Company Summary
| UFX Review Summary | |
| Founded | 2009 |
| Registered Country/Region | Cyprus |
| Regulation | CYSEC (Revoked) |
| Market Instrument | Forex |
| Demo Account | ❌ |
| Leverage | / |
| Spread | / |
| Trading Platform | / |
| Minimum Deposit | / |
| Customer Support | Live chat |
| Contact form | |
| Fax: +44.207.681.1810 | |
| Tel: +44.203.318.9450 | |
UFX Information
UFX is a fx brokerage company registered in Cyprus and founded in 2009. It currently only holds a revoked CySEC license.
Pros and Cons
| Pros | Cons |
| Long operation time | Revoked regulation |
| Live chat support | Commission fees charged |
| Limited payment options |
Is UFX Legit?
UFX is licensed by CYSEC to offer services but currently revoked.
| Regulated Country | Regulator | Current Status | Regulated Entity | License Type | License No. |
 | Cyprus Securities and Exchange Commission (CySEC) | Revoked | Reliantco Investments Ltd | Appointed Representative (AR) | 127/10 |
What Can I Trade on UFX?
| Trading Instruments | Supported |
| Forex | ✔ |
| Commodities | ❌ |
| Indices | ❌ |
| Stocks | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
UFX Fees
Clients will receive $50 for each initial deposit, and then 25% of the initial pip spread from each trade, multiplied by a percentage of the volume. Earn a percentage of the company's trading turnover among the clients. Make up to 35% revenue share.
There is a minimum payout. The monthly earnings will be sent out to clients only if the sum is over $100, otherwise a commission will be carried over to the next month.
Deposit and Withdrawal
UFX accepts payments done via wire transfer, money bookers or PayPal.
胡丹
Saudi Arabia
الشركة تنهب ٦٥ ألف من رأس المال و ترفض ردهم رغم وجود كل الأوراق التى تثبت ذلك
Exposure
FX1694550972
Philippines
unable to withdraw about this site. ive deposited $300
Exposure
FX9220879122
Nigeria
On 15.JUL.2015 I was trading EUR/ CAD pair at UFX and I made 7571.36 USD profits. The same day I get email from their employee (VikyG@ufx.com), they deleted my profit (7571.36 USD), in connection to section 9.6 terms and conditions. So they claim there was "NO QOUTE" on the market in the time of my trading. NO QUOTE means I couldnt open deal, but I did, so they are wrong!!"
Exposure
FX1280925788
India
Suddenly, I cannot open its official website?! What the hell? I just registered an account for two days! While my account manager comforted me that the official website was temporarily down…
Neutral
FX1047636992
Mexico
My aunt told me that this broker is excellent, but after reading it, I thought that the trading conditions were mediocre. I wondered if he was brainwashed, but when I checked again today, his website couldn't be opened! Did he run off with the money?
Neutral