UMOFX Discussion
- Website: www.umofx.com
- Founded: 2010
- Company: United Market Oracle International Limited
- Headquarter: Level 10, 17 Albert St, Auckland Central, Auckland, 1010 , New Zealand
- Regulation: no
| International offices | Pakistan |
| Broker Type | ECN/STP |
| Broker Status | Independent Broker |
| Accept U.S Clients |  |
| Live Chat | |
| Phone | +64 9 889 878 |
| Fax | – |
| [email protected] | |
| Website Languages | Chinese, English, Indonesian, Malay, Vietnam |
Account Information
| Free Demo Account | |
| Min. Deposit | $1 |
| ECN account | |
| Account Currencies | USD • EUR |
| Maximum Leverage | 1000:1 |
| Minimal Order Volume | 0.01 |
| Segregated accounts |  |
| Swap-free Accounts | |
| MAM/PAMM accounts | MAM |
| Managed account | |
| Interest on margin | |
| Deposit/ Withdraw Options | WebMoney • Skrill (Moneybookers) • Perfect Money • Bank Wire • Visa/ Mastercard • cashU |
Trading Terms
| Trading Platforms | MetaTrader 4 |
| Precision pricing | 4/5 digits |
| Type of Spread | Fixed/Floating |
| Commission | $2.7 – $3.5: standard, ECN account |
| Lowest spread on EURUSD | 2 pips |
| Scalping | |
| Hedging | |
| Expert Advisors | |
| One-click execution | |
| OCO orders | |
| Mobile Trading | |
| Web Trading | |
| Gold, Silver | |
| CFDs | |
| Other Trading Instruments | |
| Promotion | UMOFX bonus |
| Trading Contests | UMOFX contest |
What’s new
May 16, 2013: updated account information and trading terms.
VO HOANG PHI PHUNG says
This is a scam broker. I do not understand why management agency broker licensed to operate in order to steal money from customers. I opened a new account with this broker, I deposited $ 300 amount. I conducted the transaction and incurred losses. The remaining money in my trading account is $ 287 and I withdraw this money. But they deliberately did not handle my withdrawal order. I send a lot of email to the finance department and support but they did not answer me. This is a scam broker. I look forward to authorities and agencies have licensed broker activity investigate and revoke its business license so that it has no chance of defrauding money to other investors. Stay away from this broker. It is very bad and very bad …!
Mohd raez says
http://www.umofx.com Live chat and Technical Support is very bad. if we ask something thy are delay, can’t get any useful information. And maximum time live chat show offline.
SUPARMAN says
You can check your personal Manager. As i know umofx offer personal manager. Check your personal manager tab. My manager skype id : sh.umofx maybe you can contact with him.
Ashish says
They have a very simple and clean client are in the website. verification process is also nice and hassle free. they though dont have any contests or offers running, but i think they should have some contests in near future.
Other than that, there is nothing more i have to complain about this broker. A regulated broker with low minimum deposit and high leverage, just the spreads are somewhat higher than the other brokers.
Leong says
I have trading with them about 3 months and quite satisfied with them. They offer small trader like me to trading with them with small amount orders and their support also very friendly. Nice using their services.