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Ukuchuma

South Africa|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|Suspicious Overrun|High potential risk|

https://ukuchumaltd.com

Website

Rating Index

1.42

Contact

+27 870948672
inquiries@ukuchumaltd.com
https://ukuchumaltd.com
Office 1-14 1ST Floor Workshop17, 138 West Street, Sandown Sandton Gauteng 2196, South Africa.

Licenses

Licensed Institution:Ukuchuma Financial Services (PTY) LTD

License No.:32535

VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Open
Warning: Low score, please stay away!
2024-12-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
3

Basic information

Registered region
South Africa
Operating period
2-5 years
Company Name
UKUCHUMA FINANCIAL SERVICE (PTY) LTD
Abbreviation
Ukuchuma
Company employee
--
Customer Service Email Address
inquiries@ukuchumaltd.com
Contact number
0027870948672
Company website
Company address
Office 1-14 1ST Floor Workshop17, 138 West Street, Sandown Sandton Gauteng 2196, South Africa.
Website
Company Summary
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Official website

Website

  • ukuchumaltd.com

    Server Location

    United States

    Website Domain Name

    ukuchumaltd.com

    Server IP

    172.67.195.144

Company Summary

Risk Warning

The South Africa FSCA regulation (license number: 32535) claimed by Ukuchuma is suspected to be a clone. Please be aware of the risk!

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information & Regulation

Ukuchuma, a trading name of UKUCHUMA FINANCIAL SERVICE (PTY) LTD, is allegedly a financial services company registered in South Africa. Here is the home page of this brokers official site:

General Information & Regulation

As for regulation, it has been verified that Ukuchuma holds a suspicious clone Financial Sector Conduct Authority (FSCA) license. That is why its regulatory status on WikiFX is listed as “Suspected Fake Clone” and receives a relatively low score of 1.22/10. Please be aware of the risk.

General Information & Regulation
General Information & Regulation

Customer Support

Ukuchumas customer support can be reached by telephone: +27 870948672, email: inquiries@ukuchumaltd.com or send messages online to get in touch. Company address: Office 1-14 1ST Floor Workshop17, 138 West Street, Sandown Sandton Gauteng 2196, South Africa.

Pros & Cons

Pros Cons
N/A • Suspicious clone
• Lack of transparency

Frequently Asked Questions (FAQs)

Q 1: Is Ukuchuma regulated?
A 1: No. It has been verified that Ukuchuma is a suspicious clone firm.
Q 2: At Ukuchuma, are there any regional restrictions for traders?
A 2: Yes. Ukuchuma does not offer its services to residents of certain jurisdictions such as the USA, Australia, Canada, Turkey and other regions as well as sanctioned countries.
Q 3: Is Ukuchuma a good broker for beginners?
A 3: No. Ukuchuma is not a good choice for beginners. Not only because of its suspicious clone condition, but also because of its lack of transparency.

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • Suspicious Overrun
  • High potential risk

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