UCBridge (ucbridge.com) has been flagged by ASIC (Australia) for "Unlicensed". 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.ucbridge.com.
I found UCBridge (ucbridge.com) based on a colleague's recommendation and the initial impression was positive. But since the beginning of the year later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Detailed reporting|Multi-currency support|Two-factor authentication
Cons: Currency conversion fee exists
After using UCBridge (ucbridge.com) since last summer, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Professional team|Regular updates|Economic calendar
Cons: Account statements could be more detailed
The spread at UCBridge (ucbridge.com) is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after seeing their ad online and initially thought the platform was good - until I started trading seriously.
Pros: Risk management tools|Intuitive for beginners
Cons: Wait times can be long during peak hours|Alert system is basic
The hidden fees at UCBridge (ucbridge.com) are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Professional team|Low minimum deposit|Good mobile app|Instant funding
Cons: Mobile app could be improved|Website design could be more modern
UCBridge (ucbridge.com) 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: Easy to use platform|Instant funding
Cons: Withdrawal takes 1-2 business days