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Universe Markets Review

Universe Markets

Universe Markets FX was an unlicensed Forex Broker, that is owned by White Square Trading Limited.

They list a virtual office address of: 131-151 Great Titchfield Street, London, W1W 5BB, United Kingdom. Phone number is +44 203 332 2935, and their email address is; support@universemarketsFX.com. Old Website: UniverseMarkets.com. New Website: UniverseMarketsFX.com.

For complaints and problems getting your money, read this.

 

Universe Markets Review

Universe Markets give their investors a simple and basic Crypto Currency & Forex CFD trading platform. Three types of options are available; IntraDay, Trend and Long Term Options. Underlying assets are mostly Currency Pairs, and the new Bitcoin / Crypto Currency pairs.

As you can see in the screenshot below, the returns offered on the Bitcoin option is 50% up or down. The website is available in English, Spanish and German. Minimum deposit for a new account is $250.

Bonus money is offered to new clients, and you need to be careful when accepting a bonus on your account. According to the brokers Terms and Conditions page, you will need trading volume of 30 times the bonus in order to withdraw your money, read more.

Universe Markets Trading Platform
Universe Markets Trading Platform

No License & Not Regulated

When the Scam Broker Investigator researches a new broker to determine if they are a scam or a legitimate brokers, we check for a license. Brokers in the United Kingdom must be authorised and regulated by the FCA. On May 24th 2018 the FCA issued a warning about this broker, see here.

Universe Markets is not a licensed broker.

They also list an address of Office 230, Scottish Provident Building, 7 Donegal Square West, Belfast, United Kingdom, BT1 6JH, on the Terms and Conditions page.

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You can find licensed and regulated brokers for Crypto trading here.

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Have you been trading binary options at Universe Markets? Please share your feedback with other traders in the comment section below.