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4.26 /5

  • UnitedPips Fees and Costs

    4.6

  • UnitedPips Account Types

    4.8

  • Markets and Assets Available

    3.2

  • Trading Platforms and Tools

    4

  • UnitedPips Deposits and Withdrawals

    4.5

  • UnitedPips Customer Support Review

    5

  • Is UnitedPips Safe and Legit?

    3.7

How We Test Forex Brokers

UnitedPips Review Summary

UnitedPips is a high-leverage forex and CFD broker offering fixed spreads, commission-free trading, a $10 minimum deposit, and leverage of up to 1:1000. It provides access to forex pairs, commodities, and cryptocurrencies, alongside multiple account types and a 40% deposit bonus. Its main strengths are accessibility, flexible funding options, and a straightforward account setup, although its range of instruments could be broader.

Quick Verdict: Is UnitedPips Worth It?

UnitedPips is worth considering for traders who value fixed spreads, high leverage, commission-free trading, and swap-free accounts. Its low entry requirements and flexible funding options may also appeal to traders seeking a straightforward trading experience.

Who UnitedPips Is Best For

  • Forex traders who want fixed spreads instead of variable spreads.
  • Small-account traders who want to start from $10.
  • High-leverage traders who understand margin risk and use strict position sizing.

Who Should Avoid UnitedPips

  • Copy-trading and social-trading users.
  • Long-term investors who need stocks, ETFs, bonds, or retirement-style portfolios.

Pros

  • Low minimum deposit
  • Fixed spread model with no trading commission
  • Islamic account availability
  • 24/7 human support by live chat, phone, email, and ticket

Cons

  • Asset range is focused on forex, commodities, and crypto
  • No copy trading or social trading

What Is UnitedPips?

Company Background

UnitedPips is an online NDD forex and CFD broker established in 2016, offering a spread-only pricing model. Its registered address is Block A, Apt 149, High Street, Castries, Saint Lucia. The broker is regulated by IFSA under license number BR-21718994-JNT and is not publicly traded.

Available Countries

UnitedPips accepts international clients but restricts several jurisdictions. The restricted countries are Bangladesh, China, Iran, Indonesia, Italy, Nigeria, North Korea, Pakistan, Russia, Sudan, and Syria. Traders should check eligibility before registration.

UnitedPips Fees and Costs

4.6/5

Trading Fees

UnitedPips offers competitive fixed spreads starting from 0.7 pips, with zero trading commissions and swap-free conditions across all accounts. This pricing structure helps traders plan their trading costs more effectively. However, traders should remain mindful of potential slippage during periods of high market volatility.

Deposit and Withdrawal Fees

Deposits are fee-free, and crypto and card withdrawals incur no broker fees. PayPal withdrawals are subject to a 5% fee. Withdrawals generally need to be made using the same method as the original deposit, while profits can be withdrawn through supported cryptocurrencies or e-wallets.

Inactivity and Account Fees

UnitedPips does not charge inactivity fees or account-opening fees, making it a convenient option for casual traders who may not trade regularly.

Bonus and Promotions

UnitedPips offers a 40% deposit bonus. The bonus is tradable but cannot be withdrawn. The maximum bonus is $500 on Standard, $1,000 on Premium, and $2,000 on VIP.

This bonus is useful only for traders who understand bonus terms. A non-withdrawable trading bonus can increase margin, but it is not the same as cash equity. 

Currency Conversion Fees

UnitedPips charges no currency conversion fees, helping traders keep funding costs simple and transparent. When funding in a different currency, the applicable exchange rate will depend on the payment provider, card issuer, wallet, or crypto exchange used.

Overnight and Swap Fees

UnitedPips offers swap-free conditions across all account types by default, making it easier for traders to hold positions overnight without incurring swap fees. In addition, its Islamic account structure is designed to align with Sharia principles, providing a straightforward option for traders seeking interest-free trading conditions.

