Company Profile
Company Profile
Review summary
| UbetFX Review Summary | |
| Founded | 2023 |
| Registered Country/Area | China |
| Regulation | FSA (Suspicious clone) |
| Market Instruments | / |
| Demo Account | ✅ |
| Leverage | / |
| Spread | / |
| Min Deposit | / |
| Trading Platform | / |
| Customer Support | / |
Overview of UbetFX
Founded in 2023, UbetFX is an unregulated broker registered in China. Their official site lacks much important information, such as trading acounts, trading conditions, trading platforms, payment options, customer support, etc.
Pros and Cons
| Pros | Cons |
| Demo accounts | Suspicious clone regulatory status |
| Lack of transparency |
Regulatory Status
No, UbetFX lacks valid regulation. The retail forex license from the Seychelles Financial Services Authority is a suspicious clone.
| Regulated Country | Regulator | Current Status | Regulated Entity | License Type | License No. |
 | The Seychelles Financial Services Authority (FSA) | Suspicious Clone | Raw Trading Ltd | Retail Forex License | SD018 |
Deposit and Withdrawal
Based in the very limited info on their site, it seems that UbetFX only accept deposits via wallet. If you want to withdraw funds, you need to enter wallet address and withdrawal amount. All are very opaque, no regulated brokers will bahave like this.
