Uniontrade has been flagged by Autorité des marchés financiers for "Unregistered/Unlicensed entity offering financial products or services". Uniontrade is not registered with the Autorité des marchés financiers (AMF) and is not authorized to solicit investors in Québec.
Last known city: Quebec, Canada. This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: uniontrade.io.
Where do I even begin with Uniontrade? since I opened my account last year of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Detailed reporting|Comprehensive tools|Helpful community forum
Cons: Onboarding videos are outdated
The spread at Uniontrade is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them from a review site like this one and initially thought the platform was good - until I started trading seriously.
Pros: Great customer service|Full transparency|Market news feed
Cons: Website design could be more modern
I signed up with Uniontrade after reading several online reviews and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Dedicated account manager|Portfolio tracking tools|Wide product range|Clear documentation
Cons: Alert system is basic|No crypto staking
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Uniontrade is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Pros: Initially responsive customer service
Cons: Blocked my account|No legitimate license|Fake returns
Uniontrade had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Comprehensive tools|Regular platform improvements|Easy withdrawals|Economic calendar
Cons: Onboarding videos are outdated
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: Appears in regulatory warnings database|Uncertain regulatory status
I invested $2,000 with Uniontrade after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Autorité des marchés financiers.
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Uniontrade 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: Listed in warning databases|No transparency|Pressure to invest quickly