UFX

 

UFX  is an authorised Financial Service Provider
of the Financial Service Board of South Africa
under FAIS License Number 44961.

 

 

UFX is a pioneer in retail CFD trading, and since it was founded in 2007, has grown into an internationally recognised leader in the online trading industry. In 2011, UFX became regulated in the European Union, with its global business being regulated by the Cyprus Securities and Exchange Commission.

 

UFX is an STP (Straight-Through-Processing) broker, meaning they do not take opposing trades to yours, offering fixed and stable spreads. UFX’s robust trading platform caters to traders of all levels, and the broker offers around-the-clock award-winning customer support.

 

UFX Review

 

UFX is headquartered in Cyprus, and has a Representative Office located in London, the United Kingdom.

 

Company

 

UFX.com

URL

 

www.ufx.com

Founded

 

2007

Based in

 

London / Cyprus

Platform

 

Software, Web Trader, MT4 support, iPhone app, Android app

 

Regulation

 

CySec, FSB

Languages

English, Arabic, Czech, Danish, German, Spanish, Finnish, French, Hindu, Indonesian, Italian, Japanese, Malay, Dutch, Norwegian, Polish, Portuguese, Romanian, Russian, Swedish, Turkish, Vietnamese, Chinese

Currencies

 

USD

Deposit Methods

 

Credit Card, Wire Transfer, Bank Transfer, eWallets

Withdrawal Methods

 

Credit Card, Wire Transfer, Bank Transfer, eWallets

Minimum 1st Deposit

 

$50

Leverage

 

Up to 400:1

Payout

 

N/A

Account Types

 

Micro/Mini, Mini, Standard, Gold, Platinum, Islamic

Return to Loss

 

N/A

Number of Assets

 

350+

Types of Assets

 

Currency pairs, Commodities, Stocks, ETFs, Indices

Expiry Times

 

1 Week

Welcome Bonus

 

$50 no deposit required (Terms & Conditions apply)

Demo Account

 

        Yes

Mobile Trading

 

Yes

USA Friendly

 

x

Support

 

ufx.com/en-GB/about-us/contact/

+44.208.150.0778

Overall Score

 

90/100

 

 

 

 

UFX Pros

ü  User Friendly Trading Platform

ü  Fast Trade Executions

ü  Low + Fixed Spreads 

ü  Mobile Platform for iOS and Android

ü  MT4 Support

ü  MassInsights™ Technology – Stream of Real Time Market Events and Data

ü  UFX Rewards – Cashback Loyalty Programme 

ü  Large Selection of Tradable Assets

ü  Large Selection of Supported Payment Methods

 

UFX Cons

û  No US support

û  No phone support on weekends

 

Platform

 

ParagonEx Web Trader 4.0

 

UFX’s in-house developed ParagonEx Web Trader 4.0 is accessible through any web browser and does not require the user to download any programmes to their computer.

 

With comprehensive asset management filters, UFX’s Web Trader puts all your favourite assets front and centre, letting you focus on the ones you care most about.

 

UFX MassInsights™ Technology

 

What really catches the attention is the continuously updated live-stream on the right side of the platform. This is a part of UFX’s MassInsights™ Technology, a comprehensive live stream of market events and aggregated trader behaviour, showing UFX traders everything that’s happening in the trading markets.

 

In addition to showing the actual BUY vs. SELL percentages on specific assets, the broker’s system can pick up on market activity and events, and displays them via element tiles. UFX’s MassInsights™ Technology notifies traders of uptrends, downtrends, turnarounds, trading signals, volatility, market news, and much more. With so much information continuously being provided, UFX’s MassInsights™ has become a powerful trading tool for UFX traders.

 

UFX Trader App – Mobile Trading Platform

 

There’s nothing lost when transitioning from the Web Trader to the Trader App. All of the tools, features, charts, and MassInsights™ stream are there, right on your Android or iPhone.

 

MT4 Support

 

 

For more experienced Gold and Platinum account holders, UFX offers full MT4 support, letting you link your UFX Trading Account to the industry renowned trading programme.

 

 

Account Types and Bonuses

 

In addition to offering Micro/Mini, Mini, Standard, Gold, Platinum, and Islamic accounts types, all Trader Accounts can toggle between Demo Mode and Real Mode seamlessly.

 

UFX’s Demo Mode lets you experience all of the broker’s tools and features, without risking any capital.

 

Trade Types and Assets

 

One of the major advantages of trading CFDs online is the sheer amount of markets and assets at your disposal.

 

UFX lets you trade on over 250 leading currency pairs, commodities, stocks, indices, and ETFs.

 

 

Payments & Deposits

 

UFX offers a wide array of safe and efficient methods for depositing funds into your trading account.

 

UFX supports account funding via:

·         Major Credit/Debit Cards

·         Local Bank Wire

·         Skrill (Moneybookers)

·         Neteller

·         SOFORT

·         ELV

·         giropay

·         iDEAL

·         Neosurf

·         China UnionPay

·         CashU

·         Qiwi

·         WebMoney

·         POLi

·         paysafecard

·         Bitcoin

Payments & Withdrawals

 

UFX makes withdrawing funds fast and simple. Withdrawals usually take up to 3-10 business days to be processed, and UFX does not charge any fees for withdrawing funds.

 

Tools & Features

 

In addition to its MassInsights™ UFX offers a long list of trading tools and features.

 

Tools like:

·         Advanced Trading Charts

·         Stop Loss

·         Take Profit

·         Price Alerts

·         Equity Drop Alerts

·         Margin Calls 

·         Anti-Negative Balance Protection

·         Personal Trading Coaches

 

Customer Service

 

 

UFX’s award winning and dedicated customer service team is available Mon.-Fri., 24-hours a day.

 

UFX offers support in 23 languages.

 

 

Click here to apply for a free demo trading account

 

Click here to apply for a live trading account

 

 

 

Yes, I am interested in signing up

for an UFX live trading account!

 

 

OOPS! You forgot to upload swfobject.js ! You must upload this file for your form to work.

 

 

PS: If ever you realize that you need quality training in order to understand the markets better and to trade better, contact me for your training!

 

If you are having trouble signing up or require any assistance, please do not hesitate to contact us on info@forexmasters.co.za.

 

Johan

info@forexmasters.co.za

 

 

Back to the Top


Disclaimer

 

Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

 

 

Copyright 2013, FOREX MASTERS