Uberchains broker

Uberchains broker

General Information

Broker Name: Uberchains

Broker Type: Forex & CFDs

Country: /

Operating since year: 2001

Regulation: /

Address: /

Broker status: Active

 

Customer Service

Phone: /

Email: [email protected]

Languages: English

Availability: /

Trading

The Trading platforms: Proprietary

Trading platform Time zone: /

Demo account: No

Mobile trading: No

Web-based trading: Yes

Bonuses: No

Other trading instruments: Yes

Account

Minimum deposit: $10,000

Maximal leverage:

Spread: Floating

Scalping allowed: Yes

 

CONTENT

  • General Information & First Impressions
  • Fund and Account Security
  • The Trading Accounts
  • Uberchains’ Trading Platform
  • Trading Products
  • Customer Service at Uberchains
  • Conclusion

 

Broker Review: Uberchains

General Information & First Impressions

General Information & First Impressions

Uberchains is an established online brokerage that has been around and operating for over two decades. Like most Europe-focused brokerages, it offers forex and CFDs on various assets as trading materials to customers. That makes it a versatile and open company, able to offer a wide variety of assets and please diverse customer groups. Our Uberchains review will focus on its usability and price and compare it against alternatives.

One thing we do need to address before we carry on is that Uberchains does a great job at keeping up with current trends. You often see that older brokers get run over by time and simply wilt away. At uberchains.com, the brokerage offers the latest innovations in trading. An example of that is the company shifting its focus to cryptocurrencies and allowing users to trade them.

That leads straight into our first impression of the company. We feel like uberchains.com shows a nuanced approach that shows both its experience and modernity. While the home page may seem basic at first, it actually shows you a lot of important details about the broker. Meanwhile, Uberchains avoids the mistake many new brokers make of overloading users with information. They give you just enough, thus making the browsing experience much more comfortable.

Naturally, that means our first impressions for the uberchains.com review were great. The broker struck a fine line that most brokers miss entirely, thus making them seem unfriendly and alien. That’s especially true if you’re a relatively new trader, and you’re likely all too familiar with how overbearing brokerages can be. The way Uberchains organizes its website is user-friendly and leads to an intuitive and pleasant browsing experience.

Fund and Account Security

 

Fund and Account Security

Online trading has seen its fair share of controversy during its popularization. During the time it’s been developing, it was more or less the wild west. Internet regulation, in general, was much weaker and, as such, much more exploitable by ill-intentioned participants.

The finance sphere has always been a scam magnet due to the large amounts of money involved. On top of that, a lot of people still fall and likely will always fall for get-rich-quick scams.

And while online security and regulation have gotten a lot better, and scammers are less prevalent, you still need to be careful. However, investigating a brokerage isn’t always the easiest thing to do, especially if you’re inexperienced. That’s where we come in, as we’ve researched the broker as an integral part of our Uberchains review.

Luckily, we’re confident that the broker is safe and means no harm to customers. The company has a rich history we can look at to ensure that it has no ill intentions. Even the fact that it’s been around for as long as it has is telling of how the company behaves.

Simply put, the financial landscape nowadays is pretty cutthroat. Since there are tons of alternatives, you need to stand out and treat customers away. If you don’t, your clients are a Google search away from finding an alternative and leaving forever. So for a broker to survive for long, it has to be both competent and safe. If they were unsafe, word would spread, and they’d no longer have the necessary influx of newer traders.

All that is sufficient proof of the broker’s honest intentions. We don’t predict you’ll have any security-related issues as long as you’re trading at uberchains.com.

The Trading Accounts

As we said earlier in our Uberchains review, one of the broker’s strengths is its experience. That allows it to reap the benefits of knowing how industry standards have shifted while innovating where it’s beneficial. Furthermore, it lets it avoid the common pitfalls that newer brokerages fail to dodge. That extends to the broker’s account structure as well.

Uberchains follows the standard account system in many regards. It has tiered account options that require users to reach a deposit requirement. Each option is a strict upgrade over all previous ones and brings new distinct advantages and features.

