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Ultra Finance: A Fraudulent Scheme or Legitimate Investment Opportunity?

The Financial Conduct Authority, or FCA, has raised a red flag against the broker Ultra Finance. This is a major warning, and Ultra Finance has a number of issues. First of all, it lacks a license. This is a big problem since, for the protection of consumers, every broker needs some kind of license. Second, Ultra Finance has engaged in questionable activities, according to the FCA. These might include deceptive claims and unethical business activities.

Overview

Website ultrafinance.co.uk
Company Ultra Finance
Address 104-106 Welling High St, Welling, United Kingdom, DA16 1TJ
Phone +442038342799 +447956053458
Email info@ultrafinance.co.uk
Regulation Unregulated, Blacklisted

Is Ultra Finance Regulated?

Ultra finance is not regulated. They claim that they are regulated and licensed under the UK regulation but there is no proof supporting their claim. Also, they don’t provide any information about their owner or team members on their website.  Generally, UK enlisted or regulated companies have their own license number on their website. They can proudly show that to their visitors. But with other scammers, Ultra Finance hides their owner info, license information, and other regulatory information from their website. They hide these because they don’t have these.

Warnings From Financial Regulators

The Financial Conduct Authority has uncovered questionable business activities on the part of Ultra Finance. These might vary from unethical business activities to remarks that are intentionally misleading.

Is Ultra Finance Can Be Trusted?

Because we have discovered that these organizations lack the appropriate regulation and because at the beginning of this section, we indicated that these organizations have been marked as unlawful organizations, it is safe to say that Ultra Finance is not an organization that can be trusted.

What kind of currency pair do they offer?

Ultra Finance is an investment company. They offer loans to their customers in exchange for some fees. They contact their prospective customers and offers loan for their help. In exchange for that, they ask for a small fee. When you pay that they will ask for more showing several reasons.

Customer Support

You cannot find any kind of direct contact number to talk with them. You can only send emails but no direct chat option. It is quite unreal that an investment company has no direct contact number or chat option to contact. If you send them an email with the details of showing interest in taking a loan from them, only then they will contact you to take you into their scam trap.

Trading Method (MT4 or MT5)

As they are an investment or loan-giving company, they don’t use any kind of trading platform. Instead of that, when you will agree with them to take a loan from them, they will tell you to sign up and submit the fee through their portal. You will only see your profile with some fake information on loan sanction progress.

What Do Traders Think Of Ultra Finance?

It is advised that before investing money in a firm, you first check into what other people are saying about that particular business. This will help you from falling victim to an investment scheme that is designed to trick people out of their money.

After doing some research on various financial forums and social media platforms, we discovered that some people have had negative experiences with Ultra Finance and have written contrasting reviews about the company as a result.

It would seem that Ultra Finance is not a trustworthy investment organization; thus, you need to take this into mind before making any financial commitments.

What To Do If You Get Scammed?

We write these evaluations to alert customers of brokers and business opportunities that could be deceptive. Close your Ultra Finance account if you have one, then ask for a withdrawal. If your money is not returned, speak with PremiumRecoup straight soon. In addition to working to locate your cash and compile investigation findings, we will consult with you and help with fund recovery attempts.

File A Complaint Against Ultra Finance & Get Free Consultation

Final Thoughts
If you made a deposit using a Visa or MasterCard card, request a chargeback. Both card companies work to combat fraud and permit such requests within 540 days. It is much more difficult to get your money back if you used a wire transfer or an electronic payment solution, but you should still contact your bank or the company that provides your payment method to see what can be done.
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