UPFX Spreads, leverage, minimum deposit Revealed
WikiFX | 2024-12-18 14:59Abstract：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.
| 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
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