Wealth Management

Ufunded

1.4 (7 reviews)
🇧🇪 Belgium
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1.4
7 reviews
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About Ufunded

Ufunded has been flagged by Financial Services and Markets Authority for "Fraud and Other Types of Misconduct". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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Warning to all investors

R
Richard V.
2 weeks ago

Tried to withdraw my funds from Ufunded 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.

Pros: Professional looking website

Cons: No regulatory oversight|Money disappeared|Fake testimonials

Total fraud - reported to authorities

M
Megan K.
3 months ago

I want to warn everyone about Ufunded. They have been flagged by Financial Services and Markets Authority as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.

Cons: No regulatory oversight|Money disappeared|Fake testimonials

I have filed a complaint

C
Courtney V.
4 months ago

Ufunded has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.

Pros: Transparent fees|Economic calendar|Real-time alerts

Cons: Onboarding videos are outdated|No integrated tax optimization

Disgraceful treatment of customers

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Helen A.
4 months ago

I requested my data from Ufunded under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.

Pros: Responsive team|Comprehensive tools

Cons: Wait times can be long during peak hours|Desktop app not available on Linux

Do your due diligence first

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Peter W.
8 months ago

This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.

Cons: Flagged by international regulators|Due diligence required

Migration from old platform was a mess

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Liam Z.
11 months ago

Opened my account with Ufunded after a friend recommended them and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.

Pros: Clean UI|Automated trading options

Cons: Wish they had more educational resources

Proceed with extreme caution

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Susan H.
11 months ago

I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Ufunded 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: Not registered with regulators|Unrealistic promises