Uag forex reviews

Uag forex reviews

01/06/ · Forex Brokers; UAG Trade Review (blogger.com Scam) Read our UAG Trade review to see why we do NOT recommend this broker for trading. Just to clear doubts, this is an blogger.com review. Who are they? After taking a look at their website, it shows that they do not fall under any regulating agency. That is a MAJOR RED FLAG!!1/5 25/04/ · UAG Trade Asia requires you to make a minimum deposit of just $10 to start a trading account with them. The industry average ranges between $ and $, so this is a plus. However, we also need to point out that there are many better established and 09/04/ · Don't open an account with UAG Trade Asia before reading this review! IG US: Trade EURUSD with pips average spread FOREX BROKERZ Forex Broker Reviews - Broker name: UAG Trade Asia

UAGTRADE Review - The Forex Geek

However, we also need to point out that there are many better established and well-reputed brokerages that also offer such low rates. This is also an iffy advantage. The broker claims to offer its clients the MetaTrader 4 platform. The challenge we have seen with this broker is that there is no downloadable version of this software, uag forex reviews.

And since we were unable to register for an account, we could not verify if this broker actually has a working web-based version of the platform.

Here are the reasons why we are not sure that it would be a good idea to trade with UAG Trade Asia:. UAG Trade Asia claims that uag forex reviews regulated by the Securities and Exchange Commission of Cambodia SECC. In Cambodia, where this broker claims it is regulated, the financial regulator can authorize companies as Derivatives Brokers.

Therefore, we have an online brokerage that provides its regulation details — but no address. This could very mean that we could be dealing with a clone firm that has taken the details of a legitimately regulated company and passed off the information as their own.

Another issue we need to point out about this broker being regulated in Cambodia is that the regulations and laws in this country are not very stringent. And this means that your funds would be at risk and you may not get the regulatory support you need in case it does turn out that you have been scammed. The company was created as a combined effort of financial professionals and experts in web-commerce with the goal of uag forex reviews the online experience for retail traders.

UAG Trade Asia claims to offer a demo account, however, when we tried to access it, it the live account registration page. So, we do not think that this broker actually offers any kind of a demo account. Now, when we tried to register for a live account, it turns out that we could. This is because there were a number of conditions we were unable to fulfil:. The spreads start at 2. Most brokers strongly regulated ones offer spreads that range from 0.

Furthermore, there is also a commission per lot, which means that the overall cost of trade will end up being rather high if you trade with this broker.

While Cambodia has not put restrictions on the leverage ratios that brokers can offer, a leverage of is dangerously high. While such a uag forex reviews gives the trader a possible chance at massive returns, it also is severely risky and you could end up in the red.

UAG Trade Asia is a bit of a conundrum. While it seems to have its licenses in place, we cannot be sure because none of the trade names are given properly. And there are other issues that we have found with this brokerage. Therefore, at this time, we would recommend that traders stay away from this broker until there is more evidence to show that UAG Trade Asia is a legitimate brokerage, uag forex reviews. UAG Trade Asia. Your email address will not be published. Save my name, uag forex reviews, email, and website in this browser uag forex reviews the next time I comment.

Skip to content. Best Forex Trader Platforms, uag forex reviews. com Founded: Regulations: Unknown — Possible Clone Languages: English, uag forex reviews. User Experience 3. Payment Options 2. Security 2, uag forex reviews. Support 2. Reputation 2. Pros Low Minimum Deposit Requirements MetaTrader 4 Platform Offered.

Cons Questionable Regulation Status Unable to Register for Demo or Live Account High Spreads Dangerously High Leverage Ratios. Should You Invest in Cryptocurrency in ? Betting on Florida Real Estate Could Be a Big Mistake — Business Insider. Leave a Reply Cancel reply Your email address will not be published.

ЧЕХОЛ UAG для IPhone 11

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09/04/ · Don't open an account with UAG Trade Asia before reading this review! IG US: Trade EURUSD with pips average spread FOREX BROKERZ Forex Broker Reviews - Broker name: UAG Trade Asia 01/06/ · Forex Brokers; UAG Trade Review (blogger.com Scam) Read our UAG Trade review to see why we do NOT recommend this broker for trading. Just to clear doubts, this is an blogger.com review. Who are they? After taking a look at their website, it shows that they do not fall under any regulating agency. That is a MAJOR RED FLAG!!1/5 10/11/ · UAGTRADE Review. With its headquarters in Dubai, United Arab Emirates, UAGTRADE is an online trading broker that provides both retail traders and fund managers with the MT4 platform and a proprietary trading platforms to enable them to get access to the global financial markets, such as forex, metals, energies, indices, and CFDs. The broker