UFX

Operational Since:

2007

Country where domiciled:

Virgin Islands

International offices:

Cyprus, Czech Republic

Regulation:

YES - CySec, MiFid

Broker Status:

Independent broker -

Broker Type:

ECN/STP

US Clients Accepted:

Average Monthly Volume In USD:

Source To Prove Volume:

BROKER WEBSITE

Accounts

Mini Account:	YES	Minimum Deposit ($US):	$500
Standard Account:	YES	Minimum Deposit ($US):	$1000
ECN Account:	YES	Minimum Deposit ($US):	$5000
VIP Account:	YES	Minimum Deposit ($US):	$10000
Islamic Account:	YES	Minimum Deposit ($US):	$1000
N/A:	YES	Minimum Deposit ($US):	N/A
N/A:	YES	Minimum Deposit ($US):	N/A
Base account Currencies offered:	USD, EUR, GBP, JPY, CHF, AUD

Leverage

Maximum Leverage for Mini Account:	400/1
Maximum Leverage for a Standard account:	400/1
Maximum Leverage for an ECN account:	400/1
Maximum Leverage for a VIP account:	400/1
Maximum Leverage for Islamic Account:	400/1
Maximum Leverage for N/A:	N/A
Maximum Leverage for N/A:	N/A

Lot Size

Minimal lot size for a Mini account:	1.0	Increments:	100,000
Minimal lot size for a Standard account:	1.0	Increments:	100,000
Minimal lot size for an ECN account:	1.0	Increments:	100,000
Minimal lot size for a VIP account:	1.0	Increments:	100,000
Minimal lot size for Islamic Account:	1.0	Increments:	100,000
Minimal lot size for N/A:	N/A	Increments:	N/A
Minimal lot size for N/A:	N/A	Increments:	N/A

Payment Options

Deposit Options:	MasterCard, VISA, Visa Electron, Maestro, Diners Club, Local Bank Transfer, Skrill, Neteller, SOFORT, ELV, Giropay, iDEAL, Neosurf, China UnionPay (CUP), CashU, Qiwi, WebMoney, POLi, paysafecard, Bitcoin
Withdrawal Options:	MasterCard, VISA, Visa Electron, Maestro, Diners Club, Local Bank Transfer, Skrill, Neteller, SOFORT, ELV, Giropay, iDEAL, Neosurf, China UnionPay (CUP), CashU, Qiwi, WebMoney, POLi, paysafecard, Bitcoin

Products

Products for Mini Account:	FX, Metals, CFDs and Stocks
Products for Standard Account:	FX, Metals, CFDs and Stocks
Products For ECN Account:	FX, Metals, CFDs and Stocks
Products For VIP Account:	FX, Metals, CFDs and Stocks
Products for Islamic Account:	FX, Metals, CFDs and Stocks
Products for N/A:	---
Products for N/A:	---

Spread & Commission

Commission:	NO	Account:	-
Commission Fees:	NO
Spread type (Fixed,Variable):	Variable	Accounts:	All Accounts
Spread on EURUSD on a Mini account:	4.0
Spread on EURUSD on Standard account:	3.0
Spread on EURUSD on ECN account:	2.0
Spread on EURUSD on VIP account:	2.0
Spread on EURUSD on Islamic Account:	4.0
Spread on EURUSD on N/A:	N/A
Spread on EURUSD on N/A:	N/A

VIP Benefits

Premium Trading Conditions For VIP Clients Both Retail And Institutional:	YES
Premium Trading Conditions Offered:	-
Briefly describe main Advantages:	VIP Trading Support, Exclusive Updates, SMS Trading Alerts, Access to MT4 Platform

Trading Terms

News Trading:	YES
Mirror/Social Trading:	NO	Mirror Trading Providers:	-
Scalping:	NO
Hedging:	YES
Expert Advisors:	YES
Trading platforms available:	ParagonEx Web Trader 4.0, MetaTrader 4 Platform, UFX Trader App
Trading platform's Time zone:	GMT
Decimal Pricing:	4 Digits
Execution:	Instant execution	Accounts:	-
Total Number Of Liquidity Providers:	-
ECN/STP Liquidity Provider:	-
ECN/STP Working With:	-
Trailing Stops:	YES
OCO Orders:	NO
One-Click Execution:	NO
Mobile Trading:	YES
Web-Based Trading:	YES
API Solutions:	YES
Currency Pairs Total:	50	Exotic Pairs Included:	9
Gold, Silver:	Both
Oil:	YES
CFD’s:	YES
MAM/ PAMM solutions For Fund Managers:	YES
Managed Account Services For Investors:	YES
Swap-Free Accounts:	YES
- Available To Anyone:	YES
- Islamic Clients:	NO
- Restrictions Applied:	NO
Segregated Accounts:	YES
Interest On Unused Margin:	YES
Bonuses Or Rewards:	YES
Trading Contests:	YES
Binary Options:	NO
Spread Betting:	NO
Trading On Bitcoin:	YES
Affiliate Program:	YES
Affiliate Programs Offered:	CPA and Revenue Share
Conditions For Affiliates:	$800 CPA https://www.ufx.com/en-GB/become-a-partner/
Awards won:	-

1 customer review

2.0 out of 5 stars

From 4 to 5

0
From 3 to 4

0
From 2 to 3

0
From 1 to 2

1
From 0 to 1

0

Platform - Performance, Usability

40%
Pricing - Spreads, Fees

20%
Features - API, News Service

20%
Support - Fund Options, Integrity

80%

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Javier M Criado

Public Review

1 rating

UFX Review

6 years ago.

Broker Review - Overall

I do not recommend this broker at all. They are scammers.
Causes/reasons from an ex-client:
• You "give away" $ 50 to enter for free, but then they will not let you take them to your account if you take the funds.
• They delay a long time when you ask for your money back, and later they apply the exchange ranges less favorable for your interests.
• They scam you with the exchange rates.
• Spreads are very high.
• Problems with stop-loss orders.
• Limited platform.

Broker Advantages

Quick chat and technical calls

Broker Disadvantages

Almost everything

Overall Trading Experience

7 years

Trading Experience with this Broker

2 months