UnitedPips Account Types

4.8/5

Standard Account

The Standard account is an accessible entry-level option for new UnitedPips users, with a minimum deposit starting at $10. It allows traders to explore the platform and its features while starting with a smaller balance and managing their risk according to their trading strategy.

Premium Account

The Premium account is designed for traders looking for a higher-type account structure, with a maximum bonus allocation of $1,000. It suits those who have already tested the platform, including its deposits, withdrawals, spreads, and overall stability, and are ready to consider a larger trading balance.

VIP Account

The VIP account caters to traders seeking the highest bonus allocation available, capped at $2,000. It may appeal to more active traders planning to deposit larger amounts and looking for an account type that aligns with their trading needs and goals.

How to Open an Account with UnitedPips

Signup Process

To open a UnitedPips account, traders need to register, confirm their email address, log in to the Client Cabinet, and create a trading account before they can begin trading.

Verification Requirements

KYC verification is required to access all deposit methods and withdrawals on UnitedPips. The process involves verifying the trader’s identity and address, while deposits must be made from an account held in the same name as the UnitedPips account. Full verification must be completed before withdrawals can be processed.

Minimum Deposit

UnitedPips offers a minimum deposit starting at $10, allowing traders to open an account with a relatively small initial balance. 

How Long Account Approval Takes

Account registration is digital, and the activation email is sent after signup. Full approval depends on KYC review. It normally takes 1–2 hours, but document approval can take longer if files are unclear or names do not match.

Markets and Assets Available

3.2/5

Forex Pairs

UnitedPips offers major, minor, and exotic forex pairs. The broker is strongest for traders who focus on major FX pairs and want fixed spreads. The maximum leverage is 1:1000. The margin call level is 30%, and the stop-out level is 10%.

Commodities

UnitedPips supports commodity trading, with metals such as gold, silver, platinum, and palladium. There are no restrictions on leverage for trading gold and other precious metals.

Cryptocurrencies

UnitedPips supports crypto trading and crypto funding. Crypto assets include Bitcoin, Ethereum, Ripple, and Litecoin. However, cryptocurrency CFDs can involve significant price volatility, leverage, and execution risks. Traders should therefore consider their risk tolerance and use appropriate position sizes, particularly when trading crypto with leverage.

Trading Platforms and Tools

4/5

MegaTrader Trading Platform

UnitedPips offers trading through the MegaTrader platform, accessible via desktop browsers, mobile browsers, and a dedicated Android app. All versions feature a TradingView-style interface, intuitive charting tools, and a wide range of technical indicators to support market analysis and trade management.

Desktop Version

The desktop version provides access to advanced charts, technical indicators, and analytical tools, making it suitable for traders who prefer a larger screen for market analysis and trade planning.

Mobile Web Version

The mobile web version allows traders to monitor markets and manage their trades through a user-friendly interface, offering convenient access without requiring a dedicated app.

Android App

UnitedPips also provides a dedicated Android application for traders who prefer accessing the platform through a mobile app, allowing them to monitor markets and trade on the go.

Research and Charting Tools

MegaTrader combines charting capabilities with technical indicators and analytical tools to help traders assess market movements and plan their trades. Additional features include trading statistics for reviewing performance, a session clock for tracking market hours, and trailing stops to adjust stop-loss levels as prices move in a favorable direction.

Educational Resources

UnitedPips offers a range of educational resources, including a trading glossary, daily market analysis, an FAQ section, and helpdesk support. The glossary explains key trading terminology, while daily market analysis helps traders follow market developments. Additionally, pip, margin, and profit calculators assist with trade planning and risk assessment, while the FAQ and helpdesk provide guidance on platform features, account management, and trading procedures.

UnitedPips Deposits and Withdrawals

4.5/5

Payment Methods

UnitedPips supports deposits and withdrawals through Visa, Mastercard, and PayPal, as well as a range of cryptocurrencies, including Bitcoin, Ethereum, Dogecoin, Tether (USDT), Ripple (XRP), Dash, Bitcoin Cash, Tron (TRX), and Litecoin.

