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UK EXETRADING foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.ukexetrading.com/, about the company's legal and temporary regulatory information, the company's address 6 THORNES OFFICE PARK MONCKTON ROAD WAKEFIELD ENGLAND WF2 7AN.

UK EXETRADING Forex Broker

Basic Information

Registered Region
United Kingdom
Operating Period
--
Company Name
UK EXETRADING
Abbreviation
UK EXETRADING
Company employee
--
Contact Number
+380 95 357 12 58
Company address
6 THORNES OFFICE PARK MONCKTON ROAD WAKEFIELD ENGLAND WF2 7AN
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Rating Index

  

UK ExeTrading Forex Broker - Complete Information Guide

  

1. Broker Overview

  UK ExeTrading is a forex brokerage firm that specializes in providing trading services to retail and institutional clients. Established in 2007, the company is headquartered in the United Kingdom. As a private entity, UK ExeTrading operates primarily in the forex market, catering to a diverse clientele that includes individual traders and institutional investors.

  Over the years, UK ExeTrading has achieved significant milestones, positioning itself as a notable player in the forex industry. The firm focuses on delivering competitive trading conditions and has developed a reputation for its customer-centric approach. Although specific details about the parent company or group affiliations are not explicitly mentioned in the available sources, UK ExeTrading operates independently within the forex trading landscape.

  The business model of UK ExeTrading revolves around retail forex trading, offering a range of financial products and services designed to meet the needs of its clients. The broker aims to provide an efficient trading environment, which is essential for both novice and experienced traders.

  

2. Regulation and Compliance Information

  UK ExeTrading operates in a highly regulated environment, although it does not appear to be governed by any major regulatory authority at this time. The absence of a specific regulatory framework raises concerns regarding the safety and protection of client funds.

  The lack of regulation means that UK ExeTrading does not have a regulatory number or a license that is recognized by a financial regulatory body. This situation can pose risks for traders, as they may not have access to the same protections afforded by regulated brokers.

  Furthermore, the firm does not provide clear information regarding its policies on fund segregation, which is a crucial aspect of ensuring that client funds are protected in the event of financial difficulties. There is also no mention of participation in an investor compensation scheme, which would typically offer financial protection to clients in case of broker insolvency.

  Additionally, UK ExeTrading's compliance with KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations is unclear. These measures are essential for preventing fraud and ensuring the legitimacy of trading activities.

  

3. Trading Products and Services

  UK ExeTrading offers a diverse range of trading products, primarily focusing on forex currency pairs. The broker provides access to a limited number of currency pairs, which are essential for traders looking to capitalize on fluctuations in the forex market. However, the specific number of currency pairs available for trading is not disclosed in the available resources.

  In addition to forex, UK ExeTrading provides Contracts for Difference (CFDs) across various asset classes, including indices, commodities, stocks, and cryptocurrencies. The inclusion of these products allows traders to diversify their portfolios and engage in different markets beyond forex trading.

  The firm is committed to regularly updating its product offerings, although specific details about the frequency of updates or newly introduced products are not mentioned. UK ExeTrading primarily serves retail clients, but there may be provisions for institutional clients as well, although this is not explicitly stated.

  The broker does not appear to offer white-label solutions or asset management services based on the available information.

  

4. Trading Platforms and Technology

  UK ExeTrading supports the widely used MetaTrader 4 (MT4) trading platform, which is favored by many forex traders for its user-friendly interface and robust trading features. However, there is no mention of support for MetaTrader 5 (MT5).

  The broker does not provide any details about proprietary trading platforms, which indicates that the focus remains on using established platforms like MT4. Additionally, the availability of a web-based trading platform or mobile applications for iOS and Android devices is not specified.

  Regarding execution modes, UK ExeTrading employs a market-making model, which may affect the pricing and execution speed for traders. The broker's server locations and technological infrastructure details are also not disclosed, which could impact the trading experience.

  API access and support for automated trading are not mentioned, suggesting that traders may have limited options for algorithmic trading.

  

5. Account Types and Trading Conditions

  UK ExeTrading offers standard trading accounts, but specific details regarding the minimum deposit, spreads, and commissions are not provided in the available resources. This lack of transparency raises questions about the overall trading conditions offered by the broker.

  The firm may offer advanced account types, such as VIP or professional accounts, but information regarding these options is not detailed. Additionally, the availability of special accounts, such as Islamic accounts or corporate accounts, is not mentioned.

  The broker does not provide clear information about its demo account policy, which is essential for traders looking to practice before committing real capital.

  Leverage ratios and minimum trade sizes are not specified, leaving traders uncertain about the risk management aspects of trading with UK ExeTrading. Information on overnight fees and other associated costs is also lacking, which could impact the profitability of trades.

  

6. Fund Management

  UK ExeTrading supports various deposit methods, including bank transfers, credit cards, and e-wallets. However, the specific minimum deposit requirements for different account types are not disclosed.

  The processing times for deposits are not mentioned, which could lead to uncertainty for traders looking to fund their accounts quickly. Additionally, there is no information regarding any fees associated with deposits.

  Withdrawal methods and restrictions are also unclear, as the available resources do not specify how clients can withdraw their funds or any limitations that may apply. The withdrawal processing times and fee structures are similarly absent, which is critical information for traders.

  

7. Customer Support and Educational Resources

  UK ExeTrading provides several support channels, including phone, email, and online chat. However, the specifics of their customer service hours and the time zones they cover are not detailed.

  The broker appears to offer support primarily in English, but information regarding multilingual support is not provided.

  In terms of educational resources, UK ExeTrading may offer webinars, tutorials, and e-books, although specific types of educational materials are not mentioned. Market analysis services, such as daily analysis, news updates, and research reports, are also not detailed.

  Trading tools, including calculators, economic calendars, and signal services, are not explicitly mentioned, which may limit the resources available to traders for making informed decisions.

  

8. Regional Coverage and Restrictions

  UK ExeTrading primarily serves clients in the United Kingdom and potentially other regions, although specific details about the major service markets are not provided.

  The firm's regional office distribution is not mentioned, which could impact client access to support and services. Additionally, there is no information regarding countries or regions from which clients are not accepted, which is essential for compliance with local regulations.

  Special restrictions or limitations on trading activities are not outlined, leaving traders uncertain about any potential barriers to accessing the broker's services.

  In summary, UK ExeTrading presents itself as a forex broker focused on retail trading, offering a range of products and services. However, the lack of regulatory oversight, transparency in trading conditions, and limited information on customer support and educational resources may raise concerns for potential clients. As always, traders are encouraged to conduct thorough research and due diligence before engaging with any broker.

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Latest Reviews

Sugeng3956

Sugeng3956

Indonesia

I am unable to withdraw funds from the trading account while the consultant fee and tax payment have been settled, but the funds cannot be withdrawn before opening a VIP withdrawal channel of 672 million Indonesian Rupiah. Please help; I want my funds back.

Exposure

2024-07-19

UK EXETRADING Forex Broker has an overall rating of 1.44, Regulatory Index 0.00, License Index 0.00, Business Index 6.49, Software Index 4.00 Risk Control Index 0.00.
UK EXETRADING