UNFXB Journal
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UNFXB Profile
Website
Year
2016
Country
Mauritius
Branches
5
Regulation
not regulated
Registration
CBRD Mauritius, MOCI Afghanistan, BC Registry Services Canada, ITO Turkey
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х US
Broker type
MM, ECN marketing
Dealing book
A+B hybrid book
Tier
3
Execution speed
65 ms
LPs total
0
LPs quality
not disclosed
LPs names
not disclosed
UNFXB Accounts
MM
ECN
Minimum Deposit
10 $
400 $
Leverage
1000 : 1
500 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
1.6 pips
0.8 pips
Commission
0 $/lotRT
10 $/lotRT
Volume
Unlimited
Unlimited
Margin Call
100 %
100 %
Stop Out
20 %
40 %
Execution
Market
Market
Spread
floating
floating
Scalping
no
no
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Neteller, Perfect Money, Western Union, Bitcoin, Litecoin, Dash, Tether, Monero, Neo, TUSD, Bitcoin Cash, Binance Coin
Base currency
USD
Segregated accounts
yes
Interest on margin
yes
Inactivity fee
after 2 months
| Update broker |
- Full listing profile: UNFXB broker profile
Is UNFXB safe?
- Investor protection: no
- Regulation: not regulated
- Registration: CBRD Mauritius, MOCI Afghanistan, BC Registry Services Canada, ITO Turkey
- Publicly traded: no
- Segregated account: yes
- Guaranteed Stop Loss: no
- Negative Balance Protection: yes
Is UNFXB trusted?
- Information transparency: limited
★★ - Customer service: not so helpful
★★ - UNFXB website: semi-detailed, updated
★★★ - UNFXB popularity (by visitor count): low visits
★★
How UNFXB works
4. Execution Venues
Execution venues are the entities to which the orders are placed or the entities at which Companies transmits clients’ orders for execution. In this respect, the Company acts as the Execution Venue for the execution of client orders in relation to FX, and CFDs.
https://unfxb.com/pdf/Execution-Policy.pdf
Execution Policy
We are the counterparty to every order you place with us and therefore we are the only execution venue.
The Company may terminate this Agreement immediately without giving any notice, and the Company has the right to reverse and/or cancel all previous transactions on a Client’s account, in the following events of default:
The Company reasonably suspects that the Client performed abusive trading such as, but not limited to, Snipping, Scalping, Piphunting, hedging, placing “buy stop” or “sell stop” orders, prior and during to the release of financial news announcements, volatile market, arbitrage, manipulations or a combination of faster/slower feeds.
In the event of negative balance during high volatility or market gap on the opening of an asset, UNFXB LTD resets the accounts with negative balance to Zero with no additional costs passed to our clients.
We are the counterparty to every order you place with us and therefore we are the only execution venue.
The Company may terminate this Agreement immediately without giving any notice, and the Company has the right to reverse and/or cancel all previous transactions on a Client’s account, in the following events of default:
The Company reasonably suspects that the Client performed abusive trading such as, but not limited to, Snipping, Scalping, Piphunting, hedging, placing “buy stop” or “sell stop” orders, prior and during to the release of financial news announcements, volatile market, arbitrage, manipulations or a combination of faster/slower feeds.
In the event of negative balance during high volatility or market gap on the opening of an asset, UNFXB LTD resets the accounts with negative balance to Zero with no additional costs passed to our clients.
https://unfxb.com/pdf/Terms-Conditions.pdf
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