UMO Markets Review: Regulation, Spreads & Leverage
ECN/STP broker based in Hong Kong with MetaTrader 5, a $10 minimum deposit and leverage up to 1:300.
- ECN/STP
- 1:300 Leverage
Your money is at risk
In this UMO Markets review
UMO Markets overview: what kind of broker is it?
UMO Markets is an ECN/STP forex and CFD broker based in Hong Kong, founded in 2019. St. Vincent & the Grenadines as an Business Company with the registration number 25600 BC 2019.
Traders get MetaTrader 5, spreads from spreads from 0.2 pips, leverage up to 1:300 and a low $10 minimum deposit. New clients can also check the current Yes.
Tradable markets include Forex Currencies, Cryptocurrency, Commodities, Indices, Stocks, Bonds, Futures.
UMO Markets broker specifications
Company and regulation
| Broker | UMO Markets |
|---|---|
| Regulated by | St. Vincent & the Grenadines as an Business Company with the registration number 25600 BC 2019. |
| Type of broker | ECN/STP |
| Country | Hong Kong |
| Foundation year | 2019 |
| Website | Visit UMO Markets website |
| Website languages | English, Indonesian, Malay, Thai |
Trading conditions
| Minimum deposit | $10 |
|---|---|
| Maximum leverage | 1:300 |
| Minimum spreads | spreads from 0.2 pips |
| Base currencies | USD, JPY, EUR, GBP |
| Tradable instruments | Forex Currencies, Cryptocurrency, Commodities, Indices, Stocks, Bonds, Futures |
| Hedging / scalping | Allowed |
| News trading | Allowed |
| Trading in public | Yes |
Bonus and promotions
| Current promotion | Yes |
|---|---|
| Welcome bonus | Yes |
| Standard no deposit bonus | No |
Contact details
| Telephone | +852 3426 8211 |
|---|---|
| support@umomarkets.com | |
| Fax | Not available |
| Head office | 15F, Hillier Commercial Building 65-67, Bonham Strand East, Sheung Wan Hong Kong |
UMO Markets bonus
UMO Markets promotes a Yes for new traders. It is a simple way to test the broker's MT5 execution, spreads and withdrawal process before you add more of your own money.
How to claim the UMO Markets bonus
- Open a live account through the Visit Broker button.
- Verify your email, phone number and identity (KYC).
- Request the bonus from your client area or from support.
- Trade the required volume, then withdraw your eligible profit.
Bonus terms (required lots, time limit and withdrawal rules) can change at any time. Always read the latest conditions on the UMO Markets website before you claim.
UMO Markets pros and cons
Pros
- Regulated: St. Vincent & the Grenadines as an Business Company with …
- Yes for new traders
- Low $10 minimum deposit
- Spreads from spreads from 0.2 pips, ECN/STP execution
- MetaTrader 5 on every device
- Islamic, mini, VIP and managed accounts
Cons
- Offshore licence only, no EU or UK regulator
- No MetaTrader 4 or cTrader
- Bonus comes with trading-volume rules
UMO Markets account types
UMO Markets offers several account options so beginners and experienced traders can both find a fit. All live accounts start from a $10 deposit.
| Free demo account | Yes – practise with virtual money |
|---|---|
| Mini account | Yes – smaller trade sizes for beginners |
| VIP account | Yes – for high-volume traders |
| Islamic (swap-free) | Yes – no overnight swap charges |
| Managed account | Yes |
| Segregated client funds | Yes |
UMO Markets trading platforms
UMO Markets runs on MetaTrader 5, which gives you advanced charts, more timeframes, an economic calendar and support for expert advisors. Web trading and mobile trading are both available.
UMO Markets deposit and withdrawal methods
The same 4 methods work for both funding and withdrawals, which makes cash-outs simpler because you can usually withdraw the way you deposited.
Banks and cards
E-wallets
Is UMO Markets safe and legit?
UMO Markets is a regulated broker. St. Vincent & the Grenadines as an Business Company with the registration number 25600 BC 2019. The broker says client money is kept in segregated accounts, separate from company funds.
Keep in mind that this is an offshore regulator. It does not offer the investor compensation schemes or leverage caps of top-tier regulators such as the FCA or CySEC.
Our verdict on safety
UMO Markets is a legitimate licensed broker, but best for traders who understand offshore risk. Start small, test a withdrawal early and use sensible leverage.
About UMO Markets
Some news
Who should choose UMO Markets?
Good fit for
- Traders who want MT5
- Bonus hunters testing a new broker
- Muslim traders needing swap-free accounts
- Scalpers, hedgers and news traders
Think twice if
- You need FCA, ASIC or CySEC protection
- You prefer MT4 or cTrader
UMO Markets FAQ
Is UMO Markets regulated?
Yes. St. Vincent & the Grenadines as an Business Company with the registration number 25600 BC 2019. It is an offshore licence, so investor protection is lighter than with EU or UK regulators.
What is the UMO Markets minimum deposit?
The minimum deposit to open a live UMO Markets account is $10.
Does UMO Markets offer a bonus?
UMO Markets currently promotes a Yes for new traders. Bonus credit normally has trading-volume and withdrawal conditions, so read the latest terms on the broker's website before claiming.
What is the maximum leverage at UMO Markets?
Leverage goes up to 1:300. High leverage increases both potential profit and potential loss, so most traders use far less.
Which trading platform does UMO Markets use?
UMO Markets uses MT5 For Desktop, MT5 For Android, MT5 for iOS.
Does UMO Markets offer Islamic swap-free accounts?
Yes. Islamic swap-free accounts are available, along with mini, VIP and VIP accounts.
How can I deposit and withdraw at UMO Markets?
You can use Mastercard/Visa, Neteller, Skrill and Bank Transfer.