Umarkets Journal

Journal status: live
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Umarkets Profile
Year
2014
Country
Marshall Islands
Branches
1
Regulation
not regulated
Registration
IFMRRC Russia
Investor protection
Fund protection
IFMRRC Russia
Publicly traded
no
Restricted in
Not serving
х Canada, Japan, Turkey, UK, US
Broker type
MM
Dealing book
B-book
Tier
3
Execution speed
0 ms
LPs total
0
LPs quality
none
LPs names
none

Umarkets Accounts
MM
Minimum Deposit
500 $
Leverage
200 : 1
Minimum Lot
0.1 lots
EURUSD spread
2.5 pips
Commission
0 $/lotRT
Volume
...
Margin Call
...
Stop Out
...
Execution
Instant
Spread
fixed
Scalping
no
Deposit & Fees
Deposit methods
Bank Wire, Debit Card, Credit Card, Skrill, Neteller, Orange Pay, AstroPay
Base currency
USD
Segregated accounts
no
Interest on margin
no
Inactivity fee
none
Update broker

Is Umarkets safe?

  • Investor protection: IFMRRC Russia
  • Regulation: not regulated
  • Registration: IFMRRC Russia
  • Publicly traded: no
  • Segregated account: no
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: yes

Is Umarkets trusted?

  • Information transparency: sufficient ★★★
  • Customer service: virtually non-existent
  • Umarkets website: uninformative, updated ★★
  • Umarkets popularity (by visitor count): low visits ★★

How Umarkets works



You acknowledge that the minimal timeframe for manual execution of the transaction: on a web platform, it’s 3 minutes. We reserve the right to cancel transactions in cases where the time between opening a transaction and closing it was less than 3 minutes.

The Company offers a fixed spread on the web platform. The fixed spread changes depending on time and market conditions.

The calculation of the prices, payouts or losses related to Transactions at the time the Transaction is opened and closed will be based on our estimate of actual market prices and the expected level of interest rates, implied volatilities and other market conditions during the life of the Transaction. These values are based on complex arithmetic calculations as determined by us in our sole discretion. These calculations include a spread in favor of us, which means that the values involved may differ substantially from prices available on primary markets where similar transactions are conducted.



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