Uinvex Review

Edited by: Louis Schoeman

Uinvex

 

Uinvex is a market maker broker offering over 300 trading instruments across five asset classes: Forex, stocks, commodities, indices, and cryptocurrencies. Uinvex provides a demo account for risk-free practice, negative balance protection, and an Islamic account with swap-free terms for the first 14 days.

 

🛡️Regulated and trusted by the SVG Financial Services Authority (FSA)
🛡️2700 new traders chose this broker in the last 90 days.
🛡️Available for global Traders.

 

🔎 Broker🥇 Uinvex
📈 Established Year2024
📉 Regulation & LicensesSt. Vincent and the
Grenadines (SVG)
📊 Ease of Use Rating3/5
🎁 BonusesFirst Deposit Bonus,
Trading Credits,
Verification Bonus,
Completion Bonus
⏰ Support Hours24/5
🖱️ Trading PlatformsProprietary Uinvex
Web Trader and
Android app
💻 Account TypesStandard,
Islamic,
Demo,
VIP
💴 Base CurrenciesUSD
📈 SpreadsFrom 1.3 pips
(EUR/USD)
📉 LeverageUp to 1:500 for Forex
💶 Currency Pairs✅Yes
💵 Minimum Deposit$20
💷 Inactivity Fee$10
⭐ Website LanguagesEnglish,
Multilingual
💳 Fees and CommissionsNo commissions;
Withdrawal fees apply
for amounts under
$300 (Bank Transfer)
🏷️ Affiliate ProgramYes, based on trading
volume and client
activities
🌎 Banned CountriesUnited States
🅰️ ScalpingNot allowed
🅱️ HedgingAllowed
⚙️ Trading InstrumentsForex,
Stocks,
Commodities,
Indices,
Cryptocurrencies
🚀Open an Account👉 Click Here

 

Overview

Uinvex is a fresh name in trading, having launched in 2024. Based in St. Vincent and the Grenadines, this market maker broker aims to offer a simple and secure trading experience.

Instead of relying on other liquidity providers, Uinvex handles trades directly, which helps with smoother execution.

They’re not trying to be everything for everyone but rather focus on a straightforward, efficient platform that offers more than 300 trading instruments across Forex, stocks, commodities, indices, and cryptocurrencies.

Uinvex’s primary target audience includes beginners and experienced traders looking for a straightforward platform with competitive trading conditions.

The broker prides itself on fast execution times—boasting a 12ms trade execution speed—and offers leverage up to 1:500, making it an attractive choice for traders to amplify their positions.

 

Frequently Asked Questions

 

What is Uinvex and when was it launched?

Uinvex is a market maker broker launched in 2024, based in St. Vincent and the Grenadines. It aims to provide a simple, secure, and efficient trading experience.

 

What trading instruments does Uinvex offer?

Uinvex offers over 300 trading instruments across five asset classes: Forex, stocks, commodities, indices, and cryptocurrencies.

 

What makes Uinvex different from other brokers?

Unlike many brokers that rely on external liquidity providers, Uinvex handles trades directly, ensuring smoother trade execution and faster response times.

 

Who is Uinvex’s target audience?

Uinvex caters to both beginner and experienced traders who seek a straightforward platform with competitive trading conditions and fast execution times.

 

Our Insights

Uinvex presents a solid option for traders looking for a simple yet powerful trading platform. With fast execution speeds, competitive leverage, and over 300 instruments to choose from, it’s an attractive choice for both new and experienced traders who value efficiency and ease of use.

 

Overview

 

Safety and Security

 

🔎 Key Element📌 Details
🔒 RegulationRegistered in St. Vincent and the Grenadines (Incorporation No. 26037 BC 2020)
🔏 ComplianceAnti-Money Laundering (AML), Know Your Customer (KYC)
🔐 Client Fund SafetySegregated accounts to protect client funds
🔓 Negative Balance ProtectionYes—if your account balance falls below zero, it will be reset to zero
🔒 Verification RequirementsProof of identity (passport, ID), proof of address (e.g., utility bill)

 

Uinvex operates under the regulatory framework of St. Vincent and the Grenadines, where it’s registered under incorporation number 26037 BC 2020.

While it’s not licensed as a financial advisor, Uinvex sticks to execution-only services, meaning they handle the trade executions but leave trading decisions up to you. They don’t act as a portfolio manager or offer financial advice, which is something to keep in mind.

In terms of safety, Uinvex prioritizes the protection of client funds. They use segregated accounts, meaning your funds are kept separate from their operational funds, reducing the risk of them being used for business activities.

They also follow strict anti-money laundering (AML) procedures, requiring proper identity verification before trading. If you’re new to trading, the thorough checks they require should give you some peace of mind.

Also, Uinvex provides negative balance protection. If the market moves against you and your balance falls below zero, Uinvex will reset it to zero, so you won’t owe more than what you initially deposited.

These measures make Uinvex a relatively safe choice, but like with any broker, it’s important to understand their policies fully before jumping in.

 

Frequently Asked Questions

 

Is Uinvex regulated?

