Read our Unitestocks review carefully to see why we do NOT recommend this broker for trading. Just to clear doubts, this is a Unitestocks.com review.
Who are they?
After taking a look at their website, it shows that they do not fall under any regulating agency. That is a MAJOR RED FLAG!! That should be enough for you NOT to invest with them. And they also work with websites that offer “Automated trading software” which is another red flag, as this kind of websites are notoriously famous for scamming schemes.
So Unitestocks is just another unregulated forex broker, which means the customers are not protected, and there is highly likely they will get away with your hard earned money and there will be no regulating agency to hold them responsible.
| Regulatory Body | Status |
|---|---|
| FCA (UK) | No record of authorization |
| ASIC (AU) | No record |
| CySEC (EU) | No record |
| SEC / CFTC (US) | No record |
How does it work?
Usually unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit, while trying any conceivable method in order to make that happen. They will offer deals that sound too good to be true, like we will double your initial deposit or you will make $100 per day easily. Please don’t fall for anything they say!!! It is a SCAM! After making the initial deposit, people get transferred to a smarter scammer, called a “retention agent”, who will try to get more money out of you.
Withdrawing funds
You should submit a withdrawal request ASAP, because your funds are never safe with an unregulated broker. And here is when things get tricky.
If you want to withdraw your money and it does not matter if you have profits or not, they will delay the withdrawing process for months. If they delay it for six months, you won’t be able to file a chargeback anymore and your money is gone for good. It does not matter how often you remind them or insist in withdrawing your money, you will NOT get them back. And if you signed the Managed Account Agreement or MAA, which is basically authorizing them to do anything they want on your account, they will lose all your funds so there won’t be anything to request anymore.
How to get your money back?
If you already deposited your money with them and they refuse to give your money back, which is very likely to happen, don’t worry, it might be a way or two to get your money back.
First of all you need to keep the emails as a proof that you have been requesting the money back from them but they don’t give it to you, or they delay the process for too long, with the intention of not refunding your money.
The first thing you should do is perform a chargeback! And you should do this right away! Contact your bank or credit card provider and explain how you were deceived into depositing for a trading company that is not regulated and they refuse to give your money back. This is the simplest way of getting your money back and is also the way that hurts them the most. Because if there are many chargebacks performed, it will destroy their relation with the payment service providers. If you haven’t done this before or you are not sure where to start or how to present your case to your bank or credit card company, we can assist you in preparing your chargeback case. Just contact us at [email protected] but do not let your broker know they you read this article or that you are in contact with us.
What about wires?
If you sent them a wire, there is no way to perform a chargeback on a wire. For this step you need to raise the fight to a different level. Tell them that you will go to the authorities and file a complaint against them. That will get them to rethink the refund possibility. Another thing you can do is prepare a letter or email for the regulating agencies. Depending on the country where you live, you can search on google to find the regulating agency for Forex brokers in that country. After that you can prepare a letter or an email describing how you got deceived from them. Make sure you show this letter or email to them, and tell them you will send it to the regulating agency if they don’t refund your money. If you do not know where to start, reach for us at [email protected] and we will help you with this step as well.
Make sure you leave reviews about Unitestocks in other sites
Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites, and describe shortly what happened. If you fallen victim please leave a review and a comment on this site at the comment section.
Unitestocks Review Conclusions
Making the Unitestocks review is actually a pleasure for us, and we hope to save as many people as possible from losing their hard earned money. A good rule of thumb is to carefully review all the Forex companies and any other company for that matter, before you perform any transaction. We hope that our Unitestocks review has been helpful to you. If you have any questions or you need an advice about the withdrawing process, feel free to contact us at [email protected] or by using this contact form.
If you like to trade please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below.
Hello Goodnight. I am Spanish.
MY case: On October 23, 2020, Friday, what you have described on this page happened to me. After I was interested in an article on my mobile phone, a lady called Cayetana Beltrán called me to invest 250E. I opened an account at coinbase.com. Later another lady named Lucia Dalton called me saying that she represents UNITESTOCK.
By phone through my mobile phone and several calls, she managed to get me to invest all my saved money by entering my desktop computer through AnyDesk, which I previously downloaded and with my consent at her insistence and request of trust towards her.
I DO NOT have your email. We communicate by mobile phone and by Whassap, where I have written my fears with this bitcoin investment and that I want to get my money back even if I lose part of the investment. On the 26th, 27th, 28th, 29th, 30th I ask you to get my money back as soon as possible. Now I see, after reading your advice that you are giving me long.
She always asks me to enter my computer and goes into my accounts and emails to see if I have more money since she is sure that I have much more money and I DO NOT have it. My reluctance to have him look at my emails and bank accounts I express it to him and I refuse but he demands it and I DO NOT KNOW WHY, I end up leaving it.
After reading this page, on Monday, November 16, I will call my bank to see what they can do, following their advice.
Questions: Is it sufficient proof to have my request for a return on investment in the Whassap?
How do I make a CHARGE?
