Score

1.27 /10
Danger

Ubuntu Markets

South Africa

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index5.15

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Ubuntu We Sizwe 247 (Pty) Ltd

Company Abbreviation

Ubuntu Markets

Platform registered country and region

South Africa

Company website

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Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2025-10-08
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Ubuntu Markets · Company summary
Ubuntu MarketsReview Summary
Founded2021-09-29
Registered Country/RegionSouth Africa
RegulationUnregulated
Market InstrumentsForex, Commodities, Stocks, and Indices
Demo Account/
Trading PlatformMT5 (PC、Android、iPhone, Web)
Min Deposit5,000 USD
Customer Support+27(0)10 970 3080
WhatsApp: +27(0)62 088 4870
info@ubuntumarkets.com
support@ubuntumarkets.com
Facebook, Instagram

Ubuntu Markets Information

Ubuntu Markets is an online trading brokerage that offers various account types ranging from Ubuntu Lite to Ubuntu Black, meeting the needs of customers from beginners to elites. It covers a rich range of trading tools such as foreign exchange, stocks, indices, etc., and supports the MT5 trading platform. However, its services are restricted in Europe and the United States, the trading risk is high, and the minimum deposit for the Ubuntu Black account reaches one million US dollars. The platform has both trading advantages and limitations. This article will comprehensively analyze its services, risks, and the suitable customer groups to help you determine whether it is suitable for you to conduct trading on this platform.

Pros and Cons

Pros Cons
Diverse account typesUnregulated
Various trading instrumentsHigh trading risk
MT5 availableMinimum deposit of 1,000,000 US dollars (Ubuntu Black account)
Europe and the United States restricted

Is Ubuntu Markets Legit?

Ubuntu Markets claims to be an online trading brokerage operated by Ubuntu We Size Two Four Seven (Pty) Ltd and holds the FSP 52532 license issued by the FCSA (Financial Sector Conduct Authority). However, there is no clear evidence indicating that it is under supervision.

Is Ubuntu Markets Legit?
Is Ubuntu Markets Legit?

What Can I Trade on Ubuntu Markets?

On Ubuntu Markets, investors can trade various financial products, covering foreign exchange, stocks, indices, and commodities.

Tradable Instruments Supported
Forex
Commodities
Stocks
Indices

Account Type

Ubuntu Markets offers Ubuntu Lite, Ubuntu Prime, Ubuntu Premium, and Ubuntu Black accounts for investors ranging from beginners to professionals.

Account Type Ubuntu LiteUbuntu PrimeUbuntu PremiumUbuntu Black
Suitable forBeginnersProfessional/part-time investorsProfessional investorsElite customers (individuals/enterprises)
Minimum deposit5,000 USD25,000 USD100,000 USD1,000,000 USD

Trading Platform

The platform offers various trading platforms, including MetaTrader 5, Web Trader, and mobile trading applications (supporting Android and iPhone). MetaTrader 5 is a professional trading platform. Web Trader enables investors to directly conduct transactions on the web page without the need to install additional software. The mobile trading application allows investors to carry out trading operations anytime and anywhere.

Copy Trading

Ubuntu Markets provides the copy trading function, which is very friendly to novice investors.

News

ExposureWikiFX Overview on Ubuntu Markets

Ubuntu Markets, registered under the name Ubuntu We Sizwe 247 (Pty) Ltd, is a South African broker that has garnered attention for all the wrong reasons.

WikiFX
2024-08-22 18:35
WikiFX Overview on Ubuntu Markets

User Reviews

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User comment

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smithbrean
6-12months
I'm a novice trader and I've chosen the Ubuntu Lite account of Ubuntu Markets. The platform offers free trading education courses, but there is no explanation of the spread and leverage information.
I'm a novice trader and I've chosen the Ubuntu Lite account of Ubuntu Markets. The platform offers free trading education courses, but there is no explanation of the spread and leverage information.
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2025-06-09 13:52
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Stevens
6-12months
As an investor with years of trading experience, I use the Ubuntu Premium account of Ubuntu Markets for trading. The trading execution speed of the platform is extremely fast.
As an investor with years of trading experience, I use the Ubuntu Premium account of Ubuntu Markets for trading. The trading execution speed of the platform is extremely fast.
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2025-06-09 13:51
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