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UBS Markets Forex Broker provides real users with * positive reviews, * neutral reviews and 1 exposure review!

UBS Markets Broker Review

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UBS Markets Review 1

Latest All(1) Exposure(1)
Exposure
They kept asking for money. I didn't deposit.

YOUR EXPERTS SAID WE ARE THE 4TH LARGEST BANK IN THE WORLD. BUT YOU CAUSED MY BANKRUPTCY BY MAKING DEMANDS THAT EVEN THE WORST SCAMMER COMPANIES DID NOT MAKE OR REQUEST. FIRST, I WAS CONVINCED TO WORK WITH YOU AS A RESULT OF THE INSISTED CALLS AND TALK OF AN EMPLOYEE NAMED BAŞAK. I OPENED AN ACCOUNT FOR YOU FOR TESTING PURPOSES WITH A FEE OF 10 THOUSAND TL. I WAS REFERRED TO A SPECIALIST NAMED CAVIT AKSOY FROM THE FIRST DAY. HE SAID HE WOULD TAKE CARE OF ME. FROM THE FIRST DAY, Mr. CAVIT SAID THAT THIS AMOUNT WILL BE INSUFFICIENT TO OPEN AND CLOSE TRANSACTIONS. I SAID I DID NOT HAVE ANY MORE MONEY. AS A RESULT OF THEIR INSISTANCE, THEY INCREASED THE MONEY IN MY ACCOUNT BY WITHDRAWING MONEY FROM MY ADDITIONAL ACCOUNTS. AS A RESULT OF THIS, I FALLED IN MINUS IN MY ADDITIONAL ACCOUNTS. IN THIS WAY THEY GAVE ME LOANS ACCESSED ADDITIONAL ACCOUNTS AND INCREASED THE MONEY IN MY APPLICATION ACCOUNT. THESE STARTED ON JANUARY 16, 2024. Mr. CAVİT OPENED HIGH-LOT TRANSACTIONS FOR ME AND TOLD ME THAT WE HAD TO WAIT UNTIL FRIDAY (JANUARY 19) AND THAT WE WILL NOT INTERVENE, TOLD ME THAT WE WILL COLLECT THE PROFIT ON FRIDAY. HE TOLD ME THAT HE HAD OPENED A PRE-TRANSACTION (I DID NOT OPEN THIS TRANSACTION AND THERE WAS NO TRANSACTION IN MY APPLICATION ACCOUNT.) MEANWHILE, HE TOLD ME THAT 455 THOUSAND TL WOULD BE WITHDRAWN ON WEDNESDAY AND THAT I SHOULD DEPOSIT 180 THOUSAND TL TO RECEIVE THIS MONEY. I TOLD ME THAT I DID NOT HAVE ANY MORE MONEY, I DID NOT WANT THAT AMOUNT OF 455 THOUSAND TL, AND I ONLY WANTED TO BUY WHATEVER I WON. Mr. CAVIT ALSO SAID THAT HE COULD NOT CANCEL THE TRANSACTION AND THAT I HAD TO DEPOSIT THE MONEY. HE MADE ME GET A LOAN AND DEPOSIT 169 THOUSAND TL. THEN HE TOLD ME TO INVEST ANOTHER 180 THOUSAND TL OF THIS MONEY, NOT IN PIECES, BUT ALONE. EVEN IF I SAID THAT I DID NOT HAVE ANY OTHER MONEY, HE INSISTED I DEPOSIT MONEY. HE FORCED ME TO GET MORE CREDITS FROM BANKS AND TO GET THIS MONEY BY WITHDRAWING THE MONEY FROM MY OTHER ADDITIONAL ACCOUNTS. WHEN I TOLD ME THAT THE BANKS ARE NOT GIVING MORE CREDIT, HE SAID HE WAS A FORMER BANKER AND TOOK MY PASSWORD AND IDENTIFICATION INFORMATION.

Şahin 8227
2024-02-01

  

Ubs Markets 2025 Review: Everything You Need to Know

  Ubs Markets has garnered significant attention in the forex trading community, but the reviews reveal a mixed bag of user experiences and expert opinions. While some traders appreciate the rebate system and the potential for lower trading costs, others express concerns about the lack of regulation and customer support issues. This review aims to provide a comprehensive overview of Ubs Markets, highlighting key features and user experiences.

  Note: It's important to recognize that Ubs Markets operates across different regions, and the regulatory status may vary. This review utilizes a balanced approach to ensure fairness and accuracy.

