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TJensen
Within 1 year

Does UCML charge a commission per lot on their ECN or raw spread accounts?

Broker Issues
UCML
Fees and Spreads
01-07
United States
WikiFX
Reply

Based on my careful review of all available details about UCML, I was not able to find any clear or specific information regarding commission charges per lot on ECN or raw spread accounts. In my experience as a forex trader, the absence of such crucial details and, more importantly, the complete lack of transparency about account types raises immediate concerns. No mention of forex, commodities, or standard trading instruments was found, and there’s no confirmation that UCML even offers ECN, raw spread, or comparable accounts. This lack of disclosure makes it impossible for me to determine or verify their commission structures. Additionally, UCML is an unregulated broker with no valid license, which adds considerable risk. Over the years, I’ve learned the importance of choosing regulated brokers that publicly provide clear, comprehensive details about trading conditions—including all costs per trade. If a broker cannot supply essential information up front, especially on commissions and account types, it’s a major red flag for me and, by extension, any cautious trader. Without official confirmation or transparent terms, I simply cannot recommend using UCML, nor can I confirm any commission-related specifics about their supposed ECN or raw accounts.

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