WikiFX, as an independent third-party information service platform, is dedicated to providing users with comprehensive and objective broker regulatory information services. WikiFX does not directly engage in any forex trading activities, nor does it offer any form of trading channel recommendations or investment advice. The ratings and evaluations of brokers by WikiFX are based on publicly available objective information and take into account the regulatory policy differences of various countries and regions. Broker ratings and evaluations are the core products of WikiFX, and we firmly oppose any commercial practices that may compromise their objectivity and fairness. We welcome supervision and suggestions from users worldwide. To report any concerns, please contact us: report@wikifx.com
您当前语言与浏览器默认语言不一致,是否切换?
切换
Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10

Universal Markets

Saint Vincent and the Grenadines|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://www.umarkets.io/

Website

Rating Index

Contact

+41 315087419
cs@umarkets.email
https://www.umarkets.io/

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Warning: Low score, please stay away!
2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

Basic information

Registered region
Saint Vincent and the Grenadines
Operating period
2-5 years
Company Name
Universal Markets.
Abbreviation
Universal Markets
Company employee
--
Customer Service Email Address
cs@umarkets.email
Contact number
0041315087419
Company website
Keywords 4
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk
Account Information
Website
Company Summary
Disclosure
Review

Users who viewed Universal Markets also viewed..

MiTRADE

8.49
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)
MiTRADE
MiTRADE
Score
8.49
  • 10-15 years |
  • Regulated in Australia |
  • Market Making(MM)
Official website

GO MARKETS

8.99
Score
Above 20 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
GO MARKETS
GO MARKETS
Score
8.99
  • Above 20 years |
  • Regulated in Australia |
  • Market Making(MM) |
  • MT4 Full License
Official website

ATFX

8.92
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
ATFX
ATFX
Score
8.92
  • 5-10 years |
  • Regulated in Australia |
  • Market Making(MM) |
  • MT4 Full License
Official website

MultiBank Group

8.95
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
MultiBank Group
MultiBank Group
Score
8.95
  • 10-15 years |
  • Regulated in Australia |
  • Market Making(MM) |
  • MT4 Full License
Official website

Website

  • umarkets.io

    Server Location

    Finland

    Website Domain Name

    umarkets.io

    Server IP

    95.216.120.228

Company Summary

Aspect Information
Company Name Universal Markets
Registered Country/Area United States
Founded Year 2018
Regulation Unregulated
Products & Services Shares,Indices,Commodities,Forex,Crypto;Bitcoin tradingServices:Welcome Bonus from 30%,100% Insurance
Account Types Mini Forex Account, Standard Account ,Gold Forex Account,Platinum Account
Demo Account Available
Leverage Up to 1:200
Spreads From 1.6 pips
Trading Platform The xCritical Tradingn Platform
Deposit & Withdrawal Payment Methods:VISA,Mastercard,NETELLER,Skrill,Perfect Money.etc0% fees on depositMinimum Deposit:$500
Customer Support Phone:+442037697631,+442080773052,+442037697601;Email:support@umarketsemail.com,customers@umarketsemail.com
Educational Resources Tools:Caculators,Economic NewsLearning:Webinars,Articles and lessons,Education center,Glossary

Overview of Universal Markets

Universal Markets, also named UMarkets, founded in 2018 and based in the United States, operates as an unregulated financial services provider.

The company offers a diverse range of trading products including shares, indices, commodities, forex, and cryptocurrency, with a focus on Bitcoin trading. It features several account types such as Mini Forex, Standard, Gold Forex, and Platinum Accounts, and supports a demo account for practice trading.

Universal Markets uses the xCritical Trading Platform and offers up to 1:200 leverage with spreads starting from 1.6 pips. Clients can benefit from services like a welcome bonus of up to 30%, 100% insurance on trades, and no fees on deposits.

Payment methods include VISA, MasterCard, NETELLER, Skrill, and Perfect Money. Customer support is accessible via multiple phone numbers and email addresses, and educational resources provided include webinars, articles, and an education center.

Overview of Universal Markets

Regulatory Status

Universal Markets have been unregulated, operating in the United States since 2018 without formal oversight by financial regulatory authorities.