Uinvex is registered in St. Vincent and the Grenadines under incorporation number 26037 BC 2020. While not licensed as a financial advisor, it operates under a regulatory framework that supports its execution-only services.

 

How does Uinvex protect client funds?

Uinvex prioritizes client fund safety by using segregated accounts, ensuring that your funds are kept separate from the broker’s operational funds, and minimizing the risk of misuse.

 

Does Uinvex provide negative balance protection?

Yes, Uinvex offers negative balance protection. If your account balance falls below zero due to market fluctuations, it will be reset to zero, ensuring you won’t owe more than your initial deposit.

 

What verification is required to trade with Uinvex?

To trade with Uinvex, you’ll need to provide proof of identity (passport or ID) and proof of address (such as a utility bill) to meet their Know Your Customer (KYC) and Anti-Money Laundering (AML) requirements.

 

Our Insights

Uinvex takes client safety seriously, with robust security measures like segregated accounts, anti-money laundering procedures, and negative balance protection. While it’s registered in St. Vincent and the Grenadines and not licensed as a financial advisor, it provides an execution-only service that caters to those who want control over their trades.

These safety and verification steps make Uinvex a trustworthy choice for traders, though it’s important to understand their policies fully before trading.

 

Safety and Security

 

Bonus Offers and Promotions

Uinvex offers a few bonus programs for traders, but it’s important to note that these come with specific conditions and requirements.

The bonuses available include deposit bonuses and referral bonuses. These programs reward traders, but each has its eligibility criteria and conditions tied to trading volume.

While bonuses can provide additional funds for trading, the ability to withdraw them depends on meeting certain trading volume requirements. Here’s more info:

 

  • First Deposit Bonus: Perfect for new traders who make their first deposit.
  • Trading Credits: Awarded based on net deposits, with proportional trading requirements.
  • Verification Bonus: A bonus for completing account verification.
  • Completion Bonus: Offered for completing the financial profile with valid documents.

 

First Deposit Bonus

The First Deposit Bonus is available to new Uinvex customers as an incentive to start trading. Once the account is approved and the first deposit is made, traders can receive a percentage bonus, up to a maximum of $5,000. The bonus percentage may vary depending on the promotion.

 

Conditions

 

  • Eligibility: Available only to new customers after account approval. The minimum deposit required is $100 or equivalent in the account’s base currency.
  • Bonus Details: The bonus is credited as a percentage of the deposit, with a maximum of $5,000.
  • Trading Requirement: For every $1,000 in bonus funds awarded, traders must complete 30 standard lots of trading within 60 days to retain the bonus.
  • Restrictions: The bonus is reversed if the trading requirement is not met. This offer cannot be combined with other promotions.

 

Trading Credits

Trading Credits are promotional rewards that Uinvex offers based on net deposits. Customers can earn these credits as a reward for depositing funds into their accounts. The offer’s specifics, such as the percentage or amount of credit, are announced during promotions.

 

Conditions

 

  • Eligibility: Available to all live Uinvex account holders. The bonuses are based on net deposits, calculated as total deposits minus total withdrawals.
  • Trading Volume Requirement: For every $1,000 credit, customers must trade 30 standard lots within 60 days. Partial bonuses, like $500 credits, will have a proportional trading requirement (e.g., 15 lots for $500).
  • Other Rules: Credits cannot be transferred between accounts and will be revoked if the account remains inactive for 12 months.

 

Verification Bonus

The Verification Bonus encourages traders to verify their accounts by entering an SMS code for phone number verification. This bonus is credited as trading credit and can only be used for trading purposes.

 

Conditions

 

  • Eligibility: Available only once for the first account verified. Duplicate accounts do not qualify.
  • Bonus Details: Credited as trading credit, usable only for trading.
  • Restrictions: Bonus can’t be transferred or withdrawn and applies only to the first verified account.

 

Completion Bonus

The Completion Bonus rewards traders who complete their financial profile by uploading valid identification documents (e.g., proof of ID and address). This bonus is credited once the account is approved.

 

Conditions

 

  • Eligibility: Available after uploading valid documents and completing account approval.
  • Bonus Details: Credited as trading credit, usable only for trading purposes.
  • Restrictions: The bonus is non-transferable between accounts and can only be applied to the first completed profile.

 

Frequently Asked Questions

 

What bonus programs does Uinvex offer?

Uinvex offers several bonus programs, including the First Deposit Bonus, Trading Credits, Verification Bonus, and Completion Bonus. Each comes with specific conditions, such as trading volume requirements, that must be met to withdraw the bonus funds.

 

How does the First Deposit Bonus work?

The First Deposit Bonus is available to new customers who make their first deposit. Traders can receive a percentage of their deposit, up to a maximum of $5,000, with a trading volume requirement of 30 lots for every $1,000 in bonus funds within 60 days.

 

What are Trading Credits and how do they work?

Trading Credits are awarded based on net deposits and are subject to a trading volume requirement. For every $1,000 in credit, traders must complete 30 standard lots within 60 days. Credits are non-transferable and will be revoked if the account is inactive for 12 months.

