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UNIVERSAL Forex Broker keeps up-to-date with the latest trading account information, including DIAMOND, GOLD, BASIC maximum leverage of 1:200 - 1:400, trading varieties, and more
Rating Index
Pros
Offers access to the widely respected MT5 trading platform, which includes advanced trading features and functionalities.
Provides a variety of financial instruments for trading, including forex, CFDs, commodities, and indices.
Has a user-friendly interface that may appeal to traders familiar with popular trading platforms.
Cons
Lacks proper regulation, raising concerns about the safety of clients' funds and the transparency of operations.
High minimum deposit requirement of $500, which may be a barrier for new or small-scale traders.
Numerous complaints about withdrawal issues and poor customer service, indicating potential risks for investors.
UNIVERSAL broker Accounts
DIAMOND
Environment
--
Currency
--
Maximum Leverage
1:200 - 1:400
SupportedEA
Minimum Deposit
$ 10000
Minimum Spread
8 pip
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
--
Products
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GOLD
Environment
--
Currency
--
Maximum Leverage
1:200 - 1:400
SupportedEA
Minimum Deposit
$ 5000
Minimum Spread
8 pip
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
--
Products
--
BASIC
Environment
--
Currency
--
Maximum Leverage
1:200 - 1:400
SupportedEA
Minimum Deposit
$ 100
Minimum Spread
8 pip
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
Free
Products
--
UniversalOptionFx Account Type
UniversalOptionFx offers four different types of trading accounts tailored to meet the diverse needs of traders. These accounts include:
- Basic Account
- Minimum Deposit: $350
- Spreads: 1.9
- Leverage: Up to 1:500
- Scalping: Not allowed
- Negative Balance Protection: Yes
- Stop Out Level: 50%
- Swap Free: Yes
- Minimum Trade Volume: 0.10
- Hedging Allowed: Yes
- Daily Signals: Not included
- Video Tutorials: Not included
- Personal Account Manager: Not included
- Daily Market Review: Included
- Financial Plan: Not included
- Risk Management Plan: Not included
- Classic Account
- Minimum Deposit: $1,000
- Spreads: 1.5
- Leverage: Up to 1:500
- Scalping: Allowed
- Negative Balance Protection: Yes
- Stop Out Level: 50%
- Swap Free: Yes
- Minimum Trade Volume: 0.10
- Hedging Allowed: Yes
- Daily Signals: Not included
- Video Tutorials: Not included
- Personal Account Manager: Not included
- Daily Market Review: Included
- Financial Plan: Not included
- Risk Management Plan: Not included
- Standard Account
- Minimum Deposit: $2,500
- Spreads: 1.2
- Leverage: Up to 1:500
- Scalping: Allowed
- Negative Balance Protection: Yes
- Stop Out Level: 50%
- Swap Free: Yes
- Minimum Trade Volume: 0.10
- Hedging Allowed: Yes
- Daily Signals: Included
- Video Tutorials: Not included
- Personal Account Manager: Included
- Daily Market Review: Included
- Financial Plan: Not included
- Risk Management Plan: Not included
- Premium Account
- Minimum Deposit: $5,000
- Spreads: 0.6
- Leverage: Up to 1:500
- Scalping: Allowed
- Negative Balance Protection: Yes
- Stop Out Level: 50%
- Swap Free: Yes
- Minimum Trade Volume: 0.10
- Hedging Allowed: Yes
- Daily Signals: Included
- Video Tutorials: Included
- Personal Account Manager: Included
- Daily Market Review: Included
- Financial Plan: Included
- Risk Management Plan: Included
- Choose Your Account Type: Select the account type that best suits your trading needs from the options listed above.
- Complete the Application: Fill out the online application form with the required personal information, including your name, contact details, and financial information.
- Deposit Funds: Fund your account with the minimum deposit required for your chosen account type. This can typically be done via bank transfer or other payment methods accepted by the broker.
- Verification: Complete any necessary verification processes as required by UniversalOptionFx to ensure compliance with regulatory standards.
- Start Trading: Once your account is funded and verified, you can begin trading on the platform.
UniversalOptionFx Broker Account Opening Process
To open an account with UniversalOptionFx, follow these steps:
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