Where most brokers go wrong is trying to cater to everyone. So they end up with a budget account that’s totally unusable or luxury accounts that fail compared to competitors. And however they balance it, one side always suffers because of the other.

Uberchains avoid that issue by setting its minimum deposit relatively high to start with. It knows that its target audience is serious investors, so the minimum deposit is $10,000. That lets it balance out the accounts much better, as it doesn’t need to please everyone. Of course, that eliminates some customers right away, but most adept investors trade with even larger amounts.

So that allows the accounts themselves to be fairly balanced without omitting crucial trading features. It also doesn’t mean the broker doesn’t need to modify spreads or other crucial conditions based on your investments. That turns the accounts into a luxury and loyalty feature of sorts. If you want some extra features and assistance, go for it, but the impact on your actual success rate is minimal.

As we already said in our uberchains.com review, we feel like the system is beneficial to a large degree. Here are some of the properties you can expect:

The Trading Accounts

Bronze

  • Minimum deposit: $10,000
  • Personal account manager
  • Basic market education sessions
  • Personalized trading alerts
  • Risk-free trades

Silver

  • Minimum deposit: $25,000
  • Personal account manager
  • Basic market education sessions
  • Personalized trading alerts
  • Risk-free trades
  • Practical guided trading sessions

Gold

  • Minimum deposit: $50,000
  • Personal account manager
  • Basic market education sessions
  • Personalized trading alerts
  • Risk-free trades
  • Practical guided trading sessions
  • Higher leverage

Platinum

  • Minimum deposit: $100,000
  • Personal Account Manager
  • Exclusive access to our VIP Trading Signals Telegram Channel
  • Risk Management Strategies and Guidance
  • Basic Market Education Sessions
  • Personalised Trading Alerts
  • Risk Free Trades
  • Practical Guided Trading Sessions
  • Higher Leverage
  • Immediate & No fee Withdrawals
  • Independent Contract
  • Premium Platform Support

Uberchains’ Trading Platform

Uberchains’ Trading Platform

 

The platform the brokerage provides its users is in line with the rest of its service. It’s open and enables traders to go about their business in the way they prefer.

It’s an optimized web platform, meaning you can access it instantly from any PC with a browser. That lets traders move about, and makes it easier on traders that don’t have one specific trading hub. It also puts it ahead of other web platforms because of the native development.

Most browser platforms are actually downloadable terminals converted for browser support. That makes them much more clunky and often involves usability issues. Uberchains took a different approach that maximizes the usability and comfort of the software.

However, it’s not all about leisure. The software is also complex and allows for control customization and programming. There are standard features, such as take wins and stop losses, allowing your account to react to sudden market shifts if you’re away. The platform at uberchains.com also supports various visual analysis indicators, making inspecting markets simpler.

Trading Products

The asset variety at Uberchains allows it to welcome many different kinds of traders. Via CFDs, it allows them access to a ton of assets from all relevant trading categories around the world. Of course, the company is forex-focused, as many traders nowadays use currency trading as their primary income method.

As we mentioned earlier in our Uberchains review, it also included cryptocurrencies recently. That helps the broker reach modern audiences and remain up to date. Overall, the variety is solid, and no matter which asset you prioritize, there’s something for you.

Customer Service at Uberchains

The customer service at Uberchains is solid and quick to respond. The brand collected a group of capable individuals that are good communicators. On top of that, they’re knowledgeable about common usability issues. That lets them tackle user problems quickly and efficiently, minimizing trading downtime that would stem from them.

Email: [email protected]

Customer Service at Uberchains

Conclusion

Uberchains is what we like to see in a broker; a mix of critical thinking and innovation. A lot of brokers nowadays blindly follow trends that aren’t the most user-friendly or even sensible. And that copy-pasting means that the brokerages lose individuality and start looking like the same company over and over again. On the user end, that means less choice variety, as everyone is just doing what they think is popular.

Opposite that, Uberchains actually picks and chooses what it should or shouldn’t include in its service. That positions it as a more nuanced broker that’s actually self-aware and not a copycat. Naturally, that results in an organic and beneficial experience for customers. There’s no other way to end our Uberchains review than to recommend you try the broker yourself.