Abstract:Unicorn Finance is an Australian Forex broker, with a range of products and asset classes including CFD products and over 30 Indices to choose from, Unicorn Finance has 5 years or so of experience in business, satisfying plenty of traders.
We could not get relevant information due to failing to visit the official website, besides, the information is not available on other websites as well, thus, clients only take a poorly-conceived browse.
In addition, if clients feel like knowing something detailed, please try to visit the official website, although it is likely that it does not work. Besides, the official website is as follows: https://en.fxuf.com/
General Information& Regulation
Unicorn Finance is an Australian Forex broker, with a range of products and asset classes including CFD products and over 30 Indices to choose from, Unicorn Finance has 5 years or so of experience in business, satisfying plenty of traders.
Market Instruments
There is a broad selection of asset classes for clients including CFDs on Indices, Energies, Precious Metals, and Currencies, besides, Unicorn Finance covers plenty of currency pairs, such as USDCNH, USDDKK, USDHKD, USDNOK, USDSEK, USDTRY, USDCZK, USDMXN, USDZAR, and USDSGD.
Accounts & Leverage
Clients could open the online account via submitting the form with the unknown minimum deposit amount, moreover, the maximum leverage is capped at 1:400.
Spreads & Commissions
Unicorn Finance offers a decent spread, for instance, the EURUSD is 1.5 pips. No commission information requirement was mentioned.
Trading Platform
What is worth mentioning, Unicorn Finance offers MetaTrader 4 (MT4) trading terminal options, which is an industry-recognized platform available for free download to PC desktop devices and compatible to trade via all major web browsers.
Deposit & Withdrawal
Payment method includes Bank Wire Transfers, Credit or Debit Cards, and e-payments via Skrill, POLi, and China UnionPay.
Customer Support
We could not get relevant information about the phone number of the company due to failing to visit the official website, if so desired, please e-mail at support@fxuf.com at a reasonable time.
Risk Warning
Trading in leveraged financial instruments carries a high level of risk, including the risk of losing your entire invested capital, and may not be suitable for all investors. The high leverage and volatility of such instruments can work against you as well as for you. Before you decide to trade, you should carefully consider your investment objectives, level of experience, and risk appetite. Wherever in doubt, you should consult and receive advice from independent experts, including legal, tax, and financial advisors.
According to the report, Doo Group, a prominent Singapore-based online brokerage firm, has strengthened its global presence by securing new offshore licenses for its brokerage brand, Doo Financial. The company recently announced that entities under the Doo Financial umbrella have been granted licenses by two key offshore regulatory bodies: the British Virgin Islands Financial Services Commission (BVI FSC) and the Cayman Islands Monetary Authority (CIMA).
In recent months, PrimeX Capital, a Forex and CFD broker established in 2022, has become a subject of concern in the trading community. However, despite these enticing features, the broker's reputation has been severely tarnished by multiple complaints and a troubling lack of regulatory oversight.
Forex broker scams continue to evolve, employing new tactics to appear credible and mislead unsuspecting traders. Identifying these fraudulent schemes requires vigilance and strategies beyond the usual advice. Here are five effective methods to help traders assess the legitimacy of a forex broker and avoid potential pitfalls.
Doo Financial, a subsidiary of Singapore-based Doo Group, has expanded its regulatory footprint by securing new offshore licenses from the British Virgin Islands Financial Services Commission (BVI FSC) and the Cayman Islands Monetary Authority (CIMA).