Umarkets
Total reviews 62
1 complaint
3.4
The broker offers knowingly unfavorable trading conditions, provides no guarantees and is not responsible for losses.
Forex broker
Official website
Social network
Date of foundation
1970
Head Office
Suite 305, Griffith Center, PO Box 1510 Beachmont, Kingstown, St. Vincent and Grenadines
Company owner
Market Solutions Limited
Types of support
[email protected]umarkets.comChatFeedback form on the site
Phone Support
Languages
Russian, English, Spanish, German
Terminals
MetaTrader 4, XCritical
Min. first deposit
From 500 USD
Brokerage commission
Yes
Lot size
From 0.1
Leverage
Until 1:200
Spreads
From 1.6 points
Free demo account
Adjustable
Yes
Regulators
FSA24310 IBC 2017
Types of accounts
Transaction volume
0,1
Order execution
Market Execution (at market price)
Methods of replenishment
Orangepay, Skrill, Wallet One, Wire transfer, Cryptocurrencies, Bank card (Visa/MC/MIR)
Withdrawal methods
Orangepay, Skrill, Wallet One, Wire transfer, Cryptocurrencies, Bank card (Visa/MC/MIR)
Number of assets
200+
Types of assets
Currency pairs
Cryptocurrency
Indexes
Stocks
Products
Account Currencies
USD
Mobile apps
There are mobile apps (iOS / Android)
Weekend trading
No
Tournaments/competitions
No
Trader training
Webinars, reference materials, articles, glossary, educational center, blog
Contract Difference Commission
No
Swaps
No
PAMM trading
No
Analytics
Economic calendar, forecasts, news, technical analysis
Margin trading
Yes
Affiliate Program
RegistrationVarious options for cooperation
Advantages
Many analytical and training materials
Investment Proposals
Affiliate Program
Disadvantages
High threshold for entry
The trading conditions are not too detailed
No license
Unfavorable conditions of the bonus program
Lack of guarantees and responsibility of the broker
Company requisites
Date of update
April 27, 2023
Overall assessment
0/10
    Address
    Suite 305, Griffith Center, PO Box 1510 Beachmont, Kingstown, St. Vincent and Grenadines

    Umarkets is this a scam? Review and Reviews

    Published: 3 December 2019 Updated: 27 April 2023


    Despite the fact that Umarkets has existed since 2008. Before that, it worked only with European and Middle Eastern markets. The owner of the brand is Market Solutions Limited, also known for crypto-platforms TradeAllCrypto and Maxitrade. Registered in St. Vincent and the Grenadines, the company for some reason publishes a Cypriot head office number.

    Is there anything else that the service provider hides other than its location? Is Umarkets a scam or a safe way to make money on assets? Let’s study everything carefully and draw conclusions.

     

    Terms of trading with Umarkets

    Umarkets offers 4 types of dollar accounts for forex trading:

    • “Mini.” – with a starting deposit of $500, a transaction volume of $10,000 and a modest set of options (online chat only).
    • “Standard.” – With a minimum deposit of $5000, a deal size of $10,000 and access to the full functionality of the platform, including the Autochartist technical analysis service.
    • “Gold.” – with a deposit of $10 000, the volume of transactions from $50 000 and advanced features (in addition to those voiced, offered SMS-signals (get the signals), VIP manager support, telephone consultations on a dedicated line and additional promotions).
    • “Platinum.” – with a deposit of $35,000, the volume of transactions of $150,000 and the ability to receive personalized reports, as well as to trade in conjunction with the company’s specialists, in addition to what the first 3 types provide.

    There is also one cent account with a minimum entry requirement of $50 (it is not listed in the table, but is mentioned in the description to it). Scalping in Umarkets is allowed, but as the provider states, the most suitable for this kind of strategy are Gold and Platinum accounts. The leverage is quite high – 1 to 200, which in combination with large deposits creates a risk not only for beginners but also for professional traders. Manual transaction execution time, as prescribed in the user agreement, is on average 3 minutes. You can use a free demo account, which is available for 14 calendar days after registration, as a training tool. Trading is carried out not on real assets, but its efficiency is many times higher than when investing real currency, because the company’s goal is to attract customers, their investment in the platform.

    There are many analytical and educational materials: economic calendar, currency rates forecasts, calculators (margin, risk, stop order level, position size, point value, pivot levels, etc.), glossary, education center (a collection of reference materials combined into categories), articles, webinars, blog and news (Forex Trading Training). You can contact the support team by phone, email, Skype, feedback form, online chat on the website umarkets.com and Umarkets communities in social networks.

     

    Platform umarkets.com

    Umarkets works with two platforms:

    • MetaTrader 4 (MT4). Popular, though somewhat outdated, terminal with rich functionality (30+ trading tools, 3 types of charts with interactive options, support for all types of assets, sound and PUSH notifications, online chat, additional plugins/settings, etc.). Available in downloadable formats for PC and mobile platforms.
    • xCritical. Development Quant ROI Ltd. with 170+ trading tools, the ability to create your own investment portfolio, risk manager, built-in technical advisor, online chat, etc. Presented in a web version for online trading without installing it on your personal device.

