One of the most popular Forex brokers is Umarkets. It was founded in 2008. The company has a good reputation. If you plan to start trading on Forex, Jumarkets will be the best option. The company continues to develop. At the moment, The company’s priority areas are Asia and Latin America. These markets are actively conquered by the company. The broker cooperates with Forex market makers. In particular, U markets works with the largest bank in Europe – HSBC.
Best Forex Broker: marketsOne of the key tasks facing the trader is the choice of a broker. You only need to work with well-established companies. The main indicator of the success of the Umarkets broker is customer feedback. This company has managed to win the trust of users all over the world. If you are looking for a broker for profitable and safe Forex trading, Umarkets may be the best choice. The company offers customers four types of accounts. Each of them is characterized by its own features and advantages. In Umarkets (Jumarkets) accounts can be:
- Minimal. The deposit is from $500. The minimum lot available for trading is 0.1. This account option is best for beginners.
- Standard. Deposit – from $5,000. The lot size is the same as the previous account type – 0.1. At the same time, the trader gets all the functionality of the Autochartist Advisor, and can trade indices.
- Gold. For this type of account, the deposit is $10,000. You can trade lots from 0.5. The account includes a number of additional services. These include an individual phone line, special offers from the company and a personal manager.
- Platinum. This type of account includes a full package of services. The user gets access to personal reports on the stock market, the possibility of trading “one on one.” At the same time, the minimum deposit is $35,000. You can trade lots from 1.5.
- Metatrader 4. A popular app used by traders around the world.
- xCritical. An innovative system that makes trading even more comfortable and fast.
- A mobile shopping terminal. Designed for tablets and smartphones under iOS and Android.
Is It a Scam or a Reliable Company?This broker has managed to prove itself well among users. The company is focused on cooperation with experienced traders. Unlike Jumarkets, fraudsters try to lure newcomers who do not understand the principles of trading into the stock exchange, and quickly “drain” their deposits. The company in question always warns novice stock speculators about all the risks available. The broker’s work is controlled by such structures as The Financial Commission, ARBR, ARB and FSC. This means that the probability of violations on the part of the firm is practically excluded. A complaint written by one of the mentioned regulators will put an end to controversial situations. If you want to better understand the benefits of Jumarkets, the reviews about this company will be studied carefully and thoughtfully.