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UFX review

UFX review: regulation (Yes), minimum deposit 100, leverage up to 1:400, platforms and current bonuses.

4.3of 5
Open account
Minimum deposit100
Max. leverage1:400
Spread from1.0
Founded2013

Trading conditions

Broker type
STP
Minimum deposit
100
Maximum leverage
1:400
Minimum spread
1.0
Platforms
MetaTrader4 (MT4)
Account currencies
USD

Bonuses

No deposit bonus
No
Welcome bonus
Yes
Other promotions
Yes

Accounts and features

Demo account
Yes
Islamic account
Yes
Swap-free
Yes
Mini account
Yes
VIP account
Yes
Managed account
Yes
Segregated funds
Yes
Hedging and scalping
Yes
News trading
Yes
Mobile trading
Yes
Web trading
Yes

Deposits and withdrawals

Deposit methods
Bank Transfer Credit Card Debit Card Moneybookers WebMoney Neteller Cashu
Withdrawal methods
Bank Transfer Credit Card Debit Card Moneybookers WebMoney Neteller Cashu

Company

Regulation
Yes
Founded
2013
Country
Cyprus
Address
Address:Reliantco Investments LimitedMakarios III Avenue & Avgyriou Eftalioti StreetZavos Business Center, 3rd Floor,3085 Limassoll, Cyprus
Website languages
English, Italian, Russian, French, Spanish, Arabic amd More
Phone
+44.208.150.0778
Email or Skype
[email protected]

UFX pros and cons

Pros

  • Regulated by Yes
  • Low minimum deposit: 100
  • Scalping and hedging allowed
  • Swap-free Islamic accounts available
  • Free demo account
  • Trading platforms: MetaTrader4 (MT4)

Cons

  • No no-deposit bonus at the moment
  • Conditions and bonuses can differ by regulated entity

UFX FAQ

Is UFX a safe and regulated broker?

UFX was founded in 2013 and is regulated by Yes. Client funds are held in segregated accounts. Your protection depends on which UFX entity opens your account.

What is the minimum deposit at UFX?

The minimum deposit at UFX is 100. Payment providers may set their own minimum amount.

What is the maximum leverage at UFX?

UFX offers leverage up to 1:400. Regulators in the EU, UK and Australia cap retail leverage lower, usually at 1:30 on major forex pairs.

Does UFX offer a no deposit bonus?

No. UFX does not currently offer a no deposit bonus. It offers a welcome promotion: Yes. See our forex no deposit bonus list for brokers that do.

Which trading platforms does UFX offer?

UFX supports MetaTrader4 (MT4). Mobile trading is available.

Does UFX allow scalping, hedging and news trading?

Yes. Scalping and hedging are allowed, and news trading is allowed.

Does UFX offer an Islamic (swap-free) account?

Yes. UFX offers swap-free Islamic accounts with no overnight swap charges.

Risk warning: Forex and CFD trading on margin carries a high level of risk and may not be suitable for all investors. Bonus offers are provided by third-party brokers and can change at any time.

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UFX – NoOpen account