Warning: Is Untex a Scam?

Is Untex (untex.us) a Scam?

Be cautious of Untex (untex.us); it displays multiple signs of a scam.

Untex presents itself as a trading platform, but it is currently unregulated by any top-tier commission, such as the FCA or SEC.

Scammed by Untex?

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Regulatory Check: Untex

Untex operates without supervision.

Investing with unregulated entities is extremely dangerous. Real firms are always authorized with bodies like the FINRA or FCA to protect investors.

Untex operates without this supervision. As a result, there is no safety net if they withhold your money. Many investment fraud involve unlicensed entities, and recovering money from them is hard without expert assistance.

For instance, in Europe, unauthorized firms are not covered by the Financial Ombudsman. In America, they are not members of SIPC, so your capital is at risk.

How Untex Might Scam You

Investment fraud is evolving. Scammers use social engineering to take wealth. Here are typical tactics seen in brokers like Untex (untex.us).

The "Romance" Trap

"Pig Butchering" is a brutal tactic where scammers build trust over weeks. They build a romance on social media. Eventually, they introduce a "lucrative" investment. It is a lie to get you onto a scam site like Untex.

Rigged Platforms

Scammers build websites that look exactly like real trading apps. They have charts and profits that go up. But it is a simulation. The broker manipulates the numbers to convince you to deposit more. If you ask for a payout, the "profits" disappear.

Other Warning Signs

• Unsolicited Contact: They call you from "brokers" out of the blue.
• No License: The firm has no authorization.
• High Returns: They promise huge profits with no risk.
• Withdrawal Issues: They refuse withdrawals. They ask for "tax fees" before releasing funds.
• Pressure Tactics: "Account managers" push you to deposit more.

Ignore positive ratings. Scammers frequently write their own positive comments to look legitimate.

Verdict

Our verdict is to block Untex. It appears to be a fraud. Save your funds and find a licensed broker. Avoid untex.us at all costs.