Is UboCapital a Scam?
SummaryAfter a detailed research we cannot confirm that this broker is safe. We recommend you to Proceed to Safety with Trusted & Approved Binary Options Broker. Alternatively you can Skip the content and See the Conclusion.
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In this review, we will take a look at Ubo Capital to find out the truth about it. It is fairly new in the industry and that is why many people wish to know more about it. It is owned by United BO Limited located in Seychelles and it is operated by Global CPL limited.
Is UboCapital a Scam?
In case you are wondering if this system is a scam, then you are not alone. Many people are looking forward to knowing about it. Our team has not declared UboCapital a scam but as it is not an approved system, we suggest you to look for something more promising. There is no significant evidence about the positive results of trading so, it would be in your best interest to look for an alternative.
The trading platform provided has a user-friendly interface. It lets you trade even if you do not have significant knowledge in trading. It lets you trade in stocks, currencies, commodities and indices. You can readily trade 60 seconds up to days or even months. The system generates trading signals, which are used by the trader to make a trading move. The potential payout ratio is 72% so you will be making steady profits.
Account Types and Bonuses
There is no information about the account types offered by the system. Our team found that the only standard account is there for which you will need $200 initial deposit. The traders will enjoy bonus opportunities too. In order to qualify for the bonus, the trader must trade in volume 24 times the amount of bonus. For example, in case you received a bonus of $100 then you must have $2,500 or more in your account to withdraw. With so little information, it might not be a good idea to trade with this system. The system does not offer any demo account either.
How to Get Started?
Getting started with UboCapital is not a big deal. Follow the steps below to get started:
- Step 1: Sign Up – for the account and register yourself with the broker
- Step 2: Trade – Set the trading strategy and get earn profits
- Step 3: Withdrawal – Now it is time to withdraw the money
Deposit and Withdrawal Procedures
The deposit and withdrawal procedure is simple. Verification is required by providing photo identification, a recent copy of utility bill showing your name and address and the copy of your credit. Credit card and debit card can be used for the deposits and withdrawals. The withdrawals usually take 3 days and for the money to reach your account, 7 days will be needed.
Live chat support is provided. In case you have a query, you will find someone to respond to you. The support is 24/5 and there is a contact us form available too where you can enter information and the team will respond you back. Phone support is available for the traders.
UboCapital is not a place for new or inexperienced traders. They are providing basic educational materials to the traders. But our team did not find promising results about the earnings of this brokerage company. We suggest that you look for a regulated broker instead till we find out more about it.