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/10

Ubuntu Markets

South Africa South Africa | 2-5 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://www.ubuntumarkets.com/

Website

Rating Index

Influence

Influence

C

Influence Index NO.1

Nigeria Nigeria 3.07
Surpassed 13.30% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

+27 (0) 10 970 3080
https://www.ubuntumarkets.com/
TBE Morningside Block 4, 150 Rivonia Road, Morningside, Johannesburg, South Africa, 2057

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
South Africa
Operating Period
2-5 years
Company Name
Ubuntu We Sizwe 247 (Pty) Ltd
Email
info@ubuntumarkets.com
Contact Number
+270109703080
Account Info
Business Region
Verified Site
Relationship Map
Related Companies
Employees
About Us
News
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Comment

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Official Website

Verified Site

  • ubuntumarkets.com
    139.84.232.172
    Server Location
    South Africa South Africa
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

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VERANA SOLUTIONS LTD(Cyprus)
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Active
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Est. Date
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Employees

Company Profile

Company Profile

Review summary

Ubuntu MarketsReview Summary
Founded2021-09-29
Registered Country/RegionSouth Africa
RegulationUnregulated
Market InstrumentsForex, Commodities, Stocks, and Indices
Demo Account/
Trading PlatformMT5 (PC、Android、iPhone, Web)
Min Deposit5,000 USD
Customer Support+27(0)10 970 3080
WhatsApp: +27(0)62 088 4870
info@ubuntumarkets.com
support@ubuntumarkets.com
Facebook, Instagram

Ubuntu Markets Information

Ubuntu Markets is an online trading brokerage that offers various account types ranging from Ubuntu Lite to Ubuntu Black, meeting the needs of customers from beginners to elites. It covers a rich range of trading tools such as foreign exchange, stocks, indices, etc., and supports the MT5 trading platform. However, its services are restricted in Europe and the United States, the trading risk is high, and the minimum deposit for the Ubuntu Black account reaches one million US dollars. The platform has both trading advantages and limitations. This article will comprehensively analyze its services, risks, and the suitable customer groups to help you determine whether it is suitable for you to conduct trading on this platform.

Pros and Cons

Pros Cons
Diverse account typesUnregulated
Various trading instrumentsHigh trading risk
MT5 availableMinimum deposit of 1,000,000 US dollars (Ubuntu Black account)
Europe and the United States restricted

Is Ubuntu Markets Legit?

Ubuntu Markets claims to be an online trading brokerage operated by Ubuntu We Size Two Four Seven (Pty) Ltd and holds the FSP 52532 license issued by the FCSA (Financial Sector Conduct Authority). However, there is no clear evidence indicating that it is under supervision.

Is Ubuntu Markets Legit?
Is Ubuntu Markets Legit?

What Can I Trade on Ubuntu Markets?

On Ubuntu Markets, investors can trade various financial products, covering foreign exchange, stocks, indices, and commodities.

Tradable Instruments Supported
Forex
Commodities
Stocks
Indices

Account Type

Ubuntu Markets offers Ubuntu Lite, Ubuntu Prime, Ubuntu Premium, and Ubuntu Black accounts for investors ranging from beginners to professionals.

Account Type Ubuntu LiteUbuntu PrimeUbuntu PremiumUbuntu Black
Suitable forBeginnersProfessional/part-time investorsProfessional investorsElite customers (individuals/enterprises)
Minimum deposit5,000 USD25,000 USD100,000 USD1,000,000 USD

Trading Platform

The platform offers various trading platforms, including MetaTrader 5, Web Trader, and mobile trading applications (supporting Android and iPhone). MetaTrader 5 is a professional trading platform. Web Trader enables investors to directly conduct transactions on the web page without the need to install additional software. The mobile trading application allows investors to carry out trading operations anytime and anywhere.

Copy Trading

Ubuntu Markets provides the copy trading function, which is very friendly to novice investors.

Company Profile

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

News

WikiFX Overview on Ubuntu Markets

Exposure WikiFX Overview on Ubuntu Markets

Ubuntu Markets, registered under the name Ubuntu We Sizwe 247 (Pty) Ltd, is a South African broker that has garnered attention for all the wrong reasons.

Wiki Q&A

What is the regulatory standing and risk profile of Ubuntu Markets?

Ubuntu Markets is an unregulated entity operating without a license from any recognized financial authority such as the FSCA, FCA, or ASIC. This absence of credible oversight presents a severe risk warning to potential clients, as there are no mandated safeguards like segregated client funds or access to formal dispute resolution mechanisms.

04-02
United States

What is the license number of Ubuntu Markets?

Ubuntu Markets does not hold a verifiable license from a recognized mainstream financial regulator. Its regulatory status is categorized as 'No Regulation,' meaning it operates without the supervision of authorities such as South Africa's FSCA, the UK's FCA, or Australia's ASIC.

04-02
United States

Where is Ubuntu Markets registered?

Ubuntu Markets is registered in South Africa under the full entity name Ubuntu We Sizwe 247 (Pty) Ltd. The broker has been active for an estimated 2 to 5 years.

04-02
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

04-02
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

04-02
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

04-02
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

04-02
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

04-02
United States
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