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UnitedPips review
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1 mins read
Overview
Our 5-step process of verification and evaluation – How do we obtain information?
General inspection – 30%
Trading experience – 30%
Technical audit – 20%
Collective experience from collaborations with the broker – 10%
Interviews with real traders – 10%
See the entire process here.
Pros
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High leverage options (up to 1:1000) for experienced traders.
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Multiple account types to suit different trading needs.
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User-friendly platforms, including mobile trading.
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Competitive spreads starting at 0.7 pips.
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Variety of deposit and withdrawal methods, plus a 40% deposit bonus.
Cons
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Limited information on regulatory licensing and oversight.
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Located in St. Lucia, a jurisdiction that may raise regulatory concerns.
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Lack of detailed information on fees or additional charges.
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Unclear customer support options and response times.
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Transparency issues around trading conditions and policies.
General details
+1 (888) 349-5521
Customer reviews
score
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Accounts
UnitedPips offers three types of trading accounts to cater to different experience levels and investment needs:
1. Standard Account: Ideal for beginners, this account requires a low minimum deposit of $10, offering essential trading tools with leverage up to 1:1000.
2. Premium Account: Designed for more experienced traders, it features a minimum deposit of $2,000, lower spreads, and additional benefits like a reduced stop-out level and leverage up to 1:500.
3. VIP Account: Tailored for professionals, this account requires a minimum deposit of $10,000, offering the lowest spreads, a dedicated support manager, and leverage up to 1:200.
Each account includes fixed spreads, no commission on trades, and access to UnitedPips’ platforms and 24/7 support, with options for additional benefits as traders upgrade.
Tradable instruments
UnitedPips provides its clients with access to a variety of trading instruments, which allows for a good level of diversification. Traders can choose from over 88 assets, including:
Frequently asked questions
Find the right answer to your question below:
UnitedPips is not necessarily a scam; it offers a range of account types, high leverage, and competitive spreads, which can be attractive to traders. However, some caution is warranted. Their regulatory status lacks transparency, and they are based in St. Lucia, a jurisdiction not known for strict financial oversight. Before investing, it’s recommended to conduct thorough research, verify user reviews, and confirm licensing details to ensure the broker meets your standards for security and reliability.
No, UnitedPips is not a U.S.-based broker; it is located in St. Lucia. However, it does allow U.S. citizens to register for accounts. Since UnitedPips is not regulated by U.S. financial authorities, U.S. clients should exercise due diligence and consider regulatory implications before registering.
Whether UnitedPips is a good broker depends on individual trading needs and risk tolerance. It offers high leverage, multiple account types, and competitive spreads, making it appealing for experienced traders. However, it operates from St. Lucia and lacks detailed information on regulatory oversight, which may concern those who prioritize strict regulatory standards. Traders should weigh these pros and cons and conduct thorough research, including user reviews and terms, to decide if UnitedPips aligns with their needs and comfort level.
UnitedPips does not publicly disclose detailed regulatory information on its website, which suggests it may not be overseen by major financial regulatory bodies. Brokers operating without clear regulatory oversight may pose additional risks for traders, as they are not subject to the same standards and protections as regulated brokers. For safety, potential clients should verify the broker’s regulatory status through direct contact or seek brokers with transparent regulatory credentials.
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Forex.com Best Trading PlatformsStart trading73%-77% of retail investor accounts lose money when trading CFDs with this provider.
UnitedPips compared with alternative brokers
To see the full broker review click “See review”, to see the complete table and compare more brokers visit our Comparison page.
- Overall verdict
- Trading
- Minimum deposit
- Maximum leverage
- Fees
- Withdrawal fee
- Deposit fee
- Safety
- Top-tier regulators
- Investor protection
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3.7/ 5
-
4.6/ 5
- $10
- 1:1000
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4/ 5
- $0
- $0
-
1/ 5
- No
-
No
-
See review
-
Specialized trading accounts
-
24/7 instant money withdrawal
-
4.2/ 5
-
4.5/ 5
- 100$
- 1:50
-
4/ 5
- $0
- $0
-
4.5/ 5
- FCA, CFTC, NFA, CIRO, CIMA, CYSEC
-
Yes
-
See review
-
3.9/ 5
-
4/ 5
- N/A
- 1:50
-
4.1/ 5
- N/A
- N/A
-
3.5/ 5
- CFTC, NFA
-
Yes
-
See review
-
4/ 5
-
4.3/ 5
- N/A
- N/A
-
3.8/ 5
- N/A
- N/A
-
4.3/ 5
- FCA, CFTC, NFA, SEC
-
Yes
-
See review
-
3.9/ 5
-
3.8/ 5
- 100$
- 1:500
-
4.1/ 5
- N/A
- N/A
-
4/ 5
- FSP
-
Yes
-
See review
