UnitedPips in a Nutshell
UnitedPips is a forex and CFD broker founded in 2016, with an office in Castries, Saint Lucia. It offers forex, commodities, and cryptocurrency trading through the MegaTrader platform on desktop, mobile web, and Android. Key features include fixed spreads, zero commissions, swap-free accounts, and leverage up to 1:1000. With a $10 minimum deposit, trade sizes from 0.01 lots, and support for scalping, hedging, and news trading, UnitedPips caters to traders seeking flexible trading conditions and low entry requirements.
Pros
- Minimum deposit starts from $10
- Leverage up to 1:1000 is offered
- No trading commissions are charged
- Swap-free trading on all accounts is available
- 24/7 customer support through live chat, email, phone, and tickets
Cons
- Withdrawal fees depend on the payment method
- Trading is focused on forex, metals, commodities, and crypto
How we test Brokers ?
Trust and Safety
Regulation
UnitedPips is regulated by IFSA under license number BR-21718994-JNT. The broker is headquartered at Block A, Apt 149, High Street, Castries, Saint Lucia, and offers forex and CFD trading with fixed spreads and flexible account conditions.
How You Are Protected
UnitedPips offers several security measures, including segregated client funds, negative balance protection, SSL encryption, and two-factor authentication. KYC verification is required for full access to deposit methods and withdrawals, with traders needing to verify their identity and address. Additionally, deposits must come from an account held in the same name as the trading account holder, helping reduce the risk of third-party transactions.
Pricing and Fees
Spreads
UnitedPips offers fixed spreads, with average spreads of 0.7 pips on EUR/USD, 1.3 pips on GBP/USD, and 5 pips on Gold (XAU/USD). This pricing structure helps traders estimate entry costs more consistently, making it suitable for short-term strategies, including scalping and news trading, both of which are permitted. However, slippage may still occur during periods of high market volatility.
Commissions
UnitedPips charges no trading commissions. Its pricing model is spread-only, so the spread is the main trading cost. This makes fee calculation easier for beginners and active traders who want a simple cost structure.
Swap Fees
UnitedPips accounts are swap-free by default. There are no overnight swap fees. This makes the broker suitable for traders who want Islamic trading conditions or who prefer to hold trades overnight without interest charges.
Non-Trading Fees
UnitedPips charges no deposit, inactivity, or currency conversion fees. Crypto and card withdrawals are free of broker fees, while PayPal withdrawals incur a 5% fee.
Deposits and Withdrawals
Deposit Methods
UnitedPips supports deposits via Visa, Mastercard, PayPal, and a range of cryptocurrencies, including Bitcoin, Ethereum, Dogecoin, Tether, Ripple, Dash, Bitcoin Cash, Tron, and Litecoin.
Deposit Fees and Processing Time
UnitedPips charges no deposit fees, with e-wallet and cryptocurrency deposits generally processed instantly. Bitcoin and Ethereum deposits are credited without waiting for blockchain confirmations, while card deposits are credited once the bank releases the funds.
Withdrawal Methods
Withdrawal methods match the main deposit options. These include Visa, Mastercard, PayPal, and a range of cryptocurrencies, including Bitcoin, Ethereum, Dogecoin, Tether, Ripple, Dash, Bitcoin Cash, Tron, and Litecoin. The broker requires traders to withdraw through the same payment method used for the deposit. If a trader deposits by credit or debit card, the card withdrawal should match the original deposit, and profits can be withdrawn through supported e-wallet or alternative methods.
Withdrawal Fees and Processing Time
UnitedPips charges no broker fees for crypto and card withdrawals, while PayPal withdrawals incur a 5% fee. Minimum withdrawal amounts vary by method, starting from $5 for crypto and typically $50 for card and PayPal when the account balance exceeds $50. Processing times range from 1–24 hours for crypto and e-wallets, 1–72 business hours for PayPal, and 1–15 business days for card withdrawals.
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Markets and Assets
Forex Pairs
UnitedPips offers a range of major, cross, and exotic forex pairs, including EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, NZD/USD, USD/CAD, EUR/GBP, EUR/JPY, GBP/JPY, AUD/CAD, AUD/JPY, and NZD/JPY. Traders benefit from fixed spreads, trade sizes starting at 0.01 lots, and leverage of up to 1:1000.
Commodities
The broker offers metal instruments such as Gold XAU/USD, Silver XAG/USD, GOLDEURO, SILVEREURO, Platinum XPT/USD, and Palladium XPD/USD. Gold has an average spread of 5 pips. Metals are useful for traders who want exposure to safe-haven moves, inflation themes, and USD-driven volatility.
Cryptocurrencies
UnitedPips offers cryptocurrency CFDs, including Bitcoin (BTC/USD and BTC/EUR), Ethereum (ETH/USD), Ripple (XRP/USD), Litecoin (LTC/USD), and Bitcoin Cash (BCH/USD). These instruments allow traders to speculate on cryptocurrency price movements through the same MegaTrader platform used for forex and metals, without owning the underlying assets.
