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Forex

Retail Broker

Umarkets

About Company

Overview

Information

Review

THIS SERVICE IS NOT AVAILABLE IN YOUR REGION

Unproved

Unproved

Umarkets

Founded in :

N/A

2008 (17 Years)

83 Reviews

Good

3.36/5

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Security Information

0.00

Verification on TrustFinance

0.00

Traffic & Engagement

1.67

Social look up

0.75

How our score system works?

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Security Information

Warning

This company is currently unproved. Please be cautious of the potential risks!

What are the differences in regulations for each ?

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

Security Information

Warning

This company is currently unproved.

Please be cautious of the potential risks!

What are the differences in regulations for each ?

News

TrustFinance Intelligence Agency

Research date: Aug 14, 2024

The Malta Financial Services Authority (MFSA) warns of an unlicensed exchange named UMarkets, operating under the name of Market Solutions Limited. The entity claims to offer FX, commodities, CFDs, and indices, but is not registered or authorized by the MFSA. Several foreign regulatory authorities have also issued warnings against UMarkets and Market Solutions Ltd. Investors are advised to be cautious and only engage with entities authorized by reputable financial services regulators. The MFSA emphasizes the importance of verifying the authorization of entities offering financial services before engaging with them.

The Malta Financial Services Authority (MFSA) warns of an unlicensed exchange named UMarkets, operating under the name of Market Solutions Limited. The entity claims to offer FX, commodities, CFDs, and indices, but is not registered or authorized by the MFSA. Several foreign regulatory authorities have also issued warnings against UMarkets and Market Solutions Ltd. Investors are advised to be cautious and only engage with entities authorized by reputable financial services regulators. The MFSA emphasizes the importance of verifying the authorization of entities offering financial services before engaging with them.

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Reviews

Highlight Review

Review Analytic

0937mhd

Direct review

Excellent

Overall Thought

they are very fast in all transactions and there really have a good customer service curpled with a good Umarkets accessibility and extensive currency variety make it a solid choice for forex traders I really do enjoyed doing transaction with it and the app it good and I will refer all my other friends that are not using this app to start using it because it a good app

Aug 28, 2023

Muhammad Nasir

Direct review

Excellent

Overall Thought

My recent interaction with Umarkets, a cryptocurrency trading platform, has been notably positive. The platform's user interface is thoughtfully designed, providing a seamless and intuitive trading experience. Umarkets' dedication to security and the range of available cryptocurrencies make it a noteworthy player in the crypto trading arena.

Aug 27, 2023

ajitenaoluwafemi

Direct review

Excellent

Overall Thought

Umarkets is an exceptional website for traders of all levels. Its user-friendly interface, comprehensive educational resources, and diverse range of trading instruments make it a standout choice. The platform's advanced tools empower experienced traders, while beginners benefit from its user guides and demo accounts. With a responsive customer support team, Umarkets ensures a seamless experience. Whether you're a novice or a seasoned trader, Umarkets offers a top-notch platform to explore the world of online trading with confidence.

Aug 26, 2023

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Umarkets

Reviews

| Total 83

Reviews

| Total 83

AI Review analysis

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chelseagervase

Direct review Dot icon

2 Sep

Overall Thought

Excellent

Umarkets helps traders trade faster and better. The user interface is ultra friendly and their security service very committed.

Oluwatimilehin Adesupo

Direct review Dot icon

30 Aug

Overall Thought

Excellent

Umarkets is very dependable and reliable, it's fast and easy to use without any stress or delay. Umarkets is an amazing platform For all users.

amehgabriel445

Direct review Dot icon

29 Aug

Overall Thought

Excellent

Your positive feedback about Umarkets is great to hear! The combination of excellent services, user-friendliness, and reliability certainly makes it stand out as one of the best trading platforms. Thank you for sharing your experience!

0937mhd

Direct review Dot icon

28 Aug

Overall Thought

Excellent

they are very fast in all transactions and there really have a good customer service curpled with a good Umarkets accessibility and extensive currency variety make it a solid choice for forex traders I really do enjoyed doing transaction with it and the app it good and I will refer all my other friends that are not using this app to start using it because it a good app

yuichan12316

Direct review Dot icon

28 Aug

Overall Thought

Excellent

Umarkets is one of the best trading platforms ever! excellent services, fast and easy to use! I love how much reliable this platform is!