Score

1.53 /10
Danger

Unum Capital

South Africa

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Exposure

Time Machine
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Score

Regulatory Index0.00

Business Index7.16

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

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! 3
Previous Detection : 2024-09-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The South AfricaFSCA regulation (license number: 564) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

Unum Capital · Company summary

General Information& Regulation

Unum Capital (Pty) Ltd is a broker delivering financial solutions based in Pretoria, South Africa. It is an authorized Financial Services Provider (FSP 564), regulated by the Financial Sector Conduct Authority (FSCA). Unum Capital Trade Forex (“UnumFX”) and Unum Capital Trading Services (“Trading Desk”) are brands and business units of Unum Capital (Pty) Ltd, Reg. No: 1999/008361/07 (“Unum”).

Market Instruments

Unum Capital offers investors a range of financial instruments including Forex, Indices, Commodities, Cryptocurrency, Shares and ETFs.

Spreads & Commissions

The spread for EUR/USD is 1.1 pips, and GBP/USD is 1.3 pips. UnumFX does not charge any commission.

Trading Platform

Unum Capital provides clients with access to the worlds financial markets via the MetaTrader 4 (MT4), xStation, IRESS and Protrader 3 (PT3) platform. The available versions include desktop and mobile.

Research & Education

The Unum Trading Academy is available to clients, which includes daily trade ideas, monthly seminars, learning videos, trading advice, etc.

Risk Warning

Trading in Contracts for Difference (CFDs) and other leveraged products may involve a significant level of risk and is not suitable for all investors. Before undertaking any such transactions, you should ensure that you fully understand the risks involved and seek independent advice if necessary.

User Reviews

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Comments

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Eulalia Blackwood
more than one year
Unum Capital is top-notch! Regulated by FSCA, their diverse range of financial instruments, low spreads, and no commission on UnumFX make them a solid choice. The MetaTrader 4 platform and Unum Trading Academy add significant value to my trading experience.
Unum Capital is top-notch! Regulated by FSCA, their diverse range of financial instruments, low spreads, and no commission on UnumFX make them a solid choice. The MetaTrader 4 platform and Unum Trading Academy add significant value to my trading experience.
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2023-12-06 10:15
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Thaddeus Montgomery
more than one year
Unum Capital fell short of expectations. The lack of clarity on no commission for UnumFX, overwhelming platform options, and inconsistent educational resources from the Unum Trading Academy left me a bit skeptical. The constant emphasis on risk in trading CFDs is a bit much.
Unum Capital fell short of expectations. The lack of clarity on no commission for UnumFX, overwhelming platform options, and inconsistent educational resources from the Unum Trading Academy left me a bit skeptical. The constant emphasis on risk in trading CFDs is a bit much.
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2023-12-05 16:16
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