UFX – online trading platform with cash back feature

UFX – online trading platform with cash back feature title=
1.3/5
Min. deposit
$100
Demo account
Yes
Currency
USD
Supported languages
EngRus
Active
Yes
Payment Methods
American ExpressBitcoin PaymentsCashuCredit CardDebit CardDiners ClubGiropayiDealMaestroMastercardNetellerPaysafecardPOLiQIWISkrillSofortVisaWebMoneyWire Transfer
Instruments
CFDsCommoditiesETFsForexindicesStocks
Min. trade price
$1
Regulated By
CySEC
MetaTrader 4
No
MetaTrader 5
No
cTrader
No
OmniTrader
No
AlgoTrader
No
TradingView
No
Trading Central
Yes
Autochartist
No
eSignal
No
STP Account
No
ECN Account
No
DMA Account
No
MAM Account
No
PAMM Account
No
LAMM Account
No
Demat Account
No
Mobile Apps
iOS & Android
Margin Trading
Yes
Volatility Index
No
Spot Trading
Yes
Perpetual Swaps
No
ELWs
No
REITs
No
AI / Machine Learning
No
Robo Advisor
No
P2P Trading
No
Negative Balance Protection
No
VPS Hosting
No
Tournaments
Yes
Demo Competitions
Yes
Managed Accounts
No
Market Maker
No
Auto Trading
Yes
Social Trading
No
Copy Trading
No
Trade Signals
No
Islamic Account
Yes
Inactivity Fee
$100
Guaranteed Stop Loss
No
Stock Exchanges
Australian Securities ExchangeBorsa ItalianaDow JonesFTSE UK IndexLondon Stock ExchangeNasdaqNew York Stock Exchange
Commodities
CornGoldNatural GasOilPalladiumPlatinumSilver
Forex Trading
Trade over 60 forex pairs with advanced analysis tools.
Forex GBPUSD Spread
3 - 5 pips
Forex EURUSD Spread
2 - 4 pips
Forex EURGBP Spread
4 - 5 pips
Forex Assets
65+
Crypto Lending
No
Crypto Staking
No
Crypto Mining
No
Crypto Auto Market Maker
No
Ladder Options
No
Boundary Options
No
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* The amount that will be credited to the account in the case of a successful deal

*General Risk Warning: Your capital might be at risk

Trustpilot Real Time Reviews

Star

The Trustpilot rating is 1.3,
according to 184 reviews

4.5 Stars
jeremy garcia
jeremy garcia
stars
es
I start trading at this platform 3 years ago and so far I had a very Good experience. I really like the look of the page since it is very intuitive and easy to handle, and they have very valuable information such as live market trends and signals! Good advice aswell by his financial trainers !

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Arben Lleshi
Arben Lleshi
stars
gb
To everyone, this type of business is for the risk takers and also for individuals that can afford to lose some to gain more. I’ve been trading with them for a year now and yes they do call you very often, they also send email updates to give you an opportunity in the market as it happens. They have told me from the start that it is very high risk of loosing all the assets, but if you want to play this game you have to check everything from Twitter to Facebook to news feed in the market as everything effects your investment. I do believe that there’s opportunity to make money if you pay attention, however I don’t agree with anyone that blames directly this company. This is my opinion based on my experience with them. I wish everyone the very best of luck and remember no one should make you do anything it is you that should automatically be responsible for yourself and your assets , no one else.

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Magnus Bordewick
Magnus Bordewick
stars
no
I see people complaining about number of calls, completely understandable but that’s exactly the reason why I’m gonna use them forever!! They are doing the hardest job for you, educating you and giving you information... I don’t have much time to follow the market, I receive a call from my trainer almost everyday for around 10-20 mins briefing me what’s the best to do right now. Little effort from my side and huge effort from side of UFX... I use them for 8 months right now and honestly haven’t got any problems.

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Alicia Johnson
Alicia Johnson
stars
us
After being uncertain for about half a year I decided to invest my money and chose UFX platform. My investment has grown, not in millions, I'm not a billionaire now and do not own a yacht, but so far it's been working for me... I'm still new to this world so I'm no professional but I don't see any problem with this platform so far + I really like their website design!

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Andrew Nowak
Andrew Nowak
stars
gb
- good support - assistance of professionals - great technologies on the platform - many cryptocurrencies - no fees - quick withdrawals I recommend to everyone. I started because of my friends were using them already for a few months. Good way to get some extra money every month...

