Review of the CFD broker U-River: analysis of trading conditions, client reviews
When considering the possibility of trading, it is important to understand that easy money does not exist. Successful trading in the financial market requires experience, knowledge, and a reliable intermediary. There are many charlatans in the market who rely on the lack of attention and trust of newcomers. Numerous negative reviews indicate that fraudsters often succeed in carrying out fraudulent schemes. Today we will take a detailed look at one such case – U-River. According to the description, it is a CFD broker, proven over time, but in reality, it is just a scam. What does the website u-river.com hide? We will find out in this material.
Regulation and license of the company “U-River”
On the U-River website, it is claimed that the company has been operating for more than 6 years and has 450,000 active accounts, a daily trading volume of over $300 million, and 7 million financial transactions. However, a check of the domain name showed that the site was launched recently, casting doubt on this statistics. In addition, the stated office address in Cyprus turned out to be fake, and the design and content of the site coincide with other well-known scam projects. The contact information provided on the site is also fake.
Registration on the website u-river.com
Registration on the u-river.com website is straightforward, but the registration form is standard and does not offer to review legal documents. Users note the absence of links to documents and warnings about trading risks. Considering the lack of a client agreement, cooperation with U-River carries risks.
Detailed review of the trading conditions of the CFD broker U-River
U-River requires an initial deposit of $500 and does not disclose detailed trading conditions. It promises over 100 assets, minimum spreads, and leverage from 1:1 to 1:500. However, the site lacks details about trading accounts, and the promises are limited to general statements only.
Review of opinions: ex-client reviews of the brokerage company “U-River”
Users complain about the fake terminal, manipulated charts, and the inability to withdraw profits. Reviews indicate fraud on the part of U-River, and some clients try to warn others against collaborating with this company.
Scam scheme on u-river.com
U-River uses deceptive tactics to persuade users to transfer funds to their account. Charlatans offer to install the TON program, promising automatic earnings on asset trading, which is a lie. It is recommended to be cautious and avoid collaboration with such companies.
