Uinvex provides a diverse range of over 300 instruments including forex, stocks, indices, commodities, and cryptocurrencies, with high leverage options up to 1:500 specifically for forex. The broker is recognized for its fast trade execution speeds of 12ms and adheres to strict safety measures like client fund segregation and anti-money laundering regulations. Uinvex’s trading platform supports multiple currencies and offers features like negative balance protection, but lacks investor protection schemes and institutional accounts. The minimum deposit requirement is accessible at $20, and the platform includes options for both demo and Islamic accounts, catering to a variety of traders. Uinvex is not publicly traded and operates under the regulatory framework of St. Vincent and the Grenadines.
Invest in Cryptocurrencies with Uinvex
Join Uinvex today to experience superior crypto trading with high leverage, rapid execution speeds, and robust security measures!
| Feature | Detail |
|---|---|
| Instruments | Over 300 including forex, stocks, indices, commodities, and cryptocurrencies |
| Leverage | Up to 1:500 for forex trading |
| Execution Speed | 12 milliseconds |
| Regulation | Registered in St. Vincent and the Grenadines |
| Minimum Deposit | $20 |
Trading Conditions and Platform Features
Uinvex distinguishes itself with a proprietary trading platform accessible via web and Android app, designed for straightforward and efficient trading. The platform boasts an impressive order execution speed of 12 milliseconds, which is crucial for traders who rely on timeliness in volatile markets. With leverage up to 1:500 available for forex trades, Uinvex allows traders to maximize their trading potential while maintaining competitive spreads starting from 1.3 pips on major currency pairs.
Safety and regulatory compliance are paramount at Uinvex. The broker is registered in St. Vincent and the Grenadines under incorporation number 26037 BC 2020, providing a regulated environment that ensures transparency and security for client investments. Client funds are segregated, which means they are kept in separate accounts from the company’s funds, providing an additional layer of security. Furthermore, Uinvex adheres to stringent anti-money laundering protocols and requires comprehensive identity verification to safeguard both the platform and its users.
Check out the Trading Conditions
Account Features and Support
Uinvex offers a streamlined account setup that is suitable for both beginners and seasoned traders. The minimum deposit is set at a low $20, making it accessible for traders with various budgets. The platform supports two primary currencies, USD and EUR, and provides flexible deposit and withdrawal options, including Visa/Mastercard, cryptocurrency, and bank transfers.
Customer support is a standout feature, with Uinvex offering assistance via live chat, email, and phone. Support is available 24/5, ensuring that traders can get help whenever needed. The broker’s focus on user experience is evident in its commitment to providing timely and helpful customer service.
See Comparison of Account Types
Educational and Trading Resources
While Uinvex offers limited educational resources, it compensates with advanced trading tools like economic calendars, market news updates, trading signals, and technical analysis tools. These resources are valuable for making informed trading decisions. The absence of comprehensive educational materials might be a drawback for beginners, but the available tools are sufficiently robust for experienced traders to navigate the markets effectively.
Invest in Cryptocurrencies with Uinvex
Islamic Account and Swap Fees
Uinvex is inclusive of various trading preferences and offers a swap-free Islamic account, catering to traders who follow Sharia law. This account type exempts users from swap fees for a period of 14 days on most instruments, after which standard charges apply.
Uinvex is a robust trading platform that offers a wide range of instruments, advanced trading tools, and a focus on security and speedy execution. It is an attractive option for traders looking for a regulated environment with competitive trading conditions. While it could improve by expanding its educational offerings and providing support for more platforms and features, Uinvex remains a compelling choice for traders who value efficiency and a user-friendly trading experience.
- What trading instruments does Uinvex offer?
- Uinvex offers over 300 instruments, including forex, stocks, indices, commodities, and cryptocurrencies.
- What leverage can I use for forex trading on Uinvex?
- Uinvex provides leverage of up to 1:500 for forex trading.
- How fast are trade executions on Uinvex?
- Uinvex boasts rapid trade execution speeds of 12 milliseconds.
- Is Uinvex regulated?
- Yes, Uinvex is regulated and registered in St. Vincent and the Grenadines.
- What is the minimum deposit required to open an account?
- The minimum deposit required to trade with Uinvex is $20.
- Does Uinvex offer demo accounts?
- Yes, Uinvex provides a demo account option for new traders.
- Are Islamic accounts available at Uinvex?
- Yes, Uinvex offers Islamic swap-free accounts.
- What are the deposit and withdrawal options?
- Uinvex accepts deposits and withdrawals via Visa/Mastercard, cryptocurrency, and bank transfers.
- Does Uinvex provide any educational resources?
