UFX.com is an established Forex broker, that is owned and operated by; Reliantco Investments Limited.
They are located at; 139 Makarios Avenue, Zavos Business Center, 3rd Floor, 3021 Limassol, Cyprus. Their phone number in United Kingdom is: +44 208 150 0778, and the email address is: [email protected]. Official website is: https://UFX.com.
If you have complaints or withdrawal problems, read this.
UFX Broker Reviews
A review of this broker is quite interesting, as they have taken a different approach to Forex investing and trading. UFX has a unique trading platform as you can see in the screenshot below. Running along the side of their trading platform is what they call MassInsights. It is basically trading signals, which are similar to crown based or social trading.
The custom trading platform is available as a web based software, and they have mobile apps for Android & iOS. MetaTrader4 is also available. The brokers website is available in 24 languages including: Nederlands, Turkish, Mandarin, Japanese, Italian and more.
Leverage on many assets is 400:1. The list of assets available at UFX is relatively large, and includes all the popular assets for CFD trading. They also have plenty of market indices, commodities, stocks, bitcoin, crypto and more. Minimum deposit for a new trading account at UFX is $500.
UFX License & Regulation
When comparing Forex brokers, it is always important to verify that they broker has an active license. There are many scam brokers online who are not licensed or regulated.
The benefit of using a licensed broker is that your funds are secure. Brokers that are licensed in Cyprus are members of the Investor Compensation Fund which provides protection of up to €20,000 in the event that the broker becomes insolvent.
- UFX is licensed and regulated in Europe under that name Reliantco Investments Limited, by the Cyprus Securities and Exchange Commission (CySEC) and their license number is 127/10.
- Outside of the European Union, this broker is owned by: UFX Global Limited, which is located at: Govant Building, Kumul Highway, P.O.Box 1276 Port Vila, Vanuatu.
On June 15th 2020, the FCA in England issued an alert: “UK consumers should be aware that these Cyprus registered firms no longer hold relevant permissions to conduct regulated activities with UK consumers.” Read more.
Compare The Best Forex Brokers
There are many Forex brokers to choose from today, you can see the list of Forex Broker Reviews here.
You can get a Free Demo Account on their unique trading platform, signup here.