Score

2.12 /10
Danger

UAG TRADE ASIA

Cambodia

2-5 years

Suspicious Regulatory License

MT4 Full License

Regional Brokers

Suspicious Overrun

High potential risk

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Score

Regulatory Index0.00

Business Index6.84

Risk Management Index0.00

Software Index8.22

License Index0.00

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Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

UAG TRADE ASIA Co., Ltd

Company Abbreviation

UAG TRADE ASIA

Platform registered country and region

Cambodia

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2025-02-03
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The CambodiaSERC regulation (license number: 014/SECC/SB) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

UAG TRADE ASIA · Company summary
UAG TRADE ASIA Review Summary
Founded2020-02-24
Registered Country/RegionCambodia
RegulationSuspicious Clone
Market InstrumentsCurrencies metals/Indices/CFDs
Demo Account
LeverageUp to 1:200
SpreadFrom 0.1 pips
Trading PlatformMT4(Desktop/Mobile/UAGTrade Mobile)
Min Deposit$50
Customer SupportPhone: +603 7614 4476
Email: support@uagkh.com
Facebook/Instagram/Telegram/WhatsApp

UAG TRADE ASIA Information

UAG TRADE ASIA is a straight-through-processing (STP) broker with a no-dealing desk (NDD). The tradable instruments include currencies metal, indices, and CFDs. The broker also provides copy trading and three accounts with a maximum leverage of 1:200. The minimum spread is 0.1 pips, and the minimum deposit is $50. UAG TRADE ASIA is still risky due to its suspicious clone status.

UAG TRADE ASIA Information

Pros and Cons

Pros Cons
Leverage up to 1:200Suspicious Clone
24/5 customer supportUnspecific transfer time and fee information
MT4 availableNo specific transfer method
Spread from 0.1 pips

Is UAG TRADE ASIA Legit?

UAG TRADE ASIA is regulated by SERC with license number 014/SECC/SB, but the current status is 'suspicious clone'.

Is UAG TRADE ASIA Legit?
Is UAG TRADE ASIA Legit?

What Can I Trade on UAG TRADE ASIA?

UAG TRADE ASIA offers various market instruments, including 50+ currencies metals, indices, and CFDs.

Tradable Instruments Supported
Currencies metals
Indices
CFDs
Forex
Commodities
Stocks
Precious Metals
Shares
ETFs
Bonds
Mutual Funds
What Can I Trade on UAG TRADE ASIA?

Account Type

UAG TRADE ASIA has three account types: premium, executive, and pro. Traders who want low spreads can choose executive and pro accounts.

Account Type PremiumExecutivePro
Maximum Leverage1:1001:1001:100
Minimum Deposit100 USD100 USD100 USD
Minimum Position0.010.010.01
Minimum SpreadFrom 1.7 PIPFrom 1.0 PIPFrom 1.0 PIP
Commission0 PIPS/LOT3.0 PIPS/LOT1.7 PIPS/LOT

UAG TRADE ASIA Fees

The spread is from 0.1 pips, the commission is from 0. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:200 meaning that profits and losses are magnified 200 times.

Trading Platform

UAG TRADE ASIA cooperates with the authoritative MT4 trading platform available on Desktop, Mobile, and UAGTrade Mobile to trade. Junior traders prefer MT4 over MT5. MT4 and MT5 not only provide various trading strategies but also implement EA systems.

Trading PlatformSupported Available Devices Suitable for
MT4Desktop/Mobile/UAGTrade MobileJunior traders
Trading Platform

Deposit and Withdrawal

The minimum deposit is $50. However, transfer processing times, methods, and associated fees are unknown.

User Reviews

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User comment

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Comments

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randy34134
more than one year
I would highly recommend however if they can fix the issue of GBPUSD pair closing itself without a stop loss put in place. I also found another strange point is that spreads I traded in real trading activities were not so low as they claimed, and they said it is normal due to valotile markets. I don’t know how to say, but I am considering leaving here and finding another broker.
I would highly recommend however if they can fix the issue of GBPUSD pair closing itself without a stop loss put in place. I also found another strange point is that spreads I traded in real trading activities were not so low as they claimed, and they said it is normal due to valotile markets. I don’t know how to say, but I am considering leaving here and finding another broker.
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2023-03-23 09:45
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郭公子港美股IPO
more than one year
Disgusting cloned broker! They tried to defraud me, but failed. I really don’t know why they pop up again and again, they should go hell!
Disgusting cloned broker! They tried to defraud me, but failed. I really don’t know why they pop up again and again, they should go hell!
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2023-02-13 18:39
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