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UFX Guide – Read our In-Depth UFX Review

UFX Rating: 4.73 / 10

This page contains information about investing with UFX. It is intended for educational purposes only and should never be considered financial advice. CompareBrokers.org is not a brokerage or advisory service. We do not recommend or advise that investors buy or sell securities or stocks.

All of the information about the brokers you see reviewed on CompareBrokers.org come from our partners, some of whom we have an affiliate relationship with. These partners do not control the content on the page beyond providing us with datapoints to ensure that (as far as possible) the information in our database is accurate. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users. Our proprietary rating algorithm takes all of the datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones for their needs.

Your capital is at risk

This UFX review has been updated for 2022 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

Please note that due to regulations, the content in this UFX review does not apply to users in Brazil, Republic of Korea, Islamic Republic of Iran, Iraq, Syrian Arab Republic, Japan, and United States.

This UFX review contains the most recent information about UFX.

If you are a new entrant in the world of trading and broker, so many facts will be perplexing for you. Getting into the world of trading requires expert analyzing skills and thorough understanding. You'll acquire adept at all the concepts of brokerage as you continue trading. For starters, you have to select the right broker who will be clear with you always.

In this fast-paced universe of stock markets and trading, you will need guidance to make proper decisions. A professional, direct investment plan could help you in minimising any losses and maximising any returns. UFX is just one such platform that can assist you. It is crucial to understand about UFX before you trust them with your money.

UFX review screenshot

UFX Review for 2022 – Quick Overview

UFX Telephone Number:
UFX Email Address:
UFX Address:
Year Founded: 2007
Regulated By: Cyprus Securities and Exchange Commission (CySEC)
Hedquarters: Republic of Vanuatu
Minimum Deposit: $500
Number Of Clients: 10,000+ UFX users and traders
UFX LinkedIn:
UFX Facebook:
UFX Facebook Likes: 0
UFX Twitter: @
UFX Twitter Followers: 0
UFX Instagram:
UFX Instagram Followers: 0
UFX Youtube:

Your capital is at risk

Our entire UFX Review covers all you will need to know about trading using UFX. A good agent can take your initial investments and help to protect it from losses but also give you a platform that can provide you positive profits. If you want to make profits, you must trade with a broker service that aligns with your investing goals.

There's absolutely no sure-fire way to ensure profits; therefore, you must carefully analyze your broker before you select them. It is a common misconception that all brokers will be the same, but that's not correct. Wrong judgment, initially, can put your investments in danger.

UFX is a broker that has forged its way successfully into the broker world. Within this review, we have tried to collate some of the vital facets of UFX. This review will allow you to know whether UFX is a good match for your own investments or not. We have attempted to breakdown all of the qualities and fees for your advantage.

UFX Review, Table Of Contents

Who are UFX?

UFX is a forex broker headquartered in Republic of Vanuatu and provides a range of instruments for online trading. Since its establishment in 2007, UFX has emerged as a top-tier player in the industry of online brokerage. UFX includes an extremely aggressive and full-featured trading site that's focused on forex, indices, metals, stocks , commodities.

Over the past 15 years, UFX has grown into one of the leading online brokers.

After launching in 2007, their consumer base is becoming as large as 10,000+ clients.

UFX is the favourite of many traders because of its negative balance protection. Our UFX review discovered that they are an superb alternative for automated trading solutions. It is best suited for investors that are searching for a variety of assets. Social and automated trading solutions are the core at UFX.

Technology plays a significant role at UFX. UFX offers trading on MT4, Web Trader, Tablet & Mobile apps. UFX is fair, transparent, and a well-regulated broker by the Cyprus Securities and Exchange Commission (CySEC). Their outstanding array of resources will be beneficial for the majority of traders. Third-party partnerships also provide in-house research.

The educational section at UFX is very insightful for new dealers as it allows them to get a closer look in the financial markets. UFX caters to all types of traders and are a must-have broker for any well-diversified method of online trading.

