UBK Markets Forex broker specializes in providing foreign exchange trading services, the company's official website https://www.ubkmarkets.com/en/registration, the company's legitimate regulatory information CyprusCYSECStraight Through Processing(STP), to enhance the security of the company's address Spyrou Kyprianou 67, Flat/Office 2, 4003, Limassol, Cyprus).
UBK Markets Forex Broker
Basic information
Cyprus
10-15 years Regulated in Cyprus Straight Through Processing(STP) Self-developed Suspicious Scope of Business High potential riskCompany profile
UBK Markets Information
UBK Markets is a CYSEC-licensed broker registered as a trademark in multiple countries by Simcord, providing brokerage services for global financial markets. Simcord is a company specializing in the development of software, intelligence, and analytical products for the financial and investment sectors. It uses the iPro Marketplace trading and analytical platform, which includes capital management and financial market analysis.
Is UBK Markets Legit?
Cyprus Securities and Exchange Commission(CYSEC) regulates UBK Markets with license number 186/12 and License Type Straight Through Processing(STP), making it safer than unregulated.
Account Type
UBK Markets offers Classic Account, iPA-Manager Account, and iPA-Investor Account with different spreads, deposits, commissions, and leverage.
| Account Type | Classic Account | iPA-Manager Account | iPA-Investor Account |
| Minimum Spread | 0 pip(Floating) | 0 pip(Floating) | 0 pip(Floating) |
| Commission | 9 USD per 100,000 units of currency | 16 pips | 16 USD per 100,000 units of currency |
| Minimum Deposit | $25 | Not available | $100 |
| Maximum Leverage | 1:30 | Not available | 1:30 |
UBK Markets Fees
The spread starts from 0 pip, the commission is from 9 USD per 100,000 units of currency. The lower the spread, the faster the liquidity.
Leverage
The maximum leverage is 1:30 meaning that profits and losses are magnified 30 times.
Trading Platform
UBK Markets provides a proprietary investment management web platform that works with the web platform in universally accessible browsers based on any mobile device.
| Trading Platform | Supported | Available Devices | Suitable for |
| UBK Markets | ✔ | Web | All traders |
Deposit and Withdrawal
The first deposit amount of the classic accounts must be $25. UBK Markets accepts Bank transfers, Skrill wallets, and Bank cards for deposit and withdrawal. Withdrawals are processed within 3 days and transaction fees are charged.
| Payments Methods | Transaction Fees | Processing Time | ||
| Deposit | Withdrawal | Deposit | Withdrawal | |
| Bank transfer | Your bank fee | 45 USD | 1–3 business day(s) | 1–3 business day(s) |
| Skrill wallet | 1% | 1% | Instant | 1 business day |
| Bank card | 2.8 % | — | Instantly | — |
Rating Index
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Latest Reviews
FX1142952127
United States
The company UBK Markets seems safe, but the website gives me the feeling that it's hard to read... I probably wouldn't do business with it.
Neutral
2022-12-13
Гуска Сергей Николаевич
Ukraine
The UBK company promised to withdraw money from another company, which took $8,000 from me. I entered into an agreement with UBK to become their client, this gave the company the right to protect my interests. They seemed to have found the money and began making a transfer of $6,000. That’s where it all started problem. I had to pay for the stamps, because I was officially engaged in activities with them. In a word, I paid for everything. I got into huge debts (and still do) and as a result they also provided me with a payment for $500. Of course, I didn’t pay that amount I was able to. The money was never transferred to me, my personal account was blocked.
Exposure
2024-02-15