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Saint Vincent and the Grenadines|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|


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+44 2032890738
1st Floor, 1st St Vincent Bank Ltd Buliding, James Street Kingstown, St Vincent and The Grenadines.


No valid regulatory information, please be aware of the risk!

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Contact number


+44 2032890738

Broker Information


Company Name

Unit Forex LLC

Company Abbreviation


Platform registered country and region

Saint Vincent and the Grenadines

Company website

Pyramid scheme complaint


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Warning: Low score, please stay away!
Previous Detection : 2023-12-06
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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UnitForex · Company Summary

Registered in St. Vincent and the Grenadines
Regulated by No effective regulation at this time
Year(s) of establishment 1-2 years
Trading instruments Currency pairs, indices, metals, energy
Minimum Initial Deposit Information not available
Maximum Leverage Information not available/1:500
Minimum spread 0.1 pips onwards
Trading platform MT4
Deposit and withdrawal method Bank wire transfer, BTC, Neteller, Skrill, VISA
Customer Service Email/phone number/address
Fraud Complaints Exposure No for now

General information and regulations of UnitForex

Registered in Saint Vincent and the Grenadines, UnitForex is an online forex broker that provides its client with a series of services about forex. Currently it has no regulations, so please be aware of the risk.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on.

At the end of the article, we will also briefly summarize the main advantages and disadvantages so that you can understand the broker's characteristics at a glance.

información general

Market instruments

Currency pairs, indices, metals, energy .....UnitForex allows clients to access a series of trading markets. Therefore, both beginners and experienced traders can find what they want to trade on UnitForex. However, we noted that cryptocurrencies, stocks, futures are not currently available.

market instruments

Spreads and commissions for trading with UnitForex

Standard and premium accounts require no commissions, while ECN and pro accounts need respectively a commission of 7 USD and 3 USD. The spreads also vary from different accounts, but specific information is not clear.

Account Types for UnitForex

Demo Account: UnitForex provides a demo account that allows you to try out the financial markets without the risk of losing money.

Live Account: UnitForex offers a total of 4 account types: standard, premium, ECN and pro. The minimum deposit to open an account is not revealed. Their major differences consist in spreads and commissions.

account types

Trading platforms offered by UnitForex

Although a long time has passed since the launch of MT4, it is still a major player in the market and is loved by traders all over the world. Accessing it from different devices also makes it easier for users to trade.

trading platform

Leverage offered by UnitForex

UnitForex offers a maximum leverage of up to 1:500, which is a generous offer and ideal for professional traders and scalpers. However, since leverage can magnify your profits, it can also result in a loss of capital, especially for inexperienced traders. Therefore, traders must choose the right amount according to their risk tolerance.


Deposit and withdrawal methods and fees

In terms of deposit and withdrawal, like many good brokers, UnitForex provides a detailed form with important information about currency, payment method, minimum amount, arrival date, fees, etc.

deposit and withdrawal

Educational resources

A series of educational resources is available at UnitForex, such as pip/pivot point/Fibonacci/profit/margin calculator, economic calendar and news.

educational resources

Customer support of UnitForex

Below are the details about the customer service.

Language(s): English

Service Hours: queries answered within 24 hours time window! (regular business hours).


Phone Number: +442032890738

Address: 1st Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown,

Saint Vincent and the Grenadines

Social media: Facebook, Instagram, YouTube, twitter

customer support

Users exposures on WikiFX

We have not received any reports of fraudulent activity at this time.

Advantages and disadvantages of UnitForex


High leverage


Educational resources

Complete deposit and withdrawal information.


No effective regulation

Few information available

No MT5

No copy trading

Frequent asked questions about UnitForex

Is this broker well regulated?

No, it is currently not effectively regulated and you are advised to be aware of its potential risks.

How much leverage does this broker offer?

The maximum leverage of UnitForex is 1:500. Please note that this leverage may only be available for some accounts and products. Please consult our articles or the dealer's website for specific information.

Does UnitForex charge commissions?

There is no commission on standard and premium accounts, while the commission on ECN and pro accounts is $7 and $3 per lot.

User Reviews

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more than one year
I previously opened a real account with UnitForex, but my experience was not very good. Their customer service response is a bit slow and they provide fewer trading tools and information. I also found that their trading conditions were a little worse than other brokerage companies, such as higher spreads, so I would not recommend trading with this company.
2023-03-31 14:36
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