Universal Group (universalgroup.vc) has been flagged by ASIC (Australia) for "Unlicensed". Addresses: Donau-City-Strasse 1, 1220 Wien, Austria This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: universalgroup.vc.
I closed a profitable position at Universal Group (universalgroup.vc) 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: Two-factor authentication|Copy trading available|Wide product range
Cons: No phone support on weekends
The so-called education at Universal Group (universalgroup.vc) is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for just over a year thinking they would help me learn.
Pros: Regular updates|Clean UI|Segregated accounts
Cons: Limited ETF selection|None so far