UFX Partners Spreads, leverage, minimum deposit Revealed

WikiFX | 2021-04-21 14:27

Abstract：　　UFX is a fx brokerage company registered in Cyprus and founded in 2009. It currently only holds a revoked CySEC license.

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.