The trading app is freely downloadable from the Apple app store and googles play store. UFX is a CFD and forex trading broker that was established in 2007. The broker offers to trade over 45 forex currency pairs, commodities, CFD’s, indices, shares, commodities, and cryptocurrencies.

Their accounts have varied minimum deposits with Micro and Islamic trading accounts having the lowest minimum deposits of $100. The Mini, Standard, Gold, and Platinum trading accounts have minimum deposits of $500, $1,000, $5,000, and $10,000 respectively. The UFX management team prefers that you try its proprietary award winning ParagonEx web-based trading platform. For those traders that prefer to remain with a familiar set up, UFX also supports the highly popular and downloadable Metatrader4 system. The firm also provides its unique “MassInsights™ Technology”, which keeps you abreast of market trends and where the action is. The back office uses STP protocols and ECN connections for high-speed order executions to ensure the best market price.

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Markets.com offers 67 Forex pairs to trade and UFX offers 50 Forex pairs to trade. Traders want Forex brokers to offer them a choice of trading platforms, so we give brokers who offer multiple platforms higher ratings. Trading platforms we consider include MetaTrader4, MetaTrader5, cTrader and proprietary mobile and web-based platforms. Top forex brokers who offer variable spreads keeping beginners as well as experienced traders in mind.

Since 2012, the UFX – has been winning considerable recognition for its services to the industry. Australia, the United Kingdom, and South Africa are among the key markets where UFX provides its services. Asian countries such as Thailand, Singapore, India, and Hong Kong, are also legally available for the company. It is also operational in European countries such as France, Norway, Germany, Sweden, Denmark, Luxembourg, and Italy.

Customer Support

However, this high-value content is available to UFX clients only at or above a minimum deposit of $1,000. New accounts make more substantial deposits to get access to this data. The Daily Market Review feature is one of the key examples of how UFX offers profound daily trading recommendations. It also maintains and updates an economic calendar based on the clients’ trading criteria. A limited and free of cost research is also offered to beginners daily, based on their trading needs. A personal account manager will help newcomers become traders quickly.

Discover a broker you can trust by reading our in-depth and honest reviews, created by industry experts. Authorised to carry out the said regulated financial activities. Please confirm with them whether their brokers were authorised to give financial investment advice to amateur investors such as me.

Does markets.com or UFX have lower costs?

UFX is a brokerage operational since 2010, is a broker that is fueled by its proprietary MassInsights Technology. All trades are reported to an EU verified trade register, resulting in 2.8 million unique trades submitted to the CME in 2018. A secure trading environment and reliable customer service are key offerings at UFX. 68.34% of retail traders operate accounts at a loss, slightly better than the average, and a positive performance.

Financial trading firm UFX provides a wide range of support for business research over its online application as well as on its website. These standard software tools include an economic calendar and human trading inputs to its exclusive MassInsights technology, which interprets client’s sentiments. MassInsights decodes sentiment information in numerous ways which extend way beyond the conventional buying and selling. UFX further intensified its research in 2017 by appending contents from Alliance Signals, a trading name of iSignals based in Switzerland. The especially capable online application is also a web-based versatile tool that requires no software installation or online download.

And i would refer you to the https://forexhero.info/ that helped me fight them and get your money $12,000 back. Our experts have assessed this broker but could not confirm if UFX is safe. Sign up to our newsletter in order to receive our exclusive bonus offers and regular updates via email. UFX has also partnered with Trading Central, which is one of the most important providers of financial research. However, UFX does state that, at certain times, it might not be possible to send your execution order at first market price. This is generally at times of very high volatility and rapid price movements.

Do the brokers offer copy trading?

UFX has also developed proprietary technology that offers you all the information you need to be an effective trader. Combined with outstanding platforms and a variety of accounts, this broker provides a unique trading environment to hone your strategies, regardless of your level of experience. Presently more than 70% of traders want to trade with the smartphone. It offers MassInsights™, Technology, and many advanced trading tools.

The inactivity fee may differ depending on the type of account and trade requirements. The online brokerage firm also offers mobile-friendly ParagonEX and Metatrader4 mobile applications. Their mobile web trader comes with all the features in the desktop trader. Also available are native mobile apps which are easily accessible on Play Store and App Store. This platform comes with many trading tools, charting packages, and a whole lot of useful technical indicators. Yes, UFX is a good and reliable broker because UFX is a CFD and Forex trading broker.

