Honest UFX Broker Review: What You Need to Know in 2025

Unlike other brokerage companies that have complicated trading platforms, UFX trading platforms are straightforward, unique, and unbelievably easy to use. Most importantly, their trading platforms support mobile trading. UFX supported credit cards include MasterCard, VISA, American Express, Maestro, and Diners. When it comes to eWallets, customers can use various wallets including Poli, Skrill, Neteller, and Sofort. We should also mention that the broker has a minimum deposit and withdrawal amounts of $50 and $70 respectively.

What is the minimum deposit at UFX?

The platform also shows information ufx com forex trading such as when an asset abruptly changes direction in trend, increasing volatility, spikes in open positions, and volume growth. It should be noted that the minimum deposit changes based on account type. This UFX review explores a highly reputable, well-regulated STP broker.

Forex Brokers

It’s also worth far more to beginner and veteran traders alike than just educational materials. MetaTrader 5 is a highly popular trading platform that provides a wide range of benefits. It comes with a user-friendly interface, excellent performance, and an extensive range of charting and analytical tools.

This broker developed its services around its proprietary MassInsights Technology, featuring attractive tools for traders, but it doesn’t justify the non-competitive trading conditions. UFX shows a lot of promise, but there are certainly aspects that deserve to be addressed to make the broker a more attractive option, especially for more established 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.

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.

The DFX Team at DailyForex is a group of veteran financial analysts, traders, and brokerage industry experts dedicated to producing in-depth broker reviews and cutting-edge market insights, plus analysis of market trends. Holding over 16 years of experience in global financial markets, and 4 B.A. Level academic qualifications in relevant degrees, we conduct thorough, unbiased evaluations of brokers to enable traders make informed decisions, using…

• UFX also possesses a range of security measures designed to seek out any system bugs and therefore protect its users.
• Continue reading our in-depth UFX review to discover more about how you can start trading with this broker.
• Once the stop price of a trade is reached, a stop-limit becomes a limit order that will then be executed at a pre-determined price.
• The broker is known for its proprietary MassInsights Technology, which offers real-time market analysis.

UFX is a leader in the retail trading industry and offers its services to clients all over the world. For the EUR/USD pair, this broker provides a fixed spread of 4 pips for the mini and micro accounts and three pips for the standard account. The gold and platinum accounts have fixed spreads of 2 pips on the same pair. This platform comes with many trading tools, charting packages, and a whole lot of useful technical indicators.

• UFX offers a iPhone Apple iOS mobile trading app available on iTunes.
• CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
• This broker knows exactly what you need as a trader to increase your chance of making a profit.
• If you want to test this broker’s services, our UFX review team is happy to report that an unlimited free demo account is available.
• The company also holds trading competitions on a regular basis where traders can win various prizes including a Lotus Elise car.
• It’s a great broker that offers an outstanding trading experience.

UFX Account Types

Forex fees are calculated by subtracting the bid price of a trade from the ask price in order to find the spread. The exchange then keeps the spread as a fee or commission, so check whether UFX requires such a fee. UFX web trading is the process through which traders can open and close positions online without downloading software. Using a web browser, investors and trading can follow bid-ask spreads, place take profit orders, or place stop loss orders, and track any positions that have been executed. While somewhat disappointing, educational materials are available practically everywhere online. On the other hand, proprietary technology like MassInsights is far more difficult to find.

⚙️ UFX Features & Platform Tools

It’s operated by Reliantco Investment Limited, a Cyprus-based and CySEC-regulated financial company. With UFX, there is the opportunity for certain experienced users to upgrade to a pro trading account. This account offers Muslim traders the same benefits as a Micro/Mini account but has a minimum deposit of $10,000 and a minimum trading volume requirement of $100,000.

At the time of this UFX review, there were no bonuses or promotions available, in compliance with EU law. MassInsights Technology represents the biggest asset UFX has to offer. More index CFDs would be welcome, as the current selection is limited.

Traders can also trade precious metals including copper, platinum, and gold. UFX’s offerings are ideal for long-term investors and speculators. UFX is one of the most reputable online trading brokers we have today.

Recommended Brokers:

The Mini, Standard, Gold, and Platinum trading accounts have minimum deposits of $500, $1,000, $5,000, and $10,000 respectively. There are no distinctly unique features at UFX besides the MassInsights service which was previously mentioned. This service may be useful for some traders, specifically those who are relatively new to trading. The absence of the MT4 trading platform and lack of support for automated trading solutions represent a critical oversight.

UFX Features

Our team of UFX review experts was pleased to find that this broker offers plenty of payment options for you. However, when you consider all the great tools and benefits this broker offers, you’ll find that it’s more than worth the additional cost. If you are eligible, the minimum deposit for a professional account with UFX is $1,000. This brokerage offers a broad range of research and education resources. Some resources provided by UFX include FXStreet-powered headings and a dependable economic calendar. Their fixed spreads are high and vary from one type of account to another.