Universalinvtpro is a foreign exchange broker established in 2023, mainly providing trading services in forex, precious metals, energy, indices, stocks, and cryptocurrencies. Its official website only supports English as the language of use. Although the company's official website has published registration information and claims to be regulated by Saint Vincent and the Grenadines, the registration information is false and cannot be verified, and Saint Vincent and the Grenadines do not support forex regulation.
The company's official website lacks transparency in information, with many key details not disclosed, and both regulatory and registration information are unreliable, posing significant financial risks.
Registration and Regulatory Information:
The Universalinvtpro official website states that the company is registered and regulated in Saint Vincent and the Grenadines. However, further investigation reveals that this registration information is false, with no company registered under the number 25198 found, and the Financial Services Authority of Saint Vincent and the Grenadines has a popup warning on its homepage, alerting investors that Saint Vincent and the Grenadines do not support forex regulation.
The broker's registration information is false, and it lacks valid regulation, presenting a high risk to users' funds.
Account Types:
Universalinvtpro offers four types of accounts: STP, VIP, ECN, Affiliate, each with different services allowing users to choose according to their needs.
The four account types have certain commonalities, such as using the MT4 trading platform and a maximum leverage of 1:2000; they also have differences, such as minimum deposits and whether commissions are charged, among other aspects.
Leverage Ratios:
Universalinvtpro has disclosed the leverage ratios of its four account types on its official website, with all four accounts having a maximum leverage of 1:2000,
Trading Products:
According to Universalinvtpro's official website, the company offers trading services in forex, precious metals, energy, indices, stocks, and cryptocurrencies.
Each type of product's interface contains some detailed data, including contract size, maximum leverage, minimum trade volume, and more.
Deposits and Withdrawals:
Universalinvtpro has disclosed information about the channels for deposits and withdrawals, including fees, advantages, and disadvantages of each channel, however, it has not disclosed other data such as processing times.
The openness of information related to deposits and withdrawals is low, which could result in significant information asymmetry.
Trading Software:
Universalinvtpro's official website reveals that the company offers the trading software MT4, also providing several download links through different channels. However, currently, all these links are reporting errors, and it is not possible to download and use them.
Customer Support
Universalinvtpro's official website only provides an email as a contact method, without offering phone numbers, physical office addresses, etc.
The lack of contact methods might lead to problems not being resolved in a timely manner.
Summary:
As a foreign exchange broker, Universalinvtpro offers a diverse range of trading products, including forex, precious metals, energy, indices, stocks, and cryptocurrencies, and has published some related parameters for each product. However, the broker lacks sufficient information in many important aspects such as company background, regulatory transparency, account information, and contact methods, in addition to not being regulated by any financial regulatory authority. For investors interested in trading with Universalinvtpro, conducting thorough research and risk assessment is essential.
Currently, Universalinvtpro is flagged as “suspected of fraud” on the Traderknows.