Leverage Restrictions
UnitedPips offers leverage of up to 1:1000 across supported forex and CFD instruments, with traders able to adjust leverage according to their trading style and strategy. However, checking the active leverage before opening positions is important, especially during news-heavy sessions.
Platform & Tool Variety
Trading Platforms
UnitedPips offers trading through its MegaTrader platform, accessible via desktop and mobile browsers, as well as a dedicated Android app. Its TradingView-style interface includes technical indicators and charting tools for market analysis. Additional features such as trading statistics, trailing stops, partial position closing, and a session clock support performance monitoring and trade management.
Trading Tools
The platform includes real-time market data, integrated news, watchlists, and one-click trading. Traders can also practice using a demo account and access pip, margin, and profit calculators to support trade planning and risk management. Scalping, hedging, and news trading are permitted, allowing traders to apply different strategies according to their preferences.
Account Types and Conditions
Account Types
UnitedPips offers three account types: Standard, Premium, and VIP. All accounts use USD as the base currency, support fixed spreads, offer swap-free conditions, and provide access to the MegaTrader platform.
How to Open an Account
- Register through the UnitedPips registration page.
- Log in to the Client Cabinet with the registered email and password.
- Open the Accounts tab and select Dashboard.
- Go to Real Trading Accounts and click New Live Account.
- Choose Standard, Premium, or VIP.
- Select the preferred leverage.
- Enable or disable the bonus.
- Click Finish to create the live trading account.
- Complete identity, address, and phone verification before requesting withdrawals.
UnitedPips restricts clients from Bangladesh, China, Iran, Indonesia, Italy, Nigeria, North Korea, Pakistan, Russia, Sudan, and Syria.
Customer Support
Channel Variety and Availability
UnitedPips provides 24/7 customer support through live chat, email, phone, and ticket services. Traders can contact the team at [email protected] or call +1 (205) 350-3000 or +44 203 985 6260. The broker also offers multilingual support, making its services accessible to a broader international audience.
Response Time
Live chat and phone inquiries receive responses in approximately 30 seconds, while email queries are typically answered within an hour, allowing traders to get assistance promptly through their preferred support channel.
Quality
UnitedPips' support team provides clear, practical answers to account, platform, funding, and trading-related questions. The team explains technical concepts in straightforward terms, helping traders understand platform features, margin requirements, and account procedures. This direct approach makes it easier for users to find relevant information and resolve common queries without unnecessary complexity.
Market Research and Education
Market Research
UnitedPips combines daily market analysis and news with real-time pricing and charting features, giving traders tools to monitor market activity and analyze potential opportunities. In addition, its pip, margin, and profit calculators help users assess trading costs, determine margin requirements, and estimate possible trade outcomes before placing orders.
Educational Resources
UnitedPips provides several resources to help traders build their knowledge and navigate the platform, including a glossary of trading terms, an FAQ section, and helpdesk assistance. These resources cover common trading concepts and practical account-related queries, while the demo account offers an opportunity to explore the platform and practice trading before moving to a live account.
Promotions and Bonuses
Welcome Bonus
UnitedPips does not offer a welcome bonus.
Deposit Bonus
UnitedPips provides a 40% deposit bonus, with maximum allocations of $500 for Standard accounts, $1,000 for Premium accounts, and $2,000 for VIP accounts. The bonus is tradable but cannot be withdrawn, and eligible subsequent deposits can qualify until the account's bonus limit is reached.
No-Deposit Bonus
UnitedPips does not currently offer a no-deposit bonus, so traders need to fund their accounts to access the deposit bonus.
Affiliate Program
UnitedPips offers an affiliate and Introducing Broker (IB) program that rewards partners for referring clients. Commissions start at $10 per lot traded by referred clients, with earnings increasing according to trading volume.
Final Thoughts
UnitedPips offers a straightforward trading setup built around fixed spreads, zero commissions, swap-free accounts, and leverage of up to 1:1000. With a $10 minimum deposit, trade sizes starting at 0.01 lots, and spreads from 0.7 pips on EUR/USD, the broker provides accessible entry conditions for forex, metals, and cryptocurrency CFD traders.
The MegaTrader platform supports manual trading with charting tools and practical trade management features. However, the absence of copy trading and VPS hosting may be a consideration for traders who rely on automation. Overall, UnitedPips is best suited to traders who prioritize flexible trading conditions, low initial funding requirements, and round-the-clock customer support.
Most Asked Questions
What is the minimum deposit at UnitedPips?
The minimum deposit is $10.
What is the maximum leverage at UnitedPips?
The maximum leverage is 1:1000.
Does UnitedPips charge commissions?
UnitedPips charges no trading commissions. Trading costs are built into fixed spreads.
Are UnitedPips accounts swap-free?
All UnitedPips accounts are swap-free. The broker does not charge overnight swap fees.
Can traders use scalping and hedging at UnitedPips?
Scalping and hedging are allowed. Hedging uses a 25% hedge margin, and news trading is also allowed.
Is UnitedPips good for beginners?
UnitedPips is suitable for beginners who want a low deposit, fixed spreads, demo access, and a simple platform.