Home -
Umarkets -

Score

1.38 /10
Danger

Umarkets

Marshall Islands

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://umarkets.vc

Influence

D

Add brokers

Comparison

Quantity 1

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

open now

Regulatory disclosure

Danger

PT CMVM
2023-10-04
cmvm warns investors about the umarkets
Umarkets

Broker Information

More

Company Name

TS Software Ltd

Company Abbreviation

Umarkets

Platform registered country and region

Marshall Islands

Company website

X

YouTube

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2025-07-26
  • 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

Exposure

1 pieces of exposure in total
Pyramid scheme complaint
Expose
Umarkets · Company summary
UmarketsReview Summary
Founded2022
Registered Country/RegionMarshall Islands
RegulationNo regulation
Market InstrumentsShares, indices, commodities, forex, cryptocurrencies
Demo Account✅
LeverageUp to 1:200
EUR/USD SpreadFrom 1.6 pips
Trading PlatformxCritical
Minimum Deposit$500
Bonus✅
Customer SupportContact form
Tel: +442037697631; +442080773052; +442037697601
Email: support@umarkets.vc; customers@umarkets.vc
Skype: umarkets.com
Regional RestrictionUK

Umarkets was registered in 2022 in Marshall Islands, specializing in shares, indices, commodities, forex, and cryptocurrencies trading. It provides four types of accounts, with a minimum deposit of $500. Besides, promotions are also available. However, it should be noted that this company is not regulated, and potential risks cannot be ignored.

Umarkets' homepage

Pros and Cons

Pros Cons
Diverse tradable assetsLack of regulation
Demo accounts and Islamic accountRegional restrictions
Multiple channels for customer supportNo MT4 or MT5
Promotion and bonus offeredHigh minimum deposit
Popular payment options
No depositing fees

Is Umarkets Legit?

No, Umarkets is not regulated by financial regulatory authorities in Marshall Islands, which means the company lacks regulation from its registration site. Please be aware of the potential risks!

No license
Domain information

What Can I Trade on Umarkets?

Umarkets offers different types of products, including shares, indices, commodities, forex, and cryptocurrencies.

Tradable Instruments Supported
Forex✔
Commodities✔
Indices✔
Shares✔
Cryptocurrencies✔
Bonds❌
Options❌
ETFs❌
What Can I Trade on Umarkets?

Account Type

Umarkets provides four types of accounts: Mini Forex Account, Standard Forex Account, Gold Forex Account, and Platinum Forex Account. Besides, demo accounts and Islamic accounts are also available.

Account TypeMinimum Deposit
Mini Forex Account$500
Standard Forex Account$5,000
Gold Forex Account$10,000
Platinum Forex Account$150,000
Account Type

Leverage

The leverage can be up to 1:200. Traders need to consider carefully before investing and should bear in mind that high leverage is likely to bring high potential risks.

Leverage

Umarkets Spreads

AssetSpread
MiniStandardSilverGoldPlatinum
EUR/USD2.521.71.71
Aluminium380280280180130
Brent Crude Oil1512111110
Umarkets Spreads
Umarkets Spreads

Trading Platform

Umarkets uses xCritical as its trading platform, and it does not support MT4 or MT5.

Trading PlatformSupported Available Devices Suitable for
xCritical✔Mobile, web/
MT4❌/Beginners
MT5❌/Experienced traders
xCritical platform

Deposit and Withdrawal

Umarkets accepts different types of payment options, such as MasterCard, VISA, Neteller, Skrill, OrangePay, AstroPay and so on. It also claims that no depositing fees are charged. However, other details such as the accepted currencies and the processing time are not clear.

Payment options

Bonus & Promotion

Umarkets holds promoting activities. Traders can receive 30% bonus for their first deposit. Besides, people can also earn bonus by inviting friends.

Bonus & Promotion

User Reviews

More

User comment

3

Comments

Write a review

Summer1884
more than one year
Terrible customer service. Umarkets claims that the service is 24/5, but from my experience, the response speed of customer service is usually very slow, and they don't seem to understand what I say. Can you hire some people who are professional to be the customer service of the foreign exchange company?
Terrible customer service. Umarkets claims that the service is 24/5, but from my experience, the response speed of customer service is usually very slow, and they don't seem to understand what I say. Can you hire some people who are professional to be the customer service of the foreign exchange company?
Translate to English
2023-03-16 17:39
Reply
0
0
FX1336824657
more than one year
I placed a buy trade on the USDCHF pair on Frida night 20:41 UCT time. On the Shorter time frames, they moved the price down by around 66 pips while all other broker’s charts were up by about 66 pips. Umarkets seems to be preventing these long positions as it could be profitable for traders.
I placed a buy trade on the USDCHF pair on Frida night 20:41 UCT time. On the Shorter time frames, they moved the price down by around 66 pips while all other broker’s charts were up by about 66 pips. Umarkets seems to be preventing these long positions as it could be profitable for traders.
Translate to English
2023-03-13 10:37
Reply
0
0
1