Universy Invest Review: Is This Company a SCAM or Not?

Universy Invest - logo
Rating:
1.3

Welcome to this review of Universy Invest, a brokerage firm with a name that certainly catches attention. We will investigate whether this company is a scam or not. Stay tuned for a complete breakdown of the facts.

Universy Invest General Information

Website https://universyinvest.com/
Phone Number
Email support@universyinvest.com
Address
License
Minimum Deposit
Assets CFDs
Leverage 1:400
Trading Platform WebTrader

Registration and Client Portal Review

The official Universy Invest website leaves much to be desired. The first issue is the excessive use of animations, causing severe lag and slowdowns while trying to browse the website. Additionally, it is full of empty words and grandiose phrases that ultimately fail to provide any valuable information. Despite numerous attempts to find information on the managing company, nothing useful could be found. By the way, the website is the face of the company. And if the broker cannot even take care of their own face, how can we trust it to take care of our investments? In conclusion, this platform fails to deliver essential information, and its poor design and lack of substance do not inspire confidence in the company.

Website

The registration process with Universy Invest is straightforward and easy to complete. However, the lack of email and phone verification is concerning, as it suggests that the broker does not place a high priority on security. Without verifying a client’s email and phone number, the company is essentially letting anyone register and use its platform. This is a significant security flaw, as it means that anyone can use another person’s information to sign up and potentially access their account.

Registration

The client portal of Universy Invest is far from user-friendly. Upon logging in, clients are immediately redirected to the deposit page, which can be frustrating and confusing. It is apparent that the broker prioritizes generating deposits over providing a positive user experience. Navigating through the portal is a cumbersome process, with the layout and design leaving much to be desired. Finding essential information such as trading history can be a time-consuming task, making it difficult for clients to manage their accounts efficiently. Overall, the Universy Invest Client Portal of this broker fails to provide a smooth user experience, and the focus on pushing deposits over user satisfaction is a significant drawback.

Universy Invest - Client Portal

Universy Invest Trading Conditions

Even at this stage, we have no doubt that Universy Invest is unlikely to be a good option for trading. We are sure that after studying the trading conditions, this opinion will only strengthen.

Account Types Review

Universy Invest offers four different trading accounts, but they are almost indistinguishable from one another. The only difference between them is the level of premium features offered, such as higher leverage and tighter spreads. However, the broker does not provide clear information on the minimum deposit required for each account. This can be frustrating for traders looking to choose the right account for their needs.

It seems that Universy Invest is more interested in upselling clients to higher-premium accounts rather than providing transparent information about their offerings. Additionally, the lack of differentiation between accounts means that clients may not be getting the level of service they expect for their investment.

Trading Platform

The trading platform of Universy Invest leaves too many questions. First, it’s only available as a WebTrader, with no option to download a desktop version. Second, the platform is not available in the Client Portal at all, which is a huge inconvenience for traders. It seems that the only way to access the terminal is to deposit funds first, which is not a good sign. Moreover, there is no demo account available, which means that traders cannot test the platform’s functionality and user-friendliness without risking real money.

Universy Invest — Deposit and Withdrawal of Funds

In reality, Universy Invest only supports deposits and withdrawals in cryptocurrencies. This can be a significant drawback for many traders, especially those who prefer traditional payment methods or are not familiar with crypto. It also raises questions about the legitimacy and transparency of the broker’s operations, as cryptocurrencies are often associated with anonymity and lack of regulation. Moreover, this can lead to additional costs and complications for traders, such as having to set up a crypto wallet and deal with the volatility of the crypto market.

Verification

Despite accepting deposits in cryptocurrencies, Universy Invest still requires verification from its clients. Interestingly, you can deposit funds before completing the verification process, but cannot withdraw any funds without it. This is not only a bad practice, but also an indication of potential fraud, as the broker can hold clients’ funds hostage until they provide personal information for verification.

Is Universy Invest a Scam?

Only after reviewing the trading conditions and the site, we have already found several signs of fraud. However, we will continue this investigation.

Universy Invest does not provide any legal information, which is a major red flag. Without any legal documentation, clients have no way of knowing who they are dealing with, what their rights and obligations are, or how the broker is regulated (if at all). In fact, it is very likely that this is just an anonymous website with no legal entity behind it at all. This lack of transparency and accountability is extremely concerning, and clients should be wary of doing business with such an untrustworthy entity.

Universyinvest.com Domain Info

Universy Invest has been operating for a short time, as demonstrated by the domain registration date of September 26th. This is a bad sign because it indicates a lack of experience and a higher risk of the broker being a scam or unable to provide quality services.

Domain info

Contacts Review

It seems like Universy Invest couldn’t be any more anonymous, as the only means of contact they provide is an email address. There is no phone number or even a physical office address. However, if this isn’t even a real company, it’s no surprise it wouldn’t have an office.

More Details

Universy Invest does not provide any documents or legal information, and the link to terms and conditions does not lead anywhere. This is extremely concerning as clients have no way of knowing their rights and obligations when using the broker’s services.

Pros and Cons

  • None.
  • No license.
  • No clear information on company ownership and location.
  • Only accepts cryptocurrency deposits and withdrawals.
  • Minimum deposit amounts are not disclosed.
  • Lack of transparency in trading accounts.
  • No demo.
  • Lack of legal.
  • Short operating period.

 

Frequently Asked Questions (FAQ)

What Does Universy Invest Offer?

Universy Invest is a CFD broker that offers a variety of assets for trading.

How Much Money Should I Invest With Universy Invest?

According to the trading conditions on the Universy Invest website, the minimum deposit amount is not specified.

Is Universy Invest Safe?

Unfortunately, no it is not. Universy Invest is unlicensed and unsafe.

Subhash Mishra
Forex & CFD Trader

Subhash is a Bengali who has been trading for 16 years. You will find the most objective reviews of Forex and CFD brokers in his articles.

Subhash is a Bengali who has been trading for 16 years. You will find the most objective reviews of Forex and CFD brokers in his articles.

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Client Reviews

  1. Liam

    There is no proof that this is a real company

    Universy Invest is an unknown trash broker, and that’s a good thing. Hopefully, no one will ever hear about this company again because it is a fake. This company doesn’t exist. I mean, it only exists as a website that was registered in 2022. There can be no talk of any seriousness. If you find any reviews, they will be exclusively negative and exposing, and that will be the truth. And if you find positive comments, likely they will be fakes.

    Reply
  2. Abel

    I can't withdraw 500 dollars

    Money cannot be withdrawn from here. To my deep regret, I learned this from my own experience. I deposited when I was a complete newbie and didn’t really understand if it was safe to invest here or not. It turns out that it wasn’t. Trading with this broker immediately proved to be unsuccessful, as I couldn’t close deals. The terminal was constantly lagging, crashing, and the spreads here turned out to be quite high. You open a deal and immediately find yourself in a big serious negative balance. I’ve been waiting for a withdrawal request to be processed for quite some time, but nothing happens. Maybe someone can suggest what can be done to somehow influence these scammers?

    Reply
  3. Kyle

    No advantages

    Universy Invest is an example of a scam broker. Dealing with this fraudulent scheme will result in a complete loss of your money. Scammers won’t even blush when they steal your funds. Don’t collaborate with such companies, especially if they call you themselves and offer to invest in supposedly profitable trading.

    Reply
  4. C Kent

    Con merchants

    This company is a scam, don’t invest any money as you can say goodbye to it .

    Reply