The project attracts traders with promises of “fast execution of transactions” and security guarantees. Besides, the company indicates the address of its office in London, but this does not prove that it is based in the UK. Please note that licenses are not even mentioned on the official website, and there are no copies of the company’s title documents.
Is this platform reliable? You can learn all the basics of how this broker works by reading our review of The United Credit. After that you will understand whether it is safe to trade here.
How to Trade
The brokerage firm offers 4 types of accounts. Trading conditions vary depending on the client’s deposit amount. The main parameters of the platform are:
- Trade size from 0.01 to 50 lots.
- Stop-out levels is 5%.
- Spreads from 0.1 pip.
- There are no commissions.
- Leverage from 1:100 to 1:400.
You can trade cryptocurrencies, Forex, metals, and other assets. Scalping is allowed, there are deposit bonuses.
The intermediary offers its clients the services of a personal manager. You can contact technical support via the feedback form.
The United Credit Vital Info
The founders of this company prefer not to disclose information about themselves, their team, and the history of the project. So it’s no surprise that they don’t give any dates other than 2024, which is listed in the footer of the site. However, it is impossible to hide the domain registration date; we can see it was created in February 2023 and updated on June 28, 2024. This means that the project was launched somewhere between these two dates, which is not that long ago.
Probably, this broker has something else to hide from its clients. In addition, we have not found The United Credit on the UK or other international business register, and it is not on the FCA’s list of regulated entities. So the hero of our review is most likely operating outside the legal framework, without permission for financial activities.
I initially deposited $20,000 with the united credit and was given a “bonus” without my knowledge. I traded a bit with the analyst and we lost almost $4,300 and now I can't withdraw the remaining funds. The analyst is not returning my calls! This is very much like a regular scam!
This is a reliable broker that offers its clients favorable trading conditions and a high level of security. One of the main features is the availability of ECN-accounts. ECN accounts are a direct access to the interbank market, which guarantees that there is no conflict of interest between the broker and the trader.
This means that The United Credit does not earn on spreads, but receives a commission for each trading turnover made by the trader. Thanks to this, the broker offers low spreads and high liquidity. In addition, the project uses SSL encryption to protect the data of its clients. SSL connection is a security protocol that guarantees the confidentiality of information and protects it from being intercepted by hackers. Thus, the intermediary provides its clients with maximum security of their funds and information. In addition to security, you will find on the site a wide range of trading instruments. You can trade currencies, stocks, cryptocurrencies, etc. In addition, theunitedcredit.com has low competitive trading and withdrawal fees. The modern MetaTrader 4 trading platform is user-friendly and functional. The professional support team is always ready to answer any questions and help with problem solving.
The United Credit is a great choice for traders who are looking for a reliable broker with a high level of security. Overall, I recommend choosing this broker to anyone who wants to trade forex and CFDs without worrying about their capital.
I lost about 19,000 dollars on this site. I think it's a scam, and it's unlikely that anyone is profiting here other than the site owners.
It's a scam, the scammers work only for accepting money... I can't get my deposit of about €17,5k returned.
I lost more than $13k here and made sure that the united credit is not focused on cooperation with traders. They are only in the business of swindling money. The proof, besides my experience, is the lack of a license and a large (huge) deposit threshold. I hired lawyers, but they do not guarantee me anything.
Since there is no confirmation that the company has a license from the British regulator and financial commissions of other countries, such a site cannot be trusted. It will only lead you to a complete loss of your deposit, the amount of which starts from tens of thousands of dollars. I will not contact such a platform as The united credit and you decide for yourself...
The platform works terribly, because of which you will not be able to trade here with profit. Tech support is not responsive :( and doesn't help at all.
Sara S.
I did not see any support from the broker at the stage of account registration, zero help! I waited for an answer to my questions for 5 hours, and no one answered, it was on Monday, at 10:00 hours. I gave up this venture and moved to another broker, there were no problems there. I do not recommend it.
I registered with this broker two months ago. I trade a little, mostly in the mornings or on weekends, 2-3 days a week. I have realized so far that The United Credit has no bonuses except for the first deposit, the minimum deposit for entry is high, the support service responds quickly, but actually there is no help from the operators, I have to figure out many issues myself. I have withdrawn 2 times small amounts, the process goes without problems. I work with currency pairs. I hope that cooperation will be long.
I paid an additional 15% withdrawal fee!!! In addition, the security staff tortured me for two weeks to verify my account.
If you know how to properly use the possibilities of margin trading (it is very good that the site has a leverage of 1:100), you may reach an excellent level of earnings, as I did three months ago :) You ask me, how can you combine your own work with trading on the world financial markets in some brokerage firm? It's easy to do, you just devote 2 or 3 hours to this activity, and do at least 5-6 financial transactions in one trading session with The United Credit analyst. You can invest even less effort if you don't have the time. Withdraw your profits in any way.
I was hoping that with a large amount of money in my account I would have more opportunities to make money on theunitedcredit.com, but things went differently. After I opened the first transaction, access to my account was suddenly interrupted and I was unable to re-enter. The problem persists for the second week already!!! I already tried to change my password and contacted support, but all to no avail...
I have experience in trading for more than 3 years, now I work with two companies at the same time. When I decided to choose a new broker, I analyzed the offers for a long time. I opened an account with The United Credit, although, of course, I was scared to deposit 12,500 USD. However, the first transactions showed that the spreads here are adequate, there are no slippages, and the support is responsive. I withdrew money 3 times, the first time I got a problem - I applied and it was lost in the system. I had to contact the support team and make an application again. Withdrawal went without problems the second and third time. The money came on the third day to my e-wallet. I like trading on MT4. In general, the broker suits me, but another broker, with whom I also cooperate, has more attractive conditions. I rate the work of the terminal at four stars.
I am a beginner trader and I was bribed by the promises of the employees of this company that a professional analyst would help me and I would have a profit of at least 20% per month on theunitedcredit.com. It turned out that analysts are good psychologists and they put you in a trusting relationship. I had a few successful first trades, but then I had a series of losing trades, although there was an opportunity to make a small profit, not a loss. I advise everyone to double-check the advice of analysts 10 times, I learned from my experience that it is better to act on your own. It is possible that the profit will be smaller, but you will not lose the money so quickly.
As a result of cooperation, this scam stole my 15,000 dollars... These freaks did not let me withdraw my money by canceling the application, then arranged that all trades were unprofitable and I quickly spent my deposit.
Managers behave dishonestly with clients. They lure everyone as a safe forex project on the STP market, but in fact - it is very similar to the B-book scheme. Although the terminal is convenient and does not glitch, it raises doubts. I can't understand: are the funds transferrred to the market or distributed among the team of THE UNITED CREDIT?!! I am going to close all accounts here now and move to another platform .
The representatives of the broker found me on social networks and started to persuade me to open an account and deposit 25,000 dollars. I saw that the minimum deposit on the site indicated 12,500 dollars and asked why I need to invest twice as much? They explained to me that the more I invested, the more profit I would get. I agreed. However, after depositing the money, my account was immediately BLOCKED and these managers do not contact me. I am in despair.