    Client funds are placed in dedicated (segregated) accounts, separate from the company’s assets. Security of transactions is ensured by firewalls and SSL certificates. Payments are processed according to the international PCI Directive 1. Market Solutions Limited trading servers are located in specialized data centers of SSAE level 16.

    Umarkets broker quotes

    At Umarkets you have access to about 70 currency pairs – from the most common (AUD/CAD, AUD/USD, EUR/USD, GBP/CAD, etc.) to the less common (EUR/ZAR, USD/CNH). The execution model – ECN. However, liquidity providers are not named by the broker, so it is not possible to check the accuracy of quotes. Among the reviews of users on serious sites there are mentions that the values of the charts of the same timeframe were different. This is an indirect sign that the provider may well be adjusting the data provided to the client.

     

    Demo Yumarkets account

    As it was already mentioned, beginners of exchange trading and just wishing to assess the risks are given access to a free demo account Umarkets, in which within 14 days from the date of activation you can use the virtual assets (“doughnuts”) without making a real deposit. However, registration is required to access the demo account. Subsequently, you will be able to connect a trading account to the already created account by adding a balance.

     

    Mobile application

    For trading from mobile devices Umarkets provides the application xCritical Mobile. Its features are the same as in the PC version:

    • Online quotes for currencies, stocks, commodities, indices.
    • Autochartist Technical Analysis.
    • One-Click Transactions.
    • Switching between accounts.
    • History and Analytics.

    The functionality is available to owners of devices running iOS 10.3 or later (see the list of supported models on the software page) and Android 5.0 or later.

     

    Bonuses at Umarkets

    In addition to the demo account, the Umarkets bonus program includes cashback, account insurance, referral program and investments. Cashback of 30% is credited on the first deposit. It is rounded up, if you deposited the minimum $500, you will receive $150 as a gift. At the same time, in order to save the balance (so that the bonus is not “burned”), you must meet the trading conditions based on the formula:

    • For bonus amounts up to $10,000 = deposit/bonus percentage/100.
    • For bonus amount from $10,000 to $30,000 = deposit/bonus percentage/200.
    • For a bonus amount greater than $30,000 = deposit/bonus percentage/300.

    Even withdrawal will not be available if you have not “closed” the minimum volume of transactions. Which is quite tricky when you calculate how much you would need to earn. Insurance applies to deposits between $500 and $5,000. You get 100% of the amount on your balance, which will compensate for losses if you lose. However, even if you are successful later on, you will not be able to receive a payout until you have earned 10,000 times your allotted amount. Frankly speaking, the conditions look simply bondage.

    The investment program is essentially providing your assets to work with the Umarkets banking algorithm (the same trading robot). You choose the amount of investment, fund a special account and wait for the results.

    “Recommend us to a friend” involves rewards in the amount of 15-22% from the turnover of users who have come to the platform through your unique (referral) link. It is provided in a personal cabinet and is placed on the site, social network page, blog or chat.

     

    Deposit and withdrawal

    To deposit and withdraw funds on Umarkets are used:

    They are available/unavailable depending on the client’s location and country of registration. Taxes and commissions (for transfers, currency conversion, etc.) are not compensated by the company – you pay them yourself.

    Important pointIn order to have access to operations on the account (deposit, withdrawal, orders), you must undergo verification and upload scans of two documents proving your identity (passport, driver’s license, passport), one document proving your residential address (for example, utility or Internet bills) and your bank card. This is done through your personal account (section “Documents”). Minimum withdrawal amount is 50 USD. You must make at least 5 independent trades in order to be able to request a withdrawal without commission from the broker. This is stated in the user agreement.

     

    Complaints about Yumarkets

    There are a lot of negative reviews on the network about the broker’s work. The visitors of the official forums and feedback threads tell about how the broker cheated them: “drained” all the funds and froze access or simply refused to withdraw / ignored the request.

    If there are any reviews about Umarkets broker, we will definitely publish the information in social networks. Sign up so you won’t miss anything!

    Please keep yourself informed about news and complaints. We copy the most valuable information to social networks, so please sign up!

    Umarkets broker regulator

    On the broker’s website umarkets.com says that its owner, Market Solutions Limited, is regulated by St. Vincent and the Grenadines and has a certificate of compliance number 24310 IBC 2017 dated 10/18/2017. A screenshot of the document is even provided. However, this regulator is not trusted by market participants, as it does not provide information about companies and legal support to users. In fact, any claims you will solve inside the company, based on the terms of the user agreement (Terms and Conditions).

    Important point: at the legal address of the organization – Suite 305, Griffith Center, PO Box 1510 Beachmont, Kingstown, St. Vincent and Grenadines – several other brokers are registered, managed by other legal entities in general. These are, for example, STForex (STForex Ltd.), Alpari (Alpari Ltd.), Siriusfn (Siriusfn Ltd.) and GlobalTradeInvesting (CORPINVEST Ltd.).

    User agreement umarkets.com

    The User Agreement defines the rights and obligations of the broker and his clients to each other. That’s why we strongly advise you to read the document before you start trading. In this review we are going to analyze just a few provisions of the policy, so that you get at least a general idea about it. For example, the operator has the right to block your account (temporarily or permanently) at any time – “for any reason and at his own discretion” – and therefore all the funds in it.

