Union Trust Paid (uniontrust-paid.com) claims to offer forex, crypto, and equity trading. They advertise high yields and asset diversification for investors. On their site, they present professional images and “licensed” banners. However, many basic facts about the company remain vague or missing. Their stated operations exceed what public data can confirm. This disparity immediately raises suspicion about the real model.
Claimed Licenses and Regulation
The broker claims to operate under both US and Australian registration. It asserts compliance with financial regulations but offers no proof. In fact, ASIC publicly issued a warning that Union Trust Paid acts without authorization. No record of this broker appears in official regulator databases. Thus, its license claims are unsubstantiated and likely false.
Trading Conditions
The site promotes extremely high daily returns, from 4 % to 20 %. Yet, there is no clear explanation of fees or deposit tiers. Minimum deposit levels and spreads remain hidden from users. Clients cannot see actual cost structure before funding accounts. Such opacity suggests that actual charges may be far different.
Trading Platform and Technology
Union Trust Paid offers a web-based trading interface. They boast automated tools and smart trading features.
However, they do not disclose standard platforms like MetaTrader. No demo accounts or screenshots are available for review. Without these, clients cannot test platform reliability.
Client Reviews and Feedback
Many users allege they never got full withdrawals. Some report support suddenly stopped responding after deposit.
Other feedback deems it a classic HYIP with broken promises. User stories note the use of stock images and fake profiles. These consistent complaints point to systemic reliability problems.
Potential Scam Strategies
Union Trust Paid likely uses common fraudulent methods:
- Promising unrealistic returns to lure deposits.
- Allowing small withdrawals to gain trust.
- Blocking large withdrawal attempts later.
- Changing terms or commissions after money is invested.
- Using fake identities and stock photos to appear genuine.
Expert Opinion
Union Trust Paid shows multiple red flags for investors. It lacks verifiable licensing and regulatory accountability.
Trading terms remain hidden and suspicious. Platform claims are vague and untested. Widespread negative reviews confirm trust issues. In my view, this broker is unreliable and possibly fraudulent.
Conclusion
Union Trust Paid fails key criteria of a safe broker. There is no credible regulation, no fee transparency, and many warnings. I strongly advise against investing with Union Trust Paid. Choose instead brokers with verified licenses, clear terms, and user trust.
