Universal Stock Trade Review: 5 Reasons universalstocktrade.com is a Scam

 
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Universal Stock Trade masquarades as a Forex and Crypto investment company that trades on behalf of its clients. The scam operates from the website universalstocktrade.com and it promises financial freedom to its victims.

The website is created in such a way that it is very convincing and we urge you to get more information here which will help you stay ahead of their tricks.

It would take someone with experience in Crypto scams to establish that the website is a fraud that collects Crypto from victims and once they achieve their goal, they stop replying or entertaining the victim.

If you’ve fallen for these scams before and would like to recover your lost funds, you should fill out this form and let the cyber forensic experts trace your funds.

Is Universal Stock Trade a scam?

It’s quite obvious that the website universalstocktrade.com is a scam that intends to ruin investors with promises that will never be fulfilled. Once you transfer your funds to their wallet, it’s gone.

The company Universal Stock Trade inc has never been incorporated and the owners are 100% anonymous, which is why they prefer to collect funds from victims in Cryptocurrency form.

5 Reasons why Universal Stock Trade is not legit

These guys are smart with lies and marketing language. Here are a few red flags that you should watch out for and ponder about concerning this illegal investment scheme.

1)Not an authorized investment company

The provided physical address suggests that the company is based in the UK.

First of all we can’t trust anything that scammers say including their address. In this case, we’re wondering why Universal Stock Trade is not licensed by the local financial regulator.

The risks of trusting such a company has been made obvious by the financial regulators. They say you will suffer on your own if you send funds to a company that is not authorized.

2)Clever scam that devised a way to steal more Crypto

Universal Stock Trade offers a Crypto wallet where its victims can purchase and store NFTs.

The truth is that this platform is using the Crypto wallet as an additional means of making more income.

If you use their wallet, they will steal all the Cryptocurrency that you store in there.

3)No signs of trading

The platform claims to engage in buying and selling of securities for profit which is then shared by its clients.

The problem is that the person who is running Universal Stock Trade is neither trading Forex nor Crypto.

They’re collecting your money and using it to fund their lifestyle. There’s no accountability and no returning your funds.

4)Universal Stock Trade uses creative marketing to defraud victims

Their website is quite attractive and they also post pictures that suggest the company is involved in charity work.

The truth is that these scammers are insulting your intelligence. They don’t send any money to charity work.

Also, their list of “Top investors” is false as this is just a trick to make you trust them.

5)Nobody trusts this company

We’ve not come across any reviews from anyone who used the alleged services of UniversalStockTrade.com.

The platform was registered in August 2022 and until now, it has not received any ratings or reviews.

We do not trust companies with no consumer reviews.

Conclusion of the universalstocktrade.com review

There’s a possibility that these scammers have defrauded many people as they’re also using social media to convince victims.

Remember that they’re operating an authorized investment platform with zero reputation. Only empty promises.

Stay away from these guys and if you have been scammed, share your experience in the comment section.

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..

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