Located in the Marshall Islands, Brokerunity is an online financial services provider that was formed by a team of traders. The broker claims to be built on the core values of fairness, transparency, and customer support. They allow traders to buy and sell a range of financial instruments across five asset classes — forex, stocks, commodities, indices, and metals — using the MT4 trading platform. There are various trading account options with a required minimum deposit of $250.
Brokerunity Review, Pros & Cons
- User-friendly MetaTrader 4 platform
- Educational resources
- Various financial instruments
- Unregulated broker
- Located offshore
- Limited funding options
- Minimum $250 deposit
- No USA traders
In this detailed Brokerunity review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Brokerunity is a retail broker that offers access to the global financial markets via the MT4 trading platform. There is a selection of learning and trading tools as well as a 24/6 customer support team that assists traders. Traders are provided with various trading conditions, including tight spreads, rapid trade execution, various account types, flexible deposit & withdrawal methods, and more.
Brokerunity is owned and operated by Kode Tech Solutions Limited with the registration number: 105303. There is no regulatory information on the broker’s website at the moment. Many experts and professionals would not trade with an unregulated broker as they cannot offer the same protection to investors that a regulated brokerage firm can. Please see our trading broker reviews for alternative regulated brokers.
Traders from different parts of the globe can open a trading account with the broker provided that doing so would not be contrary to any local laws or regulation.
Some Brokerunity features and products mentioned within this Brokerunity review may not be available to traders from certain countries because of legal restrictions.
Trades are executed via the popular MetaTrader 4 trading platform. It is an advanced trading platform that was launched in 2005 by the Russian software company, MetaQuotes. The platform is designed with an intuitive interface, yet it has various sophisticated functionalities to suit even the most advanced traders. The broker makes the MT4 trading platform available as a desktop application for Windows and Mac computers; WebTrader that runs directly on modern web browsers, such as Chrome, Safari, Firefox, and Edge; and a mobile app that is designed for mobile devices running on Android and iOS.
Brokerunity Trading Tools
There are various technical analysis tools on the broker’s website to help traders get a better trading experience.
The broker’s website has an Education Centre, which is loaded with various educational resources — learning articles, trading guides, glossaries, and more. There is an FAQ section on the broker’s website; it answers some of the common questions that traders may have.
Brokerunity offers the following trading instruments: forex, indices, stocks, commodities, and metals.
Brokerunity Accounts & Fees
Brokerunity has three types of trading accounts that cater to different clients’ needs, and they include Silver, Gold, and Platinum Accounts. Each type of account has its own set of benefits, with flexible leverage and additional support.
As broker fees can vary and change, there may be additional fees that are not listed in this Brokerunity review. It is imperative to ensure that you check and understand all of the latest information before you open a Brokerunity broker account for online trading.
The broker provides traders with a competent customer support team who are available 24/6 to respond to clients’ general, technical, and account-related inquiries. The support team can be reached via telephone, email, online form, Live Chat, or by visiting their physical office in Majuro, Marshall Islands.
Brokerunity Deposit & Withdrawal
Traders are allowed to deposit and withdraw funds using any of the following payment methods: major credit cards, e-payments, and bank transfers.
Brokerunity Account Opening
To open an account, click on the ‘Register Now’ icon on the homepage of the broker’s website. Ensure you properly fill the account application form, providing all the required details.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree with them.
Brokerunity is a multi-asset brokerage firm that operates from the Marshall Islands. They provide traders with easy access to various financial markets. Trades are executed on the MT4 trading platform, which is available in desktop, web, and mobile versions. Traders are provided with educational resources as well as a 24/6 customer support team to assist them. There are various trading account types with a minimum deposit requirement of $250. However, there is no regulatory information on the broker’s website at the moment.
Trading with foreign exchange (FX), contract for differences (CFDs), and precious metals carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange or contract for differences, carefully consider your investment objectives, experience level, and risk tolerance.