UBCFX is an offshore Forex CFD & Crypto Currency broker that opened in July 2018.
UBCFX is owned and operated by UBCFX Ventures Ltd, which is located at: Griffith Corporate Centre, Suite 305, 1510, Beachmont, Kingstown, St. Vincent and the Grenadines. Contact phone number from United Kingdom is: +44 203 9662463. Customer support email address is: [email protected]. Official website is: https://www.UBCFX.com/.
For complaints and withdrawal problems, read this article.
UBCFX Review
Investors at UBCFX will find the new Leverate Activ8 web-based CFD trading platform, along with the classic Sirix Trader. This trading software is very easy to use and simple for new beginner day traders. You can select the leverage amount you would like to use, your Stop Loss, and Take Profit amounts. Also available is the classic MetaTrader4, along with Sirix Mobile Apps.
There are hundreds of underlying assets available for CFD trading. All major and minor currency pairs are available, plus you can trade Crypto Currency CFD on Bitcoin, Ripple, Ethereum and Litecoin.
The minimum deposit required for a new trading account is $500. Leverage is available of 1:200 on BTC/USD, but their spreads are $50 wide. You can find brokers with tighter spreads, see here.
UBCFX License Check
Scam Broker Investigator reviews many online Forex brokers to see if they are a legitimate brokers or a scam brokers. The one thing we check to see is if the broker is licensed and regulated. Using a licensed broker means that your funds are usually insured by the government regulator, and held in segregated bank accounts.
UBCFX is not a licensed broker.
If you are interested in investing with a licensed Forex broker, go look at the list of regulated brokers, look here.
Compare Brokers
Most new investors will choose an established Forex broker, before using an offshore broker.
ForTrade is a popular Forex broker, that is authorised by the FCA in United Kingdom, see here.
Try a Free Demo Account on their amazing trading platform, signup here.
CMTrading is a popular broker that is licensed by the FSB in South Africa, see here. CMTrading gives you Copy Trading and more.
Learn more at: CMTrading.com.
If you are currently investing with UBC Forex, share your experience trading with other people, in the comments section below.