Litecoin Trading | UBCFX Review | Forex Crypto Broker
UBCFX Litecoin Broker is an young and fresh investment company & financial service provider that offers financial trading services to traders from around the world.
- Operational Since: 2017
- Country where domiciled: Dublin | Ireland
- Broker Status: Independent broker
- Broker Type: STP
- US Clients Accepted: NO
- email : firstname.lastname@example.org
as a broker that is just starting to build its reputation they aim for traders of the intermediate level. their trading platforms are the latest in the market and their cryptocurrency offering is among the best in the industry.
Litecoin is one of the most popular cryptocurrencies used by traders today, as there is plenty of trade volume and price is volitile enough to profit from.
Litecoin uses open source software to create a peer-to-peer cryptocurrency and has surged in trading popularity in recent years, gaining the nickname of Bitcoin’s little brother.
UBCFX Litecoin Broker Trading Conditions
|Symbol||Units||Spread||Margin Requirements||Leverage||Swap||Trading Amount (Min – Max)|
|LTCEUR.||LTC||Fixed: 50||20%||1:05||Short: 0, Long: 0||10-100,000,000, in steps of 10 LTC|
|LTCUSD.||LTC||Fixed: 60||20%||1:05||Short: 0, Long: 0||10-100,000,000, in steps of 10 LTC|
the other crypocurrencies they offer for trading are
as you can see , you as a trader are able to trade several other cryptocurrencies against the dollar as well as against the Euro.
Cryptocurrency Trading conditions
- swap free trading
- low leverage
- clear margin call % requirement
- Fixed or variable Spread
- able to go short or long
the website is minimal in providing information in some asspects and more then proficiant in other aspects. for me there is not enough information about the trading patforms as one of the trading platforms was new to me
other then that ( and we will go into the platforms later ) this is what UBCFX offers to its Traders
All the information you need to open an account with UBCFX and start trading are present on the site
UBCFX Special Features
- UBCFX VIP Card
- Easy access to your profits
- Funds are safe
- Use online and withdraw
- Swap Free Account ( UBCFX Islamic Account)
- Trade with no hidden fees
- No charges on overnight positions
- Positions can be held with no time limit
- Different trading platforms
- Sirix Station
- Sirix WebTrader and Mobile Trader
- Activat8 Platfom
UBCFX Trading Platforms
UBCFX offers currency and cryptocurrency trading with tight, competitive spreads to both retail and institutional investors.
This is done on the Sirix trading platform and the Active8 Trading platform . both these platforms are developed by Leverate software company.
The UBCFX Sirix Trading platforms is offered in a version for the desktop, webtrader and mobile trader
this platform offer a great range of trading opportunities for investors from all levels of expertise: Advanced Technical Analysis, Flexible Trading System, Algorithm trading and Expert Advisers, and an overall comprehensive user interface.
The platform comes in all different languages and provides traders from all over the world the possibility to trade Litecoin in their native Language.
Sirix also offers module called” sirix copykat service” and this is a social trading and copy trading platform.
this adds the following options to the platforms
- search for successful traders and see stats and details of these traders.
- watch and monitor other traders’ trading activities
- see social trend indicators as what the trading community is doing
- copy trades of the successful traders
UBCFX ACTIV8 Trading Platform
The UBCFX Active8 Webtrader is a new trading platform and aims for the new trader / millennial trader audience that are used to a different user interface.
As a trader you are able to customize it in such a way that it becomes your trading platform. if offers build in Trading strategies and is one ofthe most intuative trading pltforms you will find in this industry.
this is a very cool platform for every broker to offer and we expect to see more Forex brokers with this UBCFX active8 trading platform
UBCFX Account types.
UBCFX offers 3 types of live accounts.
All accounts offer the following :
- Daily signals
- Daily Market Review
- Balance Protection – losses will not exceed your deposits.
- Direct Execution – as a non-dealing desk broker, there is no human intervention in your trades.
- Support – Multilingual customer support available 24/5
- Hedging allowed
- Silver account – $ 500,
- gold account – $2,000
- Platinum account – $5,000.
The differences between the accounts you will find in the spread, leverage and events where you will be invited.
in addition there are 2 special accounts
- UBCFX demo Account home page for trading on demo
- UBCFX Forex Islamic Account thou most of the trading activity is already swap free making it basically an Islamic account and broker .
RISK WARNINGS: Trading in forex and Contracts for Difference (CFDs) is highly speculative and involves a significant risk of loss. Such trading is not suitable for all investors so you must ensure that you fully understand the risks before trading. Please read the “Risk Disclosure Document” which gives you a fuller explanation of some of the risks involved.