United Oxford Group: Overview and Analysis
In the era of modern technologies, more and more traders are attracted to the idea of using digital currencies as an investment tool. To meet the demand, the company United Oxford Group offers its services as an intermediary in the cryptocurrency market. Company representatives claim that online trading of digital assets on their modern platform can bring profits to every trader.
Getting to Know United Oxford Group
According to the legend, the organization was founded by crypto analysts in 2020 with the aim of creating a professional platform for trading fiat and digital currencies, as well as other assets. However, some facts do not align: the domain unitedoxfordgroup.com was registered only in September 2021, not in 2020 as reported. Reviews about the company also only appeared this year, and no official registration of United Oxford Group in the UK has been found.
All this creates the impression that we are dealing with an unserious enterprise that emerged in a matter of days and is run by scammers. Additionally, the presented platform seems insufficiently professional.
Regulation of United Oxford Group’s Activities
Although the company’s organizers claim to have licenses from popular European regulators, searches in the FCA and CySEC registers did not confirm these permissions. United Oxford Group’s materials also claim that their activities are regulated by the International Association for the Control of Financial Markets Relations (IACFMR), but nothing is known about this organization beyond the company’s website.
In Russia, broker activities are controlled by the Central Bank; however, United Oxford Group does not have a license of this level.
Conditions for Traders
Detailed information about trading rules is absent, leaving potential clients in the dark. The company’s information also does not mention the minimum deposit amount, deposit and withdrawal conditions, and educational materials are unavailable.
It is possible to fund the account using a card or an e-wallet, but this requires prior document verification. Additionally, using a cryptocurrency wallet for fund transfers is suggested, and access to the MT4 trading platform is provided in the personal account.
Reviews of United Oxford Group
According to the review, the organization United Oxford Group has faced difficulties in attracting clients. Despite marketing efforts, most traders avoid this company. Client reviews include negative feedback indicating possible issues.
How United Oxford Group Operates
United Oxford Group does not offer anything new in its methods. The company tries to attract traders to register and open an account, mainly through social networks. The organization also aims to make clients use cryptocurrencies to fund their accounts, explaining this by the complexities of bank transfers. Nevertheless, the official characteristics of the terminal and the company’s financial activities are questionable.
Conclusion of the United Oxford Group Review
After a detailed analysis, it turns out that United Oxford Group is an untrustworthy company, possibly fraudulent. The organization does not provide documentation, its licensing status is questionable, and the information on the website is dubious. Client reviews indicate potential risks of dealing with United Oxford Group.
I am extremely dissatisfied with the work of United Oxford Group, specifically their inability to provide thorough reviews and cohesive analysis on proposals.