Should I Invest My Cash With UBanker?

Investors & Traders ForumCategory: Broker QuestionsShould I Invest My Cash With UBanker?
Paul asked 1 week ago

Dear Wise Investors,

I recently read an article on News24 about how I can make my by investing with UBanker. The article said that there are profits to be made by following expert traders, who are investing in Crypto Currencies and Forex pairs.

I signed up, and they directed me to deposit money at the brokers UBanker.

Has anyone from South Africa invested with this company UBanker, and have successfully withdrawn their profit?

I have been burned before using a Forex trading broker that took a long time to give me my profits, and another broker which did not let me withdraw my money. It says that UBanker is in Vanuatu, do they have a good regulatory oversight system?

Thank you,

Paul

1 Answers
Best Answer
Scam Trading Brokers answered 1 week ago

Hi Paul,
It is a smart move to ask the forum before investing your hard earned money.
When it comes to picking a Forex broker to invest with, we always only recommend using a locally licensed broker.
Your broker should be licensed and regulated in your home country. Like ASIC in Australia or the FSB in South Africa. You should check out the list of Popular Forex brokers.
If you are looking for trading signals or copy trading software, go read this.
Best of luck!

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