UNISON CORPORATION foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://unison-corporation.com, about the company's legal and temporary regulatory information, the company's address Unit Level 9F (2), Main Office Tower, Financial Park Labuan, Jalan Merdeka, 87000 Federal Territory of Labuan, Malaysia.
Unison Corporation, established in 1997, is a trading platform that operates primarily in the forex and CFD market. The company is headquartered in Labuan, Malaysia, specifically at Unit Level 9F (2), Main Office Tower, Financial Park Labuan, Jalan Merdeka, 87000 Federal Territory of Labuan. Unison Corporation is privately owned, which allows it to maintain a flexible operational structure in the competitive trading industry.
The broker serves a diverse clientele, including retail and institutional traders from various regions. Over the years, Unison Corporation has made significant strides in its development, adapting to the evolving market demands and technological advancements. The company focuses on providing a broad range of trading instruments, including forex currency pairs, commodities, and indices, catering to both beginner and experienced traders.
Unison Corporation operates under a business model that emphasizes retail forex trading and offers various services to institutional clients. This includes providing access to advanced trading platforms and a selection of financial products designed to meet the needs of its diverse client base. The company's commitment to innovation and customer service has been a cornerstone of its growth and market presence.
Unison Corporation is regulated by the Labuan Financial Services Authority (LFSA), which oversees financial services providers in Labuan, Malaysia. However, it is important to note that Unison Corporation does not hold a license from the Securities Commission of Malaysia (SCM), which raises concerns about its regulatory standing. Additionally, there are claims that the company is licensed by Canada's Financial Transactions and Reports Analysis Centre (FINTRAC), but FINTRAC is not a regulatory body for the forex market in Canada, which further complicates its regulatory status.
The broker's regulatory license from LFSA has specific limitations and does not provide the same level of investor protection as licenses from more recognized regulatory authorities. The company claims to implement a customer funds segregation policy, ensuring that client funds are kept separate from its operational funds. However, the absence of participation in an investor compensation fund poses additional risks for clients.
Unison Corporation adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, which are essential for maintaining the integrity of its operations. These measures are designed to prevent fraudulent activities and ensure that all clients are properly verified before engaging in trading activities.
Unison Corporation offers a wide range of trading products, primarily focusing on forex trading. The broker provides access to numerous currency pairs, including major, minor, and exotic pairs, allowing traders to diversify their portfolios. In addition to forex, Unison Corporation offers Contracts for Difference (CFDs) on various asset classes, including:
Unison Corporation frequently updates its product offerings to keep pace with market trends and demands. The broker aims to provide a comprehensive suite of trading services that cater to both retail and institutional clients, including white-label solutions and asset management services for professional traders.
Unison Corporation primarily utilizes the MetaTrader 5 (MT5) trading platform, which is known for its robust features and user-friendly interface. MT5 supports various trading styles and strategies, making it suitable for both novice and experienced traders. The platform is available across multiple devices, including desktop, mobile (iOS and Android), and web-based versions, ensuring that traders can access their accounts and manage trades anytime, anywhere.
The broker employs a market-making execution model, which allows for efficient order processing and trade execution. Unison Corporation's servers are located in the United Kingdom, providing a stable and reliable trading environment. The broker also supports API access for automated trading, enabling traders to implement algorithmic strategies seamlessly.
Unison Corporation offers several types of trading accounts to accommodate different trading preferences and experience levels. The standard account conditions include:
For advanced traders, Unison Corporation may offer premium account types, including VIP and professional accounts, which come with enhanced trading conditions and lower fees. The broker also supports Islamic accounts that comply with Sharia law, providing an alternative for Muslim traders.
A demo account is available for traders to practice their strategies without risking real money, which is crucial for beginners looking to gain experience in the market. The minimum trade size and overnight fees vary depending on the account type and trading conditions.
Unison Corporation supports multiple deposit methods, including bank wire transfers, credit cards, and various electronic wallets. The minimum deposit requirement varies by account type, with a standard minimum of $100 for most accounts. The processing time for deposits is generally quick, although specific times may vary depending on the method used.
Withdrawal methods include bank transfers and e-wallets, with potential restrictions based on the client's account status. The withdrawal processing time can range from a few hours to several days, depending on the method and any additional verification required. Unison Corporation may charge fees for withdrawals, particularly for bank transfers, and it is advisable for clients to review the fee structure before initiating withdrawals.
Unison Corporation provides several customer support channels to assist its clients, including email, online chat, and phone support. The support team is available 24/5 to address client inquiries and provide assistance as needed. The broker offers multilingual support, catering to clients from various regions, with services available in English, Chinese, Spanish, and more.
To enhance the trading experience, Unison Corporation provides a range of educational resources, including webinars, tutorials, and e-books. These resources aim to equip traders with the knowledge and skills necessary to navigate the financial markets effectively. Additionally, the broker offers market analysis services, including daily updates, news, and research reports, to help traders make informed decisions.
Unison Corporation primarily serves clients in Asia and other regions, with a focus on providing services to traders in Malaysia and surrounding countries. The broker's operations are supported by its regional office in Labuan, Malaysia, which allows for a localized approach to client service.
However, Unison Corporation does not accept clients from certain countries, including the United States and other jurisdictions where regulatory restrictions apply. It is essential for potential clients to confirm their eligibility before opening an account, as trading with an unregulated broker can expose them to significant risks.
In summary, Unison Corporation offers a variety of trading products and services, supported by a robust trading platform. While the broker is regulated by the LFSA, potential clients should exercise caution and conduct thorough research before engaging with the Unison Corporation broker, given the mixed reviews and concerns regarding its regulatory status and customer service.
FX1411769832
United Kingdom
I recently came across Unison Corporation and was immediately skeptical of their lack of regulatory licenses. As a forex trader, I prioritize working with reputable brokers that have proper licenses and oversight to ensure the safety of my funds. Unfortunately, Unison Corporation does not seem to offer this level of security.
Positive
2023-03-20
鲍桐旭@声伯乐科技(天津)
Hong Kong
I was able to open my account in just a few minutes. Verification didn't take time and bit complicated at all. So far the trading conditions have been okay. I have not noticed any setbacks in the process.
37130
2023-03-01
Boat2957
Thailand
Unable to actually withdraw money, and they deceive other people to invest tens of millions
Exposure
2023-06-03