Umarkets Review


Umarkets is a market leader in financial industry. It is branded under Maxi Services (Belize) Ltd. which was established in 2014 and is a licensed, rapidly growing brokerage house that enables retail and institutional investors including banks, hedge funds, high-frequency traders and brokerage companies to trade indices, commodities, stocks and Forex.

Maxi Services Ltd. has enjoyed huge success in the European markets and has now started to focus on Latin American and Asian markets, especially Russia. It is the only online broker that is a member of lucrative Russian Banks Association and a member of Russian Regional Banks Association.

Umarkets is regulated by the IFSC.


There is one standard trading account at Umarkets. There doesn’t seem to be any required amount to open an account but there is a 200:1 leverage on any deposit amount made.

I was pleased to see that a demo account is offered for beginners who wish to practice their trades before putting any of their own money at risk.

Swap accounts are also available for traders that follow Sharia laws and are prohibited from taking interest on trades held overnight.

Trading hours for currencies are 24 hours a day, 5 days a week, from Sunday at 22:15 GMT when Asian markets open until Friday at 21:45 GMT, when U.S. markets close.


The Umarkets website maximizes technological advances in graphics and design. Both newbie traders and those with years of experience behind them can benefit from the information provided page after pages by just scrolling down without having to click on any tab. This is an easy way to navigate a site and is useful when using a mobile device to access the trading platform. 

Umarkets Features

Umarkets offers traders access to indices, commodities, and Forex. What I really liked about the Umarkets site was that in addition to the main features of each asset, the product was listed on a separate page with appropriate charts for trading hours and break times, expiration rates, contract specifications and currency rates.

Umarkets Currency Rates

Indices traded are all the major ones from USA and EU. Trades are made with very tight spreads. Commodities include Crude and Brent Oils, Natural Gas, Gold, Silver and Copper and trading signals on these commodities are sent straight to the trader from the broker’s trading room. Trading hours for indices vary according to the location of the index and that’s why the availability of a separate chart for the trading hours of each instrument is so beneficial to the trader.

When it comes to Forex trading, traders are offered access to the best trading specialists and the most advanced trading tools. Other features include low spreads, leverage from 1:100 to 1:400, no commissions and swap-free accounts.

Umarkets uses the services of Trading Central which is a leading investment research provider to financial market professionals. Trading Central provides technical analysis and the use of their award-winning indicators.

One of the features provided by Trading Central is the Autochartist program that informs traders of upcoming movements in the markets and keeps them alert and on target with their trades.


Umarkets offers a 30% welcome bonus on all new deposits. This campaign is time limited and according to the site the offer expires on July 31st, 2015.

Anyone opening a demo account for the allotted time of two weeks receives a special promotion. Losses they incur are not considered real but any income received as a result of trading is credited to the trader’s real account as a bonus.

The Refer-a-Friend promo is generous. Once a trader has opened an account and made a deposit, he/she receives a bonus of 15% (to $1,500 dollars) on the amount of the deposit. No mention is made of any special award for the friend brought in. The number of friends a trader can invite is not limited.

A unique service is offered to all clients in the form of deposit insurance on news trading. The insurance pertains to deposits from $500 to $5000 dollars and is applied to all transactions opened on the day of news from 00:01 GMT to 00:00 GMT. Clients must first confirm their participation in the program and the insurance is credited in the amount of total loss, calculated in accordance with the results of all trades, opened on the day of news but not exceeding 100% of the sum assured.


Funding to accounts can be done by credit cards, Visa and Master Card as well as by bank transfers and payment online systems such as Neteller, CashU and others.

Withdrawals are made using the same methods as the deposits.

Customer Support

Traders can contact customer support 24/7 using various different means. Questions or suggestions can be made via phone, Skype, email, chat or by filling out an online form. The Umarkets website is available only in English, Spanish and Arabic.

As mentioned above, trading hours vary according to the type of asset traded and the location of the traded instrument.


Umarkets has created an intuitive interface which is easy to work with when trading currencies, commodities, indices and stocks.  After having success in the European markets, it is only natural for Umarkets to turn now to Asia which is one of its home bases.

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While it is clear that the more features a broker offers, the more attractive the company will be. But often it isn’t the quantity of features provided that helps a trader select one broker over the other. Sometimes it is just one specific feature that does the trick. Umarkets has two great features that make it stand out from the pack. The first is the website’s graphics and design and the other is its use of tables and graphs that provide traders with simplicity and clarity.

