2 mins readI like the platform even though it doesn’t support EAs yet. It’s excellent for risk management and has all the tools needed to calculate and control risk. Definitely worth recommending to traders.
Overview
UnitedPips is a broker offering different account types, advanced trading platforms, and high leverage (up to 1:1000). They provide trading through platforms such as Classic Trader, Pro Trader,...
UnitedPips is a broker offering different account types, advanced trading platforms, and high leverage (up to 1:1000). They provide trading through platforms such as Classic Trader, Pro Trader, and a mobile app. UnitedPips is based in St. Lucia, but detailed information about regulatory licensing is unclear. They advertise competitive spreads starting from 0.7 pips, with a variety of deposit and withdrawal methods. UnitedPips also offers a 40% deposit bonus. In conclusion, UnitedPips appeals to both beginner and professional traders but lacks transparency in regulatory details.
Countries
+216
+216Devices
Our Verdict 4.1 / 5
See our process of evaluating brokers
Commissions & Fees4.5 / 5
Deposit & Withdrawal4.6 / 5
Customer Support3.7 / 5
Account Opening4 / 5
Regulation & Safety3.5 / 5
Pros
- High leverage options (up to 1:1000) for experienced traders.
- Multiple account types to suit different trading needs.
- User-friendly platforms, including mobile trading.
- Competitive spreads starting at 0.7 pips.
- Variety of deposit and withdrawal methods, plus a 40% deposit bonus.
Cons
- Limited information on regulatory licensing and oversight.
- Located in St. Lucia, a jurisdiction that may raise regulatory concerns.
- Lack of detailed information on fees or additional charges.
- Unclear customer support options and response times.
- Transparency issues around trading conditions and policies.
General details
Type of accountsUnlimited Demo AccountsStandard AccountsVIP accounts
Execution modelECN
Deposit currencyUSD
USDDeposit payment systems
Withdrawal payment systems
Support languagesEnglish
EnglishContact details[email protected]+1 (888) 349-5521
Customer reviews
Overall score 4.8 / 5 · 9 customer reviews
Read real reviews from traders all over the world:
See the entire process here.
I recommend it to U.S. traders looking for high leverage. Withdrawals could be a bit faster on weekends but overall my experience has been good so far.
Trading conditions are strong and the platform is user friendly with a modern design. Features like drag and drop stop loss and take profit make it even easier to use.
If I could give them six stars I would. Payments are fast and the platform is so easy to use. I really enjoy trading here.
There are no delays with this platform. Deposits and withdrawals go through quickly. Speed matters to me and they’ve definitely delivered.
Highly recommended. The platform runs smoothly with quick deposits and I even got a follow up call after signing up which showed great customer care.
The fixed spreads are fair and even though I’d like to see more payment options the trading platform itself is excellent and easily a five star experience.
I highly recommend this broker for anyone who wants high leverage and secure fast payments. The built in platform works well and I’m very satisfied with the service.
I’ve made five withdrawals in the past month and each one was processed in just a few hours. I really appreciate the fast service and the well trained support team that keeps things smooth.
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.
VIP - Unitedpips
Swap-free account Phone trading Scalping Hedging Trading 24 hours a day Trailing stop Interest on free balance Mailing the documents
Trading platformsUniTrader
Deposit currencyUSD
Trading instruments
- Forex1:1000
- Metals Gold, Silver1:1000
- Cryptocurrencies1:5
- Min deposit$10,000
- Max leverage1:200
- Commission0
- Execution typemarket
- Speed of executionVaries
- Spread typefloating
- Minimum position size0.01 units
- Maximum position size100 units
- Max. number of orders200
- Decimal places5
- Margin Call30%
- Stop Out10%
- Locked margin level25%
Premium - Unitedpips
Swap-free account Phone trading Scalping Hedging Trading 24 hours a day Trailing stop Interest on free balance Mailing the documents
Trading platformsUniTrader
Deposit currencyUSD
Trading instruments
- Forex1:1000
- Metals Gold, Silver1:1000
- Cryptocurrencies1:5
- Min deposit$2000
- Max leverage1:500
- Commission0
- Execution typemarket
- Speed of executionVaries
- Spread typefloating
- Minimum position size0.01 units
- Maximum position size10 units
- Max. number of orders100
- Decimal places5
- Margin Call50%
- Stop Out30%
- Locked margin level50%
Standard - Unitedpips
Swap-free account Phone trading Scalping Hedging Trading 24 hours a day Trailing stop Interest on free balance Mailing the documents
Trading platformsUniTrader
Deposit currencyUSD
Trading instruments
- Forex1:1000
- Metals Gold, Silver1:1000
- Cryptocurrencies1:5
- Min deposit$10
- Max leverage1:1000
- Commission0
- Execution typemarket
- Speed of executionVaries
- Spread typefloating
- Minimum position size0.01 units
- Maximum position size1 unit
- Max. number of orders20
- Decimal places5
- Margin Call60%
- Stop Out30%
- Locked margin level50%
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:
✓Currencies37
✓Cryptocurrencies6
✓Commodities6
Frequently asked questions
Find the right answer to your question below.
Is UnitedPips a scam broker?
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.
Is UnitedPips a US broker?
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.
Is UnitedPips a good broker?
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.
Is UnitedPips a regulated broker?
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.
