UltraFX Smart Trades Broker Review

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UltraFX Smart Trades

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Do You Want to Know If UltraFX Smart Trades Is Legitimate or a Scam Broker? 

UltraFX Smart Trades wants you to know that they’ve generated returns for clients. You can see testimonials on Facebook. Does this prove anything? One of the testimonials claimed that she invested $400 and in just one week, made $5,500. It isn’t unheard of that someone could make a successful trade, but too many scam brokers falsely promise results like this. 

There Are Some Problems with UltraFX Smart Trades 

The SEC has flagged UltraFX Smart Trades for offering forex trading without a license. They have no proof of a license and the SEC indicates that they are illegally operating as brokers. It’s interesting that they have just a couple of testimonials that don’t really say anything specific about how the broker works. Its site is no longer operational, but it still maintains a social media presence.

Red Flags that UltraFX Smart Trades Could Be a Scam Broker

  • No license
  • Flagged by the SEC
  • Flimsy testimonials
  • No transparency
  • Misleading statements
  • Bad reviews

If You Need Fund Recovery from UltraFX Smart Trades , Talk to Us

We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with this broker close it and request a withdrawal. If you are not given your money back, contact Broker Complaint Registry right away. We will consult with you, work to track down your funds and create investigative reports, and will assist with fund recovery efforts.