Ubrokers Review & Real Ratings

Ubrokers user-ratings. $250
8.6 of 10 points 1 reviews
  • Asset varierity - 9/10
  • Trading platform - 10/10
  • Support - 9/10
  • Fees - 7.5/10
  • Deposit/Withdrawal - 7.5/10

Facts about the company:

  • Type: Forex and CFD Broker
  • Regulation: HCMC (Greece)
  • Minimum Deposit: $250
  • Demo account: Free
  • Markets: Forex, CFDs, Stocks, Indices, Commodities, Crypto
Comments Rating 8.6/10 (1 review)


  • A lot of different markets
  • Fast and reliable support
  • MetaTrader 4
  • Regulated and safe 
  • Good trading education


  • Withdrawal fees maybe appear

(Risk Warning: 74-89% of the account lose money)

Are you looking for experience with Ubrokers? – Then you are exactly right on this page. With more than 7 years of experience in trading, I have tested the new provider. Find out about the conditions, fees, and investment opportunities at Ubrokers. Should you really invest money there or not? – Read it in my following Ubrokers experiences.

Website of Ubrokers

What is behind Ubrokers? – Introduction

Ubrokers is a new online broker based in Greece. The website www.ubrokers.com is operated by Capital Securities S.A. This is an investment company registered in Greece with the registration number 31387/06/B/94/18. The exact address of the company is 58, Metropoleos Street, 105 63, Athens, Greece.

Not much is known about the company as it is relatively new. The broker offers trading in contracts for difference and currencies. You can invest in many different assets with the web platform or MetaTrader 4. UBrokers presents itself as a safe and regulated company. The support is supposed to be particularly good, which I will test in the following report. Despite the fact that the broker is very new, his offer seems worthwhile.

Ubrokers is not a financial advisor or tipster for buying and selling financial products. It only offers the service of trading leveraged derivatives.

Facts about Ubrokers:

  • Founded new broker in 2020
  • The company is located in Greece
  • Registered and regulated
  • The Ubrokers website is managed by Capital Securities S.A
  • Offers services for investing with financial products

(Risk Warning: 74-89% of the account lose money)

Ubrokers Regulation – How secure is the provider?

Regulations and licenses are very important in online trading. It is not unusual for inexperienced investors to be ripped off by fraudulent websites. Before registering with an investment site, you should check whether the provider is regulated. Usually, you can find the data for this in the lower part of the website.

Ubrokers is based in Greece and is regulated by the Hellenic Capital Commission (HCMC). This is the Greek Financial Services Authority. The regulation is in accordance with European standards and Ubrokers is therefore allowed to offer its services throughout Europe.

Ubrokers is regulated by the HCMC

The license number is 272/15, so you can also find the company capital Securities S. A. on the website. The HCMC is a very safe regulation. So Ubroker can be also classified as a serious online broker for Forex and CFDs. In case of a violation of the regulatory requirements, the license would be directly withdrawn.

Trading Conditions – What does Ubrokers offer?

Ubrokers is a Forex and CFD broker where you can invest in over 200 different markets. These include the following markets:

  • Currencies (Forex)
  • Stock Indices
  • Shares
  • ETFs
  • Raw materials
  • Crypto Currencies

The offer of the broker is very sufficient from my Ubrokers experience. You can invest in the most important assets of the global financial markets. For this purpose a maximum leverage of 1:30 is offered for private traders. Professional traders can get a leverage of 1:400. However, certain criteria have to be met for this.

Customers can decide whether to start with a free demo account or with a minimum deposit of 250€. I recommend to use the free demo account first and test the trading platform yourself. From my Ubrokers experience, a minimum deposit of 250€ is very low. Also, the position sizes can be adjusted so that you risk only a few Euros of money.

The fees and spreads depend on the account level (I will go into this in more detail later). The more money you deposit at Ubrokers the cheaper the trading fees can be. The broker earns money through an additional bid and ask spread on the prices. The higher the trading volume the cheaper the fees for clients can be.

