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UAG Markets

4.4 / 10 Overall Score

Website: https://www.uagmarkets.com/
Jurisdiction: Cambodia
Operating Since: 2-5 years
Regulatory Status: N/A

Score Breakdown

License
Regulation
Business
Risk Control
Software

Company & Contact

Legal Name: UAG Trade Asia Co., LTD.
Phone: 85581885881
Email: support@uagmarkets.com
Address: —

License Info: —

In-Depth Broker Review

What’s inside: Company overview, account types, and deposit & withdrawal guidance.

Company Profile
Account Types
Deposit & Withdrawal

Broker Details

# UAG Markets Company Overview

UAG Markets company operates as a forex and CFD broker, providing a platform for trading various financial instruments, including forex pairs, commodities, and indices. The company was established in 2016 and is a trading name for UAG Trade Asia Co., Ltd. This organization aims to facilitate access to global financial markets, catering to both novice and experienced traders.

The parent company, UAG Trade Asia Co., Ltd., is registered in Cambodia, where it maintains its headquarters at No. A 10, Village 1, Sangkat Sras Chork, Khan Daun Penh, Phnom Penh City. UAG Markets company primarily focuses on serving clients in the Asia-Pacific region, while also making its services available globally.

# Corporate Development

Since its inception in 2016, UAG Markets company has aimed to establish itself as a credible player in the online trading space. However, it has faced challenges with regulatory compliance and customer trust due to its unregulated status. The company has expanded its offerings over the years by introducing multiple account types and trading instruments, although it continues to seek growth opportunities primarily in emerging markets within Asia.

# Regulation and Compliance

UAG Markets company currently lacks proper regulatory oversight and has been flagged by various financial watchdogs, including WikiFX, as an unregulated broker. This absence of regulation raises significant concerns about the safety of client funds and the integrity of its trading practices. UAG Markets does not provide robust client fund protection measures, which increases the risk of potential fund loss for traders. The company operates under the legal entity of UAG Trade Asia Co., Ltd., registered in Cambodia, but its unregulated status limits its ability to operate in regions with strict regulatory requirements.

# Global Presence and Market Coverage

UAG Markets company primarily serves clients in the Asia-Pacific region, aiming to attract traders from other global markets. However, its lack of regulation may deter potential clients, particularly those who are risk-averse. The company does not specify any local branches or representative offices outside its headquarters in Cambodia.

# Financial and Operational Data

Specific financial data regarding UAG Markets company, such as employee count or transaction volume, is not disclosed in the available data. The company operates with a focus on providing a user-friendly trading platform and has invested in the widely recognized MetaTrader 4 (MT4) trading platform, which is accessible via desktop and mobile devices.

# Reputation and Industry Standing

The perception of UAG Markets company within the forex and financial community is mixed, primarily due to its unregulated status. Publicly available reviews indicate concerns regarding withdrawal issues and the overall trustworthiness of the broker. The absence of significant awards or recognitions further complicates its reputation, and the lack of regulatory approval raises red flags for potential investors.

# Summary

In summary, UAG Markets company operates as a forex and CFD broker with a focus on the Asia-Pacific region. While it offers a variety of trading instruments and account types, the lack of regulatory oversight poses significant risks to potential investors. Traders are advised to conduct thorough research and consider regulated alternatives before engaging with UAG Markets company. The company's operational integrity and market presence are overshadowed by its unregulated status, highlighting the importance of caution for prospective clients.

Account Types

# UAG Markets Account Types

UAG Markets offers various account types tailored to meet the diverse needs of traders. Below are the details of the available account types:

### 1. Micro Account
- **Minimum Deposit Requirement:** $10
- **Spreads:** Raw spreads from 1.3 pips
- **Commission Model:** $0 commission
- **Leverage Limits:** Up to 1:500
- **Trading Instruments Available:** 
  - 38 forex pairs
  - 2 metals pairs
  - 3 energies pairs
  - 12 indices
- **Base Currencies Supported:** Not specified
- **Execution Model:** Not specified
- **Unique Features:** EA (Expert Advisor) allowed, negative balance protection, swap-free

### 2. Standard Account
- **Minimum Deposit Requirement:** $10
- **Spreads:** Average spread of 1.3 pips
- **Commission Model:** $0 commission
- **Leverage Limits:** Up to 1:500
- **Trading Instruments Available:** 
  - 38 forex pairs
  - 2 metals pairs
  - 3 energies pairs
  - 12 indices
- **Base Currencies Supported:** Not specified
- **Execution Model:** Not specified
- **Unique Features:** EA allowed, negative balance protection, swap-free

### 3. ECN Account
- **Minimum Deposit Requirement:** $100
- **Spreads:** Raw spreads from 0.0 pips
- **Commission Model:** Commission from $4
- **Leverage Limits:** Up to 1:100
- **Trading Instruments Available:** 
  - 38 forex pairs
  - 2 metals pairs
  - 3 energies pairs
  - 12 indices
- **Base Currencies Supported:** Not specified
- **Execution Model:** ECN
- **Unique Features:** EA allowed, negative balance protection, swap-free

### 4. Islamic Accounts
- **Minimum Deposit Requirement:** Not specified
- **Spreads:** Not specified
- **Commission Model:** Not specified
- **Leverage Limits:** Not specified
- **Trading Instruments Available:** Not specified
- **Base Currencies Supported:** Not specified
- **Execution Model:** Not specified
- **Unique Features:** All accounts are swap-free, catering to Muslim traders.

# UAG Markets Broker Account Opening Process

To open an account with UAG Markets, follow these steps:

1. **Visit the Registration Page:**
   - Go to the official UAG Markets website and navigate to the account registration section.

2. **Complete the Registration Form:**
   - Fill out the required personal information, including your name, email, and phone number.

3. **Account Verification:**
   - After registration, you will need to verify your identity. This may involve providing identification documents as part of the KYC (Know Your Customer) process.

4. **Minimum Deposit:**
   - Fund your account with the minimum deposit amount required for the account type you choose (e.g., $10 for Micro and Standard accounts).

5. **Approval Time:**
   - The approval time for your account may vary, but you will typically receive confirmation shortly after your application is submitted.

6. **Access Trading Platforms:**
   - Once your account is approved and funded, you can access the trading platforms offered by UAG Markets, including MetaTrader 4 (MT4).

7. **Optional Steps for Demo Accounts:**
   - If you wish to practice trading, you can also open a demo account, which allows you to trade with virtual funds without risk.

By following these steps, you can successfully open an account with UAG Markets and start trading.

Deposit & Withdrawal

# UAG Markets Deposit & Withdrawal Guide 2025: Methods, Limits, and Processing Times Explained

## UAG Markets Minimum Deposit Explained

### Exact Minimum Deposit Amount

The minimum deposit for UAG Markets is $10 for both the Micro and Standard account types. For the ECN account, the minimum deposit requirement is $100.

### Account-Type Comparison

| Account Type   | Minimum Deposit | Leverage   | Spread Type      | Commission |
|----------------|------------------|------------|------------------|------------|
| Micro Account   | $10              | Up to 1:500| Raw spreads from 1.3 pips | $0         |
| Standard Account| $10              | Up to 1:500| Average spread 1.3 pips | $0         |
| ECN Account     | $100             | Up to 1:100| Raw spreads from 0.0 pips | From $4    |

### Regional Differences

While the minimum deposit remains consistent across various regions, the availability of local deposit methods may vary based on the client's location.

### Advantages
1. **Low Entry Barrier**: With a minimum deposit of $10, it is accessible for beginner traders.
2. **Multiple Account Types**: Offers flexibility to cater to different trading strategies and experience levels.
3. **High Leverage**: Traders can leverage their investments significantly, enhancing potential returns.
4. **No Commission on Certain Accounts**: For Micro and Standard accounts, there are no commissions on trades, which can be cost-effective.

### Disadvantages
1. **Higher Minimum for ECN**: The $100 minimum for the ECN account may be a barrier for some traders.
2. **Limited Leverage on ECN**: The leverage is capped at 1:100 for ECN accounts, which may not suit all traders’ strategies.
3. **Potential for Higher Spreads**: While ECN accounts offer lower spreads, they come with a commission, which can add to trading costs.
4. **Inconsistent Local Methods**: Availability of local deposit methods may vary by region, potentially complicating the deposit process.

### Competitor Comparison

Compared to other brokers, UAG Markets offers a relatively low minimum deposit requirement. Many competitors require a minimum deposit of $100 or more for their standard accounts. This positions UAG Markets favorably for new traders seeking to start with minimal investment.

## UAG Markets Deposit Methods Comprehensive Guide

### Available Deposit Methods

1. **Online Bank Transfer**
   - **Processing Time**: Instant
   - **Fees**: None charged by UAG Markets (may vary by bank)
   - **Availability**: MYR, THB, SGD, IDR, VND
   - **Limits**: $10 - $10,000
   - **Pros**: Fast processing, high limits.
   - **Cons**: May incur bank fees.

2. **Cryptocurrency**
   - **Processing Time**: Up to 1 hour
   - **Fees**: None charged by UAG Markets (blockchain fees may apply)
   - **Availability**: Generally available for all clients.
   - **Limits**: $100 - $10,000
   - **Pros**: Fast and secure, global availability.
   - **Cons**: Price fluctuations may affect deposit amount.

3. **Bank Wire**
   - **Processing Time**: 1-7 business days
   - **Fees**: None charged by UAG Markets (bank fees may apply)
   - **Availability**: Global
   - **Limits**: $1,000 - $10,000
   - **Pros**: Secure for larger amounts.
   - **Cons**: Longer processing time.

4. **PayPal**
   - **Processing Time**: Up to 1 hour
   - **Fees**: None charged by UAG Markets (PayPal fees may apply)
   - **Availability**: Global
   - **Limits**: $25 - $10,000
   - **Pros**: Instant processing, widely used.
   - **Cons**: PayPal fees may reduce deposit amount.

5. **Local Depositor (MY)**
   - **Processing Time**: Up to 24 hours
   - **Fees**: None charged by UAG Markets
   - **Availability**: Malaysia
   - **Limits**: $10 (no maximum specified)
   - **Pros**: Convenient for local users.
   - **Cons**: Limited to Malaysian clients.

### Supported Currencies and Recommended Methods

UAG Markets supports multiple currencies for deposits, including USD, MYR, THB, SGD, IDR, and VND. For speed and convenience, cryptocurrency and PayPal are recommended for quick deposits.

## UAG Markets Deposit Steps Explained

### Step-by-Step Deposit Procedure

1. **Log in to Your Client Cabinet**: Access your UAG Markets account using your credentials.
2. **Navigate to the Deposit Section**: Find the funding or deposit option in the client cabinet.
3. **Select Your Preferred Method**: Choose from the available deposit methods.
4. **Enter Deposit Amount**: Specify how much you wish to deposit, ensuring it meets the minimum requirement.
5. **Confirm Transaction**: Follow the prompts to finalize your deposit.

### Mobile vs Web Differences

The deposit process is similar on both mobile and web platforms, though mobile may have a more streamlined interface for quick transactions.

### KYC Notes and Common Issues with Solutions

- **KYC Verification**: Ensure your identity documents are submitted as required. Deposits may be delayed if KYC is not completed.
- **Common Issues**: If a deposit fails, check for incorrect payment details or insufficient funds in your chosen payment method.

### Typical Fund Crediting Times

Most deposits are credited instantly, while bank wires may take 1-7 business days, depending on the bank.

## UAG Markets Withdrawal Methods Overview

### Available Withdrawal Channels

1. **Online Bank Transfer**
   - **Processing Time**: 24 hours
   - **Fees**: None charged by UAG Markets (bank fees may apply)
   - **Limits**: $25 - $2,000
   - **Pros**: Secure and reliable.
   - **Cons**: May incur bank fees.

2. **Cryptocurrency**
   - **Processing Time**: 24 hours
   - **Fees**: None charged by UAG Markets (blockchain fees may apply)
   - **Limits**: $100 - $10,000
   - **Pros**: Fast and secure.
   - **Cons**: Price fluctuations may affect withdrawal amount.

3. **Bank Wire**
   - **Processing Time**: 1-7 business days
   - **Fees**: None charged by UAG Markets (bank fees may apply)
   - **Limits**: $1,000 - $10,000
   - **Pros**: Suitable for larger amounts.
   - **Cons**: Longer processing time.

4. **PayPal**
   - **Processing Time**: 24 hours
   - **Fees**: None charged by UAG Markets (PayPal fees may apply)
   - **Limits**: $25 - $5,000
   - **Pros**: Quick and easy.
   - **Cons**: PayPal fees may reduce withdrawal amount.

5. **Local Withdrawal (MY)**
   - **Processing Time**: Up to 24 hours
   - **Fees**: None charged by UAG Markets
   - **Limits**: $10 (no maximum specified)
   - **Pros**: Convenient for local users.
   - **Cons**: Limited to Malaysian clients.

### Recommended Options by Cost and Speed

For quick access to funds, PayPal and cryptocurrency withdrawals are recommended due to their speed, although they may incur fees.

## UAG Markets Withdrawal Steps Explained

### Step-by-Step Withdrawal Instructions

1. **Log in to Your Client Cabinet**: Use your credentials to access your account.
2. **Navigate to the Withdrawal Section**: Locate the withdrawal option in your client cabinet.
3. **Select Withdrawal Method**: Choose from the available withdrawal methods.
4. **Enter Withdrawal Amount**: Ensure it meets the minimum withdrawal requirement.
5. **Confirm Transaction**: Follow the prompts to finalize your withdrawal.

### ID Verification Requirements

To process withdrawals, ensure your account is verified with the necessary identification documents. This can expedite the withdrawal process.

### Expected Fund Arrival Time

Withdrawal processing times vary by method, with most options taking up to 24 hours, while bank wires may take 1-7 business days.

### Typical Delay Reasons and Fixes

- **Bank Processing Delays**: May occur with bank wires; check with your bank for updates.
- **Incomplete KYC**: Ensure all identity verification is complete to avoid delays.

## FAQs – UAG Markets Deposits & Withdrawals

### What is the minimum deposit for UAG Markets?
The minimum deposit for UAG Markets is $10 for Micro and Standard accounts, and $100 for ECN accounts.

### How long do withdrawals take?
Withdrawals typically take up to 24 hours for most methods, while bank wires may take 1-7 business days.

### Are there fees for deposits or withdrawals?
UAG Markets does not charge fees for deposits or withdrawals, but third-party fees may apply depending on the payment service provider.

### Can the same method be used for both?
Yes, generally the same method used for deposits can also be used for withdrawals.

### Are crypto or local methods supported?
Yes, UAG Markets supports cryptocurrency deposits and withdrawals as well as local deposit and withdrawal methods for specific regions, such as Malaysia.

Disclaimer: This card is for informational purposes only and does not constitute investment advice. Always verify details with official disclosures and regulators.

UAG Markets

UAG Markets

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