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UnionTrust

Operating status: SCAM

Website: https://uniontrustltd.com/

Broker violations and abnormal records
  • Apr 11, 2023 The UK regulator FCA issued a warning against UnionTrust

    On April 12, 2023, the Financial Conduct Authority (FCA) issued a warning against UnionTrust, believing this broker might be providing financial services or products in the UK without authorization: https://www.fca.org.uk/news/warnings/union-trust-ltd-uniontrust

    On April 12, 2023, the Financial Conduct Authority (FCA) issued a warning against UnionTrust, believing this broker might be providing financial services or products in the UK without authorization: https://www.fca.org.uk/news/warnings/union-trust-ltd-uniontrust
  • Apr 12, 2023 BrokersView has reviewed that UnionTrust is an unregulated broker

    UnionTrust claims to be operated by UnionTrust Ltd., a company regulated by the Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), and the Financial Services Conduct Authority (FSCA). However, our search for this broker in those above-mentioned regulators' registries didn't yield any matching results. That means, it is using false information to deceive unsuspecting investors. Moreover, the FCA has issued a warning against UnionTrust for illegally offering financial services or products in the UK without proper authorization.

    In essence, UnionTrust is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

    UnionTrust claims to be operated by UnionTrust Ltd., a company regulated by the Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), and the Financial Services Conduct Authority (FSCA). However, our search for this broker in those above-mentioned regulators' registries didn't yield any matching results. That means, it is using false information to deceive unsuspecting investors. Moreover, the FCA has issued a warning against UnionTrust for illegally offering financial services or products in the UK without proper authorization.In essence, UnionTrust is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

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