All Customer Reviews & Comments about Umarkets Forex broker
Advantages: Convenient for trading, good trading terms
Disadvantages: unclear bonuses using terms.
Comment: I have mostly positive impressions about trading on Umarkets. There is a convenient web terminal, or you can install metatrader4 on a laptop. There are a lot of trading assets, and what I especially like is that there are about 20 types of crypts. I mostly trade with currency pairs and crypt. I regularly withdraw profits. Of course I'd like to have a higher percentage, but I try to weigh the risks. I trade on the mini account ($500) for now, but I'm already approaching the standard one ($5,000). There're interesting bonuses: an insurance bonus for trading on news and real profit for trading on demo account. But I didn't quite figure out their using terms.
Advantages: availability of floating and fixed spreads
Disadvantages: online chat is too slow
Comment: Umarkets is a fine broker. I've been trading successfully there for quite some time. It has 4 account types. The minimum deposit is $500. I started with this, and now I'm trading on the standard account. The min. deposit is $5,000. The broker allows you to trade with both fixed and floating spreads. On the standard account eur/usd fix spread is 2, and floating one is from 1.7. You can choose with what spreads to trade. I prefer floating spreads more. This broker has many assets; and 1:400 leverage
Advantages: Good Broker
Disadvantages: difficult for me
Comment: I know the umarkets broker very well. I've been trading there for quite a long time and I'm generally satisfied with it.
Advantages: cant say
Disadvantages: cant say
Comment: I did invest in forex, tried a couple of times and got scammed then i moved to binary options, got scammed too, adding up to about 41k on both sides, lost bitcoins sent to them but finally i was reffered to a top notch team of profssionals (binaryoptionassetrecovery,.,.com . then i stopped feelin g like a fool who just threw money away, they got more than 90% of my money back
Advantages: Good Broker
Disadvantages: Trading is difficult for me
Comment: Overall Good, Thanks for help !
Advantages: Low spreads, many currencies
Disadvantages: min deposit
Comment: I told myself a lot of times that everything new should be first tested on the demo account, moreover, there is no difference on umarkets where I trade. And here I applied a new strategy on the real account straight away. I had a big drawdown, it's good I at least managed to stop before it was too late. But I missed the possible profit. I basically have no complaints to the broker. It performs everything spotlessly according to the rules. Broker's advantages: fast withdrawals, acceptable min deposit. Disadvantages: unclear bonuses work-off system.
Advantages: loww spreads
Disadvantages: online chat
Comment: I know the umarkets broker very well. I've been trading there for quite a long time and I'm generally satisfied with it. The spreads are not high, all the necessary information is mentioned in advance. The performance is quite decent. No confusions with withdrawals. I once contacted the technical support, but I managed to figure it out myself before they answered. And the question was quite trivial. To sum up, the broker is honest and stable. I'd say its advantages are the user-friendly inteface, low spreads and a lot of cryptocurrencies. The disadvantage is the slow online chat.
Advantages: platform, withdraws
Disadvantages: don't understand bonuses
Comment: I decided to draw up my own rating of brokers. I assessed them by three positions though: spreads, money withdrawing and bonuses. According to my own rating, umarkets, on which I trade, is on the third place. The advantages of the platform: fixed spreads, about 2 points, no problems with withdrawing and a versitile bonus program. I'd say the disadvantages are that you can't expand the charts and the bonus processing system is complicated.
Advantages: Training with personal expert provided with demo account as well as in real trading; reliable platform with complete tools for analysis and smooth withdrawal process.
Disadvantages: Withdrawals are released fast but its the bank processes that take too long.
Comment: This was recommended to me by a friend who was successful in most of his trades with them. The training was quite helpful and the personal guidance gives you a major advantage over other trading platforms. There are many available analytic tools that make trading convenient and not as complicated. It's easy to reach account manager thru various channels and withdrawals are processed quite fast. However, my bank is slow in releasing my money.
Advantages: 389 currency pairs, speed of execution, Crypto-currency
Disadvantages: high commission
Comment: The only negative of this broker is a high commission. In the rest everything is good: a lot of tools, fast execution speed of orders, lots of ways to withdraw money.
Advantages: untuk saya cocok
Comment: I've recently withdrawn money a couple of times and I started to trust this company a bit more. Before that I was rather sceptical. In general, it's a solid broker. They offer a lot of assets and the conditions are also nice. The platform works well, so I tend to think it's a good company.
Advantages: Swap free accounts, regulated by IFSC, exact quotations
Disadvantages: long withdrawal of money
Comment: I like to trade through this broker, he has many advantages. But here sometimes it is difficult to get your profit on the card.
Advantages: availability Crypto-currency, news
Disadvantages: no MT5
Comment: I trade 4 months. Before that, I finished the training course. There are first profits, but also a lot of expenses. We need experience to trade here successfully.
Advantages: Crypto-currency, no additional commissions, many trading tools and low spreads
Disadvantages: add MT5
Comment: I trade crypto currency through this broker on different currency pairs. This broker is constantly developing and it is beneficial to cooperate with him. I rate 5 for the lack of MT5.
Advantages: normal broker
Comment: Now I have a neutral attitude to this broker. There seems to be everything for a convenient trading: low fixed spread and cryptocurrency trading if you want to. However, in my opinion, the minimum deposit is overstated and this neutralizes all broker's advantages. As for money withdrawal, well it's offered there and it functions.
Advantages: do not impose additional fees, convenient trading platform, leverage
Disadvantages: no MT5
Comment: A good broker who has a comfortable platform and a normal leverage. There is no need for a large deposit, many instruments, operations are carried out quickly. For the absence of MT5 I shoot one ball.
Comment: When I came here I was just the beginner that didn't see the difference between support and resistance levels. I completed several tutorial cources and then started trading. Not everything was good, I should say, but the main thing is to have wish and determination. So, 6 months later I began earning some money. That's why I'm sure to say that this broker is good both for beginners and for experienced traders.
Advantages: No hidden charges, many tradable objects
Disadvantages: High spreads and lot sizes for commodities
Comment: After a number of weeks on a demo account, I feel I am ready to trade a live account. The trading conditions have been good all through with good speed in execution and spreads which have been commendable. Problem is, I need at least $5,000 for a standard account and I don't feel comfortable giving them such a huge amount of money the first time. Regulator is from Belize IFSC and I don't trust them as much as I do CySEC and FCA or ASIC. This is my dilemma, but I'm still going to do it and take the chance, and report back here if I have any problems