Unitedpips Review 2024

Regulations: IFSA

Instruments: Forex Pairs, Precious Metals, Cryptocurrencies

Unitedpips offers three distinct account types to meet the diverse needs of its clients: Standard, Premium, and VIP. Each account type is designed with competitive features, allowing traders to choose the one that best aligns with their trading style and goals. The most remarkable feature across all account types is their competitive spreads, which offer significant cost advantages. While each account also includes unique benefits, such as varying leverage options and additional tools, we will dive deeper into these features further on, helping traders understand the full scope of what each account type offers.

Standard Account

Unitedpips' Standard account is perfect for beginner traders, requiring a minimum deposit of just $1 while offering access to all available trading instruments on the platform. This account is tailored to help new traders get started with essential trading features, all while benefiting from competitive conditions. The minimum lot size is 0.01, with a maximum lot size of 1, and allows up to 20 open positions. With leverage up to 1:1000, it suits traders seeking higher risk-reward opportunities. The account includes a maximum bonus of $500, with a 60% margin call, a 30% stop-out level, and a 50% hedge margin.

Premium Account

Unitedpips' Premium account is tailored for experienced traders seeking enhanced trading conditions. With a minimum deposit of $2,000, it offers tighter spreads and access to all available trading instruments. The minimum lot size is 0.01, with a maximum lot size of 10, and traders can open up to 100 positions simultaneously. Leverage goes up to 1:500, catering to those looking to maximize their trading potential. The account includes a maximum bonus of $1,000, with a 50% margin call, a 30% stop-out level, and a 50% hedge margin.

VIP Account

Unitedpips' VIP account is designed for high-volume and professional traders seeking premium trading conditions. With a minimum deposit of $10,000, this account provides access to tighter spreads and advanced trading tools. The minimum lot size is 0.01, with a maximum lot size of 100, and traders can open up to 200 positions simultaneously. Leverage is available up to 1:200, making it ideal for managing larger trades. The VIP account offers a maximum bonus of $2,000, with a margin call set at 30%, a stop-out level at 10%, and a hedge margin of 25%, giving traders optimal flexibility and risk management.

Unitedpips Leverage

Unitedpips offers leverage of up to 1:1000, allowing traders to significantly amplify their positions. However, the maximum leverage available depends on the type of trading account and the trader's balance. If your account balance exceeds a certain threshold, the available leverage is adjusted accordingly, as detailed in their leverage policies. Additionally, while Unitedpips does not offer leverage on cryptocurrency trades, they do provide a margin percentage of 20%, which is equivalent to 1:5 leverage. This structured approach ensures traders have the flexibility to manage risk while maximizing their trading potential. More details can be found at the link provided.

Unitedpips offers a wide range of deposit and withdrawal options, ensuring that traders from various regions can easily manage their funds. The platform is designed to process all transactions securely and efficiently, giving traders peace of mind when moving money in and out of their accounts. Unitedpips does not charge any fees for deposits, making it cost-effective for traders to fund their accounts. However, potential withdrawal fees may vary depending on the method used. In the following paragraphs, we will discuss the available deposit options and withdrawal methods in greater detail, as well as the associated fees to ensure traders have full clarity on all transactions.

Unitedpips Deposit Options and Fees

Unitedpips offers a variety of convenient deposit options, ensuring that traders can fund their accounts quickly and efficiently. Deposits are usually processed within minutes, if not instantly. The broker supports three gateways for credit/debit/visa/master cards, one gateway for American Express, and also offers popular options like Zelle, Perfect Money, and a variety of cryptocurrencies. For cryptocurrency users, Unitedpips provides an added benefit with up to a 10% discount on each deposit made via crypto. Deposits using BTC or ETH are processed instantly, meaning as soon as the transaction is uploaded on the blockchain, the trader's account is credited without waiting for confirmations. Additionally, Unitedpips does not charge any deposit fees, enhancing its appeal to cost-conscious traders.

Unitedpips Withdrawals Options and Fees

Unitedpips offers a variety of withdrawal options similar to its deposit methods, including credit/debit cards, e-wallets, Zelle, Perfect Money, and cryptocurrencies. Additionally, PayPal is available for withdrawals, providing more flexibility for traders. Withdrawal fees may vary depending on the method and region, but Unitedpips ensures that they remain low. Processing times for withdrawals via cryptocurrencies and e-wallets typically range from 1 to 24 hours, while card withdrawals might take several business days, and PayPal withdrawals are processed within 72 hours. For full transparency, all withdrawal fees are outlined in detail in the table below, allowing traders to review costs before choosing a withdrawal method. For more detailed information, you can visit this link.

