UBLEU has been flagged by Comisión Nacional del Mercado de Valores for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
UBLEU advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Excellent charting|Customizable dashboard|Comprehensive tools
Cons: No fractional shares
I wanted to transfer my portfolio from another broker to UBLEU. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Multiple order types|Helpful community forum
Cons: Limited demo account features
UBLEU changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: API access|Helpful community forum|Excellent charting|Intuitive for beginners
Cons: Limited demo account features|Nothing significant
After since the beginning of the year with UBLEU, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: Intuitive for beginners|Automated trading options
Cons: Research section could be deeper
KYC with UBLEU is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Educational resources|Comprehensive tools
Cons: Slow to add new assets
What really bothers me about UBLEU is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them through a podcast recommendation and I fell for the polished exterior. Never again.
Pros: Helpful community forum|Regular updates|Competitive fees
Cons: Limited demo account features
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. UBLEU recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Comprehensive tools|Market news feed|Stable platform
Cons: Charting tools need more indicators
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that UBLEU has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Cons: Flagged by Comisión Nacional del Mercado de Valores|Cannot verify credentials
Tried to withdraw my funds from UBLEU and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.
Cons: Blocked my account|No legitimate license|Fake returns
Customer support at UBLEU seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: Tax reports included|Great customer service
Cons: Minor UI glitches occasionally|Would like more payment methods