✔️ Information reviewed and updated in June 2024 by Eduardo López

IS Up-townfinance RELIABLE? OPINIONS

In this post I will analyze Up-townfinance. Is the platform for cryptocurrencies, CFDs, forex, stocks, bonds and oil gas Up-townfinance (with website uptowns-finance.com) really reliable? Is it safe to invest your money with this company? I will examine this company in detail.

I will explain to you why I think Up-townfinance is an UNSAFE company AND I CONSIDER IT AS UNRELIABLE. BE CAREFUL WITH THIS KIND OF COMPANIES!


ℹ️ BROKER DATA:

Here are two things that I would like to highlight, (1) the first thing that is important to know is about its regulation and (2) the second is the location of the company. These are two data of vital importance to be able to measure the seriousness and reliability of a company.

Does the company have no regulation or is it regulated by an unserious country? Is the company located in an unreliable place or does it not mention where it is located? These are questions that every investor should ask about the reliability of the company.

InformationAbout the company
(I.e. CompanyNot mentioned
???? AddressThey mention being located in Canada but this information is false
📄 RegistrationNot mentioned
🛡️ RegulapainNot mentioned
️ ️ PhoneDoes not have
📧 EmailDoes not have
🌐 Websiteuptowns-finance.com
???? Live ChatYes
💳 Payment methodsCredit card, cryptocurrencies
Company type cryptocurrency platform, CFDs, forex, stocks, bonds and oil gas

📞 LIST OF PHONE NUMBERS:

The company does not mention any contact telephone number. The lack of means of contact makes me a little nervous. It is not normal.


💰 DEPOSITS AND ACCOUNTS:

Here is a small analysis of the types of accounts that Up-townfinance offers; They are divided into 8 accounts. Here is a table with a little more information about minimum deposits by type of account.

TYPE OF ACCOUNTSMINIMUM INITIAL DEPOSIT
ECLIPSES TRUST FUNDS$100 
TAX FREE SAVINGS ACCOUNT$1000
OFFSHORE ACCOUNT$5000
LIMITED PROMOTE ACCOUNT$10000
UNLIMITED ACCOUNT$30000
TOP UNLIMITED ACCOUNT$50000
FIXED AMATURE$199
UPGRADE PLAN$500

🌐 WEBSITE – WEBSITE:

Below you will see the company's website and a small analysis about the website:

Uptownfinance website
  • Age of the website: the domain “uptowns-finance.com” was registered on May 19, 2023. That is, it is a website that is not very old. 🚩
  • The website does not mention who it belongs to, we noticed a clear lack of transparency in very important data. 🚩
  • The company does not mention being regulated, which makes me think it is an unregulated company. 🚩

⭐ OPINION OF Up-townfinance:

After having carried out an analysis of the company, I have come to the following conclusions:

1) The company mentions being located in Canada, but I think they are trying to mislead about their location. I recommend extreme caution.

2) The company does not mention being regulated or anything about its regulation. I understand that it is a UNREGULATED company.

3) I think the company has very little seniority or history. As I mentioned, I was able to check that the domain “uptowns-finance.com” was registered on May 19, 2023. It is very recent.

4) The company has a very bad reputation on the internet, I have already been able to find customer complaints.

5) The company mentions generating great profitability, which is so good and exaggerated, that I think it is false.

“To be honest with you, I would not invest in this type of company: it is not regulated. It does not mention which company it belongs to. I honestly cannot recommend a company of this type.”


💬 WHAT TO THINK OF A COMPANY LIKE Up-townfinance?:

Up-townfinance, despite promising high returns on investments, raises serious doubts and concerns that should not be overlooked. The high profitability offered by the platform is, in itself, a cause for suspicion, since in the financial world, performance always has certain risks associated with it. The promise of exorbitant profits without proper explanation or transparency may be indicative of deceptive or unrealistic practices.

Another aspect that raises red flags is the alleged false location in Canada. Failure to verify information related to business location is a significant red flag. Transparency about the actual location is crucial to establishing the credibility of any financial platform. Concealing or manipulating this information may indicate a lack of business integrity and ethics.

