UBCFX is an online trading broker that offers over 120 trading instruments across different asset classes, such as forex, indices, equities, metals, energies, agricultural commodities, and cryptocurrencies through the advanced MT5 platform. They provide traders with several useful trading tools and a selection of educational resources. Clients also have the option to choose from multiple account options with a minimum deposit of $100.
UBCFX Review Introduction
In this UBCFX review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including UBCFX.
UBCFX Platforms & Tools
The broker provides their clients with the popular and highly advanced MetaTrader 5 (MT5) trading platform. MT5 has an intuitive and user-friendly interface, making it useful to traders of all experience levels. The platform is replete with an array of advanced features and extended capabilities, including support for multiple order types, multiple charts and timeframes, and an economic calendar. It supports for the creation of custom indicators, scripts, and expert advisors using the MQL5 programming language.
MT5 is available as a desktop application for Windows and Mac computers, WebTrader that runs directly on most modern web browsers, and mobile trading apps that can be downloaded on mobile devices running on Android and iOS. With the mobile app, clients can access their accounts on the go.
The broker also provides clients with a range of useful trading tools, such as the MT5 Copy Signals, Pips Calculator, Margin Reports, Market Opportunities, Best Trades, and Live Analysis. These tools are basically geared towards enhancing clients’ overall trading experience.
UBCFX Research & Education
The broker provides traders with a selection of educational resources to help them understand basic trading concepts. Some of the resources provided include MT5 Tutorials, Video Tutorials, Webinars, and EBooks.
UBCFX Trading Accounts
UBCFX offers different trading account types to meet various trading styles and levels of experience. They include Micro, Mini, Standard, Silver, Gold, and VIP Accounts. The minimum required deposits range from $100 on the Micro Account to $50,000 for the VIP Accounts. All accounts are swap-free with no overnight fees, and they have a minimum trade volume of 0.10 lot and can be traded on all trading platforms. There is also full access to the Trading Academy and Social Trading. Demo accounts are also available for practice purposes.
UBCFX Account Funding
UBCFX accepts a wide range of secure online payment methods. The broker charges no fees for deposits, while withdrawal charges may apply. The transaction processing time depends on the method used. The acceptable payment methods include bank wire transfer, credit/debit cards, cryptocurrency (Bitcoin), and online payment methods, such as Neteller, Skrill, DixiCard, Interac, Bpay, Sofort, WebMoney, QIWI, and DEAL.
UBCFX Customer Service
The broker provides clients with a responsive customer service team to answer traders’ queries. They are available 24/5 and can be reached through email, telephone, and live chat. Clients can also use the ‘send us a message’ option on the broker’s website.
UBCFX is a brokerage brand owned and operated by United Ventures Limited, an offshore financial service firm. However, they are not regulated by any known financial authority in the world.
UBCFX Review Summary
Overall, UBCFX is an offshore trading broker that is located in Saint Vincent and the Grenadines. They offer over 120 tradable assets for online trading via the advanced MT5 trading platform. The broker provides clients with several useful trading tools and a selection of educational materials.
It is worth mentioning that some of the trading products and services in this UBCFX review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the UBCFX broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.