This unregulated status means there is less governmental scrutiny over its operations, which can increase the risk for traders due to a lack of formal consumer protection measures and standards typically enforced by regulatory bodies.

Pros and Cons

Pros Cons
Variety of Financial Products Unregulated
Flexible Account Types Complex for Beginners
Hige Leverage No Live Chat
Educational Resources and Support High Minimum Deposit
Bonus for New Users Refer

Pros:

Universal Markets offers a diverse array of financial products including shares, indices, commodities, forex, and cryptocurrencies, satisfying a wide range of trading interests.

The platform provides flexible account types to suit different trader needs, from Mini Forex to Platinum Accounts, and features high leverage options up to 1:200.

Additionally, it supports extensive educational resources, including webinars and an education center, and offers attractive bonuses for new users, enhancing the trading experience for both novice and seasoned traders.

Pros and Cons

Cons:

Despite its offerings, Universal Markets operates unregulated, posing potential risks due to lack of oversight by any financial regulatory authority.

This concerns traders seeking security and adherence to regulatory standards. The platforms complexity and wide range of options will overwhelm beginners who are new to trading.

Additionally, the absence of live chat support can limit immediate assistance, potentially affecting traders ability to resolve issues swiftly and effectively.

Furthermore, the high minimum deposit required($500) to open certain account types is prohibitive for those with limited initial capital.

Products & Services

Umarkets offers a various range of trading instruments that satisfy various investment preferences:

  • Shares: Investors can engage in trading shares of well-known companies, which is considered a reliable method for achieving stable returns with moderate risks. This involves participating in the equity markets of large, established firms whose stock performance is tracked globally.

  • Indices: This option allows traders to invest in multiple stocks simultaneously through major indices, which can amplify the potential for high returns. Indices aggregate the performance of a sector or market, offering a diversified investment approach.

  • Commodities: Umarkets provides trading in a range of commodities, including energy sources like oil and gas, various mineral raw materials, precious metals such as gold and silver, and different agricultural products. This market segment offers opportunities for hedging against inflation or currency devaluation.

  • Forex: Known for its high liquidity and 24/5 operational hours, forex trading at Umarkets allows for continuous trading activities in the currency exchange markets. This is ideal for traders looking to take advantage of the constant fluctuations in exchange rates across global economies.

  • Cryptocurrencies: As a fairly new but rapidly establishing asset class, cryptocurrency trading includes popular options like Bitcoin. It appeals to investors interested in digital currencies and the technological advancements of blockchain, providing a modern take on asset diversification.

Products & Services

Services

  • Welcome Bonus: Umarkets provides a 30% welcome bonus on the first deposit, enhancing the initial trading capacity for new users.

Services
  • 100% Insurance: The platform offers 100% insurance on trades, which protects investors by covering losses under specific conditions during trading sessions, especially those marked by significant news events. This feature is aimed at reducing the financial risk while encouraging active trading.

Services

Bitcoin Trading: Umarkets offers specialized services for trading Bitcoin, capitalizing on the cryptocurrency's high volatility to potentially profit from price differences within desired timeframes. This service includes access to advanced trading tools and highly reliable SMS signals, supporting traders in making informed decisions in the dynamic crypto market.

Bitcoin Trading

Account Types

Umarkets offers four distinct types of Forex trading accounts to suit various levels of investment and trader experience:

  1. Mini Forex Account: Ideal for beginners or those with limited capital, requiring a minimum deposit of $500. This account allows trading in smaller amounts, making it a lower-risk option for new traders.

  2. Standard Forex Account: Requires a $5,000 minimum deposit, designed for traders with a moderate level of experience and capital, allowing for standard trading conditions.

  3. Gold Forex Account: Aimed at more serious traders with a minimum deposit of $10,000, this account offers enhanced trading features and higher transaction capacities.

  4. Platinum Account: The highest tier offered, suitable for advanced traders with a minimum deposit of $35,000, providing the most various features and the highest transaction limits.

Account Types

How To Open An Account?

Opening an account with Umarkets involves a straightforward process:

How To Open An Account?
  1. Choose Account Type: Decide which type of Forex trading account best suits your needs—Mini, Standard, Gold, or Platinum.

