United World Capital Forex Broker
| Name of the Company | United World Capital Ltd. |
|---|---|
| Established in | 2008 |
| Online since | 2008 |
| International Offices in | Cyprus |
| Payment Methods | CONTACT, Credit/debit cards, Moneybookers, Neteller, OKPAY, Payza, WebMoney, Western Union, Wire transfer |
| Demo Accounts & Platforms | MetaTrader 4, MetaTrader 5, Currenex Classic, Currenex Viking, MirrorTrader |
| Account currencies | Australian dollar, Canadian dollar, Euro, Great Britain pound, Japanese yen, New Zealand dollar, Russian rouble, Swiss franc, United States dollar |
| Different Currency pairs | AUD/CAD AUD/CHF AUD/JPY
AUD/NZD AUD/USD CAD/CHF CAD/JPY CHF/JPY EUR/AUD EUR/CAD EUR/CHF EUR/GBP EUR/JPY EUR/NZD EUR/USD GBP/AUD GBP/CAD GBP/CHF GBP/JPY GBP/NZD GBP/USD NZD/CAD NZD/CHF NZD/JPY NZD/USD USD/CAD USD/CHF USD/CNH USD/CZK USD/DKK USD/HKD USD/HUF USD/JPY USD/MXN USD/NOK USD/PLN USD/SEK USD/SGD USD/ZAR |
| Regulated and Registered by | CySec, FSA (UK) |
| Are US Traders Allowed? | No |
| Languages in which website is available | English, German, Malay, Russian, Spanish |
| Languages in which support is available | Arabic, Bengali/Bangla, Bulgarian, Chinese, Czech, English, German, Malay, Polish, Portuguese, Russian, Spanish |
| Different Support methods | Callback, Email, Office, Phone, Web form |
| Types of account (micro standard executive islamic) | LITEForex, REALForex, Currenex (ECN), STP |
| Minimum account size | |
| Minimum position size | $25 |
| Minimum position size | 0.01 lot |
| Type of Spread | Fixed |
| Typical spread on EUR/USD, pips | |
| Minimum spread on EUR/USD, pips | 2 |
| Is Scalping allowed? | |
| Expert advisors | Allowed |
| Types of Trading instruments (GOLD; CFD, etc. and the leverage) | Forex- 1:500, Gold & Silver – 1:50 |
| Real Trading platforms | MetaTrader 4, MetaTrader 5, Web Trader |
| Digits after the dot in quotes | 4 |
| Margin call level | 50% |
| Stop-out level | 10% |
| Total Number of currency pairs | 39 |
| · Interest rate on funds | Yes |
| Any Bonus offers | yes |
| Any MAM accounts | Yes |
| Affiliate program available | Yes |
| Islamic accounts available | Yes |
| · Is Hedging allowed | Yes |
| Facility Overnight interest rates (swaps)? | Yes |
| Do they have Trailing stop? | Yes |
| Do they have Pending orders? | Yes |
| Is One-click trading facility available? | Yes |
| Mobile trading allowed? | Yes |
| Browser-based platform present? | Yes |
| Automated trading present? | Yes |
In 2008 United World Capital was founded with the aim of providing one stop solution to the trading needs of all the traders. They also started their internet based online trading service with the aim of reaching out to the customers all over the world. The company has its office in Cyprus and is well regulated by CySec and by FSA in United Kingdom. They are loaded with many features which attacts the customers, like trailing stops, pending orders, one click trading, overnight interest rates swaps, browser based platform and automated trading. They also provide to their customers interest rates on their funds. Various bonus offers allow the traders gain some money and add to their accounts. The payment options are many which help the trader in making smooth deposit and withdrawal of funds. They allow trading in about 39 currency pairs which include all the major pairs and a few exotic pairs, however, the account currencies allowed in the trader’s account is from 9 countries. They do not allow traders from United States to trade from their account.
The demo account is available to the clients free of cost and the trading platform offered are many which include, Meta Trader 4, Currenex, Classic, Meta Trader 5, Currenex Viking and Mirror Trader. However, while trading from real accounts the trading platform allowed are only Meta Trader 4, Meta Trader 5 and Web Trader. They have 4 different types of accounts for the traders and the minimum deposit required to open an account with them is $25. The spread on the trade is fixed and the traders know the cost of their trade before placing the order. The use of Expert Advisor is allowed to the clients. The leverage on forex trading is 1:500 whereas on Gold & Silver it is 1:50.
The reviews are one of the many mediums which can be used to know about a company, its performance in the market and the quality of service that it provides to its customers. The most interesting feature of this broker is that it allow currencies from 9 countries in the trader’s account and is liked by many. It being regulated by CySec in Cyprus and by FSA in U.K is also liked by many traders as mentioned in the reviews.Though they have Some other trading platforms for demo account along with Meta Trader 4 and Meta Trader 5, the real account allows all of these along with Web Trader and is lauded by the customer for its performance. They have 4 different types of real trading accounts and the minimum deposit required to open an account with them is as low as $25. This is liked by many small traders. The spread on the trade is fixed and hence traders can calculate their profit before placing the order. The use of Expert Advisor for smooth trading is allowed to the customers. The overall review is very good and the average rating given to it by the users is 6.6 out of 10.