|Broker Type:||CFD broker|
|Country:||St. Vincent and the Grenadines.|
|Regulation:||Milutina Milankovica Blvd 9ž, Belgrade, 11070|
|The Trading platforms:||MetaTrader 4|
|The Trading platforms:||GMT +3:00|
|Other trading instruments:||stocks, indices, forex, cryptocurrencies, commodities|
- General information
- UMarketz and payments solutions
- Payment solutions part two
- How to withdraw funds
- Trading platforms and UMarketz
- MetaTrader 4 and important details
- Safety of funds
- Various Fees
UMarketz Review 2021 – Is it good?
It is worth mentioning that UMarketz was founded by a team of experienced financial professionals dedicated to providing a boutique service for professional traders. Interestingly, Wize Private Financial Group is an award-winning one-stop brokerage firm focused on delivering value to clients. It is hard not to mention this fact in the UMarketz review. But its products help traders maximize their returns by giving unparalleled access and advantages in financial market trading.
Importantly, its client-first approach enables it to provide exceptional tools to optimize returns. The brokerage firm is focused on providing its clients with premium value-added services. In fact, its tools offer a sophisticated platform and support team for every trader.
UMarketz offers a Boutique User Experience for all clients. They receive personalized attention and experience from UMarketz’s qualified representatives. The brokerage firm is working hard to provide a sophisticated, exclusive service for every client.
The purpose of award-winning trading platforms is to optimize performance and minimize downtime for traders. As a result, it is not hard for clients to use platforms. Furthermore, UMarketz’s team of market experts spend countless hours developing strategies. Traders can always count on the strategies developed by a team of market experts.
UMarketz Review Of Payment Options
Let’s have a look at the payment solutions offered by UMarketz. As stated above, it is hard not to mention certain interesting facts. The purpose of this review is to provide information about UMarketz. For example, it offers users a multitude of payment options. Users have the opportunity to quickly and safely deposit funds into investment accounts through the Deposit Portal.
As a reminder, once a live account has been set up, funding is as simple as a few simple steps and verifying compliance information.
Users need to open the Deposit Portal, and the next step is to select a payment method. They have to enter the payment details. Interestingly, a verification email will be sent to confirm that the deposit has been credited to the client’s investment account within a short period of time.
The fastest way to deposit funds on the account is to use a debit or credit card. It is worth mentioning that UMarketz accepts Visa and Mastercard as possible options through its secure payment platform. Typically, the whole process usually takes less than one day. It means payments are usually credited to the account on the same day.
Moreover, there are other options as well. For instance, for users wishing to deposit larger sums, a bank wire transfer is effective. As a reminder, transfers can take between 2-7 business days, depending on the bank’s geographic location. Traders should also keep in mind that UMarketz can accept transfers in USD, GBP, and EUR. A member of the finance team must receive a copy of the swift confirmation. After that, trading may commence.
Payment Solutions Part Two
Moreover, the broker offers alternative payment solutions as well. It is no secret that payment solutions are constantly evolving, and companies must adapt to the ever-changing environment. For example, UMarketz accepts payments from UpayCard as well as Moneynet. Importantly, these systems help protect the identity and ensure the confidentiality of financial details.
However, traders should keep in mind that the broker does not accept third-party payments under any conditions. The brokerage firm does not accept such payments in accordance with the commitment of the anti-money laundering provisions and regulations. Notably, only account holders may deposit to fully compliant client accounts.
How to Withdraw Funds
Furthermore, UMarketz Client Portal makes withdrawing funds quite simple. Interestingly, account holders benefit from an intuitive as well as a straightforward client portal. This portal also makes it easier to withdraw funds, etc.
Clients have to click on the Withdraw Funds button. In fact, the next step is to fill out a brief form. Moreover, a confirmation email will be sent to document the transaction for client-keeping purposes.
Importantly, depending on the withdrawal method, processing and sending funds can take between 5-10 days. However, in certain cases, depending on the payment solution, fees may apply.
