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.
Read more
Firsttrade Review: Traders Raise Ponzi-Style Scam Concerns, Withdrawal Denials & More Issues
Have you lost all your capital while trading via Firsttrade? Does the US-based forex broker disallow you from withdrawing funds? Do you have to pay massive fees when transferring funds? Does your trade get affected because of frequent malfunction in the trading app? These have been haunting many traders at Firsttrade. Consequently, many of them have raised complaints online. In this Firsttrade review, we have shared such complaints. Keep reading to know about them.
Defcofx Review: Spread Manipulation & Poor Customer Support Outrage Traders
Does the poor customer support service leave you stunned when trading via Defcofx? Do you receive blunt, negative responses from the support team on several trading queries? Does the Saint Lucia-based forex broker pile on the losses for you by manipulating forex spread charges? In this Defcofx review, we have shared some complaints made against the broker. This will further answer your question: Is Defcofx real or fake?
Beware the “Ghost Brokers” This Halloween — Trade Safely with WikiFX
Stay safe this Halloween! Spot and avoid ghost brokers in the forex world with WikiFX – your trusted tool for verifying broker legitimacy.
FP Markets Social Trading Expands Global Access
FP Markets Social Trading connects traders worldwide, offering copy trading, Forex strategies, and expert insights across global markets.
WikiFX Broker
Latest News
Fake Trading Platforms Are Spreading Fast Across Asia ｜ How Investors Are Being Tricked
WikiFXWikiFX Elites Club Committee Concludes Voting! Inaugural Lineup Officially Announced
WikiFXeToro CopyTrader Expands to U.S. Investors
WikiFXIs MH Markets Safe or a Scam? Regulation and Fund Security Explained
WikiFXPonzi Scheme Operator Sentenced to 14 Years in Western Australia
WikiFXChicago PMI Beats But Remains In 'Contraction' For Second Straught Year
WikiFXHow to Add and Take Out Money from Amillex Broker: A Complete Guide
WikiFXT4Trade broker Review 2025: Is T4Trade Regulated?
WikiFXFCA warning: These Firms are on the list
WikiFXDon’t Get Scammed: A Roundup of Common Online Fraud Tactics in Forex
WikiFXRate Calc
