UOBE FX Review
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Review
Fast Facts
Contact Info and Support
Traffic information
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| Engagement metrics | Visits | 0 |
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| Estimated monthly visits | February 2026 | 0 |
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About UOBE FX
UOBE FX (operating as UOBE FX GLOBAL LIMITED) is not authorised by the United Kingdom’s Financial Conduct Authority; the FCA issued an official warning on 21 December 2023, classifying it as an unauthorised firm and advising avoidance. The firm gave an address at 7 Copperfield Road, Coventry, West Midlands, England, CV2 4AQ, and website uobefx.com ().
No regulatory record exists for UOBE FX with the FCA, the US FinCEN (despite its claim of an “MSB license”), or the NFA. The claim of being “regulated by US MSB” is misleading, since FinCEN is not a financial regulator and does not authorise forex trading. Domain registration occurred in June 2023, and company incorporation was contemporaneous, indicating very short operational history without regulatory oversight ().
The absence of verifiable regulatory oversight, combined with deceptive licensing claims and a template-like website common to scam operations, indicates that engaging with this broker poses significant risk to client funds and lack of recourse ().
Pros and cons
Pros
- None verifiable
Cons
- Unauthorised by FCA; formal warning issued on 21 December 2023
- No valid licences from recognised regulators (FCA, NFA, FinCEN)
- Claims of regulation in multiple jurisdictions are false or misleading
- Domain registration and company incorporation in mid‑2023; no license-suitability timeframe
- Website design matches common scam templates
