HR platforms to operate that United BTC Bank offers are: United BTC Bank's own platform.
We will now analyze the different resources and aids for traders that United BTC Bank provides on its website. We believe that the resources and help provided on the website can be a point in favor of the broker.
United BTC Bank provides the following help or resources to traders or interested parties: explanation of United BTC Bank financial products, explanation of basic concepts about the world of investments, really not much more than this.
| Other information about United BTC Bank |
Some more information in case you want to contact the company, or see its website for yourself.
Phone number: +23058690036, +5078321529 and +5078321501
Email address: [email protected] and unitedbtcbank.Info (Skype)
>>> Assessment on United BTC Bank <<
Ending with this section, in our opinion Do we think United BTC Bank company is trustworthy? Should you invest your money with the company?
The truth is that, we believe that it is better to be careful because: it is an unregulated broker, it is based in unsafe countries like Mauritius, it does not mention which company it belongs to, when looking for other reviews about United BTC Bank we could not find any, what which makes us think that it is a new company. We suggest using caution.
We always recommend working only with properly 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?
Update February 2020: Based on customer feedback, United BTC Bank appears to be related to the Black Core broker, a broker with a very bad reputation.
March 2020 update: the CNMV, the Spanish financial regulator, has issued a warning against United BTC Bank.
You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain.
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, you can also leave a comment on our website with your experience if you are a client of the broker.
We leave a vote open so that traders, clients and users of the broker can vote.