Detailed Overview of UBK Markets

Diving into the World of UBK Markets: An Overview

Launched in 2011 by Simcord, UBK Markets has carved a place for itself in the global financial sphere. Specializing in intelligent software and analytical products tailored for the finance and investment sectors, Simcord marked its entry into the brokerage services with the creation of the UBK Markets trademark. The trademark is recognized in several countries around the world.

Innovations and Distinctive Solutions

UBK Markets operates using a bespoke suite of solutions anchored in Simcord’s software development expertise. The iPro Marketplace platform serves as the pillar of our exceptional brokerage services. This unique trading and analytical platform integrates multiple patented innovations, reinventing capital management and financial market analysis.

Embracing ECN Standards for Optimized Trading

UBK Markets employs the ECN (Electronic Communication Network) standard, a digital platform that facilitates efficient buying and selling in the financial market. This system enables UBK Markets to provide their clientele with optimal trading conditions, attractive prices, and low commissions. Leveraging the liquidity of the entire ECN system is a key benefit, which is continually enhanced by the expanding network of liquidity providers, some of whom are major players in the global financial industry. This guarantees UBK Markets' relentless improvement of trading conditions and service quality.

Commitment to Transparency and Excellence

For UBK Markets, transparency and incessant enhancement of management and operational standards are more than just a commitment; they're a priority. Harnessing efficient management methods, the platform has captured the attention of both professionals and novices exploring financial market opportunities. UBK Markets Ltd is regulated by the Cyprus Securities and Exchange Commission CySEC (License No. 186/12) and is compliant with MiFID, the Markets in Financial Instruments Directive of the European Union.

Trade Instruments and Opportunities

Presently, UBK Markets focuses on trading fiat currency pairs, even though many companies are expanding their offerings to include CFDs on commodities, indices, and cryptocurrencies.

Account Details and Leverage

UBK Markets offers a single account type, referred to as the Classic account. With a minimum deposit requirement of just $25, it is a feasible option for most regular investors. UBK Markets also allows its customers to leverage up to 1:30. This is quite sufficient for the majority of traders but might fall short for professionals accustomed to higher leverage ratios.

Spread & Commission Details

UBK Markets offers variable spreads with the possibility of a minimum spread of 0 pip. Precise spread details on assets are not provided. However, a commission of $9 per trading lot suggests that the broker's spread begins at 0.9 pip.

Platform and Account Types

UBK Markets provides the in-house developed iPro Marketplace as their trading platform. This stands apart from most brokers who rely on third-party software solutions. Account offerings include the iPA-Manager Account, Classic Account, and iPA-Investor Account.

Deposits, Withdrawals and Customer Support

UBK Markets accept multiple payment methods, including bank transfer, Skrill wallet (with a deposit & withdrawal fee of 1%), and bank card (with a deposit fee of 2.8%). Customer support is available via a Frequently Asked Questions section or a scheduled callback. Contacting a manager is only possible post-registration, and unfortunately, instant email or call support is unavailable. The website caters to both Russian and English-speaking clients.