Uptos emerged as a forex broker on November 6, 2019, offering trading services in forex, commodities, indices, energy, stocks, and digital currencies to investors. The company's headquarters address is undisclosed. Uptos does not provide services to jurisdictions where it may violate local laws or regulations, such as the United States, the Islamic Republic of Iran, and North Korea.
Corporate Registration Information and Regulatory Status:
According to publicly available information on its official website, Uptos LTD is a financial investment company registered and operating under the laws of Saint Vincent and the Grenadines. The registered address is Suite 305, Griffith Corporate Centre, Saint Vincent & Grenadines, with the business number 25826BC2020. Information from a Whois search indicates that the broker's domain name was registered on October 23, 2006.
Upon verification, it was found that the Financial Services Authority of Saint Vincent and the Grenadines (SVGFSA) and the Commercial and Intellectual Property Office (CIPO) of Saint Vincent and the Grenadines do not have any record of an entity named Uptos LTD with the registration number 25826. Additionally, no official financial regulatory authorization and supervision from other jurisdictions were found for this broker.
Account Opening:
To open an account with Uptos, visit the broker's official website, click on "OPEN ACCOUNT" on the homepage, fill in the registration information form, and submit it. Once approved, you can successfully log in to your personal dashboard. After logging in, you need to upload identity verification documents to deposit funds and start trading.
Account Types:
Uptos offers six different types of real trading accounts: STUDENT, STARTER, PREMIUM, ADVANCED, PRO, and VIP.
The STUDENT account requires a minimum deposit of $250, a minimum trading volume of 0.01 lots, and uses the UpTrader trading platform. It does not provide Islamic accounts.
The STARTER account requires a minimum deposit of $2500, a minimum trading volume of 0.01 lots, and uses the UpTrader trading platform. It provides Islamic accounts.
The PREMIUM account requires a minimum deposit of $10,000, a minimum trading volume of 0.01 lots, and uses the UpTrader trading platform. It provides Islamic accounts and offers daily analysis and customer manager services.
The ADVANCED account requires a minimum deposit of $25,000, a minimum trading volume of 0.01 lots, and uses the UpTrader trading platform. It provides daily analysis and customer manager services but does not offer Islamic accounts.
The PRO account requires a minimum deposit of $25,000, a minimum trading volume of 0.01 lots, and uses the UpTrader trading platform. It provides daily analysis and customer manager services, fixed pricing, and Islamic accounts.
VIP account services require contacting a customer manager for details.
Trading Platform:
Uptos provides the UpTrader trading platform for users.
Deposits and Withdrawals:
Uptos supports deposits and withdrawals via credit cards.
Customer Support:
Users can contact Uptos for customer support via phone at 18552962786 and email at support@uptos.com.
Summary:
Traderknows reminds investors that Uptos' registration entity information is unclear, and the broker is not regulated. Traderknows advises investors to choose trading platforms that are transparent, legally regulated, and reputable to avoid unnecessary financial losses. Currently, Uptos is marked as "suspected fraud" on Traderknows.
