Universal Forex Trade Broker Review

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Universal Forex Trade

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Do You Want to Know If Universal Forex Trade Is Legitimate or a Scam Broker? 

Universal Forex Trade may or may not have an actual website. It seems to find its victims on social media. It’s fairly easy for a dodgy broker to shape-shift on Instagram, Twitter, and Facebook. They can invent personas, block their victims after they have stolen money, and disappear. This seems to be the MO of Universal Forex Trade based on verified reviews we’ve found online. This broker has a very low trust rating and no indication of a license from any regulator. 

There Are Some Problems with Universal Forex Trade

Universal Forex Trade chats up people on Instagram and other social media platforms and offers them a quick and easy chance to trade forex. According to one Universal Forex Trade victim, they showed a tremendous profit after the first trade. It’s rare for forex traders to succeed so quickly. They then ask the person to open an account with all the fees and deposit funds required. Then, all of a sudden, they report the customer has lost everything in the trade and then unfriend and block them. No surprise that this broker isn’t regulated. 

Red Flags that Universal Forex Trade Could Be a Scam Broker

  • No license
  • No website
  • No transparency
  • Misleading statements
  • Bad reviews

If You Need Fund Recovery from Universal Forex Trade, 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.