Recently, I received the Huyou feedback broker Ultimamarkets. After the profit, the platform refused to withdraw on the pretext of illegal acts. This is really shameless!Let's take a look at the question of this brokerage company!
Ultimamarkets brokers were founded in 2016. They are committed to providing customers with a safe and stable transaction environment to improve service quality and provide a variety of transaction products to meet the different needs of many customers.
Poison Tongue found that there was a publicity of gifted activities on the official website of Ultimamarkets.That is, the more you get, the more you send it, but you should not feel that the platform is issued by the platform, and it may be the routine of the platform, so don't believe it easily.
Poisonous tongue found three supervisors on the official website of Ultimamarkets:
Ultimamarketsltd is supervised by SVGFSA, regulatory certificate number: 26330
UltimamarketscyprusLtd is regulated by Cysec, regulatory certificate: 426/23
UltimamarketsLtd is supervised by Mauriti (FSC), regulatory certificates: GB23201593
1. Saint Vincent does not supervise foreign exchange
The poisonous tongue found that UltimamarketsLtd was indeed supervised, but San Vincent itself did not regulate foreign exchange, and there was no guarantee for customers' funds, so this license was just a decoration.
The company that traded in MT4 was the UltimamarketsLtd supervised by San Vincent. The customer's account was opened here, but San Vincent did not regulate foreign exchange, so the funds were not guaranteed at all. If the platform runs, it is impossible for funds to chase back.
2. Low Cyprus license regulation
Poison Tongue found that UltimamarketscyprusLtd was indeed regulated on the official website of Cysec. Cyprus was the preferred regulatory platform for many problematic small platforms because of its simple registration and low fees.Financial violations!But Cyprus did not punish or warn illegal companies, which led to infamous.
And there are only three countries that can provide services, Italy, Poland, and Spain, so it is useless to Chinese customers.
3. Mauritius license
Poison Tongue found that UltimamarketsLtd was indeed supervised, but it was authorized by a company called LegacyCapitalColtd.
LegacyCapitalColtd, this company provides extensive corporate services for other companies with funds, companies, and high net worth individuals, including global business licenses, authorized companies, protected cell companies, trusts, foundations, funds, family offices, etc.
UltimamarketsLtd This license belongs to the authorized license, so it will not be directly supervised by the Mauritius regulatory agency, and Mauritius is also a offshore supervision. It is very low in supervision and small information transparency, so everyone must stay away from offshore supervision.
Poison Tongue Jun also discovered the Ultimamarkets application, which can easily and efficiently manage the online difference contract transaction!The application is built by Ultimamarkets, a broker who has obtained a complete license and regulatory, and will change your transaction method.
There are several hazards of self -developed trading software. The platform can change information and data from the background, or it can also manipulate the market frequently. The platform may also produce various gold rules that make you unable to make money.So try to stay away from the self -developed trading software and choose regular trading software.
Fourth, the harm of too high leverage
Ultimamarkets' leverage is as high as 1: 2000. Such high leverage will increase a lot of profit and loss. If newcomers have not had so much experience, once the loss may directly lead to the account of the account, it is recommended to tradeWhen you lose money, you will not lose all the funds.
Summarizing Ultimamarkets does not have a normal regulatory license, and the company that transactions in the real transaction of MT4 does not have foreign exchange supervision. This leads to the fact that the customer’s funds are not guaranteed at all, and the routine of the donation activity to cheat customers' funds and harvest it, soPersuade everyone to stay away from such a platform.
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