UNFXB Review – Unfxb.com Is A Well-Known Trading Scam

UNFXB Regulation and Safety Of Funds

UNFXB regulation has not been found despite false claims. UNFXB Ltd is the owner of the company, which was registered in Saint Vincent and Grenadines in October 2021. It is well-known, however, that the island does not issue Forex licenses. Instead, they direct brokers to obtain a license in their country of service.

UNFXB broker listed licenses from Australia ASIC, Canadian NFA and Mauritius. Here’s the problem, ASIC does not have any records about the firm. The official regulator in Canada is IIROC, not NFA. The company is registered in Cyprus, but does not have a valid license. We were unable to find the regulation in Afghanistan, so this broker cannot be trusted.

Many fraudulent companies will use various tactics to get you to invest. Do not fall for their traps.

UNFXB is an offshore trading brokerage. Although the company claims to have six regulations, none could be verified. This financial intermediary should be avoided.

UNFXB Trading Platform

The UNFXB trading platform is something we won’t be complaining about. The company provides MT5, which is the most recent and greatest version of MetaTrader. You can access many charts, indicators, as well as advanced tools, with MT5. MT5 supports expert advisors and social trading.

A good platform is worth nothing without regulation. You have nothing to complain about if you lose your money and the brokerage could simply disappear with all your investment. This is something to keep in mind when you choose a trading intermediary.

Choose only trustworthy and reliable brokers. You can read about the best ones in our article Best online brokers in 2023.

UNFXB Trading Assets

This company brings five asset categories for trading:

• Currency pairs: EUR/USD, GBP/AUD, NOK/SEK;
• Commodities: gold, silver, crude oil;
• Indices: NASDAQ, FTSE100, AU200;
• Shares: Amazon, Netflix, Alibaba;
• Cryptocurrencies: MATIC, EOS, ADA.

UNFXB Trading Account Review

There are three groups of UNFXB account types, those being:

Full chart accounts:

• Standard: $10;
• ECN: $100;
• ECN Pro: $1,000.

These are standard accounts with spreads and leverage. You will notice that the leverage is between 1:400 and 1:1000, regardless of any regulatory limitations.

Crypto special:

• UNFXB Spot: 100 USDT;
• VIP Crypto Investing: 500 USDT.

These accounts allow you to trade crypto, as the name implies. The deposit is made using crypto, or USDT which is pegged at USD.

PAMM/MAM/Copy Trade:

• PAMM: $100;
• MAM: $100;
• Copy Trading: $100.

These accounts allow you to invest in a higher pool, where the account manager runs the trades and takes a commission. You can copy trades from more experienced investors, and you can also earn through their work.

Every day new scam brokers and trading bots appear on the web with only one goal – to steal your money. We have already exposed some of them, for example – Aiko Markets, Uptos, Dominion Markets.

UNFXB: Video

You can also write a comment under the video on our YouTube channel to tell other traders about your experience. But if you’ve already been a victim, contact us for a free consultation by filling out the form at the top of the page.
Below you will find a short video about UNFXB. Watch it so you don’t miss anything important. In a few minutes you’ll learn the whole truth about UNFXB!