Sergey5 
1-2 years
Is UbitMarkets safe and legit?
Broker Issues
Regulation
2025-05-19
United States
WikiFX
Reply
From what I know, UbitMarkets is unregulated, which lowers its trustworthiness in my opinion. While they offer some beneficial features like segregated accounts for fund protection, I would still be cautious, as there are no regulatory bodies overseeing their operations.
Similar Questions
What are the pros and cons of Scope Markets?
PitBull 
2025-06-12
What drawbacks have I noticed with SEVEN STAR FX?
qirhost 
2025-06-10
What are the pros of using Sucden Financial?
Karoline Hardy 
2025-05-23
Have you encountered any drawbacks with DBFS's customer service or issues with the stability of their platform?
Tom Nalichowski 
2025-08-25
Have you encountered any drawbacks with Vita Markets in terms of their customer support or the reliability of their platform?
JV1s24K_g0ld 
2025-07-16