Score

2.05 /10
Danger

UNFXB

Saint Vincent and the Grenadines

2-5 years

Suspicious Regulatory License

MT5 Full License

Regional Brokers

High potential risk

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Quantity 1

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Score

Regulatory Index0.00

Business Index6.58

Risk Management Index0.00

Software Index7.94

License Index0.00

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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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Regulatory disclosure

Danger

ID BAPPEBTI
2022-09-20
Bappebti Blocks 760 Website Domains, Reminds of the Risk of Transactions in Unlicensed PBK Entities
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Broker Information

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Company Name

UNFXB

Company Abbreviation

UNFXB

Platform registered country and region

Saint Vincent and the Grenadines

Company website

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Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-27
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Pyramid scheme complaint
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UNFXB · Company summary
UNFXB Review Summary
Founded2020
Registered Country/RegionSaint Vincent and the Grenadines
RegulationUnregulated
Market InstrumentsForex, ETFs, cryptocurrencies, CFDs, metals, energies, commodities, stocks and indices
Demo Account
LeverageUp to 1:1000
SpreadFrom 1.5 pips (Standard account)
Trading PlatformMT5
Copy Trading
Min Deposit$10
Customer SupportLive chat
Tel: 448005200072, 61288800128
Email: Support@unfxb.com
Twitter, Facebook, Instagram, LinkedIn, YouTube, Telegram
Address: Suite 803, 8th floor, Hennessy Tower, Pope Hennessy Street, Port Louis, Mauritius

Founded in 2020, UNFXB (Unicorn Forex Broker) is an unregulated broker registered in Saint Vincent and the Grenadines, offering trading in forex, ETFs, cryptocurrencies, CFDs, metals, energies, commodities, stocks and indices with leverage up to 1:1000 and spread from 1.5 pips on the MT5 platform. Demo accounts are available and the minimum deposit requirement to open a live account is just $10.

UNFXB's homepage

Pros and Cons

Pros Cons
Lots of trading productsUnregulated
Various account typesNo demo accounts
Flexible leverage ratios
MT5 trading platform
Low minimum deposit
Multiple payment methods
No deposit fees
Live chat support

Is UNFXB Legit?

No. UNFXB has no regulations currently. Please be aware of the risk!

Domain information

What Can I Trade on UNFXB?

Tradable Instruments Supported
Forex
CFDs
Metals
Energies
Commodities
Indices
Stocks
Cryptocurrencies
ETFs
Bonds
Options
What Can I Trade on UNFXB?

Account Type

Account TypeSTANDARDECNECN PROECN GOLDISLAMICPAMMMAMCOPY Trading
Min Deposit$10$100$1,000$10,000$100
Accepted CurrenciesUSD/EUR/GBPUSDUSD/EUR/GBP
Account comparison 1
Account comparison 2

Leverage

Account TypeSTANDARDECNECN PROECN GOLDISLAMICPAMMMAMCOPY Trading
Max Leverage1:10001:5001:2001:1001:3001:200

Fees

Account TypeSTANDARDECNECN PROECN GOLDISLAMICPAMMMAMCOPY Trading
Spread1.5 pips0.7 pips0 pips0.7 pips8 points

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5Desktop, Android, iOSExperienced traders
MT4/Beginners
MT5

Deposit and Withdrawal

Deposit MethodAccepted CurrenciesFee/CommissionProcessing Time
NetellerGBP, USD, PLN, LNRInstant
Western UnionEUR, USD, GBP24 hours
BitcoinBTCInstant
Perfect MoneyEUR, USD
LitecoinLTC
EthereumETH
Bitcoin CashBCH
DashDash
TetherUSDT
MoneroXMR
NEONEO
Biance CoinBNB
Royal Bank of CanadaCAD, USD
Rial Bank IranRial
Wire TransferEUR, USD, GBP
Exchange in AfghanistanAFN, USD
Deposit 1
Deposit 2
Withdrawal MethodAccepted CurrenciesFee/CommissionProcessing Time
NetellerEUR, USD, GBP6-48 working hours
Western Union5%
Perfect MoneyEUR, USD0.5%
Royal Bank of CanadaCAD, USD3%3-5 working days
Rial Bank IranRial6-48 working hours
Wire TransferEUR, USD, GBPInstant
Exchange in AfghanistanAFN, USD
Tether USDT$66-48 working hours
Withdrawal

