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United World Capital — Forex Broker

Advantages

  • MetaTrader and Currenex trading platforms.
  • Variety of deposit/withdrawal options.
  • Swap-free accounts are available.

Disadvantages:

  • U.S. citizens aren't allowed to open an account.

  See United World Capital reviews

5.5/10 (111 votes)
Company United World Capital Ltd.
On-line since 2008
Country Cyprus
Payment options PayPal, WebMoney, Moneybookers, credit cards, Netteller, AlertPay and wire transfer
Minimum account size $5
Minimum position size 0.01 lot
Leverage 1:500
Categories
Spread Variable — 1-4 pips on EUR/USD
Regulation

Regulated by CySEC (Cyprus Securities and Exchange Commission) under the license number 093/08. Registered with FSA of UK under number 504862.

Click here to open an account with United World Capital

Reviews 

14 reviews of United World Capital are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.

 Gregory from Poland. Trading account #1XXXX9
Friday, February 10, 2012

This is the first broker that I am really happy with. The customer support is always ready to help you. Credit policy works great for me , I’ve received bonus , trade it, and later cash it too. Just read the credit policy so you know how it works .

  Frank from Germany.
Friday, November 4, 2011

I am very satisfied with this broker, international support, german as well, fast transaction, no requots, i dont now what people dont understand with the credit policy, there are clearly to understand.

For me it s the best choice to choose this broker and i dont know if you here about they give you interest rates on you account, thats amazing, have fun wih tading bye bye Frank

  Makinde Olalekan from Nigeria.
Saturday, April 9, 2011

Dear fellow traders, UWC is not a scam broker! Believe me they gave me no deposit bonus of $100 and i've used d $ to make money. And i withdrew my profit. When i got to trade on d 4th of april, they have cancelled my remaining credit bal of $75.so if i didnt Withdraw my profit they would have cancelled my profit as well. When i asked them, they said their bonus policy says i must make a deposit within a month of given bonus.so if you deposit your real money with them, i don't think all this policy stuff will happen.if you don't believe me mail me @Makforex@yahoo.com i'll give u my acct details to confirm what i said.

  Ovidiu Racorean from Romania.
Thursday, April 7, 2011

SCAM broker . They took may money out of my account. I woke up one morning and try to make some trades but my account was empty. They had stolen my money ( can you believe this ? I couldn't believe my eyes when I saw my account empty...zero ).

I strongly advice the fellow traders to avoid this company if they want to have money in the poket. They won't let you to withdraw any profits.

  Sten from USA.
Tuesday, April 5, 2011

The gun broker fraud amended bonus polityka how he just throws it. It gives you something that does not mean you like it does not take a month. We then left nothing.

  Makinde Olalekan from Nigeria.
Friday, March 25, 2011

This broker is fantastic! They gave me $100 no deposit bonus and for the first time that i\'ve been using different forex brokers, i have only 2 or 3 requote out of over 60trades which is reasonably.and i\'ve been making profit. I even made a withdrawal today which took just 4hrs.so i recommend this broker to everybody.

  hillbilly from Florida.
Friday, March 25, 2011

Middle of February, without ANY warning whatsoever, they gave the boot to all American residents. Tried to log in one morning, and was locked out of my acct. Live chat was pointless, like something out of an Abbott and Costello Who's on First routine...

They blamed the abrupt and warningless forced exile on Cysec. However, i have other brokers regulated by Cysec who're still quite able to take US clients...

The one bright spot was one of their office girls, Krassi. She worked diligently to get my funds returned.

Overall, i have to seriously question the attempt at anything even approaching customer service on the part of the decisionmakers at this firm. Not many would stay in business long with that kind of outlook toward customers.

  Rasif from Bangladesh.
Wednesday, March 9, 2011

I'm using this broker since 3 month now and I found no problem working with them. Their security level is so high and I like this. Moreover I didn't faced any requote problem here. So, Definitely I will recommend this broker to everyone.

  Toni from Indonesia.
Wednesday, February 9, 2011

Be careful with this broker!! VERY BAD CUSTOMER SERVICE. ONCE YOU PUT MONEY IT WILL BE DIFFICULT TO TAKE MUCH

  johny from bangladesh.
Saturday, November 6, 2010

well,i traded forex with 6 different broker and uwc is one of the best.

based on the review above ;

1. if you want a swap free account,you must submit the application for swap free account before you start trade. its so simple

2. while you attach your withdrawl purse ie;moneybookers,you will given a message at support center where it is clearly stated about regulation of client types and charges. as much i know,below $5000,you will treated as a retail client and no charges(must keep certain amount of money in account)are imposed. Thinking this broker as a scam is a misunderstanding,nothing else.

o yes,i like to say also,i experienced requote for only a few time in my total experience of 8 months with this broker which can be ignorable i think. otherwise,everything is going in order and im making huge profit.

thanks

  Traxx from USA.
Friday, September 17, 2010

This broker KILLS you in "swap fees" so be careful!!

  Besk from China.
Wednesday, July 21, 2010

Thanks a lot. I will logout from them. It's very luck for me, I didn't deposit any to them.

  blaire from US.
Monday, April 19, 2010

This broker did not accept paypal payment and withdrawal.

  Telmo from Portugal.
Tuesday, December 8, 2009

--------------------------------------------------------------------------------

Dear Traders,

This is my experience with United World Capital. Even they are regulated and tell they tell that accept all Scalping EAS, and Scalping and NDD this is not true at all.

Last month i have opened an account with them, everything was good, i was making very good money, just for notice i begin with 250 USD and in about 3 weeks i have my account with more then 5.000 USD. Then the problems begin :

Huge delays in orders, like 1 minute to order open, and off course requotes, resuming nothing less then 20 seconds and average was way above. I call support desk and first they told me that some problems on server, then no problem at all, neither in servers neither in my account, what happened : SIMPLE - THEY WERE DELAYING MY ORDERS because i was making too much money.

I then make a withdrawal request and close account, the withdrawal was made from my account, i have the daily report telling me that withdrawal was made. I contact day after to ask if the withdrawal is ok, which they told me that withdrawal was processed and took 3 to 5 days to arrive in my bank account. Well a 5 days passed, no money in my bank account and i received a email :

Our managers have carefully checked the information concerning a withdrawal operation xxxx from your trading account xxxx xxxxxx EUR. We are sorry to inform that we will not be able to process it, and the funds have been returned to your trading account, because of the following reason(s):

By chapter 5.12 of the client agreement - this chapter is :

The trading strategies based on use of any mistakes in

prices and/or entering into transactions at nonmarket

or out of date prices (generally known by the

name of “sniping”) are not acceptable for the

Company.

What a outrageous excuse after one month of trading for not giving my hard gain money back.

Well they completely don´t know what they are talking about - all my trades were by mistakes of prices or out of date prices, what a lucky trader i am, and what a company they are to not see this everyday and only see this when i ask to withdrawal my money - everyday i was receiving the reports and at the end of reports this appears :

Please report to us within 24 hours if this statement is incorrect. Otherwise this statements will be considered to be confirmed by you.

So this i a completely SCAM - i want alert all of you traders that don´t put your money in this broker, i have proof details of all this and i will take this to all instances, they are regulated and i will contact authorities regarding this, to receive my money back, because this is unnaceptable at all, and they don´t know what they are doing or saying.

Visit United World Capital website. 

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