Warning: Is UbitEx a Scam?

Investigation: UbitEx (ubx.one)

UbitEx (ubx.one) has been marked as a suspected fraud broker.

UbitEx claims to be a investment firm, but it appears illegal by any major financial regulator, like the ASIC or CySEC.

Cannot Withdraw from UbitEx?

If you think you were defrauded by UbitEx, act immediately. Fill out the form below to consult investigative experts for a free consultation.

Is UbitEx Legit?

Our investigation shows that UbitEx does not hold a valid license.

Investing with unregulated entities is highly dangerous. Trusted firms are must be registered with bodies like the FINRA or FCA to ensure consumer safety.

UbitEx lacks this supervision. As a result, there is no safety net if they withhold your funds. Most investment fraud involve unlicensed actors, and recovering money from them is hard without professional assistance.

For example, in Europe, unauthorized firms are not covered by the Financial Ombudsman. In the US, they are not members of regulatory bodies, meaning your money is completely exposed.

How They Steal Money

Investment fraud is getting smarter. Criminals use social engineering to take your savings. Here are common tactics used by brokers like UbitEx (ubx.one).

Dating App Scams

"Pig Butchering" is a cruel tactic where scammers build trust over months. They fake a relationship online. Eventually, they mention a secret investment. It is a lie to lure you onto a fake platform like UbitEx.

Fake Trading Dashboards

Scammers build websites that mimic legit trading apps. You see graphs and profits that go up. But it is a fake. The scammer controls the prices to make you feel rich so you invest more. If you ask for a payout, the "profits" disappear.

Red Flags

• Unsolicited Contact: You get calls from "brokers" out of the blue.
• Unregulated: The firm lacks legal registration.
• High Returns: They guarantee 1% daily returns with no risk.
• Withdrawal Issues: They refuse withdrawals. They ask for "tax fees" before releasing funds.
• Pressure Tactics: "Account managers" push you to invest bigger amounts.

Ignore fake reviews. Scammers frequently post their own positive comments to appear real.

Conclusion

UbitEx is unsafe. It is likely a scam. Save your funds and find a licensed broker. Avoid ubx.one at all costs.