Global Broker Regulation Inquiry App
WikiFX
Sergey5 
1-2 years
Is UbitMarkets safe and legit?
Broker Issues
Regulation
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
Does Olymp Trade have any cons?
Razzie87
03-11
Based on your own experience, what would you say are the three biggest benefits of trading with RENADER FX?
webgalaxy
07-01
Based on your own experience, what would you say are the three main benefits of working with Core Financial Markets Ltd?
Yousef47
09-10
Is Eagle Capital Future regulated?
seejay
07-20
Is Zaffex safe and legit?
QM Trader
04-10