    Among the reasons voiced for this kind of action are your breach of contract, refusal to provide supporting information, loss of guarantees, death, incapacity, liquidation of the legal entity (if you were registered as such). And yet, the wording “at one’s own discretion” practically erases these boundaries.

    Only one account is created per user. The following wording of the agreement is interesting: “you have no right to harass the company, its employees, contractors or other agents in any way. How should this be understood? Are, say, phone calls or emails harassment? It’s not entirely clear. In addition, the provider explicitly writes that its exchange rates may not match market rates. How to trade using its platforms is unclear.

    Losses and damages resulting from the use of any Umarkets resources are not compensated. You perform all actions at your own risk.

     

    Is Umarkets a scam?

    Umarkets offers at least unfavorable trading conditions:

    • High deposits with high leverage encourage the user to quickly “drain” their balance;
    • The bonus program requires participants to huge wagering (you need to increase your balance by 100, 200, 300 times to be able to withdraw earnings received during the action);
    • Transactions are executed within 3 minutes, and rates (it is spelled out even in the user agreement) may not match the real ones.

    In this case, the broker has no obligations, and you also have no right to “bother” him (whatever that means). The regulator of the service provider is not considered reliable. And the clients themselves on the official forums say that they have not been able to solve the issue with the payment of their earnings. In general, everything demonstrates the fact that Umarkets is a scam. We do not recommend to use the services of this operator.

    Instead of risking your money and cooperating with an unreliable (and non-client-oriented) broker, we recommend exploring the possibilities of those market companies that will offer you a real opportunity to earn, will not shift all responsibility for trading, platform operation, withdrawal, etc. on your shoulders, will always help on your issue. And of course, such brokers have existed on the market for a long time, have positive reviews from traders, have an excellent reputation and are the undisputed leaders. For example, they are Alpari (go online), FinmaxFX (go online), Just2Trade (go online), etc.

     

    Conclusion

    Umarkets is not presented in the best possible light:

    • Unbeneficial terms and conditions of the bonus program.
    • Lack of guarantees and commitments.
    • Numerous stories of cheating customers.
    • Incentivize traders to deposit as much money as possible.

    All of the above are classic characteristics of scammers. Be careful and don’t believe the beautiful wording on the site umarkets.combecause you can’t get your money back.

    Trading instruments and assets
    72%
    Withdrawal speed
    67%
    Brokerage commission
    70%
    Technical support
    67%
    3.4

    Reviews

      Umarkets reviews

      62
      Add review
      • In ascending order of rating
      • In descending order of rating
      • New ones first
      • First the old ones
      • Popular ones first
    • 1
      Rate your review 0
      0
      0
      Trading instruments and assets
      20%
      Withdrawal speed
      20%
      Brokerage commission
      20%
      Technical support
      20%
      complaint

      I can’t withdraw money from my account. In order to withdraw I am forced to deposit more money. Allegedly pay tax and get your money. In spite of that I had enough money left in my account. They have a well-tested scam scheme. They let me make money, then offer to go to the big the number of transactions… Read more

      Minuses
      • incompetent specialists
    • 1
      Rate your review 0
      0
      0
      Trading instruments and assets
      20%
      Withdrawal speed
      20%
      Brokerage commission
      20%
      Technical support
      20%
      I started working with this broker at...

      I started working with this broker at the beginning of June 2021 opened a deposit, at first everything was fine polite managers, good trading, but then they were close transactions in my absence and if I complained then I was returned to the deposit of written off funds I was alarmed but all persisted… Read more

      • Danil Aleksandr Dubinenko 12 October 2021 in 11:05
        Rate your response 0
        0

        Good day! You need to use our rating of reliable forex brokers – https://eto-razvod.ru/forex-brokers/https://eto-razvod.ru/forex-brokers/

    • 1
      Rate your review 0
      0
      0
      Trading instruments and assets
      20%
      Withdrawal speed
      20%
      Brokerage commission
      20%
      Technical support
      20%
      Attention!!!! The administration of this site does...

      Attention!!!! The administration of this site does not advise to contact with this broker!!! We came to the conclusion that all written below reviews – custom!!!

      The rating of the reliable forex brokers here – https://eto-razvod.ru/forex-brokers/

    • 2.8
      Rate your review 0
      -2
      0
      Trading instruments and assets
      60%
      Withdrawal speed
      40%
      Brokerage commission
      60%
      Technical support
      60%
      The money was withdrawn once. There is...

      The money was withdrawn once. There is nothing else to withdraw so far. The broker with some problems, the administration has a little bit thickened the colors, but the fact that there are difficulties with the withdrawal is present, I agree. They take a long time to withdraw and with evident reluctance… Read more

    • 1
      Rate your review 0
      0
      Trading instruments and assets
      20%
      Withdrawal speed
      20%
      Brokerage commission
      20%
      Technical support
      20%
      Disgusting office. Nasty crooks...

      Disgusting office. Nasty crooks

    • 1
      Rate your review 0
      0
      Trading instruments and assets
      20%
      Withdrawal speed
      20%
      Brokerage commission
      20%
      Technical support
      20%
      Attention!!!! The administration of this site does...

