Is UltraTrend a scam?

https://ultratrendfx.com/

Dear Investor,

We are concerned that UltraTrend is a scam.

UltraTrend claims to be registered in St. Lucia to appear legitimate. However, it is critical to note that the mere registration in the offshore center doesn't equate to a license or authorization from a financial regulator. UltraTrend doesn't provide any valid license to support its authenticity and legitimacy, indicating that it is not regulated at all.

So we strongly suggest you avoid using UltraTrend due to its unlicensed status. To have a safer trading environment, it is recommended to choose fully regulated brokers instead.