The broker's official website does not work, and the information is not available on other websites as well, thus, clients only take a poorly-conceived browse.
In addition, if clients would like to know 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://www.umarketspro.net/
General Information& Regulation
Universal Markets, owned by UM Media LLC, is an online Forex broker registered in Saint Vincent and the Grenadines, however, this broker has not provided any office location info as well as the regulation details.
Market Instruments
The information we searched on the other website is that Universal Markets is likely to be a Forex company, besides, we do not know the specific financial assets they offered.
Accounts & Leverage
There is a broad selection of accounts for clients including Beginner Account, Advanced Account, PRO Account, as well as Expert Account, however, the broker has not disclosed the minimum deposit for the clients, concerning the leverage, the leverage is capped at 1:200.
Spreads & Commissions
For the spread, each account offers various spread, for instance, for the Beginner Account, the spread is from 2.6 pips, and the Advanced Account is from 1.6 pips, concerning the commission, the broker charges withdrawals fees via wire transfer go with a fee of 25-50 EUR, and inactive accounts are charged an administrative fee of 5% or 25 EUR or USD.
Trading Platform
It is worth mentioning that Universal Markets is non MT4/MT5 provider, the information and details we gathered are that this broker provides traders or investors with the web-based trading platform named Sirix which is not as reliable as MT4/MT5, instead, clients could apply this trading platform with multiple time frames, charts, and some of the most popular drawing tools and price indicators.
Customer Support
If in any doubts as to transactions, please call at 41315087419 or e-mail at support@umarketspro.email within 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 advisers.
