UFX Review

Extensive Review

Founded in 2007, UFX is one of the international leaders in the online trading industry. As a fully licensed and regulated broker, they try to adhere to the highest ethical standards, customer protection, and trading security. They are regulated by the Vanuatu Financial Service Commission under license number 14581. In 2014, the company rebranded from UFX Markets to UFX.

As an STP broker, UFX does not take opposing trades to clients. The company offers fixed and stable spreads. When trading in UFX, traders can enjoy their proprietary platform, MassInsights Technology. It has won multiple awards for its user-friendly trading tools and quick execution speeds.

UFX's platform offers some features, including MassInsights, Assets, Calender, Detailed Asset, and Trading Central. With these features, traders will get a comprehensive live stream of market events and aggregated trader behavior to show them what matters in real-time. Only in one page, traders can see many features such as Advanced Charts, Historical Data, Open Rates, Available Leverage, and Daily Range. All is there to help clients make an informed move.

Traders can also trade on the go by their mobile trading platform. It is available for both iOS and Android, or login and trade directly. UFX has partnered with Trading Central, the leading provider of rich financial research to offer traders a unique trading experience. But, note that Trading Central is only available for UFX traders who deposited $1,000 or more in their accounts. Besides, MetaTrader 5 is also available for traders who register in UFX. It offers a superior range of features, an intuitive and easy-to-use interface, as well as rock-solid stability and blazing performance.

Furthermore, traders can select trading accounts suitable for their needs. UFX provides 6 types of trading accounts, including Micro Accounts, Mini Accounts, Standard Accounts, Gold Accounts, Platinum Accounts, and Islamic Accounts. Traders will get the cheapest minimum deposit in Micro Accounts ($100). On the other hand, the most expensive deposit is available in Platinum Accounts and Islamic Accounts, which amount to $10,000. Meanwhile, only traders in Gold and Platinum Accounts can access the MT5 platform.

UFX provides 5 classes of assets, including ETFs, indices, currencies, commodities (corn, crude oil, palladium, platinum, silver, gold, natural gas), and stocks.

Based in Port Vila, Vanuatu, UFX excels at the funding process. Most traders say that funding on UFO is very fast, depends on the payment method chosen. UFX accepts many different payment methods, so traders can choose the form of payment most convenient for them.

The funding methods include Neteller, Mastercard, Visa, Visa Electron, Maestro, Dinners Club, Local Bank Transfer, Skrill, Sofort, ELV, Giropay, iDeal, Neosurf, China UnionPay, CashU, Qiwi, and many more. Traders' funds are always held in segregated accounts. They take traders' privacy seriously and keep all personal data safe within their secure database, and never share any trader information with 3rd parties.

Traders can increase their income by following UFX's partnerships program. They have several partnership options that can all be scaled to meet the needs of traders' specific business. Opportunities are available for Introducing Brokers, Franchises, Partner Referrers, and White Labels.

On the Introducing Broker, clients' website traffic and marketing expertise can earn payments for every new trader that they refer to UFX. This broker designs user-friendly solutions in harmony with the needs of both clients and their traders, providing a valuable source of income based on creating successful connections.

Each program has its own privilege. When clients join the UFX success story with Franchises program, clients will gain access to a comprehensive support system, including KPI-focused BackOffice software, fully vetted payment methods, experienced marketing professionals, personalized training courses for management and sales teams, and a dedicated personal liaison.

Overall, traders looking for a simple trading solution alongside integrated news and analysis tools may find UFX as an ideal choice. UFX also provides a wide range of account options, despite its relatively high spreads and fixed spreads.