Score
Malaysia
|
5-10 years
| http://www.uw-global.com
Website
Rating Index
LicensesNo valid regulatory information, please be aware of the risk!
Malaysia
uw-global.com United StatesNote: UW Global 's official website - https://www.uw-global.com is currently inaccessible normally.
| UW Global Review Summary | |
| Founded | 2016 |
| Registered Country/Region | Malaysia |
| Regulation | Not regulated |
| Market Instruments | Forex, Indices, CFDs, Metals (Gold & Silver) |
| Demo Account | ❌ |
| Leverage | 1:1 for Forex Syariah |
| EUR/USD Spread | Floating for Forex and Metals; Fixed for Forex Syariah |
| Trading Platform | MT4 and MT5 |
| Min Deposit | / |
| Customer Support | Tel: +60 87-415 988 (Landline) |
| Fax: 6087-423 288 | |
| Email: cs1@uw-global.com | |
| Physical address: Unit Level 3A & 3B, Block 4, Financial Park Labuan, Jalan Merdeka, 87000 Federal Territory of Labuan, Malaysia | |
Registered in Malaysia in 2016, UW Global operates as a broker offering services in Forex, Indices, CFDs, and Metals (Gold & Silver). It provides three types of accounts, along with the advanced trading platforms MT4 and MT5. However, this broker does not hold a legal license issued by any official regulatory institution.
| Pros | Cons |
| A wide range of trading instruments | No regulation |
| Multiple account types | Limited leverage |
| MT4 and MT5 trading platform | Unclear fee structure |
| Unclear minimum deposit | |
| Unknown payment options |
UW Global has failed to obtain authorization from any regulatory body, leading to a lack of legitimate oversight.
UW Global offers trading in Forex, Indices, CFDs, and Metals, specifically Gold and Silver.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| CFDs | ✔ |
| Metals | ✔ |
| Stocks | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
UW Global provides three account types, ranging from individual traders to corporate entities.
In the case of the Forex Syariah account, the leverage is 1:1, indicating that no borrowed funds are utilized in trading. For metal trading, including gold and silver, the leverage details are implicitly tied to the specified contract sizes and margin requirements, despite the absence of explicit leverage ratios.
In terms of spreads, for Forex and Metals Trading, the spread is floating. For Syariah-Compliant Forex Trading, the spreads start from 2.0 pips.
As for margins, the margin requirement for Forex trading is listed as $1,000 per lot for day trades and overnight positions, with hedging/locking costing an additional $200 per pair.
| Trading Asset | Spread | Margin Requirement | |
| Forex and Metals | Floating | USD 1,000 per lot, with hedging/locking at USD 200 per pair | |
| Syariah-Compliant Forex | From 2.0 pips | USD 100,000 | |
| Precious Metals | Floating | / | |
UW Global provides access to both MetaTrader 4 and MetaTrader 5, two of the most professional trading platforms in the forex and CFD trading industry. Both platforms offer technical indicators, graphical objects, and detailed market depth analysis, and they are accessible through web and mobile devices (including phones and iPads).
However, since UW Global is unregulated, there is a possibility that the broker may manipulate your account or even lack permission to offer trading through MT4 and MT5.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Web and Mobile | Beginners |
| MT5 | ✔ | Web and Mobile | Experienced traders |
A recent experience by one trader has unveiled a troubling side of the industry, exposing the issues at UW Global.
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Arctant vecy
Malaysia
UW Global International's market instruments and trading platform are top-notch, providing a seamless and efficient experience for traders
Positive
奈何轮回
Hong Kong
I chose UW Global because they offer an Islamic account option, which is important for my trading practices to align with my beliefs. It’s reassuring to trade knowing that I’m adhering to Sharia principles.
Positive
FX1048570284
Ecuador
There is very little information on the website, I don't want to waste time to understand. I think a company that really believes in their service and wants to serve their customers well will put all the information on the website.
Neutral
FX1042716768
Tunisia
I have traded with 6 brokers, and I can confidently say that UW Global offers the best customer services. This is one of their best qualities. In addition, you can trade in a wide range of tradable instruments on the MT4 or MT5.
Positive
FX1029188010
Thailand
This platform’s customer support sucks! I asked them about the minimum deposit to start, they just cannot clearly tell me, keeping asking me to put money here… Anyone who want to trade online, I advise you to find other better alternatives…
Neutral