WikiFX

Reply

As an independent forex trader with a strong focus on safety and compliance, I scrutinize every broker I consider using. With Univest Securities, based on the available information, I find the most pressing issue is their lack of regulation. There are also warning signals about a suspicious regulatory license and a high potential risk classification. I could not find any verified details regarding their commission structure—for example, whether they charge a commission per lot on ECN or raw spread accounts—which immediately raises concerns for me. Whenever a broker is unregulated, transparency about fees and account conditions often becomes murky. In my experience, trustworthy brokers make their fee structures clear, especially regarding commissions on specific account types like ECN or raw spreads. The absence of such details at Univest Securities, combined with their unregulated status, makes it difficult for me to form a confident understanding of what costs I, or any trader, might incur. Due to these factors, I would not make any funding or trading decision with Univest Securities until there is full, independently verifiable information about both their regulatory standing and their commission model. For me, certainty about costs and regulatory protection is essential before trading with any provider.