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

UKCH Broker Review

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UKCH Review 1

Latest All(1) Exposure(1)
Exposure
The withdrawal was limited by BTC trading platform? Are teachers fraudsters in UKGR?

Exposure platform:UKGR Teacher: Wen Yuan,Chu Ying,He Jiayan,Li Hailiang,Wang Yongqiang and Zhang Yang Order recommendation group:Jingwumen Product:BTC Live-broadcasting room:Huiyanshizhuang Method of instruction:one-to-one instruction,through group and live-broadcasting room I was accidentally pulled into a group,in which teachers recommended some stocks,which all enjoyed a goog market.Later,the market kept going down.Someone suggested that they take us to trade digital currency.He refused at first,saying that only digital currency needs a threshold of 100000 RMB.To follow the market,I made a raise to the threshold.Having earned a lot,I trusted the teacher more.But in the following days,I made constant loss,losing half of the fund within 1 week.Wen Yuan said the overall market was right and told us not to operate privately.I stopped loss halfway,the teacher said that I haven’t the ability to execute.If he find the situation next time,he wouldn’t take us to trade.Listening to his advice,I had only 10000 RMB left and was banned to open position.He promised to recover losses for us,while we made constant losses later.When calming down,I realized that I had been cheated!

百利法援
2019-11-04

  

Ukch 2025 Review: Everything You Need to Know

  Ukch, a forex brokerage based in the United Kingdom, has garnered attention in the trading community for its range of services and regulatory standing. This review synthesizes various sources to present a comprehensive overview of Ukch, highlighting both its strengths and weaknesses. Overall, while Ukch is recognized for its regulatory compliance and the variety of trading instruments it offers, concerns over its user experience and lack of transparent fee structures persist.

  Note: It is crucial to consider that Ukch operates under different entities across regions, which may affect the trading experience and regulatory protections available to users. This review aims to provide a fair and accurate representation of Ukch based on available data.

  

Ratings Overview

Category Score (out of 10)
Account Conditions 5.5
Tools and Resources 6.0
Customer Service and Support 5.0
Trading Setup (Experience) 5.5
Trustworthiness 6.5
User Experience 5.0
Additional Category 5.0

  How We Rate Brokers: Our ratings are based on comprehensive research, user feedback, and expert opinions.

  

Broker Overview

  Founded in 2012, Ukch is officially known as UK Clearing House Limited and is regulated by the Financial Conduct Authority (FCA) in the UK, which adds a layer of credibility to its operations. The broker provides access to a variety of financial instruments, including forex, CFDs, commodities, and indices, catering to a diverse range of trading preferences. Ukch primarily operates on the popular MetaTrader 4 (MT4) platform, which is favored by many traders for its user-friendly interface and extensive analytical tools.

  

Detailed Section

  •   Regulated Geographic Areas/Regions:

      Ukch is regulated primarily in the United Kingdom by the FCA, which is known for its stringent regulatory framework. This regulation provides a level of protection for traders, ensuring that the broker adheres to high standards of conduct.

  •   Deposit/Withdrawal Currencies/Cryptocurrencies:

      The specifics regarding accepted currencies for deposits and withdrawals are not clearly outlined on Ukch's website, which raises some concerns about transparency. However, it is common for brokers in this category to accept major currencies like GBP, EUR, and USD. The absence of cryptocurrency options for transactions is also notable.

  •   Minimum Deposit:

      The minimum deposit requirement for opening an account with Ukch is not explicitly stated in the available literature, which could deter potential clients looking for clear entry points into trading. This lack of information is a recurring issue highlighted by users in various reviews.

  •   Bonuses/Promotions:

      There is limited information regarding bonuses or promotional offers for new clients at Ukch. The absence of enticing promotional strategies may impact its competitiveness in attracting new traders.

  •   Tradeable Asset Categories:

      Ukch offers a diverse range of trading instruments, including forex pairs, commodities, and indices. This variety allows traders to diversify their portfolios, although detailed information on specific asset classes is not extensively provided.

  •   Costs (Spreads, Fees, Commissions):

      The cost structure at Ukch remains somewhat opaque, as specific details regarding spreads and commissions are not readily available. This lack of clarity can be a significant drawback for traders who prioritize cost-effectiveness in their trading strategies.

  •   Leverage:

      Ukch offers leverage of up to 1:30 for forex pairs and 1:20 for other CFDs, aligning with European regulations set forth by ESMA. While this leverage can enhance trading potential, it also increases risk, which traders must manage carefully.

  •   Allowed Trading Platforms:

      Ukch utilizes the MetaTrader 4 platform, which is widely recognized for its advanced trading capabilities, including automated trading options and extensive charting tools. However, the lack of support for MetaTrader 5 may limit options for traders seeking more advanced features.

  •   Restricted Regions:

      While specific restricted regions are not mentioned, it is advisable for potential clients to verify whether their country of residence allows trading with UK-based brokers, as regulations vary significantly across jurisdictions.

  •   Available Customer Service Languages:

      Ukch primarily offers customer service in English. This may pose a challenge for non-English speaking traders, potentially impacting their overall experience.

      

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    Repeated Ratings Overview

    Category Score (out of 10)
    Account Conditions 5.5
    Tools and Resources 6.0
    Customer Service and Support 5.0
    Trading Setup (Experience) 5.5
    Trustworthiness 6.5
    User Experience 5.0
    Additional Category 5.0

      

    Detailed Breakdown of Ratings

    • Account Conditions (5.5): The lack of clear minimum deposit requirements and limited promotional offers detracts from the overall attractiveness of Ukch's account conditions.
    • Tools and Resources (6.0): The availability of the MT4 platform provides traders with powerful tools; however, the absence of MT5 limits advanced trading capabilities.
    • Customer Service and Support (5.0): User reviews indicate mixed experiences with customer support, highlighting a need for improvement in responsiveness and availability.
    • Trading Setup (5.5): While the trading environment is generally stable, the lack of transparency regarding costs and fees can lead to frustration among traders.
    • Trustworthiness (6.5): Being FCA regulated enhances Ukch's credibility, but concerns about transparency and user experiences may affect overall trust.
    • User Experience (5.0): Users have reported challenges with the platform's usability and clarity of information, impacting their overall trading experience.

      In conclusion, while Ukch presents itself as a regulated and established broker, potential users should approach with caution due to the lack of transparency regarding costs and account conditions. The mixed user experiences and limited promotional offerings may influence traders' decisions. For those considering Ukch, thorough research and consideration of individual trading needs are essential.

UKCH review