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/10

UBK Markets

Cyprus Cyprus | 10-15 years |
ECN Account Regulated in Cyprus | Forex Execution License (STP) | Self-developed | High Potential Risk

https://www.ubkmarkets.com/en/home

Website

Rating Index

Influence

Influence

B

Influence Index NO.1

China China 5.10
Surpassed 41.30% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

+357 25 353630
https://www.ubkmarkets.com/en/home
Spyrou Kyprianou 67, Flat/Office 2, 4003, Limassol, Cyprus
VPS Standard
No Broker Account Restrictions

Single Core

1G

40G

1M*ADSL

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WikiFX Risk Alerts
  • This broker has accumulated 1 negative field survey reviews on WikiFX. Please be aware of the risk and guard against potential fraud.

Basic Information

Registered Region
Cyprus
Operating Period
10-15 years
Company Name
UBK Markets Ltd
Abbreviation
UBK Markets
Employees
--
Email
support@ubkmarkets.com
Contact Number
+35725353630
Address
Spyrou Kyprianou 67, Flat/Office 2, 4003, Limassol, Cyprus
Account Info
Business Region
Verified Site
Relationship Map
Related Companies
Employees
About Us
Wiki Q&A
Comment

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Official Website

Verified Site

  • United States eth.link
    104.18.166.219
  • United States ubkmarkets.com
    104.31.93.122

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UBK Markets

Related Companies

UBK MARKETS LIMITED(Cyprus)
Cyprus
UBK MARKETS LIMITED(Cyprus)
Active
Cyprus
Registration No. HE293861
Est. Date
Source Official Statement
Employees

Company Profile

Company Profile

Review summary

UBK Markets Review Summary
Founded2017-07-26
Registered Country/RegionCyprus
RegulationRegulated
Market Instruments/
Demo Account
LeverageUp to 1:30
SpreadFrom 0 pip
Trading PlatformUBK Markets(Web)
Min DepositClassic Account: $25/iPA-Manager Account: Not available/iPA-Investor Account: $100
Customer SupportPhone: +357 25 353630
Email: support@ubkmarkets.com

UBK Markets Information

UBK Markets is a CYSEC-licensed broker registered as a trademark in multiple countries by Simcord, providing brokerage services for global financial markets. Simcord is a company specializing in the development of software, intelligence, and analytical products for the financial and investment sectors. It uses the iPro Marketplace trading and analytical platform, which includes capital management and financial market analysis.

UBK Markets Information

Is UBK Markets Legit?

Cyprus Securities and Exchange Commission(CYSEC) regulates UBK Markets with license number 186/12 and License Type Straight Through Processing(STP), making it safer than unregulated.

Is UBK Markets Legit?
Is UBK Markets Legit?

Account Type

UBK Markets offers Classic Account, iPA-Manager Account, and iPA-Investor Account with different spreads, deposits, commissions, and leverage.

Account Type Classic AccountiPA-Manager AccountiPA-Investor Account
Minimum Spread0 pip(Floating)0 pip(Floating)0 pip(Floating)
Commission9 USD per 100,000 units of currency16 pips16 USD per 100,000 units of currency
Minimum Deposit$25Not available$100
Maximum Leverage1:30Not available1:30

UBK Markets Fees

The spread starts from 0 pip, the commission is from 9 USD per 100,000 units of currency. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:30 meaning that profits and losses are magnified 30 times.

Trading Platform

UBK Markets provides a proprietary investment management web platform that works with the web platform in universally accessible browsers based on any mobile device.

Trading PlatformSupported Available Devices Suitable for
UBK MarketsWebAll traders

Deposit and Withdrawal

The first deposit amount of the classic accounts must be $25. UBK Markets accepts Bank transfers, Skrill wallets, and Bank cards for deposit and withdrawal. Withdrawals are processed within 3 days and transaction fees are charged.

Payments Methods Transaction Fees Processing Time
DepositWithdrawalDepositWithdrawal
Bank transferYour bank fee45 USD1–3 business day(s)1–3 business day(s)
Skrill wallet1%1%Instant1 business day
Bank card2.8 %Instantly

Company Profile

  • 10-15 years
  • Regulated in Cyprus
  • Forex Execution License (STP)
  • Self-developed
  • High Potential Risk

Wiki Q&A

How is the fund security of UBK Markets evaluated?

UBK Markets operates as a Cyprus-based entity, UBK Markets Ltd, which holds a regulated Forex Execution License (STP) from the Cyprus Securities and Exchange Commission (CYSEC) under license number 186/12, providing a formal regulatory framework for its operations. It maintains a formal operational profile and has not been associated with any significant public user complaints or exposures.

04-02
United States

What is the license number of UBK Markets?

The broker's primary operating license is number 186/12, issued by the Cyprus Securities and Exchange Commission (CYSEC) as a Forex Execution License (STP) provider.

04-02
United States

What is the full company name of UBK Markets?

The entity operates under the full legal name UBK Markets Ltd and is registered in Cyprus.

04-02
United States

What is the minimum trade size at UBK Markets?

The minimum trade size varies by account type; for the iPA-Investor account, the minimum trade size is 0.0001 lots, and for the Classic account, it is 0.01 lots.

04-02
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

04-02
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

04-02
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

04-02
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

04-02
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

04-02
United States
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