UnitedPips in 60 Seconds
| Question | Answer |
|---|---|
| Main reason to consider UnitedPips | Fixed spreads, leverage up to 1:1000 and a $10 minimum deposit. |
| Biggest drawback | A relatively limited selection of tradable markets. |
| Minimum deposit | $10 |
| Pricing model | Fixed spreads with no trading commission; withdrawal charges can vary by method. |
| Main platforms | MegaTrader PC web, mobile web, and a dedicated Android app |
| Main markets | Forex, commodities and cryptocurrencies. |
| Maximum leverage | Up to 1:1000; actual leverage can differ by account and instrument. |
| Best suited to | Traders who want fixed spreads, high leverage, and are comfortable with its product range. |
| Less suited to | Traders who require API trading or access to indices and stocks. |
UnitedPips offers a low minimum deposit and leverage of up to 1:1000, with markets focused on forex, commodities, and cryptocurrencies. Traders seeking exposure to stocks and indices may wish to consider these differences when assessing the platform.
Pros
- The minimum deposit is $10.
- Fixed spreads and no trading commission.
- Demo accounts and swap-free Islamic accounts are available.
- Scalping, hedging, and news trading are permitted.
Cons
- No stocks, indices, or bonds in the instrument selection.
- API trading is not available.
How UnitedPips Works
The basic trading model
UnitedPips operates as a non-dealing desk (NDD) broker, offering forex, commodities, and cryptocurrencies through the MegaTrader platform. Forex trading involves leverage, while commodity and cryptocurrency exposure is primarily provided through leveraged derivatives rather than direct asset ownership.
The broker offers three live account types: Standard, Premium, and VIP. All provide access to the same trading platform but differ in spreads, margin conditions, and additional account benefits.
Important regional differences
UnitedPips does not accept clients from Bangladesh, China, Iran, Indonesia, Italy, Nigeria, North Korea, Pakistan, Russia, Sudan or Syria. Leverage limits vary depending on the account type.
The Costs That Matter
Trading costs
UnitedPips operates a fixed-spread pricing model without charging separate commissions on trades. Instead, the primary trading cost is incorporated into the difference between an instrument's buying and selling prices.
| Instrument | Typical / Average Spread | Commission |
|---|---|---|
| EUR/USD | 0.7 pips | No |
| GBP/USD | 1.3 pips | No |
| Gold (XAU/USD) | 5 pips | No |
| S&P 500 CFD | Not Offered | Not offered |
Non-trading costs
UnitedPips charges no deposit fees for PayPal, card, or Bitcoin deposits, while deposits made using other cryptocurrencies incur a 3% fee. The broker also charges no inactivity or currency-conversion fees, and its accounts are swap-free. Withdrawal costs vary by method: card withdrawals carry no fee, PayPal withdrawals incur a 5% fee, and cryptocurrency withdrawals incur blockchain network fees.
Cost takeaway
The spread-only structure makes trading costs easier to frame than a raw-spread-plus-commission model, but the fixed spreads differ across account types. Traders may also consider potential cryptocurrency network fees and review the applicable withdrawal charges before funding their accounts.
The Costs That Matter
- UnitedPips uses fixed spreads and charges no trading commission.
- Spreads are 0.7 pips on EUR/USD, 1.3 pips on GBP/USD and 5 pips on Gold (XAU/USD).
- Account types have different fixed spreads; VIP has the lowest of the three tiers.
Choosing Your UnitedPips Setup
Account options
| Feature | Standard | Premium | VIP |
|---|---|---|---|
| Pricing model | Fixed spreads | Fixed spreads: lower than Standard | Fixed spreads: lowest of the three tiers |
| Minimum deposit | $10 | $2,000 | $10,000 |
| Platform access | MegaTrader | MegaTrader | MegaTrader |
| Main distinction | Highest spreads among the three tiers | Lower spreads and enhanced trading conditions | Lowest available spreads and the highest bonus limit. |
| Most relevant for | Traders seeking the lowest entry deposit | Traders seeking lower fixed spreads than Standard | Traders seeking the lowest tier spreads |
Platform choices
UnitedPips provides trading access through the web-based MegaTrader platform on both desktop and mobile browsers, alongside a dedicated Android app. This setup allows traders to access their accounts, monitor market movements, and manage trades across compatible devices without requiring a desktop software installation.
