Union MK -Some Important Details about This Broker

General Information

Registered in Malaysia, Union MK is a forex broker providing access to a massive financial market, Forex, Crypto, Indexes, Stocks, Energies. With the Union MK platform, investors can get access to two trading accounts: Classic and Platinum. Union MK is not subject to any regulation, please be aware of the risk.

Market Instruments

With the Union MK platform, six classes of trading instruments including forex, crypto, indexes, stocks, energy and commodities.

Account Types

Union MK offers two live accounts, Classic and Platinum accounts, with the minimum deposit for each account not disclosed. Aside from the live account, demo accounts are also available, allowing clients to gain a feel of this platform and practice their trading skills.

How to open an account with Union MK？

Opening an account with Union MK is an easy and simple process:

1. Click the “Open Live Account” link, and fill up some required details on the popping-up page.

2. Upload your personal data for this company to verify your details.

3. Choose the preferable payment methods, fund your account and start to trade with this forex broker.

Leverage

When it comes to leverage, Union MK allows its clients to use leverage of up to 1:1000, higher than the levels regarded appropriate by many regulators, with the maximum leverage for major forex up to 1:30 in Europe and Australia, and 1:50 in Canada and U.S.

Since leverage can magnify gains as well as losses, it can also cause serious fund losses, especially to inexperienced traders. Therefore, it is wise for beginners to choose the smaller size no more than 1:10 until they gain more trading experience.

Trading Platform

Union MK provides access to the industry-leading MT5 trading platform, which can be accessed on any device, Windows, Desktop, IOS, and Android. The MT5 trading platform allows one-click operations for opening and closing trades, setting stops and entry limits, placing direct orders, setting and editing limit and stop loss, as well as charting.

Payment Methods

The minimum deposit to invest with Union MK is not disclosed, and this broker allows its clients to make a deposit and withdrawal through BTC, ETH, USDT, BNB.

Customer Support

Clients with any inquiries or trading-related issues can reach Union MK through the following contact channels:

Email: support@unionmks.com

Registered Company Address: Office 8, PBC 2, Unit F7, 1st Floor,

Paragon Labuan, Jalan Tun Mustapha,

87000, F.T. Labuan, Malaysia

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.