WikiFX

Sagot

After carefully reviewing UIIC as an experienced forex trader, I’ve noticed that UIIC primarily positions itself as a provider of political risk insurance rather than as a classic forex broker. The available information does not specify the maximum leverage for major forex pairs, nor does it detail leverage offered for other asset types. In my experience, legitimate brokers regulated by the Financial Conduct Authority (FCA) in the UK are typically limited to a maximum leverage of 1:30 for major forex pairs and even lower for minor pairs and CFDs, due to strict regulatory rules aimed at protecting retail traders from excessive risk. However, in UIIC’s case, the absence of transparent leverage details, combined with user complaints about withdrawal issues and a "High potential risk" warning, raises significant red flags for me. Trading with a company where such crucial information is unclear can introduce unacceptable risk, especially when handling products that already have substantial inherent financial risk. Personally, I would never proceed to trade or invest serious funds with any provider that fails to make leverage levels completely transparent, as this is a fundamental issue for risk management. Without direct, official leverage disclosures, I would recommend extreme caution and would consider other well-regulated brokers who provide such details openly.