| Platform Access | Web | Desktop | Mobile | Main Characteristics |
|---|---|---|---|---|
| MegaTrader PC | Yes | Yes; through a browser | No | Browser-based trading interface with charting, market monitoring, and order execution tools. |
| MegaTrader Mobile | Yes | No | Yes; through a browser | Mobile-optimized browser interface for monitoring markets, managing positions, and placing trades. |
| MegaTrader for Android | No | No | Yes; Android devices | Dedicated Android application providing mobile trading access, trade execution, and position management. |
Base currency and account configuration
USD is the base account currency at UnitedPips. The broker offers demo accounts, and all account types are swap-free by default, with no overnight swap charges or trading commissions. Hedging is permitted, with a 25% hedge margin, while scalping and news trading are also allowed. The main differences between account types relate to minimum deposit requirements, fixed spreads, and maximum bonus limits.
Choosing Your UnitedPips Setup
- Standard, Premium and VIP are the available live account types.
- USD is the base account currency, and all account types are swap-free by default.
- MegaTrader is accessible via PC web, mobile web, and a dedicated Android app.
What You Can Trade
UnitedPips focuses on forex, commodities and cryptocurrencies. It does not offer indices, stocks, bonds or other markets in the instrument categories below.
| Market | Approx. Number | Important Detail |
|---|---|---|
| Forex | 37 | Trading involves leverage, with leverage limits varying by account type. |
| Indices | Not Offered | - |
| Commodities | 6 | Exposure is through leveraged derivatives rather than direct ownership. |
| Stocks | Not Offered | - |
| Bonds | Not Offered | - |
| Cryptocurrencies | 6 | Exposure is provided through leveraged derivatives rather than direct wallet ownership. |
What You Can Trade
- UnitedPips offers 37 forex instruments, 6 commodities and 6 cryptocurrencies.
- Indices, stocks and bonds are not offered.
- Commodity and crypto exposure is generally through leveraged derivatives.
What Trading Is Like in Practice
Order execution
UnitedPips identifies its broker type as NDD. Trades are placed and managed through MegaTrader, which provides access to market prices, charts, and trading orders.
The platform's web and mobile interfaces allow traders to monitor positions and respond to market movements from supported devices.
Orders are executed based on prevailing market conditions, so the final price may differ slightly from the displayed price during periods of high volatility or lower liquidity.
Leverage, margin and stop-out
Maximum leverage reaches 1:1000, although actual leverage may vary by account type. The margin-call level is 30%, and the stop-out level is 10%. Hedging is supported across all asset classes, with a 25% hedge margin requirement.
Trading restrictions
Scalping, hedging and news trading are allowed. UnitedPips does not offer API trading, copy trading or social trading. The supported strategy rules do not remove the market risk of leveraged trading or the possibility of slippage.
Day-to-day usability
UnitedPips provides trading access through MegaTrader PC web, mobile web, and a dedicated Android app. The browser-based versions allow users to access the trading platform without installing desktop software, while the Android app offers an additional option for managing trades on the go.
UnitedPips complements its MegaTrader platform with a range of supporting resources, including daily market insights, FAQs, a knowledge base, a trading glossary, and video content on YouTube. Multilingual customer support provides additional assistance with platform navigation and account-related queries, while the demo account allows users to explore the trading environment and practice strategies in a simulated setting before moving to live trading.
What Trading Is Like in Practice
- Maximum leverage is 1:1000, with actual leverage varying by account and instrument.
- UnitedPips allows scalping, hedging and news trading.
- Routine market conditions can produce slippage.
From Sign-Up to First Trade
1. Eligibility
UnitedPips does not accept clients from Bangladesh, China, Iran, Indonesia, Italy, Nigeria, North Korea, Pakistan, Russia, Sudan or Syria. The broker is headquartered in Saint Lucia.
2. Registration
Complete the registration form with your details and verify your email address using the activation link. Once registered, log in to your dashboard, select a Standard, Premium, or VIP account, and configure your account settings. USD is the base account currency, and a demo account is also available for practicing in a simulated trading environment.