Deposit Times

The time it takes for funds to reach a UnitedPips account depends on the chosen payment method. E-wallet and crypto deposits are typically instant, with Bitcoin and Ethereum transactions credited without waiting for blockchain confirmations. Card payments are typically credited promptly once the issuing bank releases the funds.

Withdrawal Times

Average withdrawal processing is 1 to 24 hours for e-wallets and crypto, and 1 to 15 business days for card withdrawals. PayPal withdrawals are typically processed within 1 to 72 business hours. 

Withdrawal Limits

The minimum withdrawal for some methods, including PayPal and credit or debit cards, is $50 when the account balance is above $50. If the balance is below $50, the minimum withdrawal equals the remaining balance.

Deposit Methods:

Bitcoin
Bitcoin
Dash
Dash
Dogecoin
Dogecoin
Ethereum
Ethereum
Litecoin
Litecoin
Mastercard
Mastercard
PayPal
PayPal
Ripple
Ripple
Tether
Tether
Tron
Tron
USD Coin
USD Coin
Visa
Visa

Withdrawal Methods:

Bitcoin
Bitcoin
Dash
Dash
Dogecoin
Dogecoin
Ethereum
Ethereum
Litecoin
Litecoin
Mastercard
Mastercard
PayPal
PayPal
Ripple
Ripple
Tether
Tether
Tron
Tron
USD Coin
USD Coin
Visa
Visa

UnitedPips Customer Support Review

5/5

Support Channels

UnitedPips provides customer support through live chat, email, phone, and support tickets. Traders can contact the support team at [email protected] or call +1 (205) 350-3000 or +44 203 985 6260 for assistance.

Response Times

Support hours are 24/7 with human support. The average response time is around 30 seconds for chat and phone, and 1 hour for email. Fast contact is a strength, especially for traders dealing with payment or verification questions.

Support Quality

UnitedPips offers several support channels, including live chat, phone, email, and tickets. The support team provides clear answers and helpful guidance, making it easier for traders to resolve account-related questions and get assistance with deposits, withdrawals, and platform features.

Languages Available

UnitedPips provides multilingual support, allowing traders from different regions to communicate with the support team in their preferred language and receive assistance.

UnitedPips User Reviews and Complaints

Positive User Reviews

Trustpilot shows a 4.2 rating from 26 reviews. The review split is 77% 5-star, 15% 4-star, 0% 3-star, 0% 2-star, and 8% 1-star. Positive reviews commonly mention fast withdrawals, high leverage, and support quality.

My last withdrawal was about 210 usd and it was paid after only 30 minutes.

This positive pattern matches the broker's strength: traders like simple funding, fixed spreads, and fast access when payments work smoothly.

Negative User Reviews

Some users note that card withdrawals can take longer to process than other payment methods and would prefer a faster turnaround. While processing times vary depending on the method used, having a clear understanding of expected withdrawal times can help traders plan their transactions more effectively.

Common UnitedPips Complaints

  • Card withdrawals take longer to process compared to other methods.

Trustpilot and App Store Ratings

Trustpilot lists UnitedPips at 4.2 from 26 reviews and marks the profile as claimed. It also shows that the company replied to 100% of negative reviews and typically replied within 1 week.

Verification Issues

Verification is required to access all deposit methods and process withdrawals. Traders should ensure their identity and address documents are valid and that all details match their account information to help avoid delays.

Best UnitedPips Alternative

Best Alternative for Beginners

OANDA is a stronger beginner alternative for traders who want clearer pricing, stronger educational depth, and a more established global brand. It is better for the learning process and risk control. UnitedPips is easier to start with a $10 deposit and high leverage.

Best Alternative for Low Fees

IC Markets is the stronger low-fee alternative for active forex traders. Its raw-spread account structure is built for low spreads and commission-based pricing. UnitedPips has a simple no-commission fixed-spread setup, but high-volume traders usually get better total costs from raw-spread accounts when execution is strong.

