Brief Look at uBanker
uBanker operated under license number 14627 from the Vanuatu Financial Services Commission (VFSC), but the license has since been revoked. The broker offered trading in currencies, indices, stocks, metals, energies, and raw materials. Instead of the standard MT4/5 trading platform, uBanker provided the questionable Mobile PROfit and Web PROfit platforms, which have received numerous complaints from dissatisfied clients. Many even suspected that these platforms operated on a proprietary artificial algorithm unrelated to actual trading.
Furthermore, many of the company's clients lost their funds due to uBanker resetting accounts, canceling transactions, refusing withdrawals, and blocking accounts. The broker is accused of running a fraudulent scheme, and most deceived traders believe the uBanker website was created solely to profit from client funds.
We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.
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