[alert type=”warning”] We recommend caution when dealing with this broker due to the many complaints about the inability to withdraw
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UFX is andforex broker Famous online and award-winning, established in 2007, it is fully regulated in Europe by (Cyprus Securities Exchange Commission) with license number 127/10, authorized by the UK FCA with license number 4733
Trading platforms
Uses UFX Two trading platforms:
1) platform ParagonEx The platform is very easy to use on the web.
2) MetaTrader 4 (and ) Popular desktop platform that is used all over the world. The interface is very easy to use and friendly, and allows both novice and expert users to trade with great features Offered to them by the MetaTrader platform.
From 2016 they will offer traders the revolutionary new feature with great technology MassInsights™, which provides real-time market data and events while illustrating the current behavior of traders.
Trades / Accounts
Once you open an account with UFX you will be able to trade from your real account, the trading is live and it gives the user the trading information which is not only in real time but also comes with expert analyzes etc. There are also five accounts which include:
• Small and very small accounts
• Standard Account
• Gold and Platinum VIP accounts
• Islamic accounts
There is also a demo account which you can use to get used to using the real account. There are also minimum amounts that you can deposit into each of the UFX accounts that you provide to users, and these accounts are:
Micro accounts: $50 - $499
Simple accounts: $500 - $999
Standard accounts: $1000 - $4999
Gold accounts: Gold: $5,000 - $9,999
Platinum accounts: over $10,000
Islamic accounts: more than $1,000
Islamic accounts
An Islamic account complies with Islamic banking laws, so you will need to know more directly from UFX.com
Commissions and Margins
The only thing that traders need to know is how much money they can make and to be able to determine this they are using something called pips. They also help traders calculate how much their transactions will cost them. No commissions will be taken from traders by any of the brokers, so what the markets do UFX It is making traders pay for something called margin. But what is the margin? that it:
• Currency pair and the difference between buying and selling prices
Customer Service
UFX.com He has great customer service available to all his traders and the level of customer service also depends on the type of trading a trader has. The following customer service options available are:
• Live chat that supports many different languages
• phone
Deposit and security options
In order to place deposits into your own account, there are many different options available including:
• Skrill (Moneybookers)
• cash u
• Bank transfer
• Credit Card Deposits
Once your funds are available in your account you will be able to make withdrawals But you will have to use the same payment method you used to deposit money into your account. If you use for example:
• cash u
• Western Union
Markets UFX You will transfer the funds directly to your bank account.
inside of UFX Money safety and security are our number one priority, and all funds are held in separate UK bank accounts.
Broker license and regulations
In 2011, I became UFX One of the most important brokers and it is regulated by CySEC It is an investment company in Cyprus with license number 127/10. as it increased UFX From their protection to every available trader according to the guidelines MiFID.
Broker Review UFX: Abstract
UFX.com It is a trusted and secure EU and UK regulated broker, in the forex industry since 2007, providing an easy-to-use web-based trading platform for all types of traders as well as MassInsights technological. It also provides very competitive forex spreads on major currency pairs such as the EUR/USD dollar Or GBP/USD, as well as a wide range of accounts to suit your needs.
Another good point is to provide free education and a personal account manager to help you improve your forex skills.
