Is UboCapital a Scam?

UboCapital promises very high and quick returns to traders. But does this Binary Robot work or is UboCapital a Scam?

Since we haven’t gathered enough information yet, we cannot confirm that UboCapital is safe. You can Proceed to Safety OR Choose one of the Is-Scam approved and safe trading applications:

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UboCapital Review 

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.

Trading Platform 

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

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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.

Customer Support

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.

Final Conclusion

After detailed investigation our team concluded that this Binary Robot may not be safe.

The lack of enough real and unbiased reviews on the Internet only increases our uncertainty. This auto-trading system has not been able to achieve the profits advertised on their sales page. Unfortunately we cannot confirm that this robot is decent until traders provide positive feedback.

We recommend You to Proceed To Safety and Avoid Scams by Choosing a High Rated and Trusted Robot on


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10 Responses to “Is UboCapital a Scam?”

  1. UBO Capitals is a scam with incompetent Account managers and Brokers claiming to have fast withdrawals but just try withdrawing your moneys and you find out just how much of a scam they are
    I have requested 3 times to have my moneys returned as I am most unsatisfied with their mis management of my account.
    Not just losses but refusal to obey my requests and locking my money/account so that I cannot access my money or trades
    I have exceeded their 25 bonus trade agreement and they still refuse Outright to credit my withdrawal request
    I have lodged 3 complaints and have been ignored
    Avoid at all cost
    You can contact me for further details and evidence of my claims

  2. Definitely a Scam.
    They just took my money out of my account.
    Could not withdraw any money.
    Avoid at all costs.

  3. Mohd Shoki Arifin May 2, 2016 at 4:37 am

    I was in the same situation like you.Not only my USD2,200.00 is gone, brokers were telling lies and always answered in rude manner. Passwords keep on changing and had put me in a confused situation

  4. To the above commenter i am in exactly the same position! Please can you email me at [email protected] i would be happy to share my findings on this scam company, and to discuss a potential claim against them.

  5. Websites like these are incredibly misinformed and are not speaking from experience. They have not attempted to withdraw money so why are they claiming it to be so straightforward??? Why is no one regulating these bogus east african (seychelles to be exact) companies


    It is much worst than scam. Once you open an account and deposit your money there, the game is over for you and you will never be able to withdraw anything. I was stupid enough that (after many phone calls and beautiful promises) I did just that and lost ALL of my investment.
    David Goldstein, Henry Gillspie – if you ever hear those names – run away!!!

  7. I too have been scammed, I would be greatfull if you will share any info on this broker

  8. Lance Taylor June 27, 2016 at 5:48 am

    Don’t be fooled as I was by BEN COOPER the smooth talking South African – he will say all the right things and call you friend, BUT HE WILL RIP YOU OFF! I Lost over $6000NZD trusting this fraudster!

  9. Ubo Capital is a scam, Ben Cooper stole all My money. 187 500 Euro. He opened 35 positions 60 seconds trade so I would lose everything, he succeeded. It took hon 11 minutes.Then he closed all contact. How can this continue??

  10. UBO will without a doubt steal your money. They did this with 5 of us who trusted the smooth talking south african, Richard Edison, which sounds like he goes under the name Ben Cooper too. Avoid this company at all costs.

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