Best Alternative for Advanced Traders

Pepperstone is a stronger alternative for advanced platform users because it supports a wider trading-platform ecosystem. It is better for traders who want MetaTrader, cTrader, TradingView-style workflows, automated strategies, and advanced add-ons. UnitedPips is better for traders who want a simpler proprietary web platform.

Best Alternative for Forex or CFD Trading

IG is a stronger alternative for broad CFD access and market coverage. It is better for traders who want forex, indices, shares, commodities, options, and larger market choices under a more established brand. UnitedPips is more focused and better suited to traders who mainly need forex, metals, crypto, fixed spreads, and high leverage.

How UnitedPips Compares for Different Traders

UnitedPips for Beginners

UnitedPips offers beginner-friendly features, including a $10 minimum deposit, a demo account, simple account options, and trading calculators. Beginners can practice on the demo account first before moving to live trading with small positions and careful risk management.

UnitedPips for Day Trading

UnitedPips suits day traders with its fixed spreads, one-click trading, and zero commissions. However, traders should consider execution during major news events and note that API trading is not available.

UnitedPips for Forex Trading

UnitedPips focuses primarily on forex trading, with spreads starting at 0.7 pips on EUR/USD and 1.3 pips on GBP/USD. Combined with its NDD model, fixed spreads, high leverage, and swap-free accounts, these features suit active forex strategies. However, traders should manage leverage carefully and maintain strict risk controls.

UnitedPips for Long-Term Investors

UnitedPips offers swap-free trading across all accounts, allowing traders to hold positions overnight and for extended periods without incurring swap fees. This can benefit traders who follow longer-term strategies, as they can manage their positions without the additional cost of overnight swaps.

UnitedPips for Crypto Trading

UnitedPips offers cryptocurrency CFDs, allowing traders to speculate on price movements without owning the underlying assets. With access to cryptocurrencies such as Bitcoin, Ethereum, and Litecoin, the platform provides an alternative for traders looking to include crypto markets in their trading strategies.

Is UnitedPips Safe and Legit?

3.7/5

Licensing and Regulation

UnitedPips offers negative balance protection, helping prevent traders from losing more than their available account balance during periods of extreme market volatility. This feature is particularly relevant when trading with leverage.

Negative Balance Protection

UnitedPips provides negative balance protection, helping ensure traders do not lose more than their account balance, even during periods of high market volatility. This is especially useful when trading with leverage.

Segregated Client Funds

UnitedPips also offers segregated client funds, keeping client money separate from the broker’s operational funds. This measure provides an additional layer of financial protection.

Final Verdict

UnitedPips is best suited to experienced forex and CFD traders seeking fixed spreads, high leverage, crypto funding options, and a low minimum deposit. Its main strengths include commission-free trading, swap-free accounts, and flexible funding methods, making it suitable for traders with different trading styles and holding periods. Additionally, the $10 minimum deposit provides an accessible entry point, while the MegaTrader platform offers charting tools and technical indicators for market analysis. Together, these features make UnitedPips a practical option for traders who prioritize straightforward pricing and flexible trading conditions.

UnitedPips Review FAQs

Does UnitedPips charge commission?

UnitedPips charges no trading commission. The broker uses a fixed-spread model, so the main trading cost is the spread.

What platforms does UnitedPips offer?

UnitedPips offers the MegaTrade platform for PC and mobile browsers, with a dedicated mobile app available for Android users.

How long do UnitedPips withdrawals take?

E-wallet and cryptocurrency withdrawals are processed within 1–24 hours, card withdrawals take 1–15 business days, and PayPal withdrawals take 1–72 business hours.

Is UnitedPips good for beginners?

UnitedPips is accessible to beginners thanks to its low minimum deposit, demo account, user-friendly web platform, essential trading tools, and educational materials.

Amy Baily is a Forex education writer with over nine years of experience in trading and market analysis. She focuses on risk management, trading psychology, and the importance of maintaining a disciplined approach to the markets.

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