On-line since: 2007
Country of origin: Cyprus
Regulation: Cyprus Securities and Exchange Commission
Payment options: credit and debit cards, wire transfer, e-wallets as Skrill, Neteller, SOFORT, ELV, iDEAL, CUP, Qiwi, WebMoney, paysafecard, Neosurf, Giropay POLi CashU, and Bitcoin.
Minimum account size: from $100 to $10000
Minimum lot size: from 0.05 to 1
Leverage: up to 1:400
Spreads: from 2 to 4 pips

UFX is the global leader in the online trading industry. The company was founded in 2007. In 2011 the broker received the licence number 127/10 from the Cyprus Securities and Exchange Commission CySEC. The broker strives to ensure that all his clients make a profit by trading in the financial markets.

Risk Warning:

The broker warns that when trading CFDs, a client can quickly lose his money due to leverage. That is why the broker strongly recommends clients to think about all the risks.

Company’s values:

  • Loyalty
  • Ambition
  • Excellence

Company’s services:

The company provides a platform for trading. There are many trading instruments, in particular currencies (about 50 pairs), various CFDs, indices and shares, as well as a number of ETFs.

Terms of trade:

UFX offers 6 different account types to meet the needs of each client. All account types have fixed spreads and a wide range of trading instruments. To open an account, you need to deposit $100. Clients can choose a trading platform: unique ParagonEx Webtrader or MetaTrader 4.

Support service:

For more information, clients can contact support by phone, email, or live chat.

Feedback from traders:

Many traders noted the good work of the support service, but not everyone agrees with this. There are no delays in withdrawing funds. Also, traders often write about scams.


  • The company is regulated by the state
  • Variety of trading accounts
  • Choice of trading platforms
  • Broker does not charge commission


  • high spreads

Add your review

Comments about broker

Charlie trader
review UFX

I can't trade at UFX's platform, As the platform didn't execute on time, and always I got 5 to 20 pips slippage from my desired position. I think their price quote is delayed than the live market. So it is a losing machine for me, and till now, I had lost $320. So I am disappointed to deal with UFX and warn others about their lacking platform.

Narina trader
review UFX

I wanted to withdraw $1000 and was denied. UFX had deleted my gain trade records. After couple weeks of going back and forth with them, I was only able to withdraw only around $700. I would like to recommend all traders to be carefull. I had a lot of problem with UFX. As likes slow execution, constantly requotes in the news time. If I ask their support, they told unacceptable excuses. I am totally disappointed and sucked. If you want to lose your money then you could be opened an account with them.

Bianca trader
review UFX

The customer support team of UFX is approachable and they answer all inquiries promptly and with clarity. I think that having an established rapport with their clients is a good thing as it assures us that we are dealing with a reliable broker.

Forhia trader
review UFX

Last month I signed up at UFX and deposited $1000. The main cause to trade with them, they advertise that their spreads are very low like below 2 pips. When I start trading, put some orders, and then noticed that their spread is 8 pips on the usdjpy pair. I checked two other platforms I had up and their spreads were 3 pips. These people are liars. Stay away from UFX broker!

Owen trader
review UFX

I am trading with them since last year and this is the first time they took all my 90% of my profits. Can't wait to close my account. Their customer support is not helpful and slow, and they also execute trades against me. There are occasional requotes. They don´t solve customers problems immediately, sometimes you must wait for 2 or 3 days. It is horribly. They just care about their benefit and ignored clients' demands. So I left them to find another broker. Always no connections and requotes. Please, stay away! Now I am with two other brokers so far i am satisfied. Not as bad as UFX. They cancelled my profitable trades today. According to them, all the profits I acquired were influenced of the economic announcement.

Show more
Start trading with
no risks and investments
With new Start-Up Bonus of $1000
Get bonus
from InstaForex
on every deposit
Earn up to
for inviting friends to get StartUp Bonus from InstaForex
No investments required!