Umarkets Broker review: boost your chances of winning
2018 Umarkets celebrated the tenth anniversary of its entry into the CIS market. During this time, the company managed to attract thousands of regular customers and create a positive image with experienced dealers thanks to your positive Umarkets experiences. However, it is difficult to find Umarkets reviews on the Internet. This is done for the simple reason that the broker is not looking for mass PR, but attracts traders from targeted resources. Because of this approach, the broker saves advertising and at the same time creates a business reputation. Umarkets customers are satisfied with the company’s work and only write about it in special forums. This Umarkets broker review gives an idea about the broker.
Umarkets Experiences and Details
Umarkets experiences of the clients speak of many different functionalities of the broker. With regard to foreign exchange trading, Umarkets offers the following conditions:
floating spread of 1 point; Leverage – from 1: 200 to 1: 400; Trading 24/6, closed on Saturday;modern trading platforms XCritical and MetaTrader 4; Minimum commission for moving a position overnight.
Anexample are some reviews that describe Umarket’s experience from the point of view of customers.
An investor wrote a neutral review in which he is not very satisfied as he has to wait a long time for the company’s feedback from technical support. On the other hand, he was very satisfied that the company paid out the money quickly and received a small commission compared to competitors.
Another investor introduces the broker as a decent broker because it pays money out quickly and gives the opportunity to trade freely. These benefits can be read in most Umarkets broker reviews.
Another Umarkets customer gave a positive review. He has been working with the brokers together and likes the conditions for collaboration and the conditions that the company offers for work.
Umarkets Demo Account and Account Types
Umarkets demo account can be opened by any customer absolutely free of charge. The big advantage is that you can learn to trade without risk. The Umarkets demo account has become firmly established in trading practice and many customers benefit from it.
If you have already learned to act, you can switch to a paid account. Umarkets offers the following account options:
“Mini”. The minimum deposit is 500 USD. Trade size – from 0.1 lot. Customers have access to online chat, which allows them to quickly resolve any problems they encounter.” Standard”. The amount of the deposit is from 5000 USD. Trading indexes are available to users who open an account of this type. In addition, they receive an extended version of the Autochartist Advisor. With its help, you can quickly perform technical analyses and most likely make forecasts for financial assets.” Gold”. The minimum deposit is USD 10,000. You can trade with volumes of assets from 0.5 lots. Users receive all the features of the previous account type. SMS signals are available to you. Customers will receive a separate telephone line and a VIP manager. Holders of gold accounts will have access to the Company’s special offers.” Platinum”. The deposit is 35,000 USD. The minimum transaction volume is 1.5 lots. The functionality of the account is the same as for the previous type. Users also receive personalized reviews of the exchange as well as trading with a personal analyst.
Can Umarkets be called a deception?
Since not everyone has access to resources with information about Umarkets, a logical question arises: is Umarkets a deception with a competent approach or a really good broker that not everyone Knows?
Umarkets initially operates under the IFSC Belize license. This means that the company’s activities are controlled by the state supervisory authority.
Those who write that Umarkets are scammers most likely know nothing about this fact. If the company deceives customers, it is liquidated and criminal proceedings are initiated against the officials.
Neither Europe nor the CIS have received a single official complaint about the broker’s activities. Umarket’s reviews confirm this as most of them are positive.
Umarkets Minimum deposit and payment methods
Umarkets minimum deposit for new customers to open an account is 500 US dollars. You can use the following replenishment methods:
Bank TransferVisa / MasterCardElectronic Payment Systems/WalletsQiwi, Neteller, CashU, Yandex Money and WebMoneyBitcoin Wallet
For the issuance, the minimum threshold is 50.
The commission from the broker is not charged for the payout. If the client has not made at least 5 transactions after depositing the account, the broker will take 5% of the withdrawal amount as commission. The same methods for the payout are available as for the refill. After the Umarkets minimum deposit traders can start trading.
One of the most popular questions for newcomers to the financial market is undoubtedly the topic of investment. Yes, many of our contemporaries hear this term quite often and generally understand what investments are and what function they have. Moreover, many do not realize that we all invest from time to time within the limits of our abilities and desires.
The most important thing is a rule: do not forget that any trading activity in the securities market is at high risk of capital losses and no one guarantees a favorable outcome. If a company offers its customers a guaranteed income, you know that this is most likely a fraudulent organization and you probably won’t see any more investments in the company. With Umarkets, you can invest safely.