umarkets reviewsReviewed broker: UMarkets

Operated by Maxi Services Belize Ltd.

Established in 2014

Location: Belize

Regulation: IFSC

ECN: claims to be ECN broker, however the broker’s website lacks any information about ECM type of accounts

Trading instruments: currency pairs, indices, shares, commodities CFDs

Account types: mini, standard, gold, platinum, ECN

Demo account: available

Islamic swap free accounts: available

Segregated accounts for client funds: yes

Trading platforms: Metatrader 4, available on desktop, web and mobile

Technical indicators: yes

Back testing options: yes

Advanced charting capabilities: available

Expert Advisors: available

Automated trading: yes

Autochartist:  informs about upcoming movements on the market

Scalping: yes

Hedging: yes

Guaranteed stop loss: yes

Guaranteed limit orders: yes

API trading: available

VPS hosting: no

One click trading: yes

Trading signals: yes

Educational materials: offers all sorts of forex training via videos, ebooks, signals and others

Minimum deposit requirement: $500

Payment methods: credit cards, wire transfer, Neteller, CashU

Minimum trade size: 0.1

Maximum leverage: 1:400

Variable spreads start from 2 pips

Fixed spreads start from 2.5 pips

ECN spreads start from 0.5 pips plus commissions

Promotions and bonuses: at the moment of the review, the broker offered 30% welcome bonus

Customer support: phone, email, online chat, skype, fill in form

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