 

What is the Verification Bonus and how do I qualify?

The Verification Bonus is a reward for verifying your account with Uinvex by entering an SMS code. It’s credited as trading credit and can only be used for trading purposes. It is available only once per verified account.

 

Our Insights

Uinvex provides a range of bonus programs that can enhance your trading experience, especially for new traders. However, each bonus has specific conditions and trading volume requirements that must be met before funds can be withdrawn. If you’re willing to meet these requirements, Uinvex’s bonuses can be a great way to boost your trading capital.

 

Bonus Offers and Promotions

 

Partnership Programs

Uinvex offers an affiliate program where individuals or organizations can earn commissions by referring new clients. Affiliates are paid based on the referred clients’ trading volume or other activities.

However, Uinvex doesn’t provide other partnership options, such as Introducing Broker (IB) programs or institutional solutions.

This means that affiliates are the primary way for partners to earn commissions, and the program rewards individuals for bringing in new traders who actively engage on the platform.

 

Key Details of the Uinvex Affiliate Program:

 

  • Commission Structure: Affiliates earn commissions based on the trading volume of referred clients.
  • Payment Terms: Commissions are paid according to the volume or activity of the referred clients.
  • Eligibility: Open to individuals or entities with an active account with Uinvex.
  • Restrictions: The program does not offer IB or institutional options, limiting the type of partnerships available.

 

Affiliates must refer new clients who meet trading requirements for commissions to be valid.

 

Frequently Asked Questions

 

How does the Uinvex Affiliate Program work?

The Uinvex Affiliate Program allows individuals or organizations to earn commissions by referring new clients. Affiliates earn commissions based on the trading volume or activities of the referred clients.

 

What is the commission structure for Uinvex affiliates?

Affiliates are paid commissions based on the trading volume or activities of the referred clients. The more active the clients are, the higher the potential earnings for the affiliate.

 

Who can join the Uinvex Affiliate Program?

The program is open to both individuals and organizations with an active account at Uinvex. Affiliates must refer new clients who meet certain trading requirements to earn commissions.

 

Does Uinvex offer other partnership options, like Introducing Broker (IB) programs?

No, Uinvex currently only offers an affiliate program. They do not provide options for Introducing Brokers (IB) or institutional partnerships.

 

Our Insights

Uinvex’s Affiliate Program provides an opportunity for individuals and organizations to earn commissions by referring new clients. While the program rewards affiliates based on the trading activity of their referrals, it does not offer other partnership options like IB or institutional solutions.

This makes the affiliate program a straightforward way to earn commissions but limits the range of partnership opportunities.

 

Partnership Programs

 

Minimum Deposit and Account Types

Uinvex offers three primary account types: the retail trading account, the Islamic account, and the demo account. Each account caters to different types of traders and offers flexible features depending on your needs.

Here’s a breakdown of the key features of these accounts:

 

🔎 Account Type💴 Minimum Deposit📈 Leverage📉 Spreads🚀Open an Account
🥇 Retail Account$20Up to 1:500From 1.3 pips👉 Click Here
🥈 Islamic Account$20Up to 1:500From 1.3 pips👉 Click Here
🥉 Demo AccountFree (Virtual Funds)Up to 1:500Same as the Retail Account👉 Click Here

 

The retail account is the standard option for most traders. It gives you access to over 300 instruments across five asset classes—Forex, stocks, indices, commodities, and cryptocurrencies.

You’ll find a leverage of up to 1:500 and spreads starting from 1.3 pips on major currency pairs. For those who follow Shariah law, the Islamic account offers the same features as the retail account but with swap-free terms for the first 14 days.

If you’re new to trading, the demo account is the perfect way to practice without financial risk. It mirrors the live environment, using virtual funds, and lets you explore the platform before committing to real capital.

Uinvex also offers the option of a VIP account to more experienced traders but doesn’t detail any trading conditions or unique features on the website.

 

Frequently Asked Questions

 

What are the different account types offered by Uinvex?

Uinvex offers three main account types: the Retail Account, Islamic Account, and Demo Account. Each caters to different trader needs, with the Retail and Islamic accounts offering real trading features and the Demo Account allowing risk-free practice with virtual funds.

 

What are the minimum deposit and leverage for Uinvex accounts?

The minimum deposit for all accounts is $20, and leverage of up to 1:500 is available for Retail and Islamic accounts. The Demo account uses virtual funds but offers the same leverage options as the live accounts.

 

How do I register for an account with Uinvex?

To register, fill out the online application, submit required documents for identity and address verification, and then fund your account. Once your documents are approved (usually within 1-2 business days), you can start trading.

 

What are the key eligibility requirements for opening a Uinvex account?

You must be at least 18 years old (or the legal age in your country) to open an account, and Uinvex restricts account registration from certain regions, including the U.S. and areas under international sanctions.

 

Our Insights

Uinvex provides three flexible account types designed to cater to both new and experienced traders. Whether you’re looking for a standard Retail Account, a swap-free Islamic Account, or a Demo Account for practice, Uinvex offers a straightforward account registration process with easy access to trading after identity verification.