      Attention!!!! The administration of this site does not advise to contact with this broker!!! We came to the conclusion that all written below reviews – custom!!!

      The rating of reliable forex brokers here – https://eto-razvod.ru/forex-brokers/

    • 3.5
      Rate your review 0
      0
      Trading instruments and assets
      60%
      Withdrawal speed
      60%
      Brokerage commission
      100%
      Technical support
      60%
      A time-tested average broker. In the past...

      A time-tested average broker. In the past there was a big problem with the staff. Incompetent managers, who tried to pass themselves off as super-analysts and, at the same time, to trick them into replenishing the money was frankly annoying. It’s better now. The conclusions were earlier I was in the… Read more

    • 3.8
      Rate your review 0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      80%
      Brokerage commission
      80%
      Technical support
      60%
    • 3.5
      Rate your review 0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      60%
      Brokerage commission
      80%
      Technical support
      60%
      It is not the most convenient broker...

      It is not the most convenient broker in terms of conditions, rules, and strict adherence to its own regulations. But the rules are there and all the profit is deducted from the transaction for non-compliance with them. Nevertheless, the broker offers an opportunity to earn. I do not know why it happens… Read more

    • 3.8
      Rate your review 0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      80%
      Brokerage commission
      100%
      Technical support
      40%
      I honestly do not understand why such...

      I honestly do not understand why such a generally good and very promising company has such a protracted withdrawal procedure? I mean, the process could be simpler and faster. This is not 2000 when such problems were the norm for all brokers. Automating everything except processing and fast withdrawal… Read more

    • 3.8
      Rate your review 0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      60%
      Brokerage commission
      80%
      Technical support
      80%
      I registered with yumarkets, as they say

      I registered with yumarkets, as they say, at my own risk. I was afraid of some tricks. But so far nothing bad has happened. I trade profitably. I have been withdrawing funds from time to time. I will not praise the broker, as there are some disadvantages. Sometimes the terminal hangs. To tell the truth… Read more

    • 3.8
      Rate your review 0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      60%
      Brokerage commission
      80%
      Technical support
      80%
      I don't think this broker stands out...

      I don’t think this broker stands out very much among other companies. It is average by all basic criteria. If you have a desire to earn in the market, you can open an account there. But I want to warn about the need to carefully read the regulations, so that there was no trouble later, as it happened… Read more

    • 3.5
      Rate your review 0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      80%
      Brokerage commission
      80%
      Technical support
      40%
      All the software works fine, the website...

      All the software works fine, the website is not bad, and the managers are quite pleasant to talk to. I am pleased with the quality of the terminal and the speed of execution. I was very disappointed with the withdrawal.

    • 2.8
      Rate your review 0
      0
      Trading instruments and assets
      60%
      Withdrawal speed
      40%
      Brokerage commission
      60%
      Technical support
      60%
      An ordinary small broker with no pronounced...

      An ordinary small broker with no pronounced pluses and minuses. A mediocre one, so to speak. It trades rather qualitatively, it takes a long time to withdraw and with stress. The training material is for the nub, but at the same time, the nub should not trade there. The demo is only for a month, there… Read more

    • 3
      Rate your review 0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      40%
      Brokerage commission
      60%
      Technical support
      60%
      I really like the work of the...

      I really like the work of the terminal and completely unacceptable conditions and withdrawal process. I was foolish to take bonuses, now there is no way to withdraw until I work it off or else there will be a big loss. In principle, the bonus is more than half worked off, and the deposit has grown. I… Read more

    • 4
      Rate your review 0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      80%
      Brokerage commission
      80%
      Technical support
      80%
      Last year I got interested in this...

      Last year I got interested in this broker. I decided to read the reviews on the Internet. And they were so different that they even whetted my interest in this broker. I registered and opened a trading account. I will tell you right away that according to the results of trading over the past months I… Read more

    • 3.8
      Rate your review 0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      60%
      Brokerage commission
      80%
      Technical support
      80%
      If I evaluate this broker as a...

      If I evaluate this broker as a whole, I don’t see any big problems. Yes, they withdraw slowly, but they withdraw… The managers are tiring, but you don’t have to listen to them. You will never find a broker which is perfect in every respect. I am telling you for sure. And then why look for it. Jumarkets… Read more

    • 3.8
      Rate your review 0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      80%
      Brokerage commission
      80%
      Technical support
      60%
      I got the withdrawal. In general, the...

      I got the withdrawal. In general, the right people here write that it takes a long time to withdraw without enthusiasm. They have such an idiotic approach. But the company perfectly allows to trade and earn. The main thing is that they withdraw.

    • 3.3
      Rate your review 0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      60%
      Brokerage commission
      80%
      Technical support
      40%
      I'll write down what I don't like

      I’ll write down what I don’t like. Withdrawal is an eternal problem. They take a long time, it is not quick and easy to make a withdrawal and confirm it. In addition, the quality of their services is very high and they do not do anything to solve this problem. In addition, the quality of services is… Read more

    • 3.8
      Rate your review 0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      60%
      Brokerage commission
      80%
      Technical support
      80%
      I'm sitting here thinking... Where does all...

