UMO Markets

Written by

in

CheckBroker register › UMO Markets
AC-505799

UMO Markets

⚠ Flagged on the register · High risk

We checked UMO Markets against the AskCheck register. It has been reported (2022) and carries the red flags below. Treat it with extreme caution.

Why it’s flagged

⚑ Unregulated / unlicensed

What we found

UMO Markets claimed to be registered with Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) with license number 25600BC2019. We can still find a matching result in SVG FSA. But please be informed that SVG FSA does not regulate forex activities or issues forex licenses. On 8 Jul 2022, BrokersView found the domain is not working, as most probably it was suspended and it is always a bad sign that broker's website is suspended. It is possible that UMO Markets is a scam.

Assessment source: FastBull BrokersView.

What to do next

  1. Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
  2. Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
  3. Report it to your regulator and to local police / action-fraud line so it’s on the official record.
  4. Add your report here so the next person searching this name is warned — report UMO Markets.
  5. Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.
Beware recovery scams. After a loss, fraudsters often return posing as “recovery agents” who guarantee your money back for an up-front fee. AskCheck is a free public checker — we don’t recover funds and we don’t guarantee funds can be recovered. Never pay anyone who promises a guaranteed recovery.

More posts