UBFX Review
💲 Min Deposit $1
⌛ Year Established 2016
💼 Regulation
💡 Min Position 0.01 lot
🌐 Website www.ubfx.co
🌎 Country
⚖ Max Leverage 1:400
📖 Free education
👨💻 PAMM
📊 MAM
📁 Segregated accounts
📈 Managed accounts
🕋 Islamic accounts available
🗺 Vps
UBFX is a well-established broker since 2016. UBFX has a headquarter in Vanuatu. UBFX to provide their Forex/CFD trading services to global clients.
This broker has also been regulated by Ministry of Finance and Economic Management (Vanuatu) 14745.
Account Information
Apart from the forex demo account, this broker offers Standard, Islamic, Corporate and Raw Spread. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by UBFX is up to 1: 400. Meanwhile, you can open an account with a starting capital of $1.
Min Deposit
$1
Max Leverage
1:400
Spread
Variable
Commission
$5
If you want to look for a more simple explanation regarding this broker's account type(s), take a look at the following chart:
💲 Min Deposit $1
💡 Min Position 0.01 lot
🔢 Spread Variable
📉 Scalping
🤖 Expert Advisors
💱 Hedging
⏳ Pending orders
1️⃣ One-click trading
💸 Commission
Instruments Traded
Besides lots of currency pair, UBFX also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD, Oil and Indexes for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
As for Standard account, UBFX specifically provides it with the following instruments and leverage:
💲 Min Deposit $1
💡 Min Position 0.01 lot
🔢 Spread Variable
📉 Scalping
🤖 Expert Advisors
💱 Hedging
⏳ Pending orders
1️⃣ One-click trading
💸 Commission
Instruments Traded
Besides lots of currency pair, UBFX also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD, Oil and Indexes for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
As for Islamic account, UBFX specifically provides it with the following instruments and leverage:
💲 Min Deposit $50000
💡 Min Position 0.01 lot
🔢 Spread Variable
📉 Scalping
🤖 Expert Advisors
💱 Hedging
⏳ Pending orders
1️⃣ One-click trading
💸 Commission
Instruments Traded
Besides lots of currency pair, UBFX also offers some instruments you would like to trade on, such as Forex, CFD, Options and Indexes for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
As for Corporate account, UBFX specifically provides it with the following instruments and leverage:
💲 Min Deposit $20000
💡 Min Position 0.01 lot
🔢 Spread Variable
📉 Scalping
🤖 Expert Advisors
💱 Hedging
⏳ Pending orders
1️⃣ One-click trading
💸 Commission $5
Instruments Traded
Besides lots of currency pair, UBFX also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD, Oil and Indexes for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
As for Raw Spread account, UBFX specifically provides it with the following instruments and leverage:
Payment Methods
Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.
Skrill : Mostly, all forex brokers provide Skrill as an online payment service option. Fast, easy, and safe transactions are the main reasons why traders using this method. Traders can use Skrill to fund their trading accounts with either payment cards, bank wire transfers, or directly from a Skrill e-wallet account.
Neteller : Like PayPal, Neteller is one of the most popular online payment services today. Due to this popularity, nearly all forex brokers accept Neteller as a payment method for their clients' fund deposit and withdrawal. Although the Neteller system is available almost all over the world, it remains particularly popular in Europe.
FasaPay : Known as an e-payment for retail forex traders, FasaPay does not require a huge amount of fee, giving it a competitive edge among any other e-payments in the forex brokerage industry. Instant process is also featured as one of its advantages.
UBFX also provides payment with AliPay, iDEAL, giropay, UnionPay, SOFORT, Przelewy24, Local bank transfer, Ethereum, Crypto, Credit/debit cards and Boleto Bancário
Trading Platforms
Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.
Hereby, UBFX offers you MetaTrader 4.
Customer Support
Do you have any question or find any trouble related to UBFX? If you do, you should reach UBFX's support to get the information that you need. Here is the detail of the broker's customer support:
Website Languages
Office Support
Email Support
Call Support
Chat Support
FAQ About UBFX
A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if UBFX is a good broker for you or not by reviewing the criteria. In general, UBFX provides trading service in Forex , Gold & silver , CFD , Oil , Indexes and Options . As for the payment methods, you can choose between AliPay, Crypto, Boleto Bancário, Credit/debit cards, Ethereum, FasaPay, giropay, iDEAL, Local bank transfer, Neteller, Przelewy24, Skrill, SOFORT, UnionPay and Wire transfer. The customer support is available via Email, Live chat and Phone.
The starting capital in UBFX is $$1.
UBFX is regulated by Ministry of Finance and Economic Management (Vanuatu) 14745. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.
UBFX is a brokerage company offering trading services for clients since 2016 with offices in Vanuatu.