UFX Videos

Benefits of trading with UFX in 2022

Trading with UFX includes numerous advantages. These benefits are what sets UFX apart from the rest of the online agents. You need to check all of the advantages listed so that you have a better understanding of UFX.

The broker goes to great lengths to understand what traders want. Consequently, the support, quick, and convenient. The agent also provides a number of programs for all types of traders. UFX ensures that the individual needs of all online traders are met to the best of their ability.

UFX also features excellent trading conditions which are available to only an elite group of institutional customers. The tight spreads and fast executions are a great benefit for the traders. The technology adopted by UFX is among the maximum caliber, ensuring that it is fast, dependable, and efficient.

UFX admits the significance of owning a fast order execution. A fast implementation enables users to exchange without fretting about slippage safely. It is going to also help the dealers to grab any opportunities.

UFX's social trading platform allows traders to share their expertise with others to build a community of investors and traders. Which stocks they are following, what stocks to buy, and what stocks to sell. Intermediate traders can then absorb this expert knowledge and create their own trades. This is independent copy trading..

UFX has over 100 trading instruments to support all kinds of traders. These instruments are lively and suitable for both the new and experienced traders. The traders can set aside all their concerns when trading using UFX.

UFX overview

Year Founded: 2007

Regulated By: Cyprus Securities and Exchange Commission (CySEC)

Hedquarters: Republic of Vanuatu

Minimum Deposit: $500

Number Of Clients: 10,000+

Your capital is at risk

If you feel that UFX is not right for you then at the bottom of this UFX review you wil find a lot of alternatives to UFX.

Everything you should know about trading with UFX

UFX is a dynamic platform that provides various procedures of trading online. These instruments cover the monetary markets substantially. Most of the brokerage platforms offer less approaches than UFX

If you wish to exchange with UFX, you will need a minimum deposit of $500. This deposit is mandatory if you would like to start trading using UFX. This 2022 UFX review will guide you safely about trading with them.

UFX is as flexible as any other brokerage platform. UFX is great for traders who want a manageable array of low-cost services. The programs offered by UFX are third party, white-label offerings. All traders can pick out of MT4, Web Trader, Tablet & Mobile apps.

Together with everything, UFX has multiple benefits to new and verteran traders and should be investigated. There is no minimum time over which a trade must be kept open. The brokers provide premium customer service that rewards customers with advantages.

Many unprofessional brokers try to pressurise customers into larger funding for premium services. UFX, on the other hand, is much more focused on trading volume. Dealers can expect trading conditions to be fair, honest and transparent. The more lots traded by the user, the greater advantages will come along.

UFX accounts are available globally and provides quality service everywhere they have clients. There are some select few countries where UFX accounts are not available. Traders in the following countries cannot open or use a UFX account:

Brazil, Republic of Korea, Islamic Republic of Iran, Iraq, Syrian Arab Republic, Japan, and United States.

Is UFX Safe To Trade With in 2022?

Launched in 2007, UFX has been operating for 15 years, they are headquarted in Republic of Vanuatu.

UFX is regulated by Cyprus Securities and Exchange Commission (CySEC). These bodies have rules that make sure that trading platforms have ploicies in place to keep investor's resources secured. This usually means that UFX users do not need to worry about their money since it is segregated and safely kept in established banks. SSL encryption secures every user's personal information also.

You can make use of an option for 2 Factor Authentications (2FA) with UFX for increased safety. An SMS for the confirmation code will be sent to a mobile phone. You'll be asked to enter this code to log in to your accounts.

Another concern with fiscal brokers with respect to safety might be manipulation of trading. This is highly disadvantageous for users on these platforms. Nonetheless, this is more prevalent in the case of Market Maker agents who compete with users on the platform.

UFX Risk Disclaimer

Your capital is at risk

Pro's & Con's Of Trading With UFX

Every online trading platform will have some pros and cons UFX review would be complete without showing both sides. This UFX review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.

