UBK Markets Spreads, leverage, minimum deposit Revealed

UBK Markets Information

　　UBK Markets is a CYSEC-licensed broker registered as a trademark in multiple countries by Simcord, providing brokerage services for global financial markets. Simcord is a company specializing in the development of software, intelligence, and analytical products for the financial and investment sectors. It uses the iPro Marketplace trading and analytical platform, which includes capital management and financial market analysis.

Is UBK Markets Legit?

　　Cyprus Securities and Exchange Commission(CYSEC) regulates UBK Markets with license number 186/12 and License Type Straight Through Processing(STP), making it safer than unregulated.

Account Type

　　UBK Markets offers Classic Account, iPA-Manager Account, and iPA-Investor Account with different spreads, deposits, commissions, and leverage.

UBK Markets Fees

　　The spread starts from 0 pip, the commission is from 9 USD per 100,000 units of currency. The lower the spread, the faster the liquidity.

Leverage

　　The maximum leverage is 1:30 meaning that profits and losses are magnified 30 times.

Trading Platform

　　UBK Markets provides a proprietary investment management web platform that works with the web platform in universally accessible browsers based on any mobile device.

Deposit and Withdrawal

　　The first deposit amount of the classic accounts must be $25. UBK Markets accepts Bank transfers, Skrill wallets, and Bank cards for deposit and withdrawal. Withdrawals are processed within 3 days and transaction fees are charged.