Updated Review of Umarkets Forex Broker
Reviewed broker: UMarkets
Operated by Maxi Services (Belize) Ltd.
Established in 2014
Location: 15 The Sycamores Clonshaugh Woods, Clonshaugh Dublin 13, Republic of Ireland
Regulation: Regulated by IFSC. License № IFSC/60/338/TS/17
ECN: claims to be ECN broker, however the broker’s website lacks any information about ECN account types or trading conditions
Trading instruments: currency pairs, indices, shares, commodities CFDs
Why Trade with UMarkets?
30% Welcome Bonus
24/7 Customer Support
0% Fees on Deposits
1.6 Spread EUR/USD
Innovative web-platform with high speed of execution
“Single-click easy trading”function
Autochartist programs for confidence in decision-making
Personal Account Manager
Full range of trading tools
Trade and invest freely from anywhere on the planet with Umarkets online platform using high-tech functionality, speed and profitability of the terminal.
Caring for the clients, UMarkets makes every effort to optimize the trading processes and services provided.
The main advantages of the Umarkets online platform are:
Wide range of tools
There are 170 trading instruments on the platform, among them the most popular stocks and indices, precious metals and energy products. After defining your working portfolio, you can add favorite tools to your favorites, where a convenient working system was specially designed for users of the platform.
Timely risk management
Fix profits and limit possible losses at the most appropriate time. Umarkets online platform provides an opportunity for more convenient work with market orders. The functions of working with charts and order management tools provide quick and effective monitoring of your positions and allow you to set Stop loss and Take profit directly on the chart!
All transactions are under control
On the platform, you can work with open and closed deals, limit orders, besides that, viewing all trades on the same instrument will help keep the entire trading process under control and take into account the result of already completed transactions, analyze the work history and build your own trading strategy.
The best trading solutions
Discover even more profit opportunities using the technical adviser Autochartist, which is now built into the platform. Use the most effective methods of technical analysis and make profitable trading decisions! Autochartist will save your time and select the right entry points to the market, as well as give a clear analysis of the expected goals.
MT4 Web terminal
Millions of traders throughout the world choose MetaTrader 4:
- Comfortable and user-friendly intuitive interface
- Real-time quotes
- Account monitoring and the operation management
- Graphs of various time periods with the built-in printer interface
- Multiple technical indicators and instruments
- Possibility of indicator and the automatic trading program personalisation
A Unique opportunity to use the Metatrader 4 directly on the site Umarkets.com!
Different types of accounts
An Islamic Account can be any on above, and is managed according to Sharia Law.
|Minimum first deposit||$500||$5,000||$10,000||from $35,000|
|Access to all platform features (trade on indexes)||no||yes||yes||yes|
|More information in Autochartist||no||yes||yes||yes|
|SMS - signals||no||no||yes||yes|
|Individual direct telephone line||no||no||yes||yes|
|Personal reports on the stock market||no||no||no||yes|
Trading Conditions with Umarkets Forex Broker
Demo account: available
Segregated accounts for client funds: yes
Technical indicators: yes
Back testing options: yes
Expert Advisors: available
Automated trading: yes
Guaranteed stop loss: yes
Guaranteed limit orders: yes
API trading: available
VPS hosting: no
Trading signals: yes
Minimum trade size: 0.1
Maximum leverage: 1:400
Fixed spreads, WEB platform
Fixed spreads start from 2.5 pips
Variable spreads, MT4 platform
Variable spreads start from 2 pips
Autochartist is a program that will inform you about upcoming movements on the market.
A simple and convenient tool for analyzing the financial market behavior.
UMarkets education center offers many different types of Forex training, giving you all the tools for success.
Promotions and bonuses
At the moment of the review, there was 30% Welcome Bonus Special offer!
Payment Options for Funding Accounts with Umarkets
Minimum deposit requirement: $500
Payment methods: credit cards, wire transfer, Skrill, Neteller
At Umarkets.com, our superior support staff is just a phone, email or online chat. The broker have a multi-lingual customer support staff that is available at any hour and guide you every step of the way.
How was the rating of Umarkets performed compared to other brokers?
This 2020 Forex Broker Review has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on Umarkets FX broker performance and features.
Overall our online Umarkets review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online Umarkets or you find inaccurate details Umarkets Capital broker review please get in touch with us and the changes will be applied.