UFX- Some Important Points about This Broker
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.
Deposit and Withdrawal
UFX accepts payments done via wire transfer, money bookers or PayPal.
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