      I’m sitting here thinking… Where does all the negativity about youmarkets come from? I wonder. The broker, of course, as they say, is not without sin. But I do not see any fraud. I have been dealing with Jumarkets for about two years now. The platform is normal, the money is slow, but withdrawn. What’s… Read more

    • 3.5
      Rate your review 0
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      60%
      Brokerage commission
      80%
      Technical support
      40%
      Oh, leave it. It's too bad not...

      Oh, leave it. It’s too bad not to make money. Elena, that’s how your money will come back to you if it is clearly seen that you are trying to pay for charterback? Yumarkets is not a good company. At a level with good software and managers they just have terrible service and difficulties with withdrawal… Read more

    • 2.8
      Rate your review 1
      +1
      0
      Trading instruments and assets
      60%
      Withdrawal speed
      100%
      Brokerage commission
      40%
      Technical support
      20%
      The money is in deficit, there's fraud...

      The money is in deficit, there’s fraud everywhere! It’s a shame to make money like that. My money will come back to me, but it won’t do them any good. Good thing I have a lawyer I know, otherwise I don’t know what to do. Their deceit is just humiliating. Who needs help, I can give advice

    • 4
      Rate your review 0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      60%
      Brokerage commission
      80%
      Technical support
      100%
      Well, I have no particular reason to...

      Well, I have no particular reason to be harshly critical of yumarkets. And I have been trading for three years. So to speak, there was more than enough time to check the broker’s work. Trading is quite comfortable. I think that if I wanted to trade with a broker, I would have to do some research. To… Read more

    • 3.5
      Rate your review 0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      60%
      Brokerage commission
      80%
      Technical support
      60%
      I tried to trade with them. The...

      I tried to trade with them. The conditions did not fit my TS. So it’s not about the broker. I only traded for a couple of months, I don’t know if that’s enough time. For someone, but it was enough for me to form an opinion. No questions about the service and the software in general. The quality is quite… Read more

    • 3.8
      Rate your review 0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      60%
      Brokerage commission
      80%
      Technical support
      80%
      The service is quite normal. The quality...

      The service is quite normal. The quality of service, too. What I can’t say about the staff. Where do they get them… They can annoy you with phone calls, but to answer a question about the trade – a problem. Oh, that’s okay. I can live with that. In general, I earn in yumarkets not bad. I withdraw money… Read more

    • 3.8
      Rate your review 0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      80%
      Brokerage commission
      80%
      Technical support
      60%
      I have not decided to go there...

      I have not decided to go there myself yet. I am trading with two brokers and I am polishing a new TS which I plan to use here. I’ve been trading here for two years now. I have already told him all the drawbacks and pitfalls. I have been trading here for two years and he told me all the drawbacks and… Read more

    • 3.8
      Rate your review 0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      60%
      Brokerage commission
      80%
      Technical support
      80%
      The service is generally normal. Everything you...

      The service is generally normal. Everything you need for trading (platform, analytics, signals) is there, and not bad quality. But I am not entirely satisfied with the staff. Maybe I was just unlucky with the manager. I am not really happy with the manager, I am very unhappy with the way I am communicating… Read more

    • 3.5
      Rate your review 0
      0
      Trading instruments and assets
      60%
      Withdrawal speed
      60%
      Brokerage commission
      100%
      Technical support
      60%
      They don't like to withdraw. Managers under...

      They don’t like to withdraw. Managers under any pretext try to dissuade them from the decision to withdraw the profit. If they do not succeed, they accept the request. The withdrawal itself is also long, the money goes up to a week. These are the main problems at the broker. There are other little things… Read more

    • 3.8
      Rate your review 0
      0
      0
      Trading instruments and assets
      60%
      Withdrawal speed
      60%
      Brokerage commission
      80%
      Technical support
      100%
      In terms of conditions - average, in...

      In terms of conditions – average, in terms of entry threshold, well, for a novice trader, of course, a lot. Giving 500 greenbacks just to start trading is too much. There are no complaints about the work of the terminal, everything is fast and clear. Withdrawal is a separate topic that will add gray… Read more

    • 4.5
      Rate your review 0
      0
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      80%
      Brokerage commission
      100%
      Technical support
      80%
      A broker with its own small problems

      A broker with its own small problems. But they are not important enough for me to become a reason to leave him for another company. I opened an account with Yumarkets a little over two years ago. At first I was stressed by the fact that the money ordered for withdrawal had to wait for more than a week… Read more

    • 4
      Rate your review 0
      0
      0
      Trading instruments and assets
      60%
      Withdrawal speed
      100%
      Brokerage commission
      60%
      Technical support
      100%
      They do not return the money under...

      They do not return the money under various pretexts, a total crap and not a broker.

    • 4.8
      Rate your review 0
      0
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      100%
      Brokerage commission
      100%
      Technical support
      80%
      I don't have much to complain about

      I don’t have much to complain about. I trade slowly at Yumarkets. I withdraw profit. I do not like only the broker’s policy in working with clients. Managers are very annoying with their advice and suggestions. And I do not need them. I use the mobile version of the terminal. It works perfectly. It is… Read more

    • 1.8
      Rate your review 0
      0
      0
      Trading instruments and assets
      40%
      Withdrawal speed
      40%
      Brokerage commission
      20%
      Technical support
      40%
      The article is not entirely objective. Yes

      The article is not entirely objective. Yes, some things are described in it correctly, and I, as a trader who trades at Yumarkets, can confirm this. In some places the author has too thickened the colors, everything is not so bad, and money is withdrawn if there are no violations. I have not been cheated… Read more

    • 4.3
      Rate your review 0
      0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      80%
      Brokerage commission
      100%
      Technical support
      80%
      Of the disadvantages of yumarkets mentioned in...

