

UFX offers its clients quite profitable spreads when trading currency pairs such as EUR / USD, up to 4.0 pips, which is significantly higher than that of other foreign exchange brokers. The company's activities are strictly regulated by the Cyprus Securities and Exchange Commission. The main office of the company is located in the Republic of Vanuatu. Among other things, the company provides its clients with the opportunity to use a demo account for an introductory process. The minimum initial deposit is €500. An upgraded STP automated system used by UFX with no human intervention drastically facilitates financial processing workflow
Fouded
2007
Min deposit
500$
Min withdrawal
50$
Withdrawal fee
no
Inactivity fee
US 50$ after inactivity three months
Min bet
0.01 lots
Max. leverage
1:400
Withdrawal of funds
1-7 working days
Asset type
Forex, Indices, Commodities, Shares
Regulated
CySEC, VFSC
Deposit with credit card
Visa, Mastercard, Maestro, Bank transfer, Local Bank Transfers
Depositing with electronic wallet
Skrill, Neteller, SOFORT, ELV, Giropay, iDEAL, Neosurf, China, UnionPay, CashU, Qiwi, WebMoney, POLi, Paysafecard, Bitcoin
Withdrawal
Visa, Mastercard, Maestro, Bank transfer, Local Bank Transfers, Skrill, Neteller, SOFORT, ELV, Giropay, iDEAL, Neosurf, China, UnionPay, CashU, Qiwi, WebMoney, POLi, Paysafecard, Bitcoin
Avalaible plamform
MT5, Trading Central, UFX Mobile App, Web, IOS, Android
Company registration
T19, 1st Floor, Tana Russet Plaza, Kumul Highway, Port Vila, EH2 1JE, Vanuatu
Pros
Segregates client funds
Established in 2007
Regulated by CySEC
Min. deposit from 500$
Cons
Doesn't allow scalping
Inactivity Fee
Not FCA Regulated