Score

4.83 /10
Average

Uniwealth Market

United Kingdom

Within 1 year

Regulated in Australia

Appointed Representative(AR)

MT5 Full License

Regional Brokers

Suspicious Overrun

Medium potential risk

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Comparison

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Score

Regulatory Index3.72

Business Index3.77

Risk Management Index8.90

Software Index6.91

License Index3.72

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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

Uniwealthmarket Limited

Company Abbreviation

Uniwealth Market

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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WikiFX Risk Alerts
Previous Detection : 2024-09-23
  • This broker exceeds the business scope regulated by United Kingdom FCA(license number: 15224232)Common Business Registration Non-Forex License. Please be aware of the risk!

WikiFX Verification

Uniwealth Market · Company summary
Uniwealth Market Review Summary
Registered Country/Region Saint Lucia
Regulation No Regulation
Market Instruments Forex, Stock Indices, Commodities, Bonds, Cryptocurrencies, Stocks
Demo Account Available
Leverage N/A
Spread N/A
Trading Platform N/A
Minimum Deposit N/A
Customer Support (Mon - Fri: 8:00AM - 6:00PM) Phone: +84 2847852630
Email: support@uniwealthmarket.com
Address: Landmark 3, Vinhomes Central Park,Ward 22, Binh Thanh District,Ho Chi Minh City, Vietnam; Ground Floor,The Sotheby Building,Rodney Village,Rodney Bay,Gros-Islet, Saint Lucia

What is Uniwealth Market?

Uniwealth Market is an unregulated financial trading platform offering a wide range of investment instruments, including Forex currency pairs, stock indices, commodities, bonds, cryptocurrencies, and stocks. Traders can access customer support through phone and email channels, and demo accounts are available for those interested in exploring the platform's features.

Uniwealth Market's homepage

Pros & Cons

Pros Cons
  • Multiple Market Instruments
  • No Regulation
  • Multiple Customer Support Channels

Pros:

  • Multiple Market Instruments: The platform offers diverse Market Instruments, including Forex, Stock Indices, Commodities, Bonds, Cryptocurrencies, and Stocks, catering to various trading needs and experience levels.

  • Multiple Customer Support Channels: Uniwealth Market provides various customer support channels including phone, email, and address, enhancing accessibility and assistance for clients.

Cons:

  • No Regulation: The lack of valid regulation raises significant safety and trust concerns, as regulatory oversight is crucial for ensuring customer protection and platform transparency.

Is Uniwealth Market Legit or a Scam?

Uniwealth Market currently lacks valid regulation, which raises significant concerns about its safety and legitimacy. Regulatory oversight is crucial for ensuring that a financial services provider operates within established standards and adheres to specific rules and requirements designed to protect investors and clients. Without proper regulation, there is an increased risk of fraudulent activities, scams, and inadequate consumer protection.

No license

Market Instruments

Uniwealth Market boasts a comprehensive selection of trading instruments designed to cater to the diverse needs of traders. From traditional assets like Forex currency pairs, stocks, indices, and commodities to newer digital assets such as cryptocurrencies, the platform offers a wide range of options for investors to explore. Traders can engage in currency trading, speculate on the performance of global stock indices, invest in precious metals like gold and silver, trade bonds, and participate in the dynamic cryptocurrency markets.

Market Instruments

How to Open an Account?

  • Step 1: Click the button ''Start Trading'' on the homepage.

Click the button ''Start Trading''
  • Step 2: Click “Begin” to confirm you are not a bot.

Click Begin
  • Step 3: Follow the on-screen instructions to finish the confirmation.

Follow the on-screen instructions
  • Step 4: Click the “Open Real Account” option.

Click the Open Real Account
  • Step 5: Follow the on-screen instructions to input your personal and contact details.

  • Step 6: Click on the ''Next'' option to finalize the creation of your account.

Click on the ''Next''

Customer Service

Uniwealth Market provides customer support during Mon - Fri: 8:00AM - 6:00PM. Their support team can be reached through different channels for ultimate convenience.

  • Phone: +84 2847852630

  • Email:support@uniwealthmarket.com

  • Address: Landmark 3, Vinhomes Central Park,Ward 22, Binh Thanh District,Ho Chi Minh City, Vietnam; Ground Floor,The Sotheby Building,Rodney Village,Rodney Bay,Gros-Islet, Saint Lucia

Conclusion

In conclusion, Uniwealth Market offers an extensive range of trading instrumentsand a comprehensive and accessible customer support network, making it an advantageous platform for various investors with varying investment styles and goals. However, the lack of valid regulation raises significant concerns about the safety and trustworthiness of the platform.

Frequently Asked Questions (FAQs)

Question 1: Is Uniwealth Market regulated?
Answer 1: No. It has been verified that this broker currently has no valid regulation.
Question 2: Does Uniwealth Market offer demo accounts?
Answer 2: Yes.
Question 3: Does Uniwealth Market offer industry-leading MT4 & MT5?
Answer 3: Yes. It offers MT4 and MT5.
Question 4: Is Uniwealth Market a good broker for beginners?
Answer 4: No. It is not a good choice for beginners because of its unregulated condition.

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 provided in this review may be subject to change due to the constant updating of the company's services and policies.

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Isla Brown
more than one year
Leverage options are standard. Nothing is unique compared to competitors.
Leverage options are standard. Nothing is unique compared to competitors.
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2024-07-22 14:42
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Adebayo Ng
more than one year
Just want to give a shout-out to Uniwealth Market for their fast order execution. It's so reliable, and their spreads are competitive.
Just want to give a shout-out to Uniwealth Market for their fast order execution. It's so reliable, and their spreads are competitive.
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2024-05-29 12:00
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