United Broker Exposure: Withdrawal Issues and Unjust Fees Reported

Is your fund withdrawal request pending with the United broker for a long time? Has the UK-based forex broker still not resolved your withdrawal issues? Does the broker demand multiple fee payments every time you seek withdrawals? Is the United customer support team inept in handling your trading queries efficiently? You are not alone! Many traders have made their displeasure known on several broker review platforms such as WikiFX. In this United review article, we have investigated several complaints against the broker. Take a look!

Investigating the Top Forex Trading Complaints Against United

Additional Payment Demands When Raising United Fund Withdrawal Requests

As we move into the complaint section against United, we see numerous traders criticizing the additional payment demand made by the broker upon fund withdrawals. Traders, understandably, are frustrated and not agreeing to the demand. Even if someone agrees, the withdrawal still remains pending, causing more issues for the trader. The additional payment demands include taxes, margins, fines, etc. Here are multiple United reviews where traders witnessed numerous fund withdrawal hassles.

Withdrawal Blocked After Introductions, Invalid Forex Account & Unresponsive Support Team

This complaint talks about multiple traders being introduced through the broker‘s officials on the United trading platform. At first, a trader was informed that accessing fund withdrawals is not possible for a month. However, as per the United review shared by the trader, the withdrawal request was not processed even on the due date of the fund credit date. Later, the trader found the United forex trading account to be invalid. The trader’s repeated attempts to contact the account manager failed, too, leaving him with no choice but to share this negative United review. Check it out!

Examining the High Account Management Fee Demand Complaint

There is one more blame on United besides the illegitimate tax payment demand by its officials. Yes, you read it right! As per a trader, the officials charge a very high account management fee, breaching the trading norms and raising suspicion for the broker. Read out the complaint in this screenshot to understand it even better.

The Malicious United Response on Withdrawals

A trader reported a peculiar forex trading issue on WikiFX, the worlds leading forex regulation inquiry app. As per the complaint, the trader was told to deposit a hefty fee of 1.05 million yen for withdrawals worth 2.5 million yen. The fee amount, allegedly, accounts for approximately 42% of the withdrawal amount. The trader stated to have received messages concerning withdrawal applications of $10,000, $5,000, $5,000 and $5,000. However, the trader failed to receive any of these. Here is the United Review explaining this malicious response.

United Review by WikiFX: Regulation & Score Status

After examining the complaints, the WikiFX team conducted a full-scale investigation into the brokers regulation status. Upon investigation, the broker was found to be an unregulated entity. As a result, the team gave it a very poor score of 1.50 out of 10.

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