Independent rating of Forex broker Uniglobe Markets

About company

Uniglobe Markets is owned and managed by Uniglobe Markets Limited, a company incorporated in the Marshall Islands. As a rule, the activity of brokers based in the Marshall Islands are not subject to strict rules during the process of company registration and its further performance. The requirements for the work of brokers in this offshore zone are much more loyal than in Europe or the United States. However, the official website indicates that Uniglobe Markets follows strict management rules, keeps clients' money in segregated accounts with the world's most trusted banks, and operates in accordance with the laws of the Marshall Islands. The broker also claims that customers' funds are not used for the company's purposes but solely for maintaining traders' open positions.

Trading conditions

• currency pairs, precious metals, commodities, indices, and stocks trading
• 5 account types
• commission charged in some accounts
• no fees for deposits and withdrawals
• STP technology
• demo account
• free trading signals
• hedging and scalping
• expert advisors for automated trading
• Islamic accounts
• PAMM accounts
• free training for beginners
• special offers
• welcome and refer-a-friend bonuses
• affiliate program
• economic calendar

Trading platform

Broker Uniglobe Markets offers its clients the most popular trading platform among traders - MetaTrader 4 (MT4). The MT4 platform provides access to a variety of functional capabilities, as well as tools for trading charts and detailed technical analysis. MetaTrader 4 supports automated trading and expert advisors. The software is perfect for any trading style and ensures smooth operation. The platform's users can develop and implement their own trading strategies, as well as benefit from hedging. MT4 offers a multilingual interface, one-click trading, and the ability to open several windows with unique settings at once. MetaTrader 4 is available in desktop and mobile versions (for Android and iPhone).

Support service

The broker's customer service operates around the clock. Traders can contact the support team by phone, skype, email, or using a feedback form.

Traders’ reviews

There are both positive and negative reviews of Uniglobe Markets on the web. Many traders call the broker a bucket shop, claiming that it relies solely on beginners attracted by low initial deposits. However, there are those who are fairly pleased with their cooperation with Uniglobe Markets. They note the company's low spreads, a wide choice of trading accounts, and the absence of withdrawal problems.

Advantages:

• hedging and scalping
• expert advisors
• demo account
• low minimum deposit
• MT4 trading platform
• ECN environment
• promotions, bonuses, and affiliate programs
• free trading signals
• Islamic accounts
• free training materials for beginners

Disadvantages:

• offshore broker
• unregulated broker