UnitedPips

Written by How we review

UnitedPips Ltd is an offshore forex and CFD broker registered in Castries, Saint Lucia. It offers its own MegaTrader web and mobile platform, fixed spreads from 0.7 pips with no commission, leverage up to 1:1000 and a $10 minimum deposit. It holds no financial-services licence: Saint Lucia does not license forex brokers, and the “IFSA Verified” badge on its website is a private verification service, not a regulator.
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Key facts

4/10
Our rating
#196
Trust rank
1
Licences
None (Saint Lucia IBC registration only)
238
Countries accepted
$10 (Standard account)
Min deposit
HeadquartersSaint Lucia
RegulationNone (Saint Lucia IBC registration only)
PlatformsProprietary
InstrumentsCryptocurrencies, Forex, Metals
Max leverage1:1000
Spreads from0.7 pips (fixed, Standard account)
CommissionNone (spread-only pricing)

Updated · Facts verified by BrokerCatalogue Editorial: broker website, ifsa.co record, Verisign RDAP, Saint Lucia FSRA notices on 12 Oct 2026

Spreads from
0.7 pips (fixed, Standard account)
Commission
None (spread-only pricing)
Minimum deposit
$10 (Standard account)
Maximum leverage
1:1000
Deposit methods
Visa, Mastercard, PayPal, cryptocurrency
Account types
Standard, Premium, VIP
Demo account
Yes (web and mobile)

Pros

  • • Low entry: $10 minimum deposit on the Standard account
  • • Own MegaTrader platform on web and mobile, with a free demo
  • • Fixed spreads from 0.7 pips and no commission
  • • Deposits by Visa, Mastercard, PayPal and cryptocurrency
  • • Swap-free (Islamic) accounts on request

    • Cons

  • • No financial-services licence: Saint Lucia company registration only; the "IFSA Verified" badge is a private verification service, not a regulator
  • • No investor compensation scheme and no regulator to complain to
  • • Leverage up to 1:1000 and a 40% deposit bonus, both banned for retail clients in the EU, UK and Australia
  • • Narrow range beyond forex: four metals and four cryptocurrencies listed, no indices or shares
  • • Short verifiable track record: domain registered May 2024, the "since 2016" claim is unverified, and one public withdrawal complaint (WikiFX, January 2026)

    • Key Features

  • • Entity: UnitedPips Ltd, Block A, Apt 149, High Street, Castries, Saint Lucia
  • • Regulation: none. Saint Lucia IBC registration; the IFSA record (BR-21718994-JNT) is a private verification badge, not a licence
  • • Platform: MegaTrader on web and mobile, free demo account
  • • Accounts: Standard ($10 minimum), Premium and VIP; swap-free on request
  • • Pricing: fixed spreads from 0.7 pips, no commission, leverage up to 1:1000
  • • Funding: Visa, Mastercard, PayPal and cryptocurrency; 40% deposit bonus advertised

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    Where This Broker Ranks

    How we review: We rate brokers on regulation, safety of client funds, trading costs, platforms and tools, execution, and reputation, using independent research and hands-on platform testing where possible. Partners cannot buy higher scores. This content is informational only, not investment advice.

    See our Methodology and Risk Disclosure for full details.

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    Frequently Asked Questions

    No. UnitedPips Ltd is registered in Saint Lucia as an international business company. Saint Lucia's Financial Services Regulatory Authority does not license forex or CFD brokers, and we found no licence for UnitedPips with any financial regulator. The "IFSA Verified" badge on its website comes from ifsa.co, a private verification service, not a government regulator. Checked 12 October 2026.

    It is a registration number issued by ifsa.co, which calls itself the International Financial Services Authority. It is a private website that checks a broker's identity, domain and documents and lists it on its own register. It is not a financial-services licence, and it gives clients no regulator to complain to and no compensation scheme.

    Its stated address is Block A, Apt 149, High Street, Castries, Saint Lucia. UnitedPips told us it has operated since 2016, but we could not verify that: the registration number on its IFSA record (2021-001213) suggests a 2021 incorporation and the unitedpips.com domain was registered on 13 May 2024. We show no founding year until the broker provides its certificate of incorporation.

    UnitedPips uses its own MegaTrader platform on web and mobile, with a free demo. It advertises fixed spreads from 0.7 pips with no commission and leverage up to 1:1000. Leverage that high is not permitted for retail clients in regulated markets such as the EU, the UK or Australia.

    The Standard account starts from $10; the Premium and VIP tiers have higher thresholds that are not published. Deposits are accepted by Visa, Mastercard, PayPal and cryptocurrency. A 40% deposit bonus is advertised; read the bonus terms, because bonuses usually restrict withdrawals until a trading volume is met.

    Treat it as a high-risk, unregulated broker. There is no regulator to complain to and no compensation scheme if the company fails. Public review sites rate it poorly and list a withdrawal complaint. If you trade with it, keep deposits small and test a withdrawal early. This is general information, not investment advice.

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