UWM: Emerging Prop Trading Firm in the UAE
Based in the United Arab Emirates, UWM is a proprietary trading firm that has been operational for one year. The firm provides trading services on the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, partnering with EightCap as its broker.
Why Choose UWM?
Advanced Trading Platforms: UWM leverages MT4 and MT5, offering traders access to industry-leading trading technology and tools.
Diverse Account Sizes: With account sizes ranging from $10,000 to $300,000, UWM caters to a wide spectrum of traders, from novices to seasoned professionals.
Flexible Evaluation Processes
UWM employs both 1 Step and 2 Step evaluation processes, allowing traders to choose the path that best suits their trading style:
- 1 Step Evaluation: Achieve a 10% profit target.
- 2 Step Evaluation:
- Phase 1: Achieve an 8% profit target.
- Phase 2: Achieve a 5% profit target.
Risk Management: The firm sets maximum total drawdown limits between 6% and 10%, promoting disciplined risk management practices.
Diverse Trading Instruments
UWM offers a broad selection of trading instruments across various markets, accommodating diverse trading preferences:
- Forex
- Indices
- Metals
- Cryptocurrencies
Leverage Options
UWM provides a uniform leverage of 1:100 across all its trading instruments, enabling traders to maximize their trading potential.
A Strategic Choice for Traders
UWM presents a strategic choice for traders aiming to excel in the financial markets. With access to advanced trading platforms, flexible evaluation processes, and a diverse range of trading instruments, UWM supports traders in achieving substantial success. The firm's commitment to providing competitive leverage options and robust risk management practices makes it a standout option in the prop trading industry.