On-line since: About the company: UFX offers its services on Forex since 2007. The company doesn’t declare itself as an executing broker and is not linked to the stock market directly. UFX conducts intermediate operations, delivering orders from its clients to a broker which provides more favourable conditions of execution. Clients of UFX can choose various trading instruments which include currency pairs, stocks, CFDs on futures, commodities, and indices. Moreover, the broker renders PAMM and MAM services. The company uses straight through processing (STP) in its work. There is ParagonEx trading platform designed by UFX available to its clients. The company also suggests MetaTrader4 trading platform which is familiar to many traders. Besides, UFX recommends its UFX Trading application available for iOS and Android.
7/10
(votes 3102)
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Been using UFX for 3 months now and I am satisfied with their great contests and bonus offers. I trade with their bonus and they are very low spreads and fast support and executions are super fast so far it is best for me, and for future I expect better trading with them. Withdrawals request processed within one or two days. I give UFX 4.5 stars.
My experience with them is not good due to bad trading execution, slow platform and very difficult withdrawal process. I deposited $520 and I lost half trying to trade EUR/USD, USD/JPY, USD/CAD. I had negative slippage due to delays. I will close my account because it's just losing time and money. When I login to my account I found that my current balance is $553. They cancel all of my profit. I already send several my to their client support department but they do not reply me back yet.
I've $800 investment in a mini MT4 account with UFX broker. I found a smooth execution and the accurate price quoteon the platform . I am grateful to follow their expert's trader analysis and order by the PAMM system. Actually, I've earned 2k profit from my trading life. While I am using an EA on their MT4 platform. Also, I am happy to withdraw my profit through Neteller. So I will continue to trade with them forever.
My experience at UFX was not what I expected. I was looking forward to a smooth trading experience but this is not what I got because of their faulty platform. Most of the time, it would freeze or crash so my trading activities are affected.
They have a lot of trading instruments, but the platform crashes a lot and it stops during a trade. Traded with UFX for just a month, and after the a month of trading on the platform, I had no choice than to withdraw my little balance and close my account. It's impossible to perform my trading strategies with requotes and slippages. I'm very disappointed with them. Maybe I'm still lucky, not all of my money is lost because of this broker. My brother's money has already lost $3500.
There were a lot of reasons why I lost, which include, software freezing, order fulfillment problems, pips increasing unexpectedly. I made a withdrawal with $850, when I earned profit $500. Then, I waited in 1 week without getting money, so I checked it again by calling their support. Their support told me that my request was still waiting for processing. They have some technical difficulties and withdrawal of money is not so fast as I wanted.
There were a lot of reasons why I lost, which include, software freezing, order fulfillment problems, pips increasing unexpectedly. I made a withdrawal with $850, when I earned profit $500. Then, I waited in 1 week without getting money, so I checked it again by calling their support. Their support told me that my request was still waiting for processing. They have some technical difficulties and withdrawal of money is not so fast as I wanted.
I've been lost $350 in a Micro account with UFX broker. I have experienced their variable spreads and fake price quotes on their platform, So I can't make a profit in scalping trading. Also, their payment service through Skrill is full of harassment in my forex trading life. That's why I am so shocked by UFX brokers!
I no longer trust UFX brokers. Finally they refused the $700 withdrawal request. They just refused. Until now I have not gotten my money. UFX broker told me that I heavily, broke the rules. All my orders were closed after 5 minutes. I didn't break any rules. UFX kept insisting that I did to get back the money that I earned from them.
Not a reliable broker, with totally unprofessional customer support. Their analysis and forex news are misleading and also incorrect. When I checked my account, I discovered that some of my earnings yesterday got cancelled. I received an email about it, but the explanation seems unconvincing. UFX told me that I heavily, broke the rules. How? All my orders were closed after 5 minutes. I didn't break any rules. UFX kept insisting that I did to get back the money that I earned from them.
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