In the table below you can see some example spreads of the most popular assets:

Asset:Spreads from:
EUR/USD1.4 Pips
GBP/USD1.7 Pips
USD/JPY1.6 Pips
Crude Oil0.08 Points
Gold0.05 Poins
Bitcoin$ 30

In summary, the trading conditions from my Ubroker experience are quite good. You have a wide choice of markets and you can test the platform for free. However, the fees in the standard account are slightly higher. Therefore it is worthwhile to deposit a little more money with this provider for more favorable trading conditions. The portfolio is completed by international support in different languages, which works fast and professionally.

The trading conditions at a glance:

  • Free demo account for practice
  • Minimum deposit 250€
  • Different account models
  • Lever 1:30 for private traders
  • Over 200 different markets
  • Spreads from 1.4 pips
  • German Support 24/5
  • Web Platform and MetaTrader 4

(Risk Warning: 74-89% of the account lose money)

Ubroker review of the trading platform

Ubrokers offers 2 different versions of trading platforms. Mobile apps are also available:

  • Ubrokers Webtrader and App
  • MetaTrader 4 and App

These platforms offer all the tools you need for professional and successful trading. In the following section, I would like to go into more detail about the web platform of Ubrokers. From my experience, this is also best suited for beginners and advanced traders.

See a screenshot of the platform:

Ubrokers Trading Platform

As you can see in the picture above, the platform is very clear. Additionally, the trade mask is very user-friendly. On the left side, you can see the market terminal where you can search the markets offered by Ubrokers. Filter the markets by categories or use the search function. The buying and selling price is also displayed directly.

On the right side is the chart and in the middle is the trading mask. The trading platform has all the tools you need for technical analysis. Use different chart types, indicators, time units, or drawing tools. Similar to MetaTrader 4, there is a wide selection of tools available.

You can open orders via the trading mask. I will go into this in more detail in a moment. The web platform is more user-friendly because it is easier to determine your position than in MetaTrader 4, where you can see all the details of the position size and quantity.

Features of the Web Platform:

  • User-friendly
  • Transparent trading possible
  • Many charting functions
  • Indicators
  • Chart types
  • Drawing Tools
  • Time slot
  • Full-screen mode possible

Trading Tutorial – How to trade with Ubroker:

In the upper picture, you can see the trading mask at Ubrokers. First, you must enter the position size. In currency trading this is called “lots”. 1 lot corresponds to 100,000 units of the base currency. Next to it, the value is shown in pips which is really a great help in determining your position. This allows you to adjust the size, stop loss, and take profit very easily.

Click Buy or Sell to open the position. You can invest in rising and falling prices. Under these buttons there is also the possibility to use a Stop Loss and Take Pofit. Automatically close the positions in loss or profit at a certain price or amount. It is highly recommended to always use a Stop Loss.

Ubrokers order mask
  1. Select a market
  2. Analyze and develop a trading idea
  3. Choose the right position size
  4. Invest in rising or falling prices
  5. Save the position with a Stop Loss and Take Profit
  6. Open the position
  7. Close the position in profit

(Risk Warning: 74-89% of the account lose money)

MetaTrader 4

Ubrokers MetaTrader 4

As mentioned above, MetaTrader 4 is offered by Ubrokers. This software is known worldwide and is in the portfolio of many providers. From my experience, it offers the most functions and settings to realize trading.

For example, MetaTrader 4 supports automated trading. You can program your own Expert Advisor and run it through the software. Use over 50 standard indicators. These can be extended as desired. Multi-charting and 1-click trading are also possible. You can find a more detailed description of the software in my MetaTrader experience report.

Mobile Ubroker App

With Ubroker you can also trade easily with your mobile device. The provider provides a trading app free of charge. You can use the Ubroker app or the MetaTrader 4 app. Both programs have the same charting capabilities as the Dekstop versions. Use the mobile app for trading on the go.

Ubrokers Mobile App

How to open an account with Ubrokers

From my Ubrokers experience, opening an account is very easy. Open the account with an email, full name, and phone number. You can choose between the demo account and a real money account. A demo account can still be opened afterward.

Ubrokers account opening

After opening the account, the broker must identify your identity. This is a normal verification of a regulated broker. Use the webcam or a photo of an identity document for this. Additionally, Ubrokers will ask for address verification. The account opening can be completed in a few hours. Without identity verification, real money trading is not possible.

