The Umarkets project provides its services in more than 87 countries worldwide and has experience in financial markets exceeding 10 years. The broker has numerous domain addresses through which it operates:
- umarkets.ac;
- umarkets.biz;
- umarkets.so;
- light-trading.umarkets.ac;
- umarkets.org;
- umarkets.com;
- light-trading.umarkets.id;
- umarkets.top;
- umarkets.is;
- umarkets.id;
- umarkets.net;
- trading.umarkets.net;
- umarkets.ai;
- umarkets.site;
- umarkets.cc;
- ww7.umarkets.com;
- umarkets.la;
- umarkets.co;
- umarkets.one;
- umarkets.info.
Among all the sites, the presentation umarkets.net stands out, with the broker's informational materials.
According to information on the official web resource, the registered legal address is located in Saint Vincent and the Grenadines. Despite claims of compliance with Russian legislation, including the law "On the Securities Market," there are no documents in open sources confirming the presence of a license.
The company offers an attractive promotion for beginners - a starting bonus of up to 30% to encourage them to start trading.
The trading intermediary "Umarkets" also assures that their trading conditions will satisfy even the most demanding clients.
Clients can contact support through an online chat available 24/5 from Monday to Friday, as well as through one of four phone numbers or via email listed on the official page.
Trading Conditions "Umarkets"
Umarkets offers several account options with different conditions:
- "Mini" Account - for traders with a deposit from 500 USD, trades from 0.1 lots, and can expect prompt order execution;
- "Standard" Account - with an initial deposit from 5,000 USD, allows working with stock indices and conducting trades with a minimum volume of 0.1 lots;
- "Silver" Account - with a deposit from 7,500 USD, trading with a minimum volume of 0.5 lots, using trading signals, developing personalized strategies, as well as using a direct phone line and participating in special promotions;
- "Gold" Account - for traders with a deposit from 10,000 USD, with the ability to make trades from 1 lot, as well as access to stock trading, working with a personal manager, and developing unique trading strategies;
- "Platinum" Account - for investors with a deposit from 35,000 USD, the possibility of trading with experts, personalized stock market reports, and trades from 1.5 lots.
Before depositing real funds, the broker provides an opportunity to test trading on a demo account, crediting it with virtual 10,000 USD. The demo account usage period is limited to 14 days. After this time, the trader must switch to a real account by choosing one of the options offered by the broker.
Umarkets encourages its users to attract new traders. For each referral, 15% of the deposit amount (from 500 to 10,000 dollars) is credited. If the referral's deposit exceeds 10,000 USD, the bonus is 1,500 dollars. Bonuses become available only after the referral completes the required number of trades.
The broker provides a 30% bonus on the amount of the first account replenishment. To withdraw bonuses, it is necessary to achieve a trading turnover that is 10,000 times the amount of bonuses received.
The intermediary "Umarkets" also offers a deposit insurance program for clients with a deposit amount from 500 to 5,000 USD. In case of deposit loss, the company compensates it with bonus funds, which also need to be worked off. To withdraw bonuses, it is required to achieve a trading volume that is 10,000 times the bonus amount.
Umarkets Trading Platform
Traders have two platforms to choose from for trading:
- MetaTrader 4 - a classic terminal equipped with all the necessary tools for trading;
- xCritical - a new platform for Russian users, including 170 tools, built-in technical advisor Autochartist, and online chat for contacting support.
Both platforms have multilingual mobile versions that provide full functionality, similar to desktop versions. This allows traders to trade from a tablet or smartphone by downloading the appropriate applications, links to which can be found in the "Mobile Platforms" section on the official website.
Depositing and Withdrawing Earnings from umarkets.net
Account replenishment can be done using various popular payment systems, including MasterCard, Visa, and the Mir payment system.
To withdraw funds, it is necessary to undergo a verification process, which includes uploading identity documents. The minimum withdrawal amount is 50 dollars. If the trader has made less than five independent trades, a 5% commission is charged.
The available withdrawal methods are standard: to a bank card, electronic wallet, or via bank transfer.
Conclusion about https://umarkets.net
The broker "Umarkets" raises concerns due to the lack of transparency in its activities. In particular, the absence of licenses and compliance checks with Russian legislation calls into question the legitimacy of the company, and the numerous domains and convoluted structure only add to the uncertainty. The offered trading conditions look enticing, however, marketing bonuses and deposit insurance programs hide high trading volume requirements for withdrawing funds, which can lead to financial difficulties for users. The deposit and withdrawal systems may include additional fees, which also raises doubts about the fairness of the conditions. Therefore, before starting cooperation with the trading agent, it is strongly recommended to carefully study reviews about Umarkets to minimize possible risks.
b0gdan!
Umarkets employs scoundrels, and the company itself is a scam! They ILLEGALLY, but so cleverly and secretly steal money from clients. Everything is built on deception, and they absolutely do not take any responsibility for their software. Do you understand? These crooks deliberately break the terminal so that you don't even notice how your money disappears. They were in the balance and then just disappeared as if they never existed. Moreover, they are not visible in any report. As soon as you start complaining, they try to convince you that it's all due to an unstable internet connection or something wrong with your device. And how can you prove that they deceived you? You can't! They know you won't be able to catch them red-handed.
Алексей
Terrible campaign by Umarkets!!!! They only work for the deposit and then shamelessly drain the money!!! Don't even deposit a ruble!!
Максим_Ковалев
I met a girl named Svetlana on a dating site, a sweet girl, everything seemed genuine. We talked for a long time, and she told me how her brother was making money in trading and how it's a super promising niche right now, like everyone is making money from it. Everything was beautifully promised and full of prospects, she convinced me that I could join their team of analysts, saying they would teach me everything and the money would start flowing. So, I decided to give it a try. I deposited some initial funds, not too much, thinking, alright, I'll give it a shot. But as soon as I joined, everything went contrary to the promises. Soon they started "trading" on my account, but all they did was lose my money. And it wasn't just 50 bucks, but a whole $1500! When I started asking questions, they began to string me along and demanded more investments, saying we needed to push harder or there would be no results. That's when I realized it was a complete scam. Once I understood that I had been conned, I immediately told them off and blocked them. It was pure deception from the start. These guys know how to skillfully manipulate people, first gaining trust and then simply extracting money. If you have even the slightest doubt, don't get involved, otherwise, your money will just disappear into thin air.