The domain of UniTrade Market was registered on April 8, 2023, in the UK. The company was incorporated on April 12, 2023. The platform claims to offer various financial trading services, including forex, stock indices, commodities, bonds, cryptocurrencies, and stocks, but lacks effective regulation. The official website of UniTrade Market is: https://www.unitrademarket.com/
Company Background of UniTrade Market:
The domain of UniTrade Market was established on April 8, 2023. Its registered address is PO Box 4385, 14796205 - COMPANIES HOUSE DEFAULT ADDRESS, Cardiff, CF14 8LH. The company registration date is April 12, 2023.
Regulatory Information of UniTrade Market:
UniTrade Market claims to be regulated by the National Futures Association (NFA) of the United States with license number 0556107. However, the company's registration with the NFA is merely ordinary and not as a member, hence it does not possess any regulatory effectiveness.
Account Registration Process of UniTrade Market:
- Log in to the official website of UniTrade Market and click the register button
- Fill out the application form
- Submit identity verification/documents
- Deposit funds and start trading
Account Types of UniTrade Market:
UniTrade Market offers a single account type called the Standard Account with a minimum deposit of $50. This low entry requirement allows traders with various budget sizes to access the financial markets and start trading. However, traders should carefully consider their risk tolerance and trading strategies before making a deposit.
The platform provides a maximum leverage of 1:200, meaning that every $1 of account funds can control a position worth up to $200. Leverage can amplify potential profits and losses, so traders must understand the risks associated with leverage and use it responsibly.
Trading Software of UniTrade Market:
UniTrade Market offers the cTrader trading platform, which is available on multiple devices, including iOS, Android, and Windows PC. Through this platform, users can trade global assets such as forex, metals, oil, indices, stocks, and ETFs.
Trading Products of UniTrade Market:
Forex:
- Explore the potential of the forex market and profit from global economic trends.
Stock Indices:
- Invest in the stock market to grow wealth and achieve financial freedom.
Commodities:
- Speculate in the precious metals and oil markets to profit from rising global demand.
Bonds:
- Invest in bonds for stable and reliable returns while diversifying your portfolio.
Cryptocurrencies:
- Capitalize on the high return potential and opportunities of decentralized, borderless assets. Join millions of investors already profiting from this innovative opportunity.
Stocks:
- Trade stocks flexibly through CFDs to profit from market ups and downs and potentially amplify gains.
Spreads, Leverage, and Commissions at UniTrade Market:
UniTrade Market offers trading leverage up to 200 times. By using leverage of up to 200 times, traders can magnify their trading positions 200-fold.
Deposit and Withdrawal Methods at UniTrade Market:
QR Code:
- Minimum amount: $5.00
- Maximum amount: $200,000.00
Bank Receipt:
- Minimum amount: $5.00
- Maximum amount: $200,000.00
Withdrawal Timeframe:
- Withdrawals below $5,000 processed within 24 hours
- Withdrawals exceeding $5,000 may take up to 3 business days to process
Customer Support of UniTrade Market:
The official website of UniTrade Market currently does not provide customer support.
Conclusion:
While UniTrade Market offers a wide range of trading products and convenient deposit and withdrawal methods, it has issues with its regulatory information. Although the platform is registered with the NFA, it is only an ordinary registration and does not possess regulatory effectiveness. Therefore, investors should exercise caution when trading on this platform, fully understand the associated risks, and take necessary risk management measures. UniTrade Market is listed as "Non-Regulation" on TraderKnows.
