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

In this section we will tell you if we consider that the company UP Markets is a safe company or an unreliable company. Read our full analysis to find out everything!

We analyze the website, observe every detail and examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation...

Below we will show you essential information about UP Markets and we will tell you why we reached such a conclusion:

Basic Information

🌐 Websiteupmarkets.com
🏠 CompanyUnmentioned
RegulatoryNot regulated
📧 EmailDoes not have
📈 PlataformOwn platform
📌 AddressUnknown
🕑 Website ageWebsite registered on: October 20, 2023
Company typeForex, Stocks, Cryptocurrencies, Commodities and Indices Broker

Company: UP Markets does not mention which company it belongs to.

Location: UP Markets does not mention where it is located.

We can already tell you that we are concerned about several characteristics of this company.

What is UP Markets?

After having carried out an analysis of the company's website, we can say that UP Markets is a Forex, Stocks, Cryptocurrencies, Commodities and Indices broker.

Account types

The platform does not offer different accounts to carry out operations.

Information on the web

up markets website

Here we show you a screenshot of the UP Markets website, which is up-markets.com. The capture was made in MARCH 2024.

Contact: phone numbers and email

– We have not found phone numbers.

– We have not found emails.

Regulation of UP Markets

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. Think carefully before sending money, you are sending it to a company without any type of regulation or protection!

🚫 UP Markets Final Valuation 🚫

Diving into the dark world of the UP Markets broker, we discovered a series of signals that could send any sensible investor running in the opposite direction. Let's break down the reasons to adopt a cautious attitude towards this platform.

First, the actual location is a mystery, an enigma that adds an extra layer of uncertainty. The lack of information about where they physically operate casts a shadow over the credibility of UP Markets.

But that's not all, the inconsistencies and deceptions continue. The website boasts an address in Zug, Switzerland, but upon further investigation we discovered that it is a dead end. The address provided, Baarerstrasse 77, Zug 6300, Switzerland, turns out to be false. Furthermore, the contact details are also a sham, which raises the critical question: can you trust a broker who cannot provide accurate and verifiable information about their location?

The complete absence of regulation adds another level of concern. UP Markets operates without any regulatory oversight, leaving investors with no safety net in case of problems. But here comes the final blow: FINMA, the Swiss regulator, has raised the red flag. UP Markets is not registered in the commercial register, which means that it does not have the necessary authorization to offer investment services.

In short, the alarm bell should be ringing loud and clear for any investor considering UP Markets. Falsehood in basic information and lack of regulation are explosive ingredients in the world of investments. FINMA's warning should be a beacon that guides you away from this broker.

My sincere recommendation: stay away from UP Markets. In this vast landscape of investment opportunities, there are legitimate and transparent options that can offer the security and peace of mind you deserve. Your money deserves a safe and reliable home, and UP Markets appears not to be that place. Invest wisely and choose platforms that are backed by genuine regulations and a solid reputation. Take care of your financial future!

Updates

UP Markets News:

Date Update – news
February 2024Complaint against UP Markets financial regulator CNMV

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

User Reviews

[democracy id=””]

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

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


How to Claim Money Scammed by UP Markets

If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.

How to Report UP Markets

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 UP Markets?

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 UP Markets?

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 UP Markets trustworthy?

No, UP Markets is not trustworthy at all. With lack of registered location, fake addresses, lack of regulation, very negative rating, recurring problems with fund withdrawals, it is advisable to avoid this platform. Look for more transparent and secure options to protect your investment. Invest with extreme caution and choose platforms with proven financial integrity!

How to get money back from UP Markets?

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 «UP Markets: OPINION AND COMMENTS – IS IT A SCAM?»

  1. Clara Reply

    This company is a scam. I don't get paid yet, don't do it, you'll thank me later. Greetings.

    • Recommended-brokers.com Reply

      Hi Clara, thanks for writing about UP Markets. 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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