With its head office in Cyprus, uBanker is an online financial services provider that allows traders to buy and sell CFDs, commodities, vanilla options, forex, indices, shares, and other financial markets. They provide traders with an intuitive trading platform, which is available in desktop, web, and mobile versions. In addition, the broker provides traders with other essential trading resources, including helpful trading tools, educational resources, and a 24/6 client support team. The minimum deposit required to start trading is $200.
uBanker Review Introduction
In this uBanker review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers, including uBanker.
uBanker Platforms & Tools
At uBanker, all trading activities are carried out using an intuitive trading platform that is known as the PROfit trading platform. It is a contemporary trading platform that is designed to ensure the seamless trading of multiple financial assets. The PROfit trading platform is designed with an intuitive interface that is suitable for traders of all levels of experience. The platform is available in web and mobile versions. The web version can run directly on modern web browsers, such as Chrome, Safari, Firefox, and Edge, without downloading or installing additional software. However, the mobile version requires you to download the mobile app from the relevant app stores — Android or iOS. The mobile app is best suited for traders who wish to place trades while on the go as long as there is an internet connection.
To ensure that traders get an enhanced trading experience, uBanker makes available a good selection of helpful trading tools, such as Technical & Fundamental Analysis, Personal Trainers, Live Rates, AutoChartist, and more.
uBanker Research & Education
The broker is aware of the importance of educational resources to the overall trading competence of clients. As a result, they make available a good selection of educational resources on the broker’s website. These educational resources include trading trends, announcements, self-study courses, free 1-on-1 coaching, and market news that keeps traders up-to-date with the latest events in the financial markets.
uBanker Trading Accounts
Traders are allowed to open a live trading account to begin trading. The minimum deposit to open a uBanker account is $200.
uBanker Account Funding
Traders can deposit and withdraw funds to and from their trading accounts using bank wire transfers, credit/debit cards, and online payment processors.
uBanker Customer Service
The broker’s clients can forward all their general, trading, and account-related inquiries to a knowledgeable client support team. The support team is available 24/5 and can be reached through the following contact channels: telephone, email, and an online contact form.
uBanker is owned by Green Pole Ltd, Law Partners House, Port Vila Vanuatu, authorized by the Vanuatu Financial Services Commission with license number: 14627.
uBanker Review Summary
Established in Cyprus, uBanker is a regulated multi-asset brokerage firm that has been operating since 2017. They provide traders with the PROfit trading platform, and their clients enjoy access to various competitive trading conditions. In addition, there are several learning resources, useful trading tools, and a customer support team to assist traders. The minimum deposit required to begin trading is $200. The VFSC regulates the broker.
It is worth mentioning that some of the trading products and services in this uBanker review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the uBanker broker website, which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.