CFD Capital
CFD Capital Co., Ltd50.0No Regulation
CambodiaEst. 2020
1:1001 Platform
Is uag Markets a scam?
Wikilix independent safety report
0%Scam riskScam risk is our overall estimate that this broker is unsafe, from 0% (safe) to 100% (almost certainly a scam). It blends the six risk areas below, weighted by how strong the evidence is. Higher means riskier.
High risk (unverified)Our overall call, based on the evidence we could verify. From safest to worst: Appears legitimate, Insufficient evidence, High risk (unverified), Likely scam, Confirmed scam. A separate "Not a broker" verdict is used when it does not really offer trading.Confidence: MEDIUMHow sure we are of this verdict, based on how much solid, checkable evidence we found. Shown as Low, Medium or High.
2.5/5Safety rating 2.5 out of 5
The Wikilix safety rating, from 1 to 5 stars. It mirrors the scam risk (5 = safest, 1 = riskiest), so a higher risk percentage means fewer stars.UAG Markets is a high risk, unregulated forex broker that we cannot recommend. It holds no financial licence anywhere, several users say their balances were wiped when they tried to withdraw, and its…
Risk scorecard · each area scored 0 (clean) to 10 (worst)
Regulation7/10 · HighIs it overseen by a strict, well-known financial regulator? Offshore-only or missing licences score higher.Scored 0 (clean) to 10 (worst). This area is 7/10 (High).Identity & transparency5/10 · ModerateHow openly it shows who and where it is (legal entity, address, owners). Hidden details score higher.Scored 0 (clean) to 10 (worst). This area is 5/10 (Moderate).Withdrawals & conduct7/10 · HighCredible reports of clients being unable to withdraw their money. More such reports score higher.Scored 0 (clean) to 10 (worst). This area is 7/10 (High).Reputation7/10 · HighWhat independent reviews, regulators and watchdogs say about it. A poor track record scores higher.Scored 0 (clean) to 10 (worst). This area is 7/10 (High).Website claims5/10 · ModerateWhether the site claims (awards, years active, licences) actually check out. False claims score higher.Scored 0 (clean) to 10 (worst). This area is 5/10 (Moderate).Operational history6/10 · HighHow long and how consistently it has genuinely operated. Brand-new or murky history scores higher.Scored 0 (clean) to 10 (worst). This area is 6/10 (High).
Broker Summary
Summary of the broker
UAG Markets has been established as a broker of Forex and commodities since 2016 under the name UAG Trade Asia Co., Ltd., operating on the MetaTrader 4 (MT4) platform.
The UAG GROUP is based in Seychelles and St. Vincent and the Grenadines and provides services to traders globally via their website, uagtrade.com.
The company is relatively new to the market and provides limited insight into their operations.
UAG Markets provides access to the trading platform, MT4, which is regarded as user-friendly with advanced charting features and automated trading capabilities.
UAG Markets allows traders access to the following types of products:
Forex currency pairs
Forex index products
Gold and silver
Some soft commodities, including coffee and sugar.
Red flags raised include:
None of the products offered by UAG Markets are regulated.
UAG Markets does not have a regulatory authority and therefore does not offer any of the protections afforded to clients through segregated client accounts, compensation schemes, or regular audits.
UAG Markets has not made public information available about their trading conditions.
UAG Markets does not provide the following information about their trading conditions and charges:
Minimum deposit requirement - $100
Minimum trade size - 0.01 lots
Trading platform - MetaTrader 4 (MT4)
Available Instruments - Forex currencies, indices, metals and soft commodities.
Spreads - Not disclosed
Leverage - Not disclosed
Commissions - Not disclosed
Deposit Fees - Not disclosed
Withdrawal Fees - Not disclosed
Commission Fees - Not disclosed
Spreads - Not disclosed
Market reputation for UAG Markets is poor, with numerous reports citing the company as a scam, and listing difficulty in withdrawing funds, account cancellations without explanation, alleged manipulation of accounts, and fund loss.
Reports of problems began appearing from 2019 and are still coming in at the time of this report from multiple locations - Indonesia, Pakistan, and Thailand.
UAG Markets has provided no evidence of any changes made or improvements to the company during 2023 or 2024.
The website and communication from UAG Markets do not provide transparency.
In conclusion, UAG Markets provides access to Forex, indices, metals and soft commodities through MT4 with a low minimum deposit and minimum trade size. Due to the lack of regulatory oversight, vague trading conditions and fees, and poor market reputation, there are serious risks associated with trading with UAG Markets. It is highly recommended that traders consider regulated brokers with a clear operational structure and offer protection for client funds.
Regulatory Licenses
Compliance & oversight
No regulation
Trading with an unregulated broker puts your deposit at risk.
No regulation
We have not confirmed any regulation for uag Markets. An unregulated broker is not supervised by a financial authority, and money you deposit is protected only by the company itself.
What this means for you
- No compensation scheme covers your funds.
- No regulator to escalate a complaint to.
- No audit of how client money is held.
Account Types
Trading account options
No Account Types
Account type information is not available for this broker yet.
Funding Methods
Deposit & withdrawal options
4 methods
Bank Transfers (Wire Transfer)
Bank Transfers (Wire Transfer)
Deposit
Fee:Free
Min:USD 50
Max:N/A
Withdrawal
Fee:Free
Min:USD 1,000
Max:N/A
No additional fees charged by UAG Trade Asia; bank fees may apply. Widely available globally but subject to local banking regulations.
Credit/Debit CardsInstant
Credit/Debit Cards
Instant
Deposit
Fee:Free
Min:USD 50
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
No additional fees charged by UAG Trade Asia; card issuer fees may apply. Widely available globally but subject to card issuer and local regulations.
Online Transfers (E-wallets, PSPs)
Online Transfers (E-wallets, PSPs)
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:USD 10
Max:N/A
No additional fees charged by UAG Trade Asia; PSP fees may apply. Widely available globally but subject to PSP and local regulations.
Cryptocurrency
Cryptocurrency
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:USD 100
Max:N/A
No additional fees charged by UAG Trade Asia; crypto network fees may apply. Widely available globally but subject to local crypto regulations.
4
Free Deposit
4
Instant
1
Crypto
Trading Platforms
Professional trading tools
1 Available
MetaTrader 4
by MetaQuotes Software Corp. • 2005
Windows
Mac
Web
Android
+1
Rating
4.5
Status
Available
Type
Integrated
Platforms
Trading Software
Visit
Social Presence
Digital community engagement
5 platform
Scroll to see all 5 platforms
Company Registration
Legal entity checked against the official company registry
Legal entity
UAG Trade Asia Co., LTD.
Registration number
00031021
Jurisdiction
Cambodia
Registry
Cambodia Ministry of Commerce
Registered address
No. A10, Village 1, Sangkat Sras Chork, Khan Daun Penh, Phnom Penh, Cambodia
From our latest investigation · Verified Aug 13, 2026
Comments
Share your thoughts and experiences with uag Markets