Guarding your experience

How to return deposits from Umarkets? real reviews of traders

Exposure of Scam, customer fraud. 18 / June / 22 Homer Barton Visitors: 1834 Rating:

Brands selling intermediary services on Forex are constantly appearing. In order for traders to know who they can trust, our experts reviewed Umarkets operating in the UK.

Our experts have studied the website, data from available databases.

Official site - overview is a standard site with minimal data. We are immediately given the opportunity to get acquainted with the tariff plan, register and “trade on Forex”.

Contact information - phone number and official address.

No information was found about the experience of providing services, existing permits and regulatory documents, ways of interacting with users.

In addition, for the review of, our experts checked the domain data. It turned out that the domain name was registered for less than thirty days.

More data can be read only after registration.

Therefore, we can safely say that very little data is presented on the official website, which certainly creates suspicion. overview - specified brand address

Having checked the legal address published on the website, our experts found a large number of references to illegal actions related to fraud in the Forex market.

Our experts did not find confirmation that there is an official company at the official address on

It is also suspicious that the specified address of Umarkets is not in the UK, where the company operates, but in another country.

Umarkets overview - phone number

After analyzing the phone number, our experts found references to its use in illegal fraud. In the past, the phone has also been associated with scammers posing as Forex brokers.

Umarkets review - online reviews

A very important component of the review is the analysis of mentions on the Internet. On the official website, our employees found several standard, fake reviews with fake photos and non-existent full names.

In the search, the results showed our staff a large number of bad mentions and reviews of

Most often, people write about the inability to withdraw money, the incomprehensible operation of the software, the repulsive behavior of employees.

Therefore, judging by the reviews on the Internet, Umarkets are deceivers.

Bonuses for creating an account from

As a rule, young organizations offering services in the financial Forex market give newly registered users gifts for registration. As a rule, these are various positive gifts, such as advice from experienced analysts. However, on the Umarkets website and in promotional materials, we found information about bonuses in the amount of the first deposit. You need to be aware that these are deposits that the broker provides people to work on Forex, and not invented tokens that do not go beyond the system.

This is extremely suspicious due to the fact that with such bonuses the period of receiving income from the trader is delayed, with significant expenses.

You can conclude that the reason is the extraordinary generosity of, but in fact everything is much simpler. Money cannot go beyond the boundaries of the service, because all the work of Umarkets is a scam.

Account types for Umarkets

On the official website of Umarkets, you can find several types of accounts, which differ not only in the features of work, but also in the size of the minimum deposits. This is a standard technique for motivating traders to make significant deposits, to open a more expensive account.

Traders can sell personal advice from analysts, break-even operations, access to exclusive information. However, all this is a scam, necessary only to extort funds.

You need to know that no matter how many deposits you transfer, they will go to criminals, since Umarkets are scammers.


Leverage is a standard tool for conducting Forex transactions, which allows you to conduct transactions for an amount greater than the client has. The missing investment is borrowed from the broker. Brands that give their people the opportunity to close deals with high leverage are taking a serious risk, so they only give this opportunity to proven players. But Umarkets are criminals, so they use leverage to drive their customers into debt and seek payment for a fake loan.

Time to refund

People trade in the Forex financial market to make a profit. Naturally, this is not feasible without the possibility of withdrawing money. Therefore, the question arises: "does have a time frame for withdrawing investments"? On the website, our specialists found references to the fact that the withdrawal of investments is made in an instant and without deductions. In fact, even large, legal online brokers do not always give such working conditions. What's the catch?

The fact is that Umarkets are scammers and do not plan to provide customers with the opportunity to withdraw deposits. Therefore, they are ready to offer the best conditions. But all their promises are empty words.

Reviews appeared before appeared

As our staff said above, the website has been registered for less than 30 days. And yet, on well-known resources, you can find references three months ago.

Most likely, specialists, before the start of fraudulent activities, ordered fake mentions on popular resources so that customers get the feeling that the company has been operating for a long time.

Examples of references to Umarkets:

  • Have you seen free cheese? are complete scammers, Umarkets promise excellent income and excellent conditions, and as a result, you will be scammed and disappear with your money.
  • Have you checked Umarkets registration? As soon as you start to delve into their documents, it will become obvious that Umarkets are bandits. Do not think to interact with Umarkets.
  • I studied where it is possible to study the legality of brokerage work in the Forex financial market. They pushed me to work together on good terms, I was terribly afraid until I found comments, 100% I don’t want to cooperate with this broker.

Umarkets review - trial period

On the website, there is no demo access to software that allows you to understand the level of services offered.

Umarkets managers want the client to quickly give them personal data and pay at least the smallest payment.

Umarkets review - withdrawal

In theory, the user's investment is withdrawn using a form on the official website of Umarkets. It is alarming that a person can use it without registration. Therefore, the appeal will be studied manually, which is impossible with a serious number of users.

Our staff concluded that this form is only used to show potential victims that it is possible to withdraw funds, but in practice this will not work.

For your safety, we have compiled a complete list of unscrupulous brokers.

Comments 0