Be mindful of the age and regional restrictions, and ensure you provide the necessary documentation to get started.

 

Minimum Deposit and Account Types

 

How to Open a Uinvex Account

 

1. Step 1: Go to the Uinvex website and complete the application form

Provide your personal information, including your name, email address, and the currency you wish to use for your account.

 

2. Step 2: Submit proof of identity and proof of address

Upload a valid government-issued ID (passport or driver’s license) and proof of address (e.g., a utility bill or bank statement).

 

3. Step 3: Wait for document verification

Uinvex will review your submitted documents. This typically takes 1-2 business days, but make sure to submit all required documents within 14 days to avoid delays.

 

4. Step 4: Account approval and platform access

Once your documents are verified, your account will be approved, and you will gain full access to the Uinvex platform.

 

5. Step 5: Fund your account

Deposit funds into your account via credit card (minimum $20), bank transfer (minimum $250), or cryptocurrency.

 

6. Step 6: Start trading

After your deposit is processed, you can begin trading on the Uinvex platform.

 

You must be at least 18 or the legal age in your country and Uinvex does not allow account registration from the U.S. or other regions under international sanctions.

 

How to Open a Uinvex Account

 

Trading Platforms and Tools

Uinvex offers two main platforms for traders: the Web Trader and the Android app. Both platforms have essential tools, like charting features and risk management options, designed to make trading smooth and efficient.

However, unlike other brokers, Uinvex doesn’t offer MetaTrader 4 or 5, instead choosing to develop its platform solutions.

This gives them more control over the user experience. Still, it also means that some advanced features with third-party platforms, like automated trading and custom indicators, aren’t available.

That said, the Uinvex Web Trader and Android app offer competitive execution speeds and real-time data, making them useful for traders who want quick access to market movements. They both support a variety of assets, including Forex, stocks, commodities, and cryptocurrencies.

But what sets Uinvex apart is its focus on simplicity and ease of use without overwhelming traders with too many complex options. However, you may find the lack of certain features limiting if you’re an advanced trader.

 

🔎 Feature🖥️ Web Trader💻 Android App
📈 Execution Speed12ms12ms
📉 Charting ToolsBasic charting with multiple timeframes and indicatorsBasic charting with multiple timeframes and indicators
📊 Order TypesMarket, Limit, StopMarket, Limit, Stop
💹 Mobile CompatibilityYes, web-based platformYes (compatible with Android devices)
💱 Available AssetsForex, Stocks, Commodities, Indices, CryptosForex, Stocks, Commodities, Indices, Cryptos

 

Web Trader

The Uinvex Web Trader platform is a good option for traders looking for quick, easy market access. It features basic charting tools, including timeframes and indicators, but it’s not as advanced as platforms like MetaTrader 4 or 5.

You can execute orders quickly, with a 12ms execution speed, and it supports a few order types—market, limit, and stop orders.

However, while the platform is efficient for day-to-day trading, it lacks some of the more specialized tools you find in third-party platforms, such as automated trading capabilities or advanced charting features.

The Web Trader is for traders who need simplicity and speed. While it’s easy to navigate, the lack of advanced features could be a downside for more experienced traders.

But for beginners or those who don’t need all the bells and whistles, it offers a clean, functional interface that doesn’t overwhelm.

 

Android App

The Android app mirrors the Web Trader’s features and allows you to trade remotely. Like the Web Trader, the app offers essential charting tools, real-time data, and a variety of order types.

The app’s execution speed is just as quick—12ms—so it matches the web experience regarding responsiveness.

The Android app is ideal for traders who prefer mobile trading. It’s easy to use, and its portability is a plus. However, like the Web Trader, it lacks more advanced trading features like custom indicators or automated trading and is limited to Android devices.

 

Comparison with MetaTrader 4 and 5

 

🔎 Feature🅰️ Uinvex Platforms🅱️ MetaTrader 4/5
📈 Platform StabilityReliable, but simpler compared to MT4/MT5Known for excellent stability and reliability
📉 CustomizationLimited, basic tools and indicatorsExtensive customization with custom indicators and plugins
📊 Automated TradingNot supportedFull support for automated trading via EAs (Expert Advisors)
💹 Trading ToolsBasic charting and order typesAdvanced charting, custom indicators, and automated trading tools
💱 OS CompatibilityAll browsers and Android devices (App)Most browsers, Mac, Windows, Android, iOS

 

Frequently Asked Questions

 

What platforms does Uinvex offer for trading?

Uinvex offers two platforms: the Web Trader and the Android app. Both platforms provide essential tools, including basic charting features, multiple timeframes, and risk management options, with competitive execution speeds.

 

Are there any advanced trading features on Uinvex platforms?

While the Uinvex platforms offer quick order execution and basic charting tools, they do not support advanced features like automated trading or custom indicators, which are available on third-party platforms like MetaTrader 4 and 5.

 

How fast is trade execution on Uinvex platforms?

Both the Uinvex Web Trader and Android app offer fast execution speeds of 12ms, ensuring quick access to market movements for efficient trading.