3. Verification
KYC verification is required for withdrawals and full access to deposit methods. Users must verify their identity, address, and phone number to remove applicable deposit and withdrawal restrictions. Deposits must also originate from a payment account held in the same name as the verified UnitedPips account holder.
4. Initial funding
The minimum deposit is $10, with method-specific minimums of $50 for card and PayPal payments and $10 for cryptocurrency deposits. Check the available payment options and applicable requirements in your account before making a deposit.
5. Getting ready to trade
You can access your UnitedPips account through MegaTrader on PC or mobile devices. Full account verification is required before withdrawals can be processed. For account security, UnitedPips uses SSL encryption to protect data transmission and offers two-factor authentication (2FA) as an additional layer of protection against unauthorized access.
From Sign-Up to First Trade
- KYC verification of identity, address, and phone number is required to access withdrawals and all deposit methods.
- Deposits must come from an account in the same name as the verified UnitedPips account holder.
- UnitedPips does not accept clients from 11 specified countries, including China, Italy and Russia.
Depositing and Withdrawing Money
Deposits
UnitedPips supports multiple funding methods, including payment cards, PayPal, and cryptocurrencies, giving clients several options for depositing funds into their trading accounts.
| Method | Minimum | Broker Fee | Broker Processing | Expected Settlement |
|---|---|---|---|---|
| $50 | No | Immediate | Immediate | |
| $50 | No | Immediate | Immediate | |
| $10 | No | Immediate without confirmation | Immediate without confirmation | |
| $10 | 3% | Immediate without confirmation | Immediate without confirmation | |
| $10 | 3% | Immediate after confirmation | Immediate after confirmation | |
| $10 | 3% | Immediate after confirmation | Immediate after confirmation | |
| $10 | 3% | Immediate after confirmation | Immediate after confirmation |
Withdrawals
Full account verification is required before withdrawals can be processed. Card withdrawals may take up to 15 business days, PayPal withdrawals 1-72 business hours, and cryptocurrency withdrawals typically 1-24 hours, plus blockchain confirmation.
| Method | Minimum | Broker Fee | Broker Processing | Expected Settlement |
|---|---|---|---|---|
| $50 if balance is above $50 | No broker fee | 1-15 business days | Up to about 15 business days | |
| $50 if balance is above $50 | No broker fee | 1-15 business days | Up to about 15 business days | |
| $5 | Network fees | 1–24 hours plus network confirmation | Usually 1–24 hours plus network confirmation | |
| $5 | Network fees | 1–24 hours plus network confirmation | Usually 1–24 hours plus network confirmation | |
| $5 | Network fees | 1–24 hours plus network confirmation | Usually 1–24 hours plus network confirmation | |
| $5 | Network fees | 1–24 hours plus network confirmation | Usually 1–24 hours plus network confirmation | |
| $5 | Network fees | 1–24 hours plus network confirmation | Usually 1–24 hours plus network confirmation |
Depositing and Withdrawing Money
- Card and PayPal deposits have a $50 minimum; cryptocurrency deposits have a $10 minimum.
- Card withdrawals can take up to about 15 business days.
- Crypto withdrawals usually take 1–24 hours plus network confirmation.
Customer Support
| Support Channel | Available | Hours | Languages / Important Notes |
|---|---|---|---|
| Live chat | Yes | 24/7 human support | Multilingual |
| Yes | 24/7 human support | [email protected] | |
| Phone | Yes | 24/7 human support | +1 (205) 350-3000 and (+44) 203 985 6260 |
| Ticket | Yes | 24/7 human support | Multilingual |
Availability
UnitedPips offers human support 24/7 through live chat, email, phone and tickets.
How traders can get help
Contact support by live chat, email at [email protected], phone at +1 (205) 350-3000 or (+44) 203 985 6260, and the ticket system. Customer support is available in multiple languages, including English, Spanish, French, Arabic, and Hindi.
Support limitations
Customer feedback is typically positive, particularly for practical guidance and technical support. Negative reports are limited and do not form a recurring pattern.
Customer Support
- Human support is available 24/7 by live chat, email, phone and ticket.
- Customer support is available in multiple languages, including English, Spanish, French, Arabic, and Hindi.
- Customer feedback is positive for practical guidance and technical support.
What Protects Your Money?