UFX Pro's

  • UFX is trusted by 10,000+ clients
  • UFX offers Negative Balance Protection
  • UFX doesn't charge inactivity fees
  • UFX doesn't charge deposit fees
  • UFX doesn't charge CFD fees
  • UFX offers social trading
  • UFX offer trading on MT4, Web Trader, Tablet & Mobile apps
  • UFX offer 100 trading instruments
  • UFX trades major forex pairs
  • UFX trades minor forex pairs
  • UFX trades exotic forex pairs
  • UFX offers trading on cryptocurrencies
  • UFX can communicate in English, and Chinese

UFX Con's

  • UFX does not offer Guaranteed Stop Loss
  • UFX has high minimum deposit requirements
  • UFX charge withdrawal fees
  • UFX doesn't offer copy trading
  • UFX doesn't offer trailing stop

UFX Review - Compare Brokers Similar To UFX

UFX
learn more about UFX
Zacks Trade
learn more about Zacks Trade
DF Markets
learn more about DF Markets
fx private
learn more about fx private
Rating 4.73 / 10 3.81 / 10 5.33 / 10 4.75 / 10
Minimum Deposit $500 $2500 $1 $250
Year Founded 2007 2008 2010 2020
Headquarters Republic of Vanuatu United States UK USA
Regulated By Cyprus Securities and Exchange Commission (CySEC) Unregulated Financial Conduct Authority (FCA) Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F239
Clients 10,000+ 10,000+ 10,000+ 12,000,000+
Find Out More


Your capital is at risk


Your capital is at risk


Losses can exceed deposits


Your capital is at risk

UFX Review - Regulation And Licencing In More Detail

UFX is regulated by Cyprus Securities and Exchange Commission (CySEC).

UFX, as a company, has a powerful set of rules for ensuring honest trading onto its own platform. For information encryption functions, it provides an industry-standard secure socket layer (SSL).

As per the organization's privacy regulations, client information is never to be shared with some other institutions or individuals. Including credit history and other financial details.

UFX Review - Awards

At the time of writing this UFX review, and despite UFX’s impressive offering, the company has surprisingly not garnered any other awards to date.

UFX Trading Platforms

UFX are a trustworthy brokerage that has been trading for over 15 years. They offer a wide range of options in their user accounts.

In the following table we take the main parts of any professional broker and compare UFX against Zacks Trade, DF Markets, and fx private

UFX
learn more about UFX
Zacks Trade
learn more about Zacks Trade
DF Markets
learn more about DF Markets
fx private
learn more about fx private
Demo Account Yes Yes Yes Yes
Proprietary Platform
Windows App Yes Yes Yes Yes
Mac App Yes Yes Yes Yes
Linux App No No No No
Social Trading Yes No Yes No
Copy Trading No No No No
MetaTrader 4 (MT4) No Yes Yes No
MetaTrader 5 (MT5) Yes Yes Yes Yes
cTrader Yes Yes Yes Yes
DupliTrade No No Yes No
ZuluTrade


Your capital is at risk


Your capital is at risk


Losses can exceed deposits


Your capital is at risk

UFX Review - Minimum Deposit Required

The minimum deposit you must deposit to begin on UFX is $500. This is a decent amount for those just starting out. You can create more complex residue as you cooperate. However, make certain that you understand how to make the most of your money before investing larger sums.

UFX Review - Commission And Fees Explained

UFX is an online brokerage platform, and most online brokerages charge lower prices than traditional brokerages tend to charge. The reason for this is that the companies of online brokerages are scaled better. That is, an online broker is not necessarily influenced by the number of customers they have.

But this does not necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to earn money. There are primarily 3 different types of fees for this purpose.

The first kind of charges to look out for are trading fees. When you make an actual trade, like buying a stock or an ETF, you are billed trading fees. In such cases, you're paying a spread, funding rate, or a commission. The kinds of trading charges and the prices vary from broker to broker.

Commissions can be fixed or determined by the traded quantity. On the other hand, a spread denotes the difference between the buying and selling price. Financing or overnight prices are those that are charged when you hold a leveraged position for more than a day.