Company Information

  • Broker's Name : Umarkets
  • Headquarter : Belize
  • Regulation : IFSC

Account Information

  • Type of Broker : ECN/STP
  • U.S. Clients Allowed :
  • Minimum Deposit : None
  • Maximum Leverage : 1:200
  • Commissions / Spreads : Spreads
  • Account 1 : Standard
  • Demo Account :
  • Islamic Account :
  • Segregated Account :
  • Managed Accounts :
  • Institutional Accounts :
  • Deposit Options :
  • Withdrawal Options :

Instruments Traded

  • ETFs :
  • CFDs :
  • Commodities :
  • Metals :
  • Stocks :
  • Oil :
  • Gold :
  • Binary Options :
  • Indices :

Trading Platforms

  • Type of Platform : MetaTrader 4, Web-based
    • Platform Languages :
      • English
      • Arabic
      • Other
    • OS Compatibility :
      • Mac
      • Web
      • iPhone
      • iPad
  • Trading Signals :
  • Charting Package :
  • Market Analysis :
  • Chart Trading :
  • Automated Trading :
  • Scalping :
  • Hedging :
  • Mobile Alerts :
  • E-mail Alerts :
  • Trailing Stops :
  • Guaranteed Stop Loss :
  • Guaranteed Limit Orders :
  • Guaranteed Execution :
  • One-click Execution :
  • OCO Orders :
  • Interest on Margin :
  • Web-based Trading :
  • Mobile Trading :

Customer Support

    • Website Languages :
      • English
      • Spanish
      • Arabic
  • Support Hours : 24/7
  • E-mail Support :
  • SMS Support :
  • Chat :

Pros and Cons

  • Regulated
  • Demo and Islamic Accounts
  • Selection of Bonuses
  • Little Educational Material
  • Only One Standard Account

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Umarkets web platform is easy to navigate and user-friendly. Execution is within milliseconds and the design offers a powerful interface that is compatible with any browser. The platform offers single-click trading, a wide range of trading tools and full online reporting for each transaction. Traders have access to Autochartist and can set their own customized settings.  No downloading is needed for this platform and it is available for tablets and other mobile devices.

MetaTrader 4

The MetaTrader 4 platform is popular among both beginners and experienced traders. It offers a wide range of functional capabilities, up-to-date technology, a wide range of functional capabilities and the intuitive user interface that enables the user not only to trade but also to perform the necessary technical and the fundamental analysis of the market.

Umarkets MetaTrader 4 Platform
Umarkets MetaTrader 4 Platform

The MT4 platform also provides graphs of various time periods with the built-in printer interface, multiple technical indicators and instruments and the possibility of indicator and automatic trading personalization.


MetaTrader 4 offers a fully functional mobile terminal. The Umarkets platform for mobile devices opens access to a wide range of trade instruments and trade account management on portable devices.

Mobile trading offers access to real-time quotes, graph based market analysis, live trading and more.

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User Reviews

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6 User Reviews

I like the umarkets broker because you can trade currency pairs both with floating and fixed spreads. Even though the floating spreads can be lower than the fixed ones, I prefer the latter. You can immediately calculate the profitability of the deal even if you trade on the important news, without speculating about possible extensions. Umarkets is a good broker. It withdraws money without any problems. I started there with the mini account, and now I switched to the standard one (min. 5000$) and I want to reach the platinum account with the minimum of 35000$.


Umarkets, with which I trade, doesn't cause me any trouble. The only weak link in the trading proces is me. If I didn't hurry, I wouldn't risk that much, and my profit would be much higher. It's a reliable broker with good conditions for trading. Besides the traditional assets there are many cryptocurrencies. You get a 1:5 leverage for crypto. And for some assets it reaches 1:400. The money's withdrawn fast (of course if you have something to withdraw).


The broker has a convenient web platform MT4, and a mobile application is also available. What I particularly like is the presence of six main trade assistants: informers and graphics for market analysis; tool specification; economic news; training center, economic calendar; articles and lessons. I trade mostly currency pairs and crypts, weighing the risks. There are interesting bonuses: an insurance bonus for trading on news and real profit for trading on a demo account.

Anton Zykov

The broker specializes in cryptocurrency. This is even seen in the number of crypts in relation to other assets. But now it’s just the second big wave of cryptocurrency boom, which gathers everyone to join in making money. Now the crypt profitability on Umarkets is about 4% per day. And this is not a chapel. Where there’s crypt, there is money.


I invest for a long period in the shares of American companies. There’re dividends, but not everywhere. Now the market is in the phase when shares are at the bottom. After a couple of years, everything will increase by at least 50% and then I will sell everything)))


Low spreads and guaranteed payouts. These are 2 most important trump cards of the broker. Here you can easily trade pips because of the quick closing of transactions. Spreads are low, too, and give you the opportunity to earn good money when you're catching an asset at 5-10 points.

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