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    UBanker

    2-5 years
    |
    Regulated in Vanuatu
    |
    Retail Forex License
    |
    Non MT4/5 Software

    Rating

    0 1 2 3 4 5 6 7 8 9
    .
    0 1 2 3 4 5 6 7 8 9
    0 1 2 3 4 5 6 7 8 9

     /10

    License Index

    3.05

    Business Index

    5.86

    Risk Management Index

    8.22

    Software Index

    4.00

    Regulatory Index

    3.02

    Licenses

    Vanuatu Financial Services Commission

    Retail Forex License

    VFSC Offshore Regulatory

    Overview

    • Company Name:

      Green Pole Ltd
    • Company Abbreviation:

      UBanker
    • Place of registration:

      UBankerVanuatu
    • Regulatory Status:

      Offshore Regulatory
    • Customer Service Email Address:

      customer.service@ubanker.com
    • Customer Service Phone Number:

      +23414408196
    • Company summary

      GeneralInformation&RegulationofUBankerUBankerclaimstobethetradingnameofGREENPOLELtd,anonlinefinancialservicesproviderregisteredinVanuatu,establishedin2017,andcurrentlyholdsanauthorizedretailforexlicenseinVanuatu,regulatorynumber:14627.Generallyspeaking,offshoreregulatorsarenotthatstringentwithforexbrokers,andinvestorsshouldusethisplatformwithcaution.FinancialMarketsThemainfinancialassetsofferedbyUBankerareForexcurrencypairs,commodities,indices,stocks,andCFDs.AccountTypesofUBankerThereappearstobeonlyonestandardaccountsetupontheUBankerplatform,whichhasaminimuminitialdepositof$200,slightlyabovetheindustrystandard.Inaddition,offeringonlyonetradingaccountcannotmeetthetradingneedsandexperienceofdifferenttraders.LeverageLeverageis1:200forForexcurrencypairs,1:200forcommodities,1:100forindexCFDs,and1:10forcryptocurrencyandstockCFDs.Spreads&CommissionsofUBankerThespreadonEURUSDofferedinUBankerstandardaccountsis3pips,whichismuchhigherthantheindustrystandard(between1.1and1.5pips),andhighspreadsmeanhighertradingcosts.TradingPlatformsAvailableofUBankerUBankerofferstwomaintradingplatformsfortraders,MobilePROfitandWebPROfit,insteadofthepopularMT4/MT5tradingplatforms.DepositandWithdrawalofUBankerUBankersupportstraderstodepositandwithdrawfundstoandfromtheirinvestmentaccountsviawiretransfer,VISA,MasterCard,Neteller,Skrill,SWIFT,Paysafecard,EFTpay,ecoPayzpaymentmethods.SummaryThemaindisadvantagesofUBankerare:1.Offshoreregulation2.Highinitialminimumdepositrequirements3.Highspreads4.Non-MT4tradingplatform5.Manynegativereviews About More
    Pyramid scheme complaint

    WikiFX APP!

    Global Forex Broker Regulatory Inquiry APP!

    WikiFX Risk Alerts

    Previous Detection: 2021.07.26 Risk: 2 Item

    • The VanuatuVFSC regulatory with license number: 14627 is an offshore regulatory, please be aware of the risk!
    • Current data shows that this broker is using Non MT4/5 Software

    WikiFX Verification

    • Exhibition Area

    • Survey

    • MT4/5

    • Website

    • Genealogy

    • Clones

    • Keywords

    • Time Machine

    • Score

    WikiResearch

    • Delivery Index

    • Market Analysis

    • Material Delivery

    • Ad Brand

    • Search Source

    • Language

    Last Updated Time 2021-07
    Vanuatu Financial Services Commission

    Vanuatu Financial Services Commission (VFSC)

    The Vanuatu Financial Services Commission (VFSC) was formally established in December 1993, after the Vanuatu Parliament enacted the Vanuatu Financial Services Commission Act No. 35 of 1993. Previous to this, the VFSC was the Registrar of Companies and the Official Receivership Department of the Treasury since 1971 under the then, British Administration and after independence in July 1980, the Ministry of Finance and Economic Management. The VFSC has set up four departments, namely Corporate Services, Legal Enforcement & Insolvency, Supervision and Registration.

    • Licensed Institution :

      Green Pole Ltd

      Effective Date :

      2020-01-30
    • Email Address of Licensed Institution :

      --

      License Type:

      No Sharing
    • Website of Licensed Institution :

      --

      Expiry Date :

      --
    • Address of Licensed Institution :

      --

      Phone Number of Licensed Institution :

      --
    • Licensed Institution Certified Documents :

      Ontega-VFSC牌照200402 View Certified Documents Green Pole Ltd.瓦努阿图20200120 View Certified Documents

    UBanker · MT4/5

    Identification Result

      UBanker · Website

      Most visited countries/areas

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          UBanker· Genealogy

          UBanker · Clones

          UBanker · Market Analysis

          The data are from WIKI Research    2021.07.26 updated

          WikiFX prompts you

          This broker's score is relatively low.

          Please choose wisely! Please avoid unnecessary loss

          Continue
          UBanker · Survey×

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          UBanker

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          Data Sources WikiResearch 2021.07.26 Update

          UBanker · Chart
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          Data Sources WikiResearch 2021.07.26 Update

          WikiFX·pyramid scheme complaint
          1  Know about pyramid scheme  >
          2  Pyramid scheme complaint   >
          3  Done
          1. What is pyramid scheme complaint?
          With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
          2. 10 Features of Pyramid Scheme
          High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
          Report immediately
          Report This Platform
          UBanker
          * Contact number
          0086
          *Enter your phone number
          *Reporting Reasons

          *Enter your reason
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          Submit successfully!

          You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'

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          UBanker · Company summary

            General Information & Regulation of UBanker

            UBanker claims to be the trading name of GREEN POLE Ltd, an online financial services provider registered in Vanuatu, established in 2017, and currently holds an authorized retail forex license in Vanuatu, regulatory number: 14627. Generally speaking, offshore regulators are not that stringent with forex brokers, and investors should use this platform with caution.

            Financial Markets

            The main financial assets offered by UBanker are Forex currency pairs, commodities, indices, stocks, and CFDs.

            Account Types of UBanker

            There appears to be only one standard account set up on the UBanker platform, which has a minimum initial deposit of $200, slightly above the industry standard. In addition, offering only one trading account cannot meet the trading needs and experience of different traders.

            Leverage

            Leverage is 1:200 for Forex currency pairs, 1:200 for commodities, 1:100 for index CFDs, and 1:10 for cryptocurrency and stock CFDs.

            Spreads & Commissions of UBanker

            The spread on EURUSD offered in UBanker standard accounts is 3 pips, which is much higher than the industry standard (between 1.1 and 1.5 pips), and high spreads mean higher trading costs.

            Trading Platforms Available of UBanker

            UBanker offers two main trading platforms for traders, Mobile PROfit and Web PROfit, instead of the popular MT4/MT5 trading platforms.

            Deposit and Withdrawal of UBanker

            UBanker supports traders to deposit and withdraw funds to and from their investment accounts via wire transfer, VISA, MasterCard, Neteller, Skrill, SWIFT, Paysafecard, EFTpay, ecoPayz payment methods.

            Summary

            The main disadvantages of UBanker are:

            1. Offshore regulation

            2. High initial minimum deposit requirements

            3. High spreads

            4. Non-MT4 trading platform

            5. Many negative reviews

          Risk Warning

          The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

          Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

          Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

          Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.