Aside from trading fees, online brokers also charge non-trading fees. These are determined by the actions you undertake in your accounts. They are billed for services like depositing cash, not trading for long periods, or withdrawals.

In general, UFX does not charge high fees compared to other online agents. For operations other agents charge for, they do not charge a brokerage fee, or they charge a lesser amount. This is beneficial for people who regularly exchange, for example daily or weekly trading.

But, non-trading fees charged by UFX are comparatively greater. As a result, you are billed more for non-trading activities in your trading accounts, such as deposits and withdrawal. These aren't about the sale and purchase of assets.

This UFX review breaks down each of the applicable non-trading charges for you in detail.

Compare Broker Fees Of UFX

UFX
learn more about UFX
Zacks Trade
learn more about Zacks Trade
DF Markets
learn more about DF Markets
fx private
learn more about fx private
Minimum Deposit $500 $2500 $1 $250
Withdrawal Fees Yes No No Yes
Inactivity Fees No No No No
Deposit Fees No Yes No No
CFD Fees No Yes No No


Your capital is at risk


Your capital is at risk


Losses can exceed deposits


Your capital is at risk

UFX Review - Withdrawal Fees Explained

UFX charges a withdrawal fee when you make a bank transfer. Each time you move money into your bank accounts, these withdrawal fees become applicable.

Withdrawal of money is possible at any time from the UFX account. You can withdraw sums up to the sum of your account balance, keeping aside the perimeter utilized. 1 thing to remember is that you don't necessarily have to have any cash in your accounts.

In addition, the withdrawn money will be moved directly to the accounts you use to create deposits. Therefore, if you used a credit card for deposits, then the withdrawn cash is going to be sent to the card. UFX will ask you to offer other withdrawal methods in case your details have changed since your deposit.

There is a minimum withdrawal amount. In the event you are withdrawing money in various currencies from USD, a conversion fee is also important. The conversion fee will depend on the currency you are choosing to withdraw in.

UFX Review - Inactivity Fees Explained

Understanding whether you will be charged inactivity fees is one of those buzzing questions that run through your mind while open an account with UFX. An inactivity fee is an amount charged to registered dealers who have not engaged in buying or selling for a while. The period regarded as inactive is decided by the agent.

The inactivity fee differs from 1 agent to another and isn't standardized. If a traders account does not have a buying or selling trade, it is maintained by the agent as an inactivity charge. The traders have to pay this fee under conditions and terms they had agreed while registering.

UFX doesn't charge inactivity fees so you are free to utilize your account as needed

Even if no charges are indicated by UFX, it is best that you close the account if you're inactive. Inactivity fees are not only charged by brokerage firms but also many financial services.

For additional trading platforms, the inactivity fee depends on the sort of account you've chosen. The inactivity fee is subjected to a lot of circumstances and needs to be revealed clearly by the agent beforehand.

UFX Review - Deposit Fees Explained

When you transfer money in your trading account from your bank account, a deposit fee can be charged by the broker. Most agents do not charge an excessive amount of money for this operation.

UFX doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed

Depositing money on the UFX trading platform is easy. You just have to complete a single-user profile survey to start depositing money into your trading account. You'll have to give an identity proof and proof of residency to deposit large sums.

UFX Review - Compare Broker Deposit Methods

UFX
learn more about UFX
Zacks Trade
learn more about Zacks Trade
DF Markets
learn more about DF Markets
fx private
learn more about fx private
Minimum Deposit $500 $2500 $1 $250
Credit Card Yes Yes Yes Yes
PayPal No No No Yes
Neteller No No No Yes
Skrill No No No Yes
Payoneer Yes Yes Yes Yes


Your capital is at risk


Your capital is at risk


Losses can exceed deposits


Your capital is at risk

What Can You Trade With UFX in 2022?

Note: UFX offers a lot of different trading instruments due to regulatory restrictions in some countries. Trading instruments offered may differ depending on the country of residence of the client.

