Before you start trading with The Uptrend Center, or if you have any questions about the company, we recommend reading the following review on uptrendcenter.com.
There are numerous reasons to believe that uptrendcentre.com, or the Uptrend Centre, is not the regulated forex broker with years of expertise that it claims to be. Even if we hadn’t realized it, the uptrendcenter.com website gives us plenty of hints that this isn’t a professional financial services business. Let us take a closer look at what they are.
General Information on The Uptrend Center:
The Uptrend Center is not a particularly noteworthy broker, except in terms of how crooked a corporation may be. It lies about its location and regulations. In actuality, trade with the company is impossible – it operates solely to grab your money.
So much for its claims to be an industry leader. As a matter of fact, the company is so incredibly unimpressive that it does not even stand out among its competitors, other illegal and offshore businesses with the same problems. Reading these uptrendcentre.com reviews could save you a lot of time and money by letting you know what you’re dealing with ahead of time!
Uptrendcentre.com Regulations and Licensing:
There were no restrictions or licenses indicated on their website. They do list some legal papers, but only to avoid liability after stealing money from their clients. This broker is not trustworthy. This is because most of these businesses are run by SCAMMERS. Because there is no oversight, the criminals behind brokers like the one we are investigating can simply pocket any of your deposits, demand more and more, and then just cut you off and walk out the door with your money once you stop contributing or run out of funds.
The Uptrend Center refund policy appears to be copied and pasted from every other website you can locate, with some plagiarism even showing up on our tools. After barely twenty minutes of research, they are attempting to defraud people, but they can’t even accomplish that correctly. I’m not sure how many more warning signs we can ignore at this point.
They also post AML and KYC regulations since they need to demonstrate that they have some form of standard. Knowing this industry, finding both of these together with no genuine restrictions demonstrates that they require paperwork to steal from their clientele. Send them neither your ID nor your driver’s license. In that manner, you give them the option of stealing a large sum of money from you. The website uptrendcenter.com is a SCAM.
How does uptrendcenter.com work?
When you go to the website of a reliable broker, you can find recommendations for various trading accounts that are suited for investors with various preferences, as well as thorough explanations of trading factors like the minimum deposit, the order execution method, the tradable financial instruments, leverage, spread, swap, commissions, etc.
The website uptrendcenter.com lacks an explanation of trading accounts. The information on trading parameters is unclear and hard to understand, but it is useful because it gives us more proof that Uptrend Centre is a FRAUD.
The uptrendcenter.com website claims to provide conditions and services not available to licensed brokers, particularly those in the United Kingdom. Trading in cryptocurrencies, a variety of incentives and promotions, and leverage of up to 1:500 are some of these.
High leverage enhances the possibility of big profit while also increasing the risk of unexpected and excessive losses. As a result, all major authorities limit leverage for retail trading. The FCA, like EU authorities, limits leverage to 1:30 when trading major currency pairings and much lower levels when trading more risky assets. Australia presently follows the same regulations. The maximum limit in the United States is significantly greater, at 1:50. The stated minimum deposit is one hundred dollars. You might trade through a licensed broker, including several of the industry’s major brands, for the same or even less money.
Methods Of Withdrawal And Fees- Uptrend Center:
Uptrendcenter.com only accepts deposits from sketchy payment processors such as Cardpayz, Gateway, Amal, Paypound, and Cryptopayin.com. Legitimate brokers often provide clients with a variety of transparent payment methods, such as bank transfers, credit/debit cards, and well-known e-wallets like PayPal, Skrill, or Neteller.
The website and documents are vague about transaction fees and their amounts. The Customer Agreement states unequivocally that if you request that your account be closed, you will be charged an exorbitant cost of 30% of your balance. Accounts that have been inactive for more than 30 days are likewise charged a fee by uptrencenter.com.
What Can You Do To Get Your Money Back?
Hearing success stories about others in the cryptocurrency business might be very enticing. However, you must take extreme precautions to avoid falling victim to the many scammers who prowl the internet. These con artists pose as brokers and entice you with promises to handle the complicated aspects of investing for you.
If you approach such fraudsters, they will initially persuade you to give them a tiny initial sum of a few hundred dollars. They may even convince you for a time that your investment is making fantastic gains to persuade you to give them a larger sum. However, your money will not be invested. And you will discover that withdrawing your alleged gains or even your deposit is difficult.
Scammers may claim that a sudden change in the market has resulted in the loss of all your capital. Or, they may direct you to a secret section of their terms and conditions that says you can’t get your money out until you’ve traded a certain amount of volume. And they can just vanish since these scam sites conceal themselves behind fictitious identities and offshore corporations that are not subject to norms and regulations. If you find yourself in this situation without any genuine solutions, simply email us at firstname.lastname@example.org.
Is There Any Way To ChargeBack Them?
You could request a chargeback if you used a credit or debit card for the purchases. If you have provided the scammers with identification information, such as a copy of your identification card, you may be able to dispute their request. You should never trust people on the internet who say they can get your money back if you pay them upfront. These are also unquestionably con artists.
Unfortunately, there are no legitimate ways to recover lost funds from cryptocurrency investments made through these channels. All cryptocurrency investments are untraceable, making it hard to forecast where an investor’s money will end up.
Never put your trust in agents or recovery organizations. These are either independent scammers looking for “service fees” from users, or they are extensions of illicit broker activities. We can also help you prepare your chargeback case if you are unfamiliar with the process, unsure of how to get started, or concerned about how your bank or credit card issuer may react. Simply email us at email@example.com, but don’t specify where you saw this post or why you’re writing to us.
What Should You Do If You’ve Been Scammed?
If you become a victim of a scam, you should report it to the appropriate authorities in your country and spread the news online to alert other possible victims.
However, your chances of receiving your money back are limited. If you have been a victim of this, please leave your views and opinions in the comments part of this site. If you are approached by these people after they have converted to a different domain, please leave a review or notify us.
Final TakeAway- Uptrend Centre reviews:
Regrettably, there is currently no reliable way to get back any funds that were misused whilst trading on these platforms. Since all bitcoin transactions are untraceable, investors have no means of knowing what happens to their funds. Trusting recovery agents or organizations is a mistake.
Therefore, our ultimate objective is to prevent as many people as possible from tossing away their money. Investigate your prospective Forex broker thoroughly before making any kind of financial commitment to them. Our uptrendcenter.com review should prove useful, we think. Please contact us at firstname.lastname@example.org if you have any questions or need assistance with the withdrawal procedure.