Ubinary has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: +41435086882
Addresses: Badenerstrasse 549 8048 Zurich This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.ubinary.com.
I requested my data from Ubinary under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Economic calendar|Detailed reporting|No hidden fees|Copy trading available
Cons: Would like more payment methods
Do not use Ubinary for anything serious. I used them for just over a year for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Helpful community forum|Social trading features
Cons: No phone support on weekends
Ubinary advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Clear documentation|Multi-currency support|Multiple order types
Cons: Charting tools need more indicators
I closed a profitable position at Ubinary and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Clean UI|Tax reports included|Real-time alerts
Cons: Cannot customize dashboard fully
I opened an account with Ubinary for nearly two years ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: API access|Stable platform|Competitive fees
Cons: Desktop app not available on Linux|Mobile app could be improved
Do not believe the bonus offer from Ubinary. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after a trusted YouTuber reviewed them and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Fast execution|Regular platform improvements
Cons: None so far
The onboarding at Ubinary was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Copy trading available|Professional team|Fast execution|Multi-device support
Cons: Mobile app could be improved|Limited demo account features
After for nearly two years with Ubinary, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: Economic calendar|Real-time alerts|Personal attention
Cons: Limited demo account features
Ubinary changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Demo account available|Multiple order types
Cons: Limited cryptocurrency options|Account statements could be more detailed