UgoChange
Company Overview of UgoChange: Brief Information
The UgoChange brokerage center is one of the offshore brokers. According to the project’s own data, its headquarters are located in the Marshall Islands, which are part of an offshore zone. However, the lack of information about licenses raises doubts about the legality of the broker’s activities.
Advantages as Stated by UgoChange
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Providing clients with round-the-clock professional support from experienced specialists in trading on financial markets and investing.
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Promising to have licenses from leading regulators, although this information is not confirmed on the official website ugochange.com.
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Ensuring security, reliability, and stability of operations.
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Guaranteeing minimal costs for the client, including the lowest trading and transaction costs.
Trading Instruments and Platforms of UgoChange
The broker offers trading in various financial instruments such as global stocks, futures, currencies, and CFDs. However, information about the trading platform is extremely limited, only specifying its availability on MacOS, Windows, and Linux devices.
Trading Accounts at UgoChange
There is no information on the broker’s official website about the types of accounts based on the minimum deposit. UgoChange claims to provide traders with the best trading and investment conditions, but without differentiation between account types. Clients receive a single account with equal trading conditions.
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Flexible margin requirements.
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Direct Market Access (DMA).
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Leverage up to 1:500.
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Negative balance protection.
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Funds segregation (client money held in segregated accounts).
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24/7 support.
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Tight spreads.
Account Funding and Withdrawal at UgoChange
The terms of account funding and withdrawal remain undisclosed. The broker provides a list of supported payment systems but does not disclose information on operation times, commissions, and limits.
Conclusions
An analysis of the ugochange.com website reveals several drawbacks of this broker, including its offshore origin, lack of registration documentation, absence of a license, and insufficient informativeness of the official website. Reviews and expert consultation can help avoid unpleasant surprises when working with the UgoChange broker.