UMO Markets Review
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Fast Facts
Contact Info and Support
Traffic information
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| Ratings | Global Rank | - |
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| Engagement metrics | Visits | 0 |
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| Estimated monthly visits | February 2026 | 0 |
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| Traffic sources | Social | - |
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About UMO Markets
UMO Markets is not regulated by any recognised financial authority. The firm claims registration with the Saint Vincent and the Grenadines Financial Services Authority under license number 25600BC2019, although this authority does not regulate forex services or issue relevant licenses (). According to regulatory warnings, the website umomarkets.com was found to be inactive as of 8 July 2022, a suspension that raises serious integrity concerns ().
Available trading account types include Micro (minimum deposit $10, maximum leverage up to 1:500, spreads from 3 pips), Standard (minimum deposit $200, leverage up to 1:300, spreads from 3 pips), and ECN (minimum deposit $300, leverage up to 1:200, spreads from 0.2 pips plus $5 per lot). Platform access is via MetaTrader 5; however, the version offered appears to be unbranded and not directly affiliated with UMO Markets. The entity presents different corporate names (“United Market Oracle Limited” versus “UMO Markets Limited”) in different disclosures ().
Pros and cons
Pros
- Low minimum deposit of $10 for Micro account
- Offers access to MetaTrader 5 platform
Cons
- Absence of regulation and oversight by recognised authorities
- Operation under inconsistent company identities and jurisdictions
- High spreads and commissions for lower-tier accounts
- Inactive main website potentially indicating operational issues or scam risk
