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

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  • 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