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No Regulation
Score
1.34 /10
Danger
UNFXB
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
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Exposure
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Website
Score
Regulatory Index0.00
Business Index5.71
Risk Management Index0.00
Software Index4.00
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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Warning: Low score, please stay away!
Previous Detection :
2025-01-07
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| UNFXB Review Summary | |
| Founded | 2-5 years |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | Unregulated |
| Market Instruments | Forex/Commodity/Index/Stock/Cryptocurrency/Metal/CFD/Energy. |
| Demo Account | ✅ |
| Leverage | Up to 1:1000 |
| Spread | From 0 pips |
| Trading Platform | MT5(Mobile/Desktop/Web) |
| Min Deposit | $10 |
| Customer Support | Tel: +448005200072-+61288800128 |
| Email: Support@unfxb.com | |
| Facebook/Twitter/Instagram/LinkedIn/YouTube/Telegram | |
| Live chat | |
UNFXB Information
UNFXB is a broker. The tradable instruments include forex, commodity, index, stock, cryptocurrency, metal, CFD, and energy. The broker also provides five accounts with a maximum leverage of 1:1000. The minimum spread is from 0 pips and the minimum deposit is $10. PAMM, MAM and copy trading accounts for fund managers and investors. UNFXB is still risky due to its unregulated status, and high leverage.
Pros and Cons
| Pros | Cons |
| MT5 available | Unregulated |
| 24/7 customer support | High max leverage |
| Various tradable instruments | No specific transfer method |
| Spread from 0 pips | Unspecific transfer time and fee information |
| Demo account available | Unclear swap fee |
Is UNFXB Legit?
UNFXB is not regulated, making it less safe than regulated brokers.
What Can I Trade on UNFXB?
UNFXB offers 1400+ market instruments, including forex(100 currency pairs), commodity, index, stock, 300 cryptocurrency, metal, CFD, and energy.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodity | ✔ |
| Index | ✔ |
| Stocks | ✔ |
| Cryptocurrency | ✔ |
| Metal | ✔ |
| CFD | ✔ |
| Energy | ✔ |
| Shares | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Account Type
UNFXB has five real account types: Standard, ECN, ECN Pro, ECN Gold, and Islamic. Traders who want low spreads and low leverage can choose an ECN Gold account, while those with a small budget can open a standard account.
In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only. Islamic users are allowed to open Islamic accounts with no swap fees. PAMM/MAM/COPY trade provides a minimum deposit of $100, a spread of per lot $8 (8 points), and a maximum leverage of 1:200.
| Account Type | Standard | ECN | ECN Pro | ECN Gold | Islamic |
| Minimum Deposit | $10 | $100 | $1000 | $10000 | $100 |
| Spread | 1.5 Pip | 0.7 Pips | 0 | 0 | 0.7 Pips |
| Maximum Leverage | 1:1000 | 1:500 | 1:200 | 1:100 | 1:300 |
| Bonus | Up to $3000 | Up to $3000 | Up to $3000 | - | - |
| Commission | None | From $4 per lot | From $5 per lot | $4 per lot | From $10 per lot |
| Swap | No | Yes | Yes | Available | None |
UNFXB Fees
The spread starts from 0 pipsand the commission is from 0. The lower the spread, the faster the liquidity.
Leverage
The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.
Trading Platform
UNFXB cooperates with the authoritative MT5 trading platform available on mobile, desktop, and web to trade. Traders with rich experience are more suitable for using MT5. MT4 and MT5 not only provide various trading strategies but also implement EA systems.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Mobile/Desktop/Web | Experienced traders |
Deposit and Withdrawal
The minimum deposit is $10. UNFXB provides E-Wallets, like NETELLER, Western Union, Perfect Money, Royal Bank of Canada, and more for deposit and withdrawal within 5 days. However, transfer processing times, methods, and associated fees are unknown.
Bonus
The bonus is up to 30%。
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