Reported Website: https://universalforex.ltd/
Universal Forex is not a reliable broker for traders even though it states offers that look good to be true. Universal Forex claims to be licensed by the Australian Securities & Investments Commission (ASIC) with registration number: 169 338 336. However, we did not find any results matching Universal Forex in ASIC’s registry. The regulatory info this broker claims is a false statement for unsuspecting traders. The truth is that Universal Forex is not overseen by any regulators. Investors’ funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