 

Can I use Uinvex on mobile devices?

Yes, Uinvex offers a mobile app compatible with Android devices, allowing traders to access the platform and trade on the go, with similar features to the Web Trader.

 

Our Insights

Uinvex offers a streamlined trading experience through its Web Trader and Android app, providing a simple and efficient interface for quick access to the markets. While the platforms lack some advanced features like automated trading and custom indicators, they are ideal for beginners or traders who value speed and simplicity over complex tools. If you’re an advanced trader seeking customization and automation, you may find the platforms limiting.

 

Trading Platforms and Tools

 

Range of Tradable Markets

Uinvex offers a solid range of markets for traders, with over 300 instruments spread across five main asset classes: Forex, Stocks, Commodities, Indices, and Cryptocurrencies.

This means traders can explore several opportunities, from highly liquid currency pairs to more niche assets like individual stocks and cryptocurrencies.

Whether you’re a fan of the fast-paced forex market or prefer the stability of commodities like gold, Uinvex gives you the tools and instruments needed to create a diversified trading strategy. Here’s a breakdown of what you can trade:

 

🔎 Asset Class📌 Number of Instruments
📈 Forex45
📉 Stocks100+
🍊 Commodities10+
📊 Indices15+
🪙 Cryptocurrencies20+

 

Forex

 

  • Instruments: Major pairs like EUR/USD, GBP/USD, and USD/JPY, with options to trade other currencies such as AUD/USD and USD/CHF.
  • Popular Strategies: Forex traders typically engage in day trading, scalping, and swing trading. The liquidity and volatility of forex markets make them ideal for short-term strategies.
  • Analysis Methods: Technical analysis is the most commonly used method, focusing on chart patterns, indicators, and trends. Fundamental analysis, such as interest rate decisions, also plays a role.

 

Stocks

 

  • Instruments: Uinvex offers access to popular stocks like Apple, Tesla, Amazon, and Microsoft.
  • Popular Strategies: Investors use both long-term investing and short-term trading strategies. Swing traders often look to capitalize on stock price movements within a few days or weeks.
  • Analysis Methods: Traders combine technical analysis for timing entries and exits with fundamental analysis, such as earnings reports, company growth, and market conditions.

 

Commodities

 

  • Instruments: Gold, oil, silver, and natural gas are key commodities for trading on Uinvex.
  • Popular Strategies: Commodity traders often seek opportunities based on geopolitical news, seasonal trends, and market fundamentals. Gold, for example, is frequently used as a safe-haven investment.
  • Analysis Methods: A mix of fundamental analysis (such as demand/supply trends and geopolitical events) and technical analysis (for timing trades) is common.

 

Indices

 

  • Instruments: Uinvex offers indices like the S&P 500, NASDAQ 100, and DAX 30.
  • Popular Strategies: Index trading allows for diversification across multiple assets, often used by traders looking to hedge risk or gain exposure to a broad market segment.
  • Analysis Methods: Both technical analysis (identifying market trends and patterns) and fundamental analysis (focusing on economic data and overall market sentiment) are commonly used.

 

Cryptocurrencies

 

  • Instruments: Uinvex offers cryptocurrencies like Bitcoin, Ethereum, and Litecoin.
  • Popular Strategies: Cryptos are highly volatile, which makes them attractive for day trading, swing trading, and long-term holding.
  • Analysis Methods: Traders often rely on technical analysis, looking at price charts and trading volume. At the same time, some also focus on adopting blockchain technologies and institutional interest for fundamental analysis.

 

Frequently Asked Questions

 

What asset classes can I trade on Uinvex?

Uinvex offers over 300 trading instruments across five main asset classes: Forex, Stocks, Commodities, Indices, and Cryptocurrencies, providing a broad range of opportunities for different trading strategies.

 

What Forex pairs can I trade on Uinvex?

Uinvex offers 45 Forex instruments, including major currency pairs like EUR/USD, GBP/USD, USD/JPY, and other popular pairs such as AUD/USD and USD/CHF.

 

Which stocks can I trade on Uinvex?

Uinvex provides access to over 100 stocks, including well-known companies like Apple, Tesla, Amazon, and Microsoft, catering to both long-term investors and short-term traders.

 

What commodities and indices can I trade on Uinvex?

Uinvex offers key commodities like gold, oil, silver, and natural gas. It also provides indices such as the S&P 500, NASDAQ 100, and DAX 30 for traders looking to diversify across broader market segments.

 

Our Insights

Uinvex offers a strong selection of over 300 instruments across a wide range of asset classes, making it a versatile choice for traders. Whether you’re interested in the liquidity of Forex, the stability of commodities, the potential of stocks, or the volatility of cryptocurrencies, Uinvex provides the tools needed for a diverse trading strategy.

The platform’s wide range of tradable markets ensures there’s something for every type of trader.

