uag MARKETS

UAG Markets is the trading name of UAG Trade Asia Co., LTD., a brokerage incorporated in Cambodia on 29 March 2023. Its registered address is No. A10, Village 1 Sangkat Sras Chork Khan Daun Penh Phnom Penh, Cambodia. The firm reports having zero employees, a detail that may raise questions about its operational scale.

Despite its recent establishment, UAG Markets presents itself as a provider of online trading services, with a focus on forex, metals, and energies. The company aims to serve a global retail clientele through multiple account types and a leveraged trading environment.

FXCanary has found no verified regulatory license for UAG Markets. The broker is not authorised by any recognised financial authority. While it is registered as a company in Cambodia, that registration does not equate to a financial services licence from the Securities and Exchange Regulator of Cambodia (SERC) or any other competent body. In practice, this means clients have no statutory fund protection or access to compensation schemes.

Operating without oversight is a significant departure from brokers in regulated jurisdictions, where capital requirements, segregated client accounts, and external dispute resolution are mandatory.

UAG Markets structures its offering around three account tiers: ECN, Standard, and Micro. The ECN account requires a minimum deposit of $100, offers leverage up to 1:100, and features raw spreads from 0.0 pips alongside a commission starting at $4 per lot.

The Standard and Micro accounts share similar terms: a very low minimum deposit of just $10, maximum leverage of 1:500, spreads starting from 1.3 pips, and no commission. These accounts appear designed for beginners or traders who wish to test strategies with minimal capital, though the extremely high leverage introduces significant risk of rapid loss.

All three account types give access to the same range of instruments: 38 forex pairs, 2 metals pairs, 3 energies pairs, and 12 indices.

The broker’s product catalogue is concentrated on 55 instruments. Forex makes up the bulk, with 38 currency pairs, supplemented by two metals (likely gold and silver), three energies (likely crude oil, natural gas, etc.), and twelve indices. There is no mention of cryptocurrencies, single stocks, or soft commodities.

UAG Markets claims to support the popular MetaTrader 4 (MT4) platform, which is widely used in the industry and offers advanced charting, automated trading, and a customisable interface. The broker does not clarify whether it also offers a web‑based or mobile‑specific platform, though MT4 is available across devices.

The broker lists five deposit and five withdrawal methods, but it does not publicly name the specific providers. In practice, this could include wire transfers, credit/debit cards, e‑wallets, or cryptocurrencies, though no confirmation is given. A lack of transparency on funding can be a warning sign, as it makes it harder for clients to assess processing times, fees, and jurisdictional protections.

Customer support is advertised through phone, email, and live chat. However, with zero employees on record, the actual availability and responsiveness of that support remain untested.