UFX has a wide variety of over 100 instruments available for you to trade with.

If trading forex pairs is of interest to you then UFX offer over 50 currency pairs.

Compare UFX, Zacks Trade, DF Markets & fx private below.

UFX
learn more about UFX
Zacks Trade
learn more about Zacks Trade
DF Markets
learn more about DF Markets
fx private
learn more about fx private
Platforms MT4, Web Trader, Tablet & Mobile apps Android, iPhone/iPad, Tablet Web Trader, Tablet & Mobile apps MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps
Instruments Available 100 264 122
Forex & Crypto
Forex Pairs Available 50 80 92
Offers Major Forex Pairs? Yes Yes Yes Yes
Offers Minor Forex Pairs? Yes No Yes Yes
Offers Exotic Forex Pairs? Yes No Yes Yes
Offers Cryptocurrencies? Yes No Yes Yes
Commodity CFD's
Commodities Offered 0 0 12 38
Trade Metals? Yes No Yes Yes
Trade Energies? Yes No No Yes
Trade Agricultural? Yes No No No
Indiced & Stock CFDs
Stocks Offered 372 0 12 38
Trade UK Shares? Yes No Yes No
Trade US Shares? Yes Yes Yes No
Trade German Shares? Yes No Yes Yes
Trade Japanese Shares? Yes No Yes No


Your capital is at risk


Your capital is at risk


Losses can exceed deposits


Your capital is at risk

Reviewing The UFX Mobile App

Note: UFX's mobile app has a lot of functionality and is being constantly improved. The table below was accurate at the time of writing this UFX review.

Understand the capabilities of the mobile apps of UFX, Zacks Trade, DF Markets & fx private below.

UFX
learn more about UFX
Zacks Trade
learn more about Zacks Trade
DF Markets
learn more about DF Markets
fx private
learn more about fx private
Basic Alerts / Push Notifications Yes Yes Yes Yes
Watchlists
Has A Watchlist Yes Yes No Yes
Watchlist Syncs Across Platforms No Yes Yes No
Indicators And Charts
App Indicators Yes Yes No Yes
Can Draw Trendlines No Yes Yes No
Can Move Trendlines Yes Yes No Yes
Has Multiple Timeframes No Yes Yes No
Saves Charts Yes Yes No Yes
Other Broker Mobile App Functions
Has Economic Calendars Yes Yes No Yes


Your capital is at risk


Your capital is at risk


Losses can exceed deposits


Your capital is at risk

Trading Education Available At UFX

Understand the trading resources available with UFX, Zacks Trade, DF Markets & fx private below.

UFX
learn more about UFX
Zacks Trade
learn more about Zacks Trade
DF Markets
learn more about DF Markets
fx private
learn more about fx private
Forex Education Yes Yes No Yes
CFD Education No Yes Yes No
Regular Client Webinars Yes Yes No Yes
Archived Webinars No Yes Yes No
Beginner Trading Videos Yes Yes No Yes
Advanced Trading Videos Yes Yes Yes No
Investor Dictionary (Glossary) Yes Yes No Yes
PDF Trading Guides No Yes Yes No


Your capital is at risk


Your capital is at risk


Losses can exceed deposits


Your capital is at risk

UFX Customer Support

While collating our UFX review we looked at the options for customer service including response times, and the UFX trading platform issue solving effectiveness. UFX provides support in a wide range of languages, including English, and Chinese.

UFX Live Chat Support

We tried the live chat on UFX, and it was very effective. We made a request via UFX livechat through their app and website and received a response after 10 seconds. Sometimes , there was no response.

We tried communicating with UFX support in multiple languages and in various countries. UFX were successful in resolving client's problems.

UFX Phone Support

We phoned UFX and the call was responded to very promptly. The call was answered within less than five to ten minutes.

The UFX phone support team were able to successfuly answer our queries and problems via phone. We tested the multilingual UFX team by making calls in various languages. UFX made efforts to ensure all of our questions were answered.