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zoeball78
zoeball78
stars
gb
I am so used to trading Binary options and after all the palaver i changed over to Forex trading using UFX and with their great training i am now trading for my self which is much better then the signal providers. I love there MT5 it is great to use and have had no problems in withdrawing my money so i am happy as Larry at the Moment... Glad i made the change

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 Overview of CFD trading platforms: UFX

The lack of a unified method of choosing a reliable financial broker, which would allow to identify and analyze the strengths / weaknesses of trading platforms, significantly complicates the activities of not only beginners, but also experienced traders. Using various “lucrative”, at first glance, offers (bonuses, contests, a high payout percentage on successful transactions, etc.), fraudsters attract prospective clients to lure as much money as possible from them. At the same time, a company can start its activities as a decent broker, thanks to which even very careful traders who are willing to invest in a project that interests them more than one hundred (and sometimes a thousand) dollars get into their “networks”. The UFX broker presented in this review is in many respects classified as reliable and decent representatives of the industry. But, despite this fact, there are quite a lot of negative reviews about it in the network. Angry user comments (or freelancer reviews ordered by competitors) make you wonder whether it is worth registering on this trading platform account or is it better to look for other offers from brokers? For a reasoned answer to this question, it is necessary to study in detail the main indicators of UFX activity, including an objective description of the resource presented.

 

UFX – review of the CFD trading platform

What steps does the UFX administration take to attract users

Established in 2007, UFX is a Cypriot company whose founders are a team of real professionals who are well versed in online trading, investment, programming and legal support for forex brokers. The company’s website ideally combines the classic methods of trading traditional assets with the latest technology, new ways to make a profit and the highest standards of service for their customers. The presented trading platform in terms of functionality is suitable for both experienced traders and beginners.

Security

Developed for companies such as UFX, the application in conjunction with modern platforms guarantee instant processing of tasks, the safety of personal data and protection from the effects of adverse external factors. The higher the volume of trade, the more compensation the trader receives from his losing trades (few brokers use this method of stimulating users).

One of the main ways to protect deposits is to place clients’ money in separate accounts in reliable banking institutions. For security of transactions the special protected protocol is applied.

Regulation

If someone has any doubts about the safety and reliability of the broker, they will surely be dispelled by the most convincing evidence – the presence of institutions that control the work of the trading platform. These are the Cyprus Securities and Exchange Commission (CySEC) and the Financial Regulatory Authority. Practice shows that for experienced traders this is quite enough to register a login to UFX, without delving into the other nuances of the broker’s activities. CySec is the regulated for many brokers in Europe including IC Markets and Orbex.

Training

The broker’s web site has a personal training program with an introduction to the basics of online trading, professional terminology and the provision of a personal tutor. Thanks to such care for its users, the company, without any problems, prepares qualified specialists who are well-versed in the basic nuances of the global financial market.

In the process, UFX customers use economic news, track trends, analyze market trends and reversal patterns, which helps them to make accurate predictions that allow them to earn good money. An additional advantage is the demo accounts provided by the UFX administration, which allow us to see in practice how a broker works, what can be done to increase profit, etc. At the same time, a trader does not need to spend personal savings.

Analysis of UFX trading performance

In addition to the demo account on the broker’s website, you can open:

● Micro.

● Mini.

● Standard.

● Golden.

● Platinum account.

The main differences between them are the number of services provided, the availability of contests / bonuses, as well as the amount of the minimum deposit that the trader must make.

Trading Terms

● The minimum deposit is $ 100.

● Account currency – US dollar.

● The minimum transaction size is 0.01.

● Bonuses – 30% of the deposit amount.

● Technical support – round the clock, 7 days a week.

● Affiliate program – there is.

● Cash back – provided.

How to deposit or withdraw money

Quite often reviews about UFX, which are easy to find on the network, pay a lot of attention to methods of depositing / withdrawing money. Such interest can be explained by the fact that most similar companies limit themselves in this respect to 2-3 ways, and UFX takes a strong leading position:

● Debit and credit cards of banking institutions (MasterCard and Visa / Maestro).

● Skrill.

● WebMoney.

● CashU.

● Neteller.

● Sofort.

● Giropay.

● QIWI.

● Neosurf.

● POLi.

● China UnionPay.

Trading Instruments

The reviews compiled about UFX focus on the fact that by the number of available assets, in contrast to the above methods of depositing / withdrawing money from the account, the broker in question lags significantly behind many of its competitors. In this case, CFD contracts are available to traders using commodities, indices and stocks. But practice shows that in most cases the listed trading instruments are quite enough to make profitable transactions and get a stable income.

Based on the above information, we can conclude that this company is not a fraudulent project. It is hard to imagine how the creators of the resource are waiting for more than 10 years, while ensuring the full-fledged work of the trading platform to wait for the moment when the time comes for the fraud.

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