UBCFX Forex Broker Review 2019
UBCFX is a new broker on the market, they have been active for a few years but have gone now full retail. requiring a new introduction to the traders’ audience.
this broker aims for the traders that have a bit of experience but look to take their trading one step further. their entire operation shows professionalism and experience and you can see that they are going in the right direction
UBCFX trading Account options
This Broker offers 3 accounts from which you can choose. The account you will receive depends on the amount you plan to trade with.
The moment you fund your account with a higher amount you will automatically receive the higher account status will give you a few more tools and more direct contact with the company.
the accounts are
1- Silver account: This account requires a minimum deposit of $ 500 you will be able to trade on all assets. This account will provide you all the basics and universal features within the company, like daily news and signals
one main feature is that UBCFX Forex Broker does not take commissions on overnight positions or on deposits and withdrawals.
2 – Gold account: This account requires a minimum deposit of $ 2000 and provides traders with a personal Risk Management Plan and you are invited to the VIP events.
- Platinum Account: this is the big account and this account requires a minimum deposit of $ 5000. This basically gives you everything and your account is in addition to your personal account manager also monitored by the senior staff. There will be an account performance analysis performed every designated period to make sure your investment is working for you.
The UBCFX Islamic Account:
This account has all the benefits offered to other trading accounts so it depends on the amount you fund your account with which account type this will be.
For this account there is no commission and no interest on overnight positions, in accordance with Shariah / Islamic banking laws., making it a true Islamic Trading Account.
UBCFX demo account
they offer a full-service demo account that will show you how the systems are working an gives you a test run at their brokerage, the tie frame is somewhat short but I am sure as you ask them they will prolong it, as I found till now that they are very friendly and accommodating.
their Main MT5 Features
- MT5 shows currency depth of the market;
- Aggregation of open positions;
- 2 new pending order types: Buy Stop Limit and Sell Stop Limit;
UBCFX clients have the option to open a live trading account and a demo account.
UBCFX Trading Assets
also, they offer all majors and minors in total over 100 financial assets for trading
Advantages of UBCFX Forex Broker
- Traders can choose from a large list of currencies, indices, commodities, gold, oil and Cryptocurrencies.
- Trading shares of companies such as Apple, eBay and Google in addition to Saudi shares, which can be traded through the Sirix platform.
UBCFX Signal Service
This service is what made them more known among the traders, the signals are of the highest quality and have gained many followers that trade by them because of this.
you will be able to receive these free signals or recommendations directly via SMS to your phones or e-mail traders This service is available 24 hours a day, five days a week.
Deposit and withdrawal with UBCFX
The company offers its own credit card deposit and withdrawal solution. The minimum withdrawal is $500, and the maximum at one time is $10,000.
The company offers live chat service around the clock. You can also communicate with the company by phone, e-mail, regular mail and fax.
They will onboard clients that speak English, Arabic Spanish and German.
UBCFX is a good solution for those that look to trade on the go and are interested in their signal service, the deposit amounts are a bit on the higher side on the other hand they also deliver and in my opinion if you have less than $1000 , then don’t trade as there is no profit to be made from this. They provide services with the most important languages including Arabic making it one of their main markets.