Fx union hub markets -Some important Details about This Broker

General Information

Registered in the United States, Fx union hub markets is forex broker offering a series of trading instruments to both retail and professional traders, including Forex, Metals, Oil, Commodities and Cryptocurrencies. Fx union hub markets boasts that it provides 4 types of accounts, with the maximum trading leverage up to 1:1000.

Fx union hub markets is a registered trademark of FX Union Hub Market Limited, a company under no valid regulation to show it operates legally. Please be aware of the risk involved.

Market Instruments

With the VRN Capitals platform, four classes of trading instruments including Foreign Exchange, Metals, Oil and Indices can be traded.

Account Types

Fx union hub markets provides four trading accounts for both retail and professional clients: Basic, Classic, Advance and Pro. To open Basic and Classic accounts, an acceptable deposit of $100 is all you need to take. The Advance and the Pro account ask for an initial deposit of $1,000, and these two trading accounts are designed for professional traders.

How to open an account with FX union hub markets？

Opening an account with FX union hub markets is an easy and simple process:

1. Click the “Open Live Account” link, and fill up some required details on the popping-up page.

2. Upload your personal data for this company to verify your details.

3. Fund your account and start to trade with this forex broker.

Leverage

When it comes to leverage, FX union hub markets allows its clients to use leverage of up to 1:1000, insanely higher than the levels regarded appropriate by many regulators, with the maximum leverage for major forex up to 1:30 in Europe and Australia, and 1:50 in Canada and U.S.

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.

Spreads & Commissions

Spreads and commissions are tied to what trading accounts you are holding. Basically, the more account balance you hold, the more competitive spreads you are offered.

Trading Platform

What FX union hub markets offers is not the industry-leading MT4 or MT5 trading platform, and this broker does not disclose what trading platform it provides. Please be aware of the risk.

Payment Methods

The minimum deposit is $100. FX union hub markets says it provides multiple payment methods, including Net Banking, Neteller, Skrill, Google Play, Airtel Money, Zest, PhonePe and more.

Customer Support

For any questions or concerns they may have about their accounts or their trading can reach out to FX union hub markets through the following methods:

Telephone: +447915-609927

Email: support@fxunionhubmarkets.com

Or you can also follow this forex broker on some social media platforms, including Facebook, Twitter, Linkedin, Instagram, Pinterest and Youtube.

Risk Warning

There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.

The information presented in this article is intended solely for reference purposes.