4. April 2025 Allgemein

UFX Review

All account categories provide fixed spreads and inclusive variety of financial instruments to trade. For trade on Mini and Micro accounts Micro lots are also presented. This broker offers fixed spreads on a proprietary state-of-the-art MassInsights Technology platform that is suitable for professional as well as beginner traders. On their website, they state that all UFX processes are encrypted and 100% secure. They ensure their clients that funds are held in segregated accounts at top-tier banking institutions.

UFX Trading App

Before choosing a broker, we recommend that you read the reviews of UFX, as well as see our rating of Forex brokers. We ensure your money is always held in segregated accounts at top-tier banking institutions. A $1,000 minimum deposit is necessary to receive access to proper research at UFX. Blueberry Funded is a prop firm with cheap fees, fast funding claims, and no time limits. Review its challenges, fees, profit split, and the real deal here.

⚖️ UFX vs. Other Brokers (Comparisons)

Commodities are basic goods that are traded in large quantities, such as metals, agricultural products, and energy resources. Examples of commodities include crude oil, gold, wheat, coffee, and natural gas. Commodity prices are determined by supply and demand in the global market, and are often subject to fluctuations based on factors such as weather conditions, geopolitical events, and economic trends. Commodities can be traded through various channels, including commodity exchanges, futures markets, and over-the-counter (OTC) markets. Investors can buy and sell commodities directly, or they can invest in commodity-related securities such as exchange-traded funds (ETFs) or mutual funds.

According to their FAQ page, this broker does not charge any deposit fees.
And how is the quality of their trading services compared with other reputable trading brokers?
Managed trading accounts can be beneficial for investors who don’t have the time, knowledge, or desire to actively manage their investments.
By understanding the features and benefits of each platform, you can select the one that best aligns with your trading goals.
This broker has also been regulated by CySEC 127/10, VFSC 14581, BaFin , CNMV 3039, Finansinspektionen (Sweden) and ESMA.

Instruments Traded

The extensive list of available assets is undeniably one of UFX’s strengths.
Once approved, your account will be converted into a swap-free one.
Virtual Portfolio, to review yourself after practicing on the Demo Account.
With a user-friendly interface, simple trade placement, and seven unique sentiment-based alerts, it creates an excellent environment for new traders.

Following are the languages offered by UFX for users of different countries. Traders Union (TradersUnion.com) shall not be liable for the consequences of trading decisions made by the Client and for the possible loss of his capital resulting from the use of this website ufx broker and information published on it. Be careful and cooperate with the trusted brokerage companies only. Everything here is set up to drain money, but I realized it too late… To publish a PRO-type review, all fields in the form must be filled out.

How to Use the MassInsights Technology Platform?

You can make withdrawals at UFX by using a credit card, bank transfer, and eWallet. However, you need to keep in mind that withdrawals take from 3 to 10 business days to process. Since its establishment in 2007, UFX has quickly become one of the most popular brokers. They have famous athletes like Mike Tindall among their brand ambassadors. UFX offers users comprehensive support via email,phone, and live chat.

Can you use Bitcoin as a deposit method with UFX?

UFX Charges for inactive accounts but doesn’t charge for withdrawal or deposits. 68.38% of the traders are operating their accounts at a loss, which is significantly better than the average. UFX desires to meet all its clients’ trading needs while at the same time, offering stable and competitive spreads. The financial products offered by the promoted companies carry a high level of risk and can result in the loss of all your funds.

Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. Trading Central helps the traders to get the latest updates and analyses from the top experts. All the details and analysis are done in a pure simple way to help the new traders.

Unsurprisingly, these actions have left a sour taste in the mouths of many traders. The fact that the FCA has banned its services only adds to its tarnished reputation. Also, UFX maintains an offshore entity, a detail worth considering when contemplating opening an account.

Unregulated Brokers have defrauded many Traders on numerous occasions. The complaints regarding UFX scamming its traders called for an SEC audit where a couple of accounts managers were let go. As you already informed that UFX never, charge deposit, fees, and third-party deposits are not allowed with this broker.

UFX Trading Platform score

Also, if clients accidentally deposit funds into their account, they can request a withdrawal immediately by clicking on the Withdrawal tab on their trading platform. This broker offers 6 available accounts, all with varying minimum deposit requirements. The cheapest account to open is the Micro/Mini which has a minimum deposit of $100, making it affordable for a large number of traders, even those just starting out. The Mini and the Standard accounts have a $500 and $1,000 minimum required respectively. The Gold account can be opened for a minimum of $5,000 whilst both the Platinum as well as the Islamic account have a minimum deposit of $10,000. The last 3 accounts are targeted towards experienced traders rather than beginners.

A $100 inactivity is charged every 45 days for accounts with no trading activity for 45 days, and a 0.1% hedging fee is also levied. Broadly speaking, the pricing environment is not as generous as those provided by other top brokers. Furthermore, traders can select trading accounts suitable for their needs. UFX provides 6 types of trading accounts, including Micro Accounts, Mini Accounts, Standard Accounts, Gold Accounts, Platinum Accounts, and Islamic Accounts.

UFX offers users a built-in tab to monitor one’s portfolio and to search for specific stocks. By doing so you are able to view a company’s share price and financial details, such as revenues, price earnings, and price to earnings ratio.One of the most notable features of UFX is its customisability and search functions. These type of accounts hat allows learning traders to invest with the virtual money and adapt to the trading trends and learn how to trade. Though UFX is located offshore and is regulated by a questionable regulatory authority, the brokerage remains to be seen as a safe, secure, and fair online trading brokerage. UFX takes security very seriously and encrypts all of their processes involving the transmission of data using advanced SSL technology and layered backup systems. As well, UFX runs their services off of secure data centres in separate locations to ensure further security.