UCI-Limited has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: uci-limited.com.
Where do I even begin with UCI-Limited? for a few weeks now of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Quick verification|Dedicated account manager|Two-factor authentication
Cons: Research section could be deeper|Would like more payment methods
My withdrawal request from UCI-Limited has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Fast execution|Social trading features
Cons: Withdrawal takes 1-2 business days
I referred a friend to UCI-Limited through word of mouth in my investment club. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Multi-currency support|Instant funding
Cons: Would like more payment methods|Charting tools need more indicators
I lost a significant amount because UCI-Limited did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Stable platform|Fast support response|Copy trading available
Cons: Would like more payment methods
I have been trying to close my account with UCI-Limited for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Full transparency|Professional team|Tax reports included
Cons: Live chat only during business hours
The spread at UCI-Limited is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after hearing about them at a conference and initially thought the platform was good - until I started trading seriously.
Pros: Easy withdrawals|Great customer service|Economic calendar|Tax reports included
Cons: Could offer more webinars
I wanted to transfer my portfolio from another broker to UCI-Limited. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Transparent fees|Multi-currency support
Cons: Help articles are sometimes vague
What really bothers me about UCI-Limited is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them after comparing multiple platforms and I fell for the polished exterior. Never again.
Pros: Personal attention|Fast execution|Intuitive for beginners|Fast support response
Cons: Limited social trading features