- Uinvex offers limited educational resources but includes tools like an economic calendar and market news updates.
- What safety measures does Uinvex implement?
- Uinvex ensures safety with measures like client fund segregation and compliance with anti-money laundering regulations.
Invest in Cryptocurrencies with Uinvex
Step-by-Step Guide to Registering with Uinvex
Eligibility and Required Documents
- Minimum Age
- 18 years or the legal age in your country of residence
- Restricted Jurisdictions
- Accounts cannot be opened from the U.S. or other sanctioned regions
- Documents Required
- Valid ID, proof of address, and if applicable, credit card copy
Registration Process
- Create Your Account: Fill out the online application form on the Uinvex website, where you’ll choose your base currency (USD or EUR) and provide personal details.
- Submit Verification Documents: After registration, submit necessary documents for identity verification — a government-issued ID (passport or national ID) and a recent utility bill or bank statement for proof of address. If using a credit card for deposits, a copy showing only the last four digits is required.
- Complete the Verification: Verification is typically processed quickly, though deposits over $2,000 may require additional checks to comply with financial regulations.
- Start Trading: Once your account is verified, you can fund it using your preferred method (credit card, cryptocurrency, or bank transfer) and start trading.
Invest in Cryptocurrencies with Uinvex
Focus on Cryptocurrency Trading
| Feature | Details |
|---|---|
| Instruments Available | 300+ instruments including major cryptocurrencies like BTC/USD, ETH/USD |
| Leverage | Up to 1:10 for cryptocurrencies |
| Spreads | Starts from 0.5% |
| Platform | Proprietary Uinvex Web Trader and Android app |
| Deposit Options | Visa/Mastercard, cryptocurrency, bank transfer |
By following these steps and focusing on the features relevant to cryptocurrency trading, you can quickly start trading with Uinvex.
Regulation and Compliance
Uinvex operates under a regulatory framework but is registered in St. Vincent and the Grenadines, a jurisdiction known for more lenient financial oversight. Here’s a detailed look at its regulatory status and safety measures:
Invest in Cryptocurrencies with Uinvex
Regulatory Details
- Registration
- Registered in St. Vincent and the Grenadines under incorporation number 26037 BC 2020.
- Country of Regulation
- St. Vincent and the Grenadines
Safety and Security Measures
Uinvex prioritizes the safety of client funds and compliance with international standards:
- Client Fund Segregation: Ensures that client funds are kept separate from company operational funds.
- Negative Balance Protection: Protects clients from losing more than their account balance in volatile trading conditions.
- AML Compliance: Adheres to Anti-Money Laundering regulations, requiring thorough identity verification of all clients.
Invest with a Regulated Broker
Focus on Cryptocurrency Trading
Cryptocurrency trading on Uinvex includes leveraging up to 1:10, which aligns with the volatility and risk associated with these assets. The platform’s commitment to execution speed and robust security measures can be particularly appealing for cryptocurrency traders, who value quick and secure transaction capabilities.
Cryptocurrency-Specific Security
For cryptocurrency traders, the security of transactions and the integrity of the trading platform are paramount. Uinvex provides:
- Fast Execution Speeds: Essential for the high volatility in cryptocurrency markets, with trades executed within 12 milliseconds.
- Secure Wallet Integration: Ensures that digital assets are managed and stored securely, reducing the risk of hacking or theft.
Client Protections
While Uinvex’s regulatory environment may not be as stringent as those in jurisdictions like the U.S. or EU, it does offer several protections:
- Identity Verification: Mitigates the risk of fraud and enhances the security of client accounts.
- Compliance with AML: Helps prevent financial crimes, adding an extra layer of security for all transactions.
While Uinvex is not regulated by a major financial authority, it implements several practices to ensure client safety and security, especially relevant in the volatile world of cryptocurrency trading. Potential clients should weigh these factors against their individual needs and the inherent risks associated with less stringent regulatory environments.
Invest in Cryptocurrencies with Uinvex
Uinvex offers several account types tailored to different trading needs, including a standard retail trading account and a swap-free Islamic account. For cryptocurrency trading, understanding the specific features and suitability of these accounts is crucial.
Account Types Overview
Uinvex provides two main types of accounts:
Retail Trading Account
This is the primary account type offered by Uinvex, suitable for most traders, including those interested in cryptocurrency trading. It features:
- Leverage: Up to 1:500 for forex, but for cryptocurrencies, it is capped at 1:10, reflecting the high volatility of these assets.
- Spreads: Competitive, starting from 1.3 pips on major currency pairs. Crypto spreads vary depending on market conditions.
- Platform: Accessible via Uinvex’s proprietary Web Trader platform and Android mobile app.
