Forex Broker Review – UmoFX.com New Zealand Based Forex Broker
Below is a review of online forex broker UmoFX.com. UmoFX is based in New Zealand. Below is a list of the most common questions about UmoFX.com that traders ask.
Owned by UNITED MARKET ORACLE INTERNATIONAL LIMITED
Broker reviews - UmoFX.com
Where is UmoFX.com forex trading broker based
UMO FX is based in New Zealand its address is:
Level 10, 17 Albert St,
Is UmoFX.com a licensed and regulated forex broker
Details of the license, registration and regulation of this fx broker can be found on their website.
Regulated in New Zealand by Financial Services Provider register, FSPR, license number:
What is the execution method of UmoFX.com
STP/ ECN execution of forex orders
Trading Instrument Provided For Trading
What are the forex account types of UmoFX
Accounts provided are:
- Mini4 Account
- Mini5 Account
- Standard Account
- ECN Account
- VIP Account
Margin Call Level for ECN and VIP Accounts – 100%
Does UmoFX forex broker have Islamic Forex Accounts
UMO FX provides Swap Free Islamic Accounts
What are the terms for forex trading demo accounts
A demo account is provided for mini4, mini 5, ECN and Standard demo accounts
How is the withdraw and deposit process of UmoFX.com
Bank wire, Credit cards, Neteller, Skrill, Perfect Money, CashU and FasaPay money transfer methods are provided for deposit and withdraw of funds.
Withdraw and Deposit
Credit Card Withdraw and Deposit Fees: 3-5%
Bank Wire Withdraw and Deposit Fees: $25
CashU Fees 1- 7%
FasaPay, PerfectMoney Fees 0.5%
Skrill Fees 1%
What is the minimum account opening capital
$1 dollar is the minimum account opening balance
- Mini4 - $1
- Mini5 - $1
- Standard - $250
- ECN - $500
- VIP - $5,000
Does UmoFX.com give an account opening deposit bonus
UMO FX provides a 30 % account opening bonus up to $2,000
What is the security and reliability of UmoFX.com
What is the rating for UmoFX.com security and reliability
Regulated in New Zealand by Financial Services Provider register, FSPR
UMO FX implements segregated bank accounts
Does UmoFX.com accept forex scalping
UMOFX allows forex scalping
Does UmoFX give free forex education to traders
This forex broker provides a learn currency trading education for forex trading online where traders can get introduction to forex tutorials, fundamental analysis and technical analysis tutorials and a glossary of forex trading terms.
What are the forex trading platforms of UmoFX
MetaTrader 4 MultiTerminal
Is UmoFX.com a MetaTrader 4 forex broker
UmoFX.com provides MetaTrader 4 forex software which is the best platform according to reviews.
Does UmoFX.com allow automated forex trading
The forex brokers’ policy for automated forex trading is:
This broker allows automated forex trading execution their MetaTrader 4 forex trading platform.
What are UmoFX broker website information sections
The website information sections of this broker are:
Account section: where forex traders will find information about forex accounts such as forex demo account, forex practice account and live forex accounts provided by this forex currency broker. Traders wanting to start foreign currency trading can open an account from this section.
Contact Section: there is a section of contacts for this fx broker, where a trader can contact this forex online broker.
Trading Platforms section: this section provides platforms where a trader can choose one for trading online.
FAQ Section: for information about this forex broker and about general forex trading topics
Tools Section: where traders can get bank holidays calendar, interests rates table and calculators; such as profit calculator pip value calculator, margin calculator and swap calculators.