UFX broker review and test – Is it a scam or not?
Table of Contents
Review: | Regulation: | Platforms: | Minimum deposit: | Spreads: |
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(4.2 / 5) | CySEC (Cyprus) | MetaTrader 5, Trading Central, App, MassInsights Technology | $ 100 | From 2 pips |
Trading is and has remained a difficult job for the newcomers, due to a lack of direction and knowledge. However, this review will help people to decide which platform is better for investment and trading purposes keeping in view the safety with the help of its comprehensive analysis. UFX is one of the online brokers that help its clients to achieve profits.
In this article, we want to share our experiences with UFX. The broker claims to be one of the best in the industry. Learn about the trading conditions, offers, trading platforms, and fees of UFX. Should you really invest money in this company? – Find out in our review below.
What is UFX? – The broker presented
UFX is a Cyprus trading broker that is working for quite a long time to offer multiple ranges of trading opportunities for traders and investors. You can find the company at the address 139 Makarios Avenue, Zavos Business Center, 3rd Floor, 3021 Limassol, Cyprus. The platform is safe and regulated that offers investment opportunities in the world’s big companies.
UFX has the prestige to win multiple trading awards in return for its services rendered to the people. Multiple types of accounts are offered in this platform that helps users to invest and earn accordingly. It has unrivaled customer support to assist users all over the world. The interface of the platform is cool and easy to use. UFX has the best deposits and withdrawals method and has a great customer support team. The platform offers a diverse range of bonuses, promotions, cashback, and loyalty awards to its users also.
Facts of the broker UFX:
- Based in Cyprus and regulated there
- Awarded trading platform
- Competitive conditions
- Accepts international clients
- More than 5 years in the trading business
- STP (Straight-Through-Processing) Broker
The best brokers for traders in our comparisons – get professional trading conditions with a regulated broker:
Broker: | Review: | Advantages: | Free account: | ||||||||
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1. Capital.com | (5 / 5) ➔ Read the review | # Spreads from 0.0 pips # No commissions # Best platform for beginners # No hidden fees # More than 3,000+ markets | Live account from $ 20: (Risk warning: 76% of retail CFD accounts lose money) Review and test the UFX trading platformsAll the trading brokers try to provide a unique, easy, and diverse interface for the trading platform. A good and easy-to-use interface is the most important thing for brokers. UFX has made the best possible interface to give an excellent trading atmosphere to its users. It is designed amazing that a new trader can do very well on it. Overview of the UFX platformAt the top left side of the platform, the users can access assets like currencies, commodities, indices, stocks, and EFTs. There is also an option of the portfolio, where users can see their holdings and overall value. Transaction history can also be viewed as the economic calendar as well. At the bottom of the left side, there is an option of support, where people can contact customer support. The top side of the main page has equity, balance, P&L, positions, free margin, and the option of used margin. People can also access the trading central. There is an option of deposit at the top right corner of the platform. The live price bars and charts can be viewed from the main page. Different assets, indices, companies along with the buy/sell rates and the spread can be seen. Users of the UFX can also view 24 hours changes in the market price along with the 24 hours high and low market price. Following are the other platforms offered by the UFX: Mass insight techMass insights tech helps the users to perform better with the help of AI-based techniques and methods in trading. Trade from 0.0 pips over 3,000 markets without commissions and professional platforms: (Risk warning: 76% of retail CFD accounts lose money) MT5MT5 is the most advanced form of trading platform that helps users in getting multiple benefits at the same time. Users of MT5 get instant news, feedback, and expert analysis. Hence, it greatly helps the new traders in trading. Trading CentralTrading Central helps the traders to get the latest updates and analyses from the top experts. All the details and analysis are done in a pure simple way to help the new traders. Trading Central helps in the fast execution of orders. Mobile trading appUFX has made a great contribution in facilitating the traders. Just like all other platforms, UFX has launched mobile trading on mobile apps on the apple store and android store as well. The mobile application is easy to use and is full of the latest features. The size of the file is 9 Mb and has 500K+ downloads. It shows the popularity of UFX among the users. Languages supported by the UFX trading platforms:Following are the languages offered by UFX for users of different countries. Japanese, Vietnamese, Danish, Indonesia, Hungarian, Czech, Malay, Chinese, Romanian, German, Arabic, Swedish, Norwegian, Finnish, Italian, French, Polish, Russian, Portuguese, Hindi, Dutch, Turkish, Spanish, English. Learning to trade with UFXUFX has fulfilled its promise of imparting technical knowledge of trading among users. The platform has helped a lot in this field by making new traders into professional traders within a short span of time. The features and facilities like an economic calendar, elective professional clients, video lectures to train the news traders have made significant positive results. In this way, UFX has done a lot in educating the new traders by empowering them with the necessary tools required for trading. SMS alerts, recent updates are given to certain account types to have full interaction with the market and information about their trades. How to open your accountThe process of opening the account is simple due to its easy-to-use interface. The users need to enter their first and last name, email, set password, any promotional code to get a discount, country selection, and by entering phone number. Traders have to continue and proceed to the next step of verifying the account by clicking the link sent to the email address. The best brokers for traders in our comparisons – get professional trading conditions with a regulated broker:
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