Score
UPFX
https://upfxtrade.com/
Website
Rating Index
Influence
Influence
D
Influence index NO.1
Contact
Licensed Entity:OPHELEO HOLDINGS PTY LTD
License No. 224485
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
Account
- Environment--
- Currency--
- Maximum Leverage1:400
- SupportedEA
- Minimum Deposit$5000
- Minimum Spreadfrom 0.0
- Depositing Method(6+) USDT MASTER VISA Neteller
- Withdrawal Method(6+) VISA MASTER Neteller USDT
- Minimum Position--
- Commission--
- Products--
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Company Summary
| UPFXReview Summary | |
| Founded | 2020 | 
| Registered Country/Region | United States | 
| Regulation | ASIC (Exceeded) | 
| Market Instruments | Forex, commodities, indices, cryptocurrencies, shares | 
| Demo Account | / | 
| Leverage | Up to 1:1000 | 
| Spread | From 0 pips | 
| Trading Platform | MT5 | 
| Social Trading | ✅ | 
| Min Deposit | $100 | 
| Customer Support | 24/7 contact form | 
| Email: admin@upfxtrade.com | |
| Company Address: New Horizon Building, Ground Floor, 3½ Miles Philip S.W. Goldson Highway, Belize City, Belize | |
Founded in 2020, UPFX is a multi-asset broker registered in the United States, offering trading in forex, commodities, indices, cryptocurrencies, and shares with leverage up to 1:1000 and spread from 0 pips via the MT5 platform. The minimum deposit requirement is $100.

Pros and Cons
| Pros | Cons | 
| Diverse tradable assets | Exceeded ASIC License | 
| Multiple account types | High minimum deposit requirement | 
| Commission-free accounts offered | Limited contact channels | 
| Flexible leverage ratios | |
| MT5 offered | |
| Social trading | |
| Popular payment options | 
Is UPFX Legit?
No, UPFX currently has no valid regulations. It only holds an exceeded Investment Advisory License from Australia Securities & Investment Commission (ASIC).
| Regulated Country | Regulated Authority | Regulatory Status | Regulated Entity | License Type | License Number | 
|  | Australia Securities & Investment Commission (ASIC) | Exceeded | ULTIMATE PINNACLE CO PTY LTD | Investment Advisory License | 224485 | 

What Can I Trade on UPFX?
| Trading Asset | Available | 
| forex | ✔ | 
| commodities | ✔ | 
| indices | ✔ | 
| shares | ✔ | 
| cryptocurrencies | ✔ | 
| bonds | ❌ | 
| options | ❌ | 
| ETFs | ❌ | 

Account Type/Leverage/Fees
| Account Type | ECN | Ultimate | Pro | Golden | 
| MinDeposit | $5 000 | $100 | $1 000 | $100 | 
| Max Leverage | 1:400 | 1:500 | 1:400 | 1:1000 | 
| Spread | From 0 pips | From 2.0 pips | From 0.6 pips | From 2.0 pips | 
| Commission | $3 per side | ❌ | $4 per side | ❌ | 
| Trading Markets | 150+, Forex, CFDs & Crypto | 130+, Forex, CFDs & Crypto | ||

Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for | 
| MT5 | ✔ | iOS, Android, Web | Experienced traders | 
| MT4 | ❌ | / | Beginners | 

Deposit and Withdrawal
Available deposit and withdrawal methods on this platform include:
- Visa
- MasterCard
- NETELLER
- Tether (USDT)
- UnionPay
- Skrill

Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- Suspicious Overrun
- High potential risk
News