User Reviews

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User comment

6

Comments

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FX3989227928
3-6months
I want to share my troubling experience with Unfxb.com to warn others. Recently, my profits were inexplicably removed from my account, and my attempts to resolve this have been met with frustrating responses. Despite not using any Expert Advisors (EAs)—which can be verified through my trade history—the company falsely claimed my trades were automated. I provided evidence that my trades were manual, but support has not addressed my concerns satisfactorily. They are running a scam where a client's profits become their losses, and they simply don’t want to pay out. No matter how much profit you make, you likely won’t receive it. Their negative reputation is documented on various forums, and I am not the first victim. Please be cautious! I hope sharing my story helps others avoid similar pitfalls.
I want to share my troubling experience with Unfxb.com to warn others. Recently, my profits were inexplicably removed from my account, and my attempts to resolve this have been met with frustrating responses. Despite not using any Expert Advisors (EAs)—which can be verified through my trade history—the company falsely claimed my trades were automated. I provided evidence that my trades were manual, but support has not addressed my concerns satisfactorily. They are running a scam where a client's profits become their losses, and they simply don’t want to pay out. No matter how much profit you make, you likely won’t receive it. Their negative reputation is documented on various forums, and I am not the first victim. Please be cautious! I hope sharing my story helps others avoid similar pitfalls.
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2024-11-26 16:34
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FX1652116417
3-6months
I recently participated in a $500 welcome bonus promotion at unicorn forex broker, where I had to deposit $50 or $100 and I would receive a $500 account, I deposited and received the account, the terms of the account were, trade 35 lots, with at least 5 minutes per position and I couldn't hedge, after completing these terms the bonus would become a balance, this is what is written in the terms and I was informed via chat 4 times, I have proof of everything here, I completed the terms the bonus became balance, I took it and transferred it, but the only way available to move the profits was by archiving the account, I tried to communicate via chat and no one answered me that day, so I decided to archive it, the profits were transferred to my wallet, my profits remained and the I deposited together, I requested a withdrawal, they denied and diverted the funds, they robbed me, they stole my deposit and my time, I tried to contact them in every way, every hour someone invents something, an hour and that was why I didn't stay 30 days, although it was not mandatory, according to the terms I have up to 30 days, and on Telegram, whoever claimed to be my account manager said it was because I stayed for less than 5 minutes and then because I archived the account and they no longer have access, I have proof of everything and the account is still logged into my PC, and what does my deposit have to do with that? Don't trust this broker, they robbed me, scammers
I recently participated in a $500 welcome bonus promotion at unicorn forex broker, where I had to deposit $50 or $100 and I would receive a $500 account, I deposited and received the account, the terms of the account were, trade 35 lots, with at least 5 minutes per position and I couldn't hedge, after completing these terms the bonus would become a balance, this is what is written in the terms and I was informed via chat 4 times, I have proof of everything here, I completed the terms the bonus became balance, I took it and transferred it, but the only way available to move the profits was by archiving the account, I tried to communicate via chat and no one answered me that day, so I decided to archive it, the profits were transferred to my wallet, my profits remained and the I deposited together, I requested a withdrawal, they denied and diverted the funds, they robbed me, they stole my deposit and my time, I tried to contact them in every way, every hour someone invents something, an hour and that was why I didn't stay 30 days, although it was not mandatory, according to the terms I have up to 30 days, and on Telegram, whoever claimed to be my account manager said it was because I stayed for less than 5 minutes and then because I archived the account and they no longer have access, I have proof of everything and the account is still logged into my PC, and what does my deposit have to do with that? Don't trust this broker, they robbed me, scammers
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2024-07-01 21:12
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