UnixBroker is another unregulated Forex broker, that only opened up on July 29th 2020. Their listed phone number is: +442036083561 and the customer service email is: [email protected]. Official website is: UnixBroker.com.
For withdrawal issues or broker complaints, read this.
UnixBroker Review
Our review of the trading app that UnixBroker offers their investors shows, that it is the basic MT4 trading software. It is available as a web-based version or you can download the desktop version. During our review of the broker, we did not see any mobile trading apps.
UnixBroker gives their investors / forex traders, the standard selection underlying assets for CFD trading including; Major and Minor Forex Pairs, Market Indexes, Shares, Commodities, Crypto Currency and Metals. Offering a website that is available in English, Polish and Russian, this broker could be focused on the Eastern European region. The minimum deposit requirement for a new trading account is $250, and they only allow deposit via credit card.
Automated trading robots are very popular now, and that is how we ended up finding this broker. You should know, that most trading apps you received an email about are total scams. If you are interested in using a trading app, look at some popular apps listed here.
Warning! Fake Trading Apps
The way you encountered this Forex broker, was by registering for a crypto trading app like Bitcoin Cash Grab. Before investing money in a trading algorithm app, you should know that 99% of people lose their money that way!
Automated trading apps are marketed online via spam email and fake news websites. You should take a few minutes, and learn how the Crypto Investment Scams operate, see the article.
Instead, educate yourself about day trading and only use a licensed broker, look here.
Is UnixBroker a Legit Broker?
No, UnixBroker is not licensed or regulated by any government financial regulator. On January 5th 2021, the FCA warned investors not to use this broker, see here.
There are many licensed Forex brokers who you can trade with, see here.
The way that sophisticated investors research their online broker, is by checking for a valid brokerage firm license. And the reason for that, is in the event that the broker does not give you your money back, your money is protected by the government. In the United Kingdom, brokers must be regulated by the FCA, and in Australia by ASIC.
UnixBroker is owned and operated by: Z Line Corporation LTD, Reg number 106124 , and like hundreds of offshore brokers, their address is at: Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands, MH 96960. This means that if you have a problem, you will need to go visit their post office box on the Marshall Islands.
Also listed on their website is an address of: 4 apt Flawing Street, The Grand Avenue, Liverpool, United Kingdom 33342, which is a shared office space.
Compare Regulated Brokers
Smart investors always tryout a few regulated brokers, before activating their live trading account.
ForTrade is the fastest growing broker in 2020, and they are a legal Forex broker, which is regulated in Europe, Canada, Australia and United Kingdom, see here.
Register a Free Demo Account, on their awesome trading platform, signup here.
What was your experience investing at UnixBroker? Please share your experience with others, in the comments section below.