UFX Review – is UFX Scam or Legit Broker?

UFX

2.65

Rating

2.7/5

Pros

  • Hundreds of tradable stocks
  • Fully regulated surgeries (CySEC, MiFID)
  • Strong Social Networking existence with Exceptional customer service
  • Islamic accounts option accessible

Cons

  • Limited CFD trading advice
  • No info on incentive provides

Review/desktop

UFX is a UK-based brokerage that focuses on contracts for the gap. It’s owned and operated by Reliantco Investments Limited with all CySEC regulation. The business is enrolled in Limassol, Cyprus. In addition, UFX enjoys all of the profits of MiFID to calling its services around Europe. The business was enrolled in 2014. UFX is an award-winning broker, using multiple respected names for the credit. These include European Financial FX Director of the Year 2014 and 2015, European FX Broker of the Year 2014 and 2015, UK Forex Winner 2015, and also the UK Forex Winner for Best Forex Customer Service.

Account Types

Multiple account kinds are found for traders, such as a Mini Account, a Standard Account, a Gold Account, a Platinum Account along with also an Islamic Account. There are specific profits open to traders with each one of these reports. UFX has ordered each account to provide various bundles, dependent on trading preferences. By way of instance, the Mini Account needs a minimum deposit of $500 and a minimum trading level of 5,000. The Standard Account needs a minimum deposit of $1000 with minimal trading level of 10,000. The Gold Account needs a minimum deposit of $5,000 plus it matches a $50,000 minimum trading volume.

Platinum Account holders need to earn a deposit at least 10,000 and the trading volume will be 100,000. Islamic Accounts need a minimum deposit of $1000 using a minimum trading level of 10,000. Together with these reports, traders may enjoy matters such as an individual trading trainer, 24hour Life support, daily guidelines, daily store reviews, and also a video library. Just Standard, Gold and Platinum Account holders like VIP trading exclusive and support upgrades. There are additional profits open to this greater end trading accounts holders like access into this MetaTrader4 platform along with SMS trading alarms.

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Trading Platform/applications

UFX which makes it effortless for one to trade CFDs where you’re. It’s possible to download the trading platform, like Web-based trading, or even move portable. Every one of the trading programs have been userfriendly and readily reachable. The no-download ParagonEx Web Trader 4.0 is very exciting for CFD traders. This is an update on the Web Trader Platform that has many innovative capabilities. If you’re a cellphone trader, you are going to delight in the UFX trading program. It’s totally free to download and it’s perfectly appropriate to all manufactures of iOS along with Android apparatus. UFX additionally offers the MT4 platform. This is actually a cut above the others, and only the best brokerages provide MetaTrader4. A number of the numerous features contain trading tools, high-level technical evaluation, automatic trades and charting. Be aware that just superior accountholders may access this particular platform.

Deposit options

Deposit options include Visa, Sofort, MasterCard, Maestro, Diners Club International, American Express, POLi, Neteller and Skrill. Every one of these payment techniques will be guaranteed secure. UFX uses SSL technology to make certain no third-party interception of almost any information that is personal is potential. Funding options span the complete range of charge cards, bank cards, bank transfers, E-Wallets as well as Bitcoin. Other famous payment options contain: Paysafecard, WebMoney, Qiwi, CashU, NeoSurf, ELV, local bank transport and CUP.

Markets

The Assortment of accessible stocks comprises popular classes including currencies, commodities, shares, indices, and ETFs

Commodities: gold, silver, crude petroleum, and Propane

Indices: the DAX, the S&P 500, Dow Jones Industrial Average and the NASDAQ Composite Index.

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ETFs (Exchange Traded Funds): DIA, GDX, USO, XLV, QQQ and many others.

Currency Pairs: EUR/USD, GBP/USD, USD/JPY, GBP/JPY, EUR/GBP and many others.

Stocks: Apple (AAPL), Google (GOOG), Facebook (FB) among also others.

Leverage on shares would be 20:1, 400:1 on commodities and currencies, 50:1 or 100:1 on exchange-traded funds, and 50:1 on indices.

Bonuses

UFX provides several bonuses for example contests and also the rewards cash-back program. It’s ideal to get support for precisely the prevailing bonuses and promotional supplies.

Customer Support

There are plenty of techniques to obtain in contact with customer service agents at UFX. These include Viber or even WhatsApp in 447700021284 medially 6 AM GMT and 7 PM GMT. Other options comprise any-time aid with international support agents in numerous countries across Europe, the Middle East, Asia, and Russia. Traders even provide the option of completing an internet contact form. UFX service is available in 24 languages, such as German, English, French, Polish, Dutch, Spanish, Portuguese, Norwegian, Danish, Swedish, Turkish, Romanian and many others.

Safety

Trading in UFX is 100% safe. First of all, there are two layers of firewall security to protect against unauthorized entry to one’s account. In addition, there are just two separate server sockets in various places, Verisign SSL security for improved security, armed guards protecting the servers along with extra customer affirmation and identification methods.

Ease of Use

We saw UFX to be exceptionally userfriendly, together with readily accessible options available for trading, reports, events, promotions, financing, tradable stocks, and touch options. The trading programs are especially user-friendly, especially the trading platform also MetaTrader4.

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Final Thoughts

UK traders will probably be thrilled with UFX. It supplies the broad selection of simple to know CFD trading options using competitive spreads, generous leverage, and a vast assortment of tradable stocks. The trading platforms adapt customers throughout the spectrum, together with web, portable and complete download functionality. Security is paramount, and also dual coating firewalls and security technology guarantee the integrity of one’s private information is definitely guarded.

Internet Site:
www.ufx.com
Telephone:
44.208.150.0778
Legislation:
CySEC
Minimum Deposit:
$25
Spreads From:
4 PIPs
Max Leverage:
400:1