The Official Website Of Ultimatebitcash Cannot Be Accessed Normally At This Time. The Company Appears To Have Gone Out Of Business. Therefore We Can Only Gather Some Relevant Information For Reference Only.
2022-06-10 Malta MFSA Adds Ultimatebitcash To Warning List
On 10 June 2022, The Malta Financial Services Authority (MFSA) Issued A Warning Stating That Ultimatebitcash Is Not A Registered Company In Malta And Has Not Obtained A License From The MFSA To Operate Or Otherwise Authorised To Provide Investment Services Or Other Financial Services Under Maltese Law. You Can Visit The Following Website For Details: Https://www.mfsa.mt/news-item/mfsa-warning-ultimatebitcash-unlicensed-entity/
2022-07-18 BrokersView Has Reviewed And Confirmed That Ultimatebitcash Is An Unregulated Foreign Exchange Broker
Ultimatebitcash Claims To Be A Reliable Broker With Multiple Regulations, Including:
1) Malta Financial Services Authority (MFSA);
2) UK Financial Conduct Authority (UK FCA);
3) German Federal Financial Supervisory Authority (BaFin);
4) French Financial Marekt Authority (AMF);
5) Commissione Nazionale Per Le Società E La Borsa (CONSOB).
We Did Not Find Any Matching Results For This Trader In FCA, BaFin, AMF And CONSOB. This Means That Ultimatebitcash Is Not Regulated By The Four Regulators Mentioned Above To Provide Financial Services.
However, We Find In The MFSA That This Regulator Has Issued A Warning Against Ultimatebitcash. The MFSA Warns The Public That Ultimatebitcash Is Not A Registered Company In Malta And Has Not Obtained A License From The MFSA To Operate Or Otherwise Authorised To Provide Investment Services Or Other Financial Services Under Maltese Law.
The Fact Is That Ultimatebitcash Is Not Regulated By Any Regulatory Authority. It Is Not Safe For This Dealer To Hold Or Control Investor Funds And Investors Cannot Be Protected By Any Law. It Is A Fake Trader.
Due To The Inability To Access This Broker's Website At This Time, We Are Also Unable To Obtain More And More Direct Details About Its Trading Assets, Leverage, Spreads, Trading Platform, Minimum Deposit, Etc.
As For Regulation, It Has Been Verified That Ultimatebitcash Does Not Currently Have Any Valid Licenses.
But Most Non-compliant Brokers Will Not Disclose Providing Other More Direct And Truthful Contact Information, Such As Phone Numbers Or Company Addresses.
Note: Ultimatebitcash As A, Unregulated Broker, Which Means That Clients' Investments May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold Companies Accountable, The Lack Of Regulation Increases The Risk Of Potential Financial Losses.
If You Invest In An Unregulated Broker, They Are Likely To Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious And Remind Everyone To Stay Away From These Unregulated Brokers As Much As Possible When Choosing A Broker.
