Is UKFinvest Scam or Legit Broker?

UKFinvest is not a secure Forex broker since it does not hold a license from any worldwide serious Forex authority. Meaning the broker is suspected of being a fraud company since it was not checked for its compliance before establishment, was never monitored in terms of its safety, and simply may operate the business in any way it wishes.

About UKFinvest
🗺️ Registered inSeychelles
🗺️ Type of LicenseOffshore License
🛡️ Is UKFinvest safe to tradeNo
🗺️ Recommended LicensesFCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative BrokerFP Markets - licensed by ASIC in Australia

What is UKFinvest?

UKFinvest is a trading provider that offers a range of over 250 trading instruments including Forex, Commodities, Stocks, and Indices, yet mainly offers trading Bitcoins and Cryptocurrency. The broker mentions its high liquidity access and cross-platform trading through unparalleled quick execution and API solutions.

  • However, the broker’s address mentions the beautiful islands of Seychelles, which is a rather good place for vacation, not the financial investment firm.
  • The point is that Seychelles offers an easy process of financial or investment firm establishment, through a very low list of requirements, small budgets, and what is more crucial no strict overseeing of the brokers’ operation or history. For that reason, offshore zones attract vast non-scrupulous, or shady brokerages that aim to attract clients, grab their funds, and disappear.

  • In regards to UKFinvest, as the company is relatively young in the market, still there is no cruel history of fraud or negative reviews from traders. Yet, the lack of regulation is a serious issue, when talking about trading and choosing a reliable broker. Besides the mentioned implemented security and protection the only thing trader remains is a good word from a broker.

UKFinvest Review

UKFinvest Review Conclusion

We strongly recommend to our readers and traders community carefully check on the broker and choose Forex brokers such as FXPrimus (Read about FXPrimus minimum deposit) and XM (Read about XM global) that are strictly overseen by sharp legit authorities in charge of smooth and fair offering to investors. For instance, CySEC or FCA Forex Brokers are rated among popular brokers and deliver various benefits towards clients with segregation of funds, and participation into compensation schemes besides its regular reporting on every operation to the authority in terms of misleading. 

UKFinvest Update

Based on our research, the UKFinvest website is inactive. This means the broker has muted its trading offering and does not operate. However, we recommend avoiding and staying alert in case of any proposals. 

No news available.

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