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UFX -

Score

1.71 /10
Danger

UFX

Cyprus

10-15 years

Suspicious Regulatory License

Cyprus Appointed Representative(AR) Revoked

High potential risk

http://www.ufxpartners.com

Influence

C

Add brokers

Comparison

Quantity 3

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index8.56

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Danger

AU ASIC
2019-06-03
UFX Global Limited ASIC advises this company could be involved in a scam
UFX

Danger

CY CYSEC
2010-04-19
WARNING
UFX

Broker Information

More

Company Name

Reliantco Investments Ltd

Company Abbreviation

UFX

Platform registered country and region

Cyprus

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 3
Previous Detection : 2025-06-09
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • CyprusCYSEC (license number: 127/10) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!

WikiFX Verification

Exposure

3 pieces of exposure in total
Pyramid scheme complaint
Expose
Data Source WikiFX Data provide
Updated: 2025-06-09
UFX · Company summary
UFX Review Summary
Founded2009
Registered Country/RegionCyprus
RegulationCYSEC (Revoked)
Market InstrumentForex
Demo Account❌
Leverage/
Spread/
Trading Platform/
Minimum Deposit/
Customer SupportLive 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.

UFX Information

Pros and Cons

Pros Cons
Long operation timeRevoked regulation
Live chat supportCommission fees charged
Limited payment options

Is UFX Legit?

UFX is licensed by CYSEC to offer services but currently revoked.

Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
Cyprus Securities and Exchange Commission (CySEC)RevokedReliantco Investments LtdAppointed Representative (AR)127/10
UFX license

What Can I Trade on UFX?

Trading InstrumentsSupported
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.

UFX Fees
UFX Fees

Deposit and Withdrawal

UFX accepts payments done via wire transfer, money bookers or PayPal.

Deposit and Withdrawal

News

ExposureDoes UFX Just Closed Quietly?

​UFX, a retail broker that offers forex and contracts for differences (CFDs) trading services, seems to have quietly closed its doors. According to a note on the company's website, "UFX is no longer providing investment services to customers in this area."

WikiFX
2023-01-23 18:33
Does UFX Just Closed Quietly?

News10 Worst Rated Forex Brokers in South Africa (2022)

The Forex trading industry has gone a long way in recent years, and many brokers have already earned a solid and favorable image; nevertheless, there is another side to the story. There are a number of untrustworthy Fake Forex brokers on the market that traders should be aware of and avoid at all costs.

WikiFX
2022-08-03 15:05
10 Worst Rated Forex Brokers in South Africa (2022)
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User Reviews

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User comment

4

Comments

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FX1280925788
more than one year
Suddenly, I cannot open its official website?! What the hell? I just registered an account for two days! While my account manager comforted me that the official website was temporarily down…
Suddenly, I cannot open its official website?! What the hell? I just registered an account for two days! While my account manager comforted me that the official website was temporarily down…
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2023-02-23 09:38
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FX1047636992
more than one year
Mi tía me dijo que este broker es excelente, pero después de leerlo, pensé que las condiciones comerciales eran mediocres. Me pregunté si le habían lavado el cerebro, pero cuando revisé nuevamente hoy, ¡no se podía abrir su sitio web! ¿Se fugó con el dinero?
Mi tía me dijo que este broker es excelente, pero después de leerlo, pensé que las condiciones comerciales eran mediocres. Me pregunté si le habían lavado el cerebro, pero cuando revisé nuevamente hoy, ¡no se podía abrir su sitio web! ¿Se fugó con el dinero?
Translate to English
2022-11-25 19:09
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