UBCFX is an offshore forex broker that offers over 120 financial instruments across different markets for trading online via the advanced MetaTrader 5 platforms for multple devices including desktop, web and mobile. They provide traders with a variety of useful trading tools and educational materials, but they are not regulated. Many experts and professional traders would not trade with an unregulated broker as they cannot offer investors the same protection that a regulated broker can.
show 1 UBCFX Review, Pros & Cons 2 UBCFX Overview 3 UBCFX Regulation 4 UBCFX Countries 5 UBCFX Platforms 5.1 UBCFX MetaTrader 5 Web Terminal 5.2 UBCFX MetaTrader 5 Desktop Application 5.3 UBCFX MetaTrader 5 Mobile App 6 UBCFX Trading Tools 7 UBCFX Education 8 UBCFX Instruments 9 UBCFX Accounts & Fees 10 UBCFX Support 11 UBCFX Deposit & Withdrawal 12 UBCFX Account Opening 13 UBCFX Summary
UBCFX Review, Pros & Cons
In this detailed UBCFX review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
- 1 UBCFX Overview
- 2 UBCFX Regulation
- 3 UBCFX Countries
- 4 UBCFX Platforms
- 5 UBCFX Trading Tools
- 6 UBCFX Education
- 7 UBCFX Instruments
- 8 UBCFX Accounts & Fees
- 9 UBCFX Support
- 10 UBCFX Deposit & Withdrawal
- 11 UBCFX Account Opening
- 12 UBCFX Summary
Based in Saint Vincent and the Grenadines, UBCFX claims to offer a diverse range of financial services, including online trading, investment advisory services, portfolio management, credit facilities, banking services. and more.
They offer over 120 tradable instruments across forex, indices, equities, metals, energies, agricultural commodities, and cryptocurrencies for online trading via the advanced MT5 platform. The broker provides clients with several useful trading tools and a selection of educational resources. However, they are unregulated which is a red flag for the trading brokers review team.
UBCFX is a brokerage brand owned and operated by United Ventures LTD, an offshore financial service firm with a corporate office at Suite 305, Griffith Corporate Centre, P.O. Box 1510, Beachmont Kingstown, VC0100, Saint Vincent and the Grenadines.
The broker is not regulated by any known financial authority in the world, and they do not seem to be interested in getting regulated any soon as they enumerated their reasons for choosing to remain unregulated, one of which is the freedom to offer any instrument at any leverage.
Their unregulated status is a red flag for experienced and professional traders because unregulated brokers do not offer the kind of security and confidence that the regulated brokers can offer.
The broker offers their services to traders from across the globe. However, they acknowledge that laws regarding financial contracts vary throughout the world and thus state that it is the responsibility of the traders to ensure proper compliance with any law, regulation, or guideline in their countries of residence regarding the use of the website and services.
To avoid any doubt, the ability to access their website does not necessarily mean that their services and/or your activities through the website are legal under the laws, regulations, or directives relevant to your country of residence.
Some UBCFX features and products mentioned within this UBCFX review may not be available to traders from specific countries due to legal restrictions.
UBCFX provides their clients with the popular and highly advanced trading platform, the MetaTrader 5 platform. As an improvement on the MT4 platform, MT5 has superior charting, analytical, and order management tools. Despite its advanced features, the platform is easy to use and has an intuitive interface. So, it is very suitable for both new traders and professional traders who need advanced capabilities. Overall, the MT5 platform:
The broker makes three versions of the MT5 platform available to their clients:
UBCFX MetaTrader 5 Web Terminal
UBCFX MT5 WebTrader
The MetaTrader 5 Web Terminal provides direct online trading access to the global markets through any browser, on any computer running on Linux, Mac, or Windows, without the need to download and install any. It can be an ideal solution for traders who work from different computers. All transmitted data is securely encrypted.
UBCFX MetaTrader 5 Desktop Application
UBCFX MT5 Desktop Platform
The MT5 desktop application can be downloaded from the broker’s website and installed on Mac, Linux, or Windows computers. The platform integrates a broad variety of assets and financial instruments. Its broad functionality allows for the implementation of multiple investment strategies at current market prices, supports pending orders with a present lifetime, and boasts compatibility with various analytical instruments, such as Elliot tools, Fibonacci and Gann.
UBCFX MetaTrader 5 Mobile App
UBCFX MT5 App
There are MT5 mobile trading apps that are compatible with Android and iOS devices and can be downloaded from the relevant app stores. MT5 custom trading apps condense the core features of the desktop platform into a simple and user-friendly smartphone interface. Trade on the go with your iOS or Android device – access current price quotes and analyze data with customizable candlestick and line graphs with the tap of a finger.
UBCFX Trading Tools
The broker provides clients with some useful trading tools, such as these:
UBCFX provides clients with a selection of educational resources to help them understand their trading platform and improve their trading knowledge and skills. Some of the resources provided include:
The broker offer trading in over 120 trading instruments, across forex, indices, commodities, metals, cryptocurrencies, and equities.
UBCFX Accounts & Fees
UBCFX offers different trading accounts to match various trading styles and levels of experience.
All account types are swap free with no over-night fees, have a minimum trade volume of 0.10 lot, can be traded on all trading platforms, and have negative balance protection. There is full access to the trading academy and social trading. Demo accounts funded with virtual money are available for practice purposes.
As broker fees can vary and change, there may be additional fees that are not listed in this UBCFX review. It is imperative to ensure that you check and understand all of the latest information before you open a UBCFX broker account for online trading.
The broker has a responsive customer service team that is readily available to take care of traders’ queries. They can be reached via email, telephone, and Live Chat, and they are available 24/5. You can also reach them on Facebook, Twitter, Instagram, YouTube, and Google+ or use the “Send us a message” option on their website.
UBCFX Deposit & Withdrawal
UBCFX accepts a wide range of secure online payment options for deposits and withdrawals, making funding easy, fast, and secure. The broker covers all fees for deposit, but transaction charges may apply for withdrawals. Transaction processing time depends on the method used. Here are the accepted payment options:
UBCFX Payment Methods
UBCFX Account Opening
To open an account with this broker, simply click on any of the “Open Live Account” button that you see on the broker’s website, which will direct you to a place where you fill this form below:
UBCFX Account Opening
After registration, you will be required to verify your account by uploading your proof of identity and address. Once the account is approved, you can fund it and start trading online.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the brokers terms, conditions and policies. Only proceed if you fully understand and agree to them.
UBCFX is an offshore trading broker that is based in Saint Vincent and the Grenadines. They offer over 120 tradable instruments for online trading via the advanced MT5 platform. The broker provides clients with several useful trading tools and a selection of educational resources. However, they are unregulated which is a red flag. Many professional traders and industry experts would not trade with an unregulated broker as they cannot offer the same protections that a regulated broker can. For alternative options, you may wish to view our best trading brokers.
Trading in forex and Contracts for Difference (CFDs) is highly speculative and involves significant risk of loss. Such trading is not suitable for all investors so you must ensure that you fully understand the risks before trading.
Min $100 Deposit
UBCFX is an offshore trading broker that offers over 120 financial instruments across different markets including Forex & CFDs for online trading via the MetaTrader 5 platform. The broker provides traders with some useful trading tools alongside educational materials, but they are not regulated.