As a CySEC regulated brokerage, UFX adheres to a strict KYC/AML policy. New accounts require verification via a copy of the trader’s ID and one proof of residency document. MassInsights offers a live stream of market events and aggregated trader behavior. You’ll be able to see what assets are trending among other traders. The platform also shows information such as when an asset abruptly changes direction in trend, increasing volatility, spikes in open positions, and volume growth.

In 2021, currency traders need the proper assistance of reputed brokers in helping them sell or buy foreign currencies. Among the list of trusted brokers globally, UFX has contributed significantly to the global forex trading community. Thousands of currency traders partner with the UFX broker, who handles their trading activities in the overall foreign exchange market. The firm offers its own web-based trading platform, the award winning ParagonEx platform.

When calculating trading costs, we measure the cost to trade one lot of EUR/USD using the broker’s account with the lowest minimum deposit. The cost includes both the spread and any commission charged. UFX allows its customers to trade a variety of assets like commodities, stocks, currency pairs, indices, and ETFs. Customers have a flexible choice of application, like the in-house designed and developed UFX Web Trader platform and MetaTrader 5. The firm also provides cutting-edge software and attributes like MassInsight technology and Trading Central.

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange, or any kind of trading you should carefully consider your investment objectives, level of experience, and risk appetite. No information or opinion contained on this site should be taken as a solicitation or offer to buy or sell any currency, equity or other financial instruments or services. Past performance is no indication or guarantee of future performance.

Firm’s he has worked at include big banks like Citi, and prominent hedge funds including D. The UFX website is mobile-responsive, which means that it works flawlessly on any mobile device, regardless of the platform. You can also easily trade on your mobile device with UFX as this broker offers a mobile version of their ParagonEx trading platform and MT5. You might also not be able to trade BTC at all, depending on your country of residence.

• Brokers in Australia and reliable brokers such as FP Markets and TMGM.
• The company holds a positive performance through its technical support system.
• The company is a verified financial service provider, having executed over 2.8 million unique trades every year since 2018.
• In addition, the broker states numerous industry awards that recognize them as an “FX Broker of the Year” or “Best Trading Platform and Tools”.
• We consider this a great business move and these UFX Markets bonuses are a great incentive for new traders to join and promote the broker.
• It has been awarded as a best-value forex broker by several market regulators for its impeccable customer service.

ufx com forex trading trading platform provides its customers with an advanced, trusted platform for trading forex, CFDs on indices, shares, commodities, ETFs, futures, crude oil, and cryptocurrencies. UFX broker has earned an optimistic reputation ever since its inception in 2007. Although their different accounts have high minimum deposit requirements, the broker offers a broad range of resources, bonuses, and mouth-watering promotions. UFX trading platforms, Metatrader4 and ParagonEX, are very efficient.

With the UFX trading platform, customers are free to trade in fiat currencies , commodities, ETFs, indices, forex pairs, and stocks. Besides, the broker also extends MassInsight technology that shows a live stream of market situations, trade conditions, and trader behavior. UFX also provides Trading Central, an industry-leading provider of financial investigation, market studies, and investment research. UFX accouches high-quality educational resources, tutorials, and financial market analysis to its customers free of cost.

We spend many hours evaluating the safety of each broker by delving into their fine print and confirming each one of their regulatory licences on the online registers. The more top-tier authorities a broker is regulated by, the higher its trust rating. The firm offers two licensed trading applications, which is also available on mobile devices. We get to know from UFX review 2023 that to simplify depositing and withdrawing funds, UFX has offered support through several funding methods.

Some of the questions include personal details, active email address, active mobile phone number, and type of account a user wants to register for trading. Apart from MetaTrader 4, another alternative trading application based on UFX broker reviews that customers of UFX can access is ParagonEx Web Trader 4.0. The financial trading firm also boasts about its world-class cybersecurity protocols, which secure both traders’ information, and ensures safe transactions on every trading session. UFX Global Limited is one of the leading forex and Contract for Differences brokers in the online financial trading industry. The broker also offers additional trading content and research insights from iSignals and Alliance Signals.