UNIGLOBE Markets has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: uniglobemarkets.com.
UNIGLOBE Markets 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: Personal attention|Automated trading options|Fast execution
Cons: Alert system is basic|No crypto staking
I joined UNIGLOBE Markets after a friend recommended them and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.
Pros: Customizable dashboard|Full transparency|Helpful community forum|Responsive team
Cons: Spreads widen during volatile periods
I wanted to transfer my portfolio from another broker to UNIGLOBE Markets. 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: Multi-device support|Easy withdrawals|Dedicated account manager|Segregated accounts
Cons: Desktop app not available on Linux
UNIGLOBE Markets seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Segregated accounts|Risk management tools
Cons: Live chat only during business hours|No dark mode on mobile