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Abstract:UKIEX is a broker. The tradable instruments with a maximum leverage of 1:500 include shares, currency, metals, indices, commodities, and futures. The broker also provides 2 major account types with demo accounts. The minimum spread is from 0.5 pips and the minimum deposit is $200. UKIEX is still risky due to its unregulated status and inaccessible office website.
UKIEX Review Summary | |
Founded | 2019-07-23 |
Registered Country/Region | United Kingdom |
Regulation | Unregulated |
Market Instruments | Shares/Currency/Metals/Indices/Commodities/Futures. |
Demo Account | ✅ |
Leverage | Up to 1:500 |
Spread | From 0.5 pips |
Trading Platform | MT5(Mobile)/UKIEX(Web) |
Min Deposit | $200 |
Customer Support | Phone: +44 1244 94 0838 |
Email: +44 1244 94 0838 | |
Online Service: support@ukiexcom |
UKIEX is a broker. The tradable instruments with a maximum leverage of 1:500 include shares, currency, metals, indices, commodities, and futures. The broker also provides 2 major account types with demo accounts. The minimum spread is from 0.5 pips and the minimum deposit is $200. UKIEX is still risky due to its unregulated status and inaccessible office website.
Pros | Cons |
Mt5 available | Unregulated |
Leverage up to 1:500 | Inaccessible office website |
Spread as low as 0.5 pips | Negative comments about withdrawal difficulty |
Demo account available | |
Various trading instruments |
UKIEX is not regulated, making it less safe than regulated brokers.
Traders can choose different investment directions because the broker provides shares, currency, metals, indices, commodities, and futures.
Tradable Instruments | Supported |
Shares | ✔ |
Commodities | ✔ |
Currency | ✔ |
Indices | ✔ |
Metals | ✔ |
Futures | ✔ |
ETFs | ❌ |
Bonds | ❌ |
Mutual Funds | ❌ |
UKIEX provides Pro and Standard accounts with demo accounts. Traders with a small budget can choose a Standard account.
Account Type | Pro | Standard |
Maximum Leverage | 1:500 | 1:500 |
Minimum Deposit | $20000 | $1000 |
Minimum Spread | 0.5 pips | - |
Supported EA | Yes | Yes |
The spread is from 0.5 pips, while the lower the spread, the faster the liquidity.
The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.
UKIEX provides a web version of the proprietary trading platform and supports the MT5 available in mobile version. MT5 not only provides various trading strategies but also implements EA systems.
Trading Platform | Supported | Available Devices |
MT5 | ✔ | Mobile |
UKIEX | ✔ | Web |
The minimum deposit is $200. Deposit and withdrawal methods that can be processed within 5 days, including MasterCard, VISA, bank transfer, etc.
Traders can contact UKIEX via phone, email, and online services.
Contact Options | Details |
Phone | +44 1244 94 0838 |
+44 1244 94 0838 | |
Online Service | support@ukiexcom |
Supported Language | French/Spanish/English |
Website Language | French/Spanish/English |
Physical Address | 63 Bridge Street, Kington. Herefordshire HR5 3Bj |
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.