Umarkets welcomes new traders with a nice bonus of 30% of the first deposit. But the bonus should be worked off. You can withdraw only net profit and from a demo account as well. You're provided 2 weeks to practice on the demo version.
It’s a pity that Umarkets doesn’t have an affiliate program. For some reason I thought that there is and I can earn not only by investing, but also by inviting new people here. But there is not. On the other hand the commission for opening an order is lower here than that of any broker. Thank you anyway.
Umarkets is suitable for me because I don't expect any surprises from this broker. Everything happens as stated, the terms are negotiated in advance and are fulfilled. Everything written in the contract is respected to the letter. I don't like that the broker added crypt. There are special platforms for trading with crypt.
I've started trading on Umarkets because it has a lot of crypts (15 types) and I like it. And the rest is up to scratch. MetaTrader 4 trading platform is very convenient and there is a mobile version of it, which is important for me. Spreads don't bother a lot, and there are many traditional assets for trading: currency pairs, shares, indices, commodities and metals. I sometimes trade with them too. I gradually rise in general, but I'd like for it to happen faster. It's a pity that one can't deposit an account with crypt on Umarkets. It would be convenient.
I got to know this broker about half a year ago. Have no objections yet. I'm satisfied with payment and the quality of work. Asked the support a couple of times, they helped me quickly and properly. All in all, I can give this company a 'good' mark.
They have plenty of assets and the execution is ok, but some spreads of assets could be lower... Again, if a company does not offer the lowest spreads then it makes money from them and not from selling traiders' deposits.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.