  2. Register Online: Visit the Umarkets website and fill out the registration form with your personal and financial details.

  3. Verification: Submit necessary documents to verify your identity and residence, as required under KYC (Know Your Customer) policies.

  4. Fund Your Account: Make a deposit according to the minimum requirement of your chosen account type using one of the available payment methods.

How To Open An Account?

Leverage

Umarkets offers a leverage of up to 1:200 across its various forex trading accounts. This high leverage ratio enables traders to control larger positions with a relatively small amount of invested capital, amplifying both potential profits and losses.

Leverage

Spreads

Umarkets offers competitive spreads starting from 1.6 pips on its forex trading accounts. This spread level allows traders to engage in transactions with relatively low trading costs, which is crucial for maximizing returns, especially in high-volume trading.

Trading Platform

Umarkets provides its traders with the xCritical online platform, designed to enable profitable trading from anywhere in the world.

This platform is complemented by mobile trading options, making financial markets accessible on various devices. The xCritical platform offers a user-friendly interface and sophisticated trading tools, allowing traders to execute trades efficiently and manage their portfolios effectively.

This integration of technology ensures that Umarkets traders can engage with global forex markets flexibly, leveraging tools that support informed trading decisions.

Trading Platform

Deposit & Withdrawal

Umarkets accommodates deposits via a range of methods including VISA, MasterCard, NETELLER, Skrill, and Perfect Money. The platform charges 0% fees on deposits to facilitate easier account funding.

The minimum deposit requirements vary by account type: the Mini Forex Account starts at $500, the Standard Account requires $5,000, the Gold Forex Account needs a $10,000 deposit, and the Platinum Account requires $35,000, allowing traders to choose based on their financial capability and trading strategy.

Deposit & Withdrawal

Customer Support

Umarkets provides various customer support through various channels to address any queries or concerns.

Clients can contact the support team via multiple phone numbers:+442037697631,+442080773052,+442037697601 or by email at support@umarketsemail.com and customers@umarketsemail.com.

Additionally, support is available via Skype at umarkets.com. There is also a dedicated claims department, which can be reached at dispute@umarkets.net, meeting specific disputes or issues. This multi-channel approach ensures that clients have accessible and responsive support to assist them efficiently.

Customer Support

Educational Resources

Umarkets enhances trader education through a various set of resources:

  • Calculators: Offers various financial calculators to help traders plan and assess potential trades efficiently.

    • Educational Resources
  • Economic News: Provides timely updates on global economic events that can impact market conditions.

Educational Resources
  • Webinars: Conducts live sessions where experts share insights and trading strategies.

  • Articles and Lessons: Features a library of educational content covering a wide range of topics from basics to advanced trading techniques.

  • Education Center: A centralized hub for all learning materials, including step-by-step guides and instructional videos.

  • Glossary: Contains definitions of key trading terms and concepts, helping traders to better understand the jargon used in the trading world.

Educational Resources

Conclusion

Umarkets offers a dynamic trading environment with diverse financial products including shares, indices, commodities, forex, and cryptocurrencies.

While it provides robust educational resources and advanced trading platforms, it is unregulated, lacks live chat support, and requires a high minimum deposit, which could be drawbacks for new traders. Its various educational tools and customer support options, however, attract both novice and seasoned traders.

FAQs

Question: What types of accounts does Umarkets offer?

Answer: Umarkets offers Mini Forex, Standard, Gold Forex, and Platinum accounts.

Question: What platforms are available for trading at Umarkets?

Answer: Umarkets uses the xCritical online platform along with mobile trading platforms.

Question: Are there educational resources available at Umarkets?

Answer: Yes, Umarkets provides webinars, articles, lessons, and access to an education center.

Question: What is the minimum deposit required at Umarkets?

Answer: The minimum deposit varies by account type, starting at $500 for a Mini Forex Account.

Question: Does Umarkets offer any bonuses or promotions?

Answer: Yes, Umarkets offers promotions including a 30% welcome bonus and 100% insurance on trades.

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk
Write a comment
Positive
Neutral
Exposure

Content you want to comment

Please enter...

Submit now
Write a comment
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com