The Official Website Of Union Wallet Cannot Be Accessed Normally At Present. The Company Seems To Have Closed Down. Therefore We Can Only Collect Some Relevant Information For Reference Only.
2022-06-17 France AMF Adds Union Wallet To Its Warning List
On June 17, 2022, The French Financial Marekt (AMF) Added Union Wallet To Its Warning List And Warned The Public That Union Wallet Provides Financial Services In France Without Authorization. You Can Visit The Following Website For Details: Https://www.amf-france.org/en/warnings/warnings-and-blacklists?conditions%5Bcategorie%5D=224.page=0.sort%5Bfield%5D=date.sort% 5Bsort% 5D = DESC
2022-07-15 We Have Confirmed After Review That Union Wallet Is An Unregulated Forex Broker
Union Wallet Claims To Be A Reliable Broker, But Does Not Provide Any Information About Its Regulation. Lack Of Such Important Information Can Be A Clear Signal For Unlicensed Traders, As Regulated Traders Always Display Their Certifications And Licenses To Operate In A Prominent Position. This Is A Red Flag.
In Addition, The French Financial Marekt Regulator (AMF) Added Union Wallet To Its Warning List And Warned The Public That Union Wallet Provides Financial Services In France Without Authorization.
In Fact, Union Wallet Is Not Regulated By Any Regulatory Authority. It Is Not Safe To Let This Dealer Hold Or Control Investors' Funds And Investors Cannot Be Protected By Any Law. It Is A Fake Trader.
Since It Is Now Impossible To Access This Broker's Website, We Are Also Unable To Obtain More Direct Details About Its Trading Assets, Leverage, Spreads, Trading Platform, Minimum Deposits, Etc.
As For Regulation, It Has Been Verified That Union Wallet 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: Union Wallet As A, Unregulated Broker, This 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 Investing In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious When Selecting Traders, And Remind Everyone To Stay Away From These Unregulated Ones As Much As Possible.