(Risk Warning: 74-89% of the account lose money)

Demo account

Use the free demo account. Ubroker allows you to test the trading platforms with virtual credit. You have no risk to lose real money! The demo account is free and without obligation. Try out new strategies or markets. The practice account is one of the most important tools for beginners and advanced traders.

Account types at Ubrokers:

Ubrokers offers different account levels. The more capital you have in your account the better the conditions will be. The broker inevitably earns more money through a high trading volume. Therefore, you get cheaper trading fees at the higher account level. See the table below for the conditions of the accounts:

EUR/USD 2.5 PipsEUR/USD 2 PipsEUR/USD 1.6 PipsEUR/USD 1.1 Pips
GBP/USD 2.8 PipsGBP/USD 2.5 PipsGBP/USD 1.9 PipsGBP/USD 1.4 Pips
USD/JPY 2.8 PipsUSD/JPY 2.5 PipsUSD/JPY 1.9 PipsUSD/JPY 1.4 Pips
Crude Oil $0.13Crude Oil $0.12Crude Oil $0.11Crude Oil $0.09
1 Basic Lesson2 Basic Lessons3 Advanced Lessons5 Advanced Lessons
No Webinars1 Monthly Webinar2 Monthly Webinars5 Monthly Webinars
Daily NewsDaily NewsDaily NewsDaily News
Trading CentralTrading CentralTrading CentralTrading Central
2 Daily TC SMS Alerts2 Daily TC SMS Alerts4 Daily TC SMS Alerts7 Daily TC SMS Alerts
1 Free Withdrawal1 Monthly Free Withdrawal3 Monthly Free WithdrawalsNo Fees

Experience with deposits and withdrawals

The minimum deposit is 250€ high. You can of course also deposit larger amounts. There are various methods available for this. Ubrokers does not charge any fees for a deposit.

Use the following methods:

  • Credit/debit cards
  • Online banking
  • Bank transfers
  • E-Wallets

A deposit can be made very quickly using electronic methods. The money is credited directly to the account. By bank transfer, it can take 2 – 4 days, depending on the bank, until the money reaches your trading account.

Withdrawals are partly free of charge at Ubrokers. Depending on your account level, you will receive a free payout. If the payout is not free, there is 3.5% for credit/debit cards and 30€ for bank transfer.

Fees at Ubrokers

Some fees have already been mentioned by me in this field report. In this section, I will summarize again all fees and costs for you. Trading is subject to trading fees. This fee is called spread (the difference between the buy and sell price) and depends on the market and account level.

Keeping a position open overnight incurs financing fees because leveraged positions are traded. The exact costs are shown on the platform. They are different and depend on the market and interest rate.

In addition, there is an inactivity fee of over 80€ if the account has been inactive for more than 1 month.

  • Fees for trading (spread)
  • Possible financing fees overnight
  • Possible payout fees
  • Inactivity fee 80€

Support and service

Ubrokers offer support in different languages. There is support by phone, email, and live chat. The employees are competent and can quickly help with questions. Also, a common setup of the trading platform can be done.

For beginners, there are different sections with tutorials and analysis. These points can be reached under “Continuing Education” on the website. Benefit from the latest analyses from Trading Central. An independent news service. There are also tutorials for technical and fundamental analysis. In summary, the advanced training offer is good for getting started, but it could go into more detail.

Support: Live Chat:Phone:Email:
24/5Yes+30 21 1198 5186info@ubrokers.com

The conclusion to my Ubroker experiences: Competent new Online Broker

My experience has shown that Ubrokers is a safe broker for Forex and CFD trading. It is fully regulated and licensed. However, the company is still quite new and I am sure that there will be some extensions to the trading platform.

Trade over 200 different markets around the clock at competitive spreads. You can invest in both rising and falling prices via derivatives without a lot of effort.

For the beginner the free demo account is available and the real money account can be opened for as little as 250€. The trading platform also makes a very good impression on me, because it is user-friendly and very transparent. The offer is rounded off by professional support and some further training possibilities.

(Risk Warning: 74-89% of the account lose money)

One Response

  1. Andre Witzel November 2, 2020

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