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UBK Markets Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-01-15 11:32

Abstract: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.

UBK Markets Review Summary
Founded2017-07-26
Registered Country/RegionCyprus
RegulationRegulated
Market Instruments/
Demo Account❌
LeverageUp to 1:30
SpreadFrom 0 pip
Trading PlatformUBK Markets(Web)
Min DepositClassic Account: $25/iPA-Manager Account: Not available/iPA-Investor Account: $100
Customer SupportPhone: +357 25 353630
Email: support@ubkmarkets.com

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.

UBK Markets Information

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.

Is UBK Markets Legit?
Is UBK Markets Legit?

Account Type

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

Account Type Classic AccountiPA-Manager AccountiPA-Investor Account
Minimum Spread0 pip(Floating)0 pip(Floating)0 pip(Floating)
Commission9 USD per 100,000 units of currency16 pips16 USD per 100,000 units of currency
Minimum Deposit$25Not available$100
Maximum Leverage1:30Not available1:30

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.

Trading PlatformSupported Available Devices Suitable for
UBK Markets✔WebAll traders

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.

Payments Methods Transaction Fees Processing Time
DepositWithdrawalDepositWithdrawal
Bank transferYour bank fee45 USD1–3 business day(s)1–3 business day(s)
Skrill wallet1%1%Instant1 business day
Bank card2.8 %—Instantly—

Related broker

Regulated
UBK Markets
Company name:UBK Markets Ltd
Score
4.17
Website:https://www.ubkmarkets.com/en/home
10-15 years | Regulated in Cyprus | Straight Through Processing (STP) | Self-developed
Score
4.17

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