 

Range of Tradable Markets

 

Fees, Spreads, and, Commissions

Uinvex has a straightforward fee structure. Here’s a comprehensive breakdown:

 

🔎 Fee Type📌 Details
📈 SpreadsStarts from 1.3 pips for major Forex pairs
📉 CommissionsNone (no commission on trades)
📊 Swap FeesSwap-free for the first 14 days, then standard swap rates apply
💹 Withdrawal Fees$30 for withdrawals under $300
💱 Inactivity Fees$10 per month after 6 months of inactivity
💷 Minimum Deposit$20 (for retail and Islamic accounts)

 

Fee Breakdown and Comparison

 

  • Spreads: Uinvex applies variable spreads, which start at 1.3 pips for major forex pairs. While spreads for major pairs are relatively tight, the spread widens for more volatile markets such as commodities (oil, gold) or cryptocurrencies like Bitcoin. While spreads are competitive for standard forex trading, other assets carry a premium due to their volatility.
  • Commissions: Unlike many brokers that charge a fixed commission on trades, Uinvex does not charge commissions. Instead, the spread covers the cost, which can be a more cost-effective way to trade for many users. This is useful for high-frequency traders, as commission fees can accumulate.
  • Islamic Account: The Islamic account is one of the key features of Uinvex. It offers a swap-free period for the first 14 days. After this, the platform applies swap fees based on the assets traded. The setup helps traders who follow Islamic finance principles because there’s no interest charged for the first two weeks. However, after the swap-free period, these fees are similar to what you’d find on other accounts.
  • Withdrawal Fees: For withdrawals under $300, Uinvex charges a flat $30 fee. While this is something to consider, especially if you plan on making frequent small withdrawals, it is a standard practice for many brokers.
  • Inactivity Fees: Uinvex imposes a $10 monthly inactivity fee if your account is dormant for more than six months.

 

Comparison with Competitors

When comparing Uinvex’s fees to other brokers, their spreads are competitive, especially for major currency pairs. Many brokers that use variable spreads can have similar pricing, but Uinvex’s lack of commissions stands out as a potential cost-saving factor.

On the downside, the $30 withdrawal fee for smaller amounts is something that some other brokers don’t charge, so this could be a downside for traders who often withdraw smaller sums. Inactivity fees are also a consideration, but they are standard for many brokers after a dormant period.

 

Frequently Asked Questions

 

What are the spread rates on Uinvex?

Uinvex offers variable spreads, starting at 1.3 pips for major Forex pairs. Spreads are tighter for major pairs but may widen for more volatile assets like commodities (oil, gold) or cryptocurrencies (e.g., Bitcoin).

 

Does Uinvex charge commissions?

No, Uinvex does not charge fixed commissions on trades. Instead, the cost is covered by the spread, making it potentially more cost-effective for high-frequency traders.

 

What are the fees for an Islamic account on Uinvex?

Uinvex offers a swap-free period for the first 14 days on Islamic accounts. After this period, swap fees are applied based on the assets traded, which are similar to the fees on regular accounts.

 

Are there any withdrawal or inactivity fees on Uinvex?

Uinvex charges a $30 withdrawal fee for amounts under $300. Additionally, there is a $10 monthly inactivity fee if your account remains dormant for more than six months.

 

Our Insights

Uinvex has a straightforward and competitive fee structure, with variable spreads starting at 1.3 pips and no commissions, which can benefit frequent traders. However, the $30 withdrawal fee for smaller amounts and the $10 inactivity fee could be drawbacks for traders who make small or infrequent withdrawals. Overall, the lack of commissions and swap-free options for Islamic accounts are strong points for many traders.

 

Fees, Spreads, and, Commissions

 

Leverage and Margin Information

Leverage at Uinvex is available across different asset classes. Uinvex offers leverage up to 1:500 for forex trading, allowing traders to open and hold significant position sizes.

However, leverage is lower for stocks, commodities, indices, and cryptocurrencies, reflecting the risk levels associated with the asset classes. Here’s more info on what you can expect:

 

Leverage and Margin by Asset Class

 

🔎 Asset Class🅰️ Maximum Leverage🅱️ Margin Requirement
📈 Forex1:5000.2%
📉 Stocks1:1010%
🍋 Commodities1:502%
📊 Indices1:205%
🪙 Cryptocurrencies1:250%

 

How Leverage Works with Uinvex

 

Forex

Uinvex offers leverage of up to 1:500 for forex trading, meaning a trader can control a $500,000 position with just $1,000 in margin. The margin requirement is 0.2%, meaning a trader only needs 0.2% of the total position size to open the trade.

 

Stocks

For stock trading, Uinvex offers lower leverage at 1:10, requiring a margin of 10%. This means that to control a $10,000 position in stocks, you must deposit $1,000. While this is lower leverage than Forex, stock markets tend to be less volatile, making the risk more manageable.

 

Commodities

Uinvex provides 1:50 leverage for commodities, requiring 2% of the total position to be held as margin. This gives traders a more moderate leverage level, balancing potential profit with risk. Commodities like oil or gold can be volatile, so a more conservative leverage ratio is applied.

 

Indices

Leverage for indices is capped at 1:20, with a margin requirement of 5%. Since indices represent a basket of stocks, they tend to be less volatile than individual stocks, so the leverage is lower than Forex.

