Universalwealthgroup.com Reviews Scam

Universalwealthgroup.com Reviews

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Universal Wealth Group Review

Universalwealthgroup is an unregulated broker that promises customers massive trading outcomes. This is a scam and you should stay away from it. If your funds are stuck on Universalwealthgroup, you should try to withdraw them by all means possible. This way, you will have proof to present to authorities if they refuse to process your withdrawal request.

Risks

Investing money through anonymous platforms puts your funds at risk of being stolen. They also put your personal data in the wrong hands, which could attract criminal activities. It is important to make sure you are dealing with a regulated firm that has the highest level of transparency and security.

Universal Wealth Group is a scam and has been blacklisted in multiple countries. Its website displays fake regulatory licenses and addresses, which should serve as a red flag. It also does not offer a demo account to test its platform before investing real money.

Its trading platform, ProWave, is only compatible with web browsers, rather than a mobile app. It is unlikely that a broker with this kind of interface will be trusted by traders. In addition, it has no customer support team to help you with your questions. This is another red flag, as a good broker should have an active customer support team to answer your questions instantly.

Reliability

Universal Wealth Group is a fraudulent company and should be avoided at all costs. If you have deposited money with them, contact your bank and ask for a refund. Credit cards offer a refund option known as chargeback, which can be used to get your money back if you have been scammed by an online investment platform.

The firm claims to have a huge following that relies on their trades, but their traffic margin is too low to verify this claim. They also lack any trading history that would help traders avoid losses. The site also does not offer a mobile trading application.

A reliable platform should display a license from the relevant regulator and support multiple payment methods. In addition, it should also have 24/7 customer service to address your concerns and complaints. You should also look for a reputable service like MyChargeBack, which can assist you with the chargeback process if you have lost money with Universal Wealth Group.

Chargebacks

If you have sent money to Universal Wealth Group via an online payment system you can try and make a chargeback. However, you must remember that not all online payment systems allow chargebacks. If you want to use this option, you should contact the company immediately and make it clear that you will go to the police if they don’t refund your money.

The firm claims to have a massive following benefiting from their trades, but you must be careful. You should also check for verified testimonies on the web.

The broker uses a simple web-based platform called ProWave. The lack of a professional trading software like MetaTrader is a red flag, as it exposes you to malicious third parties that may steal your money. The broker’s website also does not provide any bank data that can confirm that your funds are secure.

Customer support

Universal Wealth Group offers a simple web trading platform called ProWave. However, this broker does not offer a mobile app or professional software like MetaTrader. This is a red flag as it means the firm may be prone to fraud. The lack of an official trading platform also exposes traders to security risks.

Scam brokers often cut off communication upon receiving a deposit, and this is a clear sign that they’re not worth your trust. In addition, they encourage investors to deposit money through non-refundable methods such as wire transfers and cryptocurrencies. This makes it easier for them to disappear without a trace.

If you’ve deposited funds with UniversalWealthGroup, contact your bank immediately. Most online payment systems allow chargebacks within 540 days, which can help you recover your funds from a fraudulent company. If your transaction was made with a credit card, you can use MyChargeBack to file a claim. This service simplifies the process and ensures that your money is protected.