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

TOLTECHFX Comments

In this section we will analyze the broker Uptos (also called uptos.com), is a Forex, Cryptocurrency and CFD broker. Is Uptos really recommended to make 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 review Uptos. 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.

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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: Uptos Ltd.

As to its location, the broker mentions being based in: Saint Vincent and the Grenadines. 

If we analyze the regulation of the broker: they do not mention anything about being a regulated broker, which makes us think that it is an unregulated broker. 

If now we go on to analyze account types offered by Uptos, we note that it offers 6 different types of account / plans: Student Account, Starter Account, Premium Account, Advanced Account, Pro Account and VIP Account. We leave an image with a little information about each type of account.

Student account- Minimum initial deposit of $ 250, minimum trade size 0.01 lots, 24-hour trade.

Starter account- Minimum initial deposit of $ 2.500, minimum trade size 0.01 lots, 24-hour trade, optional Islamic account.

Premium account- Minimum initial deposit of $ 10.000, minimum trade size 0.01 lots, 24 hour trading, optional Islamic account, daily analysis, account manager.

Advanced account- Minimum initial deposit of $ 25.000, minimum trade size 0.01 lots, 24 hour trading, optional Islamic account, daily analysis, account manager.

Pro Account: $ 50.000 minimum initial deposit, minimum trade size 0.01 lots, 24 hour trading, optional Islamic account, daily analysis, account manager, fixed price.

VIP account: minimum initial deposit of $ 100.000, (necessary consult with an account manager for more information).

TOLTECHFX account types
Uptos account types

In the following image you can have more information about the types of account. Click here to see the image in full size.

Las platforms to operate that Uptos offers are: the MT5 platform.

We will now analyze the different resources and aids for traders that Uptos provides on its website. We believe that the resources and help provided on the website can be a point in favor of the broker.

Uptos website
Uptos website

Uptos does not provide help or resources to traders or interested parties.

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| Other information about uptos |

Some more information in case you want to contact the company, or see its website for yourself.

Website: uptos.com

Telephone: + 18559253933

Email: [email protected]

>>> Assessment on uptos <<

Ending with this section, in our opinion Do we believe that the Uptos company is reliable? Should you invest your money with the company?

The truth is that we recommend caution, because: it is an unregulated broker, it is based in unsafe countries (Saint Vincent and the Grenadines), when looking for reviews about Uptos we did not find any other review, we believe that it is a new broker , no trajectory. We suggest using caution.

⛔ Attention ⛔ : in May 2020 CONSOB added uptos to your list of fraudulent financial companies, for acting without authorization.
➡️ Link to CONSOB's ⚠️ May 2020 warning

⛔ Attention ⛔ : in July 2020 CONSOB added uptos to your list of fraudulent financial companies, for acting without authorization.
➡️ Link to CONSOB's July 2020 ⚠️ warning

⛔ Attention ⛔ : in September 2020 CONSOB added to uptos to your list of fraudulent financial companies, for acting without authorization.
➡️ Link to CONSOB's ⚠️ warning for September 2020

⛔ Attention ⛔ : in November 2020 FSMA (Belgium) added to uptos to your list of fraudulent financial companies, for acting without authorization. WE SUGGEST EXTREME CAUTION ⛔
➡️ Link to FSMA's November 2020 ⚠️ warning

⛔ Attention ⛔ : in October 2023 BAFIN has added to uptos to your list of fraudulent financial companies, for acting without authorization. WE SUGGEST EXTREME CAUTION ⛔
➡️ Link to ⚠️ October 2023 warning from BAFIN

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?

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.

What do you think of Uptos? What has been your experience?
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.

4 comments on «Uptos: Rating and comments»

    • Recommended-brokers.com Reply

      Hi Lola, thanks for commenting on Uptos. This broker is a SCAM. The Bafin (German Financial Regulator) has already warned about them, for fraud and not being regulated (See link BAFIN). Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it and in the end they tell you that you have lost and they keep it.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

      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 recover your money, try our CHAT or in the FORM of this link: CLAIM YOUR MONEY

      Greetings.

  1. Dylan 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 Dylan, thanks for writing about Uptos. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      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 check the form in this link: CLAIM YOUR MONEY

      Greetings.

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