I must continue to let it enter my computer so that it does not suspect that I have written to
your?. Because if she sees that I have received an email from you, I may have
problems of the recovery of my investment? I will give you my information and I will not talk to her, if she calls me, until you answer me, but DO NOT do it through my email just in case.
Thank you. A greeting.
does it account deletion be of any use when all the receipts are already on other machines and the watsäp are stored and emailed and there is also this Tito machine hackers that good evening continuation 500e waiting for. t.Asmo
Salve! Sono nuovo per gli investimenti on line su Amazon e sono stato contattato da una signorina di unitestock che all’inizio pensavo fosse sicuro ma avendo letto notizie negative ed essendo già circa un anno fa dal Broker Finantik di cui avevo versato 250€uro con notevoli profitti ma al ritiro ho avuto l’amara esperienza di essere truffato avendo cercato di contattarli ma invano.
Molte volte diffidate
Hi! I am new to online investments on Amazon and I was contacted by a unitestock lady who at first thought it was safe but having read negative news and being already about a year ago by the Broker Finantik of which I had paid € 250 with considerable profits but on retreat I had the bitter experience of being scammed having tried to contact them but in vain.
Many times be wary
Here is what happen to me yesterday. I had a call from Bryan (unitestocks) and he was in a hurry telling me to transfer 250 usd. I was laughing cos this person commanding at the middle of the night, though I know the other part of the world is awake. I told him to send me all the details in my email so I can see everything and consult my attorney. He just hang up and that’s it. I believe this is a SCAM
Ciao,
avendo cliccato su un annuncio di bookduck.myshopify.com mi sono ritrovato ad iscrivermi al sito http://www.unitestocks.com per acquisto di criptovalute. Appena mi accorgo di tutti i commenti non installo nemmeno l’app e chiedo dopo mezz ora dal deposito il mio prelievo. Mi contattano chiedendomi le motivazioni ed indirizzandomi a provare prima di cedere. Alle mie insistenze mi dicono che mi ricontattano per la procedura di rimborso. vi tengo aggioranti. Intanto si procede con richiesta di chargeback
Yes, scam! Glad I did not send more than just the entry 250€ despite their regular push.
Same thing happened to me. I invested the minimum 250 EUR. Then a man named Klaus Sandberg called on WhatsApp for the papers and formalities which I sent to him. After that no more news and it is impossible to login to my account. It said first that the password was wrong. While I tried to change the password I never received a mail back with the link to enter a new one. Now it says that I’m trying to login from a restricted country. (Switzerland). Will follow your advices and see what I can do to get the money back. Have not yet find out where and how to contact them .
Hi,
Their website changed to https://uniteex.co/ so please pay a big attention to this site as well. They have transfered the existing accounts from unitestocks.com to this new website.
Não invistam neste site https://uniteex.co/, é uma fraude fui engado fiquei sem o meu dinheiro.
UNITEEX
Dentro de 1 ano | Licença regulamentar suspeita | Software não MT4 / 5 | Área de negócios suspeita
não invistam nesta corretora que anterior era UNITESTOK.COM, fiquem sem o meu dinheiro.
UNITEEX
Within 1 year | Suspected regulatory license | Non-MT4 / 5 software | Suspicious business area
do not invest in this broker that was previously UNITESTOK.COM, be without my money.
I signed up this Bitcoin Revolution on 10.12.2020 and this person, Trinity from unitestocks called me and helped me to open an account with a deposit of USD3700. I did not know about unitestocks. After the account opening, this Trinity never responds to my emails sent to her. Another person, Thomas Berger from unitestocks
started to liaise with me, telling me many times to buy bitcoin, saying I would earn big profits by buying the bitcoin. He said I could do my own trading and made withdrawals anytime I wanted to. Later I realized when I wanted to make withdrawals, he would tell me not to make withdrawals so soon, Worse enough, when I submitted my withdrawal applications on 21.12.2020 to unitestocks, its system reflects pending status till February 2021. Now, I can’t even reach its site. I asked unitestocks to return my investment capital of USD3,700, it could have the profits I made. Another person, Harvey Fischer claimed to be the financial adviser told me I have to pay them 20% of balance first before they will return my investment capital. I emailed to its support department about my situation, no reply. I kept sending emails to Harvey Fischer to return my money, his reply was “Stop sending this pointless emails, the only option is to pay the fees. If you insist on sending these pointless emails again you will not get a response and nothing will be done until it is paid.”
The investment capital is my hard earned money. I really meet a scammer company. I can’t reach their site at all. How am I going to get my hard earned money back.
Ho investito € 1000 e dopo un mese erano diventati 2000 ho chiesto di rimborsarmi il capitale investito, e lo hanno fatto in Bitcoin € 960, meno € 40 per le spese. Adesso nel mio account ci sono € 5000 e i mio broker mi chiede di investire altri soldi! Investiro’ altri € 5000 soltanto se mi daranno altri € 1000 dal mio account !! Allora credero’ se sono persone serie oppure no!! Se non accettano allora allora avrò’ dei dubbi