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

In this section we will tell you if we consider that the company Universe Pay Group is a safe company or an untrustworthy company. Read our full analysis to find out everything!

We have thoroughly evaluated the website, analyzing every detail and examining the fundamental characteristics that are considered when selecting a trustworthy broker. This includes aspects such as the location of the company, the entity with which it is associated, its regulation, as well as its reputation in the industry.

Below we will show you essential information about Universe Pay Group and we will tell you why we reached such a conclusion:

Basic Information

🌐 Websiteuniversepgroup.com
🏠 Company*It doesn't mention which company it belongs to.
RegulatoryDoes not mention being regulated
📧 Email[email protected]
📈 PlataformOwn platform
📌 AddressMentions being located at 411 University St, Seattle, WA 98101, United States
🕑 Website ageWebsite registered on: 2023-11-22
Company typeOnline bank broker in financial services, natural resources, consumer products and transportation

Company:⚠️ Universe Pay Group does not mention which company it belongs to. Be very careful, we noticed a clear lack of transparency.

Location: ⚠️ The company mentions being located in the United States, but we believe this is false information.

After a thorough analysis, we are concerned to note several concerning features regarding this company.

What is Universe Pay Group?

After having carried out an analysis of the company's website, we can say that Universe Pay Group is an: online bank broker in financial services, natural resources, consumer products and transportation.

Account types

The company does not provide information about having different types of accounts.

Information on the web

universepgroup website

Here we show you a screenshot of the Universe Pay Group website, which is universepgroup.com. The capture was made in May 2024. .

Contact: phone numbers and email

After having performed an analysis of the website:

– We have found the following phone number: +4479607600031

– We have found the following email: [email protected]

* Universe Pay Group Regulation

We have analyzed in depth the current ⚖️ regulatory situation ⚖️ in which this company finds itself and we have reached the following conclusion:

The broker presents us with a very worrying situation; he mentions absolutely nothing about regulating it. What does this make us think? We are talking about an unregulated broker. What does it mean? This means that the broker's clients and all their money are without any type of protection. That is to say, if the broker has bad intentions, most likely you will not be able to do anything to recover your money. Please be very careful with these types of companies. Before making the decision to send money, we urge you to think carefully, as you would be entrusting your funds to a company without any type of regulation or protection.

🚫 Universe Pay Group final valuation 🚫

As you can see, we have carried out a detailed and complete analysis of the most important characteristics of Universe Pay Group and we have reached the following conclusions about this company:

Location: It mentions being located in a place considered safe such as the United States, but we believe that this is false information with which they try to deceive customers.

Regulatory: The absence of information about its regulation indicates that we are dealing with an unregulated company, which denotes a lack of transparency and seriousness in its operations.

Please remember that the company has been reported by different financial regulators (in this case the CNMV, National Securities Market Commission). Use EXTREME CAUTION.

This company does not mention which company it is part of, please be careful, there is a clear lack of seriousness and transparency.

Universe Pay Group presents itself as an online bank broker that offers financial services, natural resources, consumer products and transportation. Although it claims to be located in the United States, there is uncertainty about the veracity of this claim, suggesting an attempt to mislead customers with false information.

The lack of information regarding the regulation of Universe Pay Group is worrying as it suggests that the company operates without being subject to any regulatory framework. This lack of transparency and seriousness in its operations poses a significant risk for clients. Furthermore, the company has been reported by different financial regulators, such as the CNMV, which underlines the importance of exercising extreme caution when considering any type of transaction with this entity.

🚨🚨 Conclusion: Due to the concerns raised, our evaluation indicates that this company lacks seriousness and security. Please think carefully if you want to send money to a company with these characteristics. 🚨🚨

Updates

News about Universe Pay Group:

Date Update – news
May of the 2024Complaint against Universe Pay Group financial regulator CNMV, National Securities Market Commission

We note that the company already has complaints from financial regulators. Please be very careful!

User Reviews

[democracy id = ”8921 ″]

What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with Universe Pay Group.

At the end of the review you will find customer comments.


How to Claim Money Scammed by Universe Pay Group

If you have been a victim of a scam and need guidance on how to recover your money, we invite you to consult our frequently asked questions section, where you will find useful information for this purpose.

How to Report Universe Pay Group

If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.

FAQs

Are there (recommended) alternatives to Universe Pay Group?

Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.

How can I report Universe Pay Group?

This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.

Is Universe Pay Group trustworthy?

No. Universe Pay Group is not reliable, it is a very unsafe company: although the broker mentions a safe location such as the United States, it does not mention its regulation or company to which it belongs. The complaint from the Spanish regulator is another red alert from the broker.

How to recover money from Universe Pay Group?

If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.

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.

2 comments on «Universe Pay Group: opinion and comments – Is it a scam?»

  1. Samantha Reply

    This company is a scam. My husband was scammed, don't do it, you'll thank me later. Greetings.

    • Recommended-brokers.com Reply

      Hi Samantha, thanks for writing about Universe Pay Group. Currently, this broker is considered a SCAM.

      If you are a client, do not invest more money, their only objective is to steal from you, they manipulate operations manually and keep the money from the moment it reaches their accounts, it never enters the market, everything is prepared so that they make you lose your money to have the excuse of keeping it.

      If you decide to withdraw and they ask you for a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it!, that is the alert, from that moment you have to know that you are a client of a scam broker and even if you pay they will never return it to you.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or fill out the form in this link: CLAIM YOUR MONEY

      Greetings.

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