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Score
United Kingdom
5-10 yearsSuspicious Regulatory License
Clone Firm Cyprus
High potential risk
Add brokers
Comparison
Expose
Exposure
Score
Regulatory Index0.00
Business Index6.98
Risk Management Index0.00
Software Index4.00
License Index0.00
Single Core
1G
40G
Danger
Since Urban FX Trade 's official website (https://urbanfxtrade.com/) is now down, we had to resort to scouring other websites for relevant information in order to construct a rough picture of the company's forex broker operations.
General Information
Urban FX Trade is a UK-based forex broker providing a series of trading instruments for its clients. Since this brokers official website cannot be opened for now, we could not obtain more details about its trading instruments, minimum deposit, leverage, spreads, commissions, etc, and more. Urban FX Trade is operated by Urban FX Trade LLC, and it is not authorized or regulated by any regulatory authority. Please be aware of the risk.
Leverage
Trading leverage cannot be found anywhere. Since leverage can magnify gains as well as losses, it can also cause serious fund losses, especially to inexperienced traders. Therefore, it is wise for beginners to choose the smaller size no more than 1:10 until they gain more trading experience.
Trading Platform
What Urban FX Trade provides is not the industry-leading MT4 or MT5 trading platform. And this broker does not elaborate on what trading platforms it provides.
Customer Support
As an unregulated forex broker, Urban FX provides the poor customer support. And clients with any inquires or trading-related issues can only get in touch with this broker through emails it provides: info@urbanfxtrade.com, support@urbanfxtrade.com.
Registered Company Address: Riva, 1 Main Street, Bothwell, Glasgow, Lanarkshire, Scotland, G71 8, GBR.
Risk Warning
Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.
The information presented in this article is intended solely for reference purposes.
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