Score
United Brokers
Marshall Islands|2-5 years| https://united-brokers.org/
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Marshall Islands
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskAccount Information
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Website
united-brokers.org
Server Location
United States
Website Domain Name
united-brokers.org
Server IP
172.67.212.10
Company Summary
Note: United Brokers's official website: https://united-brokers.org/ is currently inaccessible normally.
| United Brokers Review Summary | |
| Founded | / |
| Registered Country/Region | Marshall Islands |
| Regulation | Not regulated |
| Market Instruments | Forex, commodities, cryptocurrencies, stocks and indices |
| Demo Account | ❌ |
| Leverage | Up to 1:100 |
| Spread | From 2.8 pips |
| Trading Platform | WebTrader |
| Min Deposit | $250 |
| Customer Support | Physical address: Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands МН96960 |
| Phone: +442036701987 | |
| Email: info@united-brokers.org | |
United Brokers is a London-based broker that offers five types of trading tools with leverage up to 1:100, a minimum deposit of $250, and four account types. However, United Brokers is not subject to any regulation.
Pros and Cons
| Pros | Cons |
| Multiple trading choices | No Legal regulation |
| Multiple account types | Limited info on trading fees |
| Unavailable website | |
| Lack of transparency | |
| No demo accounts | |
| High minimum deposit |
Is United Brokers Legit?
United Brokers is not subject to any regulation. Additionally, United Brokers is registered in the Marshall Islands, a preferred location for fraudulent activities, because of the lack of stringent local laws. If you fall victim to their schemes, you may find it difficult to seek assistance.
What Can I Trade on United Brokers?
United Brokers offers five types of market instruments: foreign exchange, commodities (such as precious metals and oil), stocks, major global indices, and 55 types of cryptocurrencies. However, since United Brokers lacks legal regulation, trading with it poses a high risk of financial loss.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ❌ |
| Stocks | ❌ |
| Mutual Funds | ❌ |
| Futures | ❌ |
Account types
United Brokers provides four types of trading account: Mini, Standard, Classic and Pro-Invest Account with a minimum deposit requirement of $250, $10,00 $10,000 and $50,000 respectively. The minimum deposit required by United Brokers is quite high in the industry and poses a high risk of losing all your assets.
| Account Type | Min Deposit |
| Mini | $250 |
| Standard | $1,000 |
| Classic | $10,000 |
| Pro-Invest | $50,000 |
Leverage
United Brokers offers leverage up to 1:100, which promises high profits but also entails substantial risks. Given that United Brokers is an unregulated broker, you should not trust its claims and avoid trading with it.
Trading Platform
United Brokers only supports trading on its proprietary web-based platform, which offers limited functions. Therefore, you are advised to choose a broker that has obtained permission to use professional and advanced platforms such as MT4/5 or cTrader for investment.
| Trading Platform | Supported | Available Devices |
| MT4 | ❌ | / |
| MT5 | ❌ | / |
| cTrader | ❌ | / |
| Proprietary web-based platform | ✔ | Computer |
Deposit and Withdrawal
UnitedBrokers supports payments through credit cards such as VISA and MasterCard via the third-party payment provider Betatransfer, as well as Bitcoin or Ethereum payments. However, please note that all cryptocurrency payments are more or less anonymous and irreversible.
Additionally, UnitedBrokers has a stringent rule: if they suspect you of fraudulent behavior, your account will be blocked and all funds will be frozen. Therefore, it is crucial to exercise caution when dealing with this broker.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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