Reported Website: https://ultimatefxoption.com/
ULTIMATEFX claims to be provide investment and trading services in forex, cryptocurrencies, indices, commodities, precious metals and other financial products. But the company presents zero details about its regulation and necessary trading documents (i.e. terms and conditions, privacy policy, risk disclosure, etc.). Lacking for such vital information is already a huge red flag for potential investors. It is a red flag here. Besides, ULTIMATEFX shows its company address is in the United States. As per the United States law, US residents and citizens are only permitted to operate with CTFC- and NFA-regulated forex brokers. Firms and individuals, who need to possess the relevant regulations issued by the National Futures Association (NFA) or the Commodity Futures Trading Commission (CFTC), will be allowed to solicit or approach US citizens. However, we did not find any match results to ULTIMATEFX in the above two regulatory bodies. The truth is, ULTIMATEFX is not under valid regulation by any regulators to provide investment services. Investors’ funds in this company are unsafe and cannot be protected by any law. It is a scam.
