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Universal Markets

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Overview

Universal Markets has a rating of 2.53 stars from 18 reviews, indicating that most customers are generally dissatisfied with their purchases. Universal Markets ranks 410th among Currency Trading sites.

  • Service
    2
  • Value
    1
  • Quality
    1
Positive reviews (last 12 months): 0%
Positive
0
Neutral
0
Negative
2
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How would you rate Universal Markets?
Top Positive Review

“Above average”

Peter W.
2/28/20

Definitely an above-average brokerage. Once I started trading with them, they were poorer in performance but they've been getting better and better from then on. Withdrawals are faster now (although still slower than a short-term trader would want) Also, trading assets have diversity which suits me very well. Trading platform is top of the notch, even for a beginner like me. Have to say, I'd recommend to any new trader!

Top Critical Review

“Same happened to me with Fintech Platform these guys are predators what they do is destroy people”

Jose D.
5/16/23

Maggots all of them waiting for good honest people to change them forever mentally emotionally and physically at times just awful they need to make it that this never happens your destroying others confidence in life where do these creeps get off kick stones all of ya

Reviews (18)

Rating

Timeframe

Other

Thumbnail of user selenat12
1 review
7 helpful votes
March 14th, 2020

Im a beginner broker and I do well at umarketspro. I know a lot about the markets, just haven't traded that much for real. Made my first profits last week, even withdrew them. Withdrawal was slow I admit but I got my profits now so all is fine. Customer support wasn't helpful as well, had to just wait for my money. Staying with them because of their platform, it's really nice for all level.

Thumbnail of user alexanderb214
1 review
12 helpful votes
February 25th, 2020

Not to sounds exaggerative but Umarketspro are truly a modern-day brokerage. I've had my fair share of brokers in the past (been trading for a decade) and these guys feel fresh and understanding. No old-school advice or massive spreads to cut my profits in half. Will be sticking with them for quite some time, if they continue to deliver as well as they do now!

Thumbnail of user josed684
1 review
0 helpful votes
May 16th, 2023
Verified purchase

Maggots all of them waiting for good honest people to change them forever mentally emotionally and physically at times just awful they need to make it that this never happens your destroying others confidence in life where do these creeps get off kick stones all of ya

Service
Thumbnail of user fannyc10
1 review
0 helpful votes
March 4th, 2020

Account opening took way more time than I expected. Wanst happy about that so I deduct a star definitely. At least funding went through quicker so I was able to trade almost on time with my research. Not the biggest of deals but still worth mentioning. Also, their support isnt massively helpful, I had to do a deeper research to know what I was looking for. As for platform and trading products, I am satisfied. They cover everything and their trading experts are actually helpful once you get to talk with them. 3.5/5 from me.

Thumbnail of user marthac249
1 review
1 helpful vote
March 26th, 2020

They are persistent cold callers, with manchester numbers and claims of being located in switzerland. They collect deposits and then even when you make profits will make you pay to make withdrawals, which will never come by the way. I personally had to resort to submitting a claim at swift recovery europe before i got my deposits and profits for a percentage, i found them on youtube. Please stay away from umarkets

Thumbnail of user jessicam1389
2 reviews
2 helpful votes
March 28th, 2020

Customer support is not optimal, only English has good coverage. They should include one or two languages.

Thumbnail of user plentyy1213
2 reviews
5 helpful votes
June 20th, 2023

I made a initial deposit of US$250 via my credit card account using a "One Time Code" to authorize the transfer of funds. This was a mistake as when I tried to claim my money back MasterCard declined my claim as using the "One Time Code" offers no protection against fraud or defective goods or services. I never panicked too much, did some research and found a solution at traderscare.live. They'd assist you with recent investment scams recovery possibility. Note that you'd ask before you know if your lost funds can be recovered. And I'm not here to convince anybody.

Thumbnail of user bostjanh
1 review
0 helpful votes
December 19th, 2021

If anyone knows anything about these bastards please let me know on **************. These are big criminals. I informed the police.

Thumbnail of user peterw572
1 review
10 helpful votes
February 28th, 2020

Definitely an above-average brokerage. Once I started trading with them, they were poorer in performance but they've been getting better and better from then on. Withdrawals are faster now (although still slower than a short-term trader would want) Also, trading assets have diversity which suits me very well. Trading platform is top of the notch, even for a beginner like me. Have to say, I'd recommend to any new trader!

