A secure trading environment and reliable customer service are key offerings at UFX. 68.34% of retail traders operate accounts at a loss, slightly better than the average, and a positive performance. Research is exclusively provided in partnership with Trading Central, a leader in independent third-party research, but it is solely available to traders with a minimum deposit of $1,000 and above.

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. UFX offers trading financial instruments to its 10,000 customers. MassInsights offers a live stream of market events and aggregated trader behavior. You’ll be able to see what assets are trending among other traders.

UFX, established in 2007, has been a notable player in the online trading industry, offering a range of financial instruments including Forex, CFDs, and ETFs. Over the years, the broker has garnered attention for its proprietary trading platform, ParagonEx, and its MassInsights™ technology. However, recent developments have raised concerns about its regulatory standing and operational transparency. This review delves into the various aspects of UFX, providing an in-depth analysis to assist potential traders in making informed decisions. UFX offers a variety of trading platforms and account types to cater to different trading preferences.

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• Any fees charged by your bank or payment processor, however, are your responsibility, which is to be expected.
• It’s a great broker that offers an outstanding trading experience.
• UFX provides you with the opportunity to trade a wide range of company stocks too, as they offer shares from 449 different companies from all over the world.
• The stream also notifies you of important market updates and news as they occur to ensure you are up to date with the financial markets at all times.
• For the period they’ve been operational, they’ve proven to be a truthful online trading broker.

This platform also shows a financial events calendar with notifications for upcoming economic events. The stream also notifies you of important market updates and news as they occur to ensure you are up to date with the financial markets at all times. After reviewing the UFX forex broker, our team of professionals concluded that this broker truly shines in terms of the research tools they provide.

Forex Broker Reviews

• Common non-trading fees include the withdrawal fee, deposit fee, account fee, or inactivity fee.
• While the spreads narrow with higher deposits, they are still a little steep.
• UFX offers multiple trading platforms to take care of the trading needs of various traders.
• 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.
• When it comes to charting, the apps offer unique experiences and come with multiple drawing tools and indicators.

This broker truly caters to traders who want to be in complete control of their trading. Therefore, instead of trying to do multiple things mediocrely, they’ve opted to cater to one type of trader with outstanding services. Our UFX review team was pleased to discover that this broker offers an extensive number of trading instruments across a variety of asset classes, thereby offering you plenty of opportunities to make a profit. UFX’s trading platform also provides detailed asset analysis on a single page, including everything from Advanced Charts with historical data to Daily Ranges and more. You can also access Trading Central directly from the platform, as well as an economic calendar, which makes for an excellent trading experience.

When withdrawing to a credit card, you will also have to provide a copy of the front and back of the card you used to make the deposit. You will be able to fund your account via Visa or MasterCard credit cards, as well as Maestro and Diners Club International. You can also do so through local bank transfers and quite a few e-wallets, including Skrill, Neteller, Giropay, iDEAL, Neosurf, China Union Pay and many more. If the account has less than $100, after 45 days, UFX can charge a lower administrative fee but will close the account 10 days after sending you a notification. UFX was founded in 2007 and has since grown to become an award-winning firm in the retail trading industry, serving customers from across the globe.

To open an Islamic account, you must reach the UFX customer support with necessary documentations to supplement your account opening request. Once approved, your account will be converted into a swap-free one. Its regulator, CySEC, revoked its license as the company failed to provide information on its investment operation activity.

If this occurs, UFX will execute the order at the next best price. Continue reading our in-depth UFX review to discover more about how you can start trading with this broker. This broker is regulated by the Cyprus Securities and Exchange Commission (CSEC) under license number and Vanuatu Financial Services Commission (FSC). Ref Wayne rose from Soweto to forex fame, but his wealth faced backlash. Discover his trading journey, Pipcoin scandal, and FSCA comeback in 2025. Although UFX was initially licensed by CySEC under Reliantco Investments Ltd., the firm was penalized with fines totaling €100,000 for violations related to transparency and failure to maintain adequate compliance records.

Financial Conduct Authority (FCA) – United Kingdom

MT5 access does not seem to be available in the Islamic account despite the high minimum deposit. With over 15 years in the online trading industry, UFX once positioned itself as a reliable forex broker offering cutting-edge technology and diverse asset access. Known for its MassInsights™ technology and tiered account types, UFX drew attention from beginner and experienced traders alike. The caliber and reputation of UFX can be evaluated on the features that it offers its users. Some of its key features include order execution tools, live news feeds, fundamental research tools, scanning tools, charts, and live support from UFX staff.Alternatively, one can analyse the trading features themselves that UFX might have to offer.

UFX markets and products

This broker knows exactly what you need as a trader to increase your chance of making a profit. This broker provides you with a wide range of trading opportunities across a variety of asset classes, making it an excellent choice if you are looking to expand your portfolio. Our main concern with this broker is their inadequate regulation. UFX is one of the least regulated brokerage companies in the industry. However, we’ll give them the benefit of the doubt since they’ve been in the industry for many years. For the period they’ve been operational, they’ve proven to be a truthful online trading broker.

UFX Review Final Verdict

Opening an account with UFX is straightforward and in line with other popular brokers. This broker offers a range of account types ufx broker and a reasonable minimum deposit, making it accessible for any trader, regardless of your investment budget. UFX is a brokerage operational since 2010, is a broker that is fueled by its proprietary MassInsights Technology. All trades are reported to an EU verified trade register, resulting in 2.8 million unique trades submitted to the CME in 2018.

UFX Review

A UFX market order is an order to buy or sell a stock at a market’s best available price in that current moment. A market order will usually complete an execution, but it does not guarantee a specified price. Market orders are at their best use when the primary goal of a trader is to execute their trade immediately. Users have the option of trading in pounds, euros, or dollars.All accounts allow users to trade in pounds, euros, and dollars.

UFX Broker Review in 2025: Is It Legit and Regulated

While reviewing UFX, our team of experts found that this broker offers fraction pip pricing. The broker quotes prices with up to five or three decimals, depending on the currency pair. This means, generally, that spreads and quotes will be far more accurate. ParagonEx Web Trader is a proprietary forex trading platform developed by UFX.

You only need to fill in some basic information at first to set up a demo account. Subsequently, you can go through the rest of the process to start trading live. For example, UFX holds all client funds in segregated accounts, meaning that your money is kept separate from the broker’s operational funds. Therefore, in the unlikely event that the broker becomes insolvent, your funds cannot be used to cover any outstanding debts the broker might have. Discover liquidity zones, charts, and strategies to improve spreads, execution, and trading accuracy. As of 2025, UFX broker is no longer regulated by the Cyprus Securities and Exchange Commission (CySEC), and its operations have become a point of concern for several global financial watchdogs.

This broker offers 7 of the most popular indices, including the S&P 500, the DAX 30, and the WIG20. Please note that our UFX review team discovered that this broker only offers MT5 for Gold accounts and above. To open a UFX professional account, you will need to prove that you are a professional trader, which will include answering a few questions to prove your knowledge.