UFX Review

UFX Global is a leading forex and Contract for Differences (CFDs) trading platform that is owned by Reliantco Investments Limited. The company was established in 2007 and is based in the Republic of Vanuatu.

 

💱 Instruments: Currencies, Indices, Metals, Energies, Stocks, ETFs
💳 Funding & Withdrawal: Credit Cards, WebMoney, Wire Transfer

 

💻 Broker Type: MM
👨🏽‍💻 Account Types: Micro/Mini, Mini, Standard, Gold, Platinum, Islamic

 

⌛️ Language: English, Russian
🎮 Demo Account: Yes.

 

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Pros / Cons
  • Segregates client funds
  • Established in 2007
  • Regulated by CySEC
  • Min. deposit from $500
  • Doesn’t allow scalping
  • Inactivity Fee
  • Not FCA Regulated
  • VPN ile giriş yapmak gerekiyor

Assets & Instruments

With UFX, traders can trade in Currency pairs, commodities, ETFs, market indices and stocks. There are 60+ currency pairs, 7 types of market indices, 10 ETF funds, 29 types of stocks and 7 types of commodities.

Trading Accounts

As for the trading accounts that are available at UFX, you have a choice of 6 different types of trading accounts.

  • Micro Trading Account

    Minimum deposit of $100
    24 hour live support
    Video library access
    Daily recommendations
    Daily reviews

  • Mini Trading Account

    Minimum deposit of $500
    24 hour live support
    Video library access
    Daily recommendations
    Daily reviews
    Personal Coach

  • Standard Trading Account

    Minimum deposit of $1000
    24 hour live support
    Daily recommendations
    Daily reviews
    Exclusive updates
    Personal Coach
    Video library access
    VIP support

  • Gold Trading Account

    Minimum deposit of $5000
    24 hour live support
    Daily recommendations
    Daily reviews
    Exclusive updates
    MT4 platform Access
    Personal Coach
    SMS Alerts
    Video library access
    VIP support

  • Platinum Trading Account

    Minimum deposit of $10,000
    All features of the Gold account

  • Islamic Trading Account

    Minimum deposit of $100
    24 hour live support
    Video library access
    Daily recommendations
    Daily reviews
    Personal Coach

Bonuses & Promos

While UFX does not offer any kind of trading bonuses to its clients, it does have a loyalty program called the “Cashback” program. The more you trade, the more you will earn in terms of rewards. In addition, UFX also hold regular trading competitions where traders can participate in and win attractive prizes. Some of the prizes offered included a Lotus Elise sport car.

Deposit & Withdrawal

To facilitate the funding and withdrawal of funds, UFX has provided support for several methods of payment methods. They include transfer by credit cards, eWallets and bank wire transfer. Major credit cards such as VISA, Mastercard, Diners, Maestro and American Express are accepted by UFX. For eWallets, traders can use popular wallets such as Neteller, Skrill, Sofort and Poli. Take note that UFX have a minimum amount requirement for both deposits and withdrawals. For deposits, the minimum amount is $50 and $70 for withdrawals.

Customer Support

Customer support at UFX is available 24/5 through live chat, web contact form and the telephone. In terms of localized telephone support, UFX has a support representative in 23 different countries. With such wide support coverage around the globe, it is easy to understand how UFX has won so many awards such as “FX Broker of the Year” and “Best Value Forex Broker”.

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UFX was established in 2007 in Limassoll, Cyprus. In 2011, UFXMarkets has been bought by Reliantco, a Cyprus Investment Firm, regulated by CySEC. The broker provides services of currency trading on worldwide financial msrkets. Besides trading currencies the broker offers a wide range of trading tools such as binary options, futures, metals (gold, silver) and energies. Trading accounts with UFXMarkets start from $500. The broker offers leverage at 200:1 and spread at 4 for major currency pairs.

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