Furthermore, the fact that Up-townfinance does not provide data about the company, including the regulation under which it operates, creates an additional lack of trust. Transparency in terms of regulation is essential to guarantee the safety and protection of investors. The absence of information on relevant regulatory entities may suggest that the platform operates outside of established financial regulations, which represents a significant risk to invested funds.


📣 LATEST UPDATES:

1) Update January 2024: CNMV, the National Securities Market Commission, has denounced up-townfinance


✔️ CLAIM MONEY FROM Up-townfinance:

If you have been scammed, then I explain, in my opinion, one of the most effective methods to recover capital. If you do it on time and with a serious company, it is highly effective.

We work with a capital recovery service. here you can recover your capital.

In a few words, we use the chargeback method or capital withdrawal, with this method what we do is ask the bank or Visa, or Mastercard (depending on how we send the money), to return our capital, since we have been scammed. In order to recover it, we have to prove that we have indeed been scammed.

Claim your money now!

If you have been scammed, it is the option that I recommend, we work with a totally serious and safe capital recovery company.


🚨 REPORT Up-townfinance:

If you have been scammed by this company and you want to report it, I think the best option is to contact the financial regulator of the country where you live. Report what happened to the regulator. Here are some examples of financial regulators by country:

🇦🇷 Argentina: the financial regulator is CNV, here you can get in touch

🇧🇷 Brazil: the financial regulator is CVM, here you can get in touch

🇨🇱 Chile: the financial regulator is CFM, here you can get in touch

🇨🇴 Colombia: the financial regulator is the Financial Superintendence, here you can get in touch

🇪🇨 Ecuador: the financial regulator is SUPERINTENDENCE OF BANKS, here you can get in touch

🇪🇸 Spain: the financial regulator is CNMV, here you can get in touch

🇺🇸 United States: the financial regulator is FINRA, here you can get in touch

🇮🇹 Italy: the financial regulator is CONSOB, here you can get in touch

🇲🇽 Mexico: the financial regulator is CNBV, here you can get in touch

🇵🇪 Peru: the financial regulator is SBS, here you can get in touch

If your country is not on the list, leave a comment and I will gladly help you!


❓ FAQS – FREQUENTLY ASKED QUESTIONS:

What is up-town finance?

Up-townfinance is an investment platform in cryptocurrencies, CFDs, forex, stocks, bonds and oil gas.

Is Up-townfinance a scam – is it scam?

In my opinion it is, I think it's a scam. Taking into account different characteristics of this company, I must qualify it as a very bad and very unsafe one.

Is Up-townfinance trustworthy?

Up-townfinance is a company that I consider UNTRUSTABLE. It has characteristics that make it a very unsafe company: be very careful.

How to get money back from Up-townfinance?

If you have lost your money or been scammed, I recommend you try the capital recovery service.

Which broker is reliable to invest?

If you want to know a safe and reliable company, I invite you to see the ranking of best brokers and you can also check the 3 best brokers of the month.


Eduardo Lopez

Editor and Copywriter

I am Eduardo López Martínez, I was born in Madrid, Spain and I am 48 years old. I am a journalist and I am part of the Brokersdeforexconfiables.com team. Do you want to know a little more about me? I invite you to read my biography.

See publications of Eduardo López

Review rating: 5/5 - (476 votes)

2 comments on «IS Up-townfinance RELIABLE? OPINIONS»

  1. Paul Reply

    A friend invested, I'm scared, I don't want to lose my savings or get scammed. do you have information? Thank you so much!.

    • reliableforexbroker.com Reply

      Hello Paul, Up-townfinance is a SCAM, we are receiving many complaints from investors, they do not return the money, they should never invest in a broker without REGULATION.

      They create positive comments of their own to confuse investors and pose as a serious and legal company but everything is invented and if you mention our review they say that we are the competition and that is not true (we only do reviews of brokers).

      When you request a withdrawal of capital or benefits, if they make excuses and force you to pay commissions or another type of ransom, you will know that they are scamming you, do not fall into that trap, those commissions are not real, they try to take more money from you.

      If you want to recover the money you can do it from the CHAT on our website or by filling out the form at this link: Get your money back, we are with you

      Greetings.

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