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UFX Review and Information 2024

UFX Information and Review UFX
Voting Rating UFX does not participate in the Forex Rating
Submit Forex Broker
Reviews Rating
Status Closed
Regulation CySEC
Trading software MetaTrader 4
Headquartered 139 Makarios Avenue, Zavos Business Center, 3rd Floor, 3021 Limassol, Cyprus

UFXMarkets 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.

UFX offers 500+ assets from around the world. Spreads vary, but get tighter based on the account type, with Platinum offering the most competitive fees.

UFX Global is a leading forex and CFD trading platform that is owned by Reliantco Investments LTD. The company was established in 2007 and is based in Cyprus. In this 2023 review, we explain how to trade on UFX’s mobile app and explore the breadth of financial products, alongside any payments, fees, leverage and demo accounts. Find out if our expert traders recommend trading with UFX.

UFX Headlines

With state-of-the-art trading platforms, UFX aims to meet all its clients’ trading needs while offering stable and competitive spreads. The broker operates a Straight-through-Processing (STP) business model and, as such, does not take opposing positions to that of its clients’ trades. UFX is regulated by the Cyprus Securities & Exchange Commission (CySEC), with license number 127/1.

ParagonEx WebTrader 4.0 Platform

The primary platform is the ParagonEx WebTrader 4.0. While using UFX, we found the trading outlet is a versatile web-based platform and requires no software download or installation on your desktop. It has integrated charts and supports real-time news feeds. Version 4.0, adopted by UFX, is the latest version of the ParagonEx WebTrader and uses the innovative MassInsights™ Technology to provide trades with information about prevailing trends in the markets.

UFX Trading Information 2024


WWW https://ufx.com/
Address 139 Makarios Avenue, Zavos Business Center, 3rd Floor, 3021 Limassol, Cyprus
Headquarters 139 Makarios Avenue, Zavos Business Center, 3rd Floor, 3021 Limassol, Cyprus
Free phone +357.2503.0315
24 hour support
Partnership programs
Trust management
Expert advisors
Free education
Sponsorship contests, competitions
Trading by phone
Mobile trading
Automated trading
Demo account
Swaps
24/5 trading
Scalping
Hedging
PAMM
Commissions
Digits after the dot in quotes 5
Minimum position size 0.01
Spread Type Fixed
Pip spread on majors 4
Maximum Leverage 200
Standard account, $ 500
Mini account, $ 500
Popular payment methods Credit Cards, WebMoney, Wire Transfer
Account currencies USD, EUR, GBP, CHF, JPY
Languages English
Platforms MetaTrader 4
Broker type Broker
Regulation CySEC
Foundation 2007

UFX Reviews and Comments

UFX once had a reputation, and now they are trying to travel at the expense of it. Well, as far as I can see, they are spent heavily on PR. In general, how to look at the site, it’s almost heaven and you still need to look for another such broker. I opened a classic account (later I planned to try others), but it did not work out. Under the terms of the standard, the spread is fixed, but in some pairs it is already very high. There are not very many instruments on this type of account, but even less on the others. But this is all nonsense, my claims are not on the terms, but on the trade itself. The first time, as usual, without problems, but then: minor terminal freezes, slippages - again, small, but frequent. I won’t say that it’s impossible to trade with such a person, but since it has already begun, it means that it will get worse further! And when I came across this, I started reading reviews, it turned out to be even worse - here clients can neither get their money from the broker, nor justice. I'd rather not wait for my little problems to grow into something more.
  21 Jun 2022  

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Urgently run those who are there and do not trade with them who else is going! Another scam. In general, the story about the New Year's bonus! I opened an account, I think to try my luck, I received a $50 bonus. Opened an order with the maximum lot, either pan or lost! Well, what do you think, I earned almost $40, I think that's enough for me and didn't trade anymore, I created an application for withdrawal of funds, I was refused! Wrote in support, they explained that the withdrawal of funds will be after December 30! I applied on January 1st! They refused by calling and said that I am a scammer! My fraud was that I entered my personal account from different computers or ip, so to speak! They blocked their personal account, they did not give a written answer and explanation.
  5 Apr 2021  

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UFX is a fake broker. I almost lost all my life savings to them, i invested for over a period of 6 months. I started small but when i thought i was making money i invested more money with them, i became skeptical when my questions were bring docked, i looked for help and i was referred to ... that provided me with a recovery service. You can google them for more they provide a wide range of services
  2 Aug 2018  

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It's definitely something I can work with. With low leverage and high volume of trades, it makes impossible to get corresponding return. However, this broker delivers all required options for trading tens of lots and getting high leverage the same time. All this stuff negotiable and each trader can get competitive conditions in each particular case.
  23 Aug 2017  

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Far More than just an XM Trading Account - Client Benefits

All clients receive free and unlimited access to personal account managers, forex market research, daily forex webinars, video tutorials, forex trading signals, daily technical analysis, daily market outlook and 24/5 live customer support in over 30 languages.

That's right! Commissions are low. Before I've opened account, I reviewed tens of forums about UFX and found nothing suspicious. Definitely, there are many negative comments on how broker executes orders or how bad platform works... I assure you that it is bullshit. Everything works perfectly and I get fast execution. I think around 99% of all orders are executed without requotes. Many tools, learning programs and many different solutions. Personally, I use market reviews to clarify my opinion about fundamental situation with economy.
  16 Aug 2016  

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UFX is reliable and i have been trading with them for the past 6m. their commission part is bit more other than that its is simple. withdrawal takes some time n depends on the deposit portal
  5 Jun 2014  

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UFXMarkets is a highly reliable forex broker. I have been trading with them for already two years. The thing I like most is their spread system.
  14 May 2013  

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