UnitedPips is headquartered in Saint Lucia and is regulated by IFSA. If offers several measures intended to protect client funds and trading accounts, including segregated client balances, negative balance protection, identity verification, and account security controls.
Legal entities and regulators
| Client Region | Regulator | License / Registration | Main Protection |
|---|---|---|---|
| Saint Lucia | IFSA | BR-21718994-JNT | Negative balance protection; fund segregation. |
Client money protections
UnitedPips segregates client funds from company operating funds and offers negative balance protection to help prevent clients from owing more than their account balance. These safeguards do not prevent losses from trading activity.
Company transparency
UnitedPips was founded in 2016, is privately held and is not publicly traded. Its headquarters are in Saint Lucia.
What Protects Your Money?
- UnitedPips segregates client funds.
- UnitedPips provides negative balance protection.
- UnitedPips is regulated by IFSA.
The Biggest Catch With UnitedPips
What the headline claim suggests
UnitedPips combines leverage of up to 1:1000 with a $10 minimum deposit, offering a low entry threshold. Its fixed spreads and commission-free trading also provide a straightforward cost structure.
What happens in practice
The main considerations go beyond the minimum deposit and maximum leverage. The 1:1000 leverage is a maximum, with actual limits varying by account type and instrument. Market access focuses on forex, commodities, and cryptocurrencies, while withdrawal times depend on the payment method, with card transactions generally taking longer than PayPal or crypto withdrawals.
Who UnitedPips Is Really For
Consider UnitedPips if you...
- Want a $10 minimum deposit, fixed spreads and no trading commission.
- Prefer swap-free accounts
- Need scalping, hedging or news trading, or want a demo account
You may want to look elsewhere if you...
- Require API trading.
- Need access to indices, stocks or bonds.
The Bottom Line
UnitedPips combines fixed spreads, commission-free trading, a $10 minimum deposit, and leverage of up to 1:1000. Its MegaTrader platform is accessible through PC and phones, allowing traders to monitor markets, manage positions, and place orders across devices.
Standard, Premium, and VIP accounts offer different spread levels and account benefits, while demo access and swap-free trading provide additional flexibility. However, the broker's market selection focuses on forex, commodities, and cryptocurrencies, and it does not support API trading.
Overall, UnitedPips may appeal to traders seeking fixed-spread pricing, high leverage, and a low entry deposit who are comfortable with its available instruments and account conditions.
How We Reviewed UnitedPips
We assess UnitedPips across account terms, pricing, products, platforms, funding, customer support, and safeguards, distinguishing broker claims from regulatory verification and customer feedback. For more detail on how brokers are assessed, see our review methodology.
Contact Info
- Website:
- https://www.unitedpips.com
- Email:
- [email protected]
- Phone:
- +1 (205) 350-3000 and (+44) 203 985 6260
- Company Address:
- Block A, Apt 149, High Street, Castries, Saint Lucia
FAQ
What is the minimum deposit at UnitedPips?
The minimum deposit is $10, with a $50 minimum for card and PayPal payments and $10 for cryptocurrency deposits.
What does UnitedPips charge for trading?
UnitedPips uses fixed spreads and charges no trading commission. Spreads are 0.7 pips on EUR/USD, 1.3 pips on GBP/USD and 5 pips on Gold (XAU/USD); account tiers have different fixed-spread levels.
Which UnitedPips account should I choose?
UnitedPips offers Standard, Premium and VIP accounts. Standard has a $10 minimum deposit and the highest spreads among the three tiers; Premium has lower spreads than Standard, while VIP has the lowest tier spreads.
What is UnitedPips’ maximum leverage, and does it allow scalping?
Maximum leverage reaches 1:1000, although actual leverage can differ by account and instrument. UnitedPips allows scalping, hedging and news trading, but does not offer API trading.
How long do UnitedPips withdrawals take?
Card withdrawals can take up to 15 business days, while PayPal withdrawals take 1–72 business hours. Cryptocurrency withdrawals typically take 1–24 hours, plus network confirmation. Full account verification is required before withdrawals are processed.
Does UnitedPips offer a demo account, and which platforms can I use?
Yes. UnitedPips offers demo accounts and trading access through MegaTrader PC web, mobile web, and a dedicated Android app, allowing users to practice trading and access the platform across compatible devices.