UbetFX Review SummaryFounded 2023Registered Country/AreaChinaRegulationFSA (Suspicious clone)Market Instruments/Demo Account✅Leverage/Spread/Min Deposit/Trading Platform/Customer Support/Overview of UbetFX Founded in 2023, UbetFX is an unregulated broker registered in China. Their official site lacks much important information, such as trading acounts, trading conditions, trading platforms, payment options, customer support, etc.Pros and ConsProsConsDemo accountsSuspicious clone regulatory statusLack of transparencyRegulatory Status No, UbetFX lacks valid regulation. The retail forex license from the Seychelles Financial Services Authority is a suspicious clone.Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.The Seychelles Financial Services Authority (FSA)Suspicious CloneRaw Trading LtdRetail Forex LicenseSD018Deposit and Withdrawal Based in the very limited info on their site, it seems that UbetFX only accept deposits via wallet. If you want to withdraw funds, you need to enter wallet address and withdrawal amount. All are very opaque, no regulated brokers will bahave like this.