Unitedglobaltrustbanks.com has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services|Regula...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Unitedglobaltrustbanks.com 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: Stable platform|Dividend tracking
Cons: No phone support on weekends
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Unitedglobaltrustbanks.com 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.
Pros: Website looks legitimate on the surface
Cons: Not registered with regulators|Unrealistic promises
Tried to withdraw my funds from Unitedglobaltrustbanks.com 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: Cannot withdraw funds|Not regulated|Pressure tactics
If you are reading this considering Unitedglobaltrustbanks.com - run. I wish I had read more negative reviews after a trusted YouTuber reviewed them. I thought the positive ones were real. Maybe some are. My experience over for a couple of months now has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Wide product range|Real-time alerts|Intuitive for beginners|Good analytical tools
Cons: Email notifications too frequent|Withdrawal takes 1-2 business days
Unitedglobaltrustbanks.com seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Multiple order types|Easy to use platform|Risk management tools|Easy withdrawals
Cons: Limited demo account features|Currency conversion fee exists
For anyone considering Unitedglobaltrustbanks.com, please be aware that this company has been flagged by Financial Conduct Authority. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.
Cons: Flagged by international regulators|Due diligence required
I signed up with Unitedglobaltrustbanks.com after comparing multiple platforms 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: Educational resources|Fast execution|Excellent charting|Dedicated account manager
Cons: Would like more payment methods|Search feature is basic
What really bothers me about Unitedglobaltrustbanks.com is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them while looking for alternatives to my previous provider and I fell for the polished exterior. Never again.
Pros: Dividend tracking|Smooth onboarding|Automated trading options
Cons: Mobile app could be improved|Withdrawal takes 1-2 business days
I closed a profitable position at Unitedglobaltrustbanks.com and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Clean UI|Segregated accounts|Customizable dashboard
Cons: Research section could be deeper