Abstract:Registered in Saint Vincent and the Grenadines, Ultra Pip FX is an online forex broker offering clients series of trading instruments, such as Forex, Stocks & Indices through the advanced MT4 trading platform. Investors may choose from four different trading accounts on the Ultra Pip FX platform, and there is help accessible around the clock if you ever run into any issues.
Since Ultra Pip FXs official website (https://www.ultrapipfx.com/ )is now down, we had to resort to scouring other websites for relevant information in order to construct a rough picture of the company's forex broker operations.
General Information
Registered in Saint Vincent and the Grenadines, Ultra Pip FX is an online forex broker offering clients series of trading instruments, such as Forex, Stocks & Indices through the advanced MT4 trading platform. Investors may choose from four different trading accounts on the Ultra Pip FX platform, and there is help accessible around the clock if you ever run into any issues.
Is Ultra Pip FX safe to trade with?
As far as we can tell, Ultra Pip FX is not governed by any regulatory authorities, thus that bit of data is settled. As a result, its regulatory status on WikiFX is classified as “No License” and it only manages a score of 1.47 out of 10 overall.
Please be aware of the high risk associated with trading with an offshore, unregulated forex broker.
Negative Reviews
WikiFX published a trader's bad evaluation of Ultra Pip FX's withdrawal availability, claiming the trader entered the erroneous Network address while attempting a withdrawal, and therefore is now stuck with his funds. Visit WikiFX to see more feedback left by actual customers.
Market Instruments
More than 150 trading instruments. Currencies and cryptocurrencies, metals and oil, world indices and stocks.
Account Types
Trading accounts are what ultimately decide spreads on the Ultra Pip FX platform. The ECN provides the rawest spreads of the five accounts, and the other four accounts provide spreads that are about in the middle of the pack.
Spreads
Trading accounts are what ultimately establish spreads. The ECN provides raw spreads, and the other four accounts' spreads appear to be about the same as one another.
Trading Platform
Ultra Pip FX offers its clients the access to popular MT5 trading platform, which include the robust charting package, the ability to use automated trading bots (Expert Advisors), and the flexibility of the interface.
Customer Support
Traders can reach out to Ultra Pip FX about any questions or concerns they may have about their accounts or their trading through the following methods:
Telephone: +44 7451 2429220
Email: support@ultrapipsfx.com
Online Communication
Risk Warning
There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. You can use the leverage to your benefit or to your detriment. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.
The information presented in this article is intended solely for reference purposes.
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