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UKIEX Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-19 15:39

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 Information

　　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 and Cons

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

Is UKIEX Legit?

　　UKIEX is not regulated, making it less safe than regulated brokers.

What Can I Trade on UKIEX?

　　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	❌

Account Type

　　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

UKIEX Fees

　　The spread is from 0.5 pips, while the lower the spread, the faster the liquidity.

Leverage

　　The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.

Trading Platform

　　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

Deposit and Withdrawal

　　The minimum deposit is $200. Deposit and withdrawal methods that can be processed within 5 days, including MasterCard, VISA, bank transfer, etc.

Customer Support Options

　　Traders can contact UKIEX via phone, email, and online services.

Contact Options	Details
Phone	+44 1244 94 0838
Email	+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