Uptos Review 2025
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Updated:
Reason to avoid: Offshore License
Listed Date: July 15, 2020
Top 3 Forex Brokers
Beware Uptos is a Non-Regulated broker. It is NOT SAFE to trade.
Advertising Disclosure
Updated:
Reason to avoid: Offshore License
Listed Date: July 15, 2020
Beware Uptos is a Non-Regulated broker. It is NOT SAFE to trade.
Uptos 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.
🗺️ Registered in | St. Vincent and the Grenadines |
🗺️ Type of License | Offshore License |
🛡️ Is Uptos safe to trade | No |
🗺️ Recommended Licenses | FCA in UK 🇬🇧 & ASIC in Australia 🇦🇺 |
🖥 Alternative Broker | GO Markets - licensed by ASIC in Australia |
“CONSOB availed itself of the powers deriving from the “growth decree” regarding the blackout of the sites (including Uptos LTD (website www.uptos.net) of abusive financial intermediaries, as well as the new power introduced by Law no. 8 of 28 February 2020, regarding the blackout of the site through which the abusive bid is made.”
Since our research revealed multiple issues in respect of Uptos regulation and reliability, we do not rank positively Uptos, based on our Expert Opinion with over 10 Years of experience in Forex Trading.
Ranking | Uptos | XM | BlackBull Markets |
---|---|---|---|
Our Ranking | ⭐ | ⭐⭐⭐⭐⭐ | ⭐⭐⭐⭐⭐ |
Is Broker safe? | No | Yes | Yes |
Advantages | None | Trading Platforms | Favorable Fees |
Based on the Uptos regulations and safety issues we revealed during our research, we suggest much better Alternatives to Uptos with good regulations and excellent conditions. We select Good Brokers and trustworthy options for your comparison below:
Uptos allows Indian traders to open accounts and trade. However, Uptos has no mention of complying with any Indian regulators on its website. It is also worth mentioning that Forex trading is actually prohibited in India. The broker is not regulated by any regulatory body in India, that’s why money safety may be the issue here.
The United States is one of the countries that is not accepted by Uptos. As per U.S law, brokers regulated by CFTC are the only brokers allowed for USA traders. So, except for Uptos, you are only permitted to trade with the U.S-regulated platforms.
The minimum deposit is $250. Traders can deposit with Credit/Debit Cards, American Express, PayPal, Skrill, and Wire Transfer. The broker does not charge any deposit fees.
The broker offers an UpTrader platform. The platform offers advanced financial trading functions, as well as tools for technical and fundamental analysis. UpTrader can also trade automatically by using trading robots and trading signals. In addition to the desktop and mobile versions, the platform is available on the web and can be accessed from any device and is available on Windows, Android, and Apple.
Uptos does not offer a demo account, which is a drawback too.
Even though the trading offering might seem quite attractive at Uptos, the offshore status of the company does not guarantee the provision of services at the necessary level of client and fund protection. For that reason, we would advise choosing the broker more carefully and checking on at the first step the broker’s regulation status.
Reputable firms that hold FCA, FINMA, or other licenses are established in accordance with international standards, protecting clients at every step and even compensating the trader in case if the things go wrong with the company. Thus we advise to sign in with regulated brokers like Pepperstone and TMGM.
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Il Presidente del Tribunale di Firenze mi ha concesso ordine di pagamento immediato contro UPTOS
Il Procuratore della Repubblica ha dichiarato questa condanna valida in tutto il mondo.
L’Ufficiale Giudiziario Ha notificato l’atto di condanna contro UPTOS in tutte le sedi operative di UPTOS, con la richiesta di condanna penale contro UPTOS e contro chiunque ha usato il telefono o il PC per rubare capitali.
Presto i truffatori saranno arrestati e saranno accolti in carcere, dove non possano più fare del male alle persone oneste.
Avvocato Marcello Stanca Firenze
The President of the Court of Florence has granted me an immediate payment order against UPTOS
The Public Prosecutor declared this sentence valid all over the world.
The Bailiff has served the conviction against UPTOS in all the operational offices of UPTOS, with the request for a criminal conviction against UPTOS and against anyone who used the telephone or PC to steal capital.
Soon the scammers will be arrested and taken to jail, where they can no longer harm honest people.
Lawyer Marcello Stanca Florence
Ich war beiden uptos Plattform for ca.6 Monaten aktive aber zu spät gemerkt dass sie betrüger sind ca 12000 usd investiert aber dürfte nicht ausgezahlt werden.
Bitte nicht Ihre anydesk Nummer geben sie greifen auf ihre privat daten sonst die werden alles löschen was sie auf ihre Händy haben, oder speichern sie ihre Fotos… in USB