Play word games with investors?UltimaMarkets supervised, but funds were secretly flowing to overseas island countries with the same name!

The new year has just begun, and the poisonous tongue immediately received the news that Ultima Markets won the high-standard award.It seems that UltimaMarkets couldn't wait to move out in January to "win the XX Award" to attract investors' attention!

At the beginning of this year, let’s take a look at how the Ultima Markets that have been prepared won the grand prize!

The former official website: https://www.ultimamarkets.eu/【Voided】

Official website A: https://www.ultimamkts.com/tc/

Official website B: https://www.ultimamarkets.com/tc/

Dushu Jun reminds novice investors that the platform launches a large number of bonuses, points, discounts, gifts and other rewards in Chinese, which usually has big problems.

In the "Regulations on the Management of Securities Brokerage Business" (CSRC Order [No. 204]), my country expressly prohibits "directly or disguisedly returning commissions, giving gifts and vouchers or providing other services that are not of securities business nature to investors." UltimaMarkets Chinese websites widely publicize that various gifts and gifts are obviously pure and illegal operations.

Back to UltimaMarkets' official website.

In the risk description column, Dushu Junjun discovered three suspicious points, so let’s talk about them separately.

Legal documents

The legal document bar opens not a legal text, but an extremely simple introduction: “Through our popular platform, you can access a variety of asset classes, including Forex, Precious Metals and Commodities, Indexes, Stock CFDs, Cryptocurrenciesetc. Through cutting-edge trading functions, UltimaMarkets can improve the MT4 user experience whether it is for novice Chu Ge or senior users."

Below are the legal documents of Mauritius and the posted entity name [UltimaMarketsLtd]

In the "Privacy Security Policy" option on the Create Account Page, UltimaMarkets emphasizes that [UltimaMarketsLtd] is regulated by Mauritius due to MT4 transactions.

The account creation page can be used in simplified Chinese. The investor options include mainland China and you need to check to agree to the account participation in service information, promotions and application support.

The real transaction with the Mauritius entity [UltimaMarkets Ltd] can almost be said to be a channel tailor-made for Chinese people!

wtw million insurance

The "million-million insurance" launched by UltimaMarkets, which claims to give investors a way out, is actually triggered by UltimaMarkets' bankruptcy.

Friends who are interested in detailed content can move the portal:

No business license!Black platform UltimaMarkets was publicly warned by the Malaysian Securities Regulatory Commission!

South Africa Financial Regulatory Authority

A sharp-eyed friend should have discovered that UltimaMarkets showed two regulatory information in risk disclosure:

【UltimaMarkets(Pty)Ltd】

Company registration number K2021950694, authorized and supervised by the South African Financial Supervisory Authority (FSCA).

【UltimaMarketsLtd.】

As an investment dealer, the supervision of the Financial Services Commission (FSC) authorized by the Mauritius (full service dealer, excluding underwriting) (license number: GB23201593)

What does it mean to not include underwriting?

If a financial company "does not include underwriting", it means it does not provide securities issuance and sales services, such companies may focus on other financial services, such as asset management, financial consulting, brokerage business, etc.

This is strange!Why does this "uninsured" entity mention the "Privacy and Security Policy" of the software channel registered by Chinese people? Is it said that the entity [UltimaMarketsLtd.], which has a real transaction on the UltimaMarkets platform, does not have transaction permissions??

MT4

Judging from the official website, there is an MT4 trading channel.

But what is unexpected is that this entity, also called [UltimaMarkets Ltd], is not an entity regulated by Mauritius in its privacy and security policy, but a St. Vincent entity of the same name!

The St. Vincent Financial Services Authority (SVGFSA) issued an announcement as early as March 22: Forex trading economic activities do not have a license in St. Vincent, and even if you register a St. Vincent Commercial Company, you cannot conduct foreign exchange trading and economic business.

However, as a broker, Ultima Markets did not even apply for a Saint Vincent license, but just took advantage of the convenience of the island country's financial center and used the tricks of the same name to change the concept!

Is this the dealer who won the "Excellent Trading Platform Award"?"The heart of stealing the sky and changing the sun" is obvious!

Leading novice Chinese investors to unregulated island countries, coupled with the "smooth" leverage claimed to be 1:2000, novice investors will easily be swept away with the "single-behind boss"!Do you dare to remit funds from unregulated island countries abroad for transactions?Submit articles, complain and complain?

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