Uniglobe Markets is an unregulated offshore broker soliciting clients in North America, Europe and Asia. As is typical for an offshore broker, it does not comply with the regulatory requirements of the FCA or ESMA and offer regulatory regimes. It offers, for example, leverage of up to 1:500. The operator is Uniglobe Markets Ltd, registered in St. Vincent & The Grenadies, and the broker shows an impressive performance on Facebook with more than 157,000 followers and several daily postings. You should avoid unregulated offshore brokers at all costs.
|Trading name||Uniglobe Markets|
|Legal entity||Uniglobe Markets Ltd (est. Sep 2021)|
|Corporate advisor||Wilfred Services Ltd|
|Payment processors||Perfect Money, OnlineNaira,|
Neteller, SticPay, Skrill
Regulation Scheme (FSRS)
Of course, the Uniglobe Markets website does not disclose any information about the operators. On LinkedIn, 21 people from various jurisdictions are connected to the offshore broker.
They should be aware that with an offshore broker they are not entitled to Investor Compensation Schemes and likewise they are not entitled to Financial Ombudsman support. In addition, you are not entitled to the protection of your data. Uniglobe Markets’ membership with Financial Services Regulation Scheme (FSRS) is worth nothing. This is neither a regulator nor a recognized organization.
In the Terms and Conditions, Uniglobe Markets pushes all legal obligation onto the customers. This is legal and regulatory nonsense.
You understand that the laws regarding financial contracts vary throughout the world, and that it is your, and only your obligation alone to ensure that you fully comply with any law, regulation or directive, relevant to your country of residency, with regard to accessing and/or using our Online trading facility.UniglobE Markets Terms and Conditions
You should stay far away from Uniglobe Markets and other unregulated offshore brokers. Especially when it comes to high risk products like Forex, CFDs or Crypto.
If you have any information about Uniglobe Markets and its operators, please share it with us through our whistleblower system, Whistle42.