Is Umarkete.com a Legit site or a Scam?

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Author: Adam Collins

October 21, 2022

While investment is a wise decision, choosing the right investment platform is not always that easy. There are many investment scams out there and getting it right will require a lot of due diligence.

In this review, we will take a look at Umarkete.com and see whether it's a legit site or a scam. Let’s find out, shall we?

Scarce information

Most sites are very upfront with relevant information about their websites. After all, if you want people to believe in your business, you must give them upfront information. With Umarkete.com, there is very limited information on the home page. 

They do not offer much information and only take you to the sign-up page. This is common with many dubious sites that pressure people into signing up without showcasing all the relevant details.

The Reviews

Customer reviews are quite important as they offer insight into a company. We found reviews of Umarkete.com on both ScamAdviser and Trustpilot. On Trustpilot, the Umarkete has an overall rating of 2.6/5 stars from 4 reviews.

Some of the clients are complaining that it's hard to withdraw money or even unfreeze their accounts. This is a grave accusation and the company has not yet replied to the comments made on Trustpilot.

On ScamAdviser, the overall rating is 1/5 stars, from 8 reviews. Some clients were quick to point out that they got referrals from dating sites like Tinder. This is highly unusual and aligns with what we see with scams that use popular dating sites to market their platforms.

The start date

According to Whois.com, Umarkete.com was started in July 2022, making the site a few months old. While there is nothing wrong with new websites, they usually have very limited details which can be used to gauge the site as genuine or a scam.

Further, the site does not provide any contact information or where they are located. Without this, it's hard to know if the company running the site is fully licensed and if they are regulated. With many countries requiring investment firms to be registered, leaving out their location or license details seems like a big red flag.

Bottom line

Overall, there are many red flags that are hard to ignore. The site offers very little information about their location and contact information. The reviews we found online were negative while the pressure to register before knowing what you’re signing up for does not help. There are a lot of similarities with what we see with investment scams. Caution is advised while investing at Umarkete.com.

This article has been written by a scam fighter volunteer. If you believe the article above contains inaccuracies or is missing relevant information, please contact ScamAdviser.com using this form.

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