Universe Markets FX Review: Scam or Legit Broker?

Universe Markets FX Review: UniverseMarketsFx is a forex and cfd broker that offers trading in a huge range of assets spanning commodities, indices, stocks and currencies. They have their address at 131-151 Great Titchfield Street, London Greater London W1W 5BB United Kingdom and they are owned and operated by White Square Trading Limited.

universe markets fx

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UNIVERSE MARKETS FX TRADING PLATFORM

This broker offers the MT4 trading platform for CFD and Forex trading which supports Expert Advisors and Custom Indicators.

DEPOSIT AND WITHDRAWAL METHODS

The available methods are Bank Wire transfer, MasterCard, Visa, Diners Card, Maestro. The minimum deposit is $250

Is Universe Markets Fx, LICENSED?

NO!  Universe Markets Fx broker is not licensed. Therefore, no regulatory body is acting as a watchdog to oversee that they comply with best practices in the financial market. They stated that they are located in the UK, but we discovered that they are not licensed by the FCA(Financial Conduct Authority) which is the licensing and regulatory body in the UK.

SUPPORT

This broker offers support to its traders, they could be reached through phone calls or emails, whichever you prefer.

CONCLUSION

Universe Markets Fx is an unregulated broker, this is a source of major concern. When trading forex, cfd and cryptocurrencies we always recommend you use a regulated broker that is licensed to trade financial instruments.

COMPARE WITH A TRUSTED BROKER

Fortrade

Fortrade is a UK-based broker with address at Michelin House, 81 Fulham Road London, SW3 6RD, United Kingdom. They are among the best brokers in the industry offering trades in numerous assets including stocks, commodities, currencies, indices and cryptocurrencies. Fortrade is regulated and licensed by the FCA(Financial Conduct Authority) in the UK which makes client funds safe. They accept traders worldwide..visit their official website

DID YOU KNOW!! Most Autotrading softwares or robots claiming to turn you into a millionaire overnight are SCAMS. If you are in need of a legitimate software or robot that can help you trade profitably, see our recommendation HERE

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Universe Markets Fx
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