Forex brokers rating. Find out what brokers traders trust.

This web resource is meant for accomplished traders who are interested in changing their broker and also beginners who are in search of their first broker. Every visitor to ForexRating can compare forex brokers available in the market nowadays and choose the best company to suit their needs. Apart from a comparative analysis of forex brokers, the web resource contains an honest rating of forex brokers which are ranked entirely on the grounds of your votes. By ForexRating, you can judge a degree of trust that traders put in a particular forex broker.

How to choose a Forex broker?

UFX reviews

6/10 (votes 2374)

FX-1 Race

Chance to win a real prize of $1,500 on a demo account

Beauty contest

Miss InstaForex, a prize fund for voting

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.

Advantages:

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

Disadvantages:

high spreads

Add your review

Comments about broker

Topeng trader

review UFX

21-10-24

Not as expected. The customer support was rude, not responsible to solve our problem. Their withdrawal process unresponsive, they keep ignore your request.

Charlie trader

review UFX

19-05-22

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

18-08-21

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

07-04-21

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

02-12-20

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!

Diclaim

Trading in the foreign exchange market and using leverage involve considerable risks and may cause a partial or complete loss of funds.

Make sure you possess sufficient skills and experience for this activity and are aware of possible risks.

UFX reviews

Pass to the list of brokers

Comments about broker

FOREX RATING © 2024 All right reserved