Forex UBK Markets Broker Review

Performance Matrix

Main Score & Risk Matrix

#1179

Score

4.2

Average

UBK Markets is positioned as a competitive option for traders seeking balanced trading conditions, recognizable market access, and a score profile that sits above many mid-tier competitors.

License 4.4

Business 3.7

Risk Control 4.0

Software 4.7

Regulatory 4.2

Terminal Snapshot

UBK Markets Trading Conditions

Registered Region Cyprus

Operating Period 10-15 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email support@ubkmarkets.com

Contact Number +35725353630

Website www.ubkmarkets.com

Balanced Review

Pros & Cons

Pros

Regulated by Cyprus Securities and Exchange Commission (CySEC)
Diverse trading instruments including Forex, commodities, indices, stocks, and cryptocurrencies
Multiple trading platforms: ipro marketplace, web version, and mobile app
Comprehensive educational resources including market analysis and trading signals
Competitive trading conditions with low minimum deposit and tight spreads

Cons

Limited trading instruments beyond Forex
High withdrawal fee of $45
Low leverage of 1:30 for major instruments
Long processing time for bank transfers (3-5 days)
Customer support may have long waiting times

Compliance Desk

Regulatory Licenses

9.2/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	UBK Markets	XM	InterStellar	AvaTrade
Operating Period	10-15 years	See review	See review	See review
Region	Cyprus	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	4.2/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does UBK Markets Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Classic Account	Retail traders and beginners	Low minimum deposit, straightforward trading conditions	Minimum deposit of $25, suitable for newcomers
IPA Manager Account	Experienced traders and investment managers	Performance-based rewards, designed for managing multiple currency pairs	No minimum deposit specified, ideal for seasoned traders
IPA Investor Account	Traders looking to copy successful strategies	Access to trade signals from IPA Managers	Minimum deposit varies based on total volume of funds under management

Account Opening Process

To open an account with UBK Markets, follow these steps: visit the official website and navigate to the registration page, select the desired account type (Classic, IPA Manager, or IPA Investor), and complete the registration form with your personal details. Next, submit necessary identity verification documents, including a government-issued ID and proof of address. Once your account is verified and funded, you can start trading. Additionally, there is flexibility to upgrade to a professional account later if desired.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (EUR/USD)	0.8	$9 per 100,000 units	Tight spreads for major pairs
CFDs (Stocks, Indices)	Varies	Varies	Dependent on market conditions
Cryptocurrencies (BTC/USD)	1.0%	$16 per 100,000 units	Variable depending on volatility

Other Fees

UBK Markets may charge additional fees, including deposit and withdrawal fees, which can vary based on the payment method used. Inactivity fees may apply after a period of account inactivity. Platform usage fees are not specified, but traders should be aware of potential overnight interest (swap rates) applicable to positions held overnight. Currency conversion fees may also be incurred depending on the transaction currency.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

UBK Markets is positioned as a competitive option for traders seeking balanced trading conditions, recognizable market access, and a score profile that sits above many mid-tier competitors.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

UBK Markets User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

20%

2 star

60%

1 star

12%

Anna Petrova

Moscow

★ ★ ★ ★ ★

I had a frustrating experience with UBK Markets. The withdrawal process took an unusually long time, and when I finally managed to submit my request, I was hit with a $45 fee that I wasn’t prepared for. Support was slow to respond, and I felt left in the dark about my account status. Not what I expected from a regulated broker.

John Smith

London

★ ★ ★ ★ ★

Overall, I’m quite satisfied with UBK Markets. The trading platform is user-friendly, and I’ve found the spreads to be competitive. I also appreciate the educational resources they provide. However, I did experience a slight delay in withdrawal once, but it was resolved after I contacted support, which was helpful.

Sergey Guskov

Kyiv

★ ★ ★ ★ ★

UBK Markets has been a nightmare for me. I deposited a fair amount, but when I tried to withdraw, my account was blocked without clear communication. I felt scammed, and I’ve heard similar stories from others. I strongly recommend staying away from this broker.

Emily Johnson

New York

★ ★ ★ ★ ★

I’ve had a positive experience trading with UBK Markets. The Classic Account was easy to set up, and the minimum deposit is very reasonable. I love the ipro marketplace platform—it has all the tools I need to trade effectively. Whenever I’ve needed support, they’ve been responsive and informative.

Cyprus Market