Islamic Account
Designed for traders who require transactions to be executed in accordance with the Shariah law. It differs primarily in how swap fees are handled:
- Swap Fees: Waived for the first 14 days on all positions, including cryptocurrencies. This is particularly beneficial if you engage in long-term positions in volatile markets like crypto.
- Compliance: Fully compliant with Islamic finance principles.
Comparison and Recommendation
For cryptocurrency traders, choosing between the Retail and Islamic account should consider several factors:
Trading Strategy
Short-term traders (day traders and scalpers) in cryptocurrencies will find the Retail Trading Account more suitable due to the high leverage options and low spreads that can maximize their frequent, small gains.
Long-term traders who hold positions open for more than a couple of days may benefit from the Islamic Account to avoid swap fees, which can accumulate significantly over time.
Account Features Comparison
| Feature | Retail Trading Account | Islamic Account |
|---|---|---|
| Leverage on Cryptocurrencies | Up to 1:10 | Up to 1:10 |
| Swap Fees | Standard swap fees apply | Swap fees waived for first 14 days |
| Suitability | Suitable for all types of traders | Suitable for traders requiring swap-free trading |
Suitability for Crypto Traders
The Retail Trading Account is generally more adaptable for most crypto traders, especially those who trade frequently or require the flexibility to take advantage of market movements without the constraints of swap fees after the initial 14 days.
The Islamic Account is ideal if you are a long-term trader who prefers to keep positions open without incurring overnight fees, consistent with Islamic finance principles.
Choosing the right account type at Uinvex for cryptocurrency trading largely depends on your trading strategy and need for compliance with Islamic finance principles. Both accounts offer robust features for trading a wide range of instruments, including cryptocurrencies, with tailored options to suit different trading styles and needs.
Invest in Cryptocurrencies with Uinvex
Spread Costs
Uinvex offers variable spreads based on market conditions. For cryptocurrencies, which are known for their volatility, the spreads can be relatively higher compared to other asset classes. Here’s a look at how these spreads compare:
| Cryptocurrency | Spread |
|---|---|
| BTC/USD | From 0.5% |
| ETH/USD | From 0.5% |
See Details of Trading Conditions
Commission Charges
Uinvex does not charge any commissions on cryptocurrency trades. This allows traders to manage their trading costs more effectively, making Uinvex a cost-efficient platform for trading digital assets.
Additional Fees
While there are no commission fees, traders should be aware of other potential costs, such as:
Swap Fees: These are fees charged for holding a position overnight. The specific rates can vary based on the cryptocurrency being traded and market conditions.
Withdrawal Fees: There is a standard $30 fee for withdrawals under $300 via bank transfer. It’s important to plan your withdrawals accordingly to minimize these costs.
Invest in Cryptocurrencies with Uinvex
Leverage and Margin Requirements
Uinvex offers leverage up to 1:10 for cryptocurrency trading. This leverage ratio reflects the high volatility and risk associated with digital assets. Margin requirements will depend on the leverage used, and traders need to maintain adequate margins to avoid margin calls.
Uinvex’s cryptocurrency trading conditions are designed to cater to both novice and experienced traders. The absence of commission fees, combined with competitive spreads and a straightforward fee structure, makes Uinvex an attractive option for those looking to trade cryptocurrencies. However, traders should remain vigilant about the additional fees and the high volatility inherent to cryptocurrency markets.
Leverage Overview
UINVEX offers maximum leverage for cryptocurrency trading distinctly lower than that for other instruments such as forex, due to the inherent volatility and risk associated with crypto markets.
| Asset Class | Maximum Leverage |
|---|---|
| Cryptocurrencies | Up to 1:10 |
Implications of Leverage in Crypto Trading
Using leverage in cryptocurrency trading magnifies both potential gains and losses. Here’s what traders should consider with UINVEX’s maximum crypto leverage:
- Risk Management: High leverage can lead to significant losses, especially in the volatile crypto market. Traders must use risk management tools and strategies effectively.
- Margin Requirements: Higher leverage increases the margin requirements, tying up more of the trader’s capital to hold positions.
- Market Volatility: Cryptocurrencies can experience rapid price changes. Leverage can amplify these movements, requiring constant market monitoring.
Invest in Cryptocurrencies with Uinvex
Leverage Comparison with Other Instruments
It’s useful to compare the leverage offered for cryptocurrencies with that for other asset classes at UINVEX to understand the risk profile:
| Asset Class | Maximum Leverage |
|---|---|
| Forex | Up to 1:500 |
| Stocks | Up to 1:20 |
| Indices | Up to 1:100 |
| Commodities | Up to 1:100 |
| Cryptocurrencies | Up to 1:10 |
UINVEX provides a maximum leverage of 1:10 for cryptocurrency trading, reflecting a cautious approach to the high-risk nature of these markets. Traders should leverage this feature with a comprehensive understanding of leverage risks and effective management strategies to optimize their trading outcomes while safeguarding their investments.