Thumbnail of user carined
1 review
1 helpful vote
April 24th, 2020

Everything is ok until you ask your money back, than the problems start, they can take it from your creditcard en don't won't to transfer it back to your creditcard, than suddenly they need all your bankreferencies en bank account number to refund your money, al do it says in their policies that they refund to your creditcard, a bunch off thieves that's what they are

Thumbnail of user anjas12
2 reviews
11 helpful votes
March 24th, 2020

It is a scam! You have to deposit and they promise to bounce right back, but they dont! Than you have to pay to get it back and you even lose more! They took all my money, 22.250,00! Don't believe them!

Thumbnail of user chonkym
1 review
0 helpful votes
July 14th, 2020

Their claimed trading address is: "Suite 305, Griffith Corporate Centre, Beachmont, Kingstone, St. Vincent and the Grenadines"

That address contains a typo... There is no "Kingstone" in SVG, there is however a KingsTOWN. This is an attempt by the scammers to stop you from Googling the address successfully and a typo like that is a big clue to this being a scam.

The address at Kingstown is registered to a completely unrelated company "Wilfred International Services". The landlord of the Griffith Corporate Centre has even posted a page warning about misuse of the Suite 305 address.

There are numerous warnings from Switzerland's FINMA and UK's FCA about scammers and unauthorised financial service providers claiming to operate from the Suite 305 address (see attached screenshots).

Other names: FTEFX, Brokerz, Tradixa, OPT Finance, Traderking, STS Royals, Coinbrokerz, FX-leader, FXG Trade, Goldman Blanc, Get Financial, Turn FX, Interactive Trade, FteFXPro, CoinBits, TECHNORIC Ltd, Tradeur, Tradewell, Bridgehold Ttd, Absolute Global Markets, Profitx, New Rich Markets ltd, Pro Capital Markets, Intrgroup / Mindworks Limited, Apsilon Ltd t/a Marketrade.co, Midas Wealth Management Securities, GCG 24 / Global Consulting Group, 500 Investments/ Cabsy Holdings Ltd, CCX Markets/ Online Media Solutions LTD, 4Rex Prime Ltd t\a Standard Bit Option, Standard Bit Options/ Standard Bit Options Ltd, GFC Investment and Greenfields Capital owned by Dartalon Ltd

Tip for consumers:
Avoid anyone using the address (with various spellings of "Kingstown"):

Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent and the Grenadines

...unless you are dealing with the true owner Wilfred International Services

Products used:
Cold callers, bought my details off a crypto trading exchange. Attempted to get me to sign up to managed trading account.

Service
Value
Quality
Thumbnail of user calebj31
1 review
0 helpful votes
April 29th, 2020

I'm surprised of the high professionalism of umarketspro.com, their customer support is on a whole new level. Definitely recommending this broker.

Thumbnail of user michaels3859
1 review
11 helpful votes
March 4th, 2020

The people who are helping me are extremely useful and knowledgeable when it comes to trading. Highly recommend it to everyone who likes to experiment and learn more about this.

Tip for consumers:
Start with the conservative amount and test it out, it might not be suitable for everyone.

Products used:
Investing in CFDs

Thumbnail of user miroslavb4
1 review
9 helpful votes
March 5th, 2020

This is the best broker i have foumd so far. I have been trying to find a legitemate company for a while now and so far this is the best one. I have achieved some amazing results so far and am looking forward to continue our work.

Thumbnail of user kevinm1338
3 reviews
6 helpful votes
April 1st, 2020

Swiss support is useless, English is okay. Spreads are fine if youre a professional and have bigger capital, beginners will have a hard time dealing with them. Not the best of webinars but they still have educational value. Have to say, umarketspro can do better but they're surely trying!

Thumbnail of user robinl467
4 reviews
1 helpful vote
May 25th, 2021

Ohh nooo, why? I lost a substantial sum of money because of the trading company. I thought I would never get my money back, But only this company found how to solve my problem and now we are on the way to getting my money back. Mone yhelp. Page. Link/money they could get my money back. Don't repeat my mistakes. Se scammers and as.

Thumbnail of user asdasda16
1 review
1 helpful vote
April 22nd, 2020

The company is legit they made me $10,000 for 3 months! They know what they are doing and they know how to trade and to make money for prople like me that have no idfea for the market

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2.5
18 reviews
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