United Kingdom Managed Futures Association has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Addresses: 25 Bank Street Poplar London Borough of Tower Hamlets London E14. This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: ukmfa.org.
The platform itself is okay, but the customer service at United Kingdom Managed Futures Association is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: No hidden fees|Great customer service|Regular platform improvements
Cons: Could offer more webinars
The mobile app from United Kingdom Managed Futures Association is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Good analytical tools|Clean UI|Comprehensive tools|API access
Cons: Some tools only available on higher tiers|Help articles are sometimes vague
I experienced a security concern with my United Kingdom Managed Futures Association account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Low minimum deposit|Quick verification|Good mobile app|Full transparency
Cons: Would like more payment methods
I trusted United Kingdom Managed Futures Association with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Good mobile app|Fast deposits|High security standards
Cons: No phone support on weekends
The spread at United Kingdom Managed Futures Association is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them while looking for alternatives to my previous provider and initially thought the platform was good - until I started trading seriously.
Pros: Educational resources|Portfolio tracking tools|Regular platform improvements
Cons: Currency conversion fee exists
I gave United Kingdom Managed Futures Association a fair chance. After for over a year of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Portfolio tracking tools|Clear documentation
Cons: Alert system is basic|Limited demo account features
United Kingdom Managed Futures Association has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Good mobile app|Smooth onboarding
Cons: Limited ETF selection|No fractional shares
I lost a significant amount because United Kingdom Managed Futures Association 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: Professional team|Customizable dashboard|Comprehensive tools
Cons: Charting tools need more indicators
United Kingdom Managed Futures Association had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Good analytical tools|Instant funding|Market news feed|Dividend tracking
Cons: Some tools only available on higher tiers|Onboarding videos are outdated
Customer support at United Kingdom Managed Futures Association seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: Quick verification|Demo account available|Full transparency|Clear documentation
Cons: Limited social trading features