Dear Customers of UBK Markets,
We would like to inform you that the Company’s specialists have been conducting complex works on improving the functionalities of the planned service “Portfolio Manager” over the last 18 months. The obtained consistent results regarding the optimization of intelligent processing algorithms of the iPA technology guaranteed quality improvement in iPA-Managers’ trading signals transmitted to Processed accounts.
Thus, from now on, profitability of Processed accounts of iPA-Managers has increased by more than 15%. In other words, the number of profitable trading signals in accounts of this type has grown. Therefore, the chances of iPA-Investors to gain profit when they copy trading signals from a Processed account have significantly increased.
In addition, from now on, the improved results in Processed accounts allow iPA-Managers, whose trading signals are processed by special algorithms, to also get bigger remuneration if they follow the recommendations for trading using the iPA technology.
The Company keeps conducting research activities to update and improve the algorithms of the iPA technology and will present new developments in this area in the future, as well as execute scheduled updates in order to help our Customers get income and achieve financial stability.
During the Christmas and New Year holiday period from December 24, 2018 to January 2, 2019 financial market will be open according to the following trading schedule:
December 24 – market closes at 18:00 according to UTC;
December 25 — market is closed;
December 26 — market opens at 9:00 according to UTC;
December 28 — market closes at 18:00 according to UTC;
December 31 – market is closed;
January 1 — market is closed;
January 2 — market opens at 9:00 according to UTC.
Please note that the low market liquidity and high volatility during the Christmas and New Year holiday period may result in changes to the trading conditions such as wider spreads, order processing delays and increased margin requirements.
We would like to inform you that according to requirements of the Cyprus Securities and Exchange Commission (CySEC), it is necessary to make changes in trading conditions provided by Cyprus Investment Firms (CIF) for customers to execute trades in the financial market on their own.
Our Company is required to change trading conditions of Live accounts according to the current standards and requirements. As provided by the above regulatory requirements, from now on, the size of leverage for these types of accounts will depend on the financial instrument. For major financial instruments (EUR/USD, GBP/USD, USD/CHF, USD/JPY, USD/CAD, AUD/USD, NZD/USD) the leverage will be established by default without exceeding the level of 1:30 taking into account the current trading conditions. For additional financial instruments the leverage size will be 1:20.
On the basis of the updates mentioned above, we have decided to change trading conditions for iPA-Investor accounts as well, which will allow us to bring trading conditions to a common standard concerning the use of leverage. The previous leverage size was 1:50 for accounts with the volume of funds from 20 to 10,000 USD. Since publication of this news, the leverage for iPA-Investor accounts with the volume of funds up to 10,000 USD on the balance will be determined by the type of financial instrument and will be:
Please note that due to the changes in trading conditions for iPA-Investor accounts, the yield, published in the Long List of iPA-Managers, will be calculated taking into account the change in leverage.
UBK Markets specialists have conducted scheduled works on improving functionality of the provided services in order to make the use of the Company’s products and services more convenient.
Now it has become easier and more convenient for iPA-Investors to monitor the status of their accounts in the Portfolio. The previously added ability to select the chart display for each iPA‑Investor account in the Portfolio (the profit chart in the deposit currency or the chart of dynamics of the iPA-Manager’s trade profitability in pips) was improved by introducing the mechanism to save settings when switching the chart display. Thus, when moving to other website pages and sections, as well as when logging out of “My Account” section, the selected chart display will be saved and set by default. You still have to click on a certain button in the block containing parameters of the iPA-Investor account in order to change the display mode.
UBK Markets info reference website is now available in the English language, which allows the Company’s Customers worldwide to learn helpful information on how to use all our products and services. We will expand gradually the existing database of reference materials and supplement it with new articles, which will significantly help you in your work with products and services of UBK Markets.
We also optimized algorithms of intelligent processing of trading signals for Processed accounts of iPA-Managers. This allowed us to improve the accuracy of forecasts regarding Managers’ activities provided that they follow the iPA technology trading rules. Thus, the efficiency of the improved processing algorithms, compared to previous ones, makes it possible to increase the profit stability in the Processed accounts by 15%.
We also inform you that the launch of the “Portfolio Manager” service and the opportunity to copy trading signals in the Portfolio were rescheduled due to the fact that the Company is actively involved in the most progressive direction — the crypto industry. We create unique solutions based on the Blockchain technology in order to provide our Customers and Partners with the most beneficial and promising ways of getting profit.
We believe that new opportunities will help you to effectively use the Company’s products and services in order to achieve stable financial results.
We would like to inform you that today, on January 5, 2018, from 12:00 to 19:15 (UTC) it was temporarily impossible to execute trades and use UBK Markets services due to technical problems related to the transmission of incorrect quotes by one of the Company's counterparties. Our specialists have taken all necessary measures to fix the problems in the shortest possible time. Currently, the functioning of all Company's services has been resumed in full. We apologize for the temporary inconvenience.