Ultraprime4x Review: Ultraprime4x.com A Dangerous Broker

Ultraprime4x is an online trading platform that brags about being the most reliable broker. They aim to provide: Forex, indices stocks, and commodities, among other assets. They claimed that when you invest in the platform, you experience something extraordinary.

Accordingly, as you read this impartial review on Ultraprime4x, you might reconsider your investment decisions. The company showcases so many red flags, which will serve as a warning. In addition, at first glance at the website, you can immediately notice some murkiness.

Meanwhile, you can invest with these forex brokers for sensible profits. The company applies tried-and-tested strategies, unlike Ultraprime4x. They feature a terrible website that hardly provides any relevant information on the services they offer. Also, the ad trade is that you gain confidence in doing the right thing investment-wise through the platform.

Ultraprime4x assures customers of the reliability, and you get fast trade executions with a secure trading. The aim is to provide up to 89 different instruments to suit your trading needs. Through the platform, you get access to the financial markets in the way that you like. 

However, scammers are fond of promising you the world, yet they hardly have any strategies for attaining the same results.

Ultraprime4x.com Review

Ultraprime4x.com assures its customers of tight spread and low-cost trading, and they also have high liquidity prices. The company offers spreads from the pips. It provides 90 + trading symbols and 5 trading platforms that support up to 20 plus languages.

Furthermore, the company offers high leverage, 1:1000. Even so, high leverage is not advisable since when trades attract losses, you’ll end up losing a lot of money. The company does not have any sort of transparency, and this raises doubts about the promises they grant customers.

Ultraprime4x did not elaborate how the software is reliable for investing and how it beat the vast competition in the market. They do not showcase any algorithm that the software uses in attaining profit. However, automatic trading is preferable to humans, but purchasing the wrong tools will not benefit you.

Ultraprime4x fails to provide any details of the founders and the employees. They do not provide any qualifications information as well to affirm professionalism. You’ll end up relying on misleading directions from anonymous people. Scammers are fond of hiding personal data because they open clone companies and attempt to rob more money from innocent traders. 

How ultraprime4x.com Operates

Ultraprime4x.com only positive factor is its software is compatible with MetaTrader 5, which is well established for your trading needs. You can access their services by downloading the platform on various devices.

Moreover, they operate anonymously, and you cannot count on profit. Also, Ultraprime4x exposes multiple similarities to scammers. Hence for them to function any differently, the probability is very minimal. Ultraprime4x  offers more than 50 currency pairs, both major, with access to non-dealing desk executions. 

They will argue to see the one-time opportunity through various means. The profits they estimate an unknown. Often fraudulent companies overestimate the returns, and even well-established companies cannot attain similar results in the short periods. 

Ultraprime4x promises 10% cashback on all deposits. However, this is just an attempt to lure you into making a deposit, and you will not have access to the reward money. Once you deposit with the entity, you’ll only be making the anonymous people behind the company rich. In addition, they will cut off any communications with you upon receiving your funds.

Ultraprime4x does not showcase any evidence of previous trade transactions. Moreover, trade history for at least 3 months or more helps determine what to expect from the company. Also, they might be making not-so-pleasing returns, and search data does not welcome new traders.

Ultraprime4x Funds Safety

Ultraprime4x does not guarantee any safety of funds. Thus depositing with them is at your own risk. Additionally, the security of your money should be a top priority to consider in any entity before investing even a single dime.

Ultraprime4x shows a lot of obscurities, and you should stick to the demo account until they make further updates. They do not provide evidence of swift transactions from any customers. So for you to expect some sort of preferential treatment is absurd.

Furthermore, the only likely beneficiaries of the company are the mysterious people behind the entity. Scammers will result in keeping your money in personal accounts as they pursue a deal to wait for, never approaching results. 

They do not provide any banking details to verify the security of your cash.  Also, relying on unsung people puts your money at risk, but personal information may fall into the wrong hands.

Deposit and Withdrawals

Ultraprime4x minimum investment amount is $100. However, the platform showcases so many red flags as a warning from expecting services from them. The company does not reveal any funding options that you can use to put money into your account. 

Furthermore, wire transfer and cryptocurrency transactions are irreversible. So you should consider using the credit or debit option as it offers a chargeback of up to 540 days.

Ultraprime4x does not have a refund policy for you to claim your money if the services they offer do not meet your expectations. The company does not provide any evidence of successful withdrawals made by any customer. However, scammers hold your money for as long as they can

Ultraprime4x will expose you to hefty hidden commission fees. They do not reveal how long it takes to process withdrawal fees. You should have instant access to your funds upon withdrawal, and any sort of murkiness should serve as a warning. 

Customer Support

Ultraprime4x features two location addresses; 46 Shelton Street London WC2H 11JQ the United Kingdom and 1146 Leslie Street North York ON MC3 C2K 5 Canada. Accordingly, during our extensive research on the entity. The address does not have any relation to the address information.

Also, you can hardly count on the support information they provide. Ultraprime4x does not have any telephone contact, and you can only reach them via email and by filling out a section form on the website. 

Additionally, working customer support helps build more trust between you and the company. Ultraprime4x will cut off communications with you upon receiving your funds.

Regulation

Ultraprime4x claims to be in the UK. However, the FCA is responsible for issuing regulation documents in the same region and does not recognize the same company. They do not provide any regulation information.

Accordingly, you can count on these regulated companies for transparent services. You can easily find and verify the regulation information they provide with legit watchdogs. Ultraprime4x does not provide any founders’ information because it faces criminal charges for illegal operations. 

Unregulated companies often face bankruptcy since they can hardly afford the regulation fees. Ultraprime4x will easily break trading guidelines only, please. Also, it is illegal in almost all Nations to have access to public funds without adhering to regulation policies.

Final verdict

Ultraprime4x website lacks any information, and they do not provide any founder’s data or its style of operation. The company does not have any past transactions to help determine the trade outcomes to expect from the shady broker. The location address has nothing to do with the company, and anonymity is the stronghold for scam companies.

However, you can consider these forex brokers for sensible profits. They applied tried and tested strategies, unlike Ultraprime4x.com, which you should avoid at all costs.

 

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