Score
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Quantity 6
Exposure
Score
Regulatory Index0.00
Business Index7.09
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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Company Name
United Market Ltd.
Company Abbreviation
Utdmarket
Platform registered country and region
United Kingdom
Company website
Company summary
Pyramid scheme complaint
Expose
Utdmarket cheated customers.
As far As I know, all dividend stocks in the cfd market pay 100% dividend. UTDmarket dose not pay 100% dividends to investors but only a small part.
The expert called Daniel placed a wrong order strengthened the position, which made my position closed.
The former named of Utdmarket is BBMtrade, which scammed many victims and changed its in early 2019.
Offer a bonus activity bu tthe fact is that you can't withdraw after depositing.
Many users are using Messaging apps such as Telegram, Whatsapp and many more. Once the scammers get your contact information they will message you and offer you something like money or making sweet talks to get your attention then after that they will ask for money and send it to them. Be vigilant about this matter. Don’t trust easily.
| UtdmarketReview Summary | |
| Founded | 2019-03-04 |
| Registered Country/Region | United Kingdom |
| Regulation | Unregulated |
| Market Instruments | Shares/Currency/Indices/Commodities/Metals/Futures |
| Demo Account | ❌ |
| Leverage | / |
| Spread | ultra-low |
| Trading Platform | MT4(Mobile/Web) |
| Min Deposit | / |
| Customer Support | Phone: +44 1865 600513 |
| Email: support@utdmarket.com | |
Utdmarket is a broker. The tradable instruments include shares, currency, metals, indices, commodities, and futures. The broker also provides PAMM and MAM accounts with ultra-low spread. Utdmarket is still risky due to its unregulated status and inaccessible office website.
| Pros | Cons |
| MT4 available | Unregulated |
| Various tradable instruments | Inaccessible office website |
| Unspecific information |
Utdmarket is not regulated, which makes it less safe than regulated brokers.
Traders can choose different investment directions because the broker provides shares, currency, metals, indices, commodities, and futures.
| Tradable Instruments | Supported |
| Shares | ✔ |
| Currency | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| Metals | ✔ |
| Futures | ✔ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Utdmarket provides PAMM and MAM accounts. Traders with a small budget can choose a PAMM account.
Utdmarket claims its spread is ultra-low.
Utdmarket has an authoritative MT4 trading platform for Mobile and Web. Junior traders prefer MT4 over MT5.
| Trading Platform | Supported | Available Devices |
| MT4 | ✔ | Mobile/Web |
Deposit and withdrawal methods include MasterCard, VISA, Paytrust, etc.
Traders can contact Utdmarket via phone and email.
| Contact Options | Details |
| Phone | +44 1865 600513 |
| support@utdmarket.com | |
| Supported Language | English/French/Spanish |
| Website Language | English/French/Spanish |
| Physical Address | / |
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