Minimum Deposit Requirement
The minimum deposit required to start trading cryptocurrencies at UINVEX is consistent with its overall deposit policy for other asset classes.
| Currency | Minimum Deposit |
|---|---|
| USD/EUR | $20 |
Deposit Methods and Conditions
UINVEX facilitates cryptocurrency trading by allowing deposits via various methods, ensuring flexibility and convenience for traders. Here’s how you can fund your account for trading:
- Credit Card: Immediate funding with a minimum of $20.
- Cryptocurrency: Direct blockchain transactions with variable network processing times.
- Bank Transfer: Higher minimum ($250) suitable for substantial investments.
Invest in Cryptocurrencies with Uinvex
Importance of the Minimum Deposit
The minimum deposit amount is crucial for managing trading risks and starting investments, especially for novice traders. UINVEX’s low entry threshold allows:
- Risk Management:
- Enables traders to start small, ideal for those learning the ropes of cryptocurrency trading.
- Accessibility:
- Makes trading accessible to a broader audience by reducing financial barriers.
- Experimentation:
- Allows traders to test different strategies without committing substantial capital initially.
UINVEX’s approach to cryptocurrency trading with a minimum deposit of $20 ensures that both novice and experienced traders can access the market under favorable conditions. This facilitates a learning environment and a platform for experienced traders to diversify their trading strategies effectively.
Withdrawal Conditions
UINVEX has specific conditions for withdrawing funds, particularly to ensure adherence to anti-money laundering regulations and to secure user transactions. Here’s what you need to know:
| Condition | Details |
|---|---|
| Minimum Amount | $20 for cards and cryptocurrencies, $250 for bank transfers |
| Withdrawal Fee | $30 for bank transfers under $300 |
| Processing Time | Up to 48 hours |
| Withdrawal Method | Must match the original deposit method |
Invest in Cryptocurrencies with Uinvex
Withdrawal Process
The process for withdrawing funds from your UINVEX account involves several steps to ensure both compliance and security:
- Initiate Withdrawal: Access the ‘Withdraw’ section in your trading account dashboard.
- Choose Method: Select the withdrawal method, which must be the same as the deposit method used, to prevent fraudulent activities.
- Verification: Complete any required identity verification steps if your withdrawal meets or exceeds certain thresholds or if irregular activities are detected.
- Confirmation: Review and confirm the withdrawal details. Ensure all information is correct to avoid delays.
- Processing: Withdrawals are typically processed within 48 hours, but times may vary based on the method and compliance checks.
Cryptocurrency-Specific Information
For cryptocurrency withdrawals, UINVEX ensures the security of transactions by enforcing the following:
- Network Confirmations:
- Requires a certain number of blockchain confirmations, depending on the currency.
- Security Protocols:
- Includes advanced encryption and multi-factor authentication to protect against unauthorized access.
- Compliance Checks:
- Adheres to AML regulations by monitoring and reporting suspicious activities.
Invest in Cryptocurrencies with Uinvex
Tips for Smooth Withdrawal
To ensure a smooth withdrawal process, consider the following tips:
- Pre-Verification: Complete all necessary KYC verifications ahead of initiating a withdrawal to avoid delays.
- Check Fees: Be aware of the withdrawal fees, especially for small amounts, to avoid unexpected charges.
- Withdrawal Limits: Understand the limits for each withdrawal method to plan your cash flow effectively.
- Support: Contact customer support through live chat or email if you encounter any issues during the withdrawal process.
Withdrawing funds from UINVEX, especially cryptocurrency, is designed to be secure and compliant with global financial regulations. By following the outlined steps and conditions, traders can effectively manage their withdrawals while ensuring the safety of their funds.