Overall the phone support from UFX was satisfactory.

UFX Email Support

We sent several emails to UFX and the response times were all outstanding. The fastest email response from UFX was 5 hours and the slowest response was 12 days! Sometimes , there was no response. Response times to support may differ depending on what is needed from UFX, however, we've had the experience of sending 10 emails at varying times.

The team solved and responded to our queries. Overall average email support from UFX was good.

Alternatives To UFX

If, after reading this UFX review, they don't meet your requirements check out these UFX alternatives.

We've scoured the internet to find the best alternatives to UFX. Click on the links below to learn more.

Frequently Asked Questions about UFX

Can I try UFX before I buy?

Yes, you can most certainly try UFX before you buy. UFX offers demo accounts for the ease of new traders. You may use this feature to build your faith in the system and yourself and your trading strategies.

If you register for a demo account on UFX, you will set out with a decent amount of virtual currency. It's to establish a feeling of safety and confidence in you until you decide to invest your own money.

With this digital UFX demo account, you are able to experiment in any way, to whatever period you desire. You can also start positions, test different trading strategies, and much more.

UFX specifies on its official website that you can trade real time stocks with your demo account.

Is UFX safe?

It is possible to drop all your worries since we believe that UFX is totally safe to use. It's in compliance with all the principles of Cyprus Securities and Exchange Commission (CySEC).

Nevertheless, UFX doesn't provide assured stop-loss protection.

Why does UFX ask for my passport?

The reason that UFX asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, UFX has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, UFX must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.

How can I start trading with UFX?

The process to start trading withUFX is perhaps simple enough to be a cakewalk. You need to begin by signing up on the UFX website. It will require you to fill in details pertaining to the credibility and security of your account.

Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with UFX is $500. You should have a good hold over the nuances of online trading before you set out and trade with real money.

If you are confident of your knowledge and understanding, you can open an account with UFX.

The best way to kickstart your trading career with UFX is to open a demo account facility before risking any real money

What funding methods do UFX accept?

There are a number of methods to finance your accounts with UFX. The process is effortless and quick, with various payment methods at your fingertips.

You can use debit or credit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing funds. You must keep in mind that PayPal is not available in all country. The monies UFX

Is my money safe with UFX?

Yes, your money is safe and secure with UFX. As you already know, UFX works with proper conformation to. It's established lots of measures to guard all of its own investors.

UFX safeguards its clients' private and sensitive information under SSL encryption. Your funds will be retained highly secure in top-tier banks.

If you wish to further safeguard your account, you can empower Two-Step Verification as well. It takes an SMS affirmation that you access your accounts.

Is UFX trading good?

Yes, trading via UFX is a nice and good experience indeed. It is an excellent and intuitive platform with useful features for your simplicity. Moreover, you can also obtain access to a huge collection of educational tools and assistive material to kickstart your trading expertise.

If you are still skeptical, it is possible to open a eToro demo account and evaluate the trustworthiness of the platform for yourself.

Which Countries do UFX support?

UFX operates around the globe. However, due to regulations UFX does not accept clients resident in Brazil, Republic of Korea, Islamic Republic of Iran, Iraq, Syrian Arab Republic, Japan, and United States.

Is UFX legit?

UFX is a legit company headquarted in Republic of Vanuatu since 2007. They are regulated by Cyprus Securities and Exchange Commission (CySEC). UFX is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.

Is UFX a good broker?

UFX is a great agent, and its users may vouch for it. The highlight of this platform is its quick order execution on trades.

You'll find the clean layout of the platform and the admirable features that a pleasure to work with.

Is UFX a trustworthy broker?

Yes, UFX is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can reaffirm their trustable nature.

What is the minimum deposit for UFX?

The minimum deposit to open a live account with UFX is $500

How long do UFX withdrawals take?

Normally, withdrawal of money from UFX is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from UFX to show in your bank account.

Are UFX regulated?

