www.ubtforex.com has been flagged by AMF (France) for "Unauthorised". Category: Forex 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.ubtforex.com.
I have been trying to close my account with www.ubtforex.com 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: Personal attention|High security standards
Cons: Minimum deposit could be lower
www.ubtforex.com locked my account without warning and demanded documents I had already submitted. for about eight months later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Great customer service|Excellent charting|Dividend tracking
Cons: Search feature is basic|Mobile app could be improved
The mobile app from www.ubtforex.com 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: Tax reports included|Easy withdrawals|No hidden fees
Cons: Slow to add new assets|Limited cryptocurrency options
The platform at www.ubtforex.com is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for just over a year of dealing with this, I have had enough.
Pros: Market news feed|Transparent fees|Personal attention|Tax reports included
Cons: Cannot customize dashboard fully
The only good thing about www.ubtforex.com is that they remind you why regulation matters. I found them after a family member had a good experience. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Low minimum deposit|API access|Demo account available|Professional team
Cons: Account statements could be more detailed
The so-called education at www.ubtforex.com 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 nearly two years thinking they would help me learn.
Pros: Market news feed|Great customer service|Full transparency|Instant funding
Cons: Could offer more webinars|Onboarding videos are outdated
Do not use www.ubtforex.com for anything serious. I used them for just over a year for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Smooth onboarding|Competitive fees|Excellent charting|API access
Cons: Limited ETF selection|No crypto staking
www.ubtforex.com 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: Smooth onboarding|Dividend tracking|Competitive fees
Cons: Wish they had more educational resources
Where do I even begin with www.ubtforex.com? for about ten months 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: Detailed reporting|Easy to use platform|Full transparency|Excellent charting
Cons: Some tools only available on higher tiers|Email notifications too frequent
www.ubtforex.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: Real-time alerts|Fast deposits|Fast support response|Social trading features
Cons: No fractional shares|Currency conversion fee exists