Universal Forex
We checked Universal Forex against the AskCheck register. It has been reported (2022) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
Universal Forex is not a reliable broker for traders even though it states offers that look good to be true. Universal Forex claims to be licensed by the Australian Securities & Investments Commission (ASIC) with registration number: 169 338 336. However, we did not find any results matching Universal Forex in ASIC's registry. The regulatory info this broker claims is a false statement for unsuspecting traders. The truth is that Universal Forex is not overseen by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report Universal Forex.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.