 

Cryptocurrencies

The leverage on cryptocurrencies is much lower, at 1:2, meaning you need 50% of the position size as margin. This is due to the extreme volatility in the cryptocurrency market, which can cause significant price swings in short periods. Uinvex has set lower leverage on cryptocurrencies to mitigate potential losses.

 

Frequently Asked Questions

 

What is the maximum leverage available for Forex trading on Uinvex?

Uinvex offers leverage of up to 1:500 for Forex trading, allowing traders to control large positions with a relatively small margin requirement of 0.2%.

 

What leverage is available for other asset classes like stocks, commodities, and cryptocurrencies?

Uinvex offers lower leverage for stocks (1:10), commodities (1:50), indices (1:20), and cryptocurrencies (1:2) to account for the varying risk levels associated with each asset class.

 

How much margin is required for Forex and stock trading on Uinvex?

For Forex trading, the margin requirement is 0.2%, while for stocks, it is 10%. This means you need significantly less margin for Forex positions compared to stocks.

 

Why is leverage lower for commodities, indices, and cryptocurrencies?

Leverage is lower for commodities (1:50), indices (1:20), and cryptocurrencies (1:2) to reduce risk, as these asset classes tend to have higher volatility or represent baskets of assets that are less volatile than individual stocks.

 

Our Insights

Uinvex offers competitive leverage options for Forex traders, up to 1:500, enabling larger positions with smaller capital. However, the leverage decreases for more volatile or risk-sensitive assets like stocks, commodities, indices, and cryptocurrencies, aligning with the risk profiles of each market. While high leverage is available for Forex, other assets are more conservatively leveraged to protect traders from significant risks.

 

Leverage and Margin Information

 

Deposit and Withdrawals

Uinvex supports several payment methods for deposits and withdrawals, including credit cards, cryptocurrency, and bank transfers.

One of the advantages of using Uinvex is that they do not charge any deposit fees, regardless of the payment method. However, there are fees for withdrawals under $300, with a $30 fee for bank transfers. Here’s more information:

 

🔎 Payment Method📈 Deposit Processing Time📉 Withdrawal Processing Time📊 Fees💹 Minimum Deposit
💴 Credit CardInstant1-2 business daysNo fees$20
💶 Bank Transfer1-2 business days1-2 business days$30 for withdrawals under $300$250
💵 CryptocurrencyInstantInstantNo fees$20

 

Additional Details and Restrictions

 

  • Credit Card Withdrawals: For withdrawals to a credit card, you will be asked to provide proof of ownership (such as a recent statement) for security reasons. This could delay the withdrawal by a day or two, depending on how quickly the verification process is completed.
  • Bank Transfer Restrictions: For bank transfers, the minimum withdrawal is $250, and withdrawals under $300 will incur a $30 fee. Bank transfer processing typically takes 1-2 business days, but it could be longer if additional verification is needed.

 

The process is quickest if you’re withdrawing using cryptocurrency, as most cryptocurrencies are processed within minutes. However, the exact time can vary depending on network conditions.

 

Frequently Asked Questions

 

What are the available payment methods for deposits and withdrawals on Uinvex?

Uinvex supports deposits and withdrawals via credit cards, bank transfers, and cryptocurrencies.

 

Are there any fees for deposits on Uinvex?

No, Uinvex does not charge any fees for deposits, regardless of the payment method used.

 

Are there fees for withdrawals on Uinvex?

Uinvex charges a $30 fee for withdrawals under $300 via bank transfer. Cryptocurrency and credit card withdrawals have no fees, though credit card withdrawals may require additional verification.

 

What is the minimum deposit required for each payment method?

The minimum deposit is $20 for credit cards and cryptocurrency, and $250 for bank transfers.

 

Our Insights

Uinvex offers a variety of payment methods with no deposit fees, which is a big plus for traders. However, the $30 withdrawal fee for bank transfers under $300 and the minimum withdrawal requirements for bank transfers could be a downside for some users. Cryptocurrency withdrawals are the quickest and come with no fees, making them a good option for fast transactions.

 

Deposit and Withdrawals

 

Education Materials and Guides

Uinvex does not offer an extensive library of educational resources like other brokers might, such as webinars, e-books, or in-depth trading courses. However, the platform does provide some useful tools for traders, mainly focused on market analysis and keeping up with important economic events.

Here’s what Uinvex offers in terms of educational support:

 

 

Trading Tools and Resources

Uinvex offers trading tools and resources to help direct traders’ trading decisions. While the platform offers solid resources for analysis, it doesn’t provide more advanced tools like automated trading bots or VPS services, which is important for traders looking for those features.

However, the available tools can help streamline the decision-making process and improve the overall trading experience for many traders.

Here’s a quick rundown of the key tools available:

 

Charting Tools

Uinvex provides basic yet effective charting tools, including different timeframes and key technical indicators like moving averages and RSI. These tools analyze price movements and identify trends, which can be used for making short- and long-term trading decisions.

