This entity is on a financial regulator’s warning list. We do not recommend it.
Universal Markets (UMarkets) Review: KNF, FCA and CMVM Warnings
Universal Markets (UMarkets) is a “broker” registered in St. Vincent and the Grenadines, operating at umarkets.io, umarkets.com, umarketspro.com and umarkets.net. It is on Poland’s KNF public warning list, and the UK FCA and Portugal’s CMVM have also warned against it. Do not deposit money with it.
In short: Universal Markets is not authorised to provide investment services in Poland, the UK or Portugal. Polish prosecutors are running proceedings under the Act on Trading in Financial Instruments, joined by the KNF Chair. Clients have no EU protection and no compensation scheme. Checked on 25 October 2026.
| Universal Markets — facts | Checked 25 Oct 2026 |
|---|---|
| Websites | umarkets.io, umarkets.com, umarketspro.com, umarkets.net |
| Address (per warnings) | Beachmont, Kingstown, St. Vincent and the Grenadines |
| KNF (Poland) | public warning list (no. 411): proceedings by the Regional Prosecutor’s Office in Warsaw, joined by the KNF Chair |
| FCA (UK) | warning of 4 March 2021 — unauthorised firm targeting UK residents |
| CMVM (Portugal) | warning of 25 October 2023 — umarkets.net not authorised |
| EU licence | none |
| ForexRev assessment | avoid |
📌 Table of Contents
1. Why Universal Markets is a risk
- A St. Vincent and the Grenadines company — the local registry does not license forex/CFD brokers, so there is no supervision.
- Three European regulators have warned about the brand: KNF (Poland), FCA (UK) and CMVM (Portugal).
- Polish prosecutors are investigating unauthorised brokerage activity.
- Several changing domains are a typical red flag — platforms move to a new address after a regulator warning.
2. What to do if you have paid
- Do not pay anything more, including “fees” or “tax”.
- Uninstall remote-desktop software and change your banking passwords.
- Call your bank about a chargeback (card) or recall (transfer).
- Report it to the police and keep evidence.
- Beware of “fund recovery” offers — usually a second scam.
3. How to check a broker before depositing
- Check regulator registers and warning lists (KNF, FCA, CMVM, AMF, CONSOB).
- An EU broker must name its company, regulator and licence number.
- Prefer brokers we have reviewed, such as Tickmill or XTB.
4. FAQ
Is Universal Markets a scam?
Is Universal Markets regulated?
🛡️ How we checked this
On 25 October 2026 we checked the KNF public warning list (entry 411), the FCA warning of 4 March 2021 and the CMVM warning of 25 October 2023.