UFX are regulated by Cyprus Securities and Exchange Commission (CySEC)

Is UFX a market leading broker?

UFX is currently among the industry leaders. It has over 10,000+ registered customers and over 15 years of expertise on its record. They're one of the world's top trading platforms and also a dominant figure in the Fintech revolution.

It majorly owes this standing to its incredible platform and wide range of tools plus resources so you may invest in capital markets.

Is UFX a con?

No, UFX is not a con. They are regulated by Cyprus Securities and Exchange Commission (CySEC) and must adhere to their rules. Thus, it is safe to say that UFX is not a scam.

Can you make money with UFX?

Through UFX, several traders earn a lot of cash. However, on average, through continual trading, you can make between 2% - 10% profit a month.

This may seem to be a small number, but over the entire year, this adds to a substantial amount of gains. Even though UFX provide you all of the tools to earn money, they cannot guarantee you will profit.

Does UFX have fees?

Yes. To start trading using UFX, you need to deposit $500. Certain commissions while trading also apply. Any processing fees from your bank will need to be incurred by you.

When was UFX founded?

UFX was founded in 2007 in Republic of Vanuatu. UFX is regulated by Cyprus Securities and Exchange Commission (CySEC).

How many people use UFX?

UFX is a globally recognised agent with 10,000+ customers.

Where is the UFX head office?

UFX has its head office in Republic of Vanuatu

Does UFX offer negative balance protection?

Yes, UFX has Negative Balance Protection. It is especially offered while the market volatility keeps clients from letting their accounts go into the red. In a situation like this, UFX offers the ability to reset a clients account balance to zero.

You are able to go through the important conditions on UFX's site to understand their policies.

Does UFX offer guaranteed stop loss?

UFX regrettably, doesn't provide guaranteed stop loss. UFX gives a chance for its traders to close their trades in their specified price. Aside from this, UFX doesn't offer guaranteed stop loss.

Does UFX allow scalping?

Yes, UFX do allow scalping. Several traders across the world select UFX due to their scalping services. They offer trading on MT4, Web Trader, Tablet & Mobile apps which let this.

Does UFX allow hedging?

Yes, UFX does allow hedging.

Can you trade energies with UFX?

Yes, you can trade energy stocks with UFX

Can you trade agricultural shares with UFX?

Yes, you can trade agricultural stocks with UFX

Can you trade cryptocurrency with UFX?

Yes, you can trade cryptocurrency with UFX

Can you trade metals with UFX?

Yes, you can trade metals with UFX

Can you trade UK Shares with UFX?

Yes, you can trade UK shares with UFX

Can you trade US Shares with UFX?

Yes, you can trade US shares with UFX

Can you trade Japanese Shares with UFX?

Yes, you can trade Japanese shares with UFX

Can you trade German Shares with UFX?

Yes, you can trade German shares with UFX

Does UFX accept bank transfers?

Yes, UFX accepts bank transfers for depositing money.

Does UFX accept credit cards?

Yes, UFX accepts credit cards for depositing money.

Does UFX accept PayPal?

No, UFX does not accept PayPal.

Does UFX accept Skrill?

No, UFX does not accept Skrill.

Does UFX accept Payoneer?

Yes, UFX accepts Payoneer for depositing money.

Does UFX accept Neteller?

No, UFX does not accept Neteller.

Does UFX offer Live Chat customer support?

Yes, UFX offers customer support through live chat.

Does UFX offer phone customer support?

Yes, UFX offers customer support over the telephone.

Does UFX offer email customer support?

Yes, UFX offers customer support through email.

What languages can UFX communicate in?

UFX has the ability to communicate and support customers who speak: English, and Chinese

Does UFX have a wikipedia page?

No, UFX does not have an official wikipedia page.

Does UFX offer demo accounts?

Yes, UFX offers demo accounts so you can test your trading strategies before risking any real capital. Inexperienced traders can open a demo account in order to become better acquainted with the aspects of Forex trading and test out some of the company’s features before signing up for a live account.