Contact
- Site: https://deep-trade.online;
- Email: [email protected]:
- Office location: Saint Vincent and the Grenadines.
General information
Upcotrade is an offshore company registered in Saint Vincent and the Grenadines. The list of available instruments on the platform includes currencies, stocks, commodities, cryptocurrencies, indices. The minimum deposit is $250. There is an opportunity to trade with leverage up to 1:400. You will not be allowed to train without risks on the platform.
According to legend, Upcotrade is a brand run by Global Media Group LLC from an offshore zone. There are no legal documents confirming legality on the site. However, we can say that St. Vincent and the Grenadines does not regulate the activities of brokerage organizations. There is a warning on the regulator’s website.
Before registration, the company suggests to familiarize yourself with the legal documents:
- Risk Disclosure Statement;
- Terms of Use;
- KYC Policy;
- AML policy;
- Privacy policy.
In the reviews, users write that they inattentively approached the study of internal documents and agreed to unfavorable conditions for themselves. As a result, they lost money and now they cannot make a claim to the company.
Upcotrade does not report work experience in the financial markets. A check using a specialized whois service showed that UPCOTRADE.COM was registered in October 2022. This is a new company, you cannot count on its honesty and reliability.
Summing up
We think that Upcotrade is another black broker. Registering on this platform is dangerous. The company does not comply with the agreements and works without legal documents. Share your personal trading experience on this platform, you can leave reviews under our review.
Scam! Scam! Scam! This company scammed me and stole almost $2,000. I do not recommend registering on the Upcotrade platform. As soon as I entrusted it with my money, employees stopped contacting me.
Upcotrade employees gave fake recommendations and I ended up with no money. Who will return the lost funds to me? I’m shocked at how the company treats customers.