We search for the Fe K${alpha}$ line in spectra of Ultra Compact X-ray Binaries (UCXBs). For this purpose we have analyzed XMM-Newton observations of five confirmed UCXBs. We find that the object 2S 0918-549 - whose optical spectrum bears tentative signatures of a C/O accretion disk - is devoid of any emission features in the 6-7 keV range, with an upper limit of less than 10 eV for the equivalent width (EW) of the iron line. 4U 1916-05 - whose optical spectrum is consistent with reflection from a He-rich accretion disk - exhibits a bright broad iron emission line. This behavior is in agreement with the theoretical predictions presented in Koliopanos, Gilfanov and Bildsten (2013). Namely, we expect strong suppression of the Fe K${alpha}$ emission line in spectra originating in moderately bright (LogLx less than $approx$ 37.5) UCXBs with C/O or O/Ne/Mg-rich donors. On the other hand the EW of the iron line in spectra from UCXBs with He-rich donors is expected to retain its nominal value of $approx$ 100 eV. Our analysis also reveals a strong Fe K${alpha}$ line in the spectrum of 4U 0614+091. This detection points towards a He-rich donor and seems to be at odds with the sources classification as C/O-rich. Nevertheless, a He-rich donor would explain the bursting activity reported for this system. Lastly, based on our theoretical predictions, we attribute the lack of a strong iron emission line - in the two remaining UCXB sources in our sample (XTE J1807-294, 4U 0513-40) - as an indication of a C/O or O/Ne/Mg white dwarf donor. From the upper limits of the Fe K${alpha}$ line EW in 4U 0513-40, 2S 0918-549 and XTE J1807-294 we obtain a lower limit on the oxygen-to-iron ratio,O/Fe$ge$ 10$times$[O/Fe]$_{odot}$.