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UNIGLOBEMARKETS

UNIGLOBEMARKETS
About company:

Uniglobe Markets is an offshore broker offering Forex, Indices and CFDs trading on the most popular MetaTrader 4 trading platform.

 

Company. Fund security

Uniglobemarkets.com is a domain owned and operated by Uniglobe Markets Limited, a company registered in the Marshall Islands.

 

Brokers based in the Marshall Islands generally do not face strict requirements during the company registration and operation process. The working conditions for brokers in this offshore zone are more loyal than in the EU or the USA.

 

Nevertheless, on its website, the broker claims that it follows strict management discipline, keeps clients' money in segregated accounts in rated banks around the world, and operates in accordance with the laws of the Marshall Islands (registration number 78101).

 

Trading conditions

Uniglobe Markets clients are offered a choice of 5 account types to suit the needs of traders with a variety of backgrounds. All accounts, except ECN, are free of commission. Micro lots are available for trading exclusively on a Micro account.

 

Scalping, hedging, and automated strategies (EAs) are allowed for all account types, while free trading signals are available on Standard and ECN accounts.

 

It's worth noting that Uniglobe Markets offers ECN Classic and ECN Elite accounts. On Classic, you can open an Individual Trading Account, a Joint Account or a Corporate Account.

 

Minimum initial deposit

Uniglobe Markets offers traders to start trading with as little as $ 100. The company believes that this amount is enough to test the trade before investing a large amount. That being said, many brokers in the industry offer deposits of $ 10 or even $ 1.

 

Spreads and commissions

Company spreads are variable and differ by account type. Average values for non-ECN accounts are EUR / USD. The ECN account provides spreads with minimal values, but it also charges a commission. In general, pips are above 1.5 points on an ECN account.

 

Leverage

In terms of margin requirements, Uniglobe Markets is one of the brokers that offer up to 1: 500 leverage. However, you can use it only on the Micro account. Leverage is provided for Mini up to 1: 300, for ECN Classic and Standart - up to 1: 200, for ECN Elite - up to 1: 100.

 

We advise traders to exercise caution when using high leverage ratios as they come with a lot of risk.

 

Trading platforms

Uniglobe Markets offers its clients the world famous MetaTrader 4 (MT4), its desktop and mobile versions (for Android and iPhone).

 

MT4 offers a multilingual interface, technical analysis, the ability to open multiple windows with unique settings at once, one-click trading.

 

Training

Uniglobe Markets offers free training that includes seminars and webinars. To take advantage of this offer, you must contact the company's employees.

 

Bonuses

Uniglobe Markets offers the following promotions to its traders:

 

1. Welcome bonus of 60% (can be credited up to $ 6,000), which is only available for two months.

 

2. Cash Rebate from $ 4 to $ 10 per 1 lot, depending on the trader's trading volume. To be eligible for cash rebates, a client must maintain a trading account with Uniglobe Markets for at least one month after the initial deposit.

 

3. "Refer a friend" - a program that offers a reward for a new client brought to the company. The amount of remuneration depends on the size of the initial deposit of the referred client.

 

In addition, the company offers various bonus programs in honor of the holidays, such as the New Year.

 

Support service

It works around the clock, answering traders' requests by phone, skype, e-mail and using the feedback form. The site is translated into English, Spanish, Arabic, Portuguese, Sinhalese.

 

Ways of payment

Uniglobe Markets offers a variety of payment methods for clients: bank transfer, credit / debit cards and e-wallets Neteller, Skrill, WebMoney, Qiwi, Perfect Money, OKPay, CashU.

 

All deposits and withdrawals are processed between 07:00 and 17:00 GMT. UniglobeMarkets does not charge any deposit or withdrawal fees.

 

Pros:

 

low initial deposit; available MT4; high level of leverage; ECN environment.

 

Minuses:

 

non-regulation.

 

 

UNIGLOBEMARKETS is a brokerage company whose task is to provide intermediary services to traders. Brokers provide access to currency trading in the first place. Many of them also provide an opportunity to transact with company stocks, bonds, commodities, precious metals, indices, cryptocurrencies and other assets. A private person can make transactions with all these instruments only on the trading platform, which the broker provides access to.

In addition, thanks to the brokerage company, an individual can operate on the market with amounts that significantly exceed the size of their own funds. This is called providing leverage. For example, having a deposit of 1,000 USD with a 1: 400 leverage, a trader can make deals for 400,000 USD.

The broker also opens access to analytics, auxiliary tools, and trading signals. Modern trading is impossible without all this.

What is the benefit of a broker?  

 

The broker UNIGLOBEMARKETS makes profit from traders' transactions, as a rule, in two main ways.

The first is the most common. Using spreads. This word refers to the difference between the best prices for buying and selling a particular asset at a particular moment. Moreover, in a transaction between a trader and a broker, the price is one, and between a broker and users of the Forex market - another. The mediator takes the difference for himself.

