Basic Information
Registered Region 
China
ChinaOperating Period
2-5 years
Company Name
Raw Trading Ltd
Company Website
Global Broker Regulation Inquiry App
WikiFX
Unverified
Score
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/10
UbetFX
China
|
2-5 years
|
Suspicious Regulatory License
|
Suspicious Scope of Business
|
High potential risk
https://ubetfx.com/
Website
Rating Index
Contact
https://ubetfx.com/
LicensesLicensed Entity：Raw Trading Ltd
License No. SD018
Warning: Low score, please stay away!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
4
Website
Company Summary
Comment
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Official website
Website
ubetfx.com
194.233.84.8ubetfx.biz
194.169.80.131
Company Summary
| UbetFX Review Summary | |
| Founded | 2023 |
| Registered Country/Area | China |
| Regulation | FSA (Suspicious clone) |
| Market Instruments | / |
| Demo Account | ✅ |
| Leverage | / |
| Spread | / |
| Min Deposit | / |
| Trading Platform | / |
| Customer Support | / |
Overview of UbetFX
Founded in 2023, UbetFX is an unregulated broker registered in China. Their official site lacks much important information, such as trading acounts, trading conditions, trading platforms, payment options, customer support, etc.
Pros and Cons
| Pros | Cons |
| Demo accounts | Suspicious clone regulatory status |
| Lack of transparency |
Regulatory Status
No, UbetFX lacks valid regulation. The retail forex license from the Seychelles Financial Services Authority is a suspicious clone.
| Regulated Country | Regulator | Current Status | Regulated Entity | License Type | License No. |
 | The Seychelles Financial Services Authority (FSA) | Suspicious Clone | Raw Trading Ltd | Retail Forex License | SD018 |
Deposit and Withdrawal
Based in the very limited info on their site, it seems that UbetFX only accept deposits via wallet. If you want to withdraw funds, you need to enter wallet address and withdrawal amount. All are very opaque, no regulated brokers will bahave like this.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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