About UBCFX Company
UBCFX is a progressive international broker specializing in providing services in the Forex market. The company stands out with a wide range of opportunities for traders, offering tight spreads, round-the-clock multilingual support, and innovative trading platforms.
UBCFX Overview
Year of Establishment: UBCFX was founded in 2018.
Regulation: The managing company United Ventures LTD is responsible for the broker’s activities. Information about the license is not provided.
Location: The company’s legal address is Suite 305, Griffith Corporate Centre, P.O. Box 1510, Beachmont Kingstown, VC0100, Saint Vincent and the Grenadines.
Contact: You can contact support via email at [email protected] or the provided phone number.
Trading Terminal: Clients can use the MetaTrader5 trading platform in various versions – on PC or web-based.
Trading Conditions with UBCfx
To start trading, registration and choosing an account type are required. The broker offers access to Forex, commodities, indices, metals, cryptocurrencies, and stocks.
- “Micro” Account: Minimum deposit $100, leverage 1:100, spreads 4 points.
- “Mini” Account: Min. deposit $500, leverage 1:200, spreads 2.5 points.
- “Standard” Account: Min. deposit $1000, leverage 1:200, spreads 2 points, access to analytical support.
- “Silver” Account: Min. deposit $5000, leverage 1:200, spreads 1.5 points, individual account manager.
- “Gold” Account: Min. deposit $10,000, leverage 1:200, spreads 1 point, individual account manager.
Clients also have access to a VIP account with a deposit of $50,000.
Deposits and Withdrawals with UBCFX
You can fund your account via bank cards, wire transfers, and payment systems Skrill, Webmoney, and Neteller. Withdrawals are processed in a similar manner.
The broker does not impose minimum requirements for deposits and withdrawals. However, consider the commissions of payment systems. Clients are provided with a credit card for operational convenience.
UBCFX Reviews
For potential traders, it is important to know that the UBCFX office is located in Saint Vincent and the Grenadines – an offshore zone. It is recommended to consult with a financial specialist before starting cooperation. Sharing personal experience with the company and reviewing services with a service level from 1 to 5 will be helpful for other traders.
Regina
My experience with UBCFX was very disappointing. Their customer service was lackluster and unresponsive; I frequently had to wait for days for a simple response to my queries. There were also several instances of hidden fees and charges that were not clearly explained to me in the beginning. The platform itself was confusing to navigate, adding unnecessary difficulty to my trading process. Overall, I felt that UBCFX comprises of a lack of transparency, poor customer service, and a complex platform. I wouldn’t recommend them if you want a smooth and straightforward trading experience.