Uniglobe Markets-Overview of Minimum Deposit, Spreads & Leverage

What is Uniglobe Markets？

Uniglobe Markets Ltd, located at 2 St Saviours Wharf, 23-25 Mill Street, SE1 2BE in London, United Kingdom, is a financial trading services provider. However, it's important to note that it does not hold any regulatory status, which may pose risks to potential investors.

Pros & Cons

Pros:

• Low Spread: Uniglobe Markets offers competitive spreads starting from as low as 0.0 pips.

• Multiple Customer Support Channels: They provide various channels for customer support including live chat, telephone, email, and social media platforms.

• MT4/5 Supported: They provide access to the globally renowned MetaTrader 4 and 5 platforms.

• High Leverage: They offer high maximum leverage up to 1:500 which can potentially enable higher profits but also comes with higher risks.

• Demo Account Available: They offer a demo account for beginners without requiring any initial deposit.

• 100+ Market Instruments Provided: They offer a diverse range of trading instruments including forex, share CFDs, Indices, Metals, Commodities, and Cryptocurrencies.

Cons:

• Non-regulated: Uniglobe Markets is not regulated, which may be a potential concern for traders looking for the protections afforded by regulatory oversight.

Is Uniglobe Markets Safe or Scam？

• Regulatory Sight: Uniglobe Markets is currently non-regulated, meaning it does not hold any formal license from financial regulatory authorities. This lack of regulatory oversight raises concerns as it provides less protection to traders and investors, potentially exposing them to financial risks.

• User Feedback: The main issues faced by users of Uniglobe Markets, as gleaned from user feedback, primarily concern withdrawal problems and poor customer service.

• Security Measures: So far we haven't found any information about the security measures for this broker.

Market Instruments

Uniglobe Markets offers a diverse range of market instruments for trading. These include forex trading, Share Contracts for Difference (CFDs), Indices, Metals, and Commodities. They also allow cryptocurrency trading among other options. This variety gives traders a wide range of options to diversify their portfolios.

Account Types

Uniglobe Markets offers five types of trading accounts: Micro, Uniglobe Premium, ECN Classic, ECN Elite, and Uniglobe VIP. Each account has different minimum deposit requirements and offers varying levels of leverage, minimum trade volume, and stop out levels. The account type also determines the level of customer support provided. The Micro and Uniglobe Premium accounts provide standard 24/5 support, while the ECN Elite account offers dedicated 24/5 support and the Uniglobe VIP comes with a personal account manager available 24/7.

This is a clear table of the minimum deposit it requires:

Leverage

Uniglobe Markets offers varying levels of maximum leverage depending on the account type.

Spreads & Commissions

Uniglobe Markets offers quite competitive spreads starting from as low as 0.0 pips. This could be advantageous for traders as lower spreads may imply lower transaction costs on trades. They have not provided any specific details regarding the commission structure on their official website, while they do charge a subscription fee for their account types.

Trading Platforms

Uniglobe Markets provides its clients with the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are the world's most popular trading platforms. These platforms can be accessed via multiple operating systems including Windows, Mac OS X, and Linux, as well as mobile applications for iOS and Android. These platforms provide traders with a suite of analytical tools, real-time data, and advanced trade execution and management features.

Deposits & Withdrawals

Uniglobe Markets offers a variety of methods for depositing and withdrawing funds. These include bank transfers, credit cards (specifically Visa and MasterCard), and various online payment services including Skrill, Neteller, and Perfect Money. The company does not charge any deposit or withdrawal fees, making transactions cost-effective from their end. However, it should be noted that in the case of bank transfers, any withdrawal fees would depend on the charges applied by the corresponding bank.

Trading Hours

Uniglobe Markets operates trading hours based on the specific market of interest. For instance, it opens up the forex market and the spot metals market throughout the entire day, from 00:00 to 23:59. However, these markets are accessible onlyfrom Monday to Friday, reflecting the standard opening times of most global financial markets.

Customer Support

Uniglobe Markets has established multiple channels for customer support to aid their clients. They have live chat available for immediate assistance and they also provide a contact form for more detailed inquiries. Clients can reach out to them over the phone as well, at +442035040120. Skype users can contact them using the handle 'uniglobe_markets'. They also have different email addresses for various queries: For general inquiries, they can be reached at info@uniglobemarkets.com; for technical inquiries at support@uniglobemarkets.com; and for funding inquiries at accounting@uniglobemarkets.com. Additionally, they are reachable through various social media platforms including Facebook, Instagram, LinkedIn, Telegram, and Youtube.

Conclusion

Uniglobe Markets, based in the UK, presents itself as a trading platform punctuated by pros like low spreads, high leverage, a diverse range of market instruments, and multiple customer support channels. However, its non-regulated status accounts for a major drawback that potential investors should take seriously due to the risks associated. Considering this mixed profile, potential investors are recommended to do thorough research and consider all the implications before trading with Uniglobe Markets.

Frequently Asked Questions (FAQs)

Q: Does Uniglobe Markets hold any financial regulatory license？

A: No, Uniglobe Markets is currently not regulated by any of the known financial regulatory authorities.

Q: What trading platforms does Uniglobe Markets offer？

A: Uniglobe Markets provides its clients with MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms.

Q: What spread does Uniglobe Markets offer？

A: Uniglobe Markets offers competitive spreads starting from 0.0 pips.

Q: What maximum leverage does Uniglobe Markets offer？

A: Uniglobe Markets provides a maximum leverage of 1:500.

Q: What is the minimal deposit required for opening an account in Uniglobe Markets？

A: In Uniglobe Markets, the minimum deposit requirement for opening a live trading account is $100.

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.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.