The charts are not as advanced as those found on platforms like MetaTrader, but they are enough for traders relying on basic technical analysis.

 

Technical Analysis Tools

The platform includes standard technical indicators such as the MACD, Bollinger Bands, and the average convergence divergence. Traders widely use these to identify potential buy or sell signals.

However, Uinvex’s tools are basic compared to more comprehensive setups on platforms like MetaTrader, which have more custom indicators and tools.

 

Economic Calendar

The economic calendar on Uinvex is an essential resource for traders to keep track of major economic events. The calendar can anticipate market-moving announcements like interest rate decisions or GDP reports.

Traders can use this tool to plan their trades around key events, which is critical for avoiding unexpected volatility. The calendar is updated regularly for traders to have updated information.

 

Market News

Uinvex provides timely news updates, covering global financial events and market conditions. This tool helps traders stay informed about important factors that could impact their trades.

While it provides the basics, it isn’t as detailed as news sources offered by other platforms, such as Bloomberg or Reuters.

 

Trading Signals

Uinvex offers trading signals for traders to get quick trade ideas. These are based on current market trends and help users make faster decisions.

The signals are useful for less experienced traders, but it’s important to note that relying solely on signals without a solid understanding of the market is not ideal for long-term success.

 

Frequently Asked Questions

 

Does Uinvex offer educational resources for traders?

Uinvex does not have an extensive educational library like some other brokers, but it provides useful tools for market analysis, including an economic calendar, market news, trading signals, and market sentiment tools.

 

What trading tools does Uinvex provide?

Uinvex offers basic charting tools, standard technical indicators (such as MACD and RSI), and an economic calendar. These tools help traders analyze the market and make informed decisions, though they lack advanced features like automated trading bots or VPS services.

 

How useful is the economic calendar on Uinvex?

The economic calendar is a valuable tool for tracking major economic events like interest rate decisions or GDP reports. It helps traders anticipate market-moving announcements and plan their trades accordingly to avoid unexpected volatility.

 

Does Uinvex offer trading signals?

Yes, Uinvex provides trading signals based on current market trends. These signals can help less experienced traders make faster decisions, but it’s recommended to combine them with your own market analysis for better results.

 

Our Insights

Uinvex offers a solid set of basic tools that can help traders make informed decisions, but it lacks the extensive educational resources and advanced features like automated trading that some traders may expect. If you’re a beginner looking for fundamental analysis tools and trade signals, it can be a useful platform. However, more experienced traders may find the educational offerings and technical tools somewhat limited compared to other brokers.

 

Education Materials and Guides

 

Customer Support

When you need to contact Uinvex, you have a few options from which to choose. Their main support channels include live chat, phone, and email, available Monday through Friday, from 24/5.

 

Key Support Contact Details

 

  • Phone Support: Available 24/5 during business hours.
  • Email Support: Available 24/5.
  • Live Chat: Available 24/5 for instant responses during business hours.
  • Dedicated Account Manager: Available for certain account types.
  • Regional Support: Available in Cairo and Dubai.

 

While there is no 24/7 support, the response times are relatively quick—live chat tends to offer instant responses during business hours. Uinvex also provides a dedicated account manager, depending on your account type, if you need more personalized support.

 

Customer Support

 

Pros and Cons

 

✅ Pros❌ Cons
High leverage is available on forex majors (up to 1:500)Limited educational resources
Competitive spreads are charged, and there are no commission feesNo support for MetaTrader 4 or 5
Fast execution times on tradesLack of VPS hosting
Offers over 300 tradable assets (Forex, stocks, crypto)No advanced trading tools
Simple account registration processNo third-party platform integration
Straightforward user interface on the Web trader and appNo institutional partnership options
Responsive customer support across communication channelsLimited regional support options

 

References:

 

 

In Conclusion

Uinvex is a good option for traders who value straightforwardness and speed. With leverage up to 1:500 and execution speeds of just 12ms, it’s ideal for those who want fast, reliable trades.

The range of over 300 tradable instruments, including Forex, stocks, commodities, and cryptocurrencies, provides a good mix of options for different strategies.

It’s especially appealing for all traders, thanks to its simple platform and accessible account types, like the demo and Islamic accounts.

On the downside, Uinvex doesn’t offer advanced trading tools or third-party platform support, which might limit more experienced traders. The lack of educational resources could also be a concern for beginners who need more guidance.

Faq

Uinvex provides a straightforward, user-friendly platform with a minimum deposit of only $20. It’s an excellent option for beginners because of the user-friendly platform and demo account.

Uinvex provides a retail, Islamic, and demo account. The retail account is ideal for all types of traders, and if you’re just starting, the demo account is ideal; for a swap-free alternative, choose the Islamic account. There are also VIP Account options for professional traders.

When you make your first deposit, you can earn a bonus based on the deposit amount. Note that you must meet the trading volume criteria to keep your bonus.

No, Uinvex’s fee schedule is straightforward—there are no commissions on trades, but a $30 withdrawal charge applies to balances <$300. After six months of no trading activity, there’s also a $10 monthly inactivity fee.

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