News What are the benefits of choosing UpFX?
What are the benefits of choosing UpFX?
Wiki Q&A
What is the spread on UPFX?
The spread on UPFX starts from 0 pips for certain account types, which is highly competitive. However, other accounts, like the Ultimate and Pro accounts, have higher spreads, starting from 2 pips. I would need to carefully select an account type based on my strategy and the spreads they offer.
What account types does UPFX offer for trading?
UPFX offers several account types, including ECN, Ultimate, Pro, and Golden. The ECN accounts are best for those who want tight spreads, while the Ultimate account is good for those with a smaller budget. The minimum deposit for these accounts varies, ranging from $100 to $5,000. Personally, I would choose the ECN account for its low spreads if I had the capital.
How long does it take for a withdrawal to be processed by UPFX?
UPFX generally processes withdrawals within 24 hours, which is acceptable to me. However, I’d make sure to check the withdrawal fees and ensure I use the most efficient payment method, as processing times and fees may vary depending on the withdrawal method.
What payment methods are supported by UPFX for deposits and withdrawals?
UPFX supports a wide range of payment methods, including Visa, MasterCard, Tether (USDT), Neteller, and Skrill. These options give me flexibility in terms of how I deposit and withdraw funds. Personally, I would prefer using USDT (TRC20) for its fast processing times and low fees.
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FX3445993934
Malaysia
Please ask the police or relevant personnel to conduct an in-depth investigation! Investigate this Ultimate Pinnacle! It is a scam! How long has it been? Can you open a company but not withdraw this small amount of money? ?
Exposure
FX3562293827
Malaysia
I hope this email finds you well. I am writing to report an issue I am experiencing with UPFX, and I kindly request your assistance in resolving this matter. I have been a client of UPFX for 1 year 2 months, and I am currently facing difficulties with withdrawing my funds from my account. Despite multiple attempts to initiate withdrawals, I have not been successful in accessing my funds. Here are the details of my account with UPFX: * Name on Account: Celine Ting * Account Number: 500642 * Date of Account Opening: 21.02.2023 * Amount of Funds Unable to Withdraw: $8063.78 I have diligently followed all withdrawal procedures outlined by UPFX, including submitting necessary documentation and complying with any verification requirements. However, despite my efforts, I have not received any satisfactory resolution from UPFX's customer support team. Attached to this email, please find copies of relevant correspondence with UPFX, including withdrawal requests and any responses received. I believe this issue warrants investigation, as it may indicate potential misconduct or irregularities on the part of UPFX. I appreciate your attention to this urgent issue and look forward to your prompt response. Please do not hesitate to contact me if you require any further information or clarification.
Exposure
Hack2850
Thailand
There is a balance in mt5 but the balance in the system does not appear. Can't withdraw money. I contacted the management but they were silent. Whoever wants to deposit money with this broker, think carefully. You may not be able to withdraw money again. Including my friends who trade, there are about 10 people who have the same problem. (As far as I know)
Exposure
Varry
Belarus
UPFX impresses me with their Demo Account and Trading Platforms! Their Demo Account is a great way to practice trading without risking real money, and their trading platforms are user-friendly and packed with features. UPFX is definitely a solid choice for traders of all levels
Positive
FX4263769062
Malaysia
I told you that I was looking for a professional trader, but sl/tp will not set during trade. I knew that the position would be liquidated but it would not be a loss, so I put 445usd in the liquidation for him. There was no profit at all for more than two months. I'm running out of money! Don't come out and do hosting if you don't have the skills. It's really bad. It's so bad. They also promote how good their platform is on various social software. Post all kinds of good-looking records to deceive people.
Exposure
Gustavo@Fring
Malaysia
UPFX tries to mislead investors into thinking it is a legitimate brokerage. Viewing its homepage, the broker claims to be a limited liability company established in Belize as an operating subsidiary within the Lepanto Group of companies (collectively "Ultimate Pinnacle") under registration number 173474 and having its registered address in Belize City, but we can't find any results in the registers of Belize's International Financial Services Commission (IFSC). Here lies a reality -- UPFX isn't regulated by Belize IFSC and therefore, none of this is true.
Exposure
Albert1981
Indonesia
scammmmmmmmmmmmpenipu lieeeeer broker my account not exist no reason be aware cannt log in any reason bad broker ,bad cs service, my email no reply until now
Exposure