  

Ratings Overview

Category Rating (out of 10)
Account Conditions 3
Tools and Resources 4
Customer Service and Support 2
Trading Setup (Experience) 5
Trustworthiness 3
User Experience 4

  How We Rate Brokers: Ratings are based on a combination of user feedback, expert analysis, and available data.

  

Broker Overview

  Founded in 2007, Ubs Markets is a forex broker that primarily focuses on providing trading opportunities in the forex market. The broker offers a rebate system that is designed to lower trading costs, appealing to both novice and experienced traders. However, it is essential to note that Ubs Markets lacks regulation from recognized authorities, which raises concerns about its trustworthiness. The trading platform is not explicitly mentioned in the sources, but it is likely that users have access to standard trading tools. Ubs Markets primarily facilitates forex trading, with limited information on other asset classes or trading instruments.

  

Detailed Section

  Regulatory Regions:

  Ubs Markets does not appear to be regulated by any major financial authority, which is a significant concern for potential traders. The lack of regulation can expose traders to higher risks, particularly in terms of fund security and operational transparency.

  Deposit and Withdrawal Currencies/Cryptocurrencies:

  The available information does not specify the currencies supported for deposits and withdrawals, which could be a limitation for traders looking to operate in multiple currencies or cryptocurrencies.

  Minimum Deposit:

  The minimum deposit requirement is not clearly defined in the sources, but some reports suggest that it could be as low as $0, which is attractive for new traders looking to enter the market without significant financial commitment.

  Bonuses/Promotions:

  Ubs Markets offers a rebate promotion that claims to provide cash back on trades, which could potentially enhance profitability for traders. However, the specific terms and conditions of these promotions are not detailed, leaving room for uncertainty.

  Tradable Asset Classes:

  The primary focus of Ubs Markets is on forex trading, with limited mention of other asset classes. This narrow focus may not appeal to traders looking for a more diverse trading portfolio.

  Costs (Spreads, Fees, Commissions):

  The costs associated with trading at Ubs Markets are somewhat unclear. While the rebate system suggests lower trading costs, the actual spreads and fees are not explicitly mentioned, which could lead to confusion among potential users.

  Leverage:

  Information regarding leverage options is not provided, which is a crucial factor for traders looking to maximize their trading potential.

  Allowed Trading Platforms:

  The trading platforms available to Ubs Markets users are not specified in the sources. This lack of clarity may affect traders' decisions, as access to well-known platforms like MT4 or MT5 is often a significant consideration.

  Restricted Regions:

  There is no clear indication of regions where Ubs Markets is restricted, but the absence of regulation may deter users from certain jurisdictions.

  Available Customer Service Languages:

  Ubs Markets primarily offers support in English, which may limit accessibility for non-English speaking traders.

  

Repeated Ratings Overview

Category Rating (out of 10)
Account Conditions 3
Tools and Resources 4
Customer Service and Support 2
Trading Setup (Experience) 5
Trustworthiness 3
User Experience 4

  

Detailed Breakdown

  Account Conditions (3/10):

  The account conditions at Ubs Markets are not very competitive, primarily due to the lack of clarity regarding minimum deposits and the absence of regulation. This can create uncertainty for potential traders.

  Tools and Resources (4/10):

  While the rebate system is a notable feature, the overall tools and resources available to traders seem limited. The lack of a specified trading platform may also hinder user experience.

  Customer Service and Support (2/10):

  Customer support appears to be lacking, with numerous complaints about slow response times and inadequate assistance. This is a significant drawback for traders who may require timely support.

  Trading Setup (5/10):

  The trading experience can be average, particularly for those who benefit from the rebate system. However, the lack of detailed information about trading platforms and tools may limit the overall experience.

  Trustworthiness (3/10):

  The absence of regulation raises serious concerns about the trustworthiness of Ubs Markets. Many reviews highlight the risks associated with trading with unregulated brokers.

  User Experience (4/10):

  User experiences are mixed, with some traders appreciating the rebate system while others express frustration with customer service and withdrawal issues. This inconsistency can deter potential users.

  In conclusion, Ubs Markets presents a mixed picture for potential traders. While the rebate system may attract some users, the lack of regulation, unclear costs, and customer service issues raise significant red flags. As always, potential traders should conduct thorough research and consider their risk tolerance before engaging with Ubs Markets.

UBS Markets review