"Unpacking Unique Capital: A Review of Its Legitimacy"
Unique Capital is a brokerage firm that claims to offer a unique trading experience to its clients. However, the reality is far from what the company promises. There have been several reports of fraud and malpractice by this trading, which makes it one of the most unreliable brokers in the market.
Is Unique Capital a Licensed Broker?
The first thing one needs to consider before investing in a broker is whether it is licensed. In the case of Unique Capital, the answer is no. It is not registered or regulated by any financial authority, which is a huge red flag for traders. We tried to find a single piece of information about their regulation, but nothing was found. But, we found two warnings from CySEC and FCA. They are not licensed or regulated.
Why Should You Not Trust an Unlicensed Broker?
Unlicensed brokers do not have to abide by any rules or regulations set by financial authorities, which makes them more prone to fraudulent activities. Moreover, they do not have any third-party accountability, making it easy for them to engage in unethical practices, such as manipulating trades, withholding funds, and misleading clients.
Can Unique Capital Be Trusted?
No, Unique Capital cannot be trusted. Its unlicensed status alone is enough to question its credibility. Furthermore, there have been multiple complaints from traders who have lost their money due to unethical practices by the broker.
What Do Traders think About Unique Capital?
Traders dealing with Unique Capital have expressed frustration and anger at the company’s unethical practices. Many have reported that the broker’s customer service is poor, and they do not receive any support when they encounter account issues.
Scammed by Unique Capital? – Talk To Our Experts
If Unique Capital has scammed you, submit your complaint to us. We will provide you with a free consultation and service recommendations to help you recover the lost fund.
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