      Of the disadvantages of yumarkets mentioned in the article, I will agree with only one. The conditions of the bonus program are really very complicated. I managed to fulfill them with great difficulty. After all, I am a trader with considerable experience. Otherwise, I have no big claims to the broker… Read more

    • 4.5
      Rate your review 0
      0
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      100%
      Brokerage commission
      100%
      Technical support
      60%
      The only thing that really stresses me...

      The only thing that really stresses me out is that managers regularly call and under any sauce try to adjust the deposit. By and large I have already asked them several times not to bother, but it doesn’t help. I can’t say anything else bad. Well, there is still a problem with waiting for withdrawal… Read more

    • 3.5
      Rate your review 0
      0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      60%
      Brokerage commission
      80%
      Technical support
      60%
      I apologize, but it's funny to read...

      I apologize, but it’s funny to read some of the reviews. The manager said this, the manager said that…. So I did this and then that.)))) Have you tried trading yourself? That’s exactly what I do. I don’t need anyone’s tips. I opened an account at Yumarkets a year ago. During this time I made good money… Read more

    • 4.5
      Rate your review 0
      0
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      80%
      Brokerage commission
      80%
      Technical support
      100%
      The manager telling you to open trades...

      The manager telling you to open trades is not a good thing at all. My manager tried to do the same at first. But when I asked him to show me his account with a description of trades on open monitoring, I was no longer bothered by questions about recommendations. So, they send me signals from time to… Read more

    • 2
      Rate your review 0
      0
      0
      Trading instruments and assets
      60%
      Withdrawal speed
      20%
      Brokerage commission
      40%
      Technical support
      40%
      Hello! A couple of months ago I...

      Hello! A couple of months ago I read reviews about Umarkets then I didn’t even think I would write personally. I also had a standard story with them. They called and offered a $500 deposit. They promised training and to double the deposit in two weeks. When I made the deposit with me. was contacted by… Read more

      • Viktoriya -6 16 October 2020 in 08:35
        Rate your response 0
        0

        Sergey, good afternoon. How did you recover the money through a lawyer? Thank you

    • 1.5
      Rate your review 0
      0
      0
      Trading instruments and assets
      40%
      Withdrawal speed
      20%
      Brokerage commission
      40%
      Technical support
      20%
      Hello! A couple of months ago I...

      Hello! A couple of months ago I read reviews about Umarkets then I didn’t even think I would write personally. I also had a standard story with them. They called and offered to deposit $500. They promised training and to double the deposit in two weeks. When I made the deposit with me. was contacted… Read more

    • 4.8
      Rate your review 0
      0
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      100%
      Brokerage commission
      80%
      Technical support
      100%
      As far as I'm concerned, it's a...

      As far as I’m concerned, it’s a normal broker on the whole. Well, there are some little things that need to be corrected, of course. But they do not affect my trading in any way. The main feature of Yumarkets is the excellent work of the terminal. This, by the way, is noted by many people. My previous… Read more

    • 4.8
      Rate your review 0
      0
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      80%
      Brokerage commission
      100%
      Technical support
      100%
      Broker's a bit of an amateur. It...

      Broker’s a bit of an amateur. It will not be simple and easy here. Well, except for the trading process itself. Their terminal is good, as well as its work. But it will be difficult to fight off managers while money is being deposited. By the way, then the reverse process starts, managers fight you off… Read more

    • 4.5
      Rate your review 0
      0
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      100%
      Brokerage commission
      80%
      Technical support
      80%
      The broker pleases with the quality of...

      The broker pleases with the quality of execution and good service. Analysts do not work for nothing and do not eat their bread for nothing. I once checked their signals. I counted each signal out of principle. Out of 100 signals 68 closed in profit. I consider this a good indicator. They would be quicker… Read more

    • 4.5
      Rate your review 0
      0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      80%
      Brokerage commission
      100%
      Technical support
      100%
      I can't say anything bad about yumarkets

      I can’t say anything bad about yumarkets. I am even surprised by very negative reviews. A full set of everything you need for normal trading is. And whether you will be able to earn or not – it depends solely on the skill of the trader. Many times I have read good reviews of the trading platform at humarkets… Read more

    • 4.3
      Rate your review 0
      0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      100%
      Brokerage commission
      80%
      Technical support
      80%
      I did not find anything super outstanding...

      I did not find anything super outstanding in this broker. But it is not important. I needed a good terminal with no requotes, fast execution of trades and the opportunity to trade intraday with a large number of trades on many pairs. Why them? Because the work of the terminal is one of the best and the… Read more

    • 4.8
      Rate your review 0
      0
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      100%
      Brokerage commission
      100%
      Technical support
      80%
      I can't say anything bad about Yumarkets

      I can’t say anything bad about Yumarkets. I have been working on creating a trading strategy for several months. Testing on a demo account in yumarkets was more than successful. I decided to try trading for real money. And for almost a year I have been regularly withdrawing profits. No obstacles for… Read more

    • 4.3
      Rate your review 0
      0
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      80%
      Brokerage commission
      80%
      Technical support
      80%
      I will say a few words about...

