Ubuntu Invest Broker Review

Ubuntu Invest Review 4

Latest All(4) Positive(2) Exposure(2)

Exposure

Scam

its very sad for me to write this Nelisiwe Mashango co founder and ceo of Ubunto investments contact me and tell me that if i give her R200 i will get back R3600 in a period of 3hours. Well it did not happen. Then she say to me to pay R90 that was all that i have in my bank i provide her with screenshots of my bank and still she said to me that i will receive the R3600. Well surprisingly it did not happen. Then the next step she say to me that i must pay R700 with another to get. This is very dissapionting and i hope that other people also read this before they get hurt like me. I am only a sassa(goverment) pensioner with little funds. And then you get people like Nelisiwe Mashango that is willing to take the last cent from people. Well its heartbreaking Thank you.

FX1779217805

03-08

Positive

Honestly, this is one of the best brokers I have ever used ... in addition, their spread is very smooth, unlike other brokers out there. Highly recommended Ubuntu Invest!!!

云淡风轻8615

2023-02-27

Positive

Honestly I am not an experience trader. Under the patient guidance and instructions to of my manager, I am able to earn money. Although I did see some “scam” comments of other people… but in my personal experience, I am quite satisfied with this broker.

F菲.W一大只

2022-12-02

Exposure

Ubuntu Invest sick

Scammed me for $50. The operations are finished along and the only purpose is let you lose your money as fast as possible.

+3

FX3177370130

2021-12-01

Ubuntu Invest 2025 Review: Everything You Need to Know

　　Summary: Ubuntu Invest has garnered a mixed reputation in the forex trading community. While it offers a wide range of trading instruments and a user-friendly platform, concerns over its regulatory status and user experiences raise significant red flags for potential investors.

　　Note: It's important to recognize the varying regulatory environments across different regions. Ubuntu Invest claims to operate under South African regulations, but many sources indicate that it may not be fully compliant, leading to potential risks for traders.

Ratings Overview

Category	Rating (Out of 10)
Account Conditions	5
Tools and Resources	6
Customer Service and Support	4
Trading Setup	5
Trustworthiness	3
User Experience	4

　　How We Rated the Broker: Our ratings are based on a comprehensive analysis of user experiences, expert opinions, and factual data gathered from various sources.

Broker Overview

　　Ubuntu Invest is a forex broker established in 2020, operating under Pioneer International (Pty) Ltd, and claims to be regulated by the Financial Sector Conduct Authority (FSCA) of South Africa. It offers the popular MetaTrader 5 (MT5) platform, which is accessible on desktop, web, and mobile devices. The broker provides a variety of trading instruments including over 30 forex pairs, CFDs on stocks, indices, commodities, and cryptocurrencies. However, despite its claims of regulation, many sources suggest that its regulatory status is questionable, which could pose risks to traders.

Detailed Overview

　　Regulated Regions: Ubuntu Invest is primarily regulated in South Africa. However, its regulatory compliance has been called into question, with some sources suggesting it may be operating as a clone firm using the license number of another company.
　　Deposit/Withdrawal Currencies/Cryptocurrencies: The broker accepts deposits in USD and ZAR. It supports various payment methods including Visa, Mastercard, and local payment systems in South Africa.
　　Minimum Deposit: The minimum deposit requirement is notably low, starting at just $1, which is appealing for new traders.
　　Bonuses/Promotions: There is no clear information regarding bonuses or promotional offers, which is a common practice among many brokers to attract new clients.
　　Tradable Asset Classes: Ubuntu Invest offers a range of tradable assets, including forex, indices, stocks, and commodities. However, it does not provide a comprehensive selection of cryptocurrencies, which is a drawback for many traders.
　　Costs (Spreads, Fees, Commissions): The spread for major currency pairs is average, with the EUR/USD spread at 1.1 pips. While this is competitive, it does not stand out against other brokers with better rates.
　　Leverage: The maximum leverage offered is 500:1, which is significantly higher than what is allowed by many regulated brokers in regions like the EU and UK. This high leverage can amplify gains but also increases the risk of significant losses.
　　Allowed Trading Platforms: The primary trading platform is MetaTrader 5, which is well-regarded for its analytical tools and user-friendly interface.
　　Restricted Regions: The broker is not allowed to operate in many regions, including the US, UK, and EU, due to its regulatory status.
　　Available Customer Service Languages: Customer support is primarily available in English, which may limit accessibility for non-English speaking traders.

Ratings Revisited

Category	Rating (Out of 10)	Detailed Explanation
Account Conditions	5	The low minimum deposit is a plus, but the lack of segregated accounts and negative balance protection is concerning.
Tools and Resources	6	The availability of MT5 is beneficial, but the overall educational resources are limited.
Customer Service and Support	4	Mixed reviews regarding responsiveness and effectiveness of support.
Trading Setup	5	The trading setup is generally straightforward, but the lack of transparency on fees and conditions is a drawback.
Trustworthiness	3	Significant concerns about regulatory compliance and potential risks associated with trading.
User Experience	4	Users have reported both positive and negative experiences, with many citing issues related to withdrawals and account management.

Detailed Breakdown

Account Conditions

　　While Ubuntu Invest offers a low minimum deposit of $1, which is attractive for new traders, the lack of segregated accounts means that client funds are not guaranteed. This raises concerns about the safety of deposits. Additionally, the absence of negative balance protection could lead to significant financial risks for traders.

Tools and Resources

　　The broker provides access to the MT5 platform, which includes a variety of trading tools and features. However, the educational resources available on the platform are limited, which may hinder new traders from effectively learning the ropes of trading.

Customer Service and Support

　　Customer service has received mixed reviews, with some users reporting difficulties in reaching support and receiving timely assistance. This could be a significant concern for traders who may require immediate help with their accounts.

Trading Setup

　　The trading experience is generally straightforward, with a user-friendly interface. However, the lack of clarity regarding fees and commissions can lead to confusion and frustration among traders.

Trustworthiness

　　The trustworthiness of Ubuntu Invest is heavily questioned due to its regulatory status. Many sources indicate that the broker may not be operating under valid regulations, which poses a serious risk to client funds.

User Experience

　　User experiences vary widely, with some traders reporting positive interactions while others have faced challenges, particularly with withdrawals. This inconsistency can be a significant deterrent for potential investors.

　　In conclusion, while Ubuntu Invest may offer attractive features such as low minimum deposits and a popular trading platform, the concerns regarding its regulatory status and overall trustworthiness warrant caution for potential traders. It is advisable to thoroughly research and consider alternative brokers with stronger regulatory oversight before making any investments.