Forex Brokers

United Markets Capital

1.6 (9 reviews)
🇦🇺 Australia
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1.6
9 reviews
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About United Markets Capital

United Markets Capital has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: +352 (0) 20880721

Addresses: 26 Rue Edward Steichen Luxembourg This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: unitedmarketscapital.com.

Customer Reviews

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Every interaction was painful

A
Amy J.
2 months ago

Where do I even begin with United Markets Capital? for a couple of months 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: Stable platform|Portfolio tracking tools|Professional team|Dividend tracking

Cons: Would like more payment methods|Account statements could be more detailed

Manipulative and dishonest

E
Elizabeth O.
3 months ago

The mobile app from United Markets Capital 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|Low minimum deposit

Cons: No live chat on mobile

Crypto only no stocks

D
Diana F.
3 months ago

After for over three years with United Markets Capital, 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: Regular platform improvements|Responsive team

Cons: Help articles are sometimes vague

Do not believe the hype

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Natalie X.
4 months ago

The so-called education at United Markets Capital is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for a couple of months now thinking they would help me learn.

Pros: Easy withdrawals|Stable platform

Cons: No dark mode on mobile|Some tools only available on higher tiers

Lost thousands due to their errors

O
Oscar H.
4 months ago

I had a dispute with United Markets Capital and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.

Pros: Demo account available|Two-factor authentication|Intuitive for beginners|Good analytical tools

Cons: Inactivity fee applies after 12 months|No fractional shares

Not worth a single penny

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Vincent L.
5 months ago

I am in a dispute with United Markets Capital over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.

Pros: API access|Multiple order types|Wide product range

Cons: Email notifications too frequent

Deceptive practices at United Markets Capital

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Shannon N.
7 months ago

I referred a friend to United Markets Capital after a friend recommended them. 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: Instant funding|Quick verification|Dedicated account manager|Regular updates

Cons: Help articles are sometimes vague|Charting tools need more indicators

Does not even meet basic standards

O
Olivia D.
9 months ago

I found United Markets Capital after my brother mentioned them and the initial impression was positive. But since I retired last 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: Transparent fees|Clear documentation

Cons: Currency conversion fee exists|Limited cryptocurrency options

The epitome of bad service

J
Jennifer N.
9 months ago

After since early this year with United Markets Capital I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.

Pros: Stable platform|Regular platform improvements|Social trading features

Cons: Limited demo account features