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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

Registered region
Cyprus
Operating period
--
Company Name
UBK Markets Ltd
Abbreviation
UBK Markets
Company employee
--
Customer Service Email Address
support@ubkmarkets.com
Contact number
+35725353630
Company address
Spyrou Kyprianou 67, Flat/Office 2, 4003, Limassol, Cyprus
Keywords
10-15 years
Regulated in Cyprus
Straight Through Processing (STP)
Self-developed
High potential risk

Company profile

UBK Markets Review SummaryFounded2017-07-26Registered Country/RegionCyprusRegulationRegulatedMarket Instruments/Demo Account❌LeverageUp to 1:30SpreadFrom 0 pipTrading PlatformUBK Markets(Web)Min DepositClassic Account: $25/iPA-Manager Account: Not available/iPA-Investor Account: $100Customer SupportPhone: +357 25 353630Email: support@ubkmarkets.comUBK 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 AccountiPA-Manager AccountiPA-Investor AccountMinimum Spread0 pip(Floating)0 pip(Floating)0 pip(Floating)Commission9 USD per 100,000 units of currency16 pips16 USD per 100,000 units of currencyMinimum Deposit$25Not available$100Maximum Leverage1:30Not available1:30UBK 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 PlatformSupported Available Devices Suitable for UBK Markets✔WebAll tradersDeposit 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 TimeDepositWithdrawalDepositWithdrawalBank transferYour bank fee45 USD1–3 business day(s)1–3 business day(s)Skrill wallet1%1%Instant1 business dayBank card2.8 %—Instantly—

Rating Index

iPA-Manager

Minimum Deposit
--

iPA-Investor

Minimum Deposit
50 USD

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Latest Reviews

小张的张

小张的张

Hong Kong

Regulated by a small country, there have recently been issues reported concerning withdrawals and fees. Caution is advised when considering involvement with this entity. It is not recommended.

Exposure

03-20

Гуска Сергей Николаевич

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

FX1142952127

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

UBK Markets Forex Broker has an overall rating of 4.17, Regulatory Index 5.50, License Index 3.92, Business Index 8.31, Software Index 4.95 Risk Control Index 0.00.