UniTrust Venture Review: Scam Broker (unitrust-venture.com)

 
Have you been scammed by a broker? Complete this form now to get free consultation from money recovery experts
Do you want to expose a broker or comment about their scam activities? BrokerProfile is the uncensored forum where you can discuss freely about good and bad actors.

In this review of UniTrust Venture broker, we provide reasons why the trading platform whose services are operated from unitrust-venture.com is a scam.

UniTrust Venture is a new broker with no experience as their website was launched in April 2022 and therefore cannot significantly compete with established trading and investing platforms.

After putting a lot of things into consideration, we have come to the conclusion that UniTrust Venture is a high-risk broker that is not worth trading with.

If you have lost funds while trading or interacting with this platform, you can apply for chargeback by clicking here and following our advice respectively.

The best brokers to trade or invest with for good returns can be found in the table below:

[table id=1 /]

UniTrust Venture broker Review: Not legit but a scam

The broker has failed to disclose their physical address but we can still deduce that they are operating from UK.

UK brokers are regulated by the FCA, and this financial oversight authority is actively governing the industry and doing all they can to weed out scams.

UniTrust Venture broker pretends that they have your best interest at heard. Their website presents a professional trading platform with the right marketing literature.

They even have a minimum deposit of $249 which is relatively affordable to traders across the world.

However, if you look at their other account types, the minimum deposit is significantly high… even as high as $150,000 in their VIP accounts.

We have observed that shady brokers have a way of persuading clients to upgrade their accounts.

When a victim goes ahead to ‘upgrade’, they end up losing a lot of money than the initia amount that they would have lost if they refused to ‘upgrade’.

They also provide a ‘trading academy’ to encourage clients to sign up yet it is a well-known fact that these brokers cannot offer you real training because their agenda is to steal your deposit.

How then can they provide you with training? Isn’t this conflict of interest?

Unitrust-venture.com review: Broker not licensed

With regards to the regulatory status of this broker, we are of the observation that the broker is actually not licensed and is operating an illegal Forex and CFDs broker in the UK.

This broker is among the unregulated entities such as TeraFX, Affluences Swift Trade and others which are operating under the nose of financial regulators.

They can only escape the radar for a while before they are ultimately blacklisted.

The regulator has been warning traders against using brokers like unitrust-venture.com because the risk of losing funds for good is very high.

If you don’t take these warnings seriously, you are likely to suffer a financial loss. And if you don’t follow this procedure on how to recover your funds, then you can be sure that the thieves will have a field day wth your money.

No serious consumer reviews about UniTrust-Venture.com

It appears that this broker is gaming the system by providing fake positive reviews to those who dare to do their homework as far as reviews are concerned.

If you look at their reviews on google, you will find multiple 5 star rated reviews which appear to have been written by employees of this broker or those who are affiliated with the entity.

We were however able to come across 3 reviews on the trustpilot platform which seemingly looked legit.

These reviews are however not satisfactory. They don’t provide enough insights about this broker.

The Conclusion of this broker review

Avoid UniTrust Venture at all cost because this is yet another new broker that intends to scam traders.

They are however good at presenting a professionally-designed website so that they can gain your trust.

We urge you to avoid this scam at all cost. Thanks for reading this review.

Do you want to submit a broker or comment about their scam activities? BrokerProfile is the uncensored forum where you can discuss freely about good and bad trading service providers..

Leave A Comment