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No Regulation
Score
1.38 /10
Danger
Unique Elite Market
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index5.99
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
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Warning: Low score, please stay away!
2
Previous Detection :
2024-09-20
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
Note: Unique Elite Market is to operate via the website - https://uniqueelitemarket.com/, which is currently not yet functional and no information about the company was immediately available. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
General Information & Regulation
| Feature | Detail |
| Regulation | No Regulation |
| Market Instrument | N/A |
| Account Type | Starter, Silver, Gold and Platinum |
| Demo Account | N/A |
| Maximum Leverage | N/A |
| Spread | N/A |
| Commission | N/A |
| Trading Platform | N/A |
| Minimum Deposit | $500 |
| Deposit & Withdrawal Method | Bitcoin or Ethereum |
Unique Elite Market is allegedly a financial service company registered in the United Kingdom that claims to provide its clients with four different live account types.
As for regulation, it has been verified that Unique Elite Market currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.16/10. Please be aware of the risk.
Account Types
Unique Elite Market claims to offer four types of trading accounts - Starter, Silver, Gold and Platinum, with minimum initial deposit requirements of $500, $1,000, $2,500 and $15,000 respectively. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less.
Trading Platform Available
Unique Elite Market claims to give traders the world‘s leading MT4, however, there was no download link for MT4 on the broker’s website. Anyway, you had better choose brokers who offer the leading MT4 and MT5, which are highly praised by traders and brokers alike due to their ease of use and great functionality, offering top-notch charting and flexible customization options. They are especially popular for their automated trading bots, a.k.a. Expert Advisors.
Deposit & Withdrawal
The only way to deposit with Unique Elite Market is by using Bitcoin or Ethereum. The minimum initial deposit requirement is up to $500.
Customer Support
Unique Elite Markets customer support can be reached by telephone: +15598543169, +1(954)9986731, email: support@uniqueelitemarket.com. Company address: 71 Cherry Court SOUTHAMPTON SO53 5PD.
Pros & Cons
| Pros | Cons |
| • Multiple account types to choose from | • No regulation |
| • Website inaccessible | |
| • High minimum deposit ($500) | |
| • Only crypto payments supported | |
| • Lack of transparency |
Frequently Asked Questions (FAQs)
| Q 1: | Is Unique Elite Market regulated？ |
| A 1: | No. It has been verified that Unique Elite Market currently has no valid regulation. |
| Q 2: | Does Unique Elite Market offer the industry-standard MT4 & MT5？ |
| A 2: | No. Unique Elite Market says to offer MT4, but no download links are offered. |
| Q 3: | What is the minimum deposit for Unique Elite Market？ |
| A 3: | The minimum initial deposit to open a Starter account is $500, while $1,000, $2,500 and $15,000 for the Silver, Gold and Platinum accounts respectively. |
| Q 4: | Is Unique Elite Market a good broker for beginners？ |
| A 4: | No. Unique Elite Market is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website and high initial deposit requirement. |
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