Moreover, traders should keep in mind that, in order to comply with anti-money laundering provisions, the broker returns client funds to the origin of said funds. Moreover, all withdrawal transactions see payments directed towards the method of deposit delivery. As a reminder, credit card transactions will see funds returned to the credit card. Customers should keep in mind that accounts with open positions will be prevented from withdrawing if they can’t meet certain margin conditions.
Trading Platforms and UMarketz
UMarketz is using three trading platforms: Web Trader, MetaTrader 4, as well as Mobile Trader. It is worth mentioning that MetaTrader 4 offers the leading trading and analytical technologies and additional services. As a reminder, the MetaTrader 4 trading system allows users to implement strategies of any complexity.
Some strategies include the market and pending orders, Instant Execution as well as trading from a chart. Moreover, stop orders, trailing stops, a tick chart, and trading history are all of the tools mentioned at its users’ disposal.
Thanks to MetaTrader 4, trading became more flexible as well as convenient. As a reminder, this trading platform offers 3 execution modes, 2 market orders, 4 pending orders, as well as 2 stop orders and a trailing stop.
So, let’s have a look at the MetaTrader 4 analytics. Traders should keep in mind that analytical functions are one of the MetaTrader 4 platform’s strongest points. Thanks to online quotes and interactive charts with 9 periods, customers have the opportunity to examine quotes in detail and quickly respond to any price changes.
Moreover, 23 analytical objects and 30 built-in technical indicators have greatly simplified this task.
MetaTrader 4 and Important Details
Millions of people do not have enough time to learn the fundamentals of trading. Hopefully, that is not an issue since MetaTrader 4 can automatically copy deals of other traders. Users have to select a provider. The next step is to subscribe to a signal and let the terminal copy the provider’s trades. Importantly, thousands of free and paid signals with various profitability and risk levels working on a demo and real accounts are at the disposal of users. They just have to make a choice, and MetaTrader 4 will trade for them.
Furthermore, the MetaTrader Market is the built-in Market that is the best place to find an Expert Advisor or the newest technical indicator. Users have the opportunity to buy any of the thousands of trading robots or indicators and launch them without leaving the platform.
As a reminder, it is possible to give formal status to any trading strategy and accomplish it as an Expert Advisor so that it automatically does all the work for the users. Interestingly, a trading robot can control both trading and analytics. Thus, there is no need to spend time on routine market analysis. Furthermore, this trading platform provides a full-fledged environment for developing, testing, and optimizing trading platforms.
It is hard to imagine the modern world without smartphones and tablets. Users have the opportunity to use the mobile versions of MetaTrader 4 on their iPhone/iPad and Android devices to trade in the financial markets. Users will appreciate the mobile trading platforms’ functionality, which includes full support for the trading functions. Moreover, the mobile trading platforms provide broad analytical capabilities with technical indicators and other graphical objects.
Safety of Funds and UMarketz
UMarketz understands the importance of security. It is no secret that one of the essential worries of on-line dealers is security. In fact, the broker holds all cash that belongs to the customers in the best banks in Europe. This evidence shows that the broker understands the importance of this safety very well.
It is worth noting that the broker will charge a dormant fee in case of inactivity. It means that if the account is inactive for 30 days or more, the broker is entitled to impose a $100 monthly fee after this period of time. Moreover, let’s have a look at the auto trading software fee. The broker does not charge any fee for using a third party or the company’s auto trading software.
Nevertheless, a client/trader who is registered and deposited money to use one of the auto-trading software and would like to close the account and withdraw the funds before trading at least 20 trades with the software will have to pay $100 as an auto-trading fee.
UMarketz Review: Conclusion
As can be seen from this UMarketz review, this broker offers many interesting services. It makes sense to work with this broker. As a reminder, this broker has the ability to safeguard the interests of its clients. Not only are UMarketz’s employees are willing to help clients to reach their goals, but they are delivering results and leaving their clients happy. Traders should pay more attention to this broker