ANSWER Trade Ultrapro is operating in the absence of the required licenses.Based on the information available, Trade Ultrapro claims to be regulated by the Cyprus Securities Exchange Commission (CySEC). However, upon investigation, no matching information was found in the CySEC records. Additionally, the Comisión Nacional del Mercado de Valores (CNMV) has added Trade Ultrapro to its warning list for providing investment services without authorization.In light of this, Trade Ultrapro is not a regulated broker. Investors dealing with the platform are exposed to fraud and identity theft. To have a peaceful mind and a safer trading environment, it is advisable to choose fully regulated brokers other than unregulated ones like Trade Ultrapro.
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