      I will say a few words about this broker. I treat it neutrally, i.e. without raves and attacks. In principle, it provides everything you need to of normal trading. I have long ago accustomed myself not to react to trifles. At Yumarkets, I would include high spreads and excessive activity of managers… Read more

    • 4.5
      Rate your review 0
      0
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      80%
      Brokerage commission
      80%
      Technical support
      100%
      The company is normal from the word...

      The company is normal from the word “normal” it does not mean that they are good or bad. The list of services they provide is generally fulfilled. There are disadvantages with regard to the work of the managerial staff, as well as faults in the work of the financial department. I did not find any other… Read more

    • 3.8
      Rate your review 0
      0
      0
      Trading instruments and assets
      60%
      Withdrawal speed
      100%
      Brokerage commission
      80%
      Technical support
      60%
      I was a little nervous the first...

      I was a little nervous the first couple months. I couldn’t understand the bonus action and the withdrawal seemed to me too long. But then I figured it out and calmed down and I’ve been trading at Youmarkets ever since. And this is almost three years. I would like to note that the work of this broker’s… Read more

    • 3.5
      Rate your review 0
      0
      0
      Trading instruments and assets
      60%
      Withdrawal speed
      100%
      Brokerage commission
      60%
      Technical support
      60%
      I have no serious grounds for negativity...

      I have no serious grounds for negativity towards Yumarkets. I have been trading with this broker for two and a half years. There have been different situations, but all of them are solved in a working order. I trade mainly oil and gold. The terminal does not hang, spreads suit me. But I am not satisfied… Read more

    • 4
      Rate your review 0
      0
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      60%
      Brokerage commission
      60%
      Technical support
      100%
      I'm trying to make a deposit with...

      I’m trying to make a deposit with them. So far it seems to be working. Trading goes without problems, there are a lot of instruments, I trade a little more aggressively than I should. Managers gave me a couple of interesting ideas. I am almost satisfied with the company. I have withdrawn money once so… Read more

    • 4
      Rate your review 0
      0
      0
      Trading instruments and assets
      60%
      Withdrawal speed
      100%
      Brokerage commission
      60%
      Technical support
      100%
      "Umarkets" Guys this is a scam !

      “Umarkets” Guys this is a scam ! don’t invest in this bottomless bottom ! I got burned ! I deposited 500 bucks and fuck off (((((( The reason is that it’s my own fault for making some trades ! I didn’t listen to him and I got into trouble and he talked me out of it, it’s a complete kitchen ! fake charts… Read more

      • Umarkets Railʹ 3 August 2020 in 10:33
        Rate your response 0
        0

        Good afternoon.
        In order for us to understand, please provide your e-mail address, which was used for registration.
        Sincerely, Umarkets

    • 4.8
      Rate your review 0
      0
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      100%
      Brokerage commission
      100%
      Technical support
      80%
      If you don't pay attention to some...

      If you don’t pay attention to some little things, the broker is quite decent. I like the platform without glitches. And its different variants work well. Of course, the withdrawal is not as fast as the input, but the main thing is that the system works. I made an application and in a week the money arrives… Read more

    • 4
      Rate your review 0
      0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      80%
      Brokerage commission
      60%
      Technical support
      100%
      Average level of work. Some things I...

      Average level of work. Some things I like and some things I don’t. But it is possible to trade. If we talk about positive points, then it is undeniably trading platforms and adequate support. It is possible to resolve issues. Therefore, I recommend not to panic if something goes wrong, but to use the… Read more

    • 1.8
      Rate your review 0
      0
      0
      Trading instruments and assets
      20%
      Withdrawal speed
      40%
      Brokerage commission
      40%
      Technical support
      40%
      They work competently. The terminal is excellent...

      They work competently. The terminal is excellent and the support is good. There are times when managers are a little overreacting with the desire to offer bonuses, promotions or to replenish, it’s their job, I treat it philosophically. Sometimes they give very profitable signals, but not all and not… Read more

    • 4.5
      Rate your review 0
      0
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      100%
      Brokerage commission
      80%
      Technical support
      80%
      I am a trader with a long...

      I am a trader with a long experience. I have been trading forex for 15 years. I always have trading accounts with 2-3 brokers. Experience allows me to give quite an objective assessment of umarkets. Dear fellow traders, I can assure you that this is not the worst broker even with the disadvantages it… Read more

    • 4.5
      Rate your review 0
      0
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      100%
      Brokerage commission
      100%
      Technical support
      60%
      They don't have the most lenient rules

      They don’t have the most lenient rules. Under my comment, the admin wrote about a complaint. I confirm such a case. To withdraw a deposit it is necessary to make deals. Five, I think. Just like if you take insurance or a deposit bonus, you have to trade it off. Managers mention it, if they do, or in… Read more

      • Lisica Vlad 15 September 2020 in 11:47
        Rate your response 0
        0

        Where are these rules written? What contract are we talking about?

