Uniglobe Markets: CFD & Forex Trading | ECN Broker | Online Trading (2024)

FAQs

Is Uniglobe Markets regulated? ›

Uniglobe Markets is a legally registered forex broker located in the Marshall Islands, but not regulated by any government agency.

The main difference between forex and CFD trading is that CFDs are derivatives, meaning traders don't own the actual asset, but rather something that derives its value from the asset. Forex is an actual asset itself.

CFD stands for 'contract for difference', a type of derivative product that you can use to speculate on the future direction of a market's price. When trading via CFDs, you don't take ownership of the underlying asset, which means you can take advantage of rising and falling markets by going long or short.

Based on the CFTC's own data, the following brokers offer legal forex trading in the U.S.: tastyfx - Legally available to retail clients in the U.S. FOREX.com - Legally available to retail clients in the U.S. OANDA - Legally available to retail clients in the U.S.

SEC and forex

While the SEC does not oversee the forex market, the commission will investigate and charge traders and brokerages with fraud.

Many CFD brokers make money from trading against their clients and profitable clients make them lose money. This is similar to how casinos operate. Casinos ban profitable customers.

It's possible to make money trading CFDs with experience and a thorough understanding of how the financial markets work. But, it's well known that around 75% of retail traders (private investors) lose money when trading CFDs.

CFDs are a leveraged product

This means that while you could make a potential profit if the market moves in your favour, you could just as easily make significant losses if the trade moves against you and you don't have adequate risk management in place.

Vantage – Everyone's Trusted CFD Broker

One of the world's leading CFD brokers with over 14 years of market experience, Vantage provides traders a CFD trading platform with access to 1,000+ CFD products, including forex, indices, commodities, shares, ETFs, and even bonds.

Are CFD brokers safe? ›

Cfd Trades is not a trusted broker because it is not regulated by a financial authority with strict standards. We would not open an account for ourselves with them. If you want to stay safe, only sign up with brokers that are overseen by a top-tier and stringent regulator.

CFDs are illegal in the US because they are an over-the-counter (OTC) trading product. OTC trading products aren't listed on regulated exchanges like the New York Stock Exchange (NYSE), bypassing US regulatory bodies. However, US traders have alternatives such as forex, options and stocks.

Research and analysis are probably the two key distinctions between CFD trading and gambling. Whereas CFD trading is heavily based on extensive monitoring of markets and understanding data, gambling is not.

GKFX is a broker licensed and regulated by the FCA and MFSA.

The Commodity Futures Trading Commission is an independent U.S. government agency that regulates the U.S. derivatives markets, including futures, options, and swaps.

The global supervisory bodies regulate forex by setting standards which all brokers under their jurisdiction must comply with.

VT Markets is a regulated multi-asset broker trusted by clients from over 160 countries. Since 2015, our mission has been simple: to make trading easy and accessible for everyone. Today, VT Markets has evolved into a comprehensive platform that meets all trading needs.