Unitedpips keeps its fee structure simple by only charging a fixed spread, with no additional fees like commissions or swaps. Unlike many other brokers, Unitedpips does not impose any non-trading fees, such as withdrawal or inactivity charges. This transparent approach ensures that traders only need to consider the fixed spread when calculating their trading costs, making it easier to manage expenses without worrying about hidden fees or unexpected charges. Below, we will discuss these fees in more detail, helping traders understand how they might impact overall profitability.

Unitedpips Trading Fees

Unitedpips offers a straightforward fee structure across all account types, charging no commissions or swaps on any of their accounts. Instead, traders are only required to pay a fixed spread, which varies depending on the instrument and account type. Premium and VIP account holders enjoy lower fixed spreads, making these options especially attractive for high-volume and frequent traders. Standard account holders also benefit from competitive fixed spreads, ensuring that even beginners can trade cost-effectively. This transparent pricing model allows traders to easily understand their costs upfront. The details of the fixed spread structure will be explained in the next paragraph.

Unitedpips Spreads

Unitedpips offers variable spreads that differ based on the account type and the currency pair being traded. Major currency pairs, such as EUR/USD, typically enjoy tighter spreads, especially on premium and VIP accounts. For example, the EUR/USD spread can be as low as 0.7 pip on the VIP account, providing significant cost advantages for frequent traders. While spreads are slightly wider on standard accounts, they remain competitive, making Unitedpips an appealing choice for all trader levels. The broker's goal is to offer attractive spreads across all account types, ensuring traders can benefit from cost-effective trading regardless of their account tier. You can see the full spread table at this link.

Unitedpips Non-Trading Fees

Unitedpips keeps non-trading fees to a minimum, offering a highly transparent fee structure. The broker does not charge any fees for inactivity or deposits, allowing traders to maintain and fund their accounts without worrying about hidden costs. The only fees traders need to consider are the fixed spreads mentioned earlier. However, potential withdrawal fees may apply depending on the withdrawal method chosen, which will be detailed in a separate section. Unitedpips prioritizes transparency, and all applicable fees are clearly outlined on their website, ensuring traders are fully informed about any costs before making transactions.

Unitedpips' 40% deposit bonus is one of its most appealing promotional offers, designed to attract both beginner and experienced traders looking to increase their trading capital. This bonus provides a simple and effective way to enhance trading power, making it a popular choice among Unitedpips clients. The bonus is available to both new and existing traders. To qualify, traders only need to make a minimum deposit into their trading account, instantly boosting their available funds and allowing for more flexible trading opportunities. This offer is a great incentive for traders seeking to maximize their capital and trading potential.

Unitedpips 40% Deposit bonus

When a qualifying deposit is made, Unitedpips instantly credits a 40% bonus to the trader’s account. For instance, depositing $1,000 adds an extra $500, giving the trader a total of $1,500 to trade with. The maximum bonus amount varies based on the account type, offering flexibility to meet individual trading needs. This bonus is fully tradable, allowing traders to open larger positions and support their live trades. However, while the bonus boosts trading leverage, it cannot be withdrawn at all.

Unitedpips places a strong emphasis on trader education, understanding that informed traders are more likely to succeed. They provide a wide range of educational resources to enhance the trading skills and market knowledge of their clients, catering to all experience levels. Below, we'll dive into the details.

• Trading Guides: Unitedpips offers comprehensive written tutorials that cover the fundamentals of forex trading, technical and fundamental analysis, and risk management strategies. These guides are ideal for beginners looking to build a strong trading foundation. 
• Technical & Fundamental Analysis: To help traders make informed decisions, Unitedpips provides regular market analysis, including daily and weekly market updates, economic calendars, and trading signals. By staying informed with the latest market trends and news, traders can better predict market movements and fine-tune their strategies.
• Demo Accounts: Unitedpips offers demo accounts that allow traders to practice trading with virtual funds. This feature is especially valuable for beginners, offering a risk-free environment to apply their knowledge and test their strategies in real market conditions without risking real money.

Through these educational tools, Unitedpips equips traders with the knowledge and confidence needed to navigate the markets successfully.

Unitedpips accepts traders from a wide range of countries across the globe, offering its services to a diverse international client base. However, certain regions may face restrictions due to regulatory requirements or local laws. Traders are advised to visit the Unitedpips website to verify whether their country is eligible for trading on the platform. This ensures compliance with legal standards and helps traders understand any specific limitations that may apply to their region before opening an account.

Restricted Countries

Regrettably, Unitedpips cannot accept clients from several restricted countries due to regulatory and legal limitations. These countries include Pakistan, Bangladesh, Indonesia, North Korea, Syria, Sudan, Iran, Nigeria, Russia, China, Italy, and other nations currently under heavy sanctions. Traders from these regions are prohibited from opening accounts or accessing Unitedpips' services. For a complete and updated list of restricted countries, traders are encouraged to check the Unitedpips website.