UCI PTY LTD Investment Review: UCI Ltd is a forex broker that claims to have been founded in 2012. The review covers aspects of its licensing, its account types, its leverages, its withdrawal and deposit methods. Read through our review to see what we and other experts have to say about United Capital Invest limited.
Table of Contents
UCI limited Trading Platform
United Capital Invest Ltd looks hurried, poorly designed and is the last thing from being professional. After going through it, we discovered that this broker supports the MT4 trading platform. They use these platform to offer assets such as Forex CFDs, Indices, Stocks, and Precious metals
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United Capital claims to be an online investment company that has been in the industry for over 6 years have being founded in 2012. They claim they want to provide transparent and quality trading services around the world to cater different clients around the globe, professional traders to be at your service.
They give these snippets to drum interest in potential traders:
- CUSTOMER SERVICE
- EFFECTIVE INVESTMENT PLAN
- PROFESSIONAL SUPPORT AND GUIDANCE
UCI Account Type
In this portion of the review, we aim to explore the account types a broker might have. We check the account with its corresponding deposit and leverage. Doing this gives a clearer idea as to how a broker might work.
After thoroughly checking we discovered that this broker has four account types.
UCI-LIMITED Deposit and Withdrawal Methods
Deposit and withdrawals are the two most important transactions for us, because the end goal of trading is making a profit. In this section, we look at these methods to make sure everything is okay with it.
Uci-limited.com doesn’t seem to bother to provide adequate information about the payment options it supports. The do flaunt the Visa and MasterCard logo.
This broker claims not to have any withdrawal fees.
Another thing to keep in mind is that there might also be withdrawal conditions concerning accounts that take advantage of the bonus promotion. Some fraudulent brokers stipulate that a trader must achieve a certain trading volume in order to be eligible for withdrawal. This is purposefully done in order to stop traders from making a withdrawal.
Is UCI-Limited Licensed?
Licensing is another important part, because a regulated broker can be trusted to some extent not to do anything fraudulent. We do this part of the review by first checking the name of the company attached to the broker. Then we run that name through various regulatory bodies to discover if it is actually regulated.
United Capital Invest Ltd in their homepage claims that it is licensed by the regulatory body in Australia. A thorough search of the ASIC showed that not only has the ASIC not granted a license to UCI but has issued a warning against it for unsolicited calls or emails.
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Accounts
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Licensed in UK(FCA), Dubai(DFSA), St Vincent and the Grenadines, Cyprus(Cysec) and Cayman Islands
Accepts Traders Worldwide
Minimum Trade Deposit $100
Maximum Leverage
1:500
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Licensed in UK(FCA), Australia(ASIC), Belarus(NBRB) and Canada(IIROC)
Accepts Traders Worldwide
Minimum Trade Deposit $100
Maximum Leverage
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Licensed in Australia(ASIC) and Cyprus(Cysec)
Accepts Traders Worldwide
Minimum Trade Deposit $100
Maximum Leverage
1:500
Conclusion
We wouldn’t recommend using this forex brokerage, we are not impressed with the vague information they have provided.
In conclusion, we wouldn’t advise or recommend you to trade with UCI-Limited.com as they don’t give any information concerning if they are a regulated broker.
United Capital Invest Ltd is likely a platform run by scammers, trading with them would likely result in you losing your money. There is a tremendous risk on any transactions interested traders may conclude with the brokerage and we deeply recommend they look elsewhere for viable trading option.