General Information And Regulations
UBanker Is A Trade Name Green Pole Ltd., An Online Financial Services Provider Registered In Vanuatu. It Was Established In 2017 And Currently Holds An Authorized Retail Foreign Exchange License In Vanuatu, Regulatory Number: 14627. In General, Offshore Regulators Are Not That Strict With Foreign Exchange Brokers, Investors Should Use This Platform With Warnings.
Market Instruments
The Tradable Financial Assets Offered By UBanker Include Foreign Exchange Currency Pairs, Commodities, Indices, Stocks And CFDs. While Some Popular Assets Such As Cryptocurrencies And Energy Are Missing.
UBanker Minimum Deposit
It Seems That There Is Only One Standard Account Set Up On The UBanker Platform With A Minimum Initial Deposit Of $200, Which Is Slightly Higher Than The Industry Standard. Furthermore, Providing Only One Trading Account Does Not Meet The Trading Needs And Experience Of Different Traders.
UBanker Leverage
In Terms Of Trading Leverage, The Maximum Leverage Level Is 1:200 For Forex Pairs, 1:200 For Commodities, 1:100 For Index CFDs, And 1:10 For Cryptocurrency And Stock CFDs.
Spreads And Commissions
The EUR/USD Spread Offered By UBanker Standard Account Is 3 Pips, Which Is Much Higher Than The Industry Standard (between 1.1 And 1.5 Pips). High Spreads Mean Higher Transaction Costs.
Trading Platform
UBanker Offers Traders Two Internal Trading Platforms, Mobile Profit And Web Profit, Instead Of The Popular Mt4/mt5 Trading Platform.
Deposit And Withdrawal
UBanker Allows Traders To Deposit And Withdraw Funds From Their Investment Accounts Via Telegraphic Transfer, Visa, Mastercard, Neteller, Skrill, Swift, Paysafecard, Eftpay, Ecopayz Payment Methods.
Customer Support
UBanker Provides Detailed Contact Details For Its Traders, Including Phone, Email, And Live Chat Support. Traders Can Also Find Some Relevant Information On Their Twitter Account.
