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Universal Forex

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Operating status: SCAM

Website: https://universalforex.ltd/

Broker violations and abnormal records
  • 2022-08-23 BrokersView has Reviewed that Universal Forex is an Unregulated Forex Broker

    Universal Forex is not a reliable broker for traders even though it states offers that look good to be true. Universal Forex claims to be licensed by the Australian Securities & Investments Commission (ASIC) with registration number: 169 338 336. However, we did not find any results matching Universal Forex in ASIC's registry. The regulatory info this broker claims is a false statement for unsuspecting traders. The truth is that Universal Forex is not overseen by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

    Universal Forex is not a reliable broker for traders even though it states offers that look good to be true. Universal Forex claims to be licensed by the Australian Securities & Investments Commission (ASIC) with registration number: 169 338 336. However, we did not find any results matching Universal Forex in ASIC's registry. The regulatory info this broker claims is a false statement for unsuspecting traders. The truth is that Universal Forex is not overseen by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

Related Complaints

Q&A

Greetings, Could you tell me about license of Universal Forex? Best Regards.

Daniel Owen van Dommelen
Aland lslands
2022-09-27
ANSWER Universal Forex is not a licensed or regulated broker even though it states offers that look good to be true. Universal Forex claims to be licensed by the Australian Securities & Investments Commission (ASIC) with registration number: 169 338 336. However, we did not find any results matching Universal Forex in ASIC's registry. The truth is, Universal Forex is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like Universal Forex and trade with licensed brokers.
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