    • 1.3
      Rate your review 0
      0
      0
      Trading instruments and assets
      20%
      Withdrawal speed
      20%
      Brokerage commission
      20%
      Technical support
      40%
      Dear Ludmila Angelovskaia and other participants of...

      Dear Ludmila Angelovskaia and other participants of mega scams for money refunds. You are the ones who are scammers. Well, at least write real amounts, that some broker screwed you out of 1,000 bucks. Two bucks. But not 43,000! You’re advertising yourself! No sane person a trader will not deposit such… Read more

    • 3.3
      Rate your review 0
      0
      0
      Trading instruments and assets
      60%
      Withdrawal speed
      60%
      Brokerage commission
      60%
      Technical support
      80%
      I have been familiar with this broker...

      I have been familiar with this broker for a long time and I still trade. I can say that everything is not bad. I like that there is a choice of trading platforms. Good analytics. As far as I am concerned, it is one of the best. There are plenty of tools for trading. But I cannot praise the managers… Read more

    • 3.3
      Rate your review 0
      -1
      0
      Trading instruments and assets
      60%
      Withdrawal speed
      60%
      Brokerage commission
      80%
      Technical support
      60%
      I opened an account with x90 for...

      I opened an account with x90 for 300$ at the beginning of 2018. The guy who kept calling me and urging me – said it would be enough, so I did I fell for it. After replenishment I was transferred to another tider analyst who worked and prompted me. We were making money for a while when the account increased… Read more

      • Ekaterina Lyudmila Angelovskaya 18 April 2020 in 12:08
        Rate your response 0
        0

        I’ll sign under every word. Scheme of divorce at them the same. Lie, promise mountains, gold, call, trade, then drain and ask for more. Bitches! NEVER CONTACT THEM! I AM READY TO CONFIRM EVERY WORD! (unlike those assholes who praise them in the reviews) They are scammers! All conversations and correspondence I kept and maybe that’s why I got my money back, the lawyer helped. All good reviews they write about themselves.

      • Igory Viktorovič B. Yekaterina 24 April 2020 in 11:11
        Rate your response 0
        0

        Hello, Catherine! Can you share the details of the lawyer who helped you get your money back. Thank you in advance.

      • Ekaterina Igorʹ Viktorovich B. 25 April 2020 in 12:33
        Rate your response 0
        0

        Hello! Email me at [email protected]. I will give you his contacts.

      • Umarkets Yekaterina 17 June 2020 in 14:38
        Rate your response 0
        0

        Hello
        Our Company performs withdrawal of funds to clients in full compliance with the terms and conditions of the User Agreement. Text of this Agreement is publicly available on the website.
        The fact that clients have engaged third-party law firms to assist in the withdrawal of The withdrawal process regulated by the User Agreement is not affected in any way.
        Moreover, we would like to draw your attention to that the Internet has seen an increase in cases of fraudulent actions on the part of such alleged law firms, which, under the guise of providing services on In fact, they deceive clients without providing any services. We recommend you to refrain from using such services.
        If you would like to leave a comment about Umarkets work, please contact the support service.
        Sincerely, Umarkets

      • Umarkets Lyudmila Angelovskaya 8 May 2020 in 09:18
        Rate your response 0
        0

        Hello, Ludmila
        Our company has nothing to do with the above mentioned company X90. Please move your feedback to the appropriate section.
        I hope we were able to help you in your question.
        Regards, Umarkets.

    • 3.3
      Rate your review 0
      0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      60%
      Brokerage commission
      60%
      Technical support
      60%
      I am surprised by the negativity towards...

      I am surprised by the negativity towards Yumarkets. I have quite a positive experience of trading with this broker and already quite a lot. I opened an account with him in 2018. During this time I have withdrawn the earned profit many times. Execution of orders is at the top. A lot of complaints about… Read more

    • 2
      Rate your review 0
      0
      0
      Trading instruments and assets
      40%
      Withdrawal speed
      40%
      Brokerage commission
      20%
      Technical support
      60%
      I have complicated relations with them. I...

      I have complicated relations with them. I don’t want to leave, because the quotes are excellent and the terminal is glitch-free. And analytics is not bad. But the managers they’re killing me. A call from umarkets is already associated with a gypsy scam. I have already asked several times for managers… Read more

    • 4.3
      Rate your review 0
      0
      0
      Trading instruments and assets
      60%
      Withdrawal speed
      100%
      Brokerage commission
      80%
      Technical support
      100%
      I can't say anything bad about Yumarkets

      I can’t say anything bad about Yumarkets. I have been trading with him for almost 3 and a half years. It is clear that all traders are always concerned about withdrawal of money. There are no problems with it. My request is processed within a few days. I like the mobile version of the trading terminal… Read more

    The company in the ratings
    Stock brokers
    CompanyPlace
    Finam
    1/21
    Exante
    3/21
    Cryptocurrency exchanges
    CompanyPlace
    ByBit
    1/334
    Beribit
    2/334
    Rating of reliable brokers
    CompanyPlace
    Quotex
    3/42
    Activity
    1complaint
    • New1
    • Resolved0
    • Not resolved1
    New companies on the site
    Site Map