The second way is easier to understand. This is the collection of a commission for each transaction performed. Most often it has a standard value, but it can be measured as a percentage.

Thus, the brokerage company is interested in attracting as many clients as possible and for them to conduct active trading.

 

Ways to cheat customers  

 

We have found out how honest brokers should work and how they work. Now let's look at how scammers operate, they are also called the kitchen.

The most common way to cheat is to tweak quotes. The broker provides the trader with quotes that differ from the real market ones. Data substitution occurs in order to make operations unprofitable. The deposit is reduced, and then completely zeroed out. At the same time, the trader thinks that his operations were carried out in the market, but in fact - only on the site of scammers.

Bonuses are traps. They are generously distributed for anything: for registration, account replenishment, etc. Only after that, in order for the client to withdraw his own money, mixed with bonus money, it will be necessary to fulfill a number of virtually impossible conditions. For example, conduct trading operations for an amount tens of times greater than the size of the deposit.

In the User Agreement, a clause can also be disguised that allows the broker to manage the client's money. Inattention when reading such an agreement most often turns into a complete loss of the deposit.

 

Where are brokerage companies registered?

 

One of the key points is the place of registration and regulation of the company's activities.

Let's talk about registration first. As a rule, brokers from either their own country or from an economically developed country, for example, a member of the European Union, are more credible to traders. Of course, compliance with UK legislation is reassuring, and compliance with the legislation of an unknown island in the Indian Ocean does not mean anything to most.

However, most brokerage companies are registered offshore. And it's not only about small offices, but also about world leaders. Saint Vincent and the Grenadines, Belize, Marshall Islands, Mauritius are offshore zones popular among brokers. By registering there, companies pay significantly less taxes than in the place of actual location, which is sometimes carefully hidden.

If a trader has any claims against such a company, then it is likely that he will have to deal with it in accordance with the legislation of that very conditional Belize. It is possible to be physically present there at the court sessions. And this is extremely expensive and difficult.

But is it worth running like fire from just the word "offshore"? As an answer, we will give the names of companies that are not related to brokerage, but with an impeccable reputation and also save on taxes through offshore registration: Apple, Pfizer, Microsoft, General Electric, Intel.

And here we come to the second important point - this is the regulation of the broker's activities. First of all, it is carried out at the level of the state where the company is registered. Each country has its own regulatory body for brokerage activities. So, in Russia it is the Central Bank of the Russian Federation. A trader can find permissive documentation on the websites of such bodies. But there are also supranational structures. For example, the International Financial Commission (The Financial Commission), which is an independent self-regulatory organization,   considering disputes between its members - brokers and their clients.

If the broker's website does not contain information about the regulation of its activities, then these are almost certainly scammers. Or the site contains information about a certain license issued to him, but this information is not confirmed anywhere else. Most likely, these are also scammers.

 

What else to pay attention to?

 

When choosing a brokerage company, study its history. Check out the links to her experts. If one of the leading TV channels in economic news for 5 years in a row refers to the opinion of the analyst of the broker in question, this is good. If a broker claims to have been working for 15 years, but there is no information about him on the Internet at all, this is bad.

It's important to pay attention to company reviews. And read them not only on the website of the broker itself. In the kitchen, they will probably only be laudatory. It is best to browse as many sites as possible.

Pay attention exclusively to the specifics in the offers on the brokers' websites. Honest companies openly write about interest, spread size, minimum deposit, etc. Fraudsters lure with loud, streamlined phrases about a rich tomorrow, stable income, misleading with incomprehensible terms about multi-sites, super functions, and so on.

Find out the company's connection with well-known brands, financial institutions, public organizations. For example, it can be sponsored. Large brokers sometimes hold social promotions. Fraudsters will definitely not do this.

Thus, the process of choosing a broker is complex. But if you approach it carefully, it will allow you to enter the world of trading, which has made millions of people rich all over the world.

FAQ - broker questions

  • 1. Do the trader reviews impact on a rating of UNIGLOBEMARKETS ?

    Any feedback can raise or lower the rating company. To read reviews, go into the rating and select your broker.

  • 2. How to leave a comment about UNIGLOBEMARKETS on the website 4ex.review ?

    In order to leave a review about the broker, go down page, enter a valid email and Your review with an overall score. Reviews are moderated and tracked by the number of comments from the same IP or email. Tech support may request the actual documents that prove that the user was or is a customer of the broker. This rule applies to negative and positive reviews. We want our portal to be honest and independent.

  • 3. Can we assume the broker UNIGLOBEMARKETS decent?

    Before any trade and choosing a broker You must always read reviews on this site and on other sites. Brokers who are honest, have a rating of above 3.8. Also there is always the risk of loss when trading CFDs. Be careful and read the disclosure on the website of the broker. UNIGLOBEMARKETS received a score of 1 of 5 on our resource.

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