Uniwealth Market Review: Unlicensed Forex and CFD Platform

Uniwealth Market, which promises CFD trading on currencies, indices, commodities and cryptocurrencies, gathers investors with the slogan "low spreads and a reliable platform". Reading the company details at the bottom of the site reveals a set-up spread across Saint Lucia, Vietnam and Australia.

🏝️ How Does Uniwealth Market Describe Itself?

The domain uniwealthmarket.com was registered through GoDaddy in October 2023. The site names Uniwealthmarket Limited, incorporated in Saint Lucia, as its operator, and gives Vinhomes Central Park in Ho Chi Minh City as the physical address.

The same page states that a company incorporated in Australia is an authorised representative of another company that holds an AFS licence. However, later in the text it states plainly that this company is not the issuer of the products; in other words, the Australian link does not place the offshore company with which the investor trades under supervision.

📞 Contact Traces on the Site

• Helpline: +84 2847852630
• Email: [email protected], [email protected]
• Registered office: Rodney Bay, Gros-Islet, Saint Lucia

⚖️ Authorisation Status in Türkiye

Offering leveraged trading to persons resident in Türkiye requires SPK permission; unauthorised activity is a crime under Article 109 of Capital Markets Law No. 6362. Authorised institutions are listed in the SPK list of intermediary institutions.

🔗 Similar Platforms Run Through Island Companies

We have previously covered schemes that present a Saint Lucia registration as if it were a licence.

🧭 The Legal Process for Victims

In these cases the path a victim follows is first determined; then the invalidity of the account opening agreementTR and the effect of the foreign arbitration clause in the agreementTR are assessed. For detailed information and legal support, you can contact Savun Law & Consultancy.

❓ Frequently Asked Questions