Brokers  /  Umarkets

Umarkets

Severe risk
🇧🇿 Belize · 5-10 years · since 2019-01-04 · Maxi Services (Belize) Ltd
Unregulated
Visit site ↗
1.3/5
★★★★★ ★★★★★
65 reviews ›
0
Licenses ›
8
Withdrawal issues ›
—
Min. deposit ›
—
Max leverage ›
0
Account types ›
85/100
Scam risk ›
0
Clone sites ›
▲ 0% positive▼ 100% negative
Independent ratingshow third parties score this broker
WikiFX1.59/10
Trustpilot1.3/5
Forex Peace Army—/5
85
Severe risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • No verified regulatory license on file
  • Listed as “Fake Broker” in industry watchdog records
  • Identified as a clone / impersonator firm
  • Registered in Belize (offshore, light oversight)
  • 5 user exposure/complaint reports filed
  • Withdrawal complaints in ~160% of recent reviews
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing9735%
Company age2215%
Clone / impersonation10012%
Withdrawal & exposure complaints10012%
Offshore registration808%
Transparency (site/info/social)2210%
Real-user sentiment908%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameMaxi Services (Belize) Ltd
Headquarters🇧🇿 Belize
Founded2019-01-04
Years operating5-10 years
Employees0
Official websiteumarkets.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods—
Withdrawal methods—
Instruments—

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

Across 5 recent Trustpilot reviews, 100% are 1–2 star. The single most common complaint is being unable to withdraw funds (8 reports) — the classic warning sign in forex. Sentiment is strongly negative; multiple users describe losing access to their money. Treat with extreme caution.

0
Period:
What users complain about
Where reviewers are from
Philippines4
Ecuador1

Real user reviews

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About Umarkets

Umarkets is a forex and CFD broker based in Belize, with records dating to 2019-01-04. Critically, we could not verify any active forex-trading license for this broker.

FXCanary’s verdict is “Severe.” The combination of weak regulation and user complaints means your capital could be at serious risk.

On Trustpilot, Umarkets holds a real-user score of 1.3/5 across 60 reviews. Withdrawal problems appear 8 times — always test a small withdrawal first.

Overview compiled by FXCanary from regulatory records and public data. full Umarkets review