Deposit Conditions
UINVEX allows deposits via various methods, including credit cards, bank transfers, and notably, cryptocurrencies, which are of particular interest to many traders due to their rapid processing times and low fees.
| Method | Conditions |
|---|---|
| Cryptocurrency | Minimum deposit of $20, no processing fees, transaction times vary based on the network |
| Credit Card | Minimum deposit of $20, instant processing, no fees |
| Bank Transfer | Minimum deposit of $250, processing can take 1–2 days, suitable for larger transactions |
Invest in Cryptocurrencies with Uinvex
Withdrawal Conditions
Withdrawals at UINVEX must be made using the same method as deposits to comply with anti-money laundering regulations. This is particularly important in cryptocurrency trading, where the security and transparency of transactions are paramount.
| Method | Conditions |
|---|---|
| Cryptocurrency | Withdrawals follow the deposit method, no stated fees for crypto withdrawals, processing times vary |
| Bank Transfer | $30 fee for withdrawals under $300, up to 48 hours processing time |
Special Considerations for Cryptocurrency Transactions
Cryptocurrency transactions at UINVEX are subject to the typical network confirmations required by blockchain technology, which can affect the transaction speed depending on the specific cryptocurrency used.
- Network Confirmations:
- Required for both deposits and withdrawals, ensuring security and verifiability of each transaction.
- Security Measures:
- Enhanced security protocols such as two-factor authentication and cold storage of assets where applicable.
- Compliance:
- Adherence to global AML standards, requiring verification of identity and source of funds, particularly for high-value transactions.
Invest in Cryptocurrencies with Uinvex
Tips for Efficient Cryptocurrency Transactions
To ensure smooth and efficient cryptocurrency transactions at UINVEX, consider the following tips:
- Network Awareness: Be aware of the transaction speed and fees associated with the cryptocurrency you are using.
- Pre-verification: Ensure your account and all necessary KYC documentation are fully verified to avoid any delays during withdrawals.
- Security Precautions: Utilize all available security features offered by UINVEX, such as two-factor authentication, to protect your funds.
- Regular Monitoring: Keep an eye on the status of your deposits and withdrawals, and contact support if there are any delays or issues.
UINVEX provides robust deposit and withdrawal frameworks, particularly for cryptocurrency traders, ensuring quick, secure, and compliant transactions. By following the outlined conditions and tips, traders can effectively manage their funds and enjoy a seamless trading experience.
Eligibility for Bonuses
To be eligible for UINVEX’s bonuses, clients must comply with several requirements:
- Account Approval: Only fully verified accounts can qualify for bonuses. This includes completing all required KYC procedures.
- Minimum Deposit: A minimum deposit amount is usually specified for each bonus. For the First Deposit Bonus, a minimum of $100 is required.
- New Clients: Most bonuses, such as the Welcome Bonus, are available exclusively to new clients.
Current Promotions
UINVEX currently offers several promotions primarily focused on enhancing the trading capabilities of cryptocurrency enthusiasts and other traders.
| Promotion | Details |
|---|---|
| First Deposit Bonus | New clients receive a bonus calculated as a percentage of their initial deposit, up to $5,000. Must trade 30 standard lots within 60 days to keep the bonus. |
| Verification Bonus | Verify your phone number and receive a bonus for trading purposes only, non-transferable. |
| Completion Bonus | Complete your financial profile by providing all required documents and receive a trading-only bonus. |
How to Receive Bonuses
To receive any of the bonuses offered by UINVEX, follow these steps:
Register and Verify Your Account: Complete the sign-up process and ensure your account is fully verified, including submission of all necessary KYC documents.
Make a Qualifying Deposit: Depending on the specific bonus, make the required minimum deposit using an approved payment method.
Meet the Trading Requirements: For bonuses like the First Deposit Bonus, engage in the necessary volume of trading within the specified timeframe.
Invest in Cryptocurrencies with Uinvex
Terms and Conditions
It’s crucial to understand the terms and conditions associated with each bonus:
- Trading Volume:
- For the First Deposit Bonus, you must trade 30 standard lots within 60 days.
- Bonus Expiry:
- Bonuses have an expiry period post which unmet conditions lead to the reversal of the bonus.
- Withdrawal Impact:
- Withdrawing funds before meeting the bonus requirements may result in the cancellation of the bonus.
Recommendations for Maximizing Bonuses
- Plan Your Trading Strategy: Ensure you have a solid trading strategy that aligns with the bonus trading volume requirements.
- Monitor Your Progress: Regularly check your trading volume and progress towards meeting the bonus conditions.
- Avoid Premature Withdrawals: Withdrawals before meeting the full conditions can negate the bonus, so plan your fund management accordingly.
UINVEX’s bonuses and promotions offer significant opportunities, especially for new traders entering the cryptocurrency markets. By carefully following the eligibility criteria and recommendations, traders can effectively leverage these bonuses to enhance their trading experience and potentially increase their trading capital.
Invest in Cryptocurrencies with Uinvex
Comment by jetonwhy
February 16, 2025
Anyone else finding it weird that Deriv only allows deposits through Jeton and not bank transfers? They